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Share it with your friends! 7 Binary Options. Latest posts by Marcio (see all) IQ Option Announces Blockchain Based ‘Open Trading Network’ - November 22, 2017 Interview with Julia (IQ Option Support Team) - September 28, 2017 Trading Cryptocurrencies With IQ Option - August 22, 2017. XM was formerly known as XEMarkets, is the official trading name of the Trading Point Holdings Ltd. Its headquarters are situated in Cyprus and the broker itself is licensed by the following regulatory bodies: in Europe, ASIC in Australia, in the UK, FSP in New Zealand. So what kind of trading can you do at XM? Currency trading, CFDs, equity indices, precious metals, energies, etc. Let’s find out more about this Forex broker! In general, you have a possibility of choosing between the two accounts when joining XM. They are called Micro and Standard. The Micro Account – Aimed for newbies who are just starting out and want to trade and make profits having as little risk as possible. This account type has a contract size of 1000.


Its leverage is 1:1 to 1:888 (or $5 – $20,000). Standard Account – Aimed at more experienced and professional traders with a more in-depth knowledge of the financial markets. Its contract size is 100,000. The exact same leverage applies as for the Micro account – 1:1 to 1:888. Both of these accounts have the same amount of minimum deposit: $5, which is one of the lowest on the market. However, traders who have a minimum amount of USD 5,000 (or equivalent of this in any other currency) on their account are able to request a free VPS for themselves from the member’s area anytime assuming that they trade minimum of five round turn lots every month. A free demo account is also available both with Micro and Standard accounts. All trading accounts provide users with the the access to MetaTrader4 platform. There is no time limit for demo accounts as such, but if users don’t open them for longer than 120 days from the date of the last login, it is automatically closed. But no worries, if it happens, you can open a new one with no penalties. Apart from these two traditional accounts, this broker also offers the Islamic account . That also means that it’s a swap-free account, and it doesn’t have any swap or rollover interest on overnight positions.


XM offers many different platforms based on the MetaTrader software. The remarkable thing about XM Forex Broker is that it has a wide range of MetraTrader 4 trading platforms and it’s possible to access them all by using just a single account. From your desktop computer, it’s easy to install and run them for Windows as well as Mac computers. Similarly, the mobile platform has apps for mobile devices that work for both iOS or Android operating systems with no difference whatsoever. There is a WebTrader 4 trading platform as well. The platform is possible to access from any web browser on any operating system. As you can see, this broker has really convenient platforms for each user and device type. XM Forex Broker platform’s interface looks very inviting and user-friendly right from the first glance. This is mostly because of its layout that appears to be organized but trendy at the same time. The layout itself includes the list of instruments, graphs, and configuration sections as well as an All News section that shows traders all the important updates that have happened on the financial markets to help them build their method. There are two themes available to choose from, dark and light. This is not very common with other broker platform interfaces and shows just how much they care about their traders.


Whether you use a desktop, mobile or a web-based platform, it’s easy and fast to login and trade with absolutely no delays or unreasonably long waiting time. The website offers many different insightful tools, such as a trader’s dashboard. XM Forex Broker has some unique features to offer to its users, which set it apart from many other brokers on the market. XM website is clear, visually appealing and very easy to navigate. On the platform, there are over 100 investment instruments to choose from for your trading. It also has very low spreads and no commissions for traders. What really stands out id the sections of education and community involvement that XM offers. They often host seminars (in fact, they hosted more than 100 of them) to educate traders, enable them to make the best decisions on their trading strategies. XM team has visited more than 120 cities around the world in order to communicate with their traders and partners meet them face to face. This has helped the broker to reach one of the highest levels of user retention on the market. The management of XM should be quite proud of their accomplishments. The chart Milestones in our Corporate History’ shows the company’s history from as far as 2011 and makes clear just how much the company has worked to reach this level of trustworthiness and interaction with its clients.


There are more than 300,000 accounts from as many as 196 countries opened through the platforms of this broker and over 150,000,000 trades executed up to date. Truly, an impressive result for any broker! Which is understandable, considering the quality of service and the complete absence of any commissions or hidden fees. XM Learning Center presents a trader with an incredible set of instruments. All users can benefit from regular weekly webinars. They are held in 13 different languages such as French, Arabic, Polish, Indonesian and many others others given. There are 18 expert instructors and you can see their profile on the broker’s website. The webinars and educational tools available will turn everyone into a professional trader very quickly. The video tutorials provided in this section are very helpful as well. The list of topics is truly impressive and cover everything you need to know: from as basic as how to open an account to something very advanced and specific, e. g. how to use a MT4 on the Mobile app for traders. All the XM workshops and seminars that are planned for the future can be found here as well the archive of those that have already been held in the past. This way, you don’t have to miss out on anything and can also plan your event attendance month in advance. Also, there are many economic calendar posts about the relevant upcoming events to be held around the world by other organizations. So you really can see everything you need from just one page.


