Xm trading platform free download, xm trade.
Xm trade
Lifeamp is a winamp plugin for playing modules - MOD, XM, S3M, IT. Xmtuner allows you to access the sirius XM satelite radio streams (both XM radio online and sirius internet radio) on your upnp media player.
No deposit forex bonuses
Xm trading platform free download
Most people looking for xm trading platform free downloaded:
XM MT4
XM MT4 is a platform that allows you to trade forex, futures and cfds.
XM MT4 multiterminal
XM MT4 multiterminal is a platform that enables you to trade equities, commodities, indices, stocks and currencies.
Metatrader multiterminal - EXNESS
Multiterminal was created for investment managers working with exness, but now all exness clients can trade on a multiple accounts from one terminal.
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XM MT5
XM MT5 is a trading platform you can use to trade FX, stocks, gold, oil, and equity indices.
XM MT5 is a trading platform you can . Login to 7 platforms, full EA .
Passion audio player
The audio player for those who have passion with pcs and music.
Bentley autopipe XM
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Xmplayer
Xmplayer is an audio player, supporting the OGG / MP3 / MP2 / MP1 / WMA / WAV / AIFF / CDA / MO3 / IT / XM / S3M / MTM .
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Xmtuner allows you to access the sirius XM satelite radio streams (both XM radio online and sirius internet radio) on your upnp media player.
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WPN-XM is a free & open source web server solution stack for professional PHP development on the windows platform.
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Lifeamp is a winamp plugin for playing modules - MOD, XM, S3M, IT.
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Trading account types
XM CY trading account types
Micro account
- Base currency options
- USD, EUR, GBP, JPY, CHF,
AUD, HUF, PLN, RUB, SGD, ZAR
- Contract size
- 1 lot = 1,000
- Spread on all majors
- As low as 1 pip
- Commission
- Maximum open/pending orders per client
- 200 positions
- Minimum trade volume
- 0.01 lots (MT4)
0.1 lots (MT5)
- Lot restriction per ticket
- 100 lots
- Islamic account
- Optional
- Minimum deposit
- 5$
Standard account
- Base currency options
- USD, EUR, GBP, JPY, CHF,
AUD, HUF, PLN, RUB, SGD, ZAR
- Contract size
- 1 lot = 100,000
- Spread on all majors
- As low as 1 pip
- Commission
- Maximum open/pending orders per client
- 200 positions
- Minimum trade volume
- 0.01 lots
- Lot restriction per ticket
- 50 lots
- Islamic account
- Optional
- Minimum deposit
- 5$
XM zero accounts
- Base currency options
- USD, EUR, JPY
- Contract size
- 1 lot = 100,000
- Spread on all majors
- As low as 0 pips
- Commission
- Maximum open/pending orders per client
- 200 positions
- Minimum trade volume
- 0.01 lots
- Lot restriction per ticket
- 50 lots
- Islamic account
- Optional
- Minimum deposit
- 100$
The figures above should only be regarded as reference. XM is ready to create custom-tailored forex account solutions for every client. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency.
You may be new to forex, so a demo account is the ideal choice to test your trading potential. It allows you to trade with virtual money, without exposing you to any risk, as your gains and losses are simulated. Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real money.
What is a forex trading account?
A forex account at XM is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Forex accounts at XM can be opened in micro, standard or XM zero formats as shown in the table above.
Please note that forex (or currency) trading is available on all XM platforms.
In summary, your forex trading account includes
- 1. Access to the XM members area
- 2. Access to the corresponding platform(s)
Similarly to your bank, once you register a forex trading account with XM for the first time, you will be required to go through a straightforward KYC (know your customer) process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.
By opening a forex account, you will be automatically emailed your login details, which will give you access to the XM members area.
The XM members area is where you will manage the functions of your account, including depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing leverage, accessing support and accessing the trading tools offered by XM.
Our offerings within the clients’ members area are provided and constantly enriched with more and more functionalities and therefore giving our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers.
Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades. Any deposits/withdrawals or other changes to settings you make from the XM members area will reflect on your corresponding trading platform.
What is a multi-asset trading account?
A multi-asset trading account at XM is an account that works similarly to your bank account, but with the difference that it is issued with the purpose of trading currencies, stock indices cfds, stock cfds, as well as cfds on metals and energies.
Multi-asset trading accounts at XM can be opened in micro, standard or XM zero formats as you can view in the table above.
Please note that multi-asset trading is available only on MT5 accounts, which also allows you access to the XM webtrader.
In summary, your multi-asset trading account includes
- 1. Access to the XM members area
- 2. Access to the corresponding platform(s)
- 3. Access to the XM webtrader
Similarly to your bank, once you register a multi-asset trading account with XM for the first time, you will be requested to go through a straightforward KYC (know your customer) process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details. Please note that if you already maintain a different XM account, you will not have to go through the KYC validation process as our system will automatically identify your details.
By opening a trading account, you will be automatically emailed your login details that will give you access to the XM members area.
The XM members area is where you will manage the functions of your account, including the depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing the leverage, accessing support and accessing the trading tools offered by XM.
Our offerings within the clients members area are provided and constantly enriched with more and more functionalities, allowing our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers.
Your multi-asset trading account login details will correspond to a login on the trading platform which matches your type of account, and it is ultimately where you will be performing your trades. Any deposits and/or withdrawals or other setting changes you make from the XM members area will reflect on your corresponding trading platform.
Who should choose MT4?
MT4 is the predecessor of the MT5 trading platform. At XM, the MT4 platform enables trading on currencies, cfds on stock indices, as well as cfds on gold and oil, but it does not offer trading on stock cfds. Our clients who do not wish to open an MT5 trading account can continue using their MT4 accounts and open an additional MT5 account at any time.
Access to the MT4 platform is available for micro, standard or XM zero as per the table above.
Who should choose MT5?
Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices cfds, gold and oil cfds, as well as stock cfds.
