XM
Questions & Answers

You mean MT4 or MT5? Right now, there really isn’t a MetaTrader platform without a number attached to it. At least, that’s what I know, and XM only offers MT4 and MT5. When it comes to choosing between these two, it’s a bit hard not gonna lie. However, if you are a beginner, I would recommend you to go for the MT5 trading platform, since it’s an updated version of MT4 and has more features. That being said, the overall interface and feel are quite similar. It’s also interesting to mention that a lot of forex traders still prefer MT4, so if you are really into trading forex pairs, you might want to give MT4 a try. But in the end, I would still recommend going for MT5.

I used to prefer using MT5, but a couple of months ago I switched to their custom trading XM app. It was when the broker announced the upgrade and integrated their trading app into the dashboard, so one can trade and manage accounts and everything as soon as he logs into his profile. No installation is needed. Plus the app is powered by tradingview charts and this was the main trigger for me to make the switch. I used a free TW version, and you probably know that it comes with certain limitations in the number of indicators you can use at once, and how many charts you can save. At xm app, these limitations are eliminated, you get the full TW charting experience.

It’s possible, not in every country… If you see these methods in the list of deposit methods, you’re good to go. As far as I know they offer crypto in all major currencies, but for sure the most selected one will be transfers that are made by USDT. Since the broker adheres to AML policy, what you see in the deposit section, will be the same in withdrawal. Personally, I didn’t see crypto payment methods in my personal area, but my friend from the neighboring country did… That’s a catch.

Market intelligence and education. This is a place you're gonna love if you trade with xm. No surprises traders mention it a lot in their reviews. Here are published daily market insights, technical analysis, even fundamental analysis. The range of instruments they cover with intelligence is really wide, so there is something for every trader. I have taken some trading setups on instruments that I don't usually trade, but I saw that the trading opportunity was too good to pass. So you can use it to trade instruments that are not on your watchlist. In short, this service that xm provides is very helpful, saves a lot of monitor time and gives excellent and accurate analysis.

I guess we’re speaking about xm broker, right? What makes them to standout, it’s automatic approval of deposits and withdrawals (well deposits are instant anyway). I talk more about withdrawals, because with deposits, it's always more or less predictable. Brokers are interested in making this process as easy and speedy as possible. They approved withdrawal requests by AI, not human hand, that’s why the delivery time depends on the methods. I guess this is the quality we discuss, when the topic of best withdrawal method is concerned. In my xp, I’ve always preferred crypto. There are network fees but it’s by far the fastest method. USDT through TRC-20 is my favourite.

Yep, it was me... I think the fact that XM offers not only short-term trading, but also long-term investments was key to why I joined them. It allows me to manage my deposit more efficiently, I just allocated 60% of my deposit for investing in the stock market, and another 40% for trading on an ultra-low account. Keep in mind that to get access on a shares account, you have to replenish more than $10,000 which is pretty affordable. And the cool part? XM offers investors to sign the W8-BEN form that allows you to avoid double taxation from USA stocks. It’s better to sign it as soon as you buy stocks there. I personally already made up my own portfolio, the big allocation in my portfolio is invested in NETFLIX stocks. They are undervalued too much in my opinion.: :)) ))

The turbo stocks let you trade with a higher leverage. For some stocks it’s up to 200, which is quite unusual for stocks, whereas stock derivatives are just normal cfd for stocks. The leverage there is limited to 10 or 20 at max.

Yes, it is. As a broker xm has proven to be one of the most trusted brokers out there, so having in mind their strong reputation in the industry, it can be trusted for social trading, too. As for copytrading, the platform provides all the important stats and history of the strategy providers, so you can easily find a trader whose trading style is a good fit for you. And what is important for a good copytrading platform, they have a huge pool of strategy providers, like more than 9k.

Now - for sure. Some time ago, it was still raw. But now, with the new outlook, it became much more comfortable to use to be honest. Like you dive into trading right away and you have your assets on the left, + TV powered charts.

Well, in my case witdrawals have gone much faster, perhaps they took some notes from not so good reviews about slow withdrawal expereince from some users, worked over, maybe got some tech solutions to speed up the procedures overall and achieved that. At least I noticed it this month when was withdrawing my money. I wouldn't say anything particular about suppoprt - works the same.