XM Trading is one of the world’s most well-known Forex brokers. It has many users and is said to have the largest number of users in the world. Where is XM Trading headquartered and what licenses does it hold? I am writing about that.
- What are the differences between the three operating companies of XM?
- Details of XM company information and basic information
- Support language
- Rejection of execution
- trading platform
- What account types are there?
- 24 hour support
- Abundant deposit and withdrawal methods
- Zero cut system is adopted
- Leverage up to 1000x
- Financial products, stocks handled
- Perfect security measures
- Events are often held at XM.
- It is possible to open corporate accounts and demo accounts.
- Lots of bonuses and campaigns
- User reviews and reputation
- Opening an account is free
What are the differences between the three operating companies of XM?
There are actually three companies in XM. If you search online, you should find three hits: XM.com, XMtrading.com, and XMGlobal. The parent company of these three is the same “Trading Point Holdings Ltd”, but they use different domains (companies) depending on the country of service. In FX trading, safety and whether you can win or not are important. In recent years, the number of IB partners has increased, and KIWAMI accounts have also appeared, making the service more complete. We are a reliable and safe company as we have multiple financial licenses.
|Operating company||Trading Point Holdings LTD||Tradexfin Limited||XM Global Limited|
XM.com is XM Group’s overseas Forex company for EEA (European Economic Area) and UK. XM.com is licensed by FCA (British Financial Conduct Authority), ASIC (Australian Securities and Investments Commission) and CySEC (Cyprus Securities and Exchange Commission).
XM Trading, introduced in this blog, is an overseas Forex company of the XM Group for the Asian region. XM is licensed by the FSA (Seychelles Financial Services Authority). XM Trading has the advantage of not being restricted by leverage regulations and having a maximum leverage of 1000 times and rich bonuses.
XMGlobal is XM Group’s overseas Forex company for regions other than Europe and Asia. XMGlobal is licensed by iFSC (Belize International Financial Services Commission), CySEC (Cyprus Securities and Exchange Commission) and ASIC (Australian Securities and Exchange Commission).
Details of XM company information and basic information
This is about the company information of XMTrading introduced in this blog. The disadvantage is that the spread is quite wide in pips, so the reputation is quite divided between good and bad. Swap points occur, but bonuses and campaigns are generally enriched. The operating company’s security is solid, ensuring both reliability and safety. Assets are well managed and there are no refusals such as deposits. You can win with various trading methods.
|Formal name||Tradexfin Limited|
|Head office location||Steliou Mavrommati 80B, Agios Pavlos, 2364, Nicosia, Cyprus|
|supported language||Japanese, English, Chinese, Malay, Russian, Korean, Thai|
|Business start date||June 19, 2009|
|number of employees||210 or more|
The strength of XMTrading is that it has been in operation for over 10 years. The fact that the swimming period is long means that it is trusted, and it also proves that users can use it with confidence. Many users are satisfied with the content, and the company ranks high in popularity rankings. It has many attractive features compared to new entrants such as FXGT, and allows for high leverage trading.
XM Trading boasts industry-leading standards in various fields. The servers used by XM Trading are said to be able to process 5000 simultaneous orders per server. It can be said that it is because of XM Trading’s capital strength that we are able to create a comfortable trading environment. Transaction costs are low and contract rejections do not occur. Even if you hold a position, you can make quick payments.
XM Trading is a company that mainly operates in Asia, and its staff members are made up of many different nationalities. Therefore, there is an advantage that support can be provided in various languages. It is the most successful forex broker compared to bigboss, fxgt, titanfx, axiory, gemforex, iforex, exness, etc.
Japanese, English, Chinese, Malaysian, Russian, Korean, Tibetan, Filipino, Taiwanese, Thai, Arabic, Hindi, Greek, Hungarian, French, Polish, Italian English, Swedish, German, Spanish, Portuguese, Dutch, Czech
Rejection of execution
We use the NDD method, which eliminates any rejection of trades. There are almost no rejections at XM, and orders are successful 99% of the time. In real time, 99% of all orders are executed within 1 second. You will be satisfied with the minimum level, and as you get used to the new trade by yourself, it will become easier to use. By learning, you can realize your ideal trade.
The standard trading platforms are MT4 and MT5, which are very famous and are used by most brokers. Therefore, from a user’s perspective, it is very easy to use, so it can be said to be recommended. Both discretionary trading and automatic trading are possible. MT4 and MT5 are commonly used tools and useful, so try to learn them to some extent. Once you get used to price movements, it’s perfect.
