XM Forex Bangladesh Review

xm forex bangladesh

XM Forex Bangladesh offers a wide range of services to its clients. These services include technical analysis tools, a market calendar, and a research section. However, these services do not offer any fundamental data. Therefore, clients may need to access third-party sources. XM offers its services in several languages, including English.

Trading in foreign currency is legal in Bangladesh, but traders should be aware that only residents can register with local brokers. The Bangladesh Bank is the financial regulator of the country and issues licenses to Forex brokers. It also resolves disputes between clients and brokers. Additionally, some brokers in Bangladesh offer Islamic accounts, which comply with Sharia Law. Moreover, clients can use their accounts only in their national currency.

As with any other country, foreign currency trading is taxable in Bangladesh. The CGT rate for trading and stock investing income in Bangladesh is 15%, and any profit made over that amount is subject to income tax rates. Because of this, regulated Forex brokers will be able to provide you with tax-efficient services.

XM is a regulated broker that provides its clients with a wide range of financial products. It offers a minimum deposit of $5 and has over 1.5 million clients in over 190 countries. Moreover, its education center contains live educational webinars, educational videos, platform tutorials, and forex seminars.

In addition, the company offers 24-hour customer support in many languages. The customer support desk has native speakers who can help you in your native language. Moreover, you can contact them by phone or live chat. The company’s customer support desk is open 24 hours a day, Monday through Friday.

XM also offers several types of accounts, including micro accounts and standard accounts. The company also offers a variety of pricing schedules and competitive spreads. You should choose a forex broker according to your needs and requirements. Some brokers offer a demo account so you can learn how to trade.

XM also offers a mobile trading platform for its clients. It is available on Android and Apple devices. The mobile apps offer full account functionality. XM offers a Micro Account, Standard Account, and Corporate Account. The minimum deposit is $5. Moreover, the maximum contract size is 888-1. Additionally, XM offers over 55 currency pairs, CFDs on commodities, and energy markets.

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