As usual with quality broker, market reviews, news report, and technical analysis are updated daily. There is also an FAQ section that answers all types of questions that both new and experience traders might have. The answers are very informative and thought-through. Bonuses and Promotions. XM recently teamed up with Usain Bolt, becoming his official sponsor. XM offers various bonuses and promotions for its clients. For instance, while writing this review we noticed that a bonus of 100% and up to $5000 is being awarded to all traders making a new deposit. This is a temporary limited offer as a part of XM Loyalty Program, but it seems that this kind of promotions occurs quite often. It also included free VPS services such as the use of EA’s, greater trade execution time, access from any location 247 and optic fiber connectivity. A few times a year there are also special seasonal bonuses offered by XM. We were also informed that there are highly exclusive bonuses on an invitation only basis for the most loyal clients. All orders are accurately executed, with record breaking speed. Any trader should remember about the importance of trading with a broker that always provides accurate market prices.


That’s because this is on what your trading decisions will be mainly based on for your trading method. So, of course, we have made a few tests to see how it works with XM. Fortunately for the broker and its traders, it showed us no signs of any delays or manipulation on the. The exact same price was shown for pre and post deals, which is really important. XM has a strong international reputation on the Forex trading market. It is licensed and regulated by the following authorities: Cyprus Securities and Exchange Commission in Europe Financial Conduct Authority in the UK, Australian Securities and Investments Commission in Australia. XM has won many awards and commendations in the recent years. These abundance of regulatory bodies monitoring its activities basically means that they are abiding by all the necessary rules and regulations by these financial authorities. So our traders can trade with it without worrying about some misconduct on their part. Apart from being a highly regulated online broker, it is also popular and well-respected by many experienced traders in the online trading community. The reviews and comments that we found are praising this broker for its trading platforms and flexible conditions for traders. Deposits and Withdrawals.


Technically, XM has no minimum deposit requirement. Nevertheless, the system limits the minimum deposit amount to as little $5 because it’s the minimum that can be made through electronic payment systems. Payments such as Moneybookers, Skrill, Neteller, Moneygram, Western Union, credit cards, and bank wire transfers are widely acceptable and popular. A trader can withdraw their earnings by using the same methods. The deposit and withdrawal methods are listed together on the website. So a trader only needs to click on “make a deposit” or “request a withdrawal” and proceed with a transaction. XM broker has a customer support desk that’s available for clients to contact 245, only Saturday and Sundays being says off. The languages available are as follows: English, French, Spanish, Italian, Portuguese, German, Greek, Japanese, Chinese, Bahasa Malay, Bahasa Indonesia, Hungarian, Russian, Polish, Hindi, Arabic, Korean, Czech, Slovakian, Bulgarian, Romanian and Dutch. Its is possible to contact a representative of different departments and international locations via email, live chat of simply by calling. XM broker is one of the leaders on the online trading market. It demonstrates commitment to its traders and dedication to providing an excellent service for each of them. Investors in People, The UK based organization, has recently awarded XM broker for the efforts the team puts into helping traders to achieve their goals.


And we can back them up by our review! After seeing the platform and conducting a thorough analysis of its abilities, we can definitely recommend this broker to our readers. Licensed and regulated by , , and ASIC Islamic accounts available on any account type 20+ deposit and withdrawal methods A free demo account for an unlimited period of time Very love minimum deposit ($5 for all accounts) No PayPal transactions are not accepted by this broker. 7 Binary Options review: XM: 4,5 stars. Leave a Reply Cancel reply. Best Auto Trading Robot. Average return in our test: 91% Price: free Compatible brokers: 11 Accepts US customers 7BO Award 2016 winner - Best Robot. Best Robots and Signal Services. Best satisfaction rate (96%) Excellent trading platform Best customer service 7BO Award 2016 winner - Best Broker. Trending Broker Reviews. Popular Articles. Fabian on ExpertOption Michael on ExpertOption Unblocked Games on Interview with Julia (IQ Option Support Team) Walter Amato on BinaryTilt Roger on ExpertOption Ron Parsley on Is Porter Finance a Scam? Kyle on ExpertOption.


