In this XM com forex review, you will learn more about how to start trading with XM. This company offers a wide variety of financial assets to trade. They also offer a demo account that does not expire, so you can practice before you invest any money. This will give you a feel for how it works and help you determine whether it is a good fit for your trading needs.
XM is an established company with a strong track record and a long history. It has an excellent regulatory status in Cyprus and Belize, and has an extensive offering of individual equities from around the world. Their fees are competitive, and you can open a zero account with a low minimum deposit. Another good feature of XM is that it offers a no deposit bonus of 30 USD. This allows traders to try out the service with minimal risk, and the profits made can be withdrawn without any problem.
Another excellent feature of XM is its educational services. The company provides free webinars on popular topics and invests in the education of its users. The company also offers educational materials in various languages and conducts live analysis of the different markets. The company also has a help desk available whenever you are looking for a trade.
As far as security is concerned, XM has implemented organizational procedures to ensure the safety of personal data. If you want to open a demo account, you’ll need to confirm your email address. XM also requires you to submit identification documents, such as a passport or a national identity card.
Customer support is reliable and fast. In addition, XM offers support in 25 different languages. The customer service desk is open 24 hours a day, from Monday through Friday. They are also available through live chat or via email. The customer service staff speaks several languages, including Japanese, Chinese, Greek, and Bahasa Malay.
XM offers a comprehensive array of financial instruments including stocks, indices, currencies, and other commodities. Its platform allows you to trade on more than 1300 different instruments, and it also offers a wide variety of account types. The platform is accessible in over 30 languages and offers educational materials.
XM has a wide selection of educational tools, low stock CFD fees, and easy account opening. However, the company lags behind other forex brokers when it comes to fees and commissions. It also offers limited investor protection. Nevertheless, many clients are satisfied with their trading experience with XM.
Another key feature of XM is that it offers zero account fees, which is beneficial for traders with small deposit amounts. For traders with higher deposits, the company may offer lower fees.