- Negative balance protection
- No re-quotes
- 8 platforms
- 24 Hour Customer Service
|Headquarters||12 Richard & Verengaria Street, Araouzos Castlecourt, 3. Floor, 3042 Limassol, Cyprus|
|Support types||Phone, Email, Live Chat|
|Languages||About 20 languages|
|trading platforms||XM WebTrader and Metatrader4, automatic trading MT4 Expert Adivsor function|
|minimum deposit||$ 5,00|
|characteristics||Negative Balance Protection, no re-quotes|
|paying out||Within 24 hours|
|Leverage||1: 200 - 1: 888|
|spread||Spreads from 1,8 pips|
|demo account||Open Demo Account|
|Fees||Bank transfers-costs are covered, but not possible entrance fees.|
|commissions||Transfer fees are taken from a sum of USD 200|
|account types||MICRO: 1 Micro-Lot is 1.000 units of base currency STANDARD: 1 standard lot is 100.000 units of base currency|
|Einazhlungsmethoden||Credit / debit card, bank wire transfer, local bank transfer, Neteller, Moneybookers Moneybookers, Western Union, MoneyGram, WebMoney, China UnionPay, IMMEDIATELY, iDEAL|
|payout Process||Credit / debit card, bank wire transfer, local bank transfer, Neteller, Moneybookers Moneybookers, Western Union, MoneyGram, WebMoney, China UnionPay, IMMEDIATELY, iDEAL|
|trading Methods||Scalping, Hedging, EA Robot, Trading News|
|option types||Forex and indices CFDs|
|US traders allowed|
- The Million Forex World Cup
- Negative balance protection
- No re-quotes
- 8 platforms
- 24 Hour Customer Service
1 000 000 FOREX WORLD CHAMPIONSHIP
Every month XM offers its customers the opportunity to win 50.000 $ and qualify for the finals of the Forex World Championship, where there are cash prizes of 500.000 $ to win - free of risk and without participation fee.
- Participation 100% free
- 12 rounds, 1.000.000 $ cash prizes
- All prices are payable
With so many rewards and incentives, you might think that XM can not be more generous. You are wrong. In addition to all other bonuses and rewards, XM offers several times a year and for a limited timeBonus actionsTo certain recurring events and events. Besides, we will alsoHighly exclusive bonusesWhich are only available upon invitation.
FREE VPS SERVICES
Make the most of your trades
- Prevent seasons
- Ideal forEAs
- Increase the speedOf your trade
- Available from anywhere
- 24 / 7 online
NO FEES FOR PAYMENTS & PAYMENTS
XM accepts the transaction fees
- 100% Takeover at allOnline payment services
- 100% Takeover of all commonKreditkarten
- Takeover attransfersThrough 200 USD
- immediateCredit to the account
- No hidden conditions or commissions
News by XM
As the powerful new brand of Trading Point united XM the enduring characteristics of internationally recognized brokerage company and also offers new services / products, this brand makes unbeatable.
A UNIQUE EDUCATION offers
- free e-learning Forex exercises for a deep understanding of forex trading with a variety of topics, from the simple basics to complex technical analysis
- a comprehensive knowledge base on the subject Finance and Forex
- free video exercises to use MetaTrader4 so traders each function reliably controlled.
FREE INTERACTIVE ONLINE WEBINARS
- welcome customers and users of the site with a wide range of topics on investment and online trading
- be of maintained recognized financial professionals
- offer every week new topics.
- CUSTOMER REGISTRATION in over 18 languages and within 5 minutes
- Safe MEMBER AREA, available in over 18 languages
- + 60 CURRENCY PAIRS
- running 100% automatically and 24 / 7 immediately - introducing new deposit / withdrawal options
- PERSONAL ACCOUNT MANAGERS for 24 / 5 customer service in more than 18 languages via live chat / email / phone / Recall
- The color copy of valid passport or other official identity card, which is issued by the authorities (eg driver's license, identity card, etc). The identification document must include the full name of the customer, an issue and expiry date, the location of the customer, date of birth and place of birth or tax identification number and the customer's signature included.
- The current account of a utility (such as electricity, gas, water, phone, oil, Internet and / or cable connection, account statement) that has been issued in the past 6 months and stating the specified during the registration address.
Must provide proof of my home address?
- Yes, this is necessary. To start with the trade and transfer funds from your account to your account with XM must be verified. For this purpose, a presentation of the current account of a utility (such as electricity, gas, water, phone, oil, Internet and / or cable connection) or a bank statement document your bank, which is not older than 6 months and from which during the registration specified address stating admit kill.
Why do you send your own documents for account verification?
- XM Broker as a regulated entity is acting in accordance with a variety of compliance-related matters and regulations that are set by those main regulator, the CySEC. Such rules should include the collection of legal documents of the customer taking into account the rules for identification procedures (Know Your Client), including the detection of a valid identity document and the current (issued in the last 6 months) utility bill, company or bank statement to confirm when registering specified customer address.
How can I open a trading account?
- The opening is simple and fast. Click on the link: Open Live Account and fill out the form. You will then receive an email with your login details, which you can log in XM secured member area. In the members area you have the option to deposit money by clicking on the tab Proceeds Click on the main menu. If you are a holder of an XM Real Account, you can open another account in the members area.
