- XM’s all bonus promotions
- What is XM, and their service conditions?
- Trading Info
- MT4 the most popular trading platform
XM’s all bonus promotions
One of the largest online Forex & CFD brokers with MT4 and MT5 trading platforms, XM has variety of bonuses offered for its traders.
The available promotions are different depending on the jurisdiction you are under, and you may not see some of them when you visit XM Official Website.
So what promotions are currently run by XM?
There are mainly the following 4 promotions.
The first one is 30 USD No Deposit Bonus.
With the promotion, you can receive 30 USD for free (or equivalent amount in other currencies) and start trading with XM without risking your own funds.
It is the ultimate risk-free promotion which gives you a chance to experience XM’s trading conditions before making a deposit.
When you make a deposit, you may want to receive 50% and 20% Deposit Bonuses.
With the deposit bonus promotion, you can earn extra margin in your real accounts and boost your trading.
For all verified traders, Loyalty Program can reward even more.
The XM’s loyalty program rewards traders points for trading, then traders can exchange the points for cash rewards or bonus.
The more you trade, the more you earn the points.
Occasionally, XM runs NFP contest which you simply predict the price of the upcoming number of US NFP (Non-Farm Payrolls) and the participant who predicted the closest price will win the prize.
Note that the above promotions may not be available for traders in some jurisdictions.
To find out if you are eligible to join them or not, please visit the official website and contact support team.
What is XM, and their service conditions?
XM is an online Forex & CFD broker based in Cyprus since 2009.
The broker is licensed by multiple regulatory authorities including CySEC in Cyprus, FCA in UK and ASIC in Australia, and has great stable reputation over the years.
XM has achieved to acquire over 1,500,000 clients from 196 different countries by 2019, and their processed trading volume is known to be within the 3rd largest in the world.
As a big, established and experienced broker, XM puts client funds at the top priority.
For inquiries, XM has 24/5 personal customer service with more than 30 supported languages.
With XM, you can invest in over 1,000 financial instruments which include Forex, Stocks, Commodities, Equity Indices, Precious Metals, Energies and Cryptocurrencies.
The available trading platforms are MT4 (MetaTrader4) and MT5 (MetaTrader5).
With its main NDD(Non Dealing Desk) execution, XM allows all kinds of trading activities on their trading platforms, and no withdrawal issues have been informed before.
Starting with the higher leverage 1:1000, NBP(Negative Balance Protection) is supported so traders are protected from any exceeded losses.
MT4 the most popular trading platform
The MetaTrader4 terminal implies a universal platform allowing to actively operate at the Forex market concluding trading transactions related to currency, futures and CFD contracts purchase and sale.
This software program enables to implement technical analysis of traded instruments instantly, trade manually or automatically.
The trading platform interface is intuitively understandable, which allows to get to know all its settings and work functions within a short time period.
1. Charts Operation
Charts display changes of the selected financial instruments price dynamics in the real time mode.
Charts are necessary for performing a technical analysis, trading by means of advisors and their optimization, testing trading systems and strategies.
It is up to a trader what color of a chart background to choose, what way of displaying a price on a chart to opt for, i.e. that of a line, bars or Japanese candlesticks, whether to put or remove a grid and period dividers, how to scroll and move charts and perform a great number of other additional settings.
2. Platform Analytical Possibilities
In order to perform a technical analysis, the trading terminal employs some very convenient and effective tools.
A set of linear tools enables to conduct a graphic analysis of any complexity by means of vertical, horizontal and trend lines, the Fibonacci levels, Gann lines and fan, trend channels and linear regression channels.
Technical and custom indicators will help a trader by analyzing particularly complicated situations at the market.
The trading terminal is initially equipped with a sufficient amount of technical indicators but one can optionally download any of those one liked in the Internet and add them to your tools.
3. Platform Trading Possibilities
The MT4 terminal provides one with a possibility of performing transactions related to buying and selling various financial instruments in a quick and convenient way.
The symbol purchase or sales order is represented by market and pending orders.
The trading terminal allows not only to open a trading position but also to control and if necessary to manage the state of transactions.
4. MT4 Automatic Trading
The trading platform enables to automate the trading process at the Forex market.
It is achieved by means of automatic trading systems represented by various advisors and experts.
These trading tools can be easily found in the Internet or developed independently using the built-in MQ4 programming language.
Trade by means of experts and advisors allows to reduce a psychological stress experienced by a trader, hand over a great deal of routine work to them by analyzing the market state as well as to simplify trading transactions management.