How to open XM's Forex trading account? | Account Types & Bonus Promotions
A comprehensive guide to opening an account with XM. Check out the latest account types, bonus promotions and trading tools here.
Table of Contents
- What is XM?
- Account Types of XM
- Specialized Account Types: Ultra Low Accounts
- How to open an account with XM?
- Forex Trading with XM
- Cryptocurrencies Trading with XM
- Stock and Turbo Stocks Trading at XM
- Commodity Trading at XM
- Equity Indices Trading with XM
- Precious Metals Trading with XM
- Energies Trading with XM
- Trading with XM's Competitive Spreads
- Comprehensive Range of Financial Instruments
- Leveraging Your Trades with XM
- About Margin
- Dynamic Margin for Cryptocurrencies
- Margin and Leverage Examples
- XM Leverage Policy
- Risk Associated with High Leverage
- Real-Time Margin Monitoring
- Rollover in Forex and Energies Trading with XM
- Competitive and Transparent Swap Rates
- Rollover Calculations Explained
- Booking Rollover at XM
- How Rollover Influences Trading Strategy
- Forex Market Hours and Online Trading with XM
- Understanding Forex Market Hours
- Optimal Trading Times
- Trading Sessions Characteristics:
- Online Trading with XM
- XM MetaTrader 4 (MT4)
- Features of XM MT4
- Seamless Installation of XM MT4
- Main Features of XM MT4
- System Requirements for Optimal Performance
- Account Management
- Why MetaTrader 4?
- Mobile and Tablet Accessibility
- MetaTrader 5 (MT5) from XM
- Comprehensive Features of XM MT5
- Getting Started with XM MT5
- Enhanced Trading Functions
- System Specifications for Optimal Performance
- Transitioning to MT5
- Trading Capabilities on MT5
- Mobile Trading Solutions
- XM Copy Trading: Simplify Your Trading
- Features of XM Copy Trading
- Seamless Trading Experience
- Getting Started is Simple
- Frequently Asked Questions
- €25 Trading Bonus: Jumpstart Your Trading
- Eligibility Criteria
- Proportional Bonus Removal Example
- How to Claim Your €25 Trading Bonus
- XM's Deposit Bonus: Up to $5,000
- How Does the Deposit Bonus Work?
- Withdrawal and Bonus Reduction
- Get Started with Your Bonus Today
- XM Social Competitions: Trading, Winning, and Learning
- How to Participate
- Available Competitions
- Benefits of Joining XM Competitions
- Performance Measurement
- Key Rules and Considerations
- How to Join?
- FAQs
- XM Loyalty Program
- Loyalty Levels Explained
- How to Earn and Use XM Points
- Real-Time Tracking and Redemption
- Loyalty Program Perks
- XM's Free VPS Services
- Benefits of Using XM VPS
- Eligibility and Access to XM VPS
- Technical Specifications of XM VPS
- How to Connect to XM VPS: A Step-by-Step Guide
- XM Refer a Friend Program
- Benefits of the Refer a Friend Program
- How to Participate
- Earning Tiers
- Tracking and Withdrawing Your Earnings
- Key Points to Remember
- FAQs about XM's Trading Service
XM emphasizes high-quality service, believing that innovative thinking and ethical business practices are vital in diverse financial services. The company boasts over 10 million clients from more than 190 countries, highlighting its extensive global engagement and commitment to equitable trading conditions. XM offers a variety of trading accounts including XM Zero, Standard, and Micro, each providing specific benefits such as low minimum deposits and access to both MT4 and MT5 platforms. Traders have access to over 1,000 instruments with competitive spreads and can leverage up to 1000:1, enhancing their trading potential across multiple assets. Comprehensive support is provided in over 30 languages, reflecting XM’s commitment to accessibility and client satisfaction. Additional features include personal account managers, free market research, and daily webinars to support traders at all levels. XM is regulated by major financial authorities, ensuring a secure and reliable trading environment.
What is XM?
XM sets high standards in its services because quality is as crucial to them as it is to all clients. XM believes that diversified financial services require innovative thinking and a consistent approach to business ethics.
XM’s mission is to align with global market demands and address all clients’ investment goals with an innovative perspective.
Client Base and Achievements:
- Over 10 million clients from more than 190 countries.
- More than 8.5 billion trades executed without requotes or rejections.
- XM’s management has engaged with clients and partners in over 120 cities worldwide.
Values: BIG. FAIR. HUMAN.
- Trade Forex with XM:
- A broker that values fairness and humane interactions.
- Key Features and Services:
- Established and Experienced: Since 2009, XM has evolved into a major, respected international investment firm and a recognized leader in the industry.
- XM’s team comprises over 1,400 professionals with extensive financial industry experience.
- With support for over 30 languages, XM stands as the preferred broker for traders worldwide, regardless of experience level. XM offers the resources and expertise necessary to help every investor achieve their financial aspirations.
- Fairness and Integrity:
- All clients enjoy equitable trading conditions. XM pioneers a strict no requotes and no rejections policy.
- Approximately 99.35% of all trading orders are executed in less than one second.
- XM prioritizes the security of client funds and offers Negative Balance Protection to ensure clients can never lose more than their account balances.
XM fosters genuine connections through face-to-face interactions, having visited over 120 cities to meet clients and partners.
Hundreds of seminars worldwide to educate traders, enhancing their decision-making skills and reinforcing XM’s commitment to excellent customer service.
Trading Options and Client Benefits
- Over 1,000 trading instruments with spreads as low as 0.6 pips.
- Leverage up to 1000:1 and bonuses up to $5,000.
- Access a broad range of instruments through the XM App, manage your account, and explore advanced trading tools and indicators.
- Personal account managers, free access to market research, daily webinars, video tutorials, trading signals, technical analysis, and market outlooks.
- Support available 24/7, ensuring help is always at hand.
- XM Group is licensed by major regulatory bodies, including ASIC, CySEC, FSC, and DFSA, ensuring adherence to stringent standards.
- The extensive reach and multilingual staff enable a deep understanding of diverse client and partner needs, making XM a global leader in financial services.
- At XM, client interests always come first, supported by transparent and fair practices and a straightforward, user-friendly trading experience.
- Clients can trade various instruments including forex, derivatives on stock indices, commodities, stocks, metals, and energies, all from one multi-asset platform.
This streamlined approach ensures that XM not only provides comprehensive offerings but also remains deeply committed to the needs of traders worldwide, making it a preferred choice for those seeking a reliable and equitable trading partner.
Account Types of XM
XM Zero | Standard | Micro | |
---|---|---|---|
Account Type | Forex | Forex | Forex |
Trading Platform | MetaTrader4 (MT4), MetaTrader5 (MT5) | MetaTrader4 (MT4), MetaTrader5 (MT5) | MetaTrader4 (MT4), MetaTrader5 (MT5) |
Minimum Deposit | $200 | $5 | $5 |
Accout Currency | EUR, JPY, USD | AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD, ZAR | AUD, CHF, EUR, GBP, HUF, JPY, PLN, RUB, SGD, USD, ZAR |
Execution Type | ECN (Market) | STP (Market) | STP (Market) |
Leverage | 500:1 | 1000:1 | 1000:1 |
Spread Type | Variable | Variable | Variable |
Minimum Spread | from 0.0 pips | from 1 pips | from 1 pips |
Trading Commission | $3.5/per Lot | N/A | N/A |
Minimum Trading Lots | 0.1 | 0.01 | 0.001 |
Maximum Trading Lots | 50 | 50 | 100 |
Decimal Pricing | 5 | 5 | 5 |
Margin Call % | 50% | 50% | 50% |
Stop Out % | 20% | 20% | 20% |
EA (Automated Trading) | Allowed | Allowed | Allowed |
Scalping | Allowed | Allowed | Allowed |
Hedging | Allowed | Allowed | Allowed |
News Time | Allowed | Allowed | Allowed |
PAMM/MAM | Available | Available | Available |
Islamic (Swap Free) | Optional | Optional | Optional |
Interest on Margin | None | None | None | Sign up | Open XM Zero Account | Open Standard Account | Open Micro Account |
XM sets high standards for its services because quality is as crucial to them as it is to the clients. XM believes that diverse financial services require innovative thinking and a consistent approach to business ethics.
Comprehensive Account Options
XM offers several account types tailored to meet the needs of its traders:
- XM Zero:
- Ideal for traders looking for ECN execution with ultra-low spreads starting from 0.0 pips and a commission of $3.5 per lot.
- Standard:
- A versatile option with a low minimum deposit of $5, suitable for most traders.
- Micro:
- Designed for new traders with micro-lot trading available, starting from 0.001 lots.
All accounts offer access to the MetaTrader4 (MT4) and MetaTrader5 (MT5) platforms and support various currencies, ensuring that traders worldwide can enjoy a tailored trading experience.
Trading Features and Benefits
Account Benefits:
- Trade with micro or standard lots.
- Unlimited access to MT4/MT5 and expert advisor trading.
- Free intra-day market updates and technical analysis.
- Uniform execution quality across all account types.
- Multilingual support and dedicated Personal Account Managers.
