All is well... Except for the crazy spreads.
i am a long time with XM, and on my IB account is more than 500 traders, i speak with them on my Facebook, they proof to me there trades, but my commission is reduced drastically. XM have a way of blocking most of the traders on my IB account, so that i dont get commission , only a very small amount. i dont recommend XM. Guys go for HYCM.
In general, the trading platform is good, it's simple and I (as a trader) think its features are effective. But execution is not good. I thought their explanations were nothing about their related platform or maybe it was because I couldn't read the documentation carefully. However, I wasn’t able to setup expert advisors properly. And the number of indicators on platform are very limited. This is what makes analysis very difficult. The commissions also are too high. There is not Holy Grail for traders.
Don't get fooled by XM promotions! These are all for advertisement purpose. I opened a live account for the first time, but didn't received the $30. They said you had an account before. Read their terms and conditions first! they say we will give you %50 on your deposit but if you withdraw any amount from your account all the bonuses even previous ones will nullify immediately. It means, you can deposit, you can earn profit but you cannot use your money, It’s ours!
I would say that this is the best broker but sometimes its variable spreads can suddenly become high! Though, it should be mentioned that at average they are really tight. I am trading on standard account. For example the highest average for EURO/RUB is about 0.5 here. I can get the best prices by applying fractional pip pricing with 5 digits. There are really no requotes, no commissions and no hidden costs. I feel relaxed here because I do not expect any unpleasant tricks with order execution or slippage as it can be with other brokers. Sometimes I turn to expert advisor trading. It is rather reliable and reasonable, makes profit for me. I like forex world championship here hold every month. I took part in it once but couldn’t win $50.000. Perhaps I should try again to get to the final round with the prize money amounting to $500.000.
You know, I am trading within several brokers so this one is not better or worse compared to the others. Of course to succeed one should be experienced and stay informed of the events influencing the prices but still the options and trading conditions of a broker do matter. So, depositing is quite easy here. Though, you can have some delays in withdrawing and the process itself is rather complicated. The support is not helpful. Perhaps, only beginners can turn to them. I’ve heard that this broker changes its name and that is not a good sign. And the spreads can be high.
The main issue I came up against which was often enough for me to decide on another broker was the execution time on trades. Sometimes they would take 5-10 secs and others just timed out. Although Tech support was generally pretty good...they seemed to be a bit closed eared about this one...
Now that's smart investing.
Predict which way the price will move, will it be higher or lower than the current price?
Profit and risk are known before you open a position
Trade fast! Positions close in 1 minute
Guaranteed profit no matter how far the price moves.
$0.01 or $100, you get paid either way
No spreads and no commissions
Perfect for beginners and professionals alike
I don't know what's important to brokers, but for me the most important things are trust and honesty. I've worked with Binary Options Trading Solution - Auto Binary Options Signals since December 2013. At the start, my strategy wasn't really working, and it wasn't until recently that I was able to make consistent, substantial gains. It's always been easy to withdraw my winnings. These guys made it easy and I have a dedicate rep if I need anything. Just recently, I cashed out $2536.24 without question. Thanks Binary Options Trading Solution - Auto Binary Options Signals! Here's to many more months of awesome trading.
Good luck everyone!
at first they will offer good things to make you interested to open an account with them and make a deposit, but after a few days of trading they will tell you that your account has not been verified even though you can see the status of your account in the control panel. They terminated my account after a week without any further notice. So please take note of this incident and be aware of this broker.
XM is fraud, and web side is closed
they are very good
Xemarkets definitely a good broker.I have one std a/c with them.fund and withdraw one time.The real problem is the spread variation.compare with other brokers,the spread is too high.It widens sometimes while the market news time.Every trader in the world trade for a win,not for a loss.If the spread is higher,then how to scalp?how to make profit?.They are regulated ,have a lot of payment methods,especially Liberty Reserve.A lot of people in asia region,using LR to trade forex.Everything is ok with them. 100% bonus is not worth.If they reduce the spread or offer an ECN,they'll become No1 in the world.Because people search for All-in-all forex brokers......
I closed my sell trades for EurUsd because I had strong signals that Eur will turn bullish.
I used their support chat and I was amazed because they answered me in just a seconds.This was excellent!! Hope they will continue to help every trader who is needing a solution in their problem :)
The widening spread in news affects my open position and no matter if you have Hedged a bad position the widening spread can kill your account! Not recommended!
They have fast execution with low spread, the customer support are always responding properly to all my questions and concerns.
tradingpoint will become broker is the best at future..
Im a newbie with Trading Point... my comment: so far so good, fast execution & No Reqoute....ALL THE BEST TRADING POINT....:)
future of forex market tradingpoint
trading-point is the best broker in execution
Trading point is cheating for rating.
Trading Point is the best. I cuurently trade with this broker and have no problem at all. no requotes.
Excellent customer service. Fast deposit. I like this broker.
best forex broker no requotes
acc no 18907
I think Trade- point are the most reliable in the Forex universe.
брокер просто супер, безупречное выполнение своих обязательств.
I like trading-point that is good broker
TradingPoint is very nice
Excellent customer service. Fast deposit. I like this broker.
Trading Point is the best. I cuurently trade with this broker and have no problem at all. no requotes
there r very good
Forex reviews and information about brokers outspoken by their clients are valuable sources that give the trader an idea whether trading with a certain company is to be profitable or not. Once you are interested in trading with XM and would like to know if the official broker's information and their activity profile correspond to the facts, it is useful to read reviews about XM. These reviews have been written by either former or present-day clients who've described their positive or negative experience of trading with the broker, advantages and disadvantages of this company. All these attestations are different, and if you wish to add your comments, say, about improper client service of a broker or to underline their positive sides, this section is for you.
Reviews about XM might be of good service to the new forex traders who are yet hesitating which forex broker to opt for. The information featured in this section is judgmental and cannot be taken as an instruction manual; however, it is definitely useful and can help you understand if the broker matches your personal criteria. The topics of reviews can be very different; it is not prohibited to express an opinion on any forex trading issue. At that we expect our site visitors to be of decent conduct and to follow the moral standards.
Open an account XM.COM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus) and Trading Point of Financial Instruments Pty Ltd. (Australia). Our clients benefit from direct access to the financial markets in over 300 financial...
Regulation: CySEC, ASIC, FCAXM trading information
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