XM is a part of the XM group, a part of the Trading Point of Financial Instruments UK Ltd. It was established in 2009. It managed to become one of the biggest trading firms in the industry. XM has over 1.5 million clients from 196 countries. They pride themselves on being fair, understanding, and significant. They provide many elements that have become useful to traders.
Trading Conditions at XM
It has been a decade since XM has been in the industry. They are experienced enough. Hence, they have the right tools to provide to their traders. They offer over 1000 trading instruments, average spreads as low as 0.6 pips, leverage of up to 1:888, and very generous bonuses. Something not easier to find otherwise.
The leverage varies upon the deposit, availability of funds on the account, and the trading size. See the list below:
1:1 to 1:888 for $5-20,000
1:1 to 1:200 for $20,001-100,000
And 1:1 to 1:100 for $100,001 and more
THE ELEMENTS OF TRADING OFFERED AT XM
XM offers over 55 currencies to trade. They have major, minor, and some exotic currency pairs. XM also offers five cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. Their CFDs are vast, offering over 940 options such as precious metals, oils, stocks, and more.
XM provides a wide range of trading possibilities; you can choose your leverage. But remember, influence only lowers with large amounts of deposits. Thus, higher power involves much higher risk. At XM, we’re always concerned about our customers and make sure they don’t lose too much money at once.
55 Currencies are offered by Xm to trade. They have some exotic, minor, and major pairs too. XM is also offering five cryptocurrencies, including Ethereum, Litecoin, and Bitcoin, and offering over 940 options such as precious metals, stocks, oils, and more. Their CFDs are vast.
MX website is convenient; easily, any information can be looked upon it. The website is also available in various languages. The languages include Vietnamese, Portuguese, Korean, Spanish, Arab, Polish, German, Italian, French, Indonesian, Russian, Greek, Chinese, Malaysian, English, and more.
Multiple awards have been won by the Xm service of customers proving its worth again. They are providing help in fourteen languages. One can email or telephone if they want to get in touch with customer support. They are available during the forex trading days 24 hours. One can find the live chat option too in the menu. As it does not pop up on the homepage, once you click the tab, the chat will pop at the window’s end.
Bottom line – regulations and safety
Also, XM has regulations and high security, of course. XM is considered to be a trustworthy
broker. One of the most important aspects is the safety of funds. Thus, XM provides that aspect: the highest amount of security possible. If you want to develop your knowledge with educational materials’ help, then XM is the right choice for you. Good luck!