How long does XM Global have been servicing since?
The broker, which has been providing services from almost all over the world since its establishment in 2009, is known as Southern Cyprus. It is a rare forex company in the industry that offers more than 30 language options and more than 25 payment methods. Additionally, the company has won more than 50 awards. XM Global has made a name for itself in the Forex markets.
Is XM Global a trustworthy forex broker company?
When evaluating the reliability of a broker, the first thing we need to look at is usually its license. Brokers apply to supervisory or interrogating institutions called regulators to prove that they are reliable. These regulators offer certain standards and conditions to brokers. If brokers can successfully meet these conditions, they receive a license and officially certify their reliability.
Does XM Global have lisence?
XMGlobal is a forex company licensed by four different regulators such as ASIC (Australia), CySEC (Cyprus), FCA (UK) and FSP (New Zealand) to ensure its reliability worldwide. These licenses show that the company meets the necessary standards to operate in financial markets and offers a safe trading environment to its investors.
Which Account types does XM Global have?
XMGlobal offers services through four different account types.
-Micro
-Standard
-Share
-Ultra Low
These account types indicate the following,
Micro: In this account type, you can trade with micro lots (1,000 units). The minimum guarantee amount is stated as 5 dollars. Spread rates can be as low as 1 Pip and an Islamic forex account can be opened.
Standard: This is the account type where you can benefit from the company’s standard features. 1 Lot is traded as 100,000 units. Spread rates can be as low as 1 Pip and an Islamic forex account can be opened depending on the person’s wishes.
Share: Leverage is not used in this account type and the minimum collateral amount is set at $10,000. Lot sizes may vary depending on the stock.
Ultra Low: The minimum account opening limit in this account type is 5 dollars. Ultra Low Account holders can trade micro lots (1,000 units) or regular lots (100,000 units). Spread rates can go as low as 0.6 Pips and an Islamic forex account can be opened.
What language services are there in XMGlobal?
It is a reliable forex company offering more than 30 language options and more than 25 payment methods. You can visit the website to open an account at XM Global brokerage firm.
To get more information about Forex brokers, you can review our Brokers page.