- Multi-Asset Trading Account:
- Trade not just currencies but also cryptocurrencies, CFDs on stock indices, commodities, and more.
- Available on MT5, which also provides access to the XM WebTrader.
Trading Platforms: MT4 vs. MT5
- MT4 Platform:
- Ideal for trading currencies and CFDs on cryptocurrencies, stock indices, gold, and oil.
- Available for Micro, Standard, Ultra Low Micro, or Ultra Low Standard accounts.
- MT5 Platform:
- Offers access to a broader range of instruments, including stock CFDs.
- Your login also grants access to the XM WebTrader.
MT4 is limited to forex and certain CFDs, while MT5 offers expanded capabilities including stock trading.
Multiple Trading Accounts
XM clients may hold up to 10 active trading accounts and one Shares Account, facilitating diverse trading strategies and asset management.
Open an addittional account with XM
Managing Your Trading Accounts
Manage all your account functions from the XM Members Area, where you can deposit or withdraw funds, view promotions, check open positions, change leverage, and more. This streamlined system allows for easy management without needing direct assistance from account managers.
Specialized Account Types: Ultra Low Accounts
- Ultra Low Micro/Ultra Low Standard Account:
- Features zero swaps, zero commission, and spreads as low as 0.6 pips on major pairs.
- Supports a low minimum deposit and offers Negative Balance Protection.
- Flexibility and Accessibility:
- Available across all XM platforms, including MT4 and MT5 for various devices.
XM’s versatile offerings ensure that every trader, regardless of their strategy or investment size, has access to optimal trading conditions and comprehensive tools and support to maximize their trading potential.
How to open an account with XM?
Opening an account with XM, a leading broker in the Forex market, can be broken down into five straightforward steps. Here’s a guide to help you get started:
- Choose the Account Type:
- XM offers three main types of accounts: XM Zero, Standard, and Micro.
- XM Zero offers ECN execution with ultra-low spreads and a commission.
- The Standard account has low minimum deposits and is suitable for most traders.
- The Micro account is tailored for beginners with smaller trade sizes.
- All accounts provide access to both MetaTrader 4 and MetaTrader 5 platforms.
- Complete the Registration Form:
- Visit the XM website and find the account registration section.
- Provide the required personal details such as your name, email, and phone number.
- Set up a secure password and agree to the terms and conditions.
- Verify Your Identity and Residence:
- To comply with regulatory requirements, you’ll need to verify your identity and residency.
- Upload a government-issued ID (passport, driving license) and a recent utility bill or bank statement as proof of residence.
- Fund Your Account:
- Log into your XM Members Area and select a deposit method—options include bank transfers, credit/debit cards, and e-wallets.
- Choose the amount to deposit, ensuring you meet the minimum requirement for your account type.
- Start Trading:
- Once your account is funded and ready, download and install the MetaTrader platform if you haven’t already.
- Familiarize yourself with the platform using XM’s educational resources, including webinars and tutorials.
- Begin trading by analyzing the market and executing trades.
Throughout this process, you can access XM’s 24/7 customer support for any assistance you may need.
Forex Trading with XM
XM offers a comprehensive range of currency trading options, including over 50 currency pairs—major, crosses, and exotics. Trading is available 24 hours a day, five days a week, with leverage up to 1000:1, allowing significant flexibility and earning potential. Clients using Ultra Low Standard or Ultra Low Micro Accounts benefit from zero swap fees, tight spreads, and no requotes, ensuring transparent and efficient trading conditions without hidden charges.
Understanding the Forex Trading Marketplace
Forex trading refers to the decentralized global market where currencies are exchanged at varying rates by businesses, financial institutions, and individuals. This system was solidified post-World War II with the implementation of floating rates, replacing the Bretton Woods Agreement that linked currency values directly to gold reserves. Today, the Forex market is the largest and most liquid financial market, enhanced by technological advancements in communication and transportation that connect the global economy.
Online Forex Trading Dynamics
Online platforms have revolutionized Forex trading, with individual retail traders now constituting a significant part of the market. Through brokers like XM, traders can manage accounts and execute trades on currencies to profit from fluctuations in market prices or hedge against currency risks. Trading accounts funded in a base currency allow clients to buy and sell various currency pairs either online or over the phone.
Forex Trading via a Broker
Choosing a broker like XM provides clients with real-time access to Forex market pricing along with the ability to execute trades at desired prices through an online trading platform. This direct control over trades facilitates greater strategic flexibility and real-time decision making.
Key Aspects of Forex Trading
Trading involves pairs of currencies, where one is used to buy another. For example, in the EUR/USD pair, Euros can be bought using US dollars at the current market rate. Forex markets operate continuously from Sunday night through Friday night, making it possible to trade at almost any time.
Influential Factors in Forex Trading
Several key elements influence currency values daily:
- Inflation Rates:
- Higher inflation typically depreciates the value of a currency.
- Interest Rates:
- Currencies in countries with higher interest rates often appreciate because they offer higher returns on investments denominated in that currency.
- Current Account Deficits:
- A country with a significant deficit is likely to have a depreciating currency.
- Public Debt:
- Countries with large public debts are less attractive to foreign investors due to the risk of inflation and destabilization.
- Terms of Trade:
- If a country’s export prices rise at a greater rate than its import prices, its currency will strengthen.
- Political and Economic Stability:
- More stable countries attract more foreign capital, which leads to currency appreciation.
Forex Trading Tools and Software
Forex trading platforms like the ones XM offers provide clients with sophisticated tools and capabilities to analyze markets, execute trades, and manage accounts efficiently. This software connects users directly to global currency price feeds without intermediaries.
Market participants include individual retail traders, large banks, governments, and financial institutions. They engage in Forex trading for various reasons such as investment, trade, speculation, and to manage currency risk.
For traders, vital elements include the quality of trade execution, the speed of execution, and the spreads on currency pairs. Efficient trading hinges not just on favorable prices but also on the ability of the platform to execute trades quickly at these prices.
Understanding Forex Pairs
- Majors:
- Most frequently traded pairs that include the USD and another significant currency, such as EUR/USD or USD/JPY.
- Minors:
- Pairs that do not include the USD, often between other major currencies.
- Exotics:
- Pairs that include a major currency and one from a smaller or emerging economy. These pairs are less liquid and can be more volatile.
Through XM, traders access a dynamic, responsive, and highly liquid Forex market with comprehensive tools and support to enhance their trading activities. This robust framework is designed to cater to traders with diverse strategies and objectives, offering opportunities for both speculative gains and effective risk management.
Cryptocurrencies Trading with XM
XM offers around-the-clock trading in cryptocurrencies, available 24/7. Key benefits for traders include:
- Zero Commissions:
- Trade without the burden of commissions, enhancing profitability.
- High Leverage:
- Leverage up to 500:1, allowing significant exposure to various cryptocurrencies with a relatively small amount of capital.
- Market Position:
- Flexibility to go short or long based on market movements, providing opportunities to profit in both rising and falling markets.
- Diverse Investment:
- An appealing alternative or complement to Forex trading.
- Competitive Spreads:
- Tight spreads and a firm no requotes policy ensure that traders receive the best possible prices without unexpected costs.
Invest in Cryptocurrencies with XM
Trading Terms and Details
XM maintains a clear and transparent trading environment. Here’s a snapshot of the trading conditions and options available for various cryptocurrencies:
- Trading Platforms:
- Cryptocurrencies can be traded on both MT4 and MT5 platforms, offering robust trading tools and charts.
- Trading Hours:
- Although trading is available 24/7, it is subject to brief pauses during weekend server maintenance to ensure optimal trading conditions.
- Leverage and Margin:
- Offers high leverage while maintaining a margin requirement as low as 0.2% for some currencies, providing significant trading flexibility.
- Spread and Trading Size:
- Competitive spreads start as low as 0.00173 for certain pairs, with minimum and maximum trade sizes tailored to accommodate both small-scale and larger traders.
Key Cryptocurrency Offerings and Specifications
Here are some specifics about the range of cryptocurrencies available for trading at XM:
- Diverse Cryptocurrency Pairs:
- Including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), alongside emerging options like Solana (SOL) and Polkadot (DOT).
- Minimum Trade Size:
- Starts from as low as 0.01 units, making it accessible for beginners.
- Maximum Trade Size:
- Varies by cryptocurrency, with some allowing positions as large as 7,000 units, catering to more aggressive trading strategies.
- No Minimum Margin Percentage:
- Low entry barriers with minimum margin percentages starting at 0.2% for major cryptocurrencies, increasing accessibility for all traders.
Invest in Cryptocurrencies with XM
Hedging and Risk Management
- Hedge Positions:
- XM allows hedging on cryptocurrency positions. The margin is consistently set at 50% when hedging, providing an effective risk management tool.
- Margin Level:
- Ensures that traders can maintain positions as long as their margin level is over 100%, safeguarding against market volatility.
XM’s Commitment to Quality Service
- Reliable Trading Environment:
- Ensures the stability and speed of all cryptocurrency transactions with advanced technological infrastructure.
