Unlike some other brokers, XM does not have a social trading platform. In order to trade on the XM platform, you must have an official identification document. There is also a requirement to provide residential address verification. This can be done by providing a color copy of a valid passport or a residential ID. You can use the live chat feature to get in touch with customer service. XM"s customer service is available in several languages, but is not open on weekends.
XM is a global brokerage firm that is regulated by several financial regulatory bodies. These include CySec of Cyprus, IFSC of Belize, and ASIC of Australia. As a result, XM is a legitimate and safe company to work with.
XM has a robust client base and has been recognized for its outstanding performance. The broker has won more than 30 awards. XM is listed in the World Finance 100, a list of the top 100 financial businesses in the world. It has also been awarded best forex broker in Europe and Australasia.
XM is a reputable, legitimate brokerage that is highly regulated by multiple financial regulatory bodies. One of the most notable features of XM is its low CFD fees. Clients can choose from several account types and leverage levels to suit their personal financial goals. XM provides an extensive variety of educational resources, including webinars and videos. Traders can also access a selection of trading tools, such as the Ribbon Indicator, ADX and PSAR Indicator, and the Bollinger Bands Indicator.
XM offers various deposit methods, such as wire transfers and eWallet deposits. The deposit process is usually completed within two to five days. Some of the available deposit methods are fee free, while others may require a deposit fee. Depending on the area in which you reside, you may be able to use other methods.
XM is a global forex and cfd broker that is regulated by three financial authorities. Despite the lack of a social trading option, XM is considered a safe broker to trade with. Customers can call the broker"s customer support or send an email for assistance. Whether you have questions about the XM platform or want to learn more about the market, the support team is available at all times.
XM also has a demo account that you can sign up for to test out the platform. To do so, you"ll need to deposit at least $100,000. If you decide you"d like to try the real platform, you can sign up for a personal account.