The XM Forex for Mac offers the same advanced trading platform that is used by traders on the Windows operating system. This application allows users to view real-time Forex market news and trade with over one hundred instruments. This program also allows users to create and use advanced trading strategies. It provides access to over fifty indicators and three chart types.
Clients who choose to open an account with XM Forex for Mac need only to make a $5 deposit to get started. This broker offers five different types of accounts for retail clients. Each type of account offers varying levels of flexibility and trade size. For example, retail clients can choose from zero accounts, variable spreads, and tight spreads.
XM forex for mac comes with a number of extras that will make your forex trading experience easier and more enjoyable. In addition to free trading signals, you can also use a currency calculator and access the economic calendar. You can also find market reviews, Forex news, and technical analysis. XM customer support is available 24 hours a day, seven days a week. The company employs representatives who speak several languages and offer personalized service.
XM forex for mac is compatible with all major operating systems, including MacOS, which means you do not need to install any special software on your Mac. You can even run EAs on this version, if you wish. With this trading platform, XM Mac MT4 supports over 50 technical indicators and charting tools.
XM forex for mac comes with a demo account that allows you to test out trading strategies and Expert Advisers. There are ten available investment amounts for you to test out before you invest real money. You can also choose the maximum leverage you want to use. You can choose between a five and sixteen-pips leverage. This allows you to trade without the risk of losing real money. This is an important feature for many traders.
Another important feature of XM forex for mac is its wide spreads. Its spreads are variable for the EUR/USD pair, but they are competitive compared to global brokers. XM also has low commissions and very few fees. There are no deposit or withdrawal fees. However, if you are inactive for 90 days, you have to pay $5 a month for inactivity. If you are new to forex, XM is an excellent choice.
As a new client, you can earn up to $30 in non-deposit trading bonuses. Moreover, you can earn XM Points for every lot you trade, which you can redeem for credit bonuses. The account opening process is very fast. You will have to navigate through a few web screens before you can open your account.
XM’s overnight financing rates are competitive with the industry average. Therefore, if you intend to hold your positions for more than a day, XM might be the best choice for you.