Your login details to the MT5 will also give you access to the XM webtrader in addition to the desktop (downloadable) MT5 and the accompanying apps.
Access to the MT5 platform is available for micro, standard or XM zero as shown in the table above.
What is the main difference between MT4 trading accounts and MT5 trading accounts?
The main difference is that MT4 does not offer trading on stock cfds.
Can I hold multiple trading accounts?
Yes, you can. Any XM client can hold up to 8 trading accounts of their choice.
How to manage your trading accounts?
Deposits, withdrawals or any other functions related to any of your trading accounts can be handled in the XM members area.
© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions
Legal: this website is operated by trading point of financial instruments limited, registration number HE251334, with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.
Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider our risk disclosure.
Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
For more information please read our cookie policy.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
Read more, or change your cookie settings.
Your cookie settings
What are cookies?
Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.
Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.
We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.
Why are cookies useful?
We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.
Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.
In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.
Here is an overview of some of the functions our cookies provide us with:
- Verifying your identity and detecting the country you are currently visiting from
- Checking browser type and device
- Tracking which site the user was referred from
- Allowing third parties to customize content accordingly
This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.
Members area access
Use your MT4/MT5 real account number and password to log in to the members area.
New to XM?
© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions
Legal: this website is operated by trading point of financial instruments limited, registration number HE251334, with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.
Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider our risk disclosure.
Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
Read more, or change your cookie settings.
Your cookie settings
What are cookies?
Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.
Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.
We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.
Why are cookies useful?
We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.
Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.
In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.
Here is an overview of some of the functions our cookies provide us with:
- Verifying your identity and detecting the country you are currently visiting from
- Checking browser type and device
- Tracking which site the user was referred from
- Allowing third parties to customize content accordingly
This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.
Change settings
Please select which types of cookies you want to be stored on your device.
Metatrader 5 (MT5)
Why XM MT5 is better?
The XM MT5 offers all the pioneering features that the XM MT4 has to offer, with the addition of 1000 CFDS on stocks (shares), which makes it the ideal multi-asset platform. Trade forex and cfds on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and leverage from 1:1 to 30:1.
XM MT5 features
- Over 1000 instruments, including stock cfds, stock indices cfds, forex, cfds on precious metals and cfds on energies.
- 1 single login to 7 platforms
- Spreads as low as 0 pips
- Full EA functionality
- One click trading
- All order types supported
- Over 80 technical analysis objects
- Market depth of latest price quotes
- Hedging allowed
XM MT5 - 1 platform, 6 asset classes
Gain access to the world’s financial markets.
- Download the terminal by clicking here (.Exe file)
- Run the XM.Exe file after it has downloaded.
- When launching the program for the first time, you will see the login window.
- Enter your real or demo account login data.
- Multi-asset platform for over 1000 instruments
- Ability to display 100 charts simultaneously
- Supports all order types, including market, pending, stop orders, and trailing stop
- Over 80 technical indicators and over 40 analytical objects
- Superior built-in MQL5 development environment
- Mobile trading for android & IOS
- Web trading for windows, mac, linux operating systems
- Internal mailing system
- Operating system: microsoft windows 7 or higher, the 64-bit version of windows 10 strongly recommended
- Processor: with SSE2 support suitable for all modern cpus (pentium 4/athlon 64 or higher)
- Other hardware requirements depend on the specific platform use (e.G. Load from running MQL5 applications, number of active instruments and charts)
- STEP 1: click start → all programs → XM MT5 → uninstall
- STEP 2: follow the on-screen instructions until the uninstall process finishes
- STEP 3: click my computer → click drive C or the root drive, where your operating system is installed → click program files → locate the folder XM MT5 and delete it
- STEP 4: restart your computer
How can I gain access to the MT5 platform?
To start trading on the MT5 platform you need to have an XM MT5 trading account. It is not possible to trade on the MT5 platform with your existing XM MT4 account. To open an XM MT5 account click here.
Can I use my MT4 account ID to access MT5?
No, you can’t. You need to have an XM MT5 trading account. To open an XM MT5 account click here.
How do I get my MT5 account validated?
If you are already an XM client with an MT4 account, you can open an additional MT5 account from the members area without having to re-submit your validation documents. However, if you are a new client you will need to provide us with all the necessary validation documents (i.E. Proof of identity and proof of residency).
Can I trade stock cfds with my existing MT4 trading account?
No, you can't. You need to have an XM MT5 trading account to trade stock cfds. To open an XM MT5 account click here.
What instruments can I trade on MT5?
On the MT5 platform you can trade all the instruments available at XM including stock cfds, stock indices cfds, forex, cfds on precious metals and cfds on energies.
The online trading platform metatrader 5, or commonly known as MT5, is the successor of the well-known metatrader 4 (MT4). It was developed by metaquotes software corp., and initially released in 2010 as a beta version. Over the years, metaquotes had invested in continuous development, testing and improvements, which made MT5 today as the next generation of trading platforms with extended possibilities.
The biggest advantage that MT5 possesses over its predecessor is its flexibility to offer an extended number of instruments from various asset classes with different settings, all tradable from the same interface and the same trading account.
Metatrader 5 (MT5) takes the famous charting package and the automated trading possibilities to a whole new level. All the features that made metatrader 4 (MT4) the platform of choice have been kept and have been upgraded to a more sophisticated back end infrastructure that can support trading on multiple instruments from various asset classes.
Multi-asset trading on MT5
MT5 gives online investors the option to trade on multiple asset classes ranging from forex (currency trading), contracts for difference (cfds) for individual stocks (shares), stock indices, precious metals, energies and commodities.
Whether for beginner, more advanced or professional online traders, MT5 has opened up new perspectives to not just trade but also gain better visibility across different markets and different asset classes.
Moreover, in the 21st century, the ability for online investors to trade various financial assets from one account offers the benefit of strategic asset allocation (or asset management), with the primary aim to allocate the invested capital in several different assets and manage risk according to market volatility, as well as according to how those assets perform in the short or in the long run.
