XM Trader Review

XM is one of the largest and most respected names in the Forex market. Despite its size, XM offers low spreads, excellent leverage, and a wide selection of assets. Its goal is to educate and upskill its clients. In addition to trading, XM offers precious metals, stocks, commodities, and energy.

XM has a substantial client base. Over 2.5 million customers are located in 196 countries. The customer support department is available 24 hours a day. You can contact the XM customer service team by email, phone, or live chat. They speak more than 30 languages, making it easy to find assistance.

XM"s website contains a variety of informative and educational content, including real-time technical analysis. The site also provides trade ideas, news, and webinars. There are several videos aimed at helping novice traders learn more about the market. These include videos on technical and fundamental analysis, money management, and trading strategies. Each video is broken down into beginner, intermediate, and advanced levels.

XM offers a comprehensive loyalty program. You can earn XM Points every time you make a trade. Once you accumulate enough XM Points, you can redeem them for a credit bonus. This credit bonus is then used to withdraw your winnings. For example, you can get a $30 non-deposit bonus and use it to trade. Alternatively, you can take advantage of a two-tier deposit bonus.

XM offers several different account types. You can choose from a standard account, an ultra-low account, a micro account, and a shares account. You can also select a leverage level that will suit your needs. Leverage ranges from 1:1 to 888:1. Using a higher leverage level will bring you more profits, but it also comes with greater risk.

If you want to withdraw from your account, you can do so via the same methods you use to deposit. However, there is a $15 administration fee. Additionally, if you are registered as a client with an EU regulated entity, you may not qualify for any bonuses. Traders should consider this before making a withdrawal.

To sign up for a new account, you will need to provide some basic information. You will then be able to choose a platform, leverage, and lot size. As a new client, you will receive a $30 non-deposit trading bonus.

XM is a top-rated broker that maintains its high reputation by listening to its clients. It has conducted hundreds of seminars and holds meetings in a number of locations around the world. When you sign up with XM, you"ll have access to a customer service department that is available to help you with all of your issues. You can also access the XM Foundation page, which offers free intraday updates, educational resources, and personal account managers.

XM has a large customer base, and it has executed more than 1.4 billion trades. Despite its vast size, XM strives to make a connection with each and every client. Whether you"re just beginning to trade or you"ve been in the industry for years, XM has something for you.