XM Review
What is XM?
About xmarabia
XM (XMArabia) It is the trading name of Trading Point Of Financial Instruments Ltd, a global financial institution authorized by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and is also registered with all relevant regulatory bodies in the European Union, including In that FCA.
XM.com accepts traders from all countries except the United States, Canada, Israel and Iran
Headquarters | Cyprus |
Founded | 2009 |
Regulated by | CySEC, FCA, IFSC, ASIC |
Minimum Deposit | $5 |
Trading platforms | MT4, MT5, XM WebTrader |
Available markets | Forex Stocks Indices Commodities Cryptocurrencies |
Demo account | Yes, and it has 100,000 dollars |
Islamic account | ✅ |
Spreads starting from | 0.6 |
Maximum leverage | 1000:1 |
Deposit Options | Credit Card, Skrill, UnionPay, Neteller, Bank Transfer, Webmoney |
Trading platform
Through XMArabia, the company provides a safe and easy-to-use trading environment for investors who want to trade forex and CFDs, such as commodities, stock indices, precious metals and energies, with spreads as low as zero pips and flexible leverage of up to 881:1.
XMArabia clients have the option to invest in over 50 currency pairs, most traded commodities, stock indices, precious metals and energies with instant access to global markets. Currently, we offer 8 different trading platforms on MT4 to ensure smooth trading of more than 700,000 clients from more than 196 countries worldwide.
Trading forex and CFDs (precious metals, energies, stock indices) at XM is as convenient as a 21st century investor should have. We provide an advanced trading environment that ensures smooth trading, whereby clients have the option to trade any instruments of their choice on any of the platforms All eight MT4 platforms can be accessed with ease, all of which can be accessed from one trading account. The minimum deposit to start trading is as low as 5$, which helps even online investors with small capital to gain immediate access to the global markets.
XM Trading Account Types
XM offers several types of real accounts (Micro, Standard, Zero) with a low spread of zero pips. No re-quotes, no rejection of orders, and instant execution in the market give the company a clear advantage. Funds are deposited and withdrawn instantly and automatically, via a wide range of payment methods, without fees, and clients' funds are kept in segregated accounts to ensure the safety of funds at all times.
Broadcasting daily market analysis and forex news helps clients keep abreast of the latest market changes, as well as a multi-language economic calendar to follow the daily market movement. Moreover, we provide professional multilingual video tutorials for MT4 training, offer live webinars, and hold webinars in different regions to help traders around the world follow the developments
Bonuses & Promotions: XMArabia
How to open a trading account – XM.COM
Opening a fully digital XM account is fast and straightforward. You can fill out the online application form in two minutes.
To start a trading account with XM, follow these steps:
step 1
- Enter your personal data, including your name/lass name, country of residence, language, phone number, and e-mail.
- Select the regulatory body: CySEC (Cyprus) or FSC (Mauritius).
- Choose your preferred trading platform (MT5 or MT4), account type: Standard, Micro, XM Ultra and Stock account.
step 2
- Add additional personal information, such as date of birth and residential address.
- Select the base currency that will be used to trade with the financial markets (usually in USD), and the amount of leverage you want (the leverage depends on the regulator you chose before).
- Finally, answer some questions about financial knowledge to complete the XM registration process!
Final Step: Know Your Customer (KYC)
- For KYC requirements, they will need to verify your identity and address. You can upload a copy of any government-issued document that proves this – including a driver’s license, national ID or passport; Utility bills from the past three months to prove residency at my current address; bank statements.
Global markets and enhance their trading skills by experts.
Choosing XM Trading Bonuses gives incentives to new and existing clients to reach their investment goals with more confidence and more capital. The 30$ No Deposit Bonus gives new clients a chance to start trading without any deposit with the bonus amount that appears in the balance instantly in the real XM accounts they just opened. The 50% Deposit Bonus up to 500$ Plus the 20% Deposit Bonus up to 5,01$ is a two-tiered bonus that gives existing clients a huge advantage for trading with more capital. Just like the No Deposit Bonus, the Deposit Bonus also applies to deposits starting at 5$, and is available for real Micro and Standard accounts.
Furthermore, they recently launched the $1,000,000 Global Forex Championship, which offers traders from all over the world the chance to register for free, compete in 12 rounds, and access the biggest prizes in the forex industry.