Trading here has been enlightening, it’s an easy going broker with great conditions and cool deals. I started trading here 7 months ago and I am still amazed with the quality services and fast execution speed.
im not impressed by the xm services as expected. for example, it's really cool that they run competitions among traders with a very big prize pool, without any entry fees, but it's impossible to take any palce if you are an average trader. pros take highest positions... i wish there was smth like competitions for beginners only, like... you know.
I will start from the beginning. I opened a real trading account with XM last week and the registration procedure is just as I expected it to be: simple and quick. This is proof of its advanced infrastructure. My account was verified and approved the same day after I filled out the forms and uploaded the necessary KYC documents. I opted for the Ultra Low account type, and I think this is the best one currently available. I trade mostly JPY pairs, and if you do so, you better check out the trading terms. What I like the most is the absence of swap fees, for all traders, not only islamic accounts. I usually keep my JPY trades open for a longer time, days and sometimes weeks, and the swap fees can add up. By switching to XM, I have reduced the trading costs.
That’s a reliable broker that works with your requests and withdrawals meticulously. And it is important as they connect you with a lot of markets and entry threshold is only from five dollars.
Decided to star ttrading with xm recently and it didn't impress me much, to be honest. I thought it would be one of the toppest brokers out here with the most competitive conditions, but it's not like that. Xm app leaves much to be desired, Mt is better in this case. Plus not all assets rae free of swaps on ultra low - it's a pity. BUT, big plus the broker is credible
The leverage is just too high... It is flexible, but it give traders a leverage that would encourage them to take unnecessary risks. Trading on its own carries considerable risk, and then when combined with a leverage that high... it almost makes no sense. Imagine trading GBPUSD with a 1000x... good luck. If you chose to use the broker, make sure you use a max of 1:100. That is high enough. But other the broker is good overall. They have a lot of trading instruments available for traders to use.
Broker trading conditions, market range, and withdrawal payment methods can be debated, but a broker's customer support is either good or bad. XM is known for having one of the best customer support among brokers, and I can attest to it. Also, If you think you won't need to contact them, you are mistaken. At one point every trader must reach out to them.
I waas a complete novice in the traing sphere, but I had the desire to learn, and I stumbled upon their website. It is very professional-looking and their webinars were pretty helpful. I think their Learning center is one of the biggest things about them, this seems to be a broker for newer people. Even their minimum deposit says as much. My trouble is, they produce too much content. For me, I can't even consume it all. Every freaking day, from Monday to Friday. They even have a beginner room and an advanced room (always go for advanced, for beginners they explain stuff like what is crypto, entry-exit strategies, finding simple patterns etc). If you want to watch ALL of their content, its a full-time job. I can't handle it. 8 hours for beginners + 8 hours for advanced stuff lol.
They are regulated by a variety of organizations in different jurisdictions and it indicates their reliability. At least, I was taught to make conclusions based on licenses and reviews. Reviews are also of different sentiment, but the average one is positive. Traders express their gratitude to the broker for being a robust and technically-equipped platform. I am trading on the demo account and due to their educational stuff I am gradually improving my skills. I apply received knowledge in practice, use various indicators, try to create a good strategy and it's awesome. Keep it up, XM!
As far as I know XM broker has been operating in the financial sector for a long time and they have a lot of licenses from international regulators which make me trust them fully. That’s a key point why I chose them. However, I think their trading platform does not have many features for effective trading, I don’t know what other traders think but personally for me there are not many tools.
Trading here has been enlightening, it’s an easy going broker with great conditions and cool deals. I started trading here 7 months ago and I am still amazed with the quality services and fast execution speed.
im not impressed by the xm services as expected. for example, it's really cool that they run competitions among traders with a very big prize pool, without any entry fees, but it's impossible to take any palce if you are an average trader. pros take highest positions... i wish there was smth like competitions for beginners only, like... you know.
I will start from the beginning. I opened a real trading account with XM last week and the registration procedure is just as I expected it to be: simple and quick. This is proof of its advanced infrastructure. My account was verified and approved the same day after I filled out the forms and uploaded the necessary KYC documents. I opted for the Ultra Low account type, and I think this is the best one currently available. I trade mostly JPY pairs, and if you do so, you better check out the trading terms. What I like the most is the absence of swap fees, for all traders, not only islamic accounts. I usually keep my JPY trades open for a longer time, days and sometimes weeks, and the swap fees can add up. By switching to XM, I have reduced the trading costs.
That’s a reliable broker that works with your requests and withdrawals meticulously. And it is important as they connect you with a lot of markets and entry threshold is only from five dollars.
Decided to star ttrading with xm recently and it didn't impress me much, to be honest. I thought it would be one of the toppest brokers out here with the most competitive conditions, but it's not like that. Xm app leaves much to be desired, Mt is better in this case. Plus not all assets rae free of swaps on ultra low - it's a pity. BUT, big plus the broker is credible
The leverage is just too high... It is flexible, but it give traders a leverage that would encourage them to take unnecessary risks. Trading on its own carries considerable risk, and then when combined with a leverage that high... it almost makes no sense. Imagine trading GBPUSD with a 1000x... good luck. If you chose to use the broker, make sure you use a max of 1:100. That is high enough. But other the broker is good overall. They have a lot of trading instruments available for traders to use.
Broker trading conditions, market range, and withdrawal payment methods can be debated, but a broker's customer support is either good or bad. XM is known for having one of the best customer support among brokers, and I can attest to it. Also, If you think you won't need to contact them, you are mistaken. At one point every trader must reach out to them.
I waas a complete novice in the traing sphere, but I had the desire to learn, and I stumbled upon their website. It is very professional-looking and their webinars were pretty helpful. I think their Learning center is one of the biggest things about them, this seems to be a broker for newer people. Even their minimum deposit says as much. My trouble is, they produce too much content. For me, I can't even consume it all. Every freaking day, from Monday to Friday. They even have a beginner room and an advanced room (always go for advanced, for beginners they explain stuff like what is crypto, entry-exit strategies, finding simple patterns etc). If you want to watch ALL of their content, its a full-time job. I can't handle it. 8 hours for beginners + 8 hours for advanced stuff lol.
They are regulated by a variety of organizations in different jurisdictions and it indicates their reliability. At least, I was taught to make conclusions based on licenses and reviews. Reviews are also of different sentiment, but the average one is positive. Traders express their gratitude to the broker for being a robust and technically-equipped platform. I am trading on the demo account and due to their educational stuff I am gradually improving my skills. I apply received knowledge in practice, use various indicators, try to create a good strategy and it's awesome. Keep it up, XM!
As far as I know XM broker has been operating in the financial sector for a long time and they have a lot of licenses from international regulators which make me trust them fully. That’s a key point why I chose them. However, I think their trading platform does not have many features for effective trading, I don’t know what other traders think but personally for me there are not many tools.