XM Forex Broker Reviews

xm forex broker reviews

If you are looking for a broker who can help you invest in the forex market, you might want to consider XM. The company has a long track record and a good reputation. Moreover, it is regulated in Cyprus, Belize and Australia. Hence, its customer service is also good.

Traders can also take advantage of XM’s learning opportunities by attending workshops across the world. These workshops provide tips and techniques that can be applied to the foreign currency market. In addition to that, XM offers 24 hour access to its services, with trading hours starting at 22:05 GMT on Sundays and ending at 21:50 GMT on Fridays. Users can also receive free price alerts for a variety of trading options. The company has a flexible trading platform, and traders can choose from more than 100 financial instruments.

The company is dedicated to achieving the highest level of customer satisfaction. It claims to have over 5 million clients in more than 120 countries. It also has over 450 global employees. It claims to have processed over 2.4 billion transactions without rejection. In addition to these statistics, XM also strives to be a fair broker.

XM offers three main types of accounts – commission-free, commission-based XM Zero, and ultra-low. Moreover, it accepts multiple payment methods including Western Union, PayPal and Moneybookers. Its commissions are also low compared to other global brokers. There are also few fees – XM does not charge a deposit fee or withdrawal fee. The only inactive account fee is $5 monthly for 90 days.

XM is a highly-regarded forex broker that offers flexible trading conditions and a robust trading platform. The company has been around for almost a decade and has won numerous industry awards. It offers support in multiple languages, a comprehensive educational suite and 24-hour live support. This broker has a reputation for being fair and transparent in the forex market.

XM provides a wide range of educational tools to help new traders learn the ins and outs of the forex market. It has hundreds of seminars across the world and an excellent webinar library. The webinars are available seven days a week and in 19 different languages. XM’s learning center also offers webinars and seminars to help traders improve their skills and their trading strategy.

Aside from these features, XM has an excellent demo account that allows traders to practice without risking real money. The demo account has a $100,000 virtual balance, and it can be used on desktop, web, or mobile platforms. Moreover, there is no expiration date for the demo account. However, if it remains inactive for 90 days from the last login, it will be closed. Despite this, XM also allows its clients to open a new demo account anytime they want.

In addition to offering superior services, XM offers expert advisors to trade forex. These advisors help forex traders to maximize their profits.

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With over 5,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader.

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