A comprehensive guide to opening an account with XM. Check out the latest account types, bonus promotions and platforms.
Open XM's Bonus Trading Account. Table of Contents
- What is XM?
- XM's No Deposit Bonus Promotion
- XM's Deposit Bonus Promotion
- XM's Live and Demo Trading Competitions
- XM's Free VPS
- XM's Refer a Friend Program
- XM's Trading Account Types
- Forex Trading with XM
- Cryptocurrency Trading with XM
- Stock Trading with XM
- Commodity Trading with XM
- Equity Indices Trading with XM
- Precious Metals Trading with XM
- Energy Trading with XM
- Trading Conditions of XM Platforms
- XM's MT4 Platform
- XM's MT5 Platform
- XM's Mobile app
- XM Copy Trading
- How to Open an Account and Participate in Bonus Promotions at XM in 5 Steps
- FAQs about XM's Bonus Promotions
XM offers a variety of promotions and services designed to enhance the trading experience. The €25 trading bonus is available for new clients and does not require a deposit; it is automatically credited to accounts and can be used for trading immediately, although it is non-withdrawable. Profits from this bonus can be withdrawn under specific conditions. Additionally, XM provides a two-tier deposit bonus that offers up to $5000 on top of initial deposits, which is also non-withdrawable; only profits can be withdrawn.
XM hosts trading competitions for both demo and real accounts where traders can win cash prizes without any entry fees. These competitions allow traders to test strategies and gauge their performance against others. The company also runs a Loyalty Program that rewards traders with XM Points for each lot traded, which can be redeemed for trading credit bonuses.
The Free VPS service offered by XM enhances trade execution speeds and is available to clients who meet certain criteria, making it ideal for those using Expert Advisors. XM also encourages current clients to refer friends through their Refer a Friend program, offering up to $70 per successful referral with the rewards being withdrawable. Withdrawal of certain bonuses results in a proportional reduction in the trading bonus, with XM providing clear guidelines on how these operations are handled to keep clients well-informed.
What is XM?
XM is a prominent global investment firm that prides itself on delivering high-quality financial services. Established in 2009, the company now serves over 10 million clients from more than 190 countries, emphasizing its expansive and inclusive reach.
- Service Excellence and Reliability
- XM stands out in the forex and investment industry by ensuring that all trading actions—more than 8.5 billion trades so far—are executed without any re-quotes or rejections. This is a critical feature for traders seeking dependable and fair trading conditions. The company also ensures swift execution, with 99.35% of all trading orders completed in less than one second.
- Comprehensive Client Support
- Clients from various cultural, national, and linguistic backgrounds can receive support in over 30 languages, reflecting XM’s commitment to diversity and accessibility. Their 24/7 customer support and the availability of personal account managers ensure that clients have continuous and tailored support.
- Global Outreach and Education
- XM actively fosters client relationships through international visits by its management to over 120 cities and through hosting educational seminars worldwide. These initiatives are part of XM’s strategy to engage with clients personally and provide them with the necessary tools and knowledge to trade effectively.
- Extensive Trading Options and Tools
- Traders at XM have access to a wide array of instruments including forex, derivatives on stock indices, commodities, and more across multiple trading platforms. The platforms are designed to be user-friendly and are equipped with advanced trading tools and indicators to enhance trading strategies.
- Transparent and Fair Trading Conditions
- XM maintains a transparent trading environment with straightforward terms and no hidden conditions. They offer competitive spreads as low as 0.6 pips and up to 1000:1 leverage, allowing traders significant flexibility in their trading strategies. Additionally, the firm’s commitment to fair trading is underscored by their strict policies against re-quotes and rejections.
- Security and Regulation
- The firm is regulated by multiple international bodies, including ASIC in Australia and CySEC in Cyprus, which ensures that they adhere to the highest standards of regulatory compliance. Moreover, client funds are given top priority, safeguarded under Negative Balance Protection to prevent clients from losing more than their account balance.
- Cultural and Operational Philosophy
- XM is dedicated to creating a sustainable and diverse workforce, reflecting its approach to global and cultural inclusiveness. Their operational philosophy is focused on client satisfaction, driving their efforts to continuously adapt and improve their service offerings to meet the evolving needs of their global clientele.
XM’s commitment to quality service, client-centric support, educational outreach, and transparent trading conditions make it a preferred choice for traders worldwide looking for a reliable and inclusive trading experience.
XM’s No Deposit Bonus Promotion
XM offers a €25 trading bonus to new clients as an introduction to its trading services, enabling them to start trading without an initial deposit. Here’s a detailed look at how this promotion works:
Overview of the €25 Trading Bonus
- Value
- Equivalent to 30 USD, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 100 PLN, 7000 HUF, 40 SGD, 347 ZAR, 1000 THB.
- Availability
- This bonus is available immediately upon opening your first real trading account with XM.
- Requirements
- No deposit is needed to receive the bonus.
- Usage
- The bonus is used for trading purposes only and cannot be withdrawn. However, any profits derived from trading can be withdrawn.
Eligibility
- Who Qualifies
- The bonus is available to new clients who open a real account with XM for the first time.
- Regional Variations
- Depending on your location, there might be alternative promotions.
- Time Limit
- There is a 30-day period from the date of account opening to claim the bonus, after which it is no longer available.
Conditions for Withdrawal
- Profit Withdrawal
- Profits made from trading with the bonus can be withdrawn at any time.
- Bonus Deduction
- If you withdraw any part of your balance, the bonus amount will be reduced proportionally. For example:
- If you withdraw 40% of your balance, 40% of your bonus will be deducted.
- If you withdraw 60% of your balance, 60% of your bonus will be deducted.
Steps to Claim the Bonus
- Open an Account: Register for a real trading account with XM.
- Log In: Use your credentials to access the Members Area.
- Verify Your Account: Submit necessary identification documents to verify your account, if not already verified.
- Claim the Bonus: Navigate to the bonus section and click on the claim button.
- Complete Voice Verification: Follow the instructions for voice verification to finalize claiming your bonus.
This no-deposit bonus is designed to allow new traders to experience XM’s trading environment with reduced financial risk, providing a solid start without the need for an initial capital investment.
XM’s Deposit Bonus Promotion
XM offers a two-tier deposit bonus to enhance trading capital, featuring 50% up to $500 and 20% up to $4,500, which can combine to give you up to $5,000 extra in your trading account.
Key Details of the XM Deposit Bonus
- Tier 1 Bonus
- 50% on your deposit up to a maximum bonus of $500.
- Tier 2 Bonus
- 20% on your deposit up to a maximum bonus of $4,500.
- Total Potential Bonus
- Up to $5,000 depending on the amount deposited.
- Minimum Deposit Required
- Just $5.
- Platform Eligibility
- Available for both MT4 and MT5 accounts.
- Non-Withdrawable
- The bonus itself cannot be withdrawn but any profits generated from trading with the bonus can be.
Eligibility
Account Requirements: All XM clients who deposit funds into their trading accounts are eligible for the bonus until the maximum bonus amount of $5,000 is received. However, Ultra Low Micro and Ultra Low Standard accounts do not qualify for the deposit bonuses.
How It Works
The bonus is instantly credited to your account upon the deposit and it enhances your trading capital, allowing you to take larger positions or increase your trading volume.
