How to Select Online Broker

Online broker regulation is the most sought after qualification by traders when it comes to choosing an online XAUUSD and broker to open a trading account with. How to Choose a Gold - Broker Regulation is what makes an online broker to be regarded as a reliable broker, In XM Group, this online Gold & broker group is regulated and licensed Three countries: Cyprus, Australia and Belize. XM Group regulation licenses are illustrated below and any other additional regulation info can be found on XM Regulation Webpage.

XM Online Broker Group (XM) is a group of regulated brokers. Trading Point of Financial Instruments Limited was founded in the year 2009 and is regulated by Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Limited was founded in 2015 and is regulated by Australian Securities & Investments Commission (ASIC 443670) & XM Global Limited was founded in 2017 & is regulated by Financial Services Commission (FSC000261/158).

XM Address List:

AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia

CY: 12 Richard and Verengaria St, Araouzos Castle Court, Third Flr, 3042 Limassol, Cyprus

BZ: Suite 404, The Matalon, Coney Avenue, Belize City, Belize

XM GROUP - Regulation and Licenses - Trade Online Broker Review

1. Cyprus

Regulated by Cyprus Security and Exchange Commission, its Registration Number is - CySEC 120/10.

2. Australia

Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities and Investments Commission)

3. Belize

Regulated in Belize by FSC (FSC000261/158)

XM is devoted to full transparency when it comes to Online trading and this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it is registered & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.

Real Time Market Execution of Orders

No-Re quotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution technique. XM has 100 percent% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Re quotes Policy).

Account Types

Micro Trading Account

Standard Trading Account

XM Zero Trading Account/XM Ultra Low Account

*The Trading Accounts availability depends on client's country of residency.

MICRO trading account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5.

The STANDARD account allows you to operate with standard lots & it has minimum initial deposit of $5 dollars.

XM ZERO account allows you to trade with standard lots, lower spread beginning at 0 pips & it has minimum initial deposit of $5. XM ZERO trading account has a $3.5 dollars commission per every $100,000 dollars transacted. Finally, XM ULTRA LOW trading account allows you as a gold trader to trade either with micro lots or standard contracts, lower spread beginning from 0.6 pips and it has minimum initial deposit of $5.

Islamic Trading Accounts

Islamic trading accounts are swap-free, meaning there is no paying/receiving of interest. This account is designed for the traders searching for Islamic brokers.

Deposit/Withdraw Funds

Clients have a secure members area on their website once they have opened an account, in this member area or cabinet area you can deposit/withdraw your money at any time. By clicking my account & then pressing deposit button then fill the details, for withdraw just click my account & then the withdraw button key. Withdraw Requests are also processed on the same business day and receipt of funds is issued within the same day.

What Instruments are available on XM Broker

Currencies
CFD's
Equity Indices CFDs
Precious Metals - Silver and XAUUSD CFDs
Energies - Crude Oil CFDs
Online Stocks CFDs
Commodities CFDs
Cryptocurrency CFDs

Trade FX, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Stocks CFDs

Bonus on Account Deposit and Loyalty Bonus

1. Free VPS service for clients who maintain a minimum trading equity balance of US Dollars 5,000. There is No end date for the promotion:

2. $30 dollars No Deposit Bonus for beginner traders only. There is No end date for the bonus promotion:

3. Two-tier deposit bonus offers 50 % deposit bonus upto $500 & 20 percentage% bonus upto $5,000. There is No end date for the promotion:

4. XM Loyalty Bonus Program provides the traders XM Points XMP per each lot traded. These XMPs can be redeemed at any time for credit bonus that can be used for trading purposes only. No ending date for the promotion:

* Bonus and Loyalty Program are not eligible for traders registered under Trading Point of Financial Instruments Ltd.

Leverage

Maximum Leverage* is 1:888

Leverage* "This leverage isn't available to all entities of the Group. Maximum leverage for clients registered under the EU Zone regulated entity of the Group is 30:1".

No Requotes Execution Policy

No-requotes execution policy means that this online broker does not re quote the traders as this is a no dealing desk NDD online broker, the execution accesses inter bank network meaning they have a variety of liquidity providers to take up the trade orders instantly from this net-work of banks. This online broker follows a no re-quotes policy for its clients making it the broker for traders looking for a non dealing-desk online broker and a No Requotes Policy Online Broker.

Software Platforms Software Platforms

MT4 and MT5 softwares are available for PCs, MACs, Smartphones and Tablets

WebTrader Trading Software

Provides Web Platform and traders can log in online when they are away from computer & interpret the online trading markets. Web trader software can be accessed from your web browser.

Trade Practice Trading Accounts

A Demo is a free practice trading account given to beginner traders to practice trading on MetaTrader 4 and MT5 softwares: it provides full & unlimited access to the features of the MetaTrader 4 and MetaTrader 5 platforms that include trading, charting and Expert Advisors automated trading.

Registration of the practice practice trading account is meant for traders to practice XAUUSD Trade with this demo trade account. Note: Demo accounts will be closed if they are inactive for more than 90 calendar days.

Security and Reliability

XM software is designed with high standards in terms of security, privacy, reliability and integrity. Information is encrypted High Level Encryption Keys (TLS_RSA_WITH_AES_128_CBC_SHA, 128-bit keys) 128-bit keys, which means no third-party can access information, the server is secure, data is backed up in more than one location, & also uses two different server corporations located far away from each other meaning there's absolute no down-time, traders always have access to the servers & can trade any time from anywhere in the world.

XM provides transaction security by use of information encryption techniques that guarantee the security of these trades & safeguard clients' privacy through the Secure Socket Layer, SSL technology method, otherwise known as https:

HTTPS: High Level Information Encryption Keys (TLS_RSA_WITH_AES_128_CBC_SHA, 128-bit keys) Security

Company Review - Trade Online Broker Review

XM is a next generation investment firm facilitating traders from more than 190 countries around the world to trade XAUUSD, valuable metals, Gold and energies. XM broker is one of the leading brokers in the world with over 1,000,000 real accounts opened from over 190 countries.

From establishment of the company in 2009, XM has been committed to providing fair and transparent conditions for all traders irrespective of their capital net-worth networth. TradersClients get to enjoy no requotes execution available, bolstered by a strict no re quotes and no rejections policy.

Get More Courses and Lessons:

Trade Gold Trading