Jul 17 2020 0
XM, in many traders’ opinion, is one of the top forex brokers in Asia. The reason why many forex traders love XM is that they are well regulated, offer great services, have low cost, and support customers really thoroughly. Today we will look at the trading platforms of XM, mainly the XM trading app since most people nowadays trade on their phones.
What makes XM good?
XM brokers currently have over 4 valuable regulations and licenses such as CySec, ASIC (Australia), FCA (UK), FSB (South Africa), and IFSC.
XM has spreads similar to the top US brokers’ (FXCM & Forex.com) and US brokers’ (1.7 pip for the EUR/USD currency).
What is more, XM encourages clients by means of bonus programs which is a strong point of XM brokers. For instance, their loyalty program rebates back $3 for every transaction. The rebate amounts increase overtime and can reach as much as $10 per transaction. Once you take XM’s loyalty program into consideration, their trading conditions can be on-par with other US and UK brokers with spreads as low as 1 – 1.4 pips.Moreover, You can get up to $5000 with the maximum deposit rate being 100% from the deposit bonus program.
In general, XM’s trading conditions are not yet perfect but you will become a smart trader if you take advantage of its strong point for trading times.
XM’s target is to guarantee client’s satisfaction, so XM offers many services to address all complaints from traders. Support is increasingly convenient when XM can consult in over 30 languages. Particularly, Thai, Chinese, Indonesian, Vietnamese, Malaysian... speaking supporters are always ready to support 24/7 and those countries also have local banking to meet client’s high needs.
XM trading platforms
XM uses the standard trading platforms MT4 and MT5, both web-based and downloadable softwares. For mobile traders, they offer the XM trading app, which is basically developed from the MT4 trading app.
Smartphones have become an indispensable tool in the modern world today so there are more and more people trading on their phones all the time. The XM trading app is available for both Android and IOS phones. You can easily find it on the Google Play store or App Store.
You can trade easily on your iPhone, iPad or Android devices (phone and tablet). The app will have all the trading features just like the MetaTrader software on your computer. It has 3 different charts for your needs, up to 30 technical indicators.
Instruction for XM trading app
- Find the MetaTrader 4 app on Google Play or App Store. Then download it to your phone.
- Open the app. Choose to open either a new account or an existing account if you already have one.
- A new window will open. Type “XM” into the search box.
- Choose XMGlobal-Demo if yours is a demo account or XMGlobal-Real if yours is a real account.
- For a new account, proceed with the sign-up procedure. For an existing account, you just need to type in your account number and password to sign in.
- Finally, start trading normally with your mobile device.
There you have it. A convenient, well-designed, and simple trading app from the world’s best forex broker. Download the XM trading app now to start making really good profits from the palm of your hand today.