XM | Forex Brokers Review | Forex Investrategy

Anyone who wants to enter the online trading world needs to find a secure FOREX broker. With so many options, many wonders: Is XM Broke reliable? Exactly this question that we will clarify in this analysis of the company. After all, it is necessary to have confidence in the administrator, since investments deal with financial life. No one wants to fall into a scam.

We use the broker service and we thoroughly evaluate every detail, to give a verdict on XM investments. With this article, you will know if it is worth it or not to be a customer of the brand and to deposit your money in the modalities offered.

Broker	XM
Trade Bonus	$30 No Deposit Bonus
Min Deposit	$5
Leverage	1:888
Spread	1-3.5 pips
Founded	2009
Website	www.xm.com
Rating

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Pros & Cons
We begin the analysis by summarizing in a simple way the points for and against the service. This makes it easier to get an overview of the company before signing up.

Advantage
・Offers bonuses for those who register
・Has a free demo account
・Minimum deposit from $5
・It is active for more than nine years and has operating license
・Compatible with mobile devices and computers

Disadvantages
・Customer service does not work on weekends
・Some pairs have high spread and high commission



My First Impressions Of XM Broker

By accessing the XM website, I realize that it brings a lot of information, right away. There is data on supported platforms, promotions for new members, and system resources. There is also more information from the company, which gave me the feeling of being a fairly transparent group about the negotiations.

I say this because certain competitors, of low reputation, end up "hiding" the data of the company, like address, commercial name and important information for who wants to know more of the company.

There are also links to social networks, customer service and general explanations about investments.

The design seems very modern, facilitating access to the different areas of the platform, with well organized menus. On the mobile phone, also had no difficulty navigating. The look is very professional and has a touch of seriousness, something fundamental for a service that is allied to investments.



Information Of The XM Broker
Present in more than 196 countries, XM broker has existed since 2009 and belongs to XM Global Limited, which is headquartered in Belize. Also part of the group is Trading Point Holdings Ltd, which owns units in the UK, Australia, and Cyprus. So it's a heavyweight company, not a small company that just came on the market.

The platform is available in more than 30 languages, such as the broker operations in other regions. Even though it is a large group, XM says that it is customer focused, no matter the capital, size of the investment or type of account. According to the website, all customers receive quality service and level service. This is something that makes the difference since certain sites value only members who invest fortunes in negotiations.

And there is also a special area for beginners, Research and Education. In it, customers rely on videos, seminars, FOREX signals, calculators, automatic currency trading and other features that help beginners invest wisely.



Is XM Trusted?
To answer these questions, let's start talking about the registration of the broker. It is regulated by several authorities, according to the region. The UK version is licensed by the "Financial Conduct Authority(FCA)". XM Australia has already registered with the "Australian Securities and Investments Commission(ASIC)". XM broker based in Cyprus has regulations of the Securities and Exchange Commission of Cyprus. And finally, the global version has IFSC regulations.

On its website, XM says that it is proud to sponsor athlete Usain Bolt, in addition to displaying the image of the athlete. The super athlete really counts on the sponsorship of the trading site so their use of image is legal and authorized.

Another issue that proves that XM is reliable the number of prizes received. There are several acknowledgments that indicate the quality of the service:

・Best Forex Service Company in 2017
・Best customer support in 2015 and 2016
・Best Forex Broker in Europe in 2017 and 2018
・Best financial platform in 2015
・Financial Industry Excellence Award

These are just a few examples that are on the official website. Such prestige makes me believe that this is a reputed broker.



Protection Of Investment Funds
There is Negative Balance Protection, so customers will not lose more than their account balance. This prevents the damage of the negotiations from being greater than the member stipulates in his budget.

There are many facts that make us recommend this broker. XM is reliable because it has been on the market for a long time. If it was a fake, it would have closed the doors for a long time.

In any case, we point out other reasons that prove the effectiveness of the system:

・It has already made more than 1 billion foreign exchange operations
・It has over 1.5 million customers in 196 countries
・Has customer service available by phone, chat and email
・About 99.35% of trades are processed in less than 1 second, with no rejections or recalls
・Received several relevant awards from the FOREX sector
・Sponsor an Olympic champion athlete, who accepted to have his image linked to the company
・It has several communication channels, such as social networks
・Has been on the market since 2009
・Have support material for beginners learn to trade



Bonus For New Customers - $30 No Deposit
Good news for anyone who wants to open a real account at the broker. XM brings $30 in bonuses without deposit! That's right, you do not even have to invest money to start winning on the platform.

The non-deposit bonus is automatically credited as soon as the registration is finalized. The gains obtained with it can be withdrawn, however, there are certain conditions for withdrawal. This is a trading bonus, so traders test the platform, without risk. It is available for 30 days, from the opening of the account in XM investments.

Initial Deposit Bonus
There are two extra credit variations for anyone making a deposit at the broker. The first promotion is 50% up to $ 500. And for those who need to invest more, there is a bonus of 20% up to $ 4500. The credit amount is available in the account immediately after clearing the deposit. Minimum deposit is $5. It should be noted that the bonus can not be withdrawn, but the gains made with it. The draw will result in the proportional withdrawal of the bonus.

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XM Demo Account
Anyone who just wants to test the system without compromising can open a free XM broker account. It will have virtual balance, which is not worth the money, so it can not be withdrawn. The gains obtained with the online negotiations will also take place in the form of a virtual balance. The demo account comes with 100 thousand credits.



Trading Instruments
Forex
It operates 5 days a week, with more than 55 currency pairs, including the dollar, euro and pound. There are low spreads from 1 pip onwards, without recovers. The foreign exchange market allows liquidity.

Commodities
These are goods transactions, such as cocoa, cotton, copper, corn, and coffee. The fluctuation of prices that may be high or low is negotiated. Such a market is ideal for beginners because it requires low value deposits.

Equity Indices
It operates with the speculation of stock trends, for short or long forecasts. It has no additional fees and is based on shares of companies worldwide.

Precious Metals
For those who do not want to invest in currencies, there is how to make transactions in metals, whether for short or long term return. Only silver and gold available.

Energies
High volatility market, influenced by environmental factors and policies. Prices are affected according to supply and demand. It is ideal for day traders or investors who can act in a single session, in search of sudden movements in the day.