Visit Broker Risk Warning: Your capital may be at risk. Visit XM Risk Warning: XM specializes in creating an environment online that can be used for online trading for forex, futures, and CFDs. It advertises that it will not have any re-quotes, will not reject any trades, and will execute all trades. It was founded in Account Types There are three different types of accounts that are offered by XM.
They are very similar to one another, offering the same number of currencies, the precise same leverage, spreads on majors, maximum number of pending orders, and commission fees, which are none. The only differences is that the Micro account has lot restrictions per ticket, while the Standard and Executive accounts have 50 lot restrictions per ticket. The Micro account also has a contract size of 1,, whereas the Standard and Executive accounts have a contract size of , It offers a web application, as well as a mobile application that allows traders to continue to trade even while on-the-go.
There is no monthly fee to pay for using this trader. Instead, the monthly fee is paid for the account that is created by XM.
There are demo accounts available with MetaTrader 4. This trading software offers enough tutorials and help packages for beginners, as well as enough options to satisfy those who are considered to be advanced and expert traders. It has charts, indicators, and studies that are fully integrated with the platform, but does not offer live support or news integration. It allows stop order to be made, as well as market orders and trailing stops.
The trading types that MarketTrader 4 supports are swing trading, mid term trading, day trading, and long term trading. Finally, it is possible to build both proprietary indicators and systems on MarketTrader 4.
It is possible to use multiple credit cards to make deposits, electronic payments for withdrawals and deposits, bank wire transfers, and local bank transfers. In order to make a withdrawal, the trading account needs to be validated as a security precaution.
It is also possible to transfer funds from one account that is used for trading to another account that is used for trading. Customer Support XM offers comprehensive customer support. There are many different tutorials that those who are new to trading can utilize in order to get into the game. They also have customer helplines that can be called if a customer has a question.
The only problem is that there is no live support offered with the trading platform. Leverage Leverage, or the multiplication of an account, is present at XM. The maximum leverage is It is the same for all accounts. These bonuses do not stop after a person has joined and has been trading for an extended period of time.
Your capital is at risk. The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement. Company was established to provide global traders a deep and insightful source of information on forex trading, its key strategies and indicators.
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We list the world's top regulated and authorised brokers suitable for a global audience. We aim to think global, act local with our website, so that whether you're in Asia, Europe or Africa you can gain from our content on the world's biggest market. Skip to main content. Is the Bonus Based on the Volume of the Transaction? Compare Plus vs XM. Compare eToro vs XM. Compare 24option vs XM. Compare InstaForex vs XM. Compare Easy Markets vs XM.
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