Regulated Forex Broker Info

When picking a Gold and Forex broker to create an account with, currency traders most desire online broker regulation. Regulation makes an online broker seem reliable, and the XM Group is a Forex & FX broker group regulated and licensed in 3 countries: Cyprus, Australia, and Belize. XM broker Group regulation licenses are shown below, and more regulation information can be found on the XM Regulation Webpage.

XM Online Broker Group includes regulated brokers. Trading Point of Financial Instruments Ltd started in 2009 under Cyprus Securities and Exchange Commission (CySEC 120/10). Trading Point of Financial Instruments Pty Ltd began in 2015 under Australia Securities and Investments Commission (ASIC 443670). XM Global Ltd formed in 2017 under Financial Services Commission, FSC (FSC000261/158).

XM Address Book:

AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia.

CY: 12 Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus.

BZ: Suite 404, The Matalon, Coney Drive, Belize City, Belize

XM GROUP - Regulation and Licenses

1. Cyprus

Subject to the oversight of the Cyprus Security & Exchange Commission, its official License Number is CySEC 120/10.

2. Australia

Regulated within Australia by ASIC, holding the license number AFSL 443670, issued by ASIC (Australian Securities and Investments Commission).

3. Belize

Regulated in Belize by the Financial Services Commission, FSC (FSC000261/158)

XM upholds a commitment to complete openness regarding its Online trading operations, a principle reflected in how it conducts its financial services in strict adherence to the mandates of the regulatory bodies with which it is registered and licensed. XM delivers its services according to the stringent financial benchmarks stipulated by its regulators.

No Re-quotes Execution - Real Time Market Execution

The No Re-quotes Execution Policy aims to provide clients with appropriate execution spreads while incorporating the no-requotes execution method. XM boasts a 100% order execution rate, with 99.35% of orders completed in under one second, thanks to this policy.

Forex Account Types

Micro Trade Account

Standard Account

XM Zero Account/XM Ultra Low Account

*The Trade Accounts availability depends on trader's country of residence.

A MICRO account lets you trade with very small amounts/agreements, with less risk, and needs an initial deposit of just $5 dollars.

The STANDARD account type permits trading with standard lot sizes and requires a minimum initial deposit amount of $5.

The XM ZERO account lets you trade standard lots with spreads from 0 pips. It needs just a $5 minimum deposit. XM ZERO charges $3.5 commission per $100,000 traded. The XM ULTRA LOW account handles micro or standard lots. Spreads start at 0.6 pips with a $5 minimum deposit.

Islamic Forex Accounts

Accounts designed for Islamic traders are exempt from interest accrual or payment (swap-free), making them perfectly suited for those seeking out brokerage firms that adhere to Islamic financial principles.

Deposit/Withdraw Funds

Clients have a secure client area on their web site once they've opened an account, in this client area or cabinet area you can deposit or withdraw your money at any time. By clicking my account and then pressing deposit button then fill on details & particulars, for withdraw just click my account & then the withdraw button. Withdraw Requests are also processed on the same business day and receipt of money is issued within same day.

What Trading Instruments are available for trading on XM Broker

FX Currencies
CFD's
Equity Stock Index CFDs
Precious Metals - Silver and XAUUSD CFDs
Energies - Crude Oil CFDs
Online Stocks CFDs
Commodities CFDs
CryptoCurrency CFDs

Trade FX, Gold, Energies, CFDs, Commodities CFDs, Crypto CFDs & Online Stocks CFDs

Bonus on Deposit and Loyalty Bonus

1. Free VPS for accounts with at least $5,000 USD or equal. No end date for this promo.

2. New customers get a $30 bonus to trade with, without needing to deposit any money. The bonus promotion has no end date.

3. The two-part deposit bonus provides a 50% bonus up to $500 and a 20% bonus up to $5,000. The bonus offer does not have an expiration date.

4. The XM Loyalty Bonus Program awards traders XMPoints (XMP) for every lot transacted. These XMPs can be exchanged at any point for a credit bonus intended exclusively for trading activities. This bonus promotion carries no expiration date:

Trading Bonus and Loyalty Program are not available for traders who signed up with Trading Point of Financial Instruments Limited.

Leverage

Maximum Leverage* is 1:888

Leverage* "Not everyone in the Group gets the same leverage. For clients in the EU Zone, the maximum allowed leverage is 30:1."

No Re-quotes Policy

The No-requotes policy indicates that this FX broker does not provide re-quotes for gold traders, as it operates under a no dealing desk (NDD) model. This means that execution takes place through an interbank network, allowing access to multiple liquidity providers who can promptly fulfill orders from this interconnected bank system. This online broker adheres to a no requotes policy, establishing itself as the ideal choice for gold traders seeking a Forex broker without a dealing desk and adhering to a No-Requotes Policy for online FX trading.

Platforms

The MT4 and MetaTrader 5 applications are cross-platform, accessible on Desktop computers, MAC systems, Smartphones, and Tablets.

Web-Trader Software/Platform

Provides Web Platform, and traders can log in online when they are not at their computer to study the online currency markets. The Web trader platform can be used from a web browser.

Forex Practice Demo Trade Accounts

A Demo Practice is a free practice trade account given to beginner traders to practice trading on MT4 and MT5 trading platforms: it provides full and unlimited access to features of the MetaTrader 4 and MT5 Forex platforms that include trading, charting & Expert Advisors automated trading.

Registration of the practice demo account is meant for traders to practice Forex with this practice demo trading account. Note: Demo accounts will be closed out if they remain inactive for more than 90 days.

Security and Reliability

The XM Forex platform's software has been created to be very good in terms of keeping things private, safe, reliable, and honest. Your information is protected using strong encryption (TLS_RSA_WITH_AES_128_CBC_SHA, with keys that are 128 bits long). This means nobody else can see your information. The server is protected, your information is copied in more than one place, and the system uses two different server companies that are in separate locations. This means there is never any downtime, so currency traders can always use the servers and trade anytime, no matter where they are.

XM provides transaction security by the use of information encryption methods which guarantee security of these transactions and safeguard clients' privacy through the Secure Socket Layer, SSL technology method, otherwise known & referred to as https:

HTTPS: High Grade Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128-bit keys) Security

Company Review - Forex Broker Review

XM operates as a contemporary investment entity, empowering investors spanning over 190 nations globally to actively trade in Forex, base and precious metals, foreign exchange, and energy commodities. With more than 1,000,000 active, registered real Forex accounts sourced from across more than 190 countries, XM consistently ranks among the preeminent global FX brokers.

Since its founding in 2009, XM has prioritized fair and transparent trading conditions for Gold traders, regardless of their capital. Traders can take advantage of a no requote execution policy backed by a strict no-requote and no-rejection approach.

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