Advantages of MT5 in online trading
The multi-functionality of the MT5 platform includes powerful features, which were all developed with state-of-the-art technology and by keeping several major criteria in mind, the most important ones being the same second to none charting package, the possibilities and flexibility of automated trading (algorithmic trading) and now a diversity of markets supported.
For both beginner and professional traders MT5 ensures platform features and functionalities that are in line with the highest expectations of any online investor today. These include the variety of pending order types (buy limit, buy stop, sell limit, sell stop, buy stop limit, sell stop limit); a database that holds an unlimited number of trade positions that can be placed and the cutting-edge programming language MQL5 that allows traders to program their own trading robots and indicators customized to their individual trading preferences and choice of financial assets to trade on.
Mobile trading on MT5
The MT5 suite comes with apps for both ios and android devices that offer full access to your account while on the go, with features including the unrivalled mobile chart plus technical analysis options with over 30 built-in indicators and 24 analytical objects.
© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions
Legal: this website is operated by trading point of financial instruments limited, registration number HE251334, with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.
Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please consider our risk disclosure.
Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
For more information please read our cookie policy.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
Read more, or change your cookie settings.
Your cookie settings
What are cookies?
Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.
Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.
We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.
Why are cookies useful?
We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.
Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.
In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.
Here is an overview of some of the functions our cookies provide us with:
- Verifying your identity and detecting the country you are currently visiting from
- Checking browser type and device
- Tracking which site the user was referred from
- Allowing third parties to customize content accordingly
This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.
XM review
Introduction to XM
XM, also known as XM global, is one of the most popular metatrader forex brokers in the world. Traders throughout europe, asia, africa and latin america are familiar with the name XM. The company has a great reputation for providing excellent customer support in multiple languages.
Besides being a reliable broker to trade with, XM has a strong reputation for spearheading many early innovations in the forex industry. The company is an extraordinary illustration of what a retail forex broker should be. XM was founded in cyprus in 2009. Initially, the company was known as xemarkets but eventually rebranded to the much shorter and catchier XM. The company’s legal name, however, is trading point of financial instruments limited.
Among the hundreds of other cyprus forex brokers launched at the start of the century, XM emerged as a global brand with offices and clients worldwide. Today, XM has various businesses that are licensed, regulated and authorised by some of the most well-recognised authorities.
In this review of XM, we will examine the reasons why more than 3.5 million traders trust XM to provide them access to the foreign exchange market and other global markets.
XM overview
- Metatrader platforms. With XM, you can trade on either metatrader 4 or metatrader 5 platforms on a variety of screens and devices.
- Education and tools. On the XM website, you can discover endless amounts of learning materials to help master the financial markets.
- Low minimum deposit. $5 is all you need to start trading with this broker.
Start trading with XM
XM company profile
XM is an online forex and CFD trading broker originating from cyprus and is therefore governed by european laws. The company launched in 2009 offering the metatrader 4 platform, which at the time was only just on its way to becoming the go-to choice of trading platform for traders and brokers. Since then, XM has been introducing new products, features and platforms to help their clients get better access to the market. In 2010, they introduced a web trading platform; then in 2011, mobile trading was introduced.
The company employs more than 450 people worldwide and provides customer support in over thirty different languages. XM is well known for putting an emphasis on forging in-person relationships with clients, which is a refreshing action to see an online company take. The management team has travelled to over 120 cities to meet clients and host exclusive events. Sadly, that virtue has been sidelined due to COVID-19 travel restrictions.
Over the years, XM has received many high-profile industry awards which validate the company’s ability to deliver a high level of customer support and reliability of services provided to forex traders. The awards received by XM cover all aspects of their business, including most transparent broker, best forex execution and best market research and education and the list goes on.
XM regulation
XM is a brand name that is shared by various related sister companies. It is not unusual for large international forex brokers to operate as several different companies which are regulated in other jurisdictions. Brokers structure their companies this way in order to serve clients from different parts of the world. Although the rules vary from country to country, it’s common for brokers to be regulated or at least registered in each of the countries they operate.
As XM has a strong global presence with clients from 196 different countries, six regulated investment firms are trading under the XM brand, but technically, they are all XM.
Legal entity | regulator | license/registration no. |
Trading point of financial instruments limited | cyprus securities and exchange commission (cysec) | licence no. 120/10 |
XM global limited | belize international financial services commission (IFSC) | license no. 000261/106n |
tradexfin limited | seychelles financial services authority (FSA) | license no. SD010 |
trading point of financial instruments pty ltd | australian securities and investments commission (ASIC) | AFSL license no. 443670 |
trading point of financial instruments UK limited | financial conduct authority (FCA) | reference no. 705428 |
trading point MENA limited | dubai financial services authority (DFSA) | F003484 |
XM trading platforms
A lot of forex brokers which are of the same calibre as XM, go down the route of developing their own custom trading platforms, as plus500 did for example. However, XM stands strong with the metatrader 4 & 5 platforms and the company’s entire product offering orbits around those two platforms, which are undoubtedly the two most popular trading platforms.
XM metatrader 4
Metatrader 4 was first released in 2005 and is to this day still used by millions of traders from all around the world. MT4 is the flagship trading platform of the forex industry, and thousands of brokers provide it.
Metatrader 4 on the left. Metatrader 5 on the right.
Metatrader 4 has excellent charting capabilities with many built-in technical analysis indicators and drawing objects for annotating on the graphs. Many traders are also attracted to MT4 due to the significant automated trading community. The MT4 platform is largely the same regardless of which broker you trade with. We recommend reading our beginners guide to metatrader 4.
XM metatrader 5
As you may have guessed, metatrader 5 is an upgrade of MT4. MT5 was first released to the market in 2010, but due to the overwhelming popularity MT4 already had, it was hard to convince traders or brokers to switch. It took years of development on the platform for it to reach a level that would compel anyone to consider using it. Even now, many traders don’t feel there are many differences between metatrader 4 and metatrader 5.
