[XM Trading: For Beginners] XM VS LINE FX Features, Spreads, Leverage Comparison Which is Better?

XM has become one of the top Forex companies in the world and has many users all over the world. For that reason, we have become a very highly rated FX company. LINE FX is the most well-known communication app among Japanese people, but we are also involved in the FX business, Very popular. Which one is better for actually using a Forex company?

XM company profile

XM actually has three companies. 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 (company) depending on the country they provide.

[XMTrading: For FX beginners] Reputation and word of mouth, company information and acquired license safety Advantages and disadvantages

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.

www.globalforextradesite.work

2022.12.31

XM account type

XM has four types of accounts: “Standard account”, “Micro account”, “KIWAMI pole account” and “Zero account”.

[XM Trading: For Forex Beginners] Comparison of Account Types and Differences

As of 2023, there are about 4 account types on XM. I will explain the differences between each, but if you are a beginner, we recommend starting with the standard account. This is because there are many people who don't know the difference, and it's preferable to change the steel type if you're not happy with it after using it.

www.globalforextradesite.work

2022.12.31

User reviews, reputation

Japanese users are the main users of XM. We have collected reviews from Japanese users who have actually used the product, so please refer to it.

[XM Trading: For Forex Beginners] Reviews and Reputation of XM - Japanese User Edition

XM Trading is the world's most popular Forex broker. It is used by many users and is expected to continue to grow. However, among those who are thinking of using XM from now on, I think there are many people who are wondering if the usability of XM itself is the torso. So, I collected the raw voices of XM users.

www.globalforextradesite.work

2023.01.01

Distribution of XM registered users by country and region

I quoted from TradersUnion, a global trade review site. The country distribution of XM users is shown below. TradersUnion is a review site for forex companies and cryptocurrency exchanges. There are many reviews posted by users all over the world, so it is helpful, but it is better to keep it as a reference because there is fake information.

In the case of XM, there are a lot of Thai users. Overall, you can see that there are a lot of users in Southeast Asia, Southern Africa, and Central and South America. I have the impression that XM has succeeded in attracting customers because it will become one of the top Forex companies in the world.

Source : TradersUnion

On the other hand, in the case of XM Trading, Japanese users account for nearly 99%. In addition, it is clear that Thais, Koreans, and Americans are using this XM.

Source : TradersUnion

What is LINE FX?

LINE FX is a FX service that specializes in convenience and smartphone applications, and it will be a LINE FX service that is a call application. LINE FX is a popular FX service with a track record of exceeding 100,000 accounts in about eight months since its launch. It is known as a very convenient service because it is very popular and you can easily trade with your smartphone.

LINE FX

XM VS LINE FX

bonuses and promotions

XM has account opening bonuses, deposit bonuses and even loyalty programs. Compared to this, LINE FX’s bonuses and campaigns are very poor. We are doing cashback campaigns, but compared to XM, the conditions for receiving bonuses are clearly higher.

Maximum leverage

XM has a maximum leverage of 1000x, while LINE FX has only 25x. Japanese law only allows up to 25 times. Also note that LINE FX does not have a zero cut.

trading tools

As for trading tools, LINE FX is supposed to use original tools, which is very unique. Compared to this, XM can use MT4 and MT5, so it can be said that it is clearly trader-friendly

average spread comparison

I compared the average spreads of XM and LINE FX with a standard account. XM has a bonus, so the spread is very wide. LINE FX has very narrow spreads, so it is recommended for scalping traders.

Brands handled

You can see that XM has more stocks in general. Since LINE FX only covers FX currency pairs and only major currencies, the disadvantage is that there are very few options.

Open a free account

XM Trading allows you to open an account for free. Therefore, there is no risk, so you can easily open an account. The following article introduces how to open an account, so please refer to it.

[XMTrading: For FX Beginners] Latest real account opening method and procedure, required documents, important points explained

XM Trading is the world's most used Forex broker. In order to actually do Forex, it is necessary to have a wide account at a Forex company. By the way, opening an account is easy even for beginners, and there is no cost. Opening an account may sound troublesome, but it only takes about 10 minutes to fill in the registration form and about 30 minutes to authenticate the required documents. It will be possible to start.

www.globalforextradesite.work

2022.12.30