2023-01-07

Trade

[XM Trading: For Forex Beginners] Will Slippage Occur?

Slippage is a concern in Forex trading. It is very difficult to completely avoid slippage, and it occurs regardless of the Forex broker. In order to reduce trading costs, it is important to choose a Forex broker with a small slippage frequency and width.
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[XM Trading: For Forex Beginners] Stop Loss and Take Profit Meaning of Terms

To trade on XM you need to be sensitive to stop loss and take profit. This is because if you don't know where to cut losses and where to take profits, you will end up with endless positions. There is no such thing as a 100% win rate in Forex orders. If you do not manage risk properly, you will be asked to leave the world of Forex.
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[XM Trading: For Forex Beginners] What are XM points?

XM has a "Loyalty Program" that allows you to exchange your accumulated loyalty points for "bonus" or "cash" according to the trading volume. The number of points earned per lot differs for each loyalty status based on the number of trading days, and the more loyalty points you can earn by trading continuously.
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[XM Trading: For Forex Beginners] Virtual Currency Trading Bitcoin, Ripple, etc.

Until now, XM has not dealt with cryptocurrency CFDs (crypto assets) such as Bitcoin, Ripple Ethereum, etc. due to the high volatility. But in 2022, XM made a big decision. XM resumed trading of cryptocurrency CFDs on May 24th, making it possible to trade 24 hours a day, 365 days a year on MT4 and MT5.
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[XM Trading: For Forex Beginners] Are There Binary Options at XM?

Many people have wondered if XM has binary options options. XM handles not only FX but also many investment products such as virtual currency and commodity futures. Is it possible for XM to have a binary option with a very simple trading mechanism that is easy for beginners to start?
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[XM Trading: For Forex Beginners] How to check and change leverage

XM leverage can be determined when opening an account. But then you can also check your leverage. If you already have an XM Trading account, you can check and change your leverage at any time from My Page.