7 Binary Options News. Newsletter. Average return in our test: 91% Price: free Compatible brokers: 11 Accepts US customers 7BO Award 2016 winner - Best Robot. 7BinaryOptions. com Worldwide. About Us & Disclaimer. Disclaimer: 7 Binary Options will not be held liable for any loss or damage resulting from reliance on the information contained within this website. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author. 7binaryoptions. com is only a website offering information - not a regulated broker or investment adviser, and none of the information is intended to guarantee future results. Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. In accordance with FTC guidelines, 7BinaryOptions.


com has financial relationships with some of the products and services mentioned on this website, and 7BinaryOptions. com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. By using this website you agree with the limitations and exclusions of liability set out in this disclaimer and the separate disclaimer page. If you do not agree with them, you must not use this website. Frequently Asked Questions. Supporting Documents. What supporting documents do I need to provide if I want to be your client? A color copy of valid passport or other official identification document issued by authorities (e. g. driver's license, identity card, etc). The identification document must contain the client's full name, an issue or expiry date, the client's place and date of birth or tax identification number and the client's signature. A recent utility bill (e. g. electricity, gas, water, phone, oil, Internet andor cable TV connection, bank account statement) dated within the last 3 months and confirming your registered address. Do I need to provide my proof of residency? Yes, you do. In order to start trading and to be able to make withdrawals from your account, your account has to be validated, therefore you must provide a recent utility bill (e. g. electricity, gas, water, phone, oil, Internet andor cable TV connection) or bank account statement not older than 3 months , and confirming your registered address. Why do I need to submit my documents for account validation? As a regulated company, we operate in accordance with our internal procedures which are designed to comply with all legislative and regulatory requirements.


These procedures involve the collection of adequate documentation from our clients with regards to KYC (Know Your Client), including the collection of a valid ID card and a recent (within 6 months) utility bill or bank account statement that confirms the address the client has registered with. Can I open an account by providing a different identification document instead of my passport? Yes, you can. It is preferable, however, to use the same personal details as for your other trading account(s). You can register for an additional account in the Members Area with 1 click. Kindly note that the maximum number of accounts allowed per client is 8. Do I need to upload my documents again if I open a new trading account and my first account was already validated? No, your new account will be validated automatically, as long as you will use the same personal contact details as for your previous account. Can I update my personal information? If you wish to update your email address, please send an email to compliance@xm. co. uk from your registered email address. If you wish to update your residential address, please send an email to validations@xm. co. uk from your registered email address, along with a recent Proof of Residence document (not older than 3 months). How can I open a trading account? It is simple and quick. Click Open a Real Account , fill in the form and upon completion you will receive an email with your login details that you can use to log in to our secure Members Area.


Here you will be able to fund your trading account by clicking the Deposits tab in the main menu. If you are already an XM Real Account holder you can open an additional account in the Members Area. How long does it take to open a trading account? In case you fill out all details correctly, it takes less than 5 minutes. How can I start trading? If you have already opened a trading account, received your login details by email, submitted your identification documents for account validation, and made a deposit the next step is to download the trading platform of your choice. You can find detailed guidance to our trading platforms here. What trading account types do you offer? We offer the following trading account types: MICRO: 1 micro lot is 1,000 units of the base currency. STANDARD: 1 standard lot is 100,000 units of the base currency. ZERO: 1 standard lot is 100,000 units of the base currency.


For further details, please click here . What is the minimum depositwithdrawal for a trading account? It is $5 for MICRO and STANDARD accounts, while for ZERO accounts it is $100. Do you offer cent accounts? Is the deposit visible in cents? We offer MICRO trading accounts, where 1 micro lot (pip) is equal to 10 USD cents. However, your deposit is always visible in the actual amount, e. g. if you deposit 100 USD, your trading account balance will be 100 USD. Do you offer MINI accounts? XM offers MICRO and STANDARD accounts. However, you can obtain mini lot size trades (10000 units) by reducing your standard account volume to 0,1 (0,1 x 100000 units=10000 units), or by increasing your trade volume to 10 micro lots (10 x 1000 units=10000 units) in micro account type. Do you offer NANO accounts? XM offers MICRO and STANDARD accounts, but you can obtain nano lot size trades (100 units) by reducing your trade volume to 0,1 in micro account type (1micro lot=1000 units).


Do you offer islamic accounts? Yes, we do. You can request a swap-free Islamic account by following the instructions described here. How long can I use a demo account? At XM demo accounts do not have an expiry date, and so you can use them as long as you want. Demo accounts that have been inactive for longer than 90 days from the last login will be closed. However, you can open a new demo account at any time. Please note that maximum 5 active demo accounts are allowed. Can I change the base currency of my account? It is not possible to change the base currency of your account, however you can open a new account at any time and then specify your preferred base currency. Is it possible to lose more money than I deposited? No, you cannot lose more than the amount you deposited. Should the slippage of a certain currency pair cause a negative balance, it will be reset automatically with your next deposit. Can I lose the bonus? Do I have to refund it if I lose it? As the bonus amount is part of your equity and can be used for trading, it is possible for you to lose it. However, you do not have to refund it, moreover, according to the Bonus Terms and Conditions, you can receive a new bonus on your new deposit.