Xm trade
XM trading platform review was conducted by the team of our professional forex experts for those who want to invest with XM.Com trading platform. Formerly founded in 2009 as trading point of financial instruments ltd, it is a regulated forex broker in the republic of cyprus. The company was originally established by a group of interbank traders who required to recover the level of services in the forex trading communal. Through XM, traders now have access to the cfds, commodities and forex marketplaces.
Featured site
One of the foremost advantages of trade with XM is the information that the company is founded in cyprus, a member nation of the eurozone. This mean it meets the lowest fiduciary standard essential of a financial service provider working in the eurozone. By the way, it is also registered with the UK’s financial services authority (FSA) and federal financial supervisory authority of germany (bafin) thus giving extra protection to traders.
XM forex trading platforms
Maximum forex brokers offer an industry-leading platform such as MT4 and combine this with a good mobile app. It provides 9 platforms, five of which are keen to desktop computers and 4 that are keen to mobile traders. They really do not leftover any chance to live up to the right of “valuing trading competence” and provide for traders of all levels and necessities. These stages are below defined in brief detail.
XM MT4 download
This is XM’s version of the commerce-leading mt4 platform. It is extremely configurable and effortlessly suited to both novice and expert traders alike. It provides a live news feed and a wide technical analysis abilities. The MT4 platform also joins one click trading along with their manual trading feature, and even permits you to setup eas to mechanically place trades for you. Actually, there are a sum of add-ons and applications that will assistance you trade and progress your approaches. Trade cfds, futures and forex with no requotes and no refusals on this platform.
MT4 multiterminal
The multiterminal platform is mainly intended for money managers or traders who use manifold accounts and perform multiple order types instantaneously. Several of the features of MT4 are presented, but eas are not permissible as the terminal is planned for managing numerous accounts simply. Multiterminal doesn’t offer tech study either, but it does provide financial news and system signals in real-time, accompanied by numerous execution models intended to meet the necessities of those who essential to manage numerous accounts.
Mac MT4
This is a mac friendly version of the extremely popular metatrader4 platform. This version of the platform comprises all of the functionality and features defined above, but permits traders to usage the platform on apple computers without the essential to run a parallel windows emulator or windows desktop.
XM.Com MAM
As revealed previous, it look like to be the “one broker for all” as they offer a huge number of explanations. If you are an account or portfolio manager, or you are attentive in managing numerous accounts with the comprehensive features of metatrader4, this is the platform for you. Unlike MT4 multiterminal, XM MAM permits automated trading with eas and offer the technical analysis and charts you’d expect from metatrader4. There is so much more to this platform as it even permits numerous account pockets to manage numerous MT4 trading accounts through one main account. If this sounds right to your necessities, we endorse you speak with the support team to completely understand the functionality and features available here.
Webtrader
This is online trading platform. It is well-matched with mac, PC and any other apparatus accomplished of running a browser. No download is essential. Just open the platform from XM.Com in your browser and increase complete access to your trading accounts instantly. Traders can take benefit of a number of tools to increase their trading skills and trade with no rejections and no requotes. Like the metatrader4 platform, the webtrader 4 platform offers one-click trading, market analysis, an economic calendar and streaming news. It’s influential, capable and flexible. It comes extremely optional.
Ipad trader
XM brings MT4 to all ipad users by their ipad trader platform. It offers admittance to your metatrader4 account and presents actual interactive charts with scroll and zoom functionality. It also delivers real-time estimates of financial instruments, a complete set of trading tools and a comprehensive trading history, confirming that traders can examine their progress precisely. Unlike certain apps, this is far from an extra and really does provide an imaginary remote trading knowledge.
Iphone trader (IOS), mobile trader (windows mobile), droid trader (android) – mobile operators are not left imperfect as XM provide a mobile solution for all main smartphones. Their mobile platforms provide exceptional trading suppleness by bringing you a mounted down version of MT4 to your fingertips. They all provide direct access to your account and offer actual quotes of financial tools. The platforms also offer a complete set of trade orders comprising pending orders, 30 technical indicators, trade history, and the aptitude to trade straight from charts.
XM trading review 2020
Michael graw PRO INVESTOR
XM is a well-established broker for forex and CFD trading in the UK. This broker offers nearly 60 currency pairs and more than 1,000 cfds, plus commission-free account options. What especially stands out about XM is that it gives traders access to the full metatrader software suite, which enables you to use automated trading, forex signals, and more.
So, is XM trading the best UK broker for you? In our XM trading review, we’ll take a closer look at this broker to highlight what you can trade, how the trading platform works, and whether XM can match up against competitors like etoro.
What is XM trading UK?
XM is a global forex and CFD broker founded in 2009. The broker is owned by trading point holding, which also owns trading.Com. XM trading is fully available in the UK, and the broker boasts more than 2.5 million clients in 196 countries around the world.
XM trading offers a comprehensive platform with a huge variety of assets to trade. In addition to offering dozens of currency pairs for forex trading, XM has over 1,000 stock, commodity, cryptocurrency, and index cfds. The broker is also dedicated to offering exceptional service, which has helped it build a loyal following among UK traders over the past decade.
XM trading assets
XM offers UK traders access to an incredibly wide range of assets. Let’s take a closer look at all the markets you can do with this broker.
Forex
XM has built its brokerage first and foremost around forex trading and it has earned a reputation as one of the top UK forex brokers. The trading platform currently offers 57 currency pairs with leverage up to 30:1. XM also has several different account types, which we’ll discuss in more detail below, that vary the size of a forex lot and your fees for forex trading.
