XM has a very good reputation for reliability. It has a huge number of assets to offer its clients. They offer over 1000 instruments, including stocks, commodities, currencies, energies, and precious metals. This makes XM a highly flexible and comprehensive investment firm. In addition, XM has a wide range of educational materials to help its clients learn more about the world of investments. There are also live webinars and seminars offered by XM to help its customers gain knowledge.
XM has a very easy and fast account opening process. Traders can open a demo account to get acquainted with the company and its trading platform. Once they have an account, they can make deposits and withdrawals through a variety of methods. You can deposit and withdraw with credit cards, debit cards, and electronic payment gateways. To ensure that your information is secure, XM provides encryption technology and multi-factor authentication.
XM has a dedicated team of customer support agents who are available to serve customers around the clock. These advisors are available in several languages, and their service is fast and efficient. Customers can contact them via email or live chat.
When clients sign up for an account with XM, they must provide identification documents. Brokers generally ask for a color copy of a valid driver"s license or passport, and a color copy of a utility bill. XM requires that a client"s bank account is registered in the same name as the XM account. XM"s deposit and withdrawal procedures can take between two and five business days to complete.
XM"s website is user-friendly, although it does not seem very secure. The website is easy to navigate, and offers users a range of information in various languages. Users can access their accounts using a mobile application. With XM, the ability to monitor your progress from anywhere is a convenient feature. However, it is important to check whether your local laws allow the use of XM"s website. If your country is one of the restricted ones, it is not advisable to open an account with XM.
XM offers four different types of accounts. These include Standard Accounts, Micro Accounts, Zero Accounts, and Shares Accounts. All of these types have excellent trading conditions and offer commission-free access to the MT4 platform. Some of the features of these accounts include a variety of trading bonuses and the ability to choose a preferred base rate.
XM is a reputable company that has been serving clients from all over the world since 2009. It is regulated by the CySEC of Cyprus and the FSC of Belize. XM has also been licensed by the ASIC of Australia, and it is registered in many countries. Despite its strong reputation, it is not recommended for clients that are located in the United States, Canada, and Israel.