The XM Forex mobile app is a great way to trade the forex market on the go, without the need for a desktop computer. The app works with your existing MT4 account and offers a wide range of features, including an international trade center. It also lets you trade in over 30 different currencies. You can also open a demo account and trade in live trading mode. You can also withdraw money from your account, and XM covers all the fees associated with the transactions.
The XM Forex mobile app is compatible with MetaTrader 4, one of the most popular Forex trading platforms. It allows you to trade in different assets, such as currencies, shares, precious metals, and CFD on stock indices. This app also features a powerful analysis tool. Moreover, it’s incredibly easy to use.
The XM Forex mobile app provides a full range of trading features, such as multiple chart types and more than 30 technical indicators. It also allows you to keep track of your trades, and you can also access your trading history journal. XM’s mobile app can be downloaded from Google Play or iOS.
Withdrawals can be processed within 24 hours, and the minimum deposit is $5 for the Micro and Standard accounts. Withdrawals of more than $200 are processed with no fees. Unlike withdrawals on other brokerages, you can withdraw your funds at any time. Just make sure that you use the right method for your needs.
XM offers low commissions on its CFD and Forex trading accounts. It also offers a Zero account option, which is an affordable option for new Forex traders. XM also offers 1,200+ individual shares and stocks. The broker has a long track record and is regulated in Cyprus and Belize. There are some cons, however, including high spreads on the Standard account.
If you want to make trades from your smartphone, you can do so in a variety of languages. You can also use cTrader, which is a proprietary language. You can choose from a variety of languages to interact with the app’s customer support representatives. This way, you’ll be able to communicate with the people you’re dealing with most effectively.
XM was founded in 2009 and has since won numerous awards in the industry. It also provides support in several languages and has executed over 2.4 billion trades without rejection or re-quotes. In addition to its excellent reputation, XM’s low commissions make it one of the lowest-priced forex brokerages, but there are fees associated with it. Those with dormant accounts will be charged an inactivity fee.