XM has a number of excellent features that will make you want to make trades with this company. Its MT4 and MT5 trading platforms have advanced features such as automated trading robots. It also has an impressive array of manual trading tools. The company’s services also include full training.
XM started operations in 2009 and now has clients in 196 countries. It has support teams that speak over 25 languages. It is licensed by CySEC in Cyprus and follows enhanced regulatory standards. The company also has a branch in Dubai, which serves customers in the MENA region.
The company offers a variety of trading options, including fixed and variable spreads. Fixed spreads are a little higher than variable spreads, but they are more flexible for different trading strategies. XM also offers a range of commodities. There are 17 different commodities you can trade. The commodities are also traded as CFDs, which means you don’t have to pay conversion fees.
XM offers low trading fees and a range of educational tools. They also offer a wide range of products, including over 1000 trading markets in 6 asset classes and 55 currency pairs. You can trade Forex, CFDs on stock indices, commodities, metals, and even Cryptocurrencies.
XM’s customer service is reliable and fast, and they provide assistance in over 25 languages. You can get assistance from a representative who speaks your native language or a representative who understands your preferred trading style. They offer support via live chat, email, and phone. And you can also trade on the go with their mobile trading apps.
XM has an impressive range of account options for both beginners and more experienced traders. You can open an account with a minimum of $5 USD. XM offers four account types: Micro, Standard, and Ultra Low Spread. The Micro account is designed for beginners. The Standard account is suitable for everyone. XM also offers a zero-commission trading environment. The Ultra Low Spread account is designed for scalpers and experienced traders. Traders can also use a trailing stop to hedge against negative market movements.
XM offers educational materials that help traders make better decisions. Clients can access these through their XM Learning Center. These include articles, webinars, and research materials. Furthermore, XM has over 1.5 million clients worldwide. The company aims to provide the best user experience in the industry. Signing up for an account is simple and only costs $5.
XM offers four different account types. There is a Micro account for new traders, a Standard account for experienced traders, and an XM Ultra Low account for advanced traders. Each of these accounts has its pros and cons, and you can choose the one that works best for you.
Depositing and withdrawing funds with XM is easy and hassle-free. The company accepts major credit cards, bank wire transfers, and e-wallets for deposits. Withdrawals are free for all clients, and XM covers all fees.