Over the years, MetaQuotes had invested in continuous development, testing and improvements, which made MT5 today as the next generation of trading platforms with extended possibilities. This is great for those of you who are fans of auditory learning methods and perhaps less boring than reading complex trading guides. The XM Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes.

Customer Support Contacts

If you are just starting to trade forex, a demo account is a good choice. It has the great advantage to simulate all the functions of a real trading account, and it allows you to conduct trading operations under real market conditions. The only exception is that a demo account is funded with virtual currency, so your gains and losses are also simulated. Please note that the XM WebTrader is part of the MT5 family of platforms and therefore accessible with the login and password a client would use to access the MT5 family of trading platforms. To deposit funds to the trading platform you trade on, you will first be required to open a live trading account. Kindly note that the XM WebTrader is part of the MT5 family of platforms and therefore accessible with the login and password a client would use to access the MT5 family of trading platforms.

Take Your Trading On The Go

Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. LimeFX offers a range of trading platforms to suit different preferences and trading styles. Another bonus for us is that the paper trading account does not expire, so you can make use of it alongside your real-money account. That said, demo accounts automatically close after 60 days if there is no activity.

XM CY Trading Account Types

The MT4/MT5 ID and email address provided do not correspond to an XM real trading account. Retail client funds are insured up to €20,000 by the Investor Compensation Fund. Meanwhile, all clients benefit from Negative Balance Protection, so they are never at risk of losing more than their account balance. Our extensive experience combined with support for well over 30 languages, makes XM the broker of choice for traders of all levels, anywhere.

All our systems are built and updated with the client in mind. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. Hi Kushi,We attempted to gather more details through the Find Reviewer process on Trustpilot, but unfortunately, we haven’t received a response from you. Without this information, it’s difficult for us to address your concerns effectively.Please consider providing your account details or additional information so we can assist you further.XM Team 🚀BIG.

Overall, XM’s user-friendly fee structure and competitive spreads make it attractive to traders. LimeFX’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities. While the number of instruments offered varies across asset classes, XM’s diverse range of options provides traders with ample opportunities to capitalize on different market trends.

1. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on.
2. With research, Interactive Brokers offers superior market research.
3. You can get instant access to no-requotes, tight spreads, fast execution speeds, low commissions, and negative balance protection.
4. We evaluate, compare and rate the forex and CFD broker in key areas, from its investment offering, trading fees and accounts to its platforms, research, education and customer support.
5. You can choose from 3 different account types that provide flexible trading conditions to meet the needs of both beginner and advanced traders.

If you have a complex query, our tip is to skip the bot assistant by typing ‘human’. The video series in particular is comprehensive, covering everything from the basics of forex trading to trading psychology and building a successful strategy. Our experts also found important account safeguards in place during their assessment of XM, including segregated client accounts and negative balance protection.

The broker also doesn’t charge any deposit or withdrawal fees, while third-party bank charges will be reimbursed on international wire transfers over $200. Alternatively, the Zero account offers raw spreads from 0.0 pips with a low commission of $3.50. Again, this is cheaper than https://limefx.group/ most alternatives we have reviewed and will appeal to serious traders. XM offers a choice of accounts to suit different trading styles, budgets and experience levels. European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or XM Zero accounts.

If you are tight for time, here are some of the important features that we like about trading with XM. 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 verification documents. However, if you are a new client you will need to provide us with all the necessary verification documents (i.e. Proof of Identity and Proof of Residency).

The history of growth and stability over the 11 years of trading gives us confidence in XM. Although it is not a public company or has a bank attached, we believe they have a strong track record. Live analysis content is also a feature of XM’s research offering. XM TV is a great addition for videos whilst podcasts are also now on the site. Looking also at the number of base currencies available, there are 11 to choose from.

Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (although not always this low). For this privilege, traders will have to pay a commission of $3.5 (both in and out) for every 1 Lot traded. (See Trading Costs for a comparison of the spread versus commission account models). TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. LimeFX has over 450 employees with customer service in over 30 languages available 24/5.

I trade forex pairs and stocks, and frankly the costs stemming from my trades are minimal thanks to the low spreads from the broker.Regarding the customer support, they are trully attentive and fast to reply. We recommend the Micro account for beginners – it offers nano lots and access to a huge range limefx of markets. The Standard account is a good option for a range of traders with a straightforward sign-up process and competitive trading conditions. We were particularly impressed with the Ultra Low/Zero account – this is best for traders looking for the tightest spreads with a low commission.

You can choose from 3 different account types that provide flexible trading conditions to meet the needs of both beginner and advanced traders. The minimum deposit required is just $5 whilst you can choose between no commission accounts with marked up spreads or pay a $3.5 commission charge to get variable spreads starting from 0 pips. Leverage depends on the financial instrument traded and on client’s country of residence. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).

The spreads are not the best you can find, but trading costs can be reduced with the zero spread account. As we can see the trading costs of trading via the Zero spread account are lower. These savings can be much great when you trade other instruments with wider spreads on the Standard account. Bank transfers can take a few business days to clear and XM covers all the charges for bank transfers of $200 or more. Accounts can be opened in  a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB.