FAQs

Type keywords to find answers.

A list of the commodity CFDs available on XM MT4/MT5?

XM currently offers 8 commodities. Please refer to the below table. Commodity Symbol US Cocoa COCOA US Coffee COFFE US Corn CORN US Cotton No. 2 COTTO High Grade Copper HGCOP US Soybeans ...

Can I trade Forex, CFDs, Precious Metals in one XM MT4/MT5 account?

Yes, you can trade all financial instruments provided by XM in one account. XM offers 3 different account types which are Standard, Micro and XM Zero. And in each account, you can trade Forex currency pairs, commodities, Equity Ind...

What are A-book and B-book models of FX brokers?

It is a type of a business model of brokers. A-book A-book broker is referred as STP or ECN brokers. It is the broker who sends all the orders from traders to the real market and doesn't take a risk. B-book B-book broker is also r...

FX spread was wide like 20 - 30 pips in XM MT4/MT5. Why is that?

It is a common knowledge among traders that variable spreads provided by brokers could wide up in certain situations. The certain situations are: Important news release During political uncertainty Unexpected events/natural...

When is the trading hours of CNH(RMB) pairs on XM MT4/MT5 platforms?

The trading hours of the CNH(RMB) pairs in XM is different from the other Forex pairs. You can trade from Monday 04:35 to Friday 23:50. The time is in GMT+2.(GMT+3 in DST, summer time) *The trading hours may changed at anytime b...

What is the difference between RMB and CNH(CNY)?

RMB and CNH(CNY) refers to the exact same currency. It is the currency in China. The difference is just the way you read the currency. Of course, the Forex charts of these currencies would be also exact same. RMB for Renmin...

When is the trading hours of RUB pairs on XM MT4/MT5 platforms?

The available trading hours for the RUB pairs in XM is different from the other symbols. You can trade from Monday 09:05 to Friday 17:55. The server time is in GMT+2(GMT＋3 in DST, summer time). *The trading hours mentioned abov...

When is the FX/CFDs trading hours on XM MT4/MT5 platforms?

The trading hours of XM is from Monday 00:05 to Friday 23:50 for Forex currency pairs, except for CNH and RUB pairs. *For CNH pairs, Monday 04:35 to Friday 23:50. *For RUB pairs, Monday 09:05 to Friday 17:55. Please note that the ...

What is 'DST' in Forex market? What does it mean?

DST stands for "Daylight Saving Time" and it is also called "Summer Time". DST is for advancing clocks during summer time by one hour. Normally, Forex markets follow the DST in New York, and the time in MT4 follows GMT+3(+2). MT4 ...

Which FX pairs offer the most lowest spread on XM MT4/MT5 platforms?

Most of the times, the below 6 currency pairs record lowest spread in XM. EURUSD - 0.1 pip GBPUSD - 0.4 pip AUDUSD - 0.6 pip USDCAD - 0.7 pip USDCHF - 0.8 pip EURGBP - 0.8 pip These minimum spreads are from Standar...