It’s not just a myriad of official licenses that make XM very worthy of choosing. It is because this broker also offers two of the most popular types of platforms in trading activities, namely MetaTrader (MT) 4 and 5. Both MT4 and MT5 can be used on Windows or macOS-based computer devices. Meanwhile, if you trade NAS100 indexes, You can go to http://www.nas100brokers.com/ if you want to learn more about XM and other Brokers that deal in NASDAQ100 indexes.
Not only computers, either PCs or laptops, this XM broker trading platform can also be accessed via mobile devices either Android or iOS based. To make this XM review even more promising, here are the products to choose from at this broker:
Forex: There are more than 55 forex pairs
CFDs on Indices: Unlike most stock investing, Index trading allows you to trade on the equity market without the need to buy stocks
CFD Commodities: Some of the commodities offered by XM are sugar, chocolate, wheat, and others which are needed by the world market
CFD on Stock: More than 600 companies joined
CFD on Metals: This is one of the superior assets in XM brokerage besides forex. Allows traders to buy and sell gold and silver without requotes and additional trading costs either short term or long term
CFDs on Energy: As one of the most active commodities on the world market, you can trade crude oil without worrying about additional costs
Cryptocurrencies: Available on the MT5 platform, trading cryptocurrencies can be done 24 hours, 5 days a week
Account Types Available at XM
XM offers four types of accounts that you can choose from. Here’s a brief review for each account:
1. Micro Account
It offers small-scale trading activities which are perfect for beginners.
2. Standard Account
The Standard account type is not much different from the Micro account. However, there have been several increases in the size of the contract.
3. XM Zero account
The XM Zero account is more for experienced traders. Why is that? Because there is no trading bonus. Even the minimum hedging allowed is $ 100. Because it is quite high, the XM Zero account is not suitable for all traders.
4. Shares Account
As the name suggests, the Shares account is more specifically for traders who want to trade stocks.