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XM or trading point is one of the brokers of the golden era, they started their initial operation from 2008, when they were only a hybrid market maker.But they have grown very quickly due to their wide spread network and various regional offices across the globe. And from 2010 they have changed their name to XM & obtained various licenses across the globe and now they are a fully regulated broker. The best features of xm is that the accounts are approved within a couple of hours, there are various methods to deposit instantly in a live account. Clients are provided various educational materials and softwares for making the life easier.All clients are assigned a personal account manager & can be reached by email or phone 24 * 5.


GENERAL INFORMATION

Company Name Trading Point of Financial Instruments Ltd
Country Cyprus
Year Open 2009
Headquarters Cyprus
Offices Australia, Moldova, United Kingdom
Employees 63
Liquidity Providers 26
License (CySEC) No. 120/10
Regulation Financial Conduct Authority (FCA) No. 538324
USA Clients  
Japan Clients  

 

 

ACCOUNT OPTIONS

Account Types Micro,Standard,XM Zeo accounts,Vip Accounts
Account Currency USD, EUR, GBP, JPY, CHF,‎AUD, HUF, PLN, RUB, SGD, ZAR
Deposit / Withdrawal Credit card, Neteller, WebMoney, Sofort, iDeal, Qiwi, cashU, Giropay, Fasapay, Bank Wire, Western Union, MoneyGram
Min Deposit 5 USD
Max Leverage 888:1 Variable
Margin Call / Stopout 80% & 20%
Min Trade Size 0.01 Lots
Max Trade Size 100 Lots & 200 open trades.
Spreads As low as 0.7 pips in EUR/USD
Spread Types Variable Spread
FX Pricing Decimals 5
Commission N/A
Rollover (Swaps) Check MT4
Free VPS (Virtual Private Server)
Free VPS Condition 5 Standard lots to be traded per Month & 5000$ min Deposit.

 

 

TRADING SPECIFICATION

Execution Options Hybrid STP
Instruments Forex, Metals, Commodity CFDs, Equity Index CFDs
OCO Orders
Trailing Stops
One Click Trading
Scalping Allowed
Hedging Allowed
News Trading Allowed
Expert Advisors Allowed
Islamic Accounts

 

 

TRADING PLATFORM SUPPORT

Trading Platforms MT4, MT4 NexGen, MAM, Mobile
Mobile Support Android, iOS (iPhone/iPad), MT4 Mobile (Windows PDA/Smartphone)
Trading API  
Managed Accounts Featured  
MAMM/PAMM Platform Option  
MAMM/PAMM Leaderboard  
Trading Platform Time UTC + 01:00
Observe DST Change  
DST Change Timezone Eastern Standard Time (EST)
Non-expiring demo