XM is one of the leading online brokers that allows you to trade in over 300 CFD assets. Its services are available in more than 30 languages and offers clients many investment options. There are several ways to start trading with XM. All you need to do is sign up for a free account and begin trading. The registration process is simple, and it only takes a few minutes. The XM website is easy to navigate and provides step-by-step instructions.
Benefit of Using XM Broker
Reliable Brokerage
XM is a reliable brokerage and is regulated by a number of prestigious financial bodies. For instance, it is licensed by the Financial Conduct Authority (FCA), the UK’s largest financial regulator. It also holds full authorizations from the German Federal Financial Review Office and the Finnish Financial Supervision Authority. Those who wish to trade with XM can be confident that the company is a trustworthy and legitimate investment partner.
Offers Commodities Trading
XM also offers commodities trading, which is a great way to trade without owning a financial instrument. You can also benefit from the market’s volatility by shorting it. You can even trade with virtual currencies if you don’t have the funds to buy them. The xm broker does not charge you commissions on the transaction, and the fees are negligible. If you are an investor looking to trade, XM is the right choice for you.
Has Several Licenses and Services
XM has several licenses and is regulated by more than four countries. It has EEA freedom of provision of services and is a member of the Investor Compensation Fund. Furthermore, it is not prohibited to trade against clients and is regulated by three securities commissions. It also offers a wide range of services, which includes market data and real-time customer support. Hence, XM is a great choice for investors who want a broker with a low fee and high level of protection.
Offers Three Types of Accounts
XM broker offers three types of accounts. Each type of account has different spreads. The commission is charged only for the XM Zero account. All transfer fees are covered by XM, and you are guaranteed to withdraw your money on the same day. The XM Zero broker is regulated by the Financial Commissions Act, and it is a well-known financial intermediary. Therefore, it is safe to trade on XM.
User-Friendly
XM has a wide range of features that are beneficial for beginners. For example, it allows you to practice scalping and hedging, and offers a 24 hour customer support. XM allows its clients to have up to 8 real accounts. The standard account can be opened with a $5 deposit. The fees vary depending on the account type and the amount of leverage. However, it is important to note that XM has a low minimum for opening an account.
Customer First, Service Foremost
XM follows several protocols to protect the money of investors. For example, all of the funds that customers deposit into their accounts are stored in a separate bank account. Moreover, they can be easily transferred to another account. Moreover, XM also offers support via email and phone. However, many users are unhappy with the fees and commissions of XM. If you want to know more about XM, contact a live representative for a demo account.
Opening an XM Account Today
XM has a demo account with 1,300 tradable assets. The platform offers education through webinars, XM TV, and podcasts on trading and fundamental & technical analysis. It also has multilingual customer support and is available twenty-four hours a day, seven days a week. The customer service team speaks multiple languages and can be contacted via phone, email, or live chat. Having a demo account is a great way to learn more about how to trade.
Opening an XM account is easy and fast, and the platform allows you to use scalping and hedging. Almost all orders are executed in under a second, and the broker offers 24/7 customer support. There are no commissions or fees to pay, and you can even open up to 8 real accounts. You can choose between a standard account or a high-risk one. Whether you want to use a live webinar or learn more about the XM broker, you can learn from them.
