✅Review【XM Forex】broker is scam or safe? Fee、App、pros、cons
- Free online course
- Create multiple sub account
- Low withdraw fee
- Availability of Live Chat
- Customer-friendly layout
- Supporting Android and iOS
- Copytrading
- Only MT4 MT5
- less ETF stock
- High Indices spread
What is XM?
Since the beginning of XM in 2009, over 2,500,000 customers have been registered with the company. This allowed XM to become a large and recognizable investment company and take a leading position in the industry. Today, over 450 specialists with rich experience in finance work in XM.
Awards Safe or a scam?
We have checked that XM is subject to national/regional and government regulations, so it is also suitable for safe transactions and negative balance protection. Therefore, if your loss exceeds your deposit, your loss of funds will not exceed your own capital, if In the event of certain uncontrollable market risks, you will not need to pay additional losses in excess of the principal
CySEC (Europe): Company Registration Number: 120/10
FCA(UK): Company Registration Number:705428
IFSC(Belize): Company Registration Number:/60/354/TS/19
Leverage
CySEC (Europe) & FCA(UK):
- x30 for major currency pairs
- x10 for commodities
- x5 for CFD stocks
- x2 for Cryptocurrencies
IFSC(Belize):
- x888 for major currency pairs
- x25 for commodities
- x20 for CFD stocks
- x5 for Cryptocurrencies
Trading fees
No Stock Trading fee
Stock and ETF spread 0.09%
Forex spread is between 1~3 pip
Deposits and Withdrawal
Minimum deposit :5 $ fee are 0 %
amount is only 5$ allowing to open either Micro Account or a Standard One, in case you wish to trade with Zero account minimum deposit is competitive also, demanding 100$ as a start. However, the amount varies according to the chosen payment method and trading account validation status. Yet, you can read and find all the necessary info in the Members Area.
list of support deposit:
| Deposit/Withdrawal method | Currency | Fee |
|---|---|---|
| Mastercard | USD, EUR | 0% |
| Visa | USD, EUR | 0% |
| Bank transfer | USD, EUR | According to bank charges |
| China Union Pay (CUP) | CNY | 0% |
| NETELLER | USD, EUR, INR, BRL | 0% |
| Skrill | USD, EUR | 0% |
| BTC | USD | 0% |
| USDT | USDT | 0% |
Minimum Withdrawal: 1$ fee is 0$
no matter how much money you withdraw is Free each time, but by wire, transfer bank could be taking up to 20 $ this has taken by the bank
withdrawal is spending 3~8 days by wire transfer
withdrawal is spending 3~5 days by Credit card depend bank working days
Trading Platform
XM Forex’s trading platform is characterized by transparency, featuring a straightforward fee structure and real-time market information. Traders can focus on their strategies without concerns about hidden costs, fostering a transparent and trustworthy trading environment.
In addition to its core features, XM Forex’s platform incorporates innovative solutions such as social trading, enabling users to follow and replicate the strategies of successful traders. This feature promotes collaboration and knowledge-sharing within the XM Forex community.
XM support MT4 & MT5 and also able use Web – Trading system
Customer Service
Xm offer more than 25 languages for customer service including Chinese, Russian, Hindi, Arabic, Portuguese, Thai, Tagalog and more languages.
Customer service available 24h 5 days a week and available for your concerns and answers either through email, phone or live chat. Also, we found that service is a good quality with reliable answers, which confirms again XM’s client-oriented policy.
Education
Along with great customer service, every client can access numerous educational materials through XM Learning Center with trading data and other necessary information that brings trading to a better level. In this regard, XM went also far and beyond with great respect and wide education support throughout various regions with the purpose to educate traders.
Indeed, you should never skip the education and your personal improvement, as those who have data can make much smarter decisions and will support your strives in this regard too.
With XM you may count on a quality learning defined also by your level, which includes Live Education offerings, Educational Videos, Forex Webinars, and regularly held Forex
Seminars in various destinations. In addition, there are very well-organized tutorials, videos, and tools at your disposal.
XM is a forex trading platform that offers a range of educational resources to help traders improve their knowledge and skills. These resources include webinars, seminars, e-books, video tutorials, and a forex glossary, covering topics such as market analysis, technical analysis, fundamental analysis, trading psychology, and risk management.
One of the main benefits of the educational resources offered by XM is that they are designed to be accessible to traders of all levels of experience. Beginners can learn the basics of forex trading, while more advanced traders can deepen their understanding of more complex topics.
XM also offers a demo account that allows traders to practice their skills in a risk-free environment. This can be a valuable tool for new traders who want to test their strategies before committing real funds.
In addition, XM offers a range of trading tools to help traders make informed trading decisions. These include real-time market analysis, economic calendars, and trading signals.
XM is also committed to providing high-quality customer support, with a team of multilingual professionals available 24/5 to answer traders’ questions and provide assistance.
Overall, the educational resources offered by XM are a valuable resource for traders who want to improve their skills and knowledge of forex trading. The range of resources and tools available, combined with the accessibility of the platform and the high-quality customer support, make it a popular choice for traders of all levels of experience.
Research Conclusion
So why people should choice XM as well as trading platform? here reason why u should choose this
- friendly and fast responsive Customer Service
- friendly Ul
- Early Education for beginner which is don’t know what’s Fx. compare other trading platform
- daily report every day in email and also free to join any online teacher course
Summary
XM offers low spread and more 25 language service support, no re-requotes and no hidden fees or commissions policy, as well Negative balance protection, brings very comfortable as well the strict real-time market execution policy, making very welcomed among trading offering. So, one of the most generous proposals in terms of costs, trading conditions, and opportunities overall make XM a truly human broker.
More Trading Broker Platform You Might Interesting
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Since the beginning of XM in 2009, over 2,500,000 customers have been registered with the company. This allowed XM to become a large and recognizable investment company and take a leading position in the industry. Today, over 450 specialists with rich experience in finance work in XM.
- Free online course
- Create multiple sub account
- Low withdraw fee
- Availability of Live Chat
- Customer-friendly layout
- Supporting Android and iOS
- Copytrading
- Only MT4 MT5
- less ETF stock
- High Indices spread
As a financial broker, Libertex offers a range of investment products for specific goals, including traditional and cryptocurrency trading options. It is a trustworthy brand with more than 20 years of market experience and investment know-how. You can rely on them to help make the most of your money, whether it’s your savings or your investments.
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Firstrade is an app for traders of all knowledge levels, flexibility and representation. The app feature function and versatility make it suitable for all types of traders. The app offers many different screens, order entry and functions, as well as an easy-to-navigate interface. The trading app is accessible by both web and mobile. Firstrade also makes it easy to keep track of your trading records, compare your trades to the market, and more.
- Nice Trading app
- fully regulated by U.S government
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overall we talking about VanTage FX it's worth to use ? for first level regulation they getting reducing leverage low as 30 below , but in VanTage FX you can feel free flexible change your regulation between second level regulation up to 500 leverage , Overall VanTage FX are in list
- Various deposits way
- Support Copy Trade
- Fully and Free education
- Free VPS
- Only English education
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Reference
Specification: ✅Review【XM Forex】broker is scam or safe? Fee、App、pros、cons
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Good job! Thank you XM for this amazing app. I find it very useful. I recommand to all traders to give it a try, they will not regret.
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