XM Forex News is a great way to keep up with the latest forex news and market trends. The site is updated several times a day, and offers several videos containing expert analysis. It also has a research section where you can find a wealth of information on various topics. It also offers a calendar of webinars.
The customer support team is friendly, knowledgeable, and accessible twenty-four hours a day. They can help you with any questions you may have, and they speak multiple languages. XM also has live chat support available for clients to use, which can make it easier for you to interact with support agents.
XM began activity in 2009, and today serves clients in over 196 countries. It has staff members who speak 30 different languages. The company has branches in Cyprus and Dubai, as well as throughout the MENA region. To make sure that its customers are satisfied, XM offers a wide variety of support options.
The XM Group is regulated by the FSC, IFSC, and ASIC. They also maintain a number of local licenses and regulations. The company also has a negative balance protection policy. This means that you can protect your account from losing money if you make a mistake.
XM also offers variable spreads, which enable traders to trade regardless of news announcements. XM also offers fractional pip pricing, which allows clients to benefit from smaller price fluctuations. Additionally, the company offers no spread limits. All of these features make XM a great choice for beginners.
XM’s educational center is a valuable resource for traders. Not only does it offer key global news reports, it also offers educational materials on fundamental and technical market analysis. It also offers Forex seminars and tutorials. There is also a live education room, which is available around the clock. There are also over 450 employees worldwide.
XM is regulated by three financial authorities. The company was founded in Cyprus in 2009 and is registered with the Cyprus Securities and Exchange Commission (CySEC). The company has subsidiaries in Cyprus, Australia, and the UK. It is also regulated by the International Financial Services Commission (IFSC).
XM also has advanced trading platforms and offers flexible trading conditions. Its trading platform supports stocks, equity indices, commodities, cryptocurrencies, energies, and precious metals. It also offers educational materials for beginners and advanced traders. Traders from over 150 countries can join the XM community.
XM also accepts various deposit methods, including bank transfers, credit cards, and Moneybookers. The minimum deposit for a Micro Account is five dollars, while the Standard Account requires $100. However, the minimum deposit amount is different based on the method of payment and your account validation status. So, if you want to trade in foreign currency, XM is worth considering.
In addition, XM is very flexible in its pricing, with margins that can widen or contract. It also offers margin monitoring, so clients can monitor their leverage levels. This feature allows traders to take advantage of even the smallest movements in the market.