Stocks and indices
Although XM was founded for forex trading, it’s made huge headway as a stock broker as well. You can trade any of 1,240 stock cfds (contracts for difference) at leverage up to 20:1. The diversity of stocks is very large, as XM allows trading for companies from the US, UK, europe, canada, brazil, and russia. Notably there are no stock cfds to trade from japan, hong kong, or china.
If you want exposure to markets in these countries, though, you can trade 28 different stock index cfds. XM doesn’t offer ETF trading at this time.
Commodities
XM doesn’t have the widest selection of cfds for commodity trading, although all of the most popular commodities are available. For instance, the broker’s 15 cfds allow oil trading for brent and WTI crude, gold trading, and futures trading for a variety of soft commodities like cocoa and wheat.
Cryptocurrency
One thing that UK traders will want to be aware of is that XM does not offer any cryptocurrency trading. This is a major disadvantage for trading with XM in the UK, since nearly all of its major competitors offer cfds for the most popular digital coins.
XM trading account types
XM has three different account types for forex trading: micro, standard, and zero. Which trading account you choose will affect the lot size for forex trades, your fees for forex trading, and what currency you can use for your account.
The micro account is a commission-free account that treats one lot as 1,000 forex future contracts. It’s ideal for beginner and intermediate forex traders who would rather pay spreads than fixed commissions and how want to trade relatively small amounts of money.
The standard account is almost identical to the micro account, except that one lot is equivalent to 100,000 forex contracts. So, it is best if you want to trade larger volumes. Both the micro and standard accounts support 11 different base currencies and have a minimum deposit requirement of just £5.
The zero account reduces spreads for forex trading to as low as zero pips, but introduces fixed trade commissions of $3.50 per lot. The zero account only supports USD, EUR, and JPY as base currencies and requires a $100 minimum deposit. So, expect to pay some additional currency conversion fees when using this account type.
XM trading spreads
Spreads for forex trading and CFD trading at XM are incredibly low, which is one of the biggest reasons that this brokerage is so popular in the UK. XM charges just 1.7 pips for trading the EUR/USD forex pair during peak market hours, which is well below the industry average. At its lowest, the spread can drop to 1.0 pips.
Note that if you have a zero account, the spread can be even lower. During peak market hours, some major forex pairs can have no spread at all.
CFD trading is commission-free, but spreads can vary widely depending on what assets you are trading. Generally, the spreads are much lower than the industry average. For example, XM charges a spread of 0.7 pips for the popular S&P 500 index CFD, compared to an average of over 1 pip at many other UK brokers.
XM trading fees
All XM trading in the UK is 100% commission-free, with the exception of forex trading if you sign up for a zero account. In that specific case, you will pay reduced spreads but a fixed commission of $3.50 per lot with a zero account.
Importantly, XM is relatively light on account fees. You won’t pay a deposit or withdrawal fee at this brokerage, and there is no monthly fee simply for having an account. XM does charge a withdrawal fee, but it’s just £15 after one year of inactivity and £5 per month for every additional month of inactivity.
It also helps that XM supports 11 different base currencies, including GBP. This reduces the amount that you’re likely to spend on currency conversion fees.
XM trading minimum deposit
Micro and standard accounted require a minimum deposit of just $5, while zero accounts have a $100 minimum.
XM trading platform
XM doesn’t offer its own proprietary trading platform. Instead, it gives traders access to the widely used and hugely popular metatrader 4 and metatrader 5 software packages.
The two versions of metatrader are similar in many ways, except that metatrader 4 only supports forex trading. Metatrader 5 supports forex and CFD trading for stocks, indices, commodities, and cryptocurrencies. Both metatrader 4 and 5 are available on your computer as well as through mobile trading apps for ios and android.
The metatrader software comes with a steep learning curve, especially for first-time traders. The layout of the software is somewhat confusing, and it can be difficult to search for specific assets. The main way to find assets is to navigate through a drop-down folder structure, which isn’t all that efficient.
Once you get a handle on the platform, however, it becomes clear why XM relies on metatrader. Metatrader 5 comes with more than 80 built-in technical studies and dozens of drawing tools to help you analyze price movements. In addition, you can easily build your own custom indicators using the software’s purpose-built coding language.
The platform’s charts are exceptionally flexible, too. You can easily switch between candlestick and other types of charts, such as heikin-ashi charts. Metatrader 4 also supports tick-level price data as well, so you can see what the market is doing in real time.
Importantly, metatrader 4 and 5 each support forex signals and forex robots. You can create these using any of metatrader’s built-in indicators or by creating your own custom technical indicators. The software also provides all the tools you need to backtest a strategy to make sure that your signals will work as expected. You can access up to 10 years’ worth of historical price data for any currency pair that XM supports and see how your forex signal or robot would have triggered under past conditions.
XM trading MT4
Why use metatrader 4 for XM trading in the UK as opposed to metatrader 5? Metatrader 5 isn’t simply a newer version of metatrader 4 – there are some important differences between them.
The most relevant to UK traders is that metatrader 4 primarily supports forex trading and only has charts and data for a limited range of cfds. Metatrader 5 has much more support for CFD trading, so it’s the better choice if you plan to trade stocks or commodities with XM.
Another thing worth noting is that metatrader 4 allows you to manage trades individually rather than in aggregate for an asset. This means, for example, that if you have three long positions for the EUR/USD forex pair, you can modify or close each specific position – they are not aggregated into one large position as they would be in metatrader 5. This can be important for more complex trading strategies.
Keep in mind that if you want to use both metatrader 4 and metatrader 5 with XM, you can. XM allows you to open multiple accounts, and you get to decide which trading platform you want to use for each.
XM trading tools
While XM doesn’t offer its own trading platform, it does have a huge variety of tools to help you make trading decisions. To start, the broker offers all the feeds you would expect from a top-tier broker. There’s a news feed that covers global forex, stock, and commodity headlines along with an economic calendar. Both can be filtered by the market that headlines or events are expected to impact.
