XM is licensed by the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission. It is also regulated by a number of countries. In addition, it is a member of the Investor Compensation Fund, which provides up to 20,000 dollars in compensation for a broker"s failure. The company operates on a "no hidden fees" policy.
XM Group provides a convenient deposit system that allows for withdrawals to be processed within 24 hours. Payments are available through a variety of methods, such as Bank Wire Transfer, Western Union, Skrill, and Neteller. However, XM does not currently support PayPal deposits.
XM Group is considered to be one of the safest sites for customer data. It uses Secure Socket Layer (SSL) encryption technology for all transactions. It offers a range of accounts, including commission free and Islamic accounts. A bonus is available for newly registered users. For those interested in joining, a minimum deposit of $5 is required.
XM Group offers more than 1300 instruments to trade. These include stocks, indices, commodities, currencies, and valuable metals. XM also offers a range of educational content, such as Tradepedia. Traders can use MetaTrader 4 or MetaTrader 5 to make trades. Those interested in using a mobile platform can access the Web Trader.
XM Group has a team of expert customer support agents that are available through phone and live chat. Customer support is available for customers in a number of languages, including Spanish, French, Italian, and German. Although the company does not offer live support on the weekends, a call to its toll free phone number is available seven days a week.
XM Group is a reliable company that can help you start trading. Regardless of whether you are a beginner or a seasoned veteran, XM has the right tools to ensure your success. Their wide range of services and accounts allow you to choose the best fit for your trading style. Whether you are looking for a demo account or a full-featured account, XM will help you find a trading plan that is right for you.
XM Group also has a loyalty program. When you trade with XM, you can collect points for bonuses, special seasonal promotions, and other extras. You can also get free VPS, which is a virtual private server that allows for rapid trading without a high-speed Internet connection.
XM Group"s wide selection of underlying assets and flexible trading conditions provide traders with the freedom to manage their leverage risk. XM Zero and Ultra Low accounts have low spreads and leverages. While a client"s leverage is set to a maximum of 1:30, the spreads on major currency pairs such as the EURUSD average a spread of 0.1 pips during peak trading hours.