How can I see the charts? Please right click on any of the symbols in the Market Watch that you want to see and choose the Chart Window option. Alternatively, you can drag-and-drop any symbol in the chart window. What spreads do you offer? We offer variable spreads that can be as low as 0 pip. We have no re-quoting: our clients are given directly the market price that our system receives. You can read more about our spreads and conditions here. What are your trading hours? The market is open from Sunday 22:05 to Friday 21:50 GMT. However, certain instruments have different trading hours (e. g. CFDs), the details of which you can view here. What does your Bonus Program include? XM has a Bonus Program with nonstop bonuses for trading purposes only. However, the profit generated with the bonus can be withdrawn at any time.


Do you allow news trading? What leverage do you offer? We provide leverages between 1:1 – 500:1. The leverage depends on equity, so please read more details about this here. What is margin margin level free margin? Margin is the required amount in the base currency of the trading account needed to open or maintain a position. When trading forex, the RequiredUsed Margin for a specific position = Number of Lots * Contract size Leverage. Here the result is originally calculated in the first currency of the traded pair, and then converted into the base currency of your trading account, which will be numerically displayed on your MT4, or any other trading platform. The margin requirement for gold and silver is calculated like this: Lots * Contract Size * Market Price Leverage. The result will be in USD, which will be converted into the base currency of your trading account (in case it is other than USD). For CFDs, the required margin is Lots * Contract Size * Opening Price * Margin Percentage. The result will be in USD, which will be converted into the base currency of your trading account (in case it is other than USD). More details can be seen here. Margin level is calculated with the formula EquityMargin * 100%.


Free margin is your equity minus margin. It means the available funds that you use for opening new positions, or for maintaining existing positions. How can I calculate the margin? Margin calculation formula for forex instruments is the following: (Lots * contract size leverage) where the result is at always in the primary currency of the symbol. For STANDARD accounts all forex instruments have a contract size of 100 000 units. For MICRO accounts all forex instruments have a contract size of 1 000 units. For instance, if the base currency for your trading account is USD, your leverage is 1:500 and you are trading 1 lot EURUSD, the margin will be calculated like this: (1 * 100 000500) = 200 Euros. Euro is the primary currency of the symbol EURUSD, and because your account is USD, the system automatically converts the 200 EUROS to USD at the actual rate. What is the margin formula for goldsilver? The goldsilver margin formula is lots * contract size * market priceleverage .


What is the margin for CFDs? The CFDs margin formula is Lots * Contract Size * Opening Price * Margin Percentage . You can read more details here. How do you calculate swaps in currency pairs (in forex) and for goldsilver? You can read about the swap charges here. The swap formula for all forex instruments, including gold and silver, is the following: lots * long or short positions * point size. Here is an example for EURUSD : Client base currency is USD. 1 lot buy EURUSD. Because it is a buy position, the system will take the swap rate for long position, which currently is -3.68. Point size = contract size of a symbol * minimum price fluctuation. EURUSD point size = 100 000 * 0.00001 = 1. If we apply the given numbers in the formula, it will be 1 * (-3.68) * 1 = -3.68 USD. So for 1 lot buy EURUSD, if the position is left overnight, the swap calculation for the client will be -3.68 USD. Here is an example for gold : Client base currency is USD. Because it is a buy position, the system will take the long points, which currently is -2.17. Point size = contract size of a symbol * minimum price fluctuation. Gold point size = 100 * 0.01 = 1. If we apply the given numbers in the formula, it will be 1 * (-2.17) * 1 = -2.17 USD.


So for 1 lot buy gold, if the position is left overnight, the swap calculation for the client will be -2.17 USD. Please note that if the base currency of the trading account is in EUR (like in the examples above), the swap calculation will be converted from USD to EUR. The result of the swap calculation is always the secondary currency in a symbol, and the system converts it to the base currency of the trading account. The examples provided only serve as a guide and do not reflect the current charges. Click here to view the current swap charges. Do you allow scalping? Stop loss is an order for closing a previously opened position at a price less profitable for the client than the price at the time of placing the stop loss. Stop loss is a limit point that you set to your order. Once this limit point is reached, your order will be closed. Please note that you need to leave certain distances from the current market price when you set up stoplimit orders. For further details about the distance in points for each currency pair, please view the limit and stop levels here. Using stop loss is useful if you want to minimize your losses when the market goes against you. Stop loss points are always set below the current ASK price on BUY, or above the current BID price on SELL.


You can also view this video tutorial for a more detailed explanation. Take profit is an order to close a previously opened position at a price more profitable for the client than the price at the time of placing the take profit. When the take profit is reached, the order will be closed. Please note that you need to leave certain distances from the current market price when you set up stoplimit orders. For further details about the distance in points for each currency pair, please view the limit and stop levels here. You can also view this video tutorial for a more detailed explanation. What is trailing stop? Trailing stop is a type of stop loss order. It is set at a percentage level either below the market price for LONG positions, or above the market price for SHORT positions. Kindly note that you need to leave certain distances from the current market price when you set up stoplimit orders. For more details about the distance in points for each currency pair, please view the limit and stop levels here. View this video tutorial for a more detailed explanation. Where can I find the trading signals? How can I download them?


