Security of funds
THE XM TRADING PLATFORM
It provides Metatrader, a well-known trading platform in versions 4 and 5. We believe that for private traders around the world there is no better trading platform as it offers many common options. The features of the trading platform are flexibility and user-friendliness.
With MetaTrader you can adapt your trading to any trading style. The platform can be customized and even programmed. Whether it is a long term or short term trade, Metatrader always provides the correct parameters. Robots or automation programs can also be used with this program.
Of course, mapping and analysis are very important for successful traders. Traders usually need access to external programs. For XM this is not necessary, as Metatrader provides very important mapping and analysis options. Choose from more than 4 different types of charts in the software.
You can define each delay (unit of time) of the graph for analysis. The software also provides appropriate tools. You can add free indicators at any time. Many drawing tools are also available. If this is not enough, you can program the indicator yourself or plug it in.
Another advantage of this software is that it can be used on all devices. Metatrader can also be used on Apple (iOS) and Android devices. Today’s mobile trading is a standard requirement of trading procedures, as it is very important to be able to respond to internal messages. You can use your smartphone to open, manage or close positions. In addition, all you need is access to each device. With your account details, you can log in anywhere.
Choose the type of account that suits you
XM offers the advantages of 3 different types of accounts. You can choose between “Micro”, “Standard” and “XM Zero Count”. The type of account is adapted to the client’s funds. For example, in a micro account you can make very small transactions (Rawson risk). There is a unique size of one hundred contracts.
There are normal lot sizes in “standard” and “XM number”. The difference between these two accounts lies in the account fees and possible currencies. For example, you can choose 7 different currencies for the standard accounts and 2 for “XM Zero Account”. The spread is much smaller in “XM Zero Count”, starting at 0.0 pips. But you have to pay a fee of $3.5 for the $100,000 transaction.
XM customer service
With XM, you can get multiple accounts because many employees in the company provide customer service. More than 30 different languages are available in customer support. International employees also work for the company and help you on a daily basis. You can use support by phone, e-mail or chat.
For example, you can also access professional training courses and webinars. Webinars take place almost every day and can be used by all customers. It also provides daily market analysis and even trading signals. XM’s Personal Account Manager is another advantage. Every client has an employee who can ask questions and make suggestions. He tries to find the best offer for you personally as an entrepreneur.
Basically, we can say that the analysis provided is very appropriate. Beginning and advanced traders can expand and improve their knowledge for free.
Conclusion: What we think of XM
XM can compete with other brokers and get my high rating on this page. With multiple licenses and regulations, the company has high security and reliability. In addition, XM clients’ funds are managed separately from corporate funds, eliminating conflicts of interest.
In total, more than 1,000 market brokers offer very high quotes to private traders. Take the example of markets in remote areas. The product portfolio will also be supplemented by new markets. The Metatrader trading platform is also very suitable for market analysis and open transactions. The broker guarantees a diversity of 100 clients.
Another advantage is the trading conditions and deposits and withdrawals. The fees are so low that XM can be considered one of the cheapest brokers. The positive feature of the company is complementary to the customer service. At XM, you get not only technical support, but also a good form of self-training.
XM is a multi-value platform providing equity and crypto-money investments and CFD trading activities.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.19% 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.
Cryptocurrency is a volatile instrument that can fluctuate significantly over a short period of time, so it is not suitable for all investors. With the exception of CFDs, trading in crypto-money is not regulated and is therefore not subject to any EU regulatory framework.