- Server Maintenance:
- Scheduled maintenance during weekends minimizes disruptions and ensures seamless trading during the week.
XM’s cryptocurrency trading services combine flexibility, broad market access, and competitive trading conditions, making it an attractive platform for both new and experienced traders looking to diversify their trading strategies into the digital currency space.
Invest in Cryptocurrencies with XM
Stock and Turbo Stocks Trading at XM
Trading stock derivatives with XM provides investors with cost-effective and efficient access to global equity markets without the burden of commissions. Traders can speculate on market trends, whether upward or downward, and have the flexibility to go long or short based on market moves. This flexibility is ideal for portfolio diversification and for traders who wish to trade fractional shares on stock derivatives, enhancing accessibility and control over investment size.
Features of Turbo Stocks Trading with XM
Turbo Stocks at XM are a unique offering, allowing traders to leverage popular stocks with up to 200:1 leverage. This provides significant potential for profit from small price movements in some of the most well-known companies in the market such as Adidas, Amazon, Apple, and Google.
- Low Spreads and No Extra Fees:
- Enjoy some of the lowest spreads in the market starting from as little as 0.0076 for BP and no additional trading fees.
- Intraday Trading:
- Turbo Stocks have a daily expiration, with all positions closing at the end of the trading day, which allows traders to capitalize on volatile intraday movements.
- High Leverage:
- With 200:1 leverage, traders can maximize their trading power, controlling larger positions with a relatively small amount of capital.
- Margin Requirements:
- Flexible margin requirements ensure that traders can maintain positions as long as their margin level is over 100%, with a consistent 50% margin when hedging positions on derivatives.
Trading Conditions and Platform
- Trading Hours:
- Turbo Stocks derivatives align with the trading hours of the underlying stocks, allowing positions to be opened and closed throughout the trading day.
- Platform Availability:
- Turbo Stocks are exclusively available on the MT5 platform, known for its advanced trading features and capabilities.
- Account Types:
- Turbo Stocks can be traded under the Standard account type at XM.
Risk Management and Corporate Actions
- Automated Position Closure:
- All positions are automatically closed at the end of the trading day at the last available price, ensuring that traders do not carry over exposure to the next trading day.
- Corporate Actions:
- In the event of corporate actions, XM adjusts prices to mitigate the impact on traders, ensuring a level playing field.
Margin Calculations for Turbo Stocks
The margin for Turbo Stocks is calculated based on the lower of the account or symbol leverage. Here are a couple of examples to illustrate:
Example 1: Trading 10 lots of Turbo Amazon at an opening price of $100 with account leverage at 100:1 results in a required margin of $100.
Example 2: Trading 15 lots of Turbo Amazon at the same opening price with account leverage at 500:1 and symbol leverage at 200:1 results in a required margin of $75.
Eligibility and Dividends
Dividends: Since positions in Turbo Stocks are closed daily, traders are not eligible to receive dividends, which is a consideration for those looking to benefit from such payouts.
XM’s stock and Turbo Stocks derivatives offer a dynamic and flexible way for traders to engage with the stock market, providing tools and features that cater to both quick intraday trades and strategic long or short positions. With competitive conditions and a focus on technological efficiency, XM stands out as a robust platform for modern traders.
Commodity Trading at XM
Trading commodities at XM offers several benefits, tailored to enhance the trading experience for both novice and experienced traders. Without the need to physically own the underlying asset, traders can:
- Instantly Access Global Markets:
- Get immediate exposure to global commodity markets and economies.
- Speculate on Price Movements:
- Take positions on potential price movements, both uptrends and downtrends.
- Low Entry Requirements:
- Beginner traders can start with low deposit requirements, making it accessible to a broader audience.
- Flexibility in Positions:
- Ability to go short, allowing traders to profit from falling prices.
- No Additional Fees:
- Trade without worrying about stock exchange fees impacting returns.
Commodity Offerings at XM
XM provides a diverse range of commodities for trading on the MT4 and MT5 platforms, with competitive terms:
Symbol | Description | Value of Minimum Price Fluctuation | Spread as low as (quote currency) | Value of 1 lot | Min/Max Trade Size | Min Margin Percentage | Limit and Stop Levels |
---|---|---|---|---|---|---|---|
COCOA | US Cocoa | 1 USD | 15 | 1 Metric Ton | 1/500 | 2% | 0 |
COFFE | US Coffee | 1 USD | 0.0050 | 10,000 LBS | 1/40 | 2% | 0 |
CORN | US Corn | 0.04 USD | 0.0100 | 400 Bushels | 1/400 | 2% | 0 |
COTTO | US Cotton No. 2 | 1 USD | 0.0030 | 10,000 LBS | 1/100 | 2% | 0 |
HGCOP | High Grade Copper | 0.2 USD | 0.0060 | 2,000 LBS | 1/140 | 2% | 0 |
SBEAN | US Soybeans | 0.04 USD | 0.0185 | 400 Bushels | 1/160 | 2% | 0 |
SUGAR | US Sugar No. 11 | 1 USD | 0.0006 | 10,000 LBS | 1/550 | 2% | 0 |
WHEAT | US Wheat | 0.04 USD | 0.0165 | 400 Bushels | 1/290 | 2% | 0 |
Margin Requirements and Trading Conditions
Margin calculations for commodities are straightforward at XM: Lots * Contract Size * Opening Price * Margin Percentage. This allows for clarity and predictability in managing trading finances. Additionally, the margin is always set at 50% for hedged positions, provided the margin level remains above 100%.
Unique Features of Commodity Trading at XM
XM does not offer automatic rollovers for contracts that reach their expiration, which means traders must manually manage their positions as contracts near expiry. This feature gives traders control and prevents unexpected rollovers that could impact trading strategies.
Investing in commodities through XM offers strategic advantages, particularly in portfolio diversification and risk management. Commodities often move independently of stocks and bonds, providing a buffer against market volatility. Additionally, during periods of inflation or economic uncertainty, commodities like gold and oil can provide a hedge against risk, as their prices may rise when other investment values fall.
Trading commodities with XM is not just about accessing global markets; it’s also about leveraging opportunities in various economic conditions to mitigate risks and enhance potential returns. Whether you’re looking to trade soft commodities like coffee and sugar or more industrial commodities like copper and oil, XM provides the platforms, tools, and conditions needed to engage effectively with the global markets.
Equity Indices Trading with XM
Trading equity indices with XM grants traders cost-effective and direct access to global equity markets without the burden of additional fees. This approach provides:
- Immediate Market Access:
- Traders can instantly tap into global economies and their performance.
- Market Trend Speculation:
- Offers opportunities to speculate on both uptrends and downtrends, providing potential gains in varying market conditions.
- High Leverage Options:
- Up to 500:1 leverage, enabling significant market exposure for a fraction of the investment.
- Portfolio Diversification:
- Diversify trading strategies beyond individual stocks or commodities, reducing risk and enhancing potential returns.
Invest in Equity Indices with XM
Key Features and Conditions for Equity Indices at XM
XM supports a variety of equity indices with favorable trading conditions on both MT4 and MT5 platforms:
Symbol | Spread as low as | Max Trade Size | Min Margin Percentage | Max Leverage | Platform |
---|---|---|---|---|---|
AUS200Cash | 1.80 | 210 | 1% | 100 | MT4/MT5 |
GER40Cash | 1.80 | 230 | 0.2% | 500 | MT4 |
US30Cash | 4.00 | 160 | 0.2% | 500 | MT4/MT5 |
JP225Cash | 7.00 | 10010 | 0.2% | 500 | MT4 |
US500Cash | 0.57 | 740 | 0.2% | 500 | MT4/MT5 |
- Swap Rates:
- Calculated based on the index currency’s interbank rate. Swaps are applied at 00:00 GMT+2 and may involve a mark-up or deduction, depending on the position type.
- Dividend Adjustments:
- Equity index derivatives are adjusted for dividends, ensuring no impact on traders from underlying stock distributions, except for specific indices like GER40Cash, where dividends are reinvested in the index.
Invest in Equity Indices with XM
Understanding Margin and Leverage
- Margin Requirements:
- Calculated as Lots * Contract Size * Opening Price * Margin Percentage. This is not directly influenced by account leverage, ensuring clear and manageable risk parameters.
- Hedging:
- When hedging positions, the margin is always 50%, provided the overall margin level remains above 100%.
No Automatic Rollover: XM does not automatically rollover contracts for financial instruments that reach expiration, requiring traders to manually manage these positions.
Equity Indices Explained
Equity indices, or stock indices, measure the performance of sections of stock markets by tracking the price movements of constituent stocks. These indices can be broad, representing entire markets like the NASDAQ, or specific, representing sectors or regions. Calculation methods vary, primarily using price weighting or capitalization weighting, which influences how movements in individual stocks affect the overall index.
Invest in Equity Indices with XM
Popular Global Indices
- S&P 500 (US500):
- Represents approximately 75% of the American equity market by capitalization.
- Nikkei 225 (JP225):
- Tracks the performance of 225 large companies listed on the Tokyo Stock Exchange.