You can access our trading signals under the menu tab Trading Signals in our Members Area . In order to download the trading signals, you need to have a validated trading account. How can I calculate 1 pip of profit or loss? Amount of Base Currency*Pips= Value in Quote Currency. Value of 1 pip in EURUSD= 1 Lot (100 000 €)*0.0001= 10 USD. Value of 1 pip in USDCHF= 1 Lot (100 000 $)*0.0001=10 CHF. Value of 1 pip in EURJPY=1 Lot (100 000 €)*0.01= 1000 JPY. What is the minimum lot size for MICRO and for STANDARD accounts? The numbers below are per transaction, and you can open an unlimited amount. Minimum trade volume = 0.01. Maximum trade volume = 50. Trading step = 0.01. Minimum trade volume = 0.1. Maximum trade volume = 100. Trading step = 0.01. Please note that the minimum lot size for trading with CFDs is 1 lot.


Do you allow hedging? Yes, we do. You are free to hedge your positions on your trading account. Hedging takes place when you open a LONG and a SHORT position on the same instrument simultaneously. When you open a BUY and a SELL position on the same instrument and in the same lot size, the margin is 0. However, when you open a BUY and a SELL position on a CFD of the same type and lot size, the margin is only needed once, and it can be seen here. The margin of CFDs, when you are hedged, is always 50%. What is leverage? How does it work? Why is less money required for a higher leverage and is the risk higher? Leverage is the multiplication of your balance. This allows you to open bigger trading positions since the margin required will be lowered according to the leverage you have chosen. Even though with leverage you can make a bigger profit, there is also a risk of having a bigger loss because the positions you open will be of higher volume (lot size). Your trading capital is 10,000EUR. The leverage chosen is 100:1. For a STANDARD trading account this means 100*10,000 = 1,000,000EUR. On EURUSD long position opening at 13,055, position closing at 13,155.


The difference is 0.0100 pips thus 1,000,000*0.0100 = 10,000USD this is the profit you made. Can I change my leverage? If yes, how? You can change the leverage under the tab My Account , and then by clicking the tab Change Leverage in our Members Area . This method of changing leverage is instant. What is the Profit Calculation for CFDs? The profit calculation is as follows: (Close Price-Open Price)*Lots*Contract Size. The lot size on every CFD differs. Please read more information here. Where are my funds kept?


All our clients’ funds are kept in segregated European accounts with tier 1 banking institutions. Do you have slippage? Slippages hardly ever occur if you trade with us. Sometimes, however, especially when important economic news is released, due to a sharp risefall in the market price, your order may be filled at a different rate than you requested. At XM, your orders are filled at the best available market price, which may be to your benefit. More information on the XM Execution Policy is available here. Can I open more than one trading account? Yes, you can, up to a maximum of 8 active trading accounts. It is preferable, however, to use the same personal details as for your other trading account(s). You can register for an additional account in the Members Area with 1 click. Will you close my real account if it has a zero account balance? Accounts with zero balance will be archived after a period of ninety (90) calendar days. Is there a dormant fee if I don't use my account? An account shall be deemed as dormant from the last day of the ninety (90) calendar days during which there has been no activity (tradingwithdrawalsdeposits) in the account. All remaining bonuses, promotional credits, XMPs will be automatically removed from dormant accounts.


A dormant account will be charged with a monthly fee of 5USD (five United States dollars) or the full amount of the free balance in the account if the free balance is less than 5USD (five United States dollars). There will be no charge if the free balance in the account is zero. Do you close my open positions and placed order if I go offline? Open positions and pending orders stay in the system even if you log off from your trading platform. The same applies to all order types except trailing stops. Trailing stops become inactive when you close or log out of MetaTrader4. Expert advisors also become inactive when MetaTrader4 is closed or you are not logged in. I cannot log in to my account but I need to close an open position. What do I do? You may closeopen a position or place an order by telephone 24 hours a day. Simply call up our dealing room on +44 2031501500. You will be asked for your platforms' login for security reasons before your request is executed.


What is the maximum amount that I can trade online? There is no maximum amount you can trade online, but there is a maximum number of 50 standard lots you can trade online at streaming prices for STANDARD accounts and 100 micro lots for MICRO accounts. The maximum number of positions open at the same time, and for all account types, is 200. If you want to deal in an amount bigger than your account type’s maximum lots, you may break your trade into smaller sizes. Why are rollover rates tripled on Wednesdays? When placing a trade in the spot forex market, the actual value date is two days forward, for instance, a deal done on Thursday is for value Monday, a deal done on Friday is for value Tuesday, and so on. On Wednesday, the rollover amount is tripled to compensate for the following weekend (during which time rollover is not charged because trading is stopped at weekends). Do you provide live forex tutorials? How can I learn the basics of trading? Every XM client has their own Personal Account Manager, who does not only provide full technical support via live chat, email or by phone, but you can also schedule with himher one-to-one training sessions to learn the basics of MetaTrader4. We also offer our clients video tutorials on how to use platforms, as well as free weekly webinars and on-site seminars in different countries. Feel free to inquire about further details at support@xm. co. uk. Do you accept US clients? According to the recent Dodd-Frank Act passed by the US Congress, the CFTC (Commodity Futures Trading Commission) no longer allows us to let US residents open trading accounts with us. We apologize for the inconvenience. Do you offer VPS service?


