XM Forex is one of the leading brokers on the Internet, offering its clients competitive trading conditions. The spreads on micro and standard accounts start at just 1 pip. For XM Zero account holders, spreads start at 0 pip. Overnight fees are calculated based on the position taken and the differences in currency rates.
The company was founded in 2009 by Al Nasraniya, a Saudi Arabian bank. It is based in Al Nasraniya, Saudi Arabia. Al Nasraniya is the first branch of XM Forex in the Middle East. The company has over 1,500 employees. It has offices in dozens of countries, including the United States, Hong Kong, and Saudi Arabia.
The company’s website offers an introductory course that will introduce you to the world of forex trading. It is an excellent place to start learning about the latest trends and strategies. It also gives you an overview of the various software programs available. You can also find articles about how to use them and what to avoid.
Once you have mastered the basics of forex trading, you can move on to more advanced topics. You can also get an overview of online trading platforms, such as Admiral Markets and tTbyqt Trading Station. It is recommended that you try out several platforms before making your decision. You may even be surprised to find one that suits you the best.
XM is a customer-friendly broker offering forex trading and CFD trading. The company also offers education resources and personalized service. It also deals in more than 1,000 markets. Its advanced education section includes videos, technical analysis, and an extensive library of educational material. It also has a learning center that offers webinars and seminars.
To open an account, you should provide a valid identity proof and residential address. You must also fund your account. XM will transfer your funds back to your bank account within 24 hours. In some cases, it may take up to five business days to receive your funds. It is important to do some research before deciding on a brokerage.
If you are not sure which program is right for you, it is best to seek advice from a financial advisor. In this way, you can be certain of your decision. This will help you make the right decisions when it comes to investing. It will also help you avoid scams. A good financial advisor will also be able to advise you about the best products for you.
XM is a broker that caters to both experienced and new traders. It also offers webinars, educational materials, and one-to-one advice for its clients. Furthermore, it offers a demo account that allows you to practice trading without putting up any money. This demo account also comes with unlimited usage time.