How to start trading Forex (FX) with XM MT4 and MT5?

How to start trading Forex with XM?

By opening a trading account with XM, you can start trading Forex and CFDs online.

As a trader of XM, you can access 2 of the most popular trading platforms in the world, MT4 and MT5, and trade any time and anywhere.

The account opening is free and may only take a few minutes to complete.

To open a Forex (and CFD) trading account, go to the account opening page of XM and fill in the online form.

Go to XM Trading’s Account Opening Page

Benefits of Forex Trading with XM Trading:

• 55+ Currency Pairs-Major Cross and Exotic Currencies
• 24 hours a day, 5 days a week
• Maximum leverage 888:1
• No tight spread
• Trading in the world’s most liquid market
• Trading without hidden fees

Trade Forex, Precious Metals, Energy and Stock Indexes from One Account Access 16 trading platforms from one account.

Open XM’s Trading Account

What is Forex trading?

Forex Margin Trading , Currency Margin Trading, Forex Trading, all of which represent today’s forex trading markets, including abbreviations, in short, individuals, companies and financial institutions exchanging currencies with each other at variable rates. Refers to a global decentralized market that competes with each other.

Today’s currency fluctuation systems were adopted after World War II and have continued to be used since then. Prior to the adoption of the current FX trading rate system, a currency management system called the Bretton Woods Agreement was used, and the trading prices of each other’s currencies were correlated by linking them to the amount of gold held between the two countries. , The actual transaction price was determined based on the amount of gold held.

Go to XM’s Official Website

Trading Forex through XM’s MT4 and MT5

The Forex trading market is today the largest and most liquid market in the world. It is due to the fact that the world has become more accessible due to multiple factors such as the convenience of transactions using the Internet, the development of transportation in recent years, the development of international communication, and modern transportation. ..

As the world evolves closer and more globally, people, goods and services are inevitably faster and easier to move around. This will increase the need to exchange currencies with each other, and all of these factors will ensure that the Forex trading market has grown steadily and is expected to continue to grow even more dynamic, fluid and sensitive.

Of the major participants in the trading market, the fastest growing group of all market participants has the ultimate goal of profiting from currency fluctuations (market fluctuations), primarily for speculative reasons or preferably. Individual investors who participate for the purpose of hedging no currency risk.

This category of traders participates in the Forex trading market through brokers (such as XMTrading) and banks. In this case, the bank or broker will issue a trading account to the individual customer to deposit funds in the base currency (usually the currency of the customer’s place of residence), and the customer will use the currency for the purpose of making profits online and over the phone. You can buy and sell.

Participating in the Forex trading market through a broker such as XMTrading means that the customer has access to the real-time prices of the Forex market and quotes the selling and buying prices of many financial instruments through the online trading platform . Customers can decide at what price to sell or buy, and can trade at any time.

Start Trading Forex with XM