Examples of How the Bonus Is Applied:
- Deposit $5: Receive a 50% bonus of $2.50, making your total trading capital $7.50.
- Deposit $1,000: Receive a 50% bonus of $500, increasing your trading capital to $1,500.
- Deposit $2,000: Get a 50% bonus on the first $1,000 and 20% on the next $1,000, totaling a bonus of $700 and a trading capital of $2,700.
- Deposit $10,000: 50% on the first $1,000 and 20% on the remaining $9,000, gives a total bonus of $2,300 for a total trading balance of $12,300.
Withdrawal and Bonus Reduction
Any withdrawal of funds from your account will lead to a proportional removal of your trading bonus. For instance:
Withdraw $250 from a $1,000 deposit with a $500 bonus: 25% of your withdrawal amount ($250) leads to a $125 reduction in your bonus.
How to Claim the Bonus
- Open an XM Real Account: If you don’t already have one.
- Make a Deposit: Through the deposit section in the XM Members Area.
- Receive the Bonus: The bonus is automatically credited to your eligible trading account.
This deposit bonus scheme is especially beneficial for new and existing traders looking to increase their trading volume with a lower initial capital risk. It is an effective way to boost your trading capabilities and to participate more fully in a variety of markets.
XM’s Live and Demo Trading Competitions
XM offers exciting trading competitions, allowing both novice and experienced traders to engage in trading battles on both demo and real accounts. These contests are designed to enhance trading skills and reward top traders with significant cash prizes.
Types of Competitions
- Real Account Competitions
- These involve trading with real money and the opportunity to win substantial cash prizes based on trading performance.
- Demo Account Competitions
- Participants trade with virtual funds, which eliminates financial risk. Winners still earn real cash prizes, making it an excellent way for new traders to practice and compete without financial consequences.
Benefits of Joining XM Competitions
- No Entry Fees
- Free entry into all competitions.
- Withdrawable Cash Prizes
- Winners can withdraw their cash prizes.
- Skill Testing and Strategy Development
- A practical way to test and enhance trading strategies.
- Accessibility for All Experience Levels
- Open to traders of all skill levels.
- Competitive Environment
- See how your trading skills compare with others.
- Learning Opportunity
- Gain new insights and trading ideas from observing the market and other traders.
How to Participate
- Account Selection: Choose either a real or demo account to compete with. Each competition specifies the type of account required.
- Registration: Sign up for the competition through XM’s platform. If it’s a demo competition, a demo account with a set virtual fund will be provided.
- Trade: Engage in trading as per normal. Your performance will be tracked against other participants.
Competition Rules
- Multiple Entries
- You can participate in multiple competitions simultaneously, provided the accounts meet the respective competition’s criteria.
- Performance Metrics
- Performance is evaluated based on the formula considering equity changes, deposits, and withdrawals. This ensures fairness in tracking who generates the best trading results relative to their starting conditions.
- Expert Advisors
- Both MT4 and MT5 platforms are allowed, and using expert advisors (automated trading systems) is permitted.
Additional Details
- Rank Calculation
- Rankings are updated regularly based on live performance data.
- Tie-Breaking
- If two participants have the same performance, the prize is split.
- Result Visibility
- Ongoing and past competition results are accessible on XM’s dashboard.
These competitions not only incentivize traders with potential financial rewards but also provide a platform for significant learning and development in trading strategies. Whether you are a beginner looking to learn or an experienced trader wanting to test your skills, XM’s trading contests offer a robust environment to do so.
XM’s Free VPS
XM’s Free VPS (Virtual Private Server) service is designed to enhance your trading by ensuring high-speed trade execution and reliability, allowing you to benefit fully from XM’s trading environment without being affected by factors like slow internet speeds, system failures, or power interruptions.
Benefits of XM’s Free VPS
- Eliminates Downtime
- Ensures that your trading activities are not interrupted by technical issues on your local PC or internet problems.
- Optimized for EAs
- Provides an ideal setup for running Expert Advisors (EAs), which require a stable and always-on environment to operate effectively.
- Increased Speed
- Located just 1.5 km away from XM’s data center in London, the VPS offers low-latency, high-speed trading executions through direct optical fiber connectivity.
- Global Accessibility
- Access your trading platform from any location around the world, at any time, without needing your personal computer to be on.
- Always Online
- Operates 24/7, allowing your trading strategies to run continuously without any interruptions.
Availability and Eligibility
- For All Clients
- During a promotional period, the VPS service is available for free to both new and existing XM clients.
- Usage Requirements
- To qualify for the free VPS, you must maintain a minimum balance of $500 in your trading account and trade at least 2 standard round turn lots or 200 micro round turn lots per month. Additional accounts registered under the same email also count towards this eligibility.
- Subscription Option
- Clients who do not meet these conditions can still obtain the VPS for a monthly fee of $28, which is deducted automatically from their MT4/MT5 accounts at the beginning of each month.
Technical Specifications
- System Resources
- The VPS comes equipped with 2.5 GB RAM, 30 GB of hard drive capacity, and 1vCPU, running on Windows Server 2022.
- Security and Connectivity
- Offers secure and robust connectivity options for uninterrupted trading operations.
How to Access XM’s VPS
- Request Access: Eligible clients can request the VPS through the XM Members Area.
- Remote Connection Setup: Use the Remote Desktop Connection feature in Windows to connect to the VPS using the provided IP address.
- Login: Enter the provided username and password to access the VPS.
- Security Confirmation: Approve the connection through any security prompts that appear during the initial setup.
This VPS service allows traders to experience professional trading conditions and leverage XM’s high-speed trade execution capabilities, ensuring that automated trading strategies perform at their best without requiring continuous monitoring.
XM’s Refer a Friend Program
XM’s Refer a Friend program offers a lucrative opportunity for its clients to earn rewards by inviting their friends to trade with XM. If you enjoy trading with XM and want to share the benefits with friends, this program can be an excellent way to earn some extra income.
Overview of the Refer a Friend Program
Reward Structure: The program rewards you more as the number of your referrals increases. You earn:
- $40 per friend for 1-15 referrals
- $50 per friend for 16-30 referrals
- $70 per friend for more than 30 referrals
How to Participate
- Account Requirements
- You need to have a verified real trading account with XM.
- Referral Process
-
- Log into your Member’s Area.
- Navigate to the Refer a Friend section where you can find your unique referral URL.
- Share this URL with friends via email or any other means.
- Earning Rewards
- You earn a cash reward for each friend who signs up through your link, completes account verification, funds their account, and trades at least 1 standard lot using Forex, Gold, or Silver.
Tracking and Withdrawing Rewards
- Tracking
- You can track the progress of your referrals and see your earnings in the Member’s Area.
- Withdrawals
- Rewards are credited to your MyWallet every Sunday at 7:00 UTC and can be withdrawn anytime. You can transfer funds from MyWallet to your trading account and then follow standard withdrawal procedures to access your cash.
Additional Information
- Unlimited Invitations
- There is no cap on the number of friends you can invite. However, rewards are only given for friends who meet all the program criteria.
- Withdrawal of Funds
- The funds can be transferred to your trading account and are subject to the usual processing times and, potentially, conversion fees depending on your account’s base currency.
