XM.com is a large and reputable forex trading broker based in London. Since launching back in 2009, they have grown to now operate in just under 200 countries. Despite being a larger firm, they pride themselves on being approachable, caring about their clients, and having excellent customer service. They offer many benefits for both new traders and seasoned traders. In the article that follow, we’ll tell you everything you need to know about this amazing firm, so you can better decide if it’s right for you.
Account Types They Offer
XM.com offers three accounts from which you can choose:
- Micro Account: This account requires a five-dollar deposit but offers a huge 50% bonus on the first $1000 you deposit. This account has seven currency options wherein one lot is 1000, leverage ranges from 1:100 to 1:500, and the spreads on majors are as low as one pip.
- Standard Account: This account offers everything the micro account does, but one lot is 100,000 instead of 1000 and instead of the restriction on the lot being 100, it’s 50.
- Zero Account: The Zero account requires a deposit of a $100, offers commission for referrals, has two base currency options, and has a lower spread on the majors.
- Demo Account: com offers a great demo account that’s actually free and doesn’t require a deposit, which is pretty rare for brokers.
Benefits They Offer
One of the greatest benefits of XM.com (part of the XM Group) is that they offer services in twenty-four different languages, making it accessible for everyone. They offer Stop Loss, as well, which stops your trade when you want, automatically; you just set the cap point for the trade and the software takes care of the rest without you even having to be online. They offer a whopping sixteen platforms that work on myriad devices, allowing you mobile access, as well. They offer a wide variety of benefits for their clients.
Where to Find More Information
We understand your hesitancy to trust just one review on something as important as the broker you will trust to facilitate your forex trades. There are many other reviews of this broker available online. This pretty good XM.com review offers more detailed information for what we’ve just briefly touched on today. We trust you’ll see the same positive points we’ve discussed in the other reviews and will be led to the same conclusion that they’re the broker for you.
Despite being a relatively large broker, XM.com offers a personalized experience unlike any other broker. They have excellent customer service, their platform is easy to use, and they offer amazing benefits that are mostly unheard of for brokers. They offer four accounts from which you can choose and they’re demo account doesn’t even require a deposit. This broker is definitely one that’s worth your time to consider and investigate.
