XM provides customers with a high level of security. All of the funds are held in a segregated account, so the client"s funds are protected. Furthermore, XM has several regulatory bodies to which it is subject, and it adheres to strict compliance regulations. Specifically, XM must be registered with the local regulator in each country it operates in. In addition, XM maintains a clear bill of operation from each of its regulators.
XM accepts a variety of payment methods, including credit cards, debit cards, bank wire transfers, and electronic payment gateways. Traders can use these methods to add money to their accounts. Additionally, XM does not charge any additional fees when withdrawing funds. However, some of these methods may take longer than others. For example, the withdrawal process from a standard bank within the European Union will take three business days. Other methods can take two to five business days.
XM also offers free weekly webinars on popular topics. Users can watch videos and participate in question and answer sessions with expert instructors. A comprehensive library of educational materials is available to traders at all levels of experience.
XM is a member of the Investor Compensation Scheme (ICS), which is designed to protect investors in case the brokerage firm becomes insolvent. It also shields account holders from potential liquidation.
In addition to providing excellent services, XM has gained the trust of the trading community. Several brokers are available to work with XM. Although XM is not a licensed broker in the United States or Canada, it does serve clients in many countries. XM"s platform is compatible with both MetaTrader 4 and MetaTrader 5. There is also a MT5 version that is available on tablets.
XM"s educational content is impressive. If you want to learn more about the basics of Forex trading, you can visit the XM learning center. This section has numerous instructional videos, as well as webinars on various markets. You can also access the XM research and education section, which has a wealth of information.
XM is a trusted broker in many countries. XM has earned awards from the industry, as well as a reputation for quality service. Their website has an extensive list of features, and it is easy to navigate through.
XM has a dedicated support team, available seven days a week. XM"s phone trading is also available 24 hours a day. When a trader makes an order, XM will execute it at the best available price. Also, XM has a non-expiring demo account, so you can test drive the trading platform before committing to an actual account.
XM has a loyalty program for clients outside of the EU. Traders can receive bonuses, as well as a free virtual private server.