I’m into daytrading, not leaving any position open overnight, so even the standard account here works for me. I can’t say for all instruments, but on forex, gold, silver and us indices the spreads are better than the standard in the industry, which was a bit surprising knowing that this is a basic account type
Holding positions overnight used to kill my profits with bad swaps, but not anymore cuz now I’m trading on an ultra low account. It doesn’t charge any swaps on FX pairs. No need to check the rate, I just open a position and that’s it.
its not bad at trading, I've had some people on reddit recommend this to me, and I guess they were right. For long-term investing I'm not sure if this one is better than ibkr or not, because I dont have 10k$, and cant even try investing here. But for traidng it works well for me, and ofc the safety factor is good, and that is massive in the CFD space.
I started trading last year,it was the time in summer when gold started rising even more compared to the previous months...first,i tested my setups on demo, then got the standard account, has been quite active tbh, I liked the process.And I liked it's secure, and liked they introduced this cashback stuff - though I didn't trade huge volumes but getting cashback starting from 3 lots was encouraging
Not reall y a fan of trading and doing my analysis anywhere besides MT5. I used to do my analysis on TV and trade on MT5 but I just grew tired from swtiching, now xm has new platform where I can do both with better graphs.. still on mt5, but seriously considering trading on their own platform.
Trading nasdaq lately is pretty hard. Price action feels a bit random inside the day on a 5 minute or a 1 minute chart. That's why I decided to switch to trading GOLD, and honestly, the charts for that asset are looking much better. Plus, the fees are more stable, and the spreads don’t fluctuate as much compared to the Nasdaq during the NY session.
there was an event going on when I opened an acc, thats why i choose standard because apparently you cant participate in events with ultra low. and then i got some nice rewards, adn when it ended i am here with standard account. not that bad to be honest, though the spreads are not ideally tight. still its a fair account, 4 stars will fit.
They launched a new bonus camp]aign and I can say required minimum lots per week are doable.
And I reached 5 lots and got a bonus of $200, bonus size could be bigger.
Been trading eurusd on the standard acc,it's been steady. Heard about their deposit bonus promotion
Not sure if it's till the end of month only...sounds like a lot to me
3 years of hard battles I have been through....with the xm broker it has been not so tough tho...
what helped me a lot were low costs here....very thin spreads and low overnight charging rates...
I have both ultra low accnt for cfd tradinng and shares accnt for real shares - keep portfolio like investment, long term one....
cool tv charts make things easier too - great broker, solid service
I relied on intuition alone. Guess what results I achieved? I blew my entire deposit...
I had to follow structures... Now I read XM market insights before opening any trade to get the bigger picture.
you know, xm will suit all, whether you are a long term trader or short term trader...
for short term ultra low account is the best choice for sure for low spreads, for long term standard is enough.
But at the same time you can build a portfolio out of real stocks - you have for that shares account - wide pool of stock selection, global stocks. I have in my portfolio apple , nvidia and google
I had a good impression about this broker. They didn’t let me down from the beginning, offering a cost effective ultra low account and not requiring too much paperwork or long account setups.
I think it’s better to open both ultra low and standard account to get the most out of them. Ultra low essentially has very tight trading fees, spreads are less than 1 pips with zero commissions. Whereas the standard account has pretty average fees, spreads sometimes are even wider compared to others. However, it’s possible to get advantage of regular promos that are rly beneficial.
I had a positive experience with the broker, tho would prefer to see a complete integration of tradingview. Some features of the web platform are not available, like chart replay or custom indicators.
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