XM Forex Broker Malaysia Review

xm forex broker malaysia

One of the key benefits of XM Forex broker Malaysia is their customer support. This support is fast and available in a variety of languages. Support representatives can answer your questions in English, Chinese, Japanese, Greek, Malay, and more. They are available round-the-clock, and you can reach them via live chat, email, and phone. The company also offers a demo account, which allows you to trade without risking any money.

XM offers two rooms, the Basic Room for beginners and the Advanced Room for more experienced traders. XM also offers XM Live Education, a free series of webinars conducted in English and Malay that covers trading fundamentals and trading session analysis. XM’s Advanced Room has live discussions and a range of other features, such as How to Prepare for trades, Follow Real-Time Trading, and Live Debates. XM’s free webinars are presented by 67 experienced forex professionals.

XM has over 1.5 million traders worldwide and is the largest forex broker in Malaysia. Its range of trading products includes advanced trading solutions, a wide range of trading tools, and a low minimum deposit requirement. Beginners can open an XM account with as little as 5 USD, and it offers research materials and webinars for learning about trading. XM offers a customer support team in Malay.

Although XM is regulated by the world’s leading financial regulators, Malaysian traders may not be as protected as their international counterparts. XM is regulated by the UK’s FCA and the ASIC of Australia, but its Malaysian clients will be trading through the Belize IFSC, a regulator that is considered weak in terms of transparency. Moreover, XM does not provide compensation to clients in the event of liquidation. Furthermore, XM charges a once-off inactivity fee of 15 USD, and a five-dollar monthly fee after that.

As for the customer service, XM has a smooth and easy-to-use interface. It offers two types of kos dagangan (forex) and a demo account, which allows you to trade for free without risking any money. It also offers a variety of services, including the ability to monitor and modify trading strategies. It is also safe and secure to use.

Another key feature of XM is its support for more than 30 different currencies. In addition to Dolar AS, XM also supports Bitcoin, Ethereum, Ripple, and Litecoin. These five currencies are among the most popular ones in the forex market. The XM website is easily accessible, which allows you to manage the risk associated with each trading strategy.

XM has been in the forex industry for quite a while, and is a leader in the region. The company has a reputation for quality service, which helps it compete with other brokers in the forex industry. Furthermore, XM is a forex broker in Eropah, Cyprus, and Belize.

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