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XM Withdrawal Proof Review | $5800 Successful Withdraw from XM
History and Background
XM is the registered trade name of Trading Point of Financial Instruments Ltd, a CySEC-regulated, FCA (UK)-registered, international forex broker with its main offices in Limassol, Cyprus. Since its establishment in 2009, the company has gained corporate reputation by virtue of their core values such as business transparency, excellent trading conditions, and professional client communication.
XM operates its financial services with full European Union authorization (including BaFin, AFM, FI, FIN, and CNMV) and by following a best execution policy for executing trading orders in real time.
Visit XM (Trading Point) now and get a free demo account or start trading with a live account right away
XM is the next-generation broker for online forex and commodity trading, offering a wide array of progressive features for trading forex, precious metals, stock indices, and energies. What makes XM outstanding is that there are no re-quotes or rejections of trading orders, no hidden fees or commissions, and 99.35% of orders get executed in less than 1 second.
The 888:1 leverage offered by XM is unique in the industry. Over 60 currency pairs and over 100 financial instruments can be traded both online and by phone on 7 advanced trading platforms. Besides, there are no upper limits to deposits.
Beginner and seasoned traders can equally benefit from superior services and from exactly the same trading conditions, whether they open a real or a demo account. Registration is currently available in 17 languages, and trading can be started with a min. deposit of USD5 on multiple forex accounts, or on non-expiring demo accounts funded with USD100,000 virtual currency. Clients can benefit from tight spreads as low as 1 pip on the major currency pairs.
Clients can choose from three forex account types with custom-tailored conditions and base currency options for USD, EUR, GBP, JPY, CHF, AUD: MICRO account (1 micro lot = 1,000 units of the base currency), STANDARD account (1 standard lot is 100,000 units of the base currency), and EXECUTIVE account (1 standard lot is 100,000 unites of the base currency).
With generally tight spreads on over 60 currency pairs and the same spreads offered for all trading account types, XM also provides fractional pip pricing so that clients can trade with tighter spreads and benefit from the most accurate quoting possible.
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FiNMAX mobile apps are available for both iOS and Android devices, which ensures that traders can access their accounts through a smartphone or a tablet. FiNMAX offers specific FiNMAX apps for iPhone, iPad, and other smartphones and tablets. Once again, traders can access almost the entire range of platform features that are available on the desktop platform, while advanced charting options from TradingView can be easily accessed through their responsive template.
FiNMAX Trading Accounts.
Even though the minimum investment required for a Platinum VIP account is high, the trading features can more than justify the initial investment barrier. The only concern is that traders may not feel comfortable depositing large amounts of money at FiNMAX without any proper regulatory protection. Regardless, the company has managed to steer clear of any large controversies, which does make it a bit more dependable than brokers that are located in tax havens.
FiNMAX Demo Trading Account.
FiNMAX offers a limited period demo that is valid only for a week, which is not a whole lot of time to learn the concept in detail. Although FiNMAX has limited its demo account to users, it is far better than avoiding a demo offering altogether. Seasoned traders can use the demo trading account to gauge the efficiency of the platform, while amateur traders can also use the demo period to familiarise themselves with the binary options market and put on a few trades to gain market exposure. Nevertheless, we would have appreciated if the company had provided a bit more time with its free demo account option.
FiNMAX clients can make use of the vast resources for trading, which includes advanced trading charts, personal account manager, and market analytics. Larger account holders have the convenience of trading with signals or use social trading platforms to copy trades from successful traders. The broker also provides market analysis, trading news, webinars, strategy, and VIP trader education. FiNMAX has one of the best trader-oriented resources, which can provide a highly beneficial platform for binary options traders.
There is a drastic amount of confusion surrounding regulatory status. Reduced number of binary options assets.
Yes, traders can download dedicated FiNMAX apps for iOS and Android devices.
FiNMAX offers support through live chat, phone numbers, emails, and Skype address. The customer service channel is only available for 14 hours a day and 5 days a week.