Are you looking for a highly esteemed XMTrading ? If so, this page is for you. XM is known as the trading name of Trading Point Holdings LTD, a reputed company that is governed by Cyprus Laws. Established way back in 2009, XM is now embarks a very genuine reputation in the Forex marketplace. This is a regulated broker that provides more than 100 financial instruments for clients. What makes XM unique is that it is adept in providing Islamic accounts. Just in case you are not aware, these accounts allow traders to adhere to the Islamic faith, where in trading is deemed permissible. XMTrading is an excellent broker that has lot of options, tools and account types that are ideal for diverse traders regardless of levels.
As of now, XM holds the lowest minimum deposit which is $5. Plus, there’s more that XMTrading has to boast. Just open a XM demo account and make use of it in order to test the basics of trading. After a while, you can now open an actual trading account that is ideal for newbies along with the smallest minimum deposit and at the same time take advantage of flexible leverage.
Online stock trading app
So are you asking about the maximum trading size? Well, great news because there is no maximum amount that you are able to trade online. However, keep in mind that there is a maximum number of fifty standard lots that you are able to trade online. At the same time, the maximum number of the positions opens, regardless of the account type, at 200.
Just like with many Forex brokers, XM does not charge any commission. Rather, they charge a certain spread on Forex trades that are carried out through them. It usually starts at 1 pip though it still depends on the instrument that is to be used.
Best stock trading platform
When it comes to deposit and withdrawal methods, you can choose from several options including multiple electronic payment methods, multiple credit cards, bank wise transfer and local bank transfer. Pay a visit to the official site if you want to know other available methods.
Do take note that if you want to withdraw funds, there is a need for your trading account to be validated. What does it mean? It simply suggests that you have to upload your documents in the Members Area of XM. Once you receive the confirmation that your account has already been validated, you can now request the withdrawal. All you have to do is to log in to the Members Area, choose the withdrawal tab and then send your withdrawal request. Also, you might want to complete the withdrawal form and submit it to your online service provider.
How to start sock trading
For your peace of mind, XM is a regulated broker so rest assure that safety is not at stake. Aside from its extremely low minimum deposit, there’s more that XM has to offer and it’s up to you to discover them.
Choose XM now and check out what this Forex broker and his several account types can do for you