Yes we do. Clients who maintain a minimum amount of (Equity-Credit) 5000USD or equivalent in other currency are eligible to request a free VPS from the Members Area at any given time on condition that they trade at least 5 round turn lots per month. Clients who do not meet the above criteria can still request an XM MT4 VPS from the Members Area for a monthly fee of 28USD, which will be automatically deducted from their MT4 account on the first day of each calendar month. For further information please visit our website here. What is one-click trading? How can I enable it? One-click trading allows you to open positions with just one click. When you want to close a position, however, one click does not work and you will need to close it manually. To enable one-click trading on the left corner of your chart, you will find an arrow. By clicking that arrow you enable one-click trading and a window appears on the left corner of the chart. Can I change my account type? No, you can’t. Please register for an additional account in the Members Area. Do you offer binary option trading? What depositwithdrawal options do you have? Currently, you can choose from the following options to deposit and withdraw funds: multiple credit cards, multiple electronic payment methods, bank wire transfer, local bank transfer, and other payment methods.


Please read further detail about our deposit options and withdrawal options on our respective website pages. In which currencies can I deposit money into my trading account? You can deposit money in any currency and it will be automatically converted into the base currency of your account, by XM prevailing inter-bank price. If my withdrawal amount exceeds the amount I have deposited via creditdebit card, how can I withdraw? Since we can only transfer the same amount back to your card as the amount you have deposited, profits can be transferred to your bank account via wire transfer. If you have also made deposits via E-wallet, you also have the option to withdraw profits to that same E-wallet. Can I withdraw my money whenever I want? In order to withdraw funds, your trading account must be validated. This means that first you need to upload your documents in our Members Area: Proof of Identity (ID, passport, driving license) and Proof of Residency (utility bill, telephoneInternetTV bill or bank statement), which include your address and your name and can’t be older than 3 months. Once you receive confirmation from our Validation Department that your account has been validated, you can request the funds withdrawal by logging in to the Members Area, select the Withdrawal tab and send us a withdrawal request.


It is only possible to send your withdrawal back to the original source of deposit. Alternatively, you can complete our withdrawal form and send it to our Back office Department via email at backoffice@xm. co. uk or by fax. All withdrawals are processed by our back office within 24 hours on business days. Can I withdraw my money if I have an open position? Yes, you can, if at the moment of payment your free margin exceeds the amount specified in the withdrawal instruction, including all payment charges. Free margin is calculated as equity less necessary margin (required to maintain an open position). If you do not have sufficient free margin in your trading account, the system will not accept your request and you will need to lower the amount. Please note, that any credit bonus in your account is considered as part of your equity and will be deducted as the result of any withdrawal. How long does it take for funds to reach my bank account? It depends on the country the money is sent to. Standard bank wire within the EU takes 3 working days. Bank wires to some countries may take up to 5 working days. How long does it take to receive my money after I make a withdrawal request? Your withdrawal request is processed by our back office within 24 hours.


Via XM Card or any e-wallet methods you will receive your money on the same day, and via bank wire or creditdebit card it usually takes 2 - 5 business days. How long does the depositwithdrawal take by credit card, Neteller or any other payment method? All deposits are instant, except for the bank wire transfer, WesternUnion and MoneyGram. All withdrawals are processed by our back office in 24 hours on business days. What payment options do I have to deposit money? We offer a wide range of payment options for deposits: by multiple credit cards, multiple electronic payment methods, bank wire transfer, local bank transfer, and other payment methods. You can find all details of our wide range of deposit options here. As soon as you open a trading account, you can log in to our Members Area, select a payment method of your preference on the Deposits page, and follow the instructions given. All requests are completed within seconds. You can find more details about all our options here. Are there any depositwithdrawal fees? We do not charge any fees for our depositwithdrawal options.


