XM is one of the largest international Forex brokers in the world. It is regulated in the EU and UK and offers trading in over 1,000 instruments. It has an extensive range of trading tools and the best order execution quality. It offers copy trading, an innovative system that copies the strategies of experienced traders to your account. This enables you to focus on developing your strategies rather than worrying about your trades.
XM also offers client-focused support and service. They place clients’ needs first and treat every client equally. XM offers support and service in a variety of languages. Their website is available in 22 languages and customer support is available in 25 languages. Traders can choose from three account types: the XM Zero account, the Micro account, and the Standard account. For EU residents, XM Zero and Micro account offer negative balance protection, meaning that losses won’t exceed your deposit.
Withdrawals are processed within 24 hours and can be made via an e-wallet, bank wire transfer, or credit card. Withdrawals are processed in the currency that you deposit. XM is able to process withdrawal requests within 24 hours, though it may take up to five business days to receive the funds.
The XM MQL5 platform also allows subscribers to subscribe to signal providers and share messages. Moreover, users can create their own groups and leave comments on their signals. As with any service, however, copy trading comes with a risk of financial loss. Thus, it is important to select the right copy trader and follow risk management rules to avoid unnecessary losses.