|Broker Name:||XM.COM (Trading Point of Financial Instruments Ltd.)|
|Operating since year:||2009|
|International offices:||Cyprus, Belize|
|Regulation:||CySEC, FCA 120/10|
|Address:||No.5 Cork Street, Belize City, Belize, C.A.|
|Languages:||English, Spanish, Russian, Chinese, Arabic etc.|
|Trading Platforms:||MetaTrader 4|
|Trading platform(s) timezone:||GMT+2|
|Web based trading:||Yes|
|Bonuses:||• A $30 no deposit bonus offered to all new clients;
• An instant and automatic 100% bonus upon executive level entry to the XM Loyalty Program;
• A monthly opportunity to win $50,000 and gain entry to the final round of the Forex World Championship (Prizes include: $500,000 in cash prizes, and 12 rounds of $1,000,000 in prizes)
|Other trading instruments:||Forex, stock indices, oil and gold|
|Minimum deposit ($)||$5|
|Maximal leverage (1:?)||1:888|
|XMForex is another leader as the best online brokerage firm, allowing traders to have both MetaTrader 4 and MetaTrader 5 platforms at their disposal.
Among the features that XMForex is proud of are its personal trading account managers, access to forex market research, daily forex webinars, access to daily forex trading signals, various platforms, free daily technical analysis, and 24/5 live help.
Focused on the giving clients the best trading experience, XMForex provides various key functions on its most popular platforms, which are accessible in different kinds of devices. There are different kinds of platforms that different traders can use based on their trading needs and activities.
Among the major platforms that this online broker provides are the MT4 and MT5, which have distinct functions and features that can pave the way for better trades and more profitable market ideas.
The MT4 platform is primarily for forex trading, while the MT5 can be used for forex as well as other types of assets like online stock trading, stock indices, and precious metals. Whichever the trader chooses, he or she can enjoy a convenient and more comfortable trading experience with a brokerage account.
Xm’s MT4 features are quite comprehensive, enabling the client to go full-blown on his or her trades. That being said, the user interface of the best trading platform doesn’t sacrifice the ease of use for functionality. In other words, traders can make use of this professional-looking platform without being confused with the buttons, keys, and navigations, thanks to its neat and straightforward design.
Via the platform, clients can trade more than 55 instruments including Forex, CFDs, and Futures. Traders can also take advantage of its single-login access to 8 other platforms. The spreads can also be as low as 0 pip.
Moreover, XM’s trading platform support full Expert Advisor functionality, as well as 1-click trading. And if the trader wants to perform technical analysis on the assets he or trades, he or she can enjoy tools as many as 50 indicators and charting tools. The platform also offers 3 chart types to traders. Hedging is allowed, as well as VPS functionality.
Further, this forex broker guarantees full data back-up and security, meaning traders can continue trading without worries or concerns about the safety of their funds and information. Along with that, traders can also benefit from the internal mailing system that makes communication better and faster.
MT4 has the multi-terminal feature, which lets clients to handle multiple MT4 accounts via a single terminal, trading with ease using only 1 master login and password. It supports as many as 128 trading accounts and multiple order types, as well as three allocation methods. Traders can manage and execute their trades in real time. This lessens the burden of checking multiple accounts by allowing the trader accomplish the task in just one click.
The MT5, on the other hand, supports all the key functions of the MT4. In addition to those, the MT5 platform adds other useful features that will make trading a more engrossing experience. Traders can use 1 login to 7 platforms and it supports all order types like market, pending, stop, and trailing stop orders.
It offers more than 80 technical indicators and more than 40 Analytical objects. The platform also has the ability to display 100 charts simultaneously. These come with built-in MQL5 development environment. Lastly, traders can get a multi-currency tester as well as alerts.
If the trader wants to use the MT5 on his or her PC, the device should be running on Windows 7 SP1 or higher operating systems.
In conclusion with this XMForex review, XMForex proves to be a very efficient and dedicated forex broker for many traders who want to make some money out of different financial markets. It offers all the necessary functions found in the best brokers around the world. Clients who avail the services of this best forex broker find that trading doesn’t have to be as stressful as many people think.
|General Information about XM|
|XM sets high standards to its services because quality is just as decisive for us as for our clients. We believe that versatile financial services require versatility in thinking and a unified policy of business principles.
Our mission is to keep pace with global market demands and approach our client’s investment goals with an open mind.