XM Group trading instruments review: currency pairs and CFDs with tight spreads and competitive leverage
XM is a Forex and CFD broker that offers trading services to retail and institutional clients. The company is regulated by multiple financial authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority (FCA) in the UK.
XM provides its clients with a choice of trading platforms, including its XM MT4 and MT5, as well as mobile trading apps for iOS and Android devices. The company also offers a range of educational resources and tools for traders, including webinars, trading signals, and a demo account for practice trading. Additionally, XM has multiple account types, including micro, standard, and XM Zero ones with competitive spreads and commissions.
In the list of XM offers, you can find such instruments as currency pairs, and CFDs on various assets including stock indices, commodities, precious metals, and energy carriers, the trading conditions of which we will consider in this article.
Popular XM trading instruments
As a broker, XM provides a wide range of trading instruments to cater to the needs of different traders. These instruments include currency pairs, stocks, commodities, and indices, all available to trade via XM’s advanced trading platforms. By offering a diverse selection of instruments, XM aims to provide its clients with the flexibility to deal across different markets and take advantage of a range of trading opportunities. Now, let’s examine the trading conditions for each of the instruments offered by XM.
Currency pairs trading with XM
XM offers over 55 currency pairs, including majors, minors, and exotics, allowing traders to diversify their portfolios and take advantage of trading opportunities in various currency markets. The trading conditions for currencies at XM are as follows:
- Leverage: XM offers leverage of up to 30:1 for Forex trading, allowing clients to control larger positions with a smaller amount of capital. However, it is important to note that high leverage can increase both profits and losses, so it should be used with caution.
- Low spreads: XM offers competitive spreads on currency pairs, starting from as low as 0.6 pips for the EUR/USD pair on the XM Zero account, and 1 pip on the Standard account, which can help traders reduce their trading costs.
- Trading tools: XM provides traders with a range of trading tools, including technical analysis tools, trading signals, and economic calendars, which can help traders make informed trading decisions.
- Trading platforms: XM offers its proprietary MT4 and MT5 trading platforms, as well as mobile trading apps for iOS and Android devices, which can provide traders with access to the currency markets from anywhere and at any time.
- Educational resources: XM provides clients with a range of educational resources, including webinars, trading guides, and video tutorials, which can help traders improve their knowledge and skills in forex trading.
Overall, trading currency pairs with XM provides users with numerous opportunities to profit from fluctuations in the currency markets, with a range of trading tools, platforms, and educational resources to support their trading activities.
Stocks trading with XM
XM offers CFDs on a variety of stocks from different markets, including the US, UK, Germany, France, Spain, and Italy. You can choose from over 300 different stock CFDs, so it’s important to do your research and select the ones that fit your trading strategy and risk tolerance.
On the other hand, when you trade stock CFDs, you don’t actually own the underlying assets. This means that you don’t have to worry about the costs associated with buying and selling actual stocks, such as brokerage fees and stamp duty taxes.
The trading hours for stock CFDs are the same as the underlying stock market hours. For example, if you want to trade the US stock market, the trading hours are from 9:30 am to 4 pm Eastern Time. However, keep in mind that there may be some differences due to the time zone where you’re trading from.
Unlike actual stock trading, XM offers margin trading for stock CFDs. XM offers leverage up to 1:5 for stock CFDs that can increase your potential risk and you should use it with caution and some experience.
All in all, trading stock CFDs with XM can provide a range of benefits for traders, including lower capital requirements, access to leverage, and a wide range of markets and instruments.
Commodities trading with XM
XM also has commodities on its list of offerings that are traded with CFDs. Trading commodity CFDs with XM can provide access to the global commodity markets with greater flexibility than trading actual commodities.
Considering commodity selection, XM offers a wide range of commodity CFDs, including precious metals, energy, agricultural products, and industrial metals. You can trade these commodities in real-time with competitive spreads. Like other CFDs, commodity CFDs can be traded on margin, allowing you to trade with a smaller amount of capital than you would need to trade actual commodities. XM offers leverage of up to 1:10 for commodity CFDs.
Besides, you to trade both long and short positions, which gives you more flexibility to deal with both rising and falling commodity prices. You can also trade commodity CFDs in smaller contract sizes than you would need to trade actual commodities, which can make it easier to manage your risk.
Equity indices trading with XM
At XM, you can also trade a diverse selection of equity index CFDs, comprising major indices like S&P 500, NASDAQ, Dow Jones, FTSE, and DAX, with real-time trading available at competitive spreads and leverage of up to 1:20. Trading equity index CFDs via XM can give you access to a broad range of global stock market indices, with possible lower costs and enhanced flexibility in comparison to trading actual stocks.
Benefits of trading various instruments with XM
There are several benefits to trading different instruments with XM, including:
- Diversification: XM offers a broad range of trading instruments across various asset classes, including currency pairs, stocks, commodities, metals, and indices. Trading a diverse range of instruments can help clients potentially reduce their overall portfolio risk and benefit from various market conditions.
- Leverage: XM offers competitive leverage for trading different instruments, allowing users to amplify their trading positions and potentially increase their profits.
- Low costs: XM offers competitive spreads for trading different instruments. Additionally, XM does not charge commissions on currency pairs and precious metal trades.
- Trading tools and resources: XM provides access to a range of trading tools and educational resources, including daily market analysis, economic calendars, and webinars. These resources can help traders to stay informed and make well-considered decisions.
In summary, by offering a wide range of trading instruments across various asset classes, XM provides traders with the opportunity to expand their portfolio and reduce risk by diversifying their investments, as well as to potentially maximize their funds, and capitalize on different market conditions, all under one platform.
Summing up: XM trading instruments
In summary, XM provides a diverse selection of trading instruments across various asset classes, including over 55 currency pairs, more than 1200 stocks from major stock exchanges worldwide, CFDs on commodities and precious and industrial metals, as well as access to a wide range of global stock market indices. This broad range of trading instruments allows traders to diversify their portfolios and possibly gain from various market movements.
In addition to a wide range of trading instruments, XM offers competitive trading conditions, including tight spreads, flexible leverage, and no requotes or hidden fees. Its clients also can use a variety of educational resources, market analysis, and customer support to make informed trading decisions.
Click our exclusive button to start trading with XM and experience the benefits of its advanced trading platforms, competitive trading opportunities, and exceptional customer service.
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