The program is open to both new and existing XM clients who have a verified trading account. Specific lot requirements or trading values might vary by region, and for Shares Accounts, trading of $5,000 in value is necessary to qualify.
This program is designed to benefit both the referrer and the referee by making trading with XM more rewarding.
XM’s Trading Account Types
XM Zero | Standard | Micro | |
---|---|---|---|
Account Type | Forex | Forex | Forex |
Trading Platform | MetaTrader4 (MT4), MetaTrader5 (MT5) | MetaTrader4 (MT4), MetaTrader5 (MT5) | MetaTrader4 (MT4), MetaTrader5 (MT5) |
Minimum Deposit | $200 | $5 | $5 |
Accout Currency | EUR, JPY, USD | AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD, ZAR | AUD, CHF, EUR, GBP, HUF, JPY, PLN, RUB, SGD, USD, ZAR |
Execution Type | ECN (Market) | STP (Market) | STP (Market) |
Leverage | 500:1 | 1000:1 | 1000:1 |
Spread Type | Variable | Variable | Variable |
Minimum Spread | from 0.0 pips | from 1 pips | from 1 pips |
Trading Commission | $3.5/per Lot | N/A | N/A |
Minimum Trading Lots | 0.1 | 0.01 | 0.001 |
Maximum Trading Lots | 50 | 50 | 100 |
Decimal Pricing | 5 | 5 | 5 |
Margin Call % | 50% | 50% | 50% |
Stop Out % | 20% | 20% | 20% |
EA (Automated Trading) | Allowed | Allowed | Allowed |
Scalping | Allowed | Allowed | Allowed |
Hedging | Allowed | Allowed | Allowed |
News Time | Allowed | Allowed | Allowed |
PAMM/MAM | Available | Available | Available |
Islamic (Swap Free) | Optional | Optional | Optional |
Interest on Margin | None | None | None | Sign up | Open XM Zero Account | Open Standard Account | Open Micro Account |
XM offers several account types to cater to different trading preferences and requirements, specifically designed to meet the needs of a diverse trading community. Here’s a detailed look at the different account types provided by XM:
XM Zero Account
This account is geared towards traders looking for ECN-like conditions with tight spreads and a high execution speed. The main features include:
- Minimum Deposit: $200
- Account Currencies: EUR, JPY, USD
- Execution Type: ECN (Market)
- Leverage: Up to 500:1
- Spread Type: Variable, starting from 0.0 pips
- Trading Commission: $3.5 per lot traded
- Minimum Trading Lot: 0.1
- Maximum Trading Lot: 50
Standard Account
Designed for traders who prefer trading with no commissions and a lower entry threshold, the Standard account offers:
- Minimum Deposit: $5
- Account Currencies: Wide range including AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD, ZAR
- Execution Type: STP (Market)
- Leverage: Up to 1000:1
- Spread Type: Variable, starting from 1 pip
- Trading Commission: None
- Minimum Trading Lot: 0.01
- Maximum Trading Lot: 50
Micro Account
Ideal for beginners or those testing new strategies with lower risk:
- Minimum Deposit: $5
- Account Currencies: Extensive options similar to the Standard account
- Execution Type: STP (Market)
- Leverage: Up to 1000:1
- Spread Type: Variable, starting from 1 pip
- Trading Commission: None
- Minimum Trading Lot: 0.001
- Maximum Trading Lot: 100
Common Features Across All Accounts
All account types share several common features:
- Trading Platforms: Access to MetaTrader4 (MT4) and MetaTrader5 (MT5)
- Decimal Pricing: 5 decimals
- Margin Call: 50%
- Stop Out Level: 20%
- Trading Strategies Allowed: EA (Automated Trading), Scalping, Hedging, Trading during News Time
- PAMM/MAM Accounts: Available
- Islamic (Swap-Free) Option: Available upon request
- Interest on Margin: None
Additional Services
Regardless of the account type, all traders at XM enjoy:
- Unlimited access to MT4/MT5 and support for expert advisor trading.
- Free access to regular intra-day market updates and technical analysis.
- Uniform execution quality for all accounts.
- Personal Account Managers and multilingual support to help manage trading accounts effectively.
Multi-Asset Trading Account
Apart from forex, XM offers the possibility to trade a variety of assets on the MT5 platform. This includes:
- Cryptocurrencies, stock indices, gold, oil, and stock CFDs.
- Access to XM WebTrader.
- Functionalities similar to managing a bank account but tailored for trading.
Each account type is designed to provide specific benefits, ensuring traders can select the one that best suits their trading style and financial goals. This approach allows XM to accommodate a wide range of traders, from those looking to trade micro-lots to those interested in high-volume trading scenarios.
Forex Trading with XM
XM provides a comprehensive set of forex trading conditions designed to suit various types of traders from around the globe. Here’s an overview of the key aspects of forex trading with XM:
Key Features of XM Forex Trading
- Currency Pairs Offered
- XM offers over 50 currency pairs, including major, cross, and exotic pairs. This selection provides traders with the opportunity to engage in the trading of well-known currencies like the USD, EUR, and JPY, as well as less common ones involved in emerging markets.
- Trading Hours
- The Forex market is open 24 hours a day, 5 days a week, accommodating the different time zones across the world. This allows for continuous trading from 22:00 GMT on Sunday until 22:00 GMT on Friday, covering the major financial centers such as London, New York, Tokyo, and others.
- Leverage
- XM offers leverage up to 1000:1, which enhances the trading capacity of its clients by allowing them to control larger positions with a smaller amount of actual capital.
- Swap-Free Options
- For traders who choose the Ultra Low Standard or Ultra Low Micro accounts, XM offers a zero swap feature, removing the swap fees typically charged for holding positions overnight.
- Cost Efficiency
- XM prides itself on tight spreads and no re-quotes, along with a policy of no hidden charges, ensuring transparency and cost-effectiveness in trading.
Trading Dynamics
- Execution Type
- XM employs an STP (Straight Through Processing) execution model, ensuring fast and reliable trading execution without the interference of a dealing desk.
- Price Quotations
- Traders receive real-time price quotes and have the autonomy to execute trades at prices they deem suitable, contributing to effective risk management and strategic trading.
- Technology and Platforms
- Traders have access to advanced trading platforms such as MetaTrader 4 and MetaTrader 5, which are equipped with user-friendly interfaces, analytical tools, and automated trading capabilities.
Risk Management Features
- Negative Balance Protection
- XM offers negative balance protection, ensuring that clients cannot lose more than their initial investment, which is crucial in highly volatile trading environments.
- Margin Policies
- The margin call and stop-out levels at XM are set at 50% and 20% respectively, helping manage and limit the risks associated with leveraged trading.
Forex Market Participation
XM caters to a diverse group of market participants, including:
- Individual retail traders who speculate on currency fluctuations.
- Businesses that need to exchange currencies for international trade purposes.
- Institutional investors and banks involved in large-scale foreign exchange transactions.
Influence on Prices
The forex market prices are influenced by various factors including inflation rates, interest rates, geopolitical stability, and economic data releases. Understanding these factors can help traders make more informed decisions.
Types of Currency Pairs
- Majors
- These are the most traded pairs that always include the US dollar and another significant currency. They are known for their liquidity and lower spreads.
