What kind of company is XM Trading? Especially if you are a beginner who has never used it, it will be a concern. I have compiled a collection of Q&A about XM. If you have any doubts, this Q&A collection will help you solve them.
- Where is the operating company?
- Do you have a financial license?
- When was the company established?
- Is it illegal to use XM Trading?
- Do you have a trading app?
- Is there any age restriction?
- What are your support hours?
- Is XM Trading open on Saturdays and Sundays?
- What are the reviews and reputation of XM Trading?
- What are your business hours (trading hours)?
- Can I trade on Saturdays and Sundays?
- Which currency pairs do you trade?
Where is the operating company?
The operating company of XM Trading is TradingPoint. To be precise, XM is a registered trademark and brand name of this company, but it seems that the name XM is recognized all over the world like a company name.
Do you have a financial license?
XM and its group companies have financial licenses from around the world, including Cyprus Securities and Exchange Commission (CySEC) and New Zealand Financial Service Provider (FSP), which are difficult to obtain.
When was the company established?
Established in 2009 and started the service.
Is it illegal to use XM Trading?
It’s not illegal. No problem.
Do you have a trading app?
Trade with three types of trading apps: MT4, MT5 and XM official app.
Is there any age restriction?
Anyone over the age of 18 can open an account.
What are your support hours?
24 hours a day from Monday to Friday (weekdays). Support is available via live chat, email and phone.
Is XM Trading open on Saturdays and Sundays?
XM Trading is open on weekdays.
What are the reviews and reputation of XM Trading?
Please see the article below for a detailed explanation.
What are your business hours (trading hours)?
Trading hours are slightly different depending on summer time and winter time. In summer time it is possible to trade from Monday (6:00) to Saturday (5:50), and in winter time it is possible to trade from Monday (7:00) to Saturday (6:50). You can trade 24 hours a day.
Can I trade on Saturdays and Sundays?
FX cannot be traded on Saturdays and Sundays. If you want to trade on Saturdays and Sundays, you can use virtual currency.
Which currency pairs do you trade?
There are 57 currency pairs + 4 precious metals, 5 energies + 18 CFDs, and 8 commodities. Please see below for details.