Very Good Visit Site Average User Rating: XM is a Cyprus-based financial service provider for online trading on forex and CFDs on precious metals, equity indices and energies. They are authorised and regulated by the Australian Securities and Investments Commission, the Financial Conduct Authority FCA in the UK and the Cyprus Securities and Exchange Commission. Among the strongest advantages of this broker is that they offer a diversity of trading account types along with Islamic and demo accounts.

You may continue reading for my full review.

Their demo account can be used without any restrictions or time limit. This is a great advantage to practice online trading that have real market conditions without the need to risk real money.

They also allow exchanging points for an additional cash or bonus and entries for seasonal and invitation only bonuses. XM provides a selection of well-optimized platforms which can be operated with the same account.

XM Forex Review - Is XM Scam? - Is-Scam™

This includes the following: XM MT4 Terminal, XM Mac MT4, XM Web Trader, XM MT4 Multiterminal, XM iPhone Trader, XM iPad Trader, XM Droid Trader and XM MAM Trader. These options allow me to trade not just from a Windows PC but also on other devices that are running on different operating systems.

XM Review | Expert Broker Review by TradersAsset

In terms of mobile support, XM also has developed dedicated apps for devices that are running the iOS and Android platforms. That means I can access and keep track of my trades directly from my mobile device and straight from the app that has been designed particularly for iPhone, iPad and a plethora of Android gadgets.

This surely can help me in employing a more effective risk management strategy. The maximum leverage that is allowed by this broker is at 1: The good news is that they offer the same tight spreads that can go for as low as 1 pip regardless of the account type or the trade size.

This is a definite advantage since I will be able to fully control the funds that I can transfer on my account.

A withdrawal request with this broker only takes 24 hours to get processed. Aside from English, they also cater to more than 20 different languages including Japanese, Greek, Bahasa Indonesian, Malaysian, Svenska, Arabic, Portuguese, Thai, Czech, Magyar, French, German, Spanish, Turkish, Filipino, Chinese, Russian, Italian, Polish, Korean, Vietnamese and Dutch.

This score was provided by various users and its value is taken from the accumulated votes that were given by actual traders who have tested this broker. The interface was very easy to get used to because it is very clean and sophisticated. It comes fully equipped with all the useful tools and commands that are needed for trading. I also liked the colors that they used especially for the webtrader platform.

I have been communicating with their support department numerous times already and overall my experience with them was always great. For every question or concern that I have they always manage to find answers and solutions in a very fast and accurate manner. XM is operated by Trading Point of Financial Instruments How does carry trade affect exchange rates which is regulated by the Australian Securities and Investments Commission ASICthe Financial Conduct Authority FCA in the UK and the Cyprus Securities and Exchange Commission CySEC.

With such compliance with these regulating bodies, it goes to show that they are strictly employing business transparency and professional communication with their clients. They are also highly popular for hosting free forex seminars across different regions. XM provides a variety of advanced trading platforms and access to a diverse range of financial instruments with advantageous options and futures option trading strategies ebook conditions plus an education center that covers a full range of up-to-date tools that are essential for making profitable trades.

This kind of superior service certainly proves that they deliver a flexible and custom-tailored solution for any type of trader. I was able to attend one of their forex seminars in London and have learned so much about trading currencies.

Be sure to checkout their schedule if they have one near your area. Their forex seminars are very informative and valuable. Is it worth attending their forex seminars?

Is XM Forex Scam? - Does It Work?

I had the chance to hear one of their seminars and yes, I must say that it was worth it. They discuss various topics about basic and intermediate trading on forex. Which do you think is xm forex legit light and easy to use when trading? Here are the complete type of platform from XM: The demo account with this broker is great, I just recently realized that the practice account have no time limit. And that would mean I can do trade practice anytime I want without worrying if I should register again or not.

Were you able to verify as well if the virtual money for the demo account is unlimited or you need to trade well on your practice to increase your practice revenue? It was mentioned in this review that there will be unlimited time for the practice but it was never indicated that it be well funded throughout.

The leverage being offered by most brokers will never be an issue if you know how to put your thoughts and your instinct into a profitable strategy.

Leverage offer will and should never be an issue as long as you know how to manage your account.

XM (XEMarkets) Review | A must read before you trade with XM

Those kind of spreads are good for those who trades in volumes. Were you guys aware about the live seminars XM are hosting to educate different traders worldwide? You must be logged in to post a comment. Jack our social media specialist eats no fat but manages to eat up all the latest buzz on the web, he has a knack for extracting precise information from around the web worth imparting to our friends in binary options trading. Jack has worked in the industry of social media for the past 15 years ,he lives in Ireland with his wife and four dogs!

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December 22, at January 24, at February 14, at 7: April 10, at 5: May 10, at 6: June 25, at July 29, at 5: August 15, at 7: September 7, at October 22, at 3: November 11, at 9: December 19, at 2: December 31, at 5: January 4, at 5: February 1, at 5: Was the maximum leverage of 1: What are some of the advantages?

February 24, at 1: March 24, at 1: April 14, at 3: Leave a Reply Cancel reply You must be logged in to post a comment. Regulated Brokers Forex Comparison Tools. Forex Brokers Compare Tool Forex Demo Compare Tool Forex Signals Compare Tool. AvaTrade Review eToro Review Plus Review Trade. Find Who Wins Benchmarks News Education. Trading on financial markets carries a significant level of risk and may not be suitable for all types of investors.

The high degree of leverage may result in the loss of some or the entire capital that you invested and therefore we highly recommend you not to invest amounts that you cannot afford to lose.