- FTSE 100 (UK100):
- Comprises the 100 most highly capitalized companies on the London Stock Exchange.
- DAX (GER40):
- Reflects the 40 major companies trading on the Frankfurt Stock Exchange.
Thematic Indices Trading
Thematic indices at XM allow traders to invest in specific trends or sectors such as technology, electric vehicles, or cryptocurrencies:
- Crypto 10 Index (Crypto_10):
- Tracks the top ten cryptocurrencies, providing a comprehensive view of this dynamic sector.
- Electric Vehicles UST Index (ElectricVehicles):
- Focuses on companies heavily involved in the electric vehicle industry.
These indices offer up to 50:1 leverage, and like other products at XM, they incur no additional fees aside from the spread. Thematic indices are particularly suited for traders looking to capitalize on specific economic trends or innovations, providing targeted exposure without the need to invest in individual stocks.
XM’s comprehensive offerings in equity and thematic indices provide robust options for traders looking to diversify their portfolios and tap into both traditional and innovative market sectors. With competitive conditions and strategic tools, XM facilitates a dynamic trading environment on global platforms.
Invest in Equity Indices with XM
Precious Metals Trading with XM
XM offers a comprehensive platform for trading precious metals like gold and silver, providing several significant benefits:
- Online Trading with No Requotes:
- Enjoy seamless trading without interruptions.
- Alternative Investment Opportunities:
- A robust option beyond traditional Forex trading.
- Zero Swap Fees:
- Benefit from no swap fees on Ultra Low Standard/Ultra Low Micro Accounts.
- Flexible Trading Positions:
- Ability to go short or long within the same account.
- High Leverage Options:
- Leverage up to 1000:1, maximizing potential returns.
- No Extra Trading Fees:
- Trade without the burden of additional costs.
Invest in Precious Metals with XM
Trading Specifications for Gold and Silver at XM
Symbol | Spread (pips) | Value of 1 lot | Platform |
---|---|---|---|
GOLD | 2.7 | 100 oz | MT4/MT5 |
SILVER | 3.3 | 5,000 oz | MT4/MT5 |
XAUEUR | 3.5 | 100 oz | MT5 |
Trading Hours: GOLD & SILVER: Monday – Thursday: 01:05 – 23:55, Friday: 01:05 – 23:50 (GMT+2, DST may apply).
Gold and silver are not just traditional havens; they are pivotal in the commodity markets due to their high economic value and historical significance. These metals serve as crucial hedge instruments against inflation and economic uncertainty.
- Market Dynamics:
- The markets for these metals are influenced by various global factors including financial institution investments, end-user demand, particularly from the jewelry sector, and broader economic conditions.
- Investment Security:
- Gold and silver maintain intrinsic value across economic cycles, enhancing their appeal as long-term investment choices.
Invest in Precious Metals with XM
Futures and Spot Contracts
Investors can engage in precious metals trading through futures and spot contracts:
- Futures Contracts:
- These are agreements to buy or sell a particular quantity of gold or silver at a predetermined price at a specified time in the future, allowing investors to hedge against price fluctuations.
- Spot Contracts:
- These involve the immediate buying or selling of metal for payment and delivery on the spot date, typically two business days after the trade date.
Strategic Trading and Hedging
Trading precious metals allows for strategic investment moves:
- Diversification:
- Metals add a diversifying component to investment portfolios, often moving differently than other asset classes.
- Risk Management:
- Futures contracts enable both hedging against and capitalizing on metal price fluctuations.
Invest in Precious Metals with XM
Global Influence and Historical Context
- Historical Significance:
- Gold has been a symbol of wealth since prehistoric times, used in bartering and later as a standard in monetary systems. Silver, similarly, has served as a basis for monetary exchange and retains significant industrial demand.
- Modern Applications:
- Beyond investment, gold and silver are used extensively in industries such as electronics and jewelry, influencing their market dynamics.
In modern markets, trading gold and silver offers avenues for both risk management and speculative opportunities. XM’s trading platform provides the tools necessary for effective trading strategies, including futures and spot contracts, with detailed market data and accessible trading conditions. This ensures that traders can respond swiftly to market changes, enhancing their potential to achieve profitable outcomes in both rising and falling markets.
Energies Trading with XM
Trading oil and other energy commodities through XM offers distinct advantages, making it attractive for traders who appreciate market dynamics and are looking for robust trading opportunities:
- High Volatility:
- Benefit from greater price movements which provide more trading opportunities.
- Active Commodities:
- Oil is one of the most traded commodities globally, presenting numerous profit-making possibilities.
- Flexible Trading Positions:
- Options to go short or long allow traders to act on their market predictions effectively.
- Low Margin Requirements:
- Trade on margins as low as $5 USD.
- No Overnight Financing on Oil:
- Avoid additional costs that can impact profitability.
- No Extra Fees:
- Trade with transparency without worrying about hidden costs.
Key Trading Conditions for Energy Commodities at XM
XM provides competitive trading conditions for a range of energy commodities:
Symbol | Spread as low as | Min/Max Trade Size | Min Margin Percentage | Max Leverage | Platform |
---|---|---|---|---|---|
BRENTCash | 0.03 | 0.01/250 | 0.5% | 200 | MT5 |
NGASCash | 0.012 | 0.01/550 | 0.5% | 200 | MT5 |
OILCash | 0.03 | 0.01/300 | 0.5% | 200 | MT5 |
- Margin Requirements:
- Calculated as Lots * Contract Size * Opening Price / the lowest of Account or Symbol Leverage, ensuring straightforward and predictable financial management.
- Swap Charges:
- For positions held open at the close of trading on Friday, swap is charged for three days.
- Hedging:
- When hedging positions on derivatives, the margin is consistently set at 50% if your margin level is over 100%.
- Contract Rollovers:
- XM does not offer automatic rollover for contracts that reach their expiration date, meaning positions will be closed at market close if not managed manually.
The Energy Market Landscape
Energy commodities such as crude oil and natural gas exhibit high volatility due to several influencing factors:
- Economic Activity:
- Global economic growth strongly impacts energy demand. High economic activity increases energy consumption, while stagnation can decrease it.
- Geopolitical Factors:
- Political instability in major oil and gas-producing regions can lead to price spikes or drops due to potential supply disruptions.
- Environmental Conditions:
- Severe weather conditions can greatly affect energy production and distribution, impacting prices due to altered supply dynamics.
Trading Oil as a Strategic Instrumen
Oil trading operates on a 24-hour basis, accommodating traders across different time zones and offering constant trading opportunities. This around-the-clock market is particularly favorable for:
- Day Traders:
- Those who operate on tight time frames and aim to capitalize on quick price changes.
- Long-Term Investors:
- Market participants looking to hedge or take positions based on broader economic forecasts.
- Technical Considerations:
- Price Caps and Floors: Trading platforms are configured to manage trades effectively even when prices hit extreme lows or highs.
- Risk Management Tools:
- XM offers tools and features to help manage trading risks efficiently, adapting to both rapid and gradual price changes in the energy market.
Trading energy commodities with XM provides traders with a high-octane environment characterized by significant price movements and opportunities. Whether engaging in day trading or looking for longer-term investment opportunities, XM’s platform offers the tools, conditions, and support needed to actively participate in global energy markets.
Ultra-Fast Trade Execution with XM
XM is committed to providing an exceptionally fast trading execution environment without any requotes or order rejections. XM has maintained a strict policy ensuring that 99.35% of all orders are executed in less than one second, guaranteeing not only speed but also reliability in every trade.
Real-Time Market Execution
- No Re-quotes Policy:
- XM has implemented a robust system that avoids requotes entirely, ensuring that your trades are executed without any delay.
- 100% Execution Rate:
- Every order you place is guaranteed to be executed, with no rejections whatsoever.
- Direct Order Placement:
- Whether online or over the phone, you can place market, limit, stop, and trailing stop orders anytime during trading hours.
Since 2010, XM has been a leader in fair trading practices by offering an unequivocal no re-quotes and no rejections policy. XM prides themselves on transparency and efficiency, ensuring that its clients can trade with the utmost confidence.
Trade with the Ultra-Fast Trade Execution
Advanced Order Handling
- Flexible Trading Options:
- XM’s platform supports various order types, enhancing your strategic trading capabilities.
- Telephone Trading:
- For those who prefer personal interaction, XM’s dealers are available to process trades over the phone.
- Real-Time Updates:
- Your account balance is continuously updated to reflect real-time market prices, keeping you informed of your trading status at all times.
- Fractional Pip Pricing
- With fractional pip pricing, XM offers tighter spreads and the most precise quoting possible, allowing you to benefit from the smallest price movements.
- Simultaneous Positions
- Maintain up to 300 open positions per client, including pending orders, giving you substantial scope to diversify your trading portfolio.
- Guaranteed Fills on Market Orders
- Trade large volumes with certainty. XM guarantees fills on market orders up to 50 lots (5 million). For larger amounts, orders can be divided into manageable sizes to ensure optimal execution.
- Reliable Stop-Loss and Limit Orders
- Understanding the critical role of risk management, XM guarantees fills on stop-loss and limit orders up to 50 lots at the best available market price, protecting your investments from unexpected market movements.
