XM is an online broker with a full suite of trading platforms and features. It offers more than 55 currency pairs and direct access to the global equities market. It also offers real-time market data and 24-hour customer support. Among the company’s many benefits are its low spreads, instant access to market data, and TV-quality videos.
To open an XM account, you must first establish a residential address and provide your identity verification. These steps are easy to complete and can be done online. Upon completion, the XM system will transfer the funds to your bank account, in the same name as your XM account. Once your funds are available, you can make withdrawal requests within 24 hours. Withdrawals are processed in the currency that you first deposited.
XM offers a variety of account types, including share accounts and zero accounts. The latter offer a high level of leverage, but you have to be aware of its limitations. The account size is one share, and the minimum trading volume is one lot. In addition, XM provides Islamic accounts for Muslim traders. While many brokers require an additional fee to open an Islamic account, XM does not.
XM also offers excellent customer support. It offers live chat assistance to help new traders. It also educates its clients on the MetaTrader platform. Its clients are able to access the full suite of MetaTrader tools. You can also access educational videos to learn more about the market. You’ll also have access to live webinars, and webinars.
XM’s customer support is available in more than 25 languages. The company’s website is fully regulated and XM is regulated by several financial regulators. This means that it is a trustworthy brokerage. There are also references you can consult to confirm its credentials. This means that if you’re considering using XM, you can’t go wrong.
XM has a number of different account levels available. It offers a micro-account and a standard account. It also offers a specialized account known as the XM Zero. This account is designed for beginners with little knowledge of the Forex market. The minimum investment amount is just five dollars.
XM offers a robust mobile trading platform. Its design and user-friendliness make it an excellent choice for those who are on the go. XM offers a two-step authentication for its platform and deposit and withdrawal functions. The mobile platform also offers a number of other features, including category folders and order types.
XM offers an affordable trading account with low fees. It has over 1.5 million users and offers a variety of trading products. It also supports hedging and scalping and is available in over 25 languages. In addition, XM offers a demo account with no time limit. It also offers webinars and research materials for its traders.