- Minors
- These pairs do not include the US dollar but involve other major currencies. They are less liquid compared to majors.
- Exotics
- Composed of one major currency and a currency from a developing economy, these pairs are less commonly traded and can have higher volatility and spreads.
XM’s forex trading conditions are structured to provide a robust and flexible trading environment that accommodates the needs of various traders, enabling both strategic trading and effective risk management.
Cryptocurrency Trading with XM
XM offers a robust cryptocurrency trading platform that is tailored to meet the interests of modern traders looking for exposure to the volatile crypto market. Here’s a detailed overview of the cryptocurrency trading conditions at XM:
Key Trading Features
- Availability
- Cryptocurrency trading at XM is available 24 hours a day, 7 days a week, offering continuous access to the markets. This allows traders to respond to market news and developments instantly, any time of the day or night.
- Commission
- Trading cryptocurrencies at XM comes with zero commissions, reducing the cost of trading and increasing the net returns for traders.
- Leverage
- Traders can use leverage up to 500:1, giving them a significant ability to amplify their trading positions with a relatively small amount of capital.
- Market Positions
- XM allows traders to go long or short on cryptocurrency positions, providing opportunities to profit from both rising and falling market prices.
- Spreads
- The platform offers tight spreads, enhancing the potential for profitability by reducing the cost of trading. For instance, the spread for Bitcoin against the US Dollar (BTCUSD) can be as low as 92.80, which is competitive within the industry.
Invest in Cryptocurrencies with XM
Trading Conditions Specifics
- Trading Platforms
- Cryptocurrencies can be traded on both MetaTrader 4 and MetaTrader 5 platforms at XM, depending on the specific cryptocurrency. This provides flexibility and a choice of interfaces and tools suited to different trading preferences.
- Minimum/Maximum Trade Size
- The minimum trade size for cryptocurrencies varies by asset. For example, you can start trading Bitcoin with a minimum size of 0.01, and go up to a maximum of 80 units.
- Minimum Margin Percentage
- The minimum margin requirements are generally low, starting from 0.2% for BTCUSD, which increases the accessibility of crypto trading to many users.
- Limit and Stop Levels
- XM imposes no limit and stop levels on most cryptocurrencies, giving traders complete control over their trading strategies and the ability to set their risk management tools according to their personal risk appetite.
Additional Considerations
- Hedging
- When you hedge positions on derivatives at XM, the margin is always maintained at 50%, provided your margin level is over 100%. This helps manage risk by requiring enough funds to maintain open positions.
- Weekend Maintenance
- To ensure optimal performance, XM conducts maintenance on its dedicated servers during the weekend, which might temporarily affect cryptocurrency trading availability.
- Instruments Offered
- XM provides a wide range of cryptocurrencies for trading, including popular ones like Bitcoin, Ethereum, and Ripple, as well as other altcoins like Cardano, Dogecoin, and Polkadot. This variety caters to different preferences and trading strategies.
Invest in Cryptocurrencies with XM
Cryptocurrency as an Investment Alternative
Cryptocurrencies at XM are positioned as an attractive alternative investment to traditional forex trading. Given the unique characteristics of cryptocurrencies—including their market independence, high volatility, and potential for significant price movements—they present a lucrative but higher-risk opportunity for traders.
By providing advanced trading tools, 24/7 market access, and a supportive trading environment with enhanced leverage and tight spreads, XM facilitates its clients in exploring the dynamic crypto markets effectively and securely.
Stock Trading with XM
XM provides a dynamic environment for trading stock derivatives, including an innovative offering known as Turbo Stocks. Here’s an overview of the stock trading conditions available at XM:
Stock Derivatives Trading
- Access to Global Markets
- XM offers cost-effective, direct access to global equity markets, allowing traders to engage with a broad array of international stocks.
- Commission-Free
- Trading stock derivatives at XM does not involve any commissions, which can significantly lower trading costs for investors.
- Market Speculation
- Traders have the opportunity to speculate on both uptrends and downtrends in the market, providing the flexibility to profit from rising as well as falling market prices.
- Position Flexibility
- Traders can choose to go long or short based on their market predictions and trading strategies.
- Portfolio Diversification
- Stock derivatives offer a way to diversify trading portfolios beyond traditional forex or commodity investments.
- Fractional Shares
- XM allows trading in fractional shares on stock derivatives, making it accessible for traders to engage with high-value stocks at a fraction of the price.
Turbo Stocks Trading
- High Leverage
- Turbo Stocks at XM can be traded with leverage up to 200:1, enhancing the trading power of investors but also increasing risk.
- Popular Stocks
- Traders can pick from some of the most popular stocks in the market, including big names like Amazon, Apple, and Google.
- Intraday Volatility
- These instruments are ideal for traders looking to capitalize on volatile intraday movements in the stock market.
- Lower Spreads
- XM offers competitive spreads on Turbo Stocks, which can contribute to cost savings over time.
- Daily Expiration
- Turbo Stocks have a daily expiration; all positions are automatically closed at the end of the trading day, and trading resumes at the start of the next day.
Additional Details
- Hedging Margin
- When hedging positions on derivatives, the margin is always 50% if the margin level is over 100%.
- Corporate Actions
- In the event of corporate actions, XM may adjust prices in Turbo Stocks to mitigate the impact on traders’ accounts.
- Trading Platform
- Turbo Stocks are available exclusively on the MetaTrader 5 (MT5) platform, providing advanced trading features and tools.
- Account Types
- Turbo Stocks can be traded under the Standard account type at XM.
Margin and Fees
- Margin Requirement
- The margin for Turbo Stocks is calculated based on the lowest of the account leverage or the specific symbol leverage. For instance, if a client trades with symbol leverage higher than account leverage, the required margin is calculated using the account leverage.
- No Extra Fees
- There are no swap fees or commissions on Turbo Stocks, with the only cost being the spread.
Trading Time and Closure
- Trading Window
- Positions in Turbo Stocks can be opened and closed at any time during the trading day, offering flexibility to respond to market changes swiftly.
- Automatic Closure
- Positions are automatically closed at the end of the trading day at the last available trade price, ensuring all positions are squared off daily.
Through these trading conditions, XM aims to provide traders with a flexible and cost-effective way to engage with the stock market, backed by the robust technical infrastructure of the MT5 platform. This setup is especially suited for those looking to trade on short-term market movements and daily volatilities in prominent global stocks.
Commodity Trading with XM
XM offers a robust platform for trading a variety of commodities, allowing traders to speculate on price movements without the need to physically own the underlying financial instruments. Here’s a detailed look at the commodity trading conditions at XM:
Key Features of Commodity Trading at XM
- No Physical Ownership
- Traders can engage in commodity trading without owning the actual commodities, trading on contract-based instruments instead.
- Global Market Exposure
- Commodity trading at XM offers instant exposure to global economies, allowing traders to participate in the international commodity markets.
- Market Speculation
- Traders have the opportunity to speculate on both rising and falling market prices, with the ability to go long or short.
- Low Entry Barrier
- The platform is accessible even to beginner traders, thanks to low deposit requirements and straightforward trading mechanisms.
- No Exchange Fees
- XM does not charge stock exchange fees on commodity trades, lowering the cost of trading.
