XM is a global broker. As such, it is available in most countries, with the exception of the United States. However, it does not accept traders from the United States. To place an order, you need a minimum deposit of $10,000. XM"s margin requirements are consistent, whether you are trading on a live account or a demo account.
XM"s margin call policy sends a margin call warning if you are about to lose more than your account equity. In such cases, you will be advised to deposit money before the warning expires. When you have a large market order, you can divide the order into smaller ones, or open additional positions. If your position is not closed, it will stay open until it is executed.
XM uses variable spreads for forex, which eliminates the need for an insurance premium. It also offers fractional pip pricing, which allows for tighter spreads and more accurate quoting.
XM is a global financial service provider that is backed by a solid track record of success. This company has 47 years of excellence under its belt, and offers a wide range of products. The brokerage also runs the XM Foundation, which supports international aid and vocational training.
XM offers a free virtual private server service, which increases the speed of your trades. Clients can also access the XM app to monitor the market and view their charts. It is also compatible with Apple and Android devices. Additionally, XM"s trading platforms offer a variety of advanced charts and indicators. XM provides clients with the ability to open a custom-tailored account for forex trading.
XM offers an economic calendar, daily updates on major trading sessions, and daily briefings for key market events. It also hosts hundreds of seminars worldwide. These seminars focus on providing traders with the necessary skills to perform better. All these features are designed to help clients earn loyalty.
The XM app has a wide array of features, including a fingerprint login and full account management. Moreover, XM"s demo accounts are easy to use and allow you to experience the same tools and services as the live account. Whether you are a beginner or an experienced investor, XM will help you make the most of your trading.
XM has a variety of account types, ranging from Shares Accounts, which have a minimum deposit of $10,000, to Islamic Accounts. Although the latter have no hedging capabilities, they do not require swap interest.
XM has a strong commitment to client satisfaction. The brokerage is constantly monitoring the financial markets to understand industry trends and to deliver the best execution possible. Also, it employs twenty multilingual market professionals to provide clients with accurate information.