XM's Service Conditions. Table of Contents
Trading Conditions and Tools of XM
At XM, they offer Micro and Standard accounts that adapt to all needs, with flexible conditions, and leverage up to 888: 1.
XM offers a range of over 55 currency pairs and CFDs on precious metals, energies, and stock indices with the most competitive spreads along with XM execution with no order rejection and no requotes.
- Trading accounts with exceptional trading conditions.
- Possibility of trading with micro or standard lots.
- Unlimited access to MT4 / MT5 and trading with expert advisors.
- Regular intraday market updates and technical analysis.
- The same quality of execution on all types of accounts.
- Multilingual customer support and personal account manager.
With XM, you can trade +55 global FX currency pairs, major global Stock indices, commodity CFD like Sugar, cocoa, and wheat, stocks of more than 600 companies, precious metals like gold, silver, and palladium, and Crude, gas, and all major energies
Start trading Forex and CFDs with XM
Why choose XM as your main Broker?
Choose a big, fair, and humane broker.
There’s a reason more than 3.5 million clients choose XM for forex trading, stock indices trading, commodities, stocks, metals, and energy trading.
- Licensed and regulated broker
- XM Group is licensed by the Australian Securities and Investments Commission (ASIC) in Australia (Trading Point of Financial Instruments Pty Limited), by CySEC in Cyprus (Trading Point of Financial Instruments Ltd), by IFSC in Belize (XM Global Limited) ) and by DFSA (Trading Point MENA Limited), adhering to strengthened regulatory standards.
- Recognized worldwide
- XM has clients from more than 196 countries and staff who speak more than 30 languages. XM’s management team has visited more than 120 cities globally to understand the needs of XM’s clients and associates.
- Customer-centric
- Size does not matter. At XM, the customer comes first, regardless of their investment, account type, or investment size. All of XM’s clients receive the same quality services, the same execution, and the same level of support. XM was founded on these values and they will never change.
- Wide range of trading instruments
- XM’s clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals, and energies from the same account. With a wide range of trading instruments available from a single platform, XM makes trading easier and more efficient.
- Transparent and fair
- In XM, what you see is what you get, with no hidden terms. Be its prices, execution, or promotions. What XM advertises is what their clients get, regardless of the size of their investment.
- Easy and comfortable
- All of XM’s systems are created with the customer in mind. Starting with the account opening process, going through the management of the account, the deposit or withdrawal of funds, and ending with the trading itself, everything is very simple and easy to use for XM’s clients.
How does XM’s Trading Account work?
An XM forex account is a trading account that you will own and work in a similar way to your bank account, but with the difference that it is issued primarily for currency trading.
XM forex accounts can be opened in Micro, Standard, or XM Ultra-Low format as shown in the table above.
Please note that forex (or currency) trading is available on all XM platforms.
In summary, your forex trading account includes:
- Access to the XM user area;
- Access to the corresponding platforms.
As with your bank, once you register a Forex trading account with XM for the first time, you will be asked to go through a KYC (Know Your Client) process, which will allow XM to make sure that the personal details you have submitted are correct, ensuring the security of your funds and your account details.
When you open a forex account, your details will be automatically emailed to you to access the XM User Area.
From the XM user area, you can manage your account functions, including deposits and withdrawals of funds, view and request active promotions, check your loyalty status, review your open positions, change leverage, access support, and trading tools.
The user area is constantly improving with more functionalities, offering XM’s clients more flexibility to make changes or variations in their accounts at any time, without needing the help of personal account managers.
The access details of your trading account will correspond to access to the trading platform according to your account type, and this is where you will ultimately carry out your operations.
Any deposit/withdrawal or other changes you make to preferences from the XM user area will be reflected in your corresponding trading platform.
What’s the difference between XM MT4 and MT5 platforms?
The main difference is that MT4 does not offer CFD trading on stocks.
Who should choose XM MT4?
MT4 is the predecessor of the MT5 trading platform.
At XM, the MT4 platform allows you to trade currencies, CFDs on stock indices, as well as CFDs on Gold and oil but does not offer CFD trading on stocks.
Clients who do not wish to open an MT5 trading account can continue to use their MT4 accounts and open an additional MT5 account at any time.
Access to the MT4 platform is available in Micro, Standard, or XM Ultra Low, as indicated in the table above.
Who should choose XM MT5?
Clients who choose the MT5 platform to have access to a wide range of instruments: Forex, Stock Index CFDs, Gold and Crude CFDs, as well as Stock CFDs.
Your MT5 login details will also give you access to the XM WebTrader as well as the MT5 desktop application (downloadable) and companion applications.
Access to the MT5 platform is available for Micro, Standard, or XM Ultra Low, as shown in the table above.
Which is better? XM MT4 or MT5 trading platforms?
Please check XM official website or contact the customer support with regard to the latest information and more accurate details.
XM official website is here.
Please click "Introduction of XM", if you want to know the details and the company information of XM.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!