Specific Trading Conditions
- Platforms Available
- Commodities at XM can be traded using both MetaTrader 4 and MetaTrader 5 platforms, known for their reliability and range of features.
- Commodities Offered
- XM provides a range of soft commodities for trading, including Cocoa, Coffee, Corn, Cotton, Copper, Soybeans, Sugar, and Wheat.
- Spread and Margin
- Commodities have competitive spreads and a uniform margin requirement of 2%. For instance, the spread for US Sugar No. 11 is as low as 0.0006 USD.
- Trading Size
- The minimum and maximum trade sizes vary depending on the commodity. For example, you can trade US Cocoa in sizes ranging from 1 to 500 metric tons.
- Value of Minimum Price Fluctuation
- This value also varies by commodity, affecting the minimum tick size that a price can move. For Cocoa, it’s 1 USD, and for Copper, it’s 0.2 USD.
Margin Calculations
- Formula
- The margin requirement for commodities is calculated using the formula: Lots * Contract Size * Opening Price * Margin Percentage. This is independent of the leverage of your trading account.
- Hedging Margin
- When hedging positions on commodity derivatives, the margin is fixed at 50% provided the margin level is over 100%.
No Automatic Rollover: XM does not offer automatic rollover for contracts of financial instruments that have an expiration date, meaning traders need to manually manage their positions as contracts approach their expiry.
Benefits of Commodity Trading at XM
- Risk Mitigation
- Investing in commodities can serve as a hedge against inflation and economic uncertainty. Commodity prices often move independently of stock markets, providing an effective diversification for traders’ investment portfolios.
- Historical Significance
- Commodities like sugar, wheat, and corn have been traded for centuries and are staple goods in global economic exchanges, reflecting their sustained demand and market stability.
Commodity trading at XM is designed to cater to a wide range of traders, from novices seeking easy entry into markets, to experienced traders looking for effective ways to diversify their trading strategies across various global markets.
Equity Indices Trading with XM
XM offers a comprehensive trading environment for equity indices that allows traders to access and speculate on global equity markets efficiently. Here’s a detailed overview of the trading conditions for equity indices at XM:
Key Features of Equity Indices Trading at XM
- Global Market Access
- XM provides direct and cost-effective access to global equity markets, making it easier for traders to engage with major indices from around the world.
- High Leverage
- Traders can use leverage up to 500:1 on some indices, enhancing their trading power and potential returns.
- No Additional Fees
- XM does not charge extra fees for trading equity indices, which helps to reduce the overall cost of trading.
- Speculative Opportunities
- Traders can speculate on both upward and downward market trends, with the flexibility to go long or short according to market movements.
- Diversification
- Trading equity indices allows traders to diversify their portfolios beyond individual stocks or commodities.
Invest in Stock Indices with XM
Specific Trading Conditions
- Platforms
- Equity indices can be traded on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing advanced trading tools and features.
- Spread and Margin
- The spreads for trading indices start as low as 0.28 for the Sing30Cash and can vary up to 50.00 for the SA40Cash. Minimum margin requirements are also competitive, with rates as low as 0.2% for some indices.
- Maximum Trade Size and Leverage
- The maximum trade size and leverage vary depending on the index. For example, the GER40Cash offers leverage up to 500 with a maximum trade size of 230, while the HK50Cash offers lower leverage of 67.
Margin Requirements and Hedging
- Calculation
- Margin requirements for equity indices are calculated using the formula: Lots * Contract Size * Opening Price * Margin Percentage. This calculation ensures that traders maintain sufficient funds to cover their positions.
- Hedging
- If traders hedge their positions on equity indices, the margin is always set at 50% provided the margin level is over 100%.
Invest in Stock Indices with XM
Swap Rates and Dividend Adjustments
- Swap Rates
- These are calculated based on the index currency’s relevant interbank rate. Long positions are charged with this rate plus a markup, while short positions receive the rate minus a markup.
- Dividend Adjustments
- Except for the GER40, cash indices derivatives are subject to dividend adjustments. These adjustments are made to the accounts of clients holding a position on the index at the start of the ex-dividend date to reflect changes in index value due to dividends paid by constituent stocks.
Equity Indices Offered
- Variety
- XM offers a wide range of equity indices from various global markets including the US, Europe, Asia, and Africa. Popular indices include US500Cash, GER40Cash, UK100Cash, and ASX200Cash among others.
- Trading Hours
- Equity indices are available for trading according to the market hours of their respective exchanges, providing ample opportunity for traders to engage with the markets.
Trading equity indices with XM is characterized by low costs, high leverage options, and the ability to speculate on global economic trends without the need to invest directly in the stock market. This setup is ideal for traders looking to expand their trading strategies into global equity markets while managing risk through a diversified portfolio approach.
Invest in Stock Indices with XM
Precious Metals Trading with XM
XM offers a solid platform for trading precious metals, notably gold and silver, providing traders with the flexibility to engage with these markets under favorable conditions. Here’s a detailed look at the trading conditions for precious metals at XM:
Key Features of Precious Metals Trading at XM
- Online Trading
- Traders can trade gold and silver online with XM, which ensures speedy execution without requotes.
- Investment Alternative
- Precious metals are viewed as a robust investment alternative to Forex, providing an additional option for portfolio diversification.
- Leverage
- XM allows for trading on leverage up to 1000:1, providing significant potential for profit maximization.
- Trading Direction
- Traders have the flexibility to go short or long, enabling them to make profits from both rising and falling market prices.
- No Extra Fees
- Trading precious metals with XM incurs no additional fees, making it a cost-effective option for traders.
Invest in Precious Metals with XM
Specific Trading Conditions
- Trading Platforms
- Precious metals can be traded using both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms at XM, offering advanced tools and features for market analysis and trading.
- Spreads
- Competitive spreads on precious metals trading, as low as 2.7 pips for gold and 3.3 pips for silver.
- Trading Hours
- Gold and silver trading is available from Monday 01:05 to Friday 23:55 (GMT+2, DST may apply), allowing nearly week-round trading access.
Margin Requirements
- Calculation
- The margin requirement for gold and silver trading is calculated based on the formula: Lots * Contract Size * Market Price / Leverage. This provides clarity on how much capital is needed to hold positions.
- Hedging
- When hedging positions in precious metals, the margin is always set at 50% provided the margin level is over 100%.
Invest in Precious Metals with XM
Swap and Rollover
- Swap Charges
- If positions are held open past the daily closing time, traders must either pay or receive swap, calculated based on the interest rate differences of the involved currencies. This is processed automatically at 00:00 GMT+2.
- No Automatic Rollover
- XM does not offer automatic rollover for new contracts, meaning that traders need to manually manage their positions as contracts near expiration.
Market Insights
- Volatility Factors
- The prices of precious metals like gold and silver can be influenced by various factors, including global financial institutions’ speculation, end-user demand (notably from the jewelry sector), and broader economic performance.
- Historical Context
- Precious metals have been recognized as valuable economic and investment assets historically, used both as currency and in industry, with their markets being highly liquid and globally integrated.
- Risk Management
- Trading in precious metals is often used as a hedge against economic and political uncertainty, providing a form of risk management for investment portfolios.
XM’s precious metals trading services are tailored to both new and experienced traders who are looking for reliable access to the metals markets, with the flexibility to respond swiftly to market changes and the ability to use leverage to enhance potential returns.