- Holiday and Weekend Execution
- XM ensures that any market gaps occurring over weekends are addressed by executing all pending limit or stop orders at the first available market price for the corresponding position size at market opening.
- Trading in Volatile or Illiquid Markets
- Even in unpredictable market conditions, XM remains committed to providing the best available market prices, thanks to the strong partnerships with multiple liquidity providers.
- Trading Platforms
- Choose from 10 cutting-edge trading platforms, designed to cater to any device, enhancing your trading experience whether you are at home or on the go.
Trade with XM and experience the benefits of a broker that offers you a real-time, reliable, and responsive trading environment.
Trade with the Ultra-Fast Trade Execution
Trading with XM’s Competitive Spreads
XM offers exceptionally tight spreads as low as 0.6 pips on all major currency pairs. This advantage extends to all clients, regardless of their account types or trade sizes, ensuring that everyone benefits from the same competitive rates.
Comprehensive Range of Financial Instruments
- Wide Selection:
- With over 1000 financial instruments available, XM’s traders can choose from a broad array of options including currencies, stocks, commodities, and indices.
- No Hidden Fees:
- XM maintains a transparent fee structure with no hidden charges, enabling traders to manage their investments efficiently.
- Variable Spreads: Flexibility and Fair Pricing
- Interbank Market Model: XM operates with variable spreads that reflect the real-time conditions of the interbank forex market. This approach ensures that XM’s spreads are competitively low during all trading conditions.
- Avoid Fixed Spread Premiums: Unlike fixed spreads, XM’s variable spreads do not come with the additional cost of an “insurance premium” which can make trading costlier especially during volatile periods.
- Trading Without Restrictions
- No Trading Restrictions During News Releases: XM does not impose any trading restrictions around news announcements, which allows you to trade with confidence and capitalize on market movements when they happen.
- Fractional Pip Pricing for Precision
- Enhanced Pricing Model: XM utilizes fractional pip pricing, which enables you to benefit from smaller price increments and tighter spreads. By adding a fifth decimal place to the quoting prices, XM provides you with the most accurate rates possible, allowing for better execution and improved transaction transparency.
- Commitment to Best Execution
- Quality Execution: XM’s commitment to providing tight spreads is complemented by the dedication to execution quality. Every trade is executed with precision, ensuring that you receive the best possible trading experience without slippage or unnecessary delays.
XM is dedicated to providing a trading environment that is not only cost-effective but also highly conducive to successful trading. XM’s policies and pricing models are designed to ensure that all traders have the best tools at their disposal to engage the markets effectively. Whether you’re trading major currency pairs or diversifying with other financial instruments, XM’s tight spreads and robust execution policies enhance your trading strategy, helping you to achieve your investment goals with greater accuracy and reliability.
Leveraging Your Trades with XM
XM offers a flexible leverage range that extends from 1:1 up to a remarkable 1000:1, providing its clients with the unique ability to choose the level of leverage that best suits their trading style and risk tolerance.
Key Features of XM’s Leverage and Margin Requirements:
- Negative Balance Protection:
- Ensures that traders do not lose more than their account balance.
- Real-Time Risk Exposure Monitoring:
- Keeps traders informed about their risk levels during trading hours.
- Stable Margin Requirements:
- XM maintains consistent margin requirements that do not widen overnight or over weekends.
For total equity ranging from $5 to $40,000, leverage can be extended up to 1000:1.
As the equity increases, the maximum leverage available scales down, adapting to the size of your trading operations and maintaining risk management standards.
About Margin
Margin is essentially the amount of capital required to open and maintain positions. It is set aside from your trading balance to cover any potential losses from the trade:
- Margin Percentage:
- Typically a small percentage of the position size, such as 1% or 0.5%, depending on the leverage.
- Margin Calculations:
- Are made by multiplying the lot size by the contract size by the open price, divided by the leverage.
Dynamic Margin for Cryptocurrencies
- Adaptive Leverage:
- For cryptocurrency CFDs, leverage adapts automatically based on the traded volume, increasing margin requirements as exposure increases.
- Example Calculations:
- Provide clarity on how margin adjusts with changing trade sizes and market prices, ensuring traders can plan their strategies accordingly.
Margin and Leverage Examples
Example 1: Trading US30Cash with a USD account at an opening price of 34,500 and account leverage of 200:1 results in a required margin of $1,725 for 10 lots.
Example 2: At the same settings but with an account leverage of 888:1, the required margin decreases, reflecting the higher leverage.
XM Leverage Policy
- Flexible Settings:
- Leverage can be adjusted from as low as 1:1 to as high as 1000:1, depending on your account type and trading preferences.
- Protection Measures:
- XM monitors leverage ratios continuously, reserving the right to adjust leverage to align with risk management protocols.
Risk Associated with High Leverage
- High Reward and High Risk:
- While high leverage can amplify returns, it also increases the risk of substantial losses, which can exceed deposits in volatile market conditions.
- Leverage Management:
- It is crucial to manage leverage sensibly, opting for settings that align with your risk tolerance and trading strategy.
Real-Time Margin Monitoring
- Used and Free Margin:
- XM provides real-time updates on used and free margin, helping traders manage their funds effectively and avoid margin calls.
- Margin Call and Stop-Out Levels:
- In situations where account equity falls below required levels, XM will issue margin calls. If equity continues to drop, reaching the stop-out level, positions may be automatically closed to prevent further losses.
Trading with XM gives you access to a sophisticated leverage system designed to enhance your trading potential while implementing robust risk management features. Whether you are trading forex, gold, or cryptocurrencies, XM’s platform ensures that you have the tools necessary to manage your trades effectively and leverage your investments wisely.
Rollover in Forex and Energies Trading with XM
Rollover in trading refers to the process where the settlement of an open position is rolled forward to another value date. At XM, rollover is essential for those who hold positions open overnight beyond 22:00 GMT, the recognized end of the trading day.
Competitive and Transparent Swap Rates
- Competitive Rates:
- XM offers competitive swap rates that are crucial for traders who hold positions overnight. These rates are calculated based on the current interest rates of the involved currencies or the underlying assets of other instruments.
- 3-Day Rollover Strategy:
- On Wednesdays for Forex and Spot Metals and Fridays for CFDs on Cash Indices, Cash Energies, and Stocks, XM applies a three-day rollover charge to cover the weekend period when banks still calculate interest.
- Transparent Calculations:
- XM maintains transparency in how rollover is calculated and applied, ensuring traders can manage their trading strategies with full knowledge of potential costs.
Rollover Calculations Explained
Forex and Spot Metals: Rollover for forex pairs and metals like gold and silver involves the tomorrow-next day (tom-next) rate plus or minus XM’s markup. This rate compensates for the difference in interest rates between the two currencies involved in a trade.
For example, if trading USDJPY, a long position might receive an interest credit if the interest rate on USD is higher than that on JPY, minus XM’s markup. Conversely, a short position would result in an interest debit adjusted by the same markup.
Stocks and Stock Indices: For stocks and indices, the rollover rate is determined by the short-term interbank rate relevant to the stock’s country of origin, adjusted for long or short positions via XM’s markup.
For instance, holding a long position in a UK-listed stock would involve a calculation based on the UK’s interbank rate minus XM’s daily markup, spread across the year (divided by 365).
Cryptocurrencies CFDs: The rollover for cryptocurrency CFDs depends on the financing cost of the leverage used and the market conditions. Rollover fees apply Monday through Friday, with a triple charge applied on Fridays to cover the weekend.
Booking Rollover at XM
- Daily Cutoff Time:
- Positions that are still open at 22:00 GMT are subject to rollover. This time marks both the close of one trading day and the beginning of the next.
- Impact on Trading Accounts:
- Following the daily cutoff, any credits or debits associated with rollover will be processed and reflected in the trader’s account typically within an hour.
How Rollover Influences Trading Strategy
Understanding and anticipating rollover charges is vital for effective risk management, especially for traders who prefer to hold positions for extended periods. Rollover can affect profitability, particularly if a position is held over long durations where the compounded impact of swap rates can be significant.
Long-term traders need to consider the cumulative impact of daily swaps, especially when trading pairs with large interest rate differentials or in volatile markets.
Day traders typically avoid rollover charges altogether by closing positions before the daily cutoff time; however, knowing the details can influence decisions near the end of the trading day.
Rollover reflects the cost of carrying positions overnight and is a fundamental aspect of forex and CFD trading. It is influenced by multiple factors including market conditions, the interest rates of the currencies involved, and the specifics of the contract. For XM clients, understanding these factors and how they apply can enhance trading performance and strategic decision-making.
Forex Market Hours and Online Trading with XM
XM provides access to forex trading around the clock from Sunday 22:05 GMT to Friday 21:50 GMT, accommodating various global markets and trading sessions. This continuous operation allows traders to respond to global financial news as it happens, maximizing trading opportunities.
Understanding Forex Market Hours
The forex market operates in different major trading sessions:
- New York Session:
- Active from 1:00 pm to 10:00 pm GMT, where major financial transactions are made in the United States.
