When looking for a good forex broker, XM has a great reputation. While it does not accept clients in Spain, it offers a range of CFDs for traders to choose from. XM uses the MegaTrader platform, which is compatible with different operating systems and mobile devices. The company also offers a number of educational webinars in Spanish.
XM is a regulated company with headquarters in Cyprus. This means it has to be completely legal in order to accept clients from Europe. Moreover, it is regulated by the Cyprus Securities and Exchange Commission. This ensures that the company is not a scam and that traders can trust it.
The company has more than 1.000 active traders and a competitive trading platform. In addition, XM offers bonuses and fidelizacion programs. It also uses special software to access global markets and operate different subyacent ones. Most XM reviews emphasize the ease of use and functionality of its MT4 and MT5 trading platforms.
XM offers a comprehensive range of trading tools, which is ideal for beginning traders. The company offers a number of educational courses and webinars on a wide range of topics. These include currency trading, forex education, and trading in foreign currencies. It also organizes Forex seminars worldwide with professional instructors. It also has a Demo Account, which lets you practice trading in real-time without the risk of losing money. You can use your demo account anytime.
XM offers a fast account opening process. Users will need to register for an account and provide their personal details. They will also need to confirm their email address. XM also accepts users from most countries. They have a customer support service available Monday through Friday from 05:00 to 15:00 GMT.
The company uses the MT4 and MT5 trading platforms. They also offer specialized market analysis. Their customer support is also available in Spanish. In addition, they have a wide range of educational resources for their clients. They are also regulated by top-level regulatory bodies, making them reliable.
XM also offers a range of CFDs. They include US30Cash, UK100Cash, and MT5. While they don’t offer exotic metals, they do offer some CFDs, such as Brent and Petroleo. XM also has a good range of MT4 and MT5 trading tools for traders.
XM offers a variety of withdrawal options and does not charge commissions. However, it recommends that clients withdraw their funds via the same method as they deposited them. When withdrawing money from XM, they must verify their identity first. The company does not charge commissions on deposits or withdrawals, and it does not charge international transfers.
XM also offers a variety of educational webinars in Spanish. These are conducted regularly from 7am to 16:00pm GMT. During these webinars, traders can get tips on preparing for trades and following live trades. In addition, there are plenty of tutorials developed by XM’s staff.