Invest in Precious Metals with XM
Energy Trading with XM
XM provides robust conditions for trading energies, focusing on commodities like oil and natural gas, which are known for their high volatility and extensive market activity. Here’s a detailed look at the energy trading conditions available at XM:
Key Features of Energy Trading at XM
- High Volatility
- Energy commodities, particularly oil, exhibit high volatility, which can lead to greater price movement and opportunities for traders to capitalize on rapid market changes.
- Long and Short Trading
- Traders have the flexibility to go long or short based on their market predictions, allowing them to potentially profit from both rising and falling prices.
- Low Margin Requirement
- Trading on energies can be initiated with a margin as low as 5 USD, making it accessible for traders with different capital bases.
- No Overnight Financing on Oil
- XM does not charge overnight financing (swap fees) on oil trades, reducing the cost of holding positions open overnight.
- No Extra Fees
- There are no additional fees charged by XM for trading energies, which helps in keeping trading costs low.
Specific Trading Conditions
- Trading Platforms
- Energies are traded on the MetaTrader 5 (MT5) platform at XM, offering advanced tools and features that are well-suited for trading these high-volatility instruments.
- Spreads and Leverage
- Competitive spreads are offered, as low as 0.03 for both BRENT and OILCash, and 0.012 for NGASCash. Maximum leverage available is 200:1, providing significant trading power.
- Trading Sizes
- Minimum trading sizes start from 0.01 lots, with maximums reaching up to 300 lots for OILCash, 250 for BRENTCash, and 550 for NGASCash, catering to both small and large traders.
Margin and Risk Management
- Margin Calculation
- The margin requirement is calculated using the formula: Lots * Contract Size * Opening Price * Margin Percentage. This calculation helps ensure traders maintain sufficient funds to cover their positions.
- Hedging
- When hedging positions on energy derivatives, the margin is always set at 50% provided the margin level is over 100%.
Market Dynamics and Considerations
- Market Hours
- The energy market is a 24-hour market, allowing traders to respond to global events and market shifts promptly.
- Economic and Political Influences
- Energy prices are significantly influenced by global economic growth, political instability in key energy-producing regions, and environmental factors that can affect supply.
- No Negative Prices Support
- XM’s trading platforms do not support negative prices. In rare events where the price of an energy commodity reaches zero, XM will begin closing open positions at the last available price.
Swap Charges and Rollovers
- Swap Charges
- For positions held open through the weekend, swap is charged for three days to account for Saturday and Sunday when the market is closed.
- No Automatic Rollover
- XM does not offer automatic rollover for energy contracts that reach their expiration date. Open positions on the maturity date are forcibly closed, so traders must manage their positions accordingly.
Through these trading conditions, XM aims to provide an efficient and trader-friendly environment for engaging with the volatile energy market, offering tools and conditions that cater to both speculative and hedging strategies.
Trading Conditions of XM Platforms
XM offers a comprehensive trading environment with a focus on efficient execution and flexible trading conditions. Here’s a detailed look at XM’s trading conditions based on the provided information:
Execution
- Ultra-fast Trade Execution
- XM prides itself on the speed of its trade execution, with 99.35% of all orders executed in less than one second, ensuring that traders can take advantage of fast-moving market conditions without delays.
- No Re-quotes and No Order Rejections
- XM has a strict policy against re-quotes and rejections, maintaining a 100% execution rate. This policy ensures that trades are executed at the expected prices without any manipulation.
- Real-Time Market Execution
- Orders are executed in real-time, allowing traders to benefit from every possible market opportunity.
- Diverse Order Types
- XM supports a variety of order types including market, limit, stop, and trailing stop orders, providing traders with flexibility in their trading strategies.
- Telephone Trading
- For those who prefer or need to place orders by phone, XM facilitates this with direct access to dealers.
Trading Cost
- Spreads
- XM offers tight spreads as low as 0.6 pips on major currency pairs, which can significantly lower the cost of trading.
- Fractional Pip Pricing
- With fractional pip pricing, XM provides highly accurate quoting, allowing traders to benefit from the smallest price movements.
- No Hidden Fees
- There are no hidden fees in XM’s pricing structure, making it transparent and straightforward for traders.
Leverage
- Flexible Leverage
- Leverage at XM can range from 1:1 to 1000:1, giving traders the ability to choose their risk level. This flexibility can significantly increase the potential for profit, though it also increases risk.
- Negative Balance Protection
- XM offers negative balance protection, ensuring that traders cannot lose more than their account balance.
- Real-Time Risk Exposure Monitoring
- XM provides tools to monitor risk exposure in real-time, helping traders manage their positions more effectively.
Margin and Risk Management
- Dynamic Margin
- XM uses a dynamic margin system which adjusts according to the total equity of the account and the market conditions.
- Hedging
- When hedging, the margin requirement can be reduced to zero, which allows opening positions in the opposite direction without additional margin requirements.
Rollover and Swaps
- Competitive Swap Rates
- XM offers competitive swap rates, which are the interest differential between the two currencies in a pair. These rates are credited or debited from the account based on the positions held overnight.
- 3-day Rollover Strategy
- Swaps are charged triple for positions held open over the weekend to cover the Saturday and Sunday when the market is closed.
Market Hours and Access
- 24-Hour Trading
- XM enables trading from Sunday 22:05 GMT to Friday 21:50 GMT, covering all global forex market hours.
- 24/7 Customer Support
- XM provides around-the-clock customer support to assist traders with any technical issues or queries about their accounts.
XM’s trading conditions are designed to meet the needs of various traders, from beginners to more experienced professionals, offering a blend of fast execution, low cost, high flexibility, and advanced tools for risk management. These features make XM a competitive choice for traders looking to engage in forex and various other financial markets.
XM’s MT4 Platform
XM’s MT4 (MetaTrader 4) platform offers a robust and user-friendly trading environment tailored for retail foreign exchange and CFD traders. Here’s a detailed overview of the MT4 platform provided by XM:
Key Advantages of XM MT4
- No Requotes and No Rejections
- XM implements a strict no requotes and no rejections policy, ensuring that trades are executed without delay or modification.
- Flexible Leverage
- Traders can use leverage ranging from 1:1 to 1000:1, allowing significant flexibility in managing trading risk and potential profit.
Features of XM MT4
- Comprehensive Instrument Range
- Over 1000 trading instruments available including Forex, Cryptocurrencies, CFDs, and Futures.
- Single Login for Multiple Platforms
- Access up to 8 different platforms with one login, enhancing the trading experience by allowing seamless switching between devices and platforms.
- Low Spreads
- Offers spreads as low as 0.6 pips, reducing transaction costs for traders.
- Full EA Functionality
- Supports the use of Expert Advisors (EAs), allowing automated trading based on customized trading strategies.
- Advanced Technical Analysis Tools
- Comes equipped with 50 indicators and various charting tools to help traders analyze market trends and make informed decisions.
- Diverse Trading Operations
- Supports market, limit, stop, and trailing stop orders, providing traders with a variety of ways to manage their trading activities effectively.
Installation and Setup
- Easy Installation Process
- XM MT4 can be downloaded directly from XM’s website and installed by running the .exe file. The setup process includes entering login credentials for either real or demo accounts.
