XM Forex Broker Review
Besides forex and CFD trading, XM also provides its customers with an extensive suite of educational tools, including high-quality webinars and a free demo account. XM customers can choose from three account types, which all offer flexible trading conditions and a diverse range of assets.
XM"s Zero Account, Micro Account, and Standard Account are all commission-free. Clients can add funds via credit card, local bank transfer services, electronic payment gateways, and wire transfer. XM"s customer support is available seven days a week, with representatives available to provide assistance in over 25 languages. A live chat option is also available.
XM"s website has an organized, secure process for handling client data. Its websites feature multi-factor authentication, encryption technology, and a secure web form for registration. Users can also sign up for email updates. Customers can choose from a variety of payment methods, including Visa, MasterCard, and Chinese Union Pay. In addition, XM"s customer service is always available to help, whether it"s via email or phone.
Depending on the type of account you choose, XM offers a range of bonus programs. You can get a 20% bonus on deposits of $500 or more. Alternatively, you can get a 30 bonus when you first register for an account.
XM offers the MT5 mobile app, which is typically used by traders who do not have access to a computer. Its features include the ability to monitor open positions and set sell and buy stop limits. However, this app has a slight learning curve, which means you should not rely on it exclusively. MT5"s mobile app is not as fast as its desktop counterpart, so it is not the best choice for those who primarily trade on the go.
XM offers free VPS services, which ensure that you never have to worry about downtime during trades. These services are available around the clock, and are a quick and convenient way to take advantage of the broker"s competitive trading conditions.
The XM website is available in twenty-two languages. Users can also benefit from a live chat, which is available seven days a week. Traders can also reach out to an XM advisor for additional assistance. Customer support is also available via email and phone, although a number of countries do not have a phone number.
XM has an excellent economic calendar, which gives its users the ability to stay up-to-date on the latest financial and economic news. XM"s website has been rated as highly reliable, offering a secure environment and easy registration. Additionally, XM is regulated by the Belizean IFSC, as well as Australia"s ASIC.