XM has an excellent reputation for putting its clients first. In fact, XM has won over 30 industry awards. The company also offers over 1000 financial instruments, including individual stocks, commodities, currencies, and energy. It"s easy to get started with XM. You can open a demo account, which allows you to trade for free without risking any of your own money.
XM offers a number of different account types, but they all have one thing in common: they are realistic. XM is not the cheapest broker around, but it"s definitely not the most expensive. They offer commission-free Forex, which means you can trade as much as you want for as little as $6 per 1.0 standard lot.
The XM customer support desk is available in multiple languages, and it"s open seven days a week. Customers can reach a member of the support team by calling or via live chat. This is a big plus for customers, because it"s often more convenient to speak to a live person rather than to email them.
XM has been in business since 2009. It is regulated by the Financial Services Commission (FSC), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). These regulations ensure that XM follows strict compliance guidelines.
XM offers a wide range of currencies, and you can open an account in any currency you like. The minimum deposit is only $5. If you have a credit card or a debit card, you can use those to fund your account. Those who prefer to fund their accounts through other methods can use Skrill or Neteller. However, some of these payment methods are not accepted in Japan.
XM has a good reputation for providing reliable service and fast customer support. In most cases, customers can expect a response within a few minutes. Besides, they are located in several international locations, so you can contact them any time. Some of the languages they speak include Greek, English, Italian, Chinese, German, Russian, Spanish, and French.
XM has an educational program, and you can access it through their website or through live webinars. There"s also a detailed library of educational material, which is divided into different sections. Each section contains videos, articles, and technical analysis. Lastly, there are several seminars on a variety of topics.
XM also offers a loyalty program, which is ideal for clients who live outside the European Union. Clients can earn rewards, bonuses, and rebates. For example, if you maintain a balance of USD 5,000 in your account, you will receive free access to a Virtual Private Server. Similarly, you can also receive a free VPS if you invest at least $5,000 in your account.
XM also provides a comprehensive economic calendar, which covers news on major markets. Moreover, the research department covers a variety of markets, including commodities, stocks, and forex.