- Cross-Platform Accessibility
- XM MT4 is available for Windows, Mac, iPhone, iPad, Android phones, and Android tablets, ensuring traders can operate across different devices according to their preferences.
Trading Functions
- One-Click Trading
- Allows for faster execution of trades directly from the chart, which is critical in fast-moving markets.
- Custom Indicators and Scripts
- Traders can create their own custom indicators and scripts, enhancing flexibility and the ability to tailor the platform to individual trading styles.
- Historical Data Analysis
- MT4 provides comprehensive historical data management, enabling traders to back-test strategies using past market data.
System Requirements
- For Windows
- Requires Microsoft Windows 10 or higher, at least 2 core CPU, 4GB RAM, 50GB SSD, and a stable internet connection.
- For Mac
- Compatible with macOS without the need for additional software like Boot Camp or Parallels Desktop.
Security and Reliability
- Data Security
- Guarantees full data backup and security to protect traders’ information and trading activities.
- VPS Functionality
- Offers Virtual Private Server (VPS) services to ensure that EAs and other automated trading strategies run continuously without interruption.
Learning and Support
- Built-in Help Guides:
- Includes comprehensive help guides for both MetaTrader 4 and MetaQuotes Language 4, aiding new traders in getting acquainted with the platform.
- 24/7 Customer Support:
- XM provides round-the-clock support to address technical difficulties and assist with trading operations, enhancing the reliability of the trading experience.
XM’s MT4 platform is designed to cater to the needs of modern traders by combining advanced trading capabilities with user-friendly features and robust security measures. This makes it a popular choice among traders looking for an efficient and versatile trading environment.
XM’s MT5 Platform
XM’s MetaTrader 5 (MT5) platform builds upon the capabilities of its predecessor, MT4, by introducing additional financial instruments and enhanced functionality. Here’s a detailed explanation of the MT5 platform provided by XM:
XM MT5: A Multi-Asset Trading Platform
XM’s MT5 platform is designed to cater to traders who require access to a broader range of financial instruments. Unlike MT4, which is predominantly focused on Forex and CFD trading, MT5 allows trading in more than 1000 instruments including:
- Stock CFDs
- Stock Indices CFDs
- Forex
- CFDs on Cryptocurrencies
- CFDs on Precious Metals
- CFDs on Energies
This makes MT5 a comprehensive multi-asset trading platform suitable for traders looking to diversify their trading strategies across various markets.
Features of XM MT5
- Single Login Access to 9 Platforms
- Streamlines the process of switching between different platforms and devices, offering a seamless trading experience.
- Advanced Trading Tools
- Includes over 80 technical analysis objects and more than 100 charts can be displayed simultaneously, catering to the detailed analysis needs of advanced traders.
- Full Expert Advisor (EA) Functionality
- Like MT4, MT5 supports automated trading using EAs, which helps traders implement their trading strategies using algorithms.
- Market Depth Information
- Displays levels of prices at which there are open buy and sell orders, a feature particularly useful for understanding market dynamics and making informed trading decisions.
- All Order Types Supported
- MT5 supports all types of trade orders including market, pending, and stop orders, giving traders complete control over their trading activities.
Installation and Accessibility
- Simple Installation Process
- To start using MT5, traders can download and install the software directly from XM’s website, allowing quick access to the trading platform.
- Cross-Platform Trading
- MT5 is available on Windows, Mac, Web (for both Windows and Mac), and mobile (iOS and Android), ensuring traders can monitor and execute trades from anywhere.
System Requirements
- Operating System
- Microsoft Windows 10 or higher is recommended for optimal performance.
- Hardware
- The platform runs best on a machine with at least a 4-core CPU, 8GB of RAM, and 50GB SSD, along with a stable internet connection to manage the data-intensive tasks.
Trading on MT5
- Diverse Trading Functions
- With features like one-click trading, traders can execute trades quickly and efficiently, which is critical in volatile markets.
- Risk Management
- MT5 allows hedging, which lets traders open positions in opposing directions to mitigate risk.
Mobile and Web Trading
- MT5 for Mobile and Tablets:
- Provides full account functionality, allowing traders to access financial markets, execute orders, and manage their accounts from their mobile devices.
- WebTrader:
- Enables trading directly from a web browser without the need for any downloads, which is convenient for those who prefer not to install software on their devices.
How to Get Started
- Opening an Account: Traders need to open an MT5 trading account as MT4 accounts are not compatible with the MT5 platform. This can be done easily through XM’s website.
- Verification and Setup: Existing XM clients can add an MT5 account via the Members Area without needing to resubmit verification documents. New clients will need to provide the necessary documentation.
XM’s MT5 platform offers a sophisticated, yet user-friendly trading environment with access to a wide range of financial instruments. Its multi-asset capabilities, combined with advanced trading tools and easy accessibility, make it a superior choice for traders looking to explore beyond Forex into stocks, commodities, and other markets.
XM’s Mobile app
The XM mobile app offers a flexible and efficient trading experience, tailored for traders who need access and management of their trading accounts on-the-go. Here’s a detailed look at the various features and functionalities of the XM mobile app:
Key Features of the XM App
- Comprehensive Trading Instruments:
- Users can trade a wide range of instruments including Forex, CFDs on cryptocurrencies, commodities, stocks, stock indices, precious metals, and energies.
- Instant Order Execution:
- The app provides immediate execution of trades without requotes, ensuring swift trading actions.
- Account Management:
- Traders can customize their accounts directly within the app, facilitating mobile deposits and withdrawals, which simplifies account funding and profit taking.
- Advanced Charting and Analysis Tools:
- The app includes advanced charting capabilities with more than 90 trading indicators, helping traders perform detailed technical analysis directly from their mobile device.
- Latest Market Data and News:
- Traders receive up-to-the-minute market news and analysis, helping them stay informed of market trends and make educated trading decisions.
How to Get Started with the XM App
- Downloading the App: The app is available on both Apple App Store and Google Play Store. Simply search for “XM” to find and download the app.
- Account Setup: New users can register directly through the app, while existing users can log in using their credentials. The registration process is streamlined, with verification steps that can be completed directly within the app.
- Trading: Once logged in and verified, traders can start trading immediately. The app supports both demo and live trading accounts, allowing newcomers to practice without risk.
Integration with MT4 and MT5
- Platform Compatibility:
- The XM app seamlessly integrates with both MetaTrader 4 and MetaTrader 5 platforms. Traders can log in using their MT4 or MT5 account credentials and manage their trading accounts through the mobile app.
- Account Verification:
- Existing XM clients can open additional MT4 or MT5 accounts without re-submitting verification documents, making the process quicker and more convenient.
Additional Functionalities
- Educational Resources:
- XM provides comprehensive educational materials through the app, including webinars, live trading sessions, and daily market news, which are invaluable for both beginner and advanced traders.
- Copy Trading:
- The app offers copy trading features, allowing users to mimic the trades of experienced traders. This is a great tool for beginners looking to learn from seasoned traders.
- Trading Competitions:
- For those looking to test their trading skills against others, XM offers trading competitions with withdrawable cash prizes, accessible directly through the app.
- Customer Support:
- XM’s mobile app also provides access to multi-lingual customer support, ensuring that traders can receive help whenever needed.