How long does it take to open a trading account?
- If you fill in all the details correctly, it takes less than 5 minutes.
How can I start trading?
- If you have already opened an account, receive your login information by e-mail, sent to your identity documents for account verification and have made a deposit, you need to download the trading platform next that suits your needs.
More detailed instructions on our trading platforms can be found here.
Provides XM to the cent accounts? If the deposit visible in cents?
- XM offers MICRO trading accounts where 1 Micro Lot (Pip) 10 corresponds cents. However, your deposit is always visible in the actual amount. If you deposit for example 100 USD, is the balance of your trading account 100 USD.
How long can I use a demo account?
- When XM demo accounts have no expiration date, you can use it as long as you want. Demo accounts, which are longer than 90 days inactive since last visit, be closed. However, you can always open a new demo account. You should note that a maximum 8 active demo accounts are permitted.
Is it possible that I lose more money than I deposit?
- No, XM your loss can not be higher than your deposit amount. If a negative balance arises due to delay in a particular currency pair, it is automatically reset with your next deposit.
Is my money safe?
- XM is manufactured by Trading Point of Financial Instruments Ltd operated, which ensures the safety of customer deposits and consumer protection under the Directive on markets in financial instruments (MiFID). The measures accordingly taken by XM include:
- Separation of client funds. The money the customer will be transferred to a separate account of the company specifically for client funds. Client funds are off balance sheet and can not be used for the satisfaction of creditors in the unlikely event of a corporate bankruptcy.
- Bank accounts. XM entertain customer and corporate accounts with highly respected EU banks.
- Investor Compensation Fund (ICF). The Investor Compensation Fund ensures that the company's customers in the unlikely event of insolvency or a business object pays compensation. The amount of compensation depends on the respective level of customer claims.
- Supervision by the regulatory authority. XM as a financial service, which is subject to regulation must meet strict financial requirements. This includes the monthly submission of financial reports to our main regulatory body, the Cyprus Securities and Exchange Commission (CySEC). XM is therefore by law obliged to maintain liquid capital in a sufficient amount to cover customer deposits, possible fluctuations in the currency of the entity and other pending charges. Any deficiencies are communicated to the regulator every year by an internal auditor.
What does your bonus program?
- XM has a bonus program with non-stop bonus payments, which can be used exclusively for commercial purposes. The agreement reached with the bonus win, however, can be lifted at any time.
Ermöglichst XM News Trading?
- Yes that is possible
What is the lever? How does it work? Why is less money at a higher lever is required and the risk is higher?
- The lever is a multiplier of your balance. It allows you to open more trading positions because the required margin corresponding to the lever you have chosen is lower. Despite the lever you can achieve a higher profit, there is also a higher risk of loss, since the opened positions you have a higher volume (lot size). Example:
Your trading capital is 10.000 EUR, the selected lever is 100: 1, for a STANDARD trading account means 100 * 10.000 = 1.000.000EUR, opened at a EURUSD to 1,3055 long position to 1,3155 closed, the difference is 0,0100 pips, accordingly is of scored you gain 1.000.000 0.0100 * = 10.000 USD.
Where are my funds kept?
- All funds of XM customers are held in segregated accounts with first-class European banks.
What is the maximum amount for online trading?
- When online trading there is no maximum amount, but there is one at the online trading a maximum number of 50 Standard Lots to flowing courses for STANDARD accounts and 100 Micro lots for MICRO accounts. The maximum number of time possible open positions for all account types is 200.
If you want to trade with larger amounts and this is not possible due to the Lot-maximum number of your account type, you can divide your trade into smaller sizes.
Provides XM at Forex Live exercises? How can you learn the principles of trading?
- Every customer of XM gets a personal account manager. He / she not only offers technical support via live chat, email or telephone, they can / an appointment with him or her even personal training sessions to learn the basics of MetaTrader4.
XM also offers customers video tutorials on the use of the platform, a weekly free webinars and seminars locally in different countries.
In which currencies can I make a deposit funds to my XM trading account?
- When XM To add funds in any currency. The deposit is automatically converted in accordance with the respective XM interbank rates in the base currency of your trading account.
Can I withdraw my money whenever I want?
- To be able to withdraw funds, your trading account must be verified. This means that you first need to have your documents in XM upload Member area: proof of identity (identity card, passport, driver's license) and proof of your home address (a utility bill undertaking, Telephone / Internet / TV cable connector or bank statement) that contains your address and your name and must not be older than 6 months.
Once you receive the confirmation of the verification of your account from the XM verification department, you can apply for the disbursement of funds. For this log in the members area, select the payment tab and send us a request for payment. A payout can only be sent back to the original source of the deposit. All withdrawals are processed by the XM Customer Service weekdays within 24 hours.
Provides XM to any kind of online support / exercises for the use of MT4 platform?
- You can get your personal XM account manager at any time via live chat, email or phone to make an appointment for the presentation on MT4. Instructions can be found in XM exercise videos. XM can help you with personal and detailed explanations whenever it suits you best.
Can I use robot / auto traders or expert advisors?
- Yes you can. All XM trading platforms support the use of EAs.