Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish
Forex trading can be very challenging so you have to find the right broker to work with. Our XM Bonus review will introduce you to a broker that we believe is worth checking out.
Since it was established in 2009, XM has won the trust of hundreds of thousands of forex traders from all over the world, with some 700,000 traders from nearly 200 nchi. XM has a reputation for being one of the most reliable brokers on the market, with some 99.4% of trades executed in less than a second. In addition to forex, you can also trade energies (i.e. crude oil), equity indices and precious metals such as gold and silver.
XM’s customer service desk supports over 20 languages and is available 24-hours a day from Monday to Friday. Contact numbers and email addresses for the broker’s major departments are available on the contact page as well as numbers for its international locations in Cyprus, Greece, Hungary and Australia.
XM offers three types of accounts, with leverage as high as 1:888. The Micro account allows you to trade with micro lots of 1,000 units and requires you to make a minimum deposit of US$5. The Standard account lets you trade with contract sizes of 100,000 units and also requires at least a US$5 minimum deposit. The XM Zero account lets you trade with a contract size of 100,000 units but requires you to make a minimum deposit of US$100, and allows you only maximum leverage of 1:500. You are also allowed to open a Demo account that lets you make paper trades so that you can test your trading strategies and sharpen your skills without having to risk real money. You can open up to eight demo accounts with US$100,000 in virtual money and complete access to multiple trading platforms.
XM provides you with tight spreads as low as 0 pips, 100% automatic account funding processed 24/7, fractional pip pricing, negative balance protection and no transfer fees.
XM uses the popular MetaTrader4 trading platform, which is the most commonly used in the industry. It is available for PC and Mac, with the Windows version allowing you to access the platform across multiple terminals. The MT4 platform is also available for Smartphones and tablets (Android and iPhone/iPad), and there is a web-based version (MT4 Web-Trader) that you can access without downloads and which you can access from any terminal.
XM offers a wide variety of bonuses and promotions. When you sign up for an account, you are automatically credited $30 XM no deposit bonus that you can use to start trading. When you make a deposit, you can avail of a two-tier bonus that credits you 50% of your deposit up to $500 plus 20% up to $5,000 maximum. In addition, XM periodically offers loyalty rewards several times a year based on the number of XM points you have earned from your trading activities.
26 days 16 hours Issue 1647, Allow retrieval of old and new selected tab in split pane docking setup
2 months 13 days Issue 1647, Allow retrieval of old and new selected tab in split pane docking setup