- Sydney Session:
- Begins at 10:00 pm GMT, marking the start of the forex trading day.
- Tokyo Session:
- Runs from 00:00 am to 9:00 am GMT, overlapping with late Sydney hours.
- London Session:
- Starts at 8:00 am and closes at 5:00 pm GMT, overlapping significantly with the New York session.
These overlapping periods are crucial as they generally see the highest trading volume and significant price movements.
Optimal Trading Times
The most active forex trading periods occur during the overlaps of major markets. Specifically, the overlap between the US and London markets (1 pm GMT – 4 pm GMT) presents optimal trading opportunities due to the high volume of trades. Key currencies during these hours include EUR, GBP, USD, AUD, and JPY.
Key Considerations for Forex Traders:
- Market Activity:
- Understanding when major forex markets are open can guide traders in planning their strategies around high activity periods, which offer greater financial opportunity due to increased market liquidity.
- Economic Releases:
- Major economic announcements can cause significant volatility. Being aware of the schedule for such releases may influence trading decisions. Traders can choose to trade based on the news or pause trading to avoid potential risks associated with high volatility.
Trading Sessions Characteristics:
- London Session:
- Dominated by transactions in EUR, GBP, and USD.
- US Session:
- Features high trade volumes in USD, EUR, GBP, AUD, and JPY.
- Asian Session:
- Known for being quieter and thus less suited to aggressive day trading strategies but offers opportunities in currency pairs involving Asian currencies.
Online Trading with XM
- Platform Availability:
- While the XM platform is operational for trading throughout the week, it does not execute trades when the dealing desk is closed. However, the platform remains available for viewing.
- Support Services:
- XM’s customer support is available 24/7 to assist with any inquiries, technical issues, or urgent needs. Effective communication is ensured by requiring account login details to assist with specific orders or trading issues.
- Order Execution:
- Traders need to provide ticket numbers for modifications like closing positions or setting take profit or stop-loss orders. XM emphasizes secure and efficient trading with protocols to confirm identity and intent before executing transactions.
XM offers traders the flexibility to engage with the forex market across different global trading sessions, providing opportunities to trade based on market activity and economic announcements. With 24/7 support and a robust online platform, XM ensures that traders can not only execute trades efficiently but also receive necessary support anytime during the trading week.
XM MetaTrader 4 (MT4)
XM offers an advanced MT4 platform optimized for exceptional trading execution. With no requotes and no rejections, XM ensures a seamless trading experience. XM’s MT4 platform allows traders to operate with flexible leverage ranging from 1:1 up to an extraordinary 1000:1.
Features of XM MT4
- Diverse Trading Instruments:
- Access over 1000 instruments including Forex, Cryptocurrencies, CFDs, and Futures.
- Unified Access:
- A single login grants access to 8 different platforms, simplifying the trading process.
- Competitive Spreads:
- Benefit from low spreads starting at just 0.6 pips.
- Advanced Trading Functions:
- Full EA (Expert Advisor) functionality, 1 Click Trading, and a suite of technical analysis tools equipped with 50 indicators and charting tools.
- Flexibility in Trading:
- Supports micro lot accounts, hedging, and VPS functionality.
Seamless Installation of XM MT4
Download and Install:
- Download the MT4 terminal here.
- Run the downloaded XM.exe file and follow the on-screen instructions to install.
- Launch MT4 and enter your login details (real or demo account).
Main Features of XM MT4
- Robust Trading System:
- Supports all types of orders including market, limit, stop, and trailing stop.
- Technical Analysis Overhaul:
- Comprehensive tools with over 50 indicators for a robust analysis environment.
- Security and Backup:
- Ensures full data backup and security integrated within the platform.
- Multilingual Support:
- Built-in help guides for MetaTrader 4 and MetaQuotes Language 4 available in multiple languages.
System Requirements for Optimal Performance
- Operating System: Windows 10 or higher recommended.
- Processor: Minimum of 2 core CPU with SSE2/AVX support.
- Memory: At least 4GB of RAM.
- Storage: 50GB SSD for faster data handling.
- Internet: Broadband connection with a minimum of 15 Mbps.
To trade on the MT4 platform, you need an exclusive MT4 trading account, which can be opened here. Unfortunately, MT5 account IDs cannot access the MT4 platform due to differing system functionalities.
Account Management
- Verification:
- Existing XM clients can open an MT4 account via the Members Area without resubmitting verification documents. New clients must submit all necessary documents.
- Stock CFD Trading:
- Requires an MT5 account, as MT4 does not support stock CFDs.
MT4 users can engage with a variety of instruments including Stock Indices, Forex, Cryptocurrencies, Precious Metals, and Energies. Note, individual stocks are traded on the MT5 platform.
Why MetaTrader 4?
Since its release in 2005, MT4 has set the standard for trading platforms, offering unparalleled functionality for trading Forex and CFDs. Its user-friendly interface combined with powerful analytical tools makes it accessible to both novice and experienced traders. MT4’s capability to support automated trading through expert advisors enhances its functionality, allowing users to execute strategies automatically.
Mobile and Tablet Accessibility
MT4 is fully compatible with mobile devices and tablets, providing flexible trading solutions on-the-go. Whether you’re using iOS or Android, MT4’s mobile applications ensure you can manage your trading account, analyze the markets, and trade anytime, anywhere.
XM MT4’s blend of intuitive interface, extensive functionality, and robust security measures makes it a premier choice for traders aiming to leverage the global markets effectively. Whether you are at your desk or on the move, XM MT4 provides all the tools you need to analyze the markets and manage your trades efficiently.
MetaTrader 5 (MT5) from XM
XM MT5 builds on the powerful features of MT4, integrating the capability to trade 1000+ CFDs on stocks, making it a versatile multi-asset platform. This platform enables trading across various asset classes including Forex, Cryptocurrencies, Gold, Oil, and Equity Indices, all from a single interface. It offers unparalleled trading conditions with no rejections or requotes and up to 1000:1 leverage.
Comprehensive Features of XM MT5
- Extensive Range of Instruments:
- Trade over 1000 instruments like Stock CFDs, Stock Indices CFDs, Forex, Cryptocurrencies, Precious Metals, and Energies.
- Unified Platform Access:
- Single login access to 9 platforms, enhancing user experience.
- Competitive Pricing:
- Spreads start as low as 0.6 pips.
- Advanced Trading Tools:
- Full EA functionality, one-click trading, and support for all order types.
- Analytical Capabilities:
- Over 80 technical analysis objects and market depth of the latest price quotes.
- Flexible Trading Options:
- Includes hedging capabilities and the allowance of micro lot accounts.
Getting Started with XM MT5
- Installation: Download the platform here, run the installer, and follow the setup instructions.
- Account Setup: Easily open an account or log in with existing credentials and start trading.
Enhanced Trading Functions
- Multiple Assets:
- Trade on a multi-asset platform that supports various financial instruments.
- Simultaneous Operations:
- Display 100 charts simultaneously for comprehensive monitoring.
- Superior Analytics:
- Utilize over 80 technical indicators and more than 40 analytical tools.
- Mobile and Web Trading:
- Trade on-the-go with apps for Android & iOS, and access via any web browser.
System Specifications for Optimal Performance
- Operating System: Windows 10 or higher recommended.
- Processor: 4 core CPU with SSE2/AVX support.
- RAM: At least 8GB.
- Storage: 50GB SSD for optimal speed.
- Network: Broadband internet connection with at least 30Mbps.
Transitioning to MT5
- MT5 Accounts:
- Existing MT4 account holders will need a separate MT5 account to access the new features. Open an MT5 account here.
- Account Verification:
- Existing clients can add an MT5 account via the Members Area without re-submitting verification documents; new clients must provide necessary documentation.
Trading Capabilities on MT5
- Diverse Instruments:
- Access a wide range of trading instruments across various markets.
- Future-Proof Technology:
- Built with the latest technology to ensure high-speed trading and advanced charting.
MT5 not only provides everything that MT4 offers but also additional capabilities like stock trading, enhanced scripting tools, and more comprehensive charting and analysis tools. Whether you’re looking to trade forex or diversify into other asset classes, MT5 provides a robust platform designed to cater to advanced trading needs.
Mobile Trading Solutions
Experience seamless mobile trading with MT5 apps designed for both Android and iOS devices. Manage your account, execute trades, and analyze markets directly from your smartphone or tablet.
MetaTrader 5 by XM offers a comprehensive trading solution for today’s diverse and dynamic markets. With its enhanced features and multi-asset capabilities, it’s designed to offer a superior trading experience. Whether you’re a beginner or a professional trader, MT5 provides the tools and functionality needed to achieve your trading objectives effectively.
XM Copy Trading: Simplify Your Trading
Join over 100,000 clients who enjoy the benefits of XM Copy Trading. This innovative platform allows you to copy the trading strategies of experienced traders with proven track records, offering a straightforward way to potentially enhance your investment results.
Features of XM Copy Trading
- Copy Proven Strategies:
- Access a wide selection of tested strategies and replicate their trades in your account. Enjoy the convenience of automatic trade execution and only pay a fee from the profits you make.