XM also gives you access to technical research from its in-house analysts. These are typically focused on major and minor forex pairs, and take a closer look at the day’s price charts to identify potential trends or support and resistance levels. XM typically releases several technical analysis posts daily, which can be quite helpful for forex traders looking for a leg up on the market.
Even better, the brokerage offers daily trade ideas that cover the forex, stock, and commodity markets. Most of these are sourced using autochartist, an automated technical analysis software that identifies price patterns. One thing that’s especially nice about these trade ideas is that they come with quality scores and well-defined price targets.
One other critical tool that’s worth highlighting is XM’s technical indicators for metatrader 4 and 5. There are more than 20 custom-built indicators that aren’t standard for these software packages. Better yet, these indicators can easily be incorporated into your trading strategy as forex signals.
Is XM trading legit?
XM trading has been around for more than a decade and is under the authority of some of the most highly respected financial authorities in the world. In the UK, XM is governed by the australian securities and exchange commission. All UK trading accounts are protected by the UK’s financial services compensation scheme in the event that the broker runs into financial trouble.
Another benefit to XM trading is that the broker provides negative balance protection. So, even when you’re trading with leverage, you cannot lose more money than you deposit into your account.
How to use XM trading
Ready to get started with XM trading in the UK? We’ll walk you through how to set up an account and place your first trade with this broker.
Step 1: create an XM trading account
To create an XM trading account, head to the broker’s website and click ‘open an account’ from the menu. You will need to enter personal information like your name, email, and phone number. Then choose what type of trading account you want to open and whether you want access to the metatrader 4 or metatrader 5 platform.
XM requires that you verify your identity in order to comply with government regulations. To complete your registration, upload a copy of your driver’s license or passport.
Step 2: fund your XM trading account
Log into your new XM trading account, navigate to the member’s area, and select ‘deposits/withdrawals.’ you can choose to deposit funds to XM by credit or debit card, e-wallet, bank transfer, or wire transfer. Keep in mind that the minimum deposit for micro and standard accounts is £5, while the minimum deposit for zero accounts is £100.
Step 3: place your first trade
Now you’re ready to place your first trade with XM. You’ll need to do this through the metatrader trading software rather than through your online XM account.
In metatrader, use the ‘symbols’ menu to find a forex pair or CFD to trade. You can browse by asset type or search for an asset by name. Click on the asset to open a chart, then click ‘new order’ to open a new order form.
In the order form, you can select the parameters for your trade like when it should be executed and how much money you want to trade. You can also set a stop loss or take profit level in accordance with your trading strategy. When you’re ready, click ‘buy’ or ‘sell’ to open your first trade with XM.
XM trading pros & cons
wide variety of forex pairs and stock cfds multiple account types for forex trading very low spreads, especially for cfds includes metatrader 4 and metatrader 5 platforms supports custom indicators and forex signals very few account fees
no ETF or cryptocurrency trading doesn’t support social trading metatrader has a steep learning curve for beginners
XM trading vs etoro
Our XM trading review found that this broker offers low spreads, a wide variety of assets, and a capable trading platform. But how does XM stack up against one of the best forex and CFD brokers in the UK – etoro?
Etoro trading edges out XM when it comes to what assets you can trade. While etoro doesn’t have as many exotic forex pairs, the broker offers more than 450 etfs and CFD trading for more than a dozen top cryptocurrencies. It’s also worth noting that you can buy etoro’s more than 800 global shares outright or through cfds depending on your trading goals.
We also found that etoro has slightly lower fees for many assets compared to XM. Etoro’s spreads for major forex pairs like the EUR/USD is just 0.7 pips with a standard account, compared to 1.6 pips at XM. Etoro also keeps its spreads for stock cfds well below the industry average, and all trades – including outright stock and ETF trades – are 100% commission-free.
XM’s trading platform is somewhat more technical than etoro’s, which can be helpful for more advanced traders. For instance, etoro’s charting software doesn’t support backtesting or custom indicators. However, etoro’s trading platform is easier to use, especially for beginners, and the broker has a massive social trading network. This is a major advantage because it enables you to interact with other traders and quickly gauge traders’ sentiments about any asset.
Overall, we think etoro is a better choice than XM for most UK traders. It boasts more tradable assets, lower fees, and a highly versatile trading platform with a built-in social network.
£15 inactivity fee after 12 months
£10 inactivity fee after 12 months
Conclusion
Our XM trader review found that this broker offers powerful trading tools that help it stand out for UK traders. The metatrader 4 and 5 software platforms can be hard to get started with, but they allow you to create custom indicators, backtest a new strategy, or apply forex signals to improve your trading. Even better, XM has its own library of forex signals that you can copy or modify to jumpstart your account.
We liked that XM generally offers low fees, particularly for stock and index cfds. The selection of forex pairs and stock cfds is also very nice, although it’s noteworthy that XM doesn’t offer any ETF trading or cryptocurrency trading. This can be a major blow for UK traders who want to trade a wider variety of asset classes.
On the whole, we would recommend etoro over XM for the majority of UK traders. Etoro beats XM when it comes to the variety of assets you can trade and the spreads for CFD trading. Plus, etoro’s capable trading platform comes with a massive social trading network to help you get an edge on the market.
Ready to get started with etoro? Click the link below to sign up for an account today!
Etoro – best UK trading platform with 0% commission
Can I open a demo account at XM?
Yes, XM allows you to open a demo account for free. Demo accounts never expire, but the account activity will reset after 90 days of inactivity.
Does XM support islamic trading accounts?
Yes, XM allows you to open an islamic or halal account with its micro or standard account types.
Does XM allow me to open more than one trading account?
You can open up to eight trading accounts with XM. They can each be a different type so you can take advantage of different lot sizes and fee structures. You don’t need to verify your identity again when creating an additional account.
Is there a sign-up bonus when I make my first deposit at XM?
XM does not offer a cash bonus when you make your first deposit. However, you can get a free virtual private server (VPS) with your account to increase the speed of your trade execution.
