XeMarkets (former Trading Point) Review – xm.com review
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The XeMarkets (former Trading Point) is officially a certified forex broker controlled by Cyprus Securities and Exchange Commission. The XeMarkets (former Trading Point) amasses with European Marketplaces in Fiscal Instruments Devices as well as under Cypriot Speculation Services & Activities as well as Regulated Marketplaces Law of year 2007. This broker is listed with FSA (United Kingdom) and BaFin (Germany).
The operating fiscal services to forex marketplace in one hundred & seventy nine countries as well as seven languages including Japanese, English, Russian, Chinese, Greek, Spanish and Arabic. The XeMarkets is of a small number of brokers that provide a clean trading in conditions of the market implementation. The firm holds nix re-quotes on client orders that’s an important cause for the investors for trade through the platform of XeMarkets .
Online reviews and online comments for such broker are very positive, not just because of market implementation policy; however, accounts management with the experienced and professional managers of forex account.You can read more in Xemarkets Review.
The XeMarkets (former Trading Point) as well has no least deposit need on the real accounts that is the another main attraction to platform. Broker stands with confidence, allowing beginners to make introduction themselves to the forex trading online with minimum primary risk and investment.
Three major kinds of the accounts are provided at the XeMarkets (former Trading Point) as well as to Non Expiring MetaTrad4 Demo account that are extended with the existing and new clients with practical balance of 100,000 US$.
Daily reports of fundamental analysis covering all three main trading conferences, which available to whole members, both with the material of forex education as well as the fundamental offering of firm in forex as well as in the future market.
The XeMarkets (former Trading Point) that is authorized and regulated by following associations and commissions:-
1. Fiscal Services Authority, United Kingdom
2. Cyprus Securities & Exchange Commission
3. BaFin Germany
XeMarkets (former Trading Point) MetaTrade4
The XeMarkets (former Trading Point) provides the MetaTrade4 for together real account and demo account trading. So, there’re no restrictions for duration the trader may use MT4 demo version. A fundamental balance of 100,000 US$ fundamental balance is provided that may be refilled by technical team of broker on request, therefore the investor may simulate or else practice the actual account trading.
XeMarkets (former Trading Point) Accounts
There’re 3 kinds of MetaTrade4 accounts provided at the XeMarkets (former Trading Point):-
1. Micro – Maximal Deposit – 3,000US$
2. Standard – •Maximal Deposit 100.000US$
3. Executive – No Limitations•
All types of account are well treated with similar policy different from the other brokers: like XeMarkets (former Trading Point) that doesn’t discriminate against the account type as well as the offerings terms. All account owners enjoy the similar benefits that include personal account mgr. 24/5 client support services, access of dealing desk, telephone trading as well as three reports of daily fx market.
Policy of No Re-quote
The XeMarkets (former Trading Point) (TP) has the policy of No re-quote on the client orders that’s a key benefit of dealing on platform.
Spreads of XeMarkets (former Trading Point)
The spreads on the XeMarkets (former Trading Point) (TP) are as less as one pip as well as are averaged at one point nine pips on the EUR/USD with the spreads group to changeable by default same to interbank market.
Leverage XeMarkets (former Trading Point)
The leverage on a XeMarkets (former Trading Point) (TP) Accounts may be chosen by trader like offerings by broker range that is from 1:1 to 500:1 on the Micro Account, the leverage ratio 1:1 to 1:200 on the Standard Accounts as well as 1:1 to 1:100 on the Executive Accounts.
Bonuses of Forex
The XeMarkets (former Trading Point) at present provides a twenty percent bonus with the maximal ceiling bonus set amount at 2000US$ for the initial deposit of each new account created. In addition, the broker provides the loyalty bonus system that is too much same to the pip rebate system for the returning clients.
The XeMarkets (former Trading Point) (TP) accepts the deposits as well as withdrawals via all main Credit Cards and Visa Card, Solo, Visa Electron, Switch & Maestro. In conditions of the electronic wallets, the XeMarkets (former Trading Point) (TP) accepts MoneyBookers, and Neteller additionally to the Wire Transfers.
Platforms of Trading
XeMarkets (former Trading Point) (TP) brokers provides following platforms: Webtrader, Android, MetaTrader4, iPhone, iPad, MAM and Blackberry.