XM forex Sinhala is a broker that allows you to trade in the foreign exchange market. It has several advantages over other forex brokers. It is a multi-account broker, and its deposit bonus is transferable to another account. This is advantageous because most brokers will remove the bonus value when you move your funds from one account to another.
Withdrawal requests are processed quickly by XM. If you withdraw funds from your XM account, you can receive it back in as little as 24 hours. XM offers various methods of withdrawal, including bank transfers and credit/debit cards. Bank transfers can take a few business days to process, but credit/debit card payment is instant. XM also charges no withdrawal fees, although a fee of $15 applies for transactions below $200. In addition, the maximum withdrawal amount is equal to the amount you deposited.
XM is regulated by three different regulatory agencies globally. Besides being a registered forex broker in Sinhala, it is licensed by ASIC in Cyprus, the Australian Securities and Investments Commission, and the Financial Services Commission of Belize. Those who want to trade in Sinhala will want to make sure that the broker they are dealing with is regulated by one of these agencies.
XM is based in Sri Lanka, but has been around since 2009. It employs over 600 professionals and serves more than 5 million clients from 196 countries. XM has a low commission system, which makes it ideal for beginners. The company also offers an inactivity fee for accounts that have been dormant for 90 days.
XM Forex Sinhala provides clients with a variety of educational resources and an excellent range of technical tools. However, there are some drawbacks. Although it is a great choice for Sri Lanka clients, it carries a high level of risk, so you should be aware of the risks. Before trading, make sure you understand the risks and make sure you get independent advice.
XM Forex Sinhala has a variety of rewards programs. Those who opt for the Elite Loyalty Program can get up to 20XMP per lot after 100 days of trading. The Executive Loyalty Program offers 10XMP per lot straight away, followed by Gold and Diamond Loyalty programs.
XM also offers a mobile trading platform. The design of the mobile trading platform is impressive and the user interface is easy to use. Users can log in using their email address, and they can even receive notifications via email. The mobile app allows users to search by category folders, and they use the same order types and time limits.