Trading Point Holdings Ltd, a private limited company incorporated in Cyprus, is the owner of XM. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I deposited some money which was recieved instantly , did some profit and wanted to withdraw part of it.
Who owns XM broker?
Trading Point Holdings Ltd, a private limited company incorporated in Cyprus, is the owner of XM .
For most online traders and investors, whether they are trading forex or CFDs , MetaTrader 4, is undoubtedly a household name today. XM offers LimeFx opportunities with flexible trading conditions that suit the needs of traders with diverse skills and experience. Beginner and seasoned traders receive the same high-quality services, along with a wide range of trading tools to help them reach their LimeFx goals.
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Other account types vary in their minimum deposit requirements by region. The selection of the XM trading bonuses is offered to both new and existing clients to reach their LimeFx goals with higher confidence and increased capital. The $30 No Deposit Bonus offers new clients the opportunity to start trading without making a deposit and gets the bonus amount to their newly opened XM real accounts. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing.
Because fixed spreads are usually higher than variable spreads, in case you trade fixed spreads, you will have to pay for an insurance premium. XM provides a fair and trustworthy trading experience by pioneering a strict no re-quotes and no rejections policy. Avramis Despotis has extensive trading experience https://limefx.group/ in Foreign Exchange, Money Markets, Fixed Income, Commodities, Equities and Derivatives, which stems from years of trading as an interbank trader. Over the last few years taught Technical Analysis, Risk Management and Behavioural Finance to more than 20,000 traders, mainly in Europe and the Middle East.
Unlimited Access for Live Account Holders
There’s no difference between trading assets, tools, or trading speeds for smartphones or tablets and those for desktop PCs. XM may require copies of your credit card before approving a withdrawal request. Traders should consult the Funds Withdrawal section of the broker website for more details on this topic. XM requires a $5 minimum withdrawal for Micro and Standard accounts. Access to shares CFDs depends on the client’s country of residence.
What country is XM broker?
About XM. XM is a forex and CFD broker. The company offers forex trading, stock indices, free forex seminars, MT4 video tutorials, multi-asset trading, forex and stock market news, free forex signals, and multi-asset MT5 platform. It is based in Belize City, Belize.
The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange , futures and options. Backtesting (i.e. testing trading strategies on prior time periods) is yet another advantage of automated trading in that it applies trading rules to historical market data and so it helps investors assess the efficiency of several trading ideas. On applying proper backtesting, lime fx traders can easily evaluate and fine-tune trading ideas, which they can later apply in their own trading practices for better results. Effective as it is, automated trading is also a sophisticated method to trade the markets and as such it, mainly for beginner traders, it is advisable to start with small sizes during the learning process. Our trading platform supports market, limit, stop and trailing stop orders, and you have the freedom to place orders at any time during trading hours.
Minimum Initial Deposit
Our mission is to keep pace with global market demands and approach our clients’ LimeFx goals with an open mind. We offer a range of over 50 currency pairs and CFDs on precious metals, energies, equity indices and individual stocks with the most competitive spreads and with the no rejection of orders and no re-quotes execution of XM. At XM we offer Ultra Low Micro and Ultra Low Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions. XM Zero accounts feature near-zero spreads (EURUSD average spread is as low as 0.1 pips) and a no requotes execution policy with all trading styles welcome.
- With a wide range of trading instruments available from a single multi asset platform XM makes trading easier and efficient.
- The group gives users complete access to the winning MetaTrader 4 & 5 platforms.
- Whether you are new to online trading or you simply wish to refresh your knowledge about the bare essentials of forex, the XM free educational course will lead your through all the steps necessary to master forex trading.
- XM Global is an incubator for helping beginners become seasoned traders.
- Our extensive experience combined with support for well over 30 languages, makes XM the broker of choice for traders of all levels, anywhere.
We have clients from over 190 countries and staff speaking over 30 languages. Our management has visited over 120 cities globally to understand clients’ and partners’ needs. XM allows scalping as well as trading during time of increased volatility. After opening the second one with its tp and sl,,,,,i found that bonus disappeared suddenly with no any apparent reason and trading became disabled. Contact us directly for further inquiries about our products and services. XM is dedicated to providing client fund security and safety supported by multiple licenses and registrations with regulators around the world.