- Diversify Your Portfolio:
- With the option to copy multiple strategies, diversify your investment to optimize your potential returns.
- Contribute Your Trading Expertise:
- If you have effective trading strategies, share them on the platform and earn up to 50% in profit shares from the traders who copy you.
Connect with over 10 million traders globally. Engage, share, and learn with some of the best traders in the market. XM Copy Trading isn’t just a platform; it’s a community where you can grow your network, exchange trading ideas, and discover new opportunities.
Seamless Trading Experience
- Effortless Strategy Selection:
- Use XM’s intuitive filters to quickly find strategies that align with your trading goals. Whether you’re interested in Forex, Indices, Cryptocurrencies, Commodities, or Algorithmic trading, XM Copy Trading caters to all your needs.
- Platform Accessibility:
- Trade on-the-go using XM’s fully optimized platforms for desktop, iOS, and Android. Experience unmatched execution speed with over 150,000 trades processed daily.
Financial Success with Copy Trading
- Profit from Your Trading Acumen:
- Join countless Strategy Managers who have collectively earned over $1 million in profit share. With XM, your successful strategies are directly rewarded.
- Risk Management:
- Diversify your trading strategies to spread risk, while still capitalizing on the expertise of top traders.
Getting Started is Simple
- Create and Verify Your Account: Quick and secure account setup.
- Choose Your Role: Register as an Investor to copy strategies or as a Strategy Manager to share your strategies.
- Start Trading: Begin copying successful strategies or publish your own to start earning from your trading insights.
Frequently Asked Questions
- What is Copy Trading?
- It’s a form of portfolio management where you automatically copy the trades of other traders. It’s ideal for those who prefer to leverage the expertise of experienced traders.
- Can I Be Both a Strategy Manager and an XM Partner?
- Absolutely! Enhance your earning potential by taking on both roles seamlessly.
- Is Copy Trading Suitable for Beginners?
- Yes, it’s perfect for newcomers. It provides a practical learning opportunity by following seasoned traders while you continue to build and refine your trading strategy.
With XM Copy Trading, you engage with a platform that is rooted in accessibility, transparency, and community. Whether you’re a novice looking to learn from the market or an experienced trader eager to share your strategies and earn, XM Copy Trading is designed to support your trading ambitions at every step of the journey. Join today and transform the way you trade.
€25 Trading Bonus: Jumpstart Your Trading
Get off to a promising start with XM by taking advantage of the €25 Trading Bonus, designed to welcome new clients. Experience the thrill of trading with real capital without the need to deposit your own funds. This unique offer is equivalent to 30 USD, 20 GBP, 25 CHF, 3000 JPY, and other currencies, making it accessible to a global audience.
Key Benefits of the XM Trading Bonus:
- No Deposit Required:
- Start trading without any initial financial commitment.
- Automatically Credited:
- The bonus is instantly added to your account upon the completion of your application.
- Profit Withdrawal:
- Any profits you earn from trading can be withdrawn.
- Exclusive to New Clients:
- This offer is available if you’re opening your first Real Account with XM.
The €25 Trading Bonus is designed to allow new traders to explore the trading environment with reduced risk. You can use the bonus to execute trades in real market conditions without the anxiety of risking your own money. Although the bonus itself is not withdrawable, any profits you generate are yours to keep.
Eligibility Criteria
This bonus is available to every new client of XM. However, availability may vary based on geographic location. Note that this bonus needs to be claimed within 30 days of account registration, after which it will no longer be accessible.
Proportional Bonus Removal Example
If you decide to withdraw your profits, the bonus amount will be reduced proportionally. Here’s how it works:
Example: If your account starts with a €30 bonus and you earn €100 profit, your balance will be €130. If you withdraw €40 (40% of your balance), €12 (40% of your bonus) will be deducted from the bonus.
How to Claim Your €25 Trading Bonus
- Open a Real Account: Complete the registration form on XM’s website.
- Verify Your Account: Log into the Members Area and submit the necessary identification documents to verify your account.
- Claim Your Bonus: Once your account is set up and verified, locate the option to claim your bonus within the Members Area and follow the prompts.
- Complete Voice Verification: Follow the on-screen instructions to complete the voice verification process, securing your bonus and enabling trading.
Take the first step towards becoming a part of the global trading community with XM. The €25 Trading Bonus is here to help you develop your trading skills and potentially increase your market success without the initial deposit stress. With XM, you’re not just trading; you’re joining a broker that is committed to providing exceptional trading conditions and education.
XM’s Deposit Bonus: Up to $5,000
XM is excited to offer a new deposit bonus scheme that significantly enhances your trading capital. With a two-tier bonus system, you can receive up to $500 with a 50% bonus on your initial deposit and up to $4,500 with a subsequent 20% bonus, potentially adding a grand total of $5,000 to your trading funds.
Key Details of the XM Deposit Bonus:
- 50% Bonus on Deposits Up to $1,000:
- Earn a 50% bonus on your initial deposit up to a bonus of $500.
- 20% Bonus on Additional Deposits:
- Continue to receive a 20% bonus on further deposits until the total bonus amount reaches $5,000.
- Instant Bonus Credit:
- Your bonus is credited instantly to your account upon your deposit.
- Minimum Deposit of Just $5:
- Start small and still benefit from XM’s bonus offer.
- Eligibility for MT4 and MT5 Accounts:
- Applicable across both trading platforms.
- Non-Withdrawable Bonus:
- Use the bonus to increase your trading volume and access larger positions.
This offer is available to all clients making cash deposits until the total maximum bonus of $5,000 is reached. Note that Ultra Low Micro and Ultra Low Standard accounts are excluded from this promotion.
How Does the Deposit Bonus Work?
The bonus is applied as follows, enhancing both your trading potential and ability to handle larger transactions:
- Deposits up to $1,000 receive a 50% bonus.
- Additional deposits receive a 20% bonus until the maximum bonus of $5,000 is reached.
- Any profits derived from trading can be withdrawn at any time. However, please be aware that withdrawing funds will result in a proportional decrease in your bonus.
Examples of How the Deposit Bonus Works:
- Deposit $1,000: Receive a $500 bonus, giving you a total trading capital of $1,500.
- Deposit $10,000: Receive a total bonus of $2,300 (comprising $500 from the first $1,000 and $1,800 from the remaining $9,000), resulting in a total trading capital of $12,300.
- Deposit $23,500: Max out the bonus with $500 on the first $1,000 and $4,500 on the next $22,500, totaling a $5,000 bonus and $28,500 in trading capital.
Withdrawal and Bonus Reduction
When you withdraw funds, the bonus amount will be reduced proportionally to the amount withdrawn. Here’s how it affects your account:
- Withdraw $250 from a $1,000 deposit: $125 is deducted from your $500 bonus.
- Withdraw $1,000 from a $2,000 deposit: $350 is deducted from your $700 bonus.
- Withdraw $3,000 from a $1,000 deposit with $2,000 profit: The full $500 bonus is deducted.
Get Started with Your Bonus Today
- Open an XM Real Account if you haven’t already.
- Make a Deposit using your preferred payment method.
- Claim Your Bonus through the Members Area upon making your deposit.
- Start Trading with your enhanced capital!
Maximize your trading potential with XM’s generous deposit bonus, designed to give you more leverage while safeguarding your investments with the straightforward terms and instant bonus access.
XM Social Competitions: Trading, Winning, and Learning
Whether you’re new to trading or have years of experience, XM’s trading competitions provide an exciting platform to showcase your strategies, compete with peers, and potentially win substantial cash prizes. With no entry fees and open to all traders, XM’s competitions are an excellent way to test your skills in a risk-managed environment.
How to Participate
- Choose Your Account: Select either a Real or Demo account to participate in the competitions.
- No Entry Fee: Join any competition without any cost.
- Win Withdrawable Cash: Prizes are real and withdrawable, giving you a great incentive to participate.
Available Competitions
- Real Account Competitions:
- Use your actual XM trading account to compete and win real cash prizes.
- Demo Account Competitions:
- Practice risk-free with virtual money and still stand a chance to win real cash.
Benefits of Joining XM Competitions
- Cash Prizes:
- Compete to win cash prizes that you can withdraw.
- Skill Enhancement:
- Test and improve your trading strategies in a competitive environment.
- Inclusivity:
- Open to traders of all levels of experience.
- Peer Benchmarking:
- See how your trading strategies stack up against those of other traders.
- Learning Opportunity:
- Gain new trading insights and ideas from observing peers.
Performance Measurement
Performance for each trader is calculated as follows:
Performance = (Equity (initial) + D / Equity (current) − Equity (initial) + W − D)
Equity (current): Your equity at regular evaluation intervals.
Equity (initial): Your starting equity when you joined the competition.
D: Deposits made after joining.
W: Withdrawals made during the competition.
Key Rules and Considerations
- Multiple Entries:
- You can participate in multiple competitions simultaneously with different accounts.
- Expert Advisors:
- EAs are permitted, enhancing your competitive edge.
