XM trader forex is a leading forex broker that began operations in 2009. XM claims to have over 5 million clients in 190 countries and more than 450 employees globally. They offer support in various languages and have representatives on call 24 hours a day, seven days a week. XM also offers a live chat widget for customers with urgent questions.
XM trader forex comes with a range of trading features and a competitive fee structure. It also features a large number of trading platforms and extensive resources. Its website offers a variety of trading options, including more than 100 financial instruments. Users can trade with leverages of up to 1:30. Moreover, XM trader forex offers numerous currency options, including the South African Rand (ZAR), Singapore dollar (SGD), and several other global currencies.
XM also offers a variety of technical indicators and a comprehensive research toolbox. It offers Forex Calculators and MQL5 as standard and a wide range of exclusive indicators for subscribers. You can use these indicators to make automated and manual trades. XM trader forex is a safe, reliable, and easy to use platform.
You can start with $5 USD and trade up to 200 lots per contract. XM trader forex supports major currencies such as EUR, USD, GBP, and ZAR. Traders can choose from a range of account types depending on their financial situation. The account types that are available for new traders include the Micro, Standard, and Zero accounts.
XM trader forex offers a demo account that allows you to test new trading strategies before risking your real money. The demo account is available on desktop, web, and mobile platforms. It has no expiry date and lets users practice trading without risking real money. Demo accounts can be used up to five times, and they are not subject to account withdrawal or account closing fees. The demo account is also supported with 24 hour customer service.
XM trader forex offers a mobile trading platform and accepts trades with over 55 currency pairs, including majors, exotics, and crosses. The MT4 platform is easy to use and safe for both novices and experienced traders. The platform allows traders to trade their preferred currency pairs with extremely tight spreads. In addition, it doesn’t require a high initial deposit. There are also no hidden fees or charges.
XM also provides educational materials. The XM Learning Center includes videos and audios that can help traders improve their trading skills. It also offers live analysis of different markets. The company invests heavily in user education. It even holds free weekly webinars on popular topics. Moreover, its website has educational materials for traders at all levels, from beginners to advanced traders.
XM trader forex trading hours: XM trader forex has trading hours between 22:05 UTC on Sunday and Friday. Most trading opportunities come from the London session, which starts at 08:00 and ends at 22:00 UTC. The Asian trading session, led by Tokyo, opens at 23:00 UTC and closes at 06:00 UTC. These three hours have the tightest spreads. These hours are also dependent on short-term traders.