XM Forex signals are provided daily for free by a leading online broker that specializes in Forex and Contracts For Difference (CFDs). The signals are generated by a company technical analyst who has extensive experience in the financial markets. The signals are available for free to XM clients with live accounts. In addition, XM provides clients with a free download of financial instrument analyses.
The XM Group’s free trading signals are available on six major currency pairs. These include EUR/USD, GBP/JPY, USD/JPY, AUD/USD, and the NIKKEI. The signals are provided five days a week and are valid for both new and existing clients.
XM offers an opportunity to open a free demo account. Users can do this by selecting the Open Demo Account link on the XM Forex homepage. A single-page registration form will appear, which requires users to fill in their name, email, and country. In addition, they must select their preferred trading currency and the amount they want to invest.
Withdrawals from XM Forex are processed within 24 hours. Withdrawals can be made through an e-wallet or bank wire. The withdrawal order will take up to 24 hours to process, but the funds may take longer than 24 hours to be received. XM will also process withdrawal requests in the same currency as the deposit.
XM is a regulated online broker. It has been in business since 2015, and has been registered with the Cyprus Securities and Exchange Commission. It is also regulated by the Australian Securities and Investments Commission and the International Financial Services Commission. Moreover, the company boasts of having 2.4 billion trades with no re-quotes and no rejections.
XM offers its clients access to the popular MetaTrader 4 and MetaTrader 5 trading platforms. These platforms help its clients trade in a variety of markets, including indices, precious metals, and Forex. Clients can also use mobile applications for easy and convenient trading. The XM Group offers a variety of tools and signals, including live chat support and a free online learning center. The company also offers a range of educational resources to help clients navigate the MetaTrader platforms.
While Plus500 and XM offer similar trading platforms, the former has more technologically advanced trading platforms and superior research and education. The MT4/MT5 trading platforms are more robust and secure. With a low minimum deposit, XM is affordable for most traders. Plus500, on the other hand, is marginally older and offers a proprietary platform and no support for other trading platforms.
Founded in 2009, XM Group has grown into a global broker that serves more than one million online traders from over 190 countries. With support available in 30+ languages, XM offers customer service and 16 fully functional trading platforms. The company boasts over 1.5 billion trades without rejections and re-quotes and has an average forex fee of just 0.1%.