Why Choose the XM App?
- User-Friendly Interface:
- The app is designed with a focus on user experience, making it accessible for traders of all skill levels.
- Security:
- Ensuring the security of trader’s funds and information is a priority, and the XM app incorporates advanced security features to protect its users.
- Flexibility:
- With support for a wide range of trading instruments and direct integration with MT4 and MT5, it offers a versatile trading experience that meets the needs of diverse traders.
The XM mobile app is a powerful trading tool that combines functionality, comprehensive features, and user accessibility, making it an excellent choice for traders looking to manage their investments from anywhere, at any time.
XM Copy Trading
XM’s Copy Trading platform provides an innovative way for traders to engage with the markets by allowing them to follow the strategies of more experienced traders. Here are the key features and benefits of the XM Copy Trading system:
Features of XM Copy Trading
- Diverse Trading Instruments:
- The platform supports a variety of instruments including Forex, indices, cryptocurrencies, algorithmic strategies, and commodities.
- Copy Strategies Easily:
- Traders can copy strategies from others without fees and only pay a portion of their profits if the strategies are successful.
- Extensive Strategy Options:
- With access to over 4,000 strategies, traders can use filters to find the right strategies that match their investment goals.
- High Engagement:
- The platform sees over 150,000 trades executed daily, indicating a high level of activity and engagement among its users.
Benefits for Investors
- Learn from Experts:
- New and less experienced traders can benefit from the expertise of more skilled traders by copying their strategies.
- Simple and Direct Setup:
- Joining XM Copy Trading is straightforward. New users can create and verify their account, choose to invest, and start copying strategies immediately.
- Real-Time Replication:
- Any trades that strategy managers execute are automatically replicated in the investor’s portfolio, ensuring they can capitalize on successful strategies promptly.
Benefits for Strategy Managers
- Monetize Trading Strategies:
- Skilled traders can earn a profit share by making their successful trading strategies available to others.
- Large Audience:
- Strategy managers have access to a vast pool of over 10 million clients, increasing the potential for adoption of their strategies.
- Instant Profit Credits:
- Earnings from successful strategy management are credited immediately to the manager’s account, facilitating quick access to rewards.
Community and Support
- Thriving Community:
- XM’s platform hosts a dynamic community of over 100,000 clients who engage with each other, share insights, and learn together.
- Multi-Platform Support:
- Whether using a desktop or mobile devices like iOS and Android, traders have seamless access to the platform.
- Comprehensive Support:
- Traders can ask questions, gain trading insights, and access a wide range of educational resources to enhance their trading skills.
Getting Started
Three-step Registration: The process involves creating and verifying an account, signing up as either an investor or a strategy manager, and then beginning to copy or share trading strategies.
Suitability for New Traders
Ideal for Beginners: XM Copy Trading is designed to be intuitive and user-friendly, making it an excellent choice for newcomers who can learn by copying the trades of experienced traders while they build their own trading acumen.
XM’s Copy Trading platform not only broadens the trading experience for both new and experienced traders but also enhances the potential for earning through collaborative and strategic trading efforts within a vast community. This approach democratizes trading by making expert strategies accessible to newcomers and providing a platform for skilled traders to share and monetize their knowledge.
How to Open an Account and Participate in Bonus Promotions at XM in 5 Steps
- Create and Verify an Account:
-
- Visit the XM website and select your preferred account type (e.g., Standard, Micro, XM Zero).
- Complete the registration form with your personal details.
- Verify your account by submitting the necessary identification documents.
- Claim the No Deposit Bonus:
-
- After verification, log into the Members Area.
- Navigate to the Bonus section and claim the €25 trading bonus. Complete the required voice verification if necessary.
- Make a Deposit for Deposit Bonus:
-
- To receive the deposit bonus, make a deposit through the XM Members Area.
- The bonus is split into two tiers: a 50% bonus up to $500 and a 20% bonus up to $4,500. The bonus is automatically credited to your account.
- Participate in Promotions and Competitions:
-
- Join XM’s trading competitions, available for both demo and real accounts, to win cash prizes. Sign up for competitions through the platform and trade according to the rules.
- Engage in the Loyalty Program to earn XM Points for each lot traded, redeemable for trading bonuses.
- Utilize Additional Services:
-
- Request a Free VPS service if you meet the eligibility criteria (minimum balance of $500 and trade at least 2 standard round turn lots monthly).
- Refer friends through the “Refer a Friend” program to earn up to $70 per successful referral.
By following these steps, you can fully engage in XM’s trading environment and take advantage of their promotional offerings.
FAQs about XM’s Bonus Promotions
- What is the XM €25 Trading Bonus?
- The €25 Trading Bonus is a promotional credit offered to new clients to start trading without an initial deposit. This bonus is equivalent to various currencies and is automatically credited to your account.
- Can the €25 Trading Bonus be withdrawn?
- No, the €25 trading bonus itself cannot be withdrawn; however, any profits earned from trading with this bonus can be withdrawn.
- Who is eligible for the €25 Trading Bonus?
- This bonus is available to all new clients who open an XM Real Account for the first time.
- How do I claim the €25 Trading Bonus?
- To claim the bonus, open a Real Account, log in to the Members Area, verify your account, and complete the voice verification process as instructed.
- What are the terms of the deposit bonuses offered by XM?
- XM offers a two-tier deposit bonus: 50% up to $500 and 20% up to $4,500. These bonuses are applied to your deposits but are not withdrawable; only the profits can be withdrawn.
- Who can claim the deposit bonuses?
- All clients who deposit funds into their trading accounts can claim the deposit bonuses, except those with Ultra Low Micro and Ultra Low Standard accounts.
- What happens if I withdraw funds from my account with a trading bonus?
- Any withdrawal of funds will result in the proportional removal of your trading bonus.
- Can I participate in XM Social Competitions without any entry fees?
- Yes, XM offers both Demo and Real account competitions that you can join without any entry fees and have a chance to win withdrawable cash prizes.
- How is performance measured in XM competitions?
- Performance is calculated using a formula that considers the current equity, initial equity, deposits, and withdrawals to determine your ranking among other competitors.
- What is XM’s Loyalty Program?
- XM’s Loyalty Program rewards traders with XM Points (XMP) for each lot traded, which can be redeemed for credit bonuses. The program has four levels: Executive, Gold, Diamond, and Elite.
- How can XM Points be used?
- XM Points can be redeemed for trading credit bonuses at any time without restrictions. The conversion rate is XMP divided by 3.
- What is the XM VPS service?
- The XM VPS (Virtual Private Server) service allows you to enhance your trading execution speeds by connecting remotely to a server located near XM data centers, ideal for running Expert Advisors.
- Who is eligible for the free XM VPS service?
- Clients with a minimum balance of $500 who trade at least 2 standard lots per month are eligible for free VPS. Others can subscribe for a monthly fee.
- How do I refer a friend to XM?
- You can refer friends through your Members Area by sharing a unique referral URL or via email. You earn a cash reward for each friend who successfully opens an account and trades a specified amount.
- How are rewards from the Refer a Friend program withdrawn?
- Rewards are credited to your MyWallet account and can be withdrawn or transferred to your trading account each Sunday at 7:00 UTC.
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!