Does XM support forex options trading?
XM does not allow options trading of any kind, including forex options or binary options.
7 REASONS TO TRADE AT XM. XM REVIEW 2021
Having tried out tons of different brokers over my years of trading, I find that none of them is even close to XM in terms of services and trading conditions. It’s actually quite surprising that not that much traders know how great XM services and trading conditions are. That is why today I will be writing this article to give you a throughout XM review – one of the best forex brokers of 2021.
Founded in 2009, XM now has over 1,500,000 clients from 196 countries which is an impressive enough number for us to trust. XM has also personally visited over 120 countries to meet with their clients and partners and hosted hundreds of seminars around the world to educate traders, enabling them to make better trading decisions. Below, I’m going to review XM based on many different criteria such as regulations, trading conditions and trading costs, trading platform , paying system and types of accounts.
Regulations of XM review
Regulation, commonly, is one of the most important things in forex market, which could indicate how reliable a broker is. Moreover, it is not easy to obtain a license of the regulation. Therefore, the brokers having the license are often trustworthy and reliable.
There are now still discussions on regulations between US&UK brokers and other brokers in the forex market. Most traders have chosen US&UK regulated brokers because they believe in US/UK financial management system. As a result, US and UK regulations are considered very good. Brokers which can acquire one of these regulations often have the best trading platforms, techniques, financial health and management systems… accordingly, XM broker is one of the best regulated brokers as it has a regulation from UK, which is FCA . It also obtains cysec from cyprus, ASIC from australia and FSB from south africa in order to serve the traders in these areas. With these regulations, XM is the most reliable broker which could protect traders in many countries from all over the world. Therefore, I can say that you can trust XM.
CLICK TO SEE XM REGULATIONS.
Trading costs and trading benefits of XM review
Trading cost
Cost of transactions is one of the most considerations of traders while joining into the forex market. Apparently, traders often prefer the brokers which have reasonable and low cost of transactions, especially scalpers who have many transactions at a time.
Accordingly, XM has the low spreads like FXCM and forex.Com, US and UK brokers. The spread is 1.7 pip for a EUR/USD for trading regular accounts. And 6$ commission for trading ECN account (other brokers charge around $7 for trading ECN account). Moreover, XM has the loyalty program. It will rebate an amount of money to your account automatically when you finish a lot/transaction. The rebated amount depends on your trading currencies, account types and trading time. This program is mostly preferred by the professional traders as it could minimize the transaction cost effectively.
Trading benefits
In forex system, XM lots back $3 (0.3 pip) to 10$ (1 pip) for each completed transaction and the rebated amount will increase by time for each trading lot. After the lot-back bonus, cost of transactions is now lower than FXCM and forex.Com brokers and spreads are decreased down to only 1 to 1.4 pips.
Moreover, XM also has the deposit bonus, which allows you to get money depending on how much you deposit it. This deposit bonus program can reduce your trading costs even more. You can get up to $5000 from their deposit bonus program, with the maximum deposit rate being 100%.
In short, it can be said that the original spread and commission are similar with other brokers. However, in fact, the actual cost is much lower after many completed transactions thanks to the lot-back bonuses and the deposit bonus. And there you have it, a broker with high-quality regulation (UK) yet has low transaction cost.
CLICK TO SEE XM SPREADS.
XM markets is one of the best in europe
According to finance magnates, brokers now have to compete with each other to build a good percentage of customers with good profit/loss ratio to support marketing and advertisement. To do this, brokers must provide many good resources for customers, while improving customer training. Brokers who use tricks to market, attract new customers, ignorant customers . Are currently having difficulty operating in europe because of the new ESMA law. Based on a survey conducted by finance magnates, XM markets is currently in the top 5 brokers with most profited customers in europe. Clients of XM markets lose money less than hundreds of other brokers in the world and they certainly make more profits.
Trading platforms of XM review
XM has the best up-to-date trading platform with automatic transfer system. Their trading platform can be used either on PC, smartphone or tablet and still doesn’t lose it performance. Personally, I find XM trading platform to be generally great with nothing to be complaining about. XM simply offers you all the tools that you’d need in order to make profits.
Payment system of XM review
In common, traders are usually not concerned about the payment system. This is a rookie mistake but understandable. They can only realize the importance of the payment system when they start depositing or withdrawing their win money. Most trusted forex brokers are overseas so when they transfer money, it can cost you some money to transfer. Some countries are very strict in order to transfer money over sea. It's even illegal to transfer money to forex brokers. Some payment methods are costly. In asia, if you make payment over sea by credit card, they will charge you around 1.7 - 4% in total. So, that why traders must choose brokers which have local payment methods to save deposit/withdrawal cost.
A good payment system will be really helpful for traders and it should be fast, free, and unlimited. These standards below are also the most common of the good payment systems:
- Fast deposit and withdrawal
- Local payment supported
- Low or even free-of-charge fee for deposit or withdrawal
- High minimum withdrawal limitations
It could be said in person that XM broker has the best payment system in asian countries such as china, thailand, indonesia. They allow traders to deposit through many free different international payment methods like: credit/debit cards, neteller, skrill, webmoney, perfectmoney, bitcoin, alipay, nganluong wallet. They have local banks such as: bank central asia, bank mandiri, bank negara indonesia, bank CIMB NIAGA, bank rakyat (indonesia), bangkok bank, bank of ayudhya, kasikorn bank, krung thai bank, siam commercial bank, kbank mobile banking (thailand).
Customer support of XM review
BRKV - needless to say, customer support is among one of the most important criteria for choosing a broker. It is obvious that the field of forex is very complicated, so traders will need as much help as possible. From my experience, there is nothing to complain about XM’s customer services since it’s been a smooth journey for me with no technical errors or any discomfort. If your native language isn’t english, it shouldn’t really be a problem for you as XM offers supports for well over 30 languages. Languages such as thai, chinese, indonesian, vietnamese, etc. Are always supported 24/7 and those countries also have local banking supports as well.