For instance, if you deposit USD 100 by Moneybookers and then withdraw USD 100, you will see the full amount of USD 100 in your Moneybookers account as we cover all transaction fees both ways for you. This also applies to all creditdebit card deposits. For depositswithdrawals via bank wire transfer, XM covers all transfer fees imposed by our banks, with the exception of deposits amounting to less than 200 USD (or equivalent denomination). If I deposit funds by Moneybookers, can I withdraw money to my credit card? In order to protect all parties against fraud and minimise the possibility of money laundering andor terrorist financing, our company policy is to return clients' funds to the origin of these funds, and as such the withdrawal will be returned to your Moneybookers account. This applies to all withdrawal methods, and the withdrawal has to go back to source of funds deposit. Can I transfer funds from my trading account to another client’s trading account? No, this is not possible. It is forbidden to transfer funds between different clients’ accounts and involve any third parties. Can I deposit towithdraw from my friend’srelative’s account? As we are a regulated company, we do not accept depositswithdrawals made by third parties. Your deposit can only be made from your own account, and the withdrawal has to go back to the source where the deposit was made.


If I withdraw money from my account, can I also withdraw the profit made with the bonus? Can I withdraw the bonus at any stage? The bonus is for trading purposes only, and cannot be withdrawn. We offer you the bonus amount to help you open larger positions and allow you to hold your positions open for a longer period. All profits made with the bonus can be withdrawn at any time. Is it possible to transfer money from one trading account to another trading account? Yes, this is possible. You can request an internal transfer between two trading accounts, but only if both accounts have been opened under your name and if both trading accounts have been validated. If the base currency is different, the amount will be converted. Internal transfer can be requested in the Members Area, and it is instantly processed. What will happen to the bonus if I use internal transfer? In this case the bonus will be credited proportionally. I used more than one deposit option, how can I withdraw now?


If one of your deposit methods has been a creditdebit card, you always need to request withdrawal up to the deposit amount, as a prior to any other withdrawal method. Only in case that amount deposited via creditdebit card is fully refunded back to source, you may select another withdrawal method, according to your other deposits. Are there any extra fees and commissions? At XM we do not charge any fees or commissions. We cover all transaction fees (with bank wire transfer for amounts over 200 USD). What is the difference between demo and real accounts? While all features and functions of a real account are also available for a demo account, you should keep in mind that simulation cannot replicate real trading market conditions. One relevant difference is that the volume executed through the simulation does not affect the market while in real trading volumes have effect on the market, especially when the deal size is large. The speed of execution is the same for real trading accounts as for the XM demo accounts. Moreover, users can have a very different psychological profile depending on whether they trade with demo or real accounts. This aspect may impact the evaluation performed with the demo account. We advise you to be cautious and avoid complacency about any conclusion that you may draw from using a demo account.


You can read more details about demo accounts here. How can I view my trading history? Open the terminal window by pressing Ctrl+T on your keyboard, and select the Account History tab. Right click to enable the context menu, which will allow you to save your trading history as an. html file so that you can later view it when you log out of the trading platform. Can I use robotauto traders or expert advisors? Yes, you can. All our trading platforms support the use of EAs. How do I add an expert advisor? Save your expert advisor in the MetaTrader4 directory on your computer: C:Program Files – MetaTrader – XM. com – experts. Then restart MetaTrader4. The expert advisor file should appear in the navigator window of MetaTrader4. Left click on it and drop-and-drag it onto the chart of the currency that you would like the expert advisor to trade on. What do I do if the attached expert advisor does not trade? First check if trading is allowed by going to Tools -> Options -> Experts tab -> Allow real trading .


Then make sure that the expert advisor button on the main tool bar is pressed. You should be able to see a smiley face in the top right-hand corner of your chart which shows that you have activated your EA correctly. If everything is all right, but the EA still does not trade, see your log files via the Experts tab in the Terminal window (you should be able to see what error occurs). You can also email us for further assistance at support@xm. co. uk. Why isn’t my EA working? I keep getting error messages saying "Trade disabled error 133"? We separate standard trades from micro trades (1volume in standard account = 100 000 units, 1volume in micro account = 1000 units). This is why you should search in your market watch window for the symbols with Micro extension (e. g. EURUSD micro instead EURUSD), right-click and choose Show all . The other “grayed” symbols are used by the platform to calculate oil prices. Right-click these "grayed" symbols, and choose the Hide option to avoid any confusion. Do you provide any kind of online supporttutorial for how to use the MT4 platform? Feel free to contact your Personal Account Manager via live chat, email or by phone to schedule a presentation on MT4.


You may as well watch our Video Tutorials for guidance, We are ready to help you with one-to-one detailed explanation at any time convenient for you. I can only see 8 pairs on my MT4. How can I see the rest? Log in to your MT4 platform -> Market watch window -> right click -> Show all -> scroll down and you will be able to see all instruments available for trading. Can I change the time zone in MetaTrader? No, you can’t. The time zone of our trading servers is always GMT+2 winter time and GMT+3 summer time. GMT time setting avoids having small candlesticks on Sundays and therefore allows the running of technical analysis and backtesting to go more smoothly and straightforward. I have a MICRO account and I can’t place the order. Why? We separate standard trades from micro trades (1volume in standard account = 100 000 units, 1volume in micro account = 1000 units). This is why you should search in the Market Watch window for the symbols with "micro" extension (e. g. EURUSD micro instead EURUSD), right-click and choose Show all .


