Formerly known as Trading Point of Financial Instruments Ltd, XM Markets is a leading financial derivatives broker based out of Cyprus. The company was started in 2009 by a group of interbank dealers and now has a global reach of over 180 countries.
XM operate their financial services for trading on forex and futures with firm commitment to their corporate values and business standards, and in strict compliance with their regulatory environment:
A few highlights:
Regulated by the CySEC ,
Registered with FCA (FSA), UK,
Operates in accordance with the MiFID of the European Union,
Full European Union regulation.
When you sign up for an account, XM will credit you with a forex bonus worth 50% of your first deposit up to £500. Plus you get 20% of whatever you deposit up to £5000. The bonus money is credited instantly and there is no need to worry about contacting customer services (you normally need to with other brokers).
No matter whether you sign up for a real or demo account, you will be granted access to a number of cutting-edge trading platforms. Each platform has its own features and benefits and as standard, you will find limit, stop, and trailing orders that can be placed online or by phone.
For those that like to trade on the move, XE Markets offers a mobile trading platform that can be used wherever you are, on your smartphone or tablet.
The leading standard for forex trading incorporating technical analysis, steaming prices, financial new and MUCH more.
Trade in a web browser without needing to download software.
Control multiple accounts from one platform.
Ever heard of social trading? Zulutrade allows XM customers to copy other successful traders and take advantage of their success.
When you sign up, depending on how much of your base currency you deposit, you will be allocated one of the following account types:
MICRO (1 micro lot = 1,000 units of the base currency)
STANDARD (1 standard lot is 100,000 units of the base currency)
EXECUTIVE (1 standard lot is 100,000 unites of the base currency).
Besides, clients have unlimited access to free forex signals provided twice a day with entry, take profit and stop levels and with a coverage of 10 financial instruments (EUR/USD, GBP/JPY, USD/JPY, GBP/USD , EUR/JPY, AUD/USD, GOLD, DOW, NIKKEI and OIL).
If you want to learn how to trade forex or you would like to sample XM’s platforms before you deposit, it is worth signing up for the demo account. When you sign up for the demo, you will be able to use all 8 platforms that company offers and will be credited with $100,000 of virtual money to trade with.
Traders have the following currency options to open an account in USD, GBP, EUR, CHF, JPY, HUF, AUD, SGD, ZAR, RUB, and PLN.
XM Markets extends 24/5 customer support to its traders through live chat, email, telephone, and fax:
Call: +357 25029933