As an XM customer, you"ll be able to choose between a wide variety of deposit methods, such as debit cards, credit cards, wire transfers, and more. Moreover, you"ll have access to a number of markets, including precious metals, energies, and forex.
In addition, XM is regulated by the Australian Securities & Investment Commission. Its tier-two regulatory status means that it can be trusted to handle your money safely. Nevertheless, XM requires a certain level of identity verification before you can make deposits. For example, you"ll need a color copy of a valid passport. You"ll also have to provide a residential address. Additionally, you"ll have to fill out an Experience section and a Trading Knowledge section. Lastly, you"ll need to sign up for a demo account.
Using a demo account, you"ll be able to try out the various features of your chosen platform. You"ll be able to trade and monitor your account, and you"ll be able to use the educational materials offered by XM. However, your account will only be activated once you"ve made a real deposit.
Once you"ve completed your XM sign up, you can start trading. There are over 57 currency pairs to choose from, as well as a variety of other asset classes. XM is a reputable broker that is easy to work with. XM"s support team is available to answer any questions that you have.
XM also offers a variety of options for earning commissions. One option is the IB program, which pays you $10 for each lot that you buy or sell. On top of that, XM also has an affiliate program. By introducing other traders to XM"s service, you"ll receive a 10% commission.
You can open an XM account for as little as $5. That"s a small price to pay for the benefits it provides. Furthermore, if you open an XM Zero account, you"ll enjoy zero fees for wire transfers. Moreover, the XM sign up bonus has a low minimum withdrawal requirement of just $5. This makes it easy to fund your XM account and to take advantage of its features.
When it comes to customer service, XM does a good job of answering questions quickly and efficiently. Additionally, you"ll get access to a Member"s Area, which contains information about the performance of your XM account. XM"s demo accounts are particularly useful for beginners. They feature all the same features as their real counterparts, but with no time limit to use them.
XM is a reliable online trading platform that caters to both beginners and experienced traders. A demo account is a good way to get started, and you can use your free demo to learn how to trade before committing your hard-earned dollars to an XM real account.