A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. In the forex trading marketplace, when we refer to execution we mean the speed at which a foreign exchange trader can actually buy or sell what they see on their screen or what they are quoted as bid/ask price over the phone. A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price. By making our world a smaller and more global place, this automatically means that people, goods and services can travel faster and more easily. This also means that a necessity of currencies to be traded against each other is needed in order for this to happen. All these factors have determined a growing forex trading marketplace, which will only continue to grow and become more dynamic, liquid and responsive.
XMserves clients globally and it operates separate entities for Australia, the EEA countries, the Middle-East, and all other international clients. XMprovides 57 currency pairs, including majors, minors, and exotics. Cryptocurrencies, however, are not included in their product portfolio. The company’s client base increased steadily in recent years. In 2015, the number of clients exceeded 500,000, climbing to 700,000 by 2016.
The ideal broker is by your side with 24-hour customer support via live chat, email, and telephone in a variety of languages. Ideally, a dedicated Personal Account Manager is at your service 24 hours a day to assist you with your inquiries and to help you make the best of your trading activity. In simple terms, each XM client is provided access to a trading platform (i.e. software) which is directly connected to the global market price feed and allows them to perform transactions without the help of a third party.
In this category, XM Group or XM has emerged as a next-generation broker that offers a range of services in online forex and commodity trading. XM Global is an incubator for helping limefx forex brokers reviews beginners become seasoned traders. In 2021, the XM ecosystem is one of the world’s largest network of traders, having millions of active trading software users around the world.
You must understand that Forex trading, while potentially profitable, can make you lose your money. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. In 2017, they reached the 1,000,000 clients milestone, launched the Multi-Asset MetaTrader 5 trading platform, and XM was listed among the 100 industry-leading companies globally by World Finance 100.
Who owns XM forex?
XM is a brand name of Trading Point Holdings Ltd, which owns Trading Point of Financial Instruments Pty Limited (XM Australia), XM Global Limited (XM Global) and Trading Point of Financial Instruments Ltd (XM Cyprus).
XM is currently built of more than 600 professionals with long-year experience in the financial industry. Cities visited by our Management to meet with clients and partners. Governments or central banks that either buy or sell currencies and try to adjust financial imbalances, or adjust economic conditions. Businesses that purchase raw materials or goods from overseas and need to exchange their local currency to the currency of the country of the seller.
Latest XM Group Awards and Accolades
XM regulated by three securities commissions – CySec, IFSC & ASIC. Next in the series is MetaTrader 5, the advanced multi-asset trading platform developed for institutions. Large trading companies use this multi-functional trading platform to run their stock and commodities trading. It is not as forex market-centric as MetaTrader 5; however, there are a few factors common between the two platforms.
Also called trading software, a trading platform is computer software through which you conduct your trades online. We partner with LimeFx grade banks and use segregated accounts to ensure security. A professional broker guarantees 100% automatic deposits and same-day withdrawals with a variety of payment methods that meet the needs of a varied client base – and he does this without hidden fees or commissions. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side. The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since.
Any XM client can hold up to 8 trading accounts of their choice. Retail client funds are insured up to €20,000 by the Investor Compensation Fund. Meanwhile, all clients benefit from Negative Balance Protection, so they are never at risk of losing more than their account balance. All clients enjoy the same fair and ethical trading conditions regardless of their net capital worth, the size of their LimeFx, or their account type.
With a wide range of trading instruments available from a single multi asset platform XM makes trading easier and efficient. Trading forex and CFDs at XM is as convenient as it can be for any investor in the 21st century – and you can start with a deposit as low as $5. A state-of-the-art environment offers seamless trading, where clients have the option to trade any instrument of their choice on any of the MT4/MT5-based platforms with ease, all from one trading account. The XM forex review breaks down the services this broker company provides, which primarily categorizes into research, training, and platforms. The company offers a list of services under its market research category. Similar services are also offered to educate traders on how to become successful in the game.