What account types are there?
Most people choose the standard account type, but there are also KIWAMI and zero spread accounts for professional traders. There are also micro accounts for small-value transactions, and there is a wide variety of account types available. There are four types of customer accounts, which are easy to understand for a major company. You can also trade on your smartphone. If you’re worried, go for a standard account.
|Account type||Standard account||micro account||KIWAMI pole account||zero account|
|Maximum leverage||1,000 times||1,000 times||1,000 times||500 times|
|Minimum deposit amount||$5||$5||$5||$5|
|Bonus||New account opening bonus deposit bonus|
|New account opening bonus|
|New account opening bonus||New account opening bonus|
|Amount of currency in 1 lot||100,000 currency||1,000 currencies||100,000 currency||100,000 currency|
|Minimum order quantity||0.01 lot||MT4: 0.01 lot (10 currencies)|
MT5: 0.1 lot (100 currencies)
|0.01 lot||0.01 lot|
|Maximum number of orders||50 lots||100 lots||50 lots||50 lots|
|Number of stocks handled||[FX/currency pair] 57 stocks [FX/precious metals] 4 stocks [CFD/stock index] 30 stocks [CFD/Commodity] [CFD/Energy] 5 stocks||Same as left||Same as left||Same as left|
|transaction fee||free||free||free||$5 each way|
24 hour support
XM offers 24-hour phone, email, and chat support. In addition to email and telephone, our easy-to-use live chat support is also very popular. Responses from the reception desk are very fast, and even the smallest questions are answered 365 days a year. It’s stress-free, which is a great support.
Abundant deposit and withdrawal methods
XMTrading supports deposit and withdrawal methods such as credit cards, banks, and Bitcoin. Therefore, users are unlikely to have difficulty deciding on deposit and withdrawal methods. BXONE, bitwallet, and debit cards are also supported, and the basic currency categories can be selected from US dollar, euro, and Japanese yen.
Zero cut system is adopted
XM uses a zero cut system. The “Zero Cut System” is a system in which XM will bear the burden when loss cuts (forced liquidation) cannot be made in time due to sudden market price fluctuations, resulting in a loss exceeding the effective margin of the account. This is a system where XM will compensate you even if you incur a loss and have a negative balance. I feel safe.
Leverage up to 1000x
XM has a maximum leverage of 1000x, so you can start trading with an extremely small amount, making it an FX broker highly recommended for beginners. It can be said that there are very few brokers in the world that can trade with such high leverage. We handle transactions ranging from small amounts to large amounts.
Financial products, stocks handled
XM has a wide variety of stocks to choose from. In addition to foreign exchange, you can also trade in a wide variety of investment products such as virtual currency (Bitcoin), precious metals (gold), energy, and stocks, so we recommend it. The content is quite rich, and there are many brands targeted at Japanese people.
Perfect security measures
XM has strong security measures, and personal information and profiles are carefully managed. A driver’s license and passport are required for identity verification. Furthermore, prohibited activities are clearly defined, and arbitrage and scalping based on economic indicators are prohibited. Bilateral trading and automatic trading are OK. If you violate this, your account will be frozen. The amount will be frozen, making it almost 100% impossible to trade. Once you know the cause, talk to the support center.
Events are often held at XM.
XM hosts free webinars, seminars, surveys, and more. Compared to other companies, we offer many services that are free to use. The service is provided online and will provide detailed explanations. Official and always up-to-date information is posted.
It is possible to open corporate accounts and demo accounts.
XM allows you to open a corporate account and even a demo account. Comprehensive functions and specifications are the same as personal accounts. You can freely trade with limit orders, market orders, etc. You can get an overview by asking support. There are also advantages to forming a corporation rather than earning money on your own. You can also trade in foreign exchange and virtual currencies at any time.
Lots of bonuses and campaigns
XM has a lot of bonuses and campaigns. It has a pretty comprehensive loyalty program (XMP), and you can trade the credits and points you usually accumulate into cash. You can collect points frequently, so you can save up a lot of money.
User reviews and reputation
The overwhelming majority of XM users are Japanese. The reputation of Japanese users is generally very high, and it is characterized by very high ratings. It is relatively easy to make profits, and there is no worse reputation than forex companies in Japan. There are many bonuses and campaigns that you can receive. Although it is not permitted by Japan’s Financial Services Agency, it is possible to use it for transactions with small amounts. KIWAMI accounts offer narrow spreads.
Opening an account is free
Opening an XM account is free. We also have Islamic accounts and demo accounts, so you can open an account according to your needs.