What is the leverage ratio of XM? A complete explanation of up to 1:1000.
The answer is: XM's maximum leverage is 1:1000. Before actually placing the order…
Jake
Jake is a forex and CFD trader with over 13 years of experience. He started in the forex market in 2012, beginning with EUR/USD, and later primarily traded gold (XAU/USD) and major currency pairs. Having weathered several major market events, including the 2015 Swiss franc black swan event, the 2020 negative oil price crisis, and the 2022-2023 gold market crash, he is well-versed in the risks of high-leverage accounts. He has used live accounts with over ten brokers, including XM, IC Markets, Exness, and Pepperstone, and is familiar with the three major platforms: MT4, MT5, and cTrader. The broker reviews on this site are primarily based on my actual deposit experience, not just on official website descriptions.
How do I use the XM deposit bonus?
XM's deposit bonus can be used. But first, understand what it is: it's trading credit, not cash. The extra money in your account…
What is the XM gold spread?
When looking at gold spreads on XM, don't just ask "What's the gold spread?" I usually look at two things first: what account you're using, and...
Can I Trade Gold on XM?
Yes. XM allows trading in gold, with a common pair being XAU/USD, which is gold against the US dollar. However, this type of…
Which currency pairs can be traded on XM?
XM allows trading of three main types of forex currency pairs: USD direct pairs, JPY cross pairs, and EUR cross pairs. Common pairs…
Which regulatory body regulates XM?
To summarize: XM is regulated by multiple regulatory bodies, but the entity where the account is opened is key. Regardless of which platform you open an account on, I recommend…
What is the minimum deposit at XM?
The minimum deposit for XM is typically $5. If you have a common XM trading account…
Who is the XM Ultra Low account suitable for?
I generally wouldn't recommend an XM Ultra Low account to complete beginners. When you first start trading, the most important thing to practice is…
Who is the XM Standard account suitable for?
The XM Standard account is more suitable for those who already have some basic trading knowledge and are preparing to trade forex, gold, etc.