XM is a broker that offers a demo account to prospective customers, which is a great tool for new traders to brush up on their trading skills and practice different strategies. XM also offers a variety of different account types, including standard, ultra low spreads, and cent accounts. Demo accounts are hassle-free and digital, and registering for one takes just a few minutes. In addition, XM offers an Islamic Account for those who adhere to the principles of Shariah, which prohibits the payment of interest on any type of currency exchange.
XM is also regulated by strict financial authorities in all relevant jurisdictions. The trading platform offers a healthy mix of functionality, security, and support, along with low fees. XM is a great place to begin your trading career, or take it to the next level. The customer service team is available seven days a week, and they provide help and support in a wide range of languages. You can use their customer support in five different languages and communicate with a representative in your native tongue.
XM offers four different types of accounts. Their Standard and Micro accounts come with commissions, while Zero and Ultra Low accounts are fee-free. Commission-free Standard and Micro accounts are available for a small fee, while commission-free Zero and Ultra Low accounts do not exist in all XM entities. Furthermore, Zero and Ultra Low accounts are not available in all global entities. Thus, if you want to get the most out of your trading experience, XM is the broker for you.
XM offers two account types: Standard and Micro. The XM Zero Account requires a 100 USD minimum deposit and offers spreads as low as 0 pips. Both Micro and Standard accounts come with an option to withdraw funds through local bank transfers. XM also offers a range of payment options, including e-wallets such as Neteller and Skrill. Withdrawals from the e-wallet account take as little as 24 hours, while bank transfers take two to five days.
XM Group is a trusted broker that offers clients low minimum deposits and high-quality trading conditions. Client funds are protected with segregated bank accounts, and XM is a member of the Investor Compensation Fund. The Fund provides up to 20,000 USD in compensation to traders in the event of a failed brokerage. The XM Group is a leading broker with over 3.5 million clients worldwide. This reputation for reliability and security is unbeatable.
XM is regulated by three leading global regulators: ASIC in Australia, FCS in Belize, and CySEC in Cyprus. Its license allows it to operate in the European legal arena under the MiFID directive and is regulated by the CySEC in Cyprus. You can use almost all types of payment methods and electronic wallets, including PayPal, and replenish your account through a local bank. If you re serious about trading, then open a demo account.