The XM forex calendar helps forex traders to follow the trends in the market. It also has a section that shows the key economic events that are going to affect the currency market. This tool is very helpful for traders who are interested in medium and long-term investments. In this section, traders can see the date, the name of the event, the currency to watch, and the previous and future numbers.
XM is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA). However, it does not have the same regulatory oversight in South Africa, where its customers are likely to trade through a company regulated by the Belize International Financial Services Commission, which is regarded as a weak regulator. Furthermore, if you decide to use this trading platform, you won’t be able to claim compensation for losses.
XM offers a variety of online trading services. It serves clients from 196 countries, and has low commission rates. It was founded in 2009 by a team of market experts and aims to offer fair trading conditions to all its clients. In addition to its fast execution speeds, XM offers customizable leverage up to 888:1, and individualized customer support. Its customer support representatives are highly knowledgeable and speak a variety of languages.
XM also offers a variety of educational material for traders. Its education center focuses on technical analysis, market overview, and news. Its webinars are available in 13 different languages. You can also access live training sessions. These are generally held every eight hours, so you can listen to them whenever you want.
XM also offers a demo account, which is a free resource for trading. This account allows traders to get a feel for how the platform works. Before deciding to open a live account, however, you should make sure to check your email. You can then confirm that the email address is valid and then proceed to the registration process.
XM also offers a number of different trading options, including 57 forex pairs and five other asset types. Additionally, XM allows traders to trade in more than 1,000 stocks from around the world. Using XM’s economic calendar can help you make informed decisions when it comes to trading.
XM charges no fees to open an account and offers several different types of accounts. Their different types differ in pricing, contract size, and base currencies. Some of their account types also require higher deposit minimums. Some XM accounts are also available for Islamic traders. There are also some restrictions, such as the fact that the company doesn’t offer corporate accounts. XM is regulated by 13 different bodies. Despite its popularity, XM has a strict compliance policy.
Withdrawals from XM are generally processed within 24 hours. For deposits made using bank wires, the company may take up to five days to process them. You can also use your e-wallet to make deposits. Withdrawals from XM can be made by credit card, debit card, or a bank account.