When investing through XM trading, a customer will receive various bonuses throughout their time using XM Trading. For example, new customers will receive a $30 Trading Bonus that is automatically added to the account balance as a show of gratitude for opening their account. Furthermore, a 100% Deposit Bonus is implemented for any number of deposits up to the $500 mark. After depositing at least $500, it is possible to receive Deposit Bonuses at a rate of 20% for deposits up to the $4,500 mark. However, these bonuses can only be used for investing, and cannot be withdrawn from the account. Profits made off of the bonuses can with withdrawn at any time.
XM Trading’s maximum leverage is set at an extremely high ratio of 1:888. Because of this, it is possible to make up to $8,880 in profit from a $10 investment. This leverage makes it possible to maximize profits with minimum investment.
|Contract Size(1 Lot)||1,000||100,000||100,000|
|Commission||No||No||$5 / 1 lot|
|Deposit Trading Bonus||Yes||Yes||No|
|Spread||Spread method Change system||Spread method Change system||Spread method Change system|
In the event of a loss equaling more than the current account balance, XM Trading protects customers by covering the excess loss and resetting the account balance to zero.
XM Trading’s Platforms are available on Windows, Mac, iOS（iPhone/iPad）, and Android among others, and there is the option of downloading an MT4 platform or an MT5 platform. Although older than the newer MT5 software, MT4 remains a popular trading software that will not be dropped from XM Trading’s Platforms in the foreseeable future. Through the use of XM Platforms, it is possible to check on investments at any time throughout the day.
The XM Loyalty Program is a system where XM Points (XMP) can be accumulated through investing, and then used to acquire further Trading Bonuses. Customers are automatically enrolled in the XM Loyalty Program when they open an account. There are Loyalty Statuses within the Program, and the amount of XMP per one lot increases the longer the customer participates in forex trading through XM Trading. Points that have been converted into Trading Bonuses, in the same fashion as other bonuses, cannot be withdrawn from the account; however, the profits from the invested bonuses are withdraw-able.
All major credit cards and e-wallet transfer fees are 100% covered, and wire transfer fees for transfers above $200 are also covered by XM Trading. It is also possible to both deposit and withdraw currency as bitcoins.
Twice a day, forex signals are sent out by trading professionals. A general overview of orders, settlements, and other information that will prove extremely useful for trading is included in each signal. XM Trading customers are able to receive these signals for free.
XM Trading has other valuable points such as no re-quotes, no rejections, and a 99.35% rate of orders being executed in less than one second. In addition, XM Trading holds periodic contests where up to $1,000,000 can be won.
XM Trading also offers VPS services, advice from EAs (expert advisors), online seminars, forex news, and market analyses free for customers.
Formed in 2009 with a license from CySEC, XM Trading opened their head office in Cypress with over 500,000 accounts opened worldwide. XM Trading supports over 30 different languages, with 24 hour customer service lines open five days a week. The company can be contacted through phone, e-mail, or their online chat system. They offer trading services in the foreign exchange (more than 60 currency pairs), stock price index, crude oil, gold, and virtual money markets. XM Trading is being used by traders across the world and has established itself as a reliable company.