The other "grayed" symbols are used by the platform to calculate oil prices. Right-click these "grayed" symbols, and choose the Hide option to avoid any confusion. I can’t see the openingclosing price on my chart. Every buy order is open at ASK price and closed at BID price, and every sell order is open on BID price and closed at ASK price. By default, you are only able to see the BID line on your chart. In order to see the ASK line, right click the particular chart -> Properties -> Common-> and tick the Show ASK line . Do you offer trading platforms for MAC? Yes, we do. The MT4 trading platform is also available for MAC, and it can be downloaded here. How can I gain access to the MT5 platform? To start trading on the MT5 platform you need to have an XM MT5 trading account. It is not possible to trade on the MT5 platform with your existing XM MT4 account. To open an XM MT5 account click here. Can I use my MT4 account ID to access MT5?


No, you can’t. You need to have an XM MT5 trading account. To open an XM MT5 account click here. How do I get my MT5 account validated? If you are already an XM client with an MT4 account, you can open an additional MT5 account from the Members Area without having to re-submit your validation documents. However, if you are a new client you will need to provide us with all the necessary validation documents (i. e. Proof of Identity and Proof of Residency). Can I trade stock CFDs with my existing MT4 trading account? No, you can't. You need to have an XM MT5 trading account to trade stock CFDs. To open an XM MT5 account click here. What instruments can I trade on MT5? On the MT5 platform you can trade all the instruments available at XM including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies. Are you supervised by any governmentalregulatory authority? Our company is authorised and regulated by the Financial Conduct Authority under license number 705428. Our company is based in the City of London, United Kingdom. Our company’s full address and contact details can be found here.


What is new at XM? As the powerful new brand image of Trading Point , XM unites the best and most sustainable qualities of the internationally acknowledged broker company, and also features new servicesproducts that make this brand identity unbeatable. A UNIQUE EDUCATIONAL SECTION offers. free e-learning forex tutorials for an in-depth understanding of forex trading through a variety of topics from the very basics to complex technical analysis a comprehensive financial and forex knowledge base free video tutorials on the use of MetaTrader4 to help traders master every single trading platform functionality with confidence. FREE INTERACTIVE ONLINE WEBINARS. welcome clients and website users with a wide range of topics on investing and online trading are held by acknowledged financial professionals feature new topics every week CLIENT REGISTRATION in over 18 languages and within 5 minutes Secure MEMBERS AREA also available in over 18 languages LEVERAGE UP TO 500:1 on 55+ CURRENCY PAIRS Introduction of additional account fundingwithdrawals options - 100% automatic and instantly processed 247 PERSONAL ACCOUNT MANAGERS for 245 customer support in over 18 languages via live chate-mailphonecall-back. Supported Features of XM. Which are the supported features of XM? Trading on FOREX, PRECIOUS METALS (including GOLD, SILVER), ENERGIES (including CRUDE OIL), and EQUITY INDICES is provided. with a MINIMUM DEPOSIT as low as USD 5 with the option to OPEN MORE THAN 1 ACCOUNT with NEGATIVE BALANCE protection NO RE-QUOTES, NO REJECTION OF ORDERS TIGHT SPREADS as low as 0 PIP FRACTIONAL PIP PRICING MULTIPLE TRADING PLATFORMS accessible from 1 account for speedy trading mobility REAL-TIME MARKET EXECUTION ACCOUNT FUNDING 100% automatic and instantly processed 247 FAST WITHDRAWALS with NO EXTRA FEES ALL TRANSFER FEES COVERED BY XM Nonstop bonus promotions FREE, UNLIMITED DEMO ACCOUNTS with USD 100,000 virtual funds and full access to MULTIPLE TRADING PLATFORMS Professional TRADING SIGNALS twice a day. Trading Instruments. MT4 Platforms. About XM. Usain Bolt. 8 x Olympic Champion & 11 x World Champion.


© 2017 XM is a trading name of Trading Point of Financial Instruments UK Limited. All rights reserved. | Privacy Policy | Cookie Policy | Terms and Conditions. Legal: This website is operated by Trading Point of Financial Instruments UK Limited. Trading Point of Financial Instruments UK Limited is incorporated in England and Wales (no. 09436004) with the following registered address: Citypoint Building, 1 Ropemaker Street, London, EC2Y 9HT. Trading Point of Financial Instruments UK Limited is authorised and regulated in the United Kingdom by the Financial Conduct Authority (reference number 705428). Risk Warning: Forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Restricted Regions: Trading Point of Financial Instruments UK Limited does not provide services for citizens of certain regions, such as the United States of America, Canada and Israel. Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone.


Please consider our Risk Disclosure.

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