CLICK HERE XM OFFICES.
Account types of XM review
There are currently 3 account types offered by XM: micro, standard and zero, each designed to different trading needs. Micro account is always popular among new traders and beginners. Standard account is more suitable for regular uses and zero account is specifically for experts only.
XM micro account
The micro account is suitable for beginners with commission-free and the low spread . The minimum deposit is just $5, but the leverage is up to 1:888, which is relatively high. All accounts allow 200 orders at a time, and pending positions are included, with the negative balance protection from XM.
Check XM micro account here.
XM standard account
The standard account is for the experienced traders. The condition is similar to the micro account, but there are still notable differences: the offered contract size is a hundred time bigger - 100,000 for 1 lot. The minimum trading lots are equal for both MT platforms, and the lot restriction per ticket is 50 - a half compared to the micro account.
Check XM standard account here.
XM ultra low account
XM’s newest account, the ultra low account, is the total game changer. It offers trader the lowest spreads ever in XM (which is 0.7 pip) and even no commission. The base currency options are EUR, USD, GBP, AUD, ZAR, and SGD. You can choose the contract size as both micro and standard account. The highest leverage is 1:888.
Check XM ultra low account here.
There is also the XM islamic account for clients who follow the muslim faith. They are the free-swap type of account for islam traders.
Check XM islamic account here.
XM trading assets
Sometimes, people don't just trade currency pairs. When the market is too volatile because of big news or important events, you shouldn't trade forex. As a result, traders will look for other trading assets. A good forex broker must be able to provide a wide range of trading products for their clients. Let's take a look at all trading assets of XM:
- 50+ currency pairs
- Stock cfds
- Commodities such as cocoa, coffee, soy beans, or wheat.
- Equity indices
- Precious metals: gold and silver
- Energies
- Shares
XM trading advices
All in all, it’s in my opinion that XM is a great broker that should be recognized more. At first, their trading conditions seem to be just as good as the other US/UK brokers. But they also offer many different and beneficial bonus programs to help you reduce your trading costs. Together with other great features, they are surely one of the top best forex brokers . Moreover, XM has been around the forex market since 2009 and still, they haven’t got caught up in any shady business rumors. Their customers are always satisfied with their services and trading conditions and have no reason to ever leave their service. I myself am a long-time customer of XM as well so I can safely say that you can’t really go wrong trading with XM. In case any of you are still confused, I have a little advice below that are based on my experiences and time with XM broker:
- Micro account is a great trading environment if you want to learn more about the forex market.
- Cryptocurrency trading conditions are the best. Take advantage of it.
- XM should support payments via your local bank so if your local bank is supported, you should always utilize it since it doesn’t cost any fee.
- Day time spread in XM is always lower than night time’s spread. Thus, trading in daytime seems like a more sensible decision.
XM trading experience
Having traded forex for 5 years now and 2 years of that with XM, I think I would like to share my XM trading experience. XM is a great broker. It is certainly reliable, just as I mentioned before. What I find most wonderful about XM is that they have really low prices. With the ultra low account, you can easily cut down your trading cost and keep your trades cheap. Moreover, XM hostes great educational seminars. I attended some, actually. They can help you so much in forex trading.
Fanara filippo
Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.
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South asian airlines are about to launch blockhain payment
so, let's see, what we have: xm trading platform free download. Business software downloads - XM MT4 by metaquotes software corp. And many more programs are available for instant and free download. At xm trade
Contents of the article
- No deposit forex bonuses
- Xm trading platform free download
- Programs for query ″xm trading platform free...
- XM MT5
- Passion audio player
- Bentley autopipe XM
- XM easy personal FTP server
- Xmplayer
- XM tuner
- WPN-XM
- Timetrax
- XM direct
- Lifeamp
- Trading account types
- XM CY trading account types
- Micro account
- Standard account
- XM zero accounts
- What is a forex trading account?
- What is a multi-asset trading account?
- Who should choose MT4?
- Who should choose MT5?
- What is the main difference between MT4 trading...
- Can I hold multiple trading accounts?
- How to manage your trading accounts?
- This website uses cookies
- This website uses cookies
- Your cookie settings
- Members area access
- New to XM?
- Metatrader 5 (MT5)
- Why XM MT5 is better?
- XM MT5 - 1 platform, 6 asset classes
- How can I gain access to the MT5 platform?
- Can I use my MT4 account ID to access MT5?
- How do I get my MT5 account validated?
- Can I trade stock cfds with my existing MT4...
- What instruments can I trade on MT5?
- Multi-asset trading on MT5
- Advantages of MT5 in online trading
- Mobile trading on MT5
- XM review
- Introduction to XM
- XM overview
- XM company profile
- XM regulation
- XM trading platforms
- Xm trade
- Featured site
- XM forex trading platforms
- XM MT4 download
- XM.Com MAM
- Webtrader
- XM trading review 2020
- What is XM trading UK?
- XM trading assets
- XM trading account types
- XM trading spreads
- XM trading fees
- XM trading minimum deposit
- XM trading platform
- XM trading tools
- Is XM trading legit?
- How to use XM trading
- Step 1: create an XM trading account
- Step 2: fund your XM trading account
- Step 3: place your first trade
- XM trading pros & cons
- XM trading vs etoro
- Conclusion
- Etoro – best UK trading platform with 0%...
- Can I open a demo account at XM?
- Does XM support islamic trading accounts?
- Does XM allow me to open more than one trading...
- Is there a sign-up bonus when I make my first...
- Does XM support forex options trading?
- 7 REASONS TO TRADE AT XM. XM REVIEW 2021
- Regulations of XM review
- Trading costs and trading benefits of XM...
- Trading platforms of XM review
- Payment system of XM review
- Customer support of XM review
- Account types of XM review
- XM trading assets
- XM trading advices
- XM trading experience
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