XM experiences

Forex and CFD broker XM was founded in Cyprus in 2009. The broker is regulated by the CySEC (Cyprus supervisory authority), among others. It is a relatively large and international represented broker. XM has several locations and offers support in over 30 different languages ​​(including German). The only downside to the support is that this per Telephone can only be reached via a telephone number from Cyprus. In total, over 200 countries are covered by customer support. To trade, the Metatrader 4, Metatrader 5 or the specially developed XM Webtrader can be used. A mobile app is of course also available. There are no fees for deposits and withdrawals Fees (except wire transfer under $200). Payments can be made by bank transfer, credit card or e-wallets, Neteller, Skrill. To test can a time-unlimited demo account can also be used. You only have to register after 120 days at the latest, otherwise the demo account will be deactivated. It can Forex and many CFDs are traded on indices and commodities. At XM there is no obligation to make additional payments. The account balance can not go into the red, because the positions are automatically closed by the broker beforehand. A special feature of XM is that a leverage of up to 888:1 can be selected. Such a high one Only a few brokers offer leverage. XM is a market maker, so the courses are offered by the broker himself and the broker's earnings are paid by the broker spread generated. The continuing education program is also worth mentioning. Webinars on current topics are held regularly. Furthermore, there are daily analyzes and signals.