- Tier System:
- Some competitions may have tiers based on the entry equity, each with different prize structures.
Ranking and Prizes
- Continuous Updates:
- Rankings are updated regularly, reflecting the latest performance of all competitors.
- Tiebreakers:
- In the event of a tie, the prizes are split evenly among the winners.
How to Join?
- Real Competitions:
- Directly join through your Real XM account.
- Demo Competitions:
- Sign up easily and receive a pre-funded demo account for the competition.
FAQs
- Can I join a competition with open trades?
- Yes, performance is calculated based on changes in equity after you join, not including previously open positions.
- What if I make a deposit or withdrawal?
- These will not affect your performance score but be mindful of the rules regarding withdrawals.
- What happens in a tie?
- Prizes are shared equally among traders with identical performance scores.
XM competitions are designed not just for winning but for learning and developing as a trader. They offer a unique opportunity to engage with the markets, understand your risk profile, and refine your strategies in a dynamic setting. Join today and start competing with traders from around the world!
XM Loyalty Program
XM appreciates and reward its loyal clients. The comprehensive loyalty program is designed to generously compensate your trading activity with a multitude of benefits and bonuses. Throughout the year, XM also offers special seasonal bonuses for certain occasions, available for a limited time only. Additionally, XM provides exclusive bonuses on an invitation-only basis.
The cornerstone of the XM Loyalty Program is the ability to earn XM Points (XMP) as you trade. Each lot traded accumulates XMP, which increases as you progress through various loyalty levels: Executive, Gold, Diamond, and Elite.
Loyalty Levels Explained
- Executive
- Start your journey here, earning 7 XMP per lot.
- Gold
- After 30 days of trading, upgrade to Gold to earn 10 XMP per lot.
- Diamond
- Reach Diamond level after 60 days to earn 13 XMP per lot.
- Elite
- Attain Elite status after 100 days with the highest rate of 16 XMP per lot.
How to Earn and Use XM Points
- Earning Points
- Every standard lot you trade earns you XMP, starting from 7 XMP at the Executive level up to 16 XMP at the Elite level.
- Using Points
- Redeem your XMP for trading credit bonuses anytime. For example, 3,000 XMP can be exchanged for a $1,000 credit bonus. You can choose to redeem all or part of your XMP balance.
Real-Time Tracking and Redemption
Monitor your XMP balance and its equivalent credit bonus value in real-time via the Members Area. This platform makes it easy to convert your XMP into trading credits, enhancing your trading capacity.
Examples of XMP Redemption and Bonus Impact:
- Redemption
- If you redeem 3,000 XMP, you receive a $1,000 trading bonus. If this bonus helps generate a profit of $1,500, and you decide to withdraw $750, a proportional $500 of your bonus will be deducted.
- Small Redemption
- Redeeming 900 XMP gives you a $300 bonus. If you make a $200 profit and decide to withdraw $225, $135 of the bonus will be deducted.
There’s no need for signup forms or special enrollment. As soon as you begin trading with a Real Account, you are automatically part of the XM Loyalty Program. Start trading, and start earning today.
Loyalty Program Perks
- Automatic Enrollment
- All Real Account clients are automatically included.
- Incremental Benefits
- Increase your earning rate with each loyalty level.
- Flexible Redemption
- Use XMP for credit bonuses any time without restrictions.
XM’s Loyalty Program is designed not just to reward your trading activity but to enhance it, providing you with additional resources to support and sustain your trading strategies. Whether you’re just starting out or have been trading for a while, XM’s loyalty program is here to help you maximize every trade.
XM’s Free VPS Services
Unlock the full potential of your trading strategies with XM’s VPS services, designed to ensure continuous operation and exceptional speed. This service is perfect for traders who use Expert Advisors (EAs) and prefer fast, uninterrupted trading accessible from anywhere, at any time.
Benefits of Using XM VPS
- Consistent Uptime
- Minimize downtime to ensure your trading strategies run smoothly around the clock.
- Optimal for EAs
- Fully compatible and conducive for running automated trading algorithms.
- Increased Speed
- Benefit from faster trade execution, which can be crucial for day trading and scalping.
- Global Accessibility
- Access your trading platform from any location without the need for local computer or network access.
- Reliability
- Operates 24/7 with robust connectivity, backed by cutting-edge optical fiber technology.
For a limited period, XM is excited to offer the VPS services under even more advantageous conditions to both new and existing clients. Keep an eye on XM’s website as this exclusive promotion can end at any time without prior notice.
Eligibility and Access to XM VPS
- For Active Traders
- The VPS service is complimentary for clients who maintain a minimum balance of $500 USD (or currency equivalent) and trade at least 2 standard round turn lots or 200 micro round turn lots per month. Eligibility also extends to additional trading accounts registered under the same email address.
- For All Other Clients
- The XM VPS can still be requested via the Members Area for a monthly fee of $28 USD, automatically deducted from your MT4/MT5 accounts at the beginning of each month.
Technical Specifications of XM VPS
- Operating System: Windows Server 2022
- Memory: 2.5 GB RAM
- Storage: 30 GB Hard Drive Capacity
- Processor: 1 vCPU
How to Connect to XM VPS: A Step-by-Step Guide
- Start Connection:
- Hit the Start button on your computer and enter “Remote Desktop Connection” in the search box. Click on the application when it appears.
- Establish the Connection:
- In the Remote Desktop Connection window, enter the provided XM VPS IP address and hit “Connect”.
- Login Credentials:
- Input your VPS login username and password when prompted.
- Security Confirmation:
- Upon first connection, you may see a security prompt. Confirm to proceed if you trust the connection, despite any standard warnings.
By choosing XM’s VPS service, you ensure that your trading operations are fast, reliable, and uninterrupted. This service is particularly advantageous for traders using automated trading systems and those requiring stable and speedy trade executions.
Get started today and take your trading to the next level with the reliability and advanced technology of XM VPS!
XM Refer a Friend Program
Are you enjoying your trading experience with XM? Why not share the benefits with your friends and also earn a reward for each successful referral? XM’s Refer a Friend program is designed to reward its clients for introducing their friends to the trading services.
Benefits of the Refer a Friend Program
- Instant Rewards:
- Earn up to $70 for each friend who starts trading with XM.
- Unlimited Invitations:
- Refer as many friends as you like; there’s no cap on referrals.
- Easy Withdrawals:
- Withdraw your earnings or transfer them to your trading account effortlessly.
- Flexible Sharing Options:
- Share your unique referral link via email or directly through your social channels.
How to Participate
- Verify Your Account: Ensure your XM trading account is fully verified.
- Access the Dashboard: Log into your Member’s Area and go to the Refer a Friend section.
- Share Your Referral Link: Use the unique URL provided to invite friends by email or through your social networks.
- Earn Rewards: Receive cash rewards directly into your MyWallet account when your referrals meet the trading requirements.
Earning Tiers
- Refer 1-15 Friends: Earn $40 per friend.
- Refer 16-30 Friends: Earn $50 per friend.
- Refer 30+ Friends: Earn $70 per friend.
Tracking and Withdrawing Your Earnings
You can track the status of your referrals and view your earnings in real-time through your dashboard. Rewards are credited to your MyWallet every Sunday at 7:00 UTC. To access your funds, simply navigate to the “MyWallet” section within your Member’s Area, where you can either withdraw directly to your bank account or transfer funds to your trading accounts.
Key Points to Remember
- Withdrawal Options:
- Easily transfer rewards to your trading account or withdraw them using your preferred method.
- No Limits on Referrals:
- Invite as many friends as you like and continue earning for each qualified referral.
- Support Available:
- XM’s customer support team is ready to assist you 24/7 with any queries regarding the Refer a Friend program.
Join the XM Refer a Friend Program today and start sharing your trading journey with friends while boosting your earnings with every successful referral!
FAQs about XM’s Trading Service
- What trading platforms does XM offer?
- XM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading.
- What are the different account types available at XM?
- XM offers several account types including XM Zero, Standard, and Micro, each catering to different trader needs and styles.
- What trading conditions does XM provide?
- XM ensures fair trading with no requotes and no rejections, with approximately 99.35% of all trading orders executed in less than one second.
- What financial instruments can you trade with XM?
- Clients can trade forex, stocks, commodities, indices, metals, energies, and cryptocurrencies.
- What special features does XM’s trading service include?
- Features include leverage up to 1000:1, tight spreads, personal account managers, and support for over 30 languages.
- How does XM ensure client fund security?
- XM offers Negative Balance Protection and prioritizes secure trading conditions.
- Are there any bonuses available for new XM clients?
- Yes, new clients can receive a €25 trading bonus without a deposit requirement, and up to $5,000 in bonuses on subsequent deposits.
- How can someone participate in XM’s trading competitions?
- Both real and demo account holders can participate in XM’s trading competitions, which offer substantial cash prizes.
- What are the benefits of the XM Loyalty Program?
- The program rewards traders with points that can be converted into credit bonuses, with benefits increasing at higher loyalty levels.
- How does one start trading with XM?
- Potential traders can sign up through XM’s website, verify their account, and begin trading on their chosen platform and account type.