XM is one of the world's leading foreign exchange exchanges, founded in 2009 and currently headquartered in Cyprus.

Overview of XM

XM is one of the world's leading foreign exchange exchanges, founded in 2009 and currently headquartered in Cyprus. During 14 years of operation, XM has grown and become a market leading broker with more than 10 million customers from 190 countries worldwide.

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In addition, XM also owns more than 900 experts with many years of experience in the financial industry, and has customer support platforms in 30 different languages. At XM, all information is public and transparent, orders are executed quickly, there are no order rejections and no re-quotes.

So what is so good about XM that traders “choose to deposit their gold”? Let's find out!

Safety and reliability

1. License

XM is one of the safest and most reliable exchanges on the market. Currently, XM owns the following 4 licenses:

  • CySEC – Cyprus Securities and Exchange Commission, license number: 120/10
  • FSC – International Financial Services Commission in Belize, license number 000261/158
  • ASIC – Australian Securities and Investments Commission (AFSL 443670)
  • DFSA – Dubai Financial Services Authority, license number 000261/309

These are all prestigious licenses in the financial sector. These agencies will be responsible for supervising XM's business activities, to ensure transparency in transactions, protect customer rights, and prevent fraud. money laundering practices and ensure that XM complies with the highest regulations, safety and security standards at all times.

2. Awards

As a long-standing trading platform, the awards that XM has received are many, and below are some of the awards that XM has received over the years:

  • Best CFD Provider
  • Best Cryptocurrency CFDs
  • Best FX service provider
  • Best customer support
  • Experience the best trading
  • Best customer service globally

These achievements once again affirm XM's position and reliability in the financial market.

Trading products

XM offers a variety of trading products, customers can choose from many different types of products to trade from the same account. All of these products are available on XM's trading platforms, making trading easier and more efficient than ever.

  • Below are 8 asset groups that you can trade at XM:
  • Forex: More than 50 currency pairs including major, minor and rare currency pairs
  • Cryptocurrency: Trade CFDs with many popular digital currencies such as: BTC, ETH, SOL, AVAX, AAVE…
  • Stock CFDs: includes more than 1180 stock codes
  • Commodities: Trade CFDs with 8 types of commodities and agricultural products such as coffee, cocoa, corn, soybeans, flour, sugar…
  • Stock index: 14 cash indexes, 10 futures indexes and 5 dividend indexes.
  • Precious metals: trade with 2 precious metals: gold and silver
  • Oil and gas
  • Stocks: more than 100 different types of stocks, traded mainly on Share accounts

Account types

XM currently offers 4 different types of trading accounts, including: Micro, Standard, Ultra Low and Share accounts. Each account will have its own characteristics, suitable for each trading style.

Detailed information about XM account types can be accessed here .

Currently, the XM Ultra Low account is the most popular because of its outstanding features such as super small spreads (almost zero), no commissions and no overnight fees.

Deposit – withdrawal form

XM currently supports customers to deposit funds through the following methods:

  • Domestic and international bank transfers
  • Ngan Luong payment gateway
  • Visa/Mastercard
  • Neteller, Skrill, Google Play, Momo e-wallets

All deposits will be processed immediately, while withdrawal requests will be processed within 24 hours. Customers will receive money within the same day if withdrawing money via e-wallet, while withdrawing money via credit/debit card or bank transfer may take 2 to 5 working days.

In addition, XM does not charge any deposit or withdrawal fees. The minimum amount that traders can deposit and withdraw at XM is 5 USD.

Promotions

In addition to providing extremely good services and experiences to customers, XM also “scored points” by continuously offering attractive promotions. Participating in programs, you will have the opportunity to receive many valuable rewards.

Let's take a look at some of XM's “hot” programs:

  • $30 trading bonus
    This can be said to be XM's “oldest” promotion because since its launch in Vietnam, XM has still maintained this program and has not seen any signs of discontinuing this promotion. . For traders new to the market, this can be a stepping stone to provide extremely good support for those who want to experience real trading but do not want to invest capital yet.
  • XM Contests
    In addition to outstanding trading features, XM also organizes many playgrounds for traders to show off their skills, and the Social Trading contest held every month is a typical example. Any traders who are currently using a Standard account or an Ultra Low account can participate in this contest. All you need to do now is choose a class to join and show off your trading skills, competing with other opponents to win the highest rewards! Enter the contest here

In addition, XM also has many other promotions such as:

  • 2-level deposit bonus 20% and 50% up to $5000
  • Invite friends – get rewarded up to $35 per referral
  • Free VPS virtual server
  • XM Points Program (XMP)

See more promotional information here

Education program

XM is a pioneer in completely free financial education. The Vietnamese Language Enhancement Department is the entire enthusiasm that XM has researched and built. Here, traders from “novices” to “veterans” can participate in learning and improving their professional knowledge.

The Vietnamese Language Enhancement Room operates throughout the week from Monday to Friday, from 3:00 pm – 9:00 pm. Diverse knowledge classes led by a team of professional instructors will be suitable for all levels of traders.

If you are a hard fan of Lu Huu Duy, Nguyen Chi Kiet or Harry Tuan Anh, this is where you will meet them every day, exchange information and receive full support in your trading decisions. .

In addition, every first Thursday of the month XM will have a market review session of the month with professional instructors, helping traders have an overview of the month in a volatile economic context.

And every following Wednesday of the month, XM also organizes Liveshows on XM's official Facebook with outstanding topics, along with interesting prizes up to $150.

Customer support service 

XM's customer care staff operates 24/5 and can support customers in many different languages. Any problems customers encounter will be quickly answered by consultants through the following channels:

summary

Through the information mentioned above, hopefully this article will help traders better understand XM floor, from which they can choose a reputable floor to “send” their trust in their trading career. mine.