Opening an account with XM is a simple process. You can choose from one of their four account types. Each account has a different type of leverage and you can trade with as little as 0.6 pips. In addition, there are no commissions, and you can start trading with a minimum deposit of just $50.
XM offers trading conditions that are highly competitive with other global brokers. The spreads are low and they provide access to more than 100 financial instruments. In addition, XM offers a number of benefits to their clients, including fractional pip processing, negative balance protection, and real-time risk exposure monitoring. The company also has a 24 hour customer support center and offers live market information.
XM has over 3.5 million clients worldwide. Its services cover forex, CFDs, metals, and energy options. The broker’s trading software, MetaTrader 4, and 5 platforms, and it offers educational resources and research. XM also offers a demo account with $100,000 USD in virtual funds, which can prove invaluable to new traders.
XM is one of the most renowned and successful forex brokers. Clients from 196 countries use XM to trade currencies and other assets. The company is regulated and has a support team that speaks more than 25 languages. The company was founded in 2009 and is based in Cyprus.
If you are new to trading, an XM demo account provides a risk-free trading experience. It offers 100,000 virtual dollars, and is available on web and desktop platforms. It has no expiry date, and it is a great way to learn the ropes of the trade without risking real money. The demo account also does not require a credit card and can be kept open for 90 days. Additionally, XM offers free deposits and withdrawals, as well as a free VPS service.
XM has over 1,500,000 clients worldwide. Their headquarters are located in Cyprus with offices in Belize and Australia. The company also offers customer support in more than 30 languages. XM also offers a variety of payment methods, including a local bank transfer option, which allows clients to fund their accounts with no conversion fees.
XM also offers trading software for its clients. The popular MetaTrader 4 and MetaTrader 5 forex trading software programs are available for desktop, web, and mobile platforms. Both platforms are highly developed and offer full training. The software allows for automated trading and multi-asset trading. The MT4 platform supports a number of currencies, including US dollars and Japanese Yen.