Xem forex trading

Xem forex trading

Posted: rooty Date of post: 08.06.2017

XM is a forex broker. XM offers the MetaTrader 5, MetaTrader 4, and Mobile global forex trading top platforms. XM offers the MetaTrader 5, MetaTrader 4 and Mobile global forex trading top platforms.

XM is not just a broker, because they don't just care about themselves. They care about their clients too. They give the best support they could, so their clients can grow too. Withdrawlas are fast enough, the local bank account deposit works for me. I would love if they had Greek stock market cfds but they don't and that's a miss.

Account manager is quite professional. Nothing bad to report. I been with a few brokers before Im staying with XM for the time being I guess. I opened an account with XM and submitted my documents for validation.

xem forex trading

This company took more than 4 days to go through my validation documents and even when they did, they said that my bank statement was not valid. You guys might not accept my bank statement and you might have your own reasons for that.

But the thing that pisses me off the most is that when I did not have any other way to provide my proof of residence because I live in Nepal where our utility bills are not given officially and are written in the Nepali Language which is not accepted by them, I decided to not register with this broker at all and requested to get a refund.

Forex & CFD Trading on Stocks, Indices, Oil, Gold by XM™

So, I sent an email to compliance. They said they would reply to me by 24 hours but I have not received a reply yet. If you want my account number, it is I'm a newbie when it comes to trading, there's an Account Manager who taught me what trading is all about when it comes to XM.

When I knew that they will be having seminar, I registered and attended last June 03, in Makati City Philippines.

Avramis delivered the presentation very well and looking forward to attend more of their seminars. Good trade execution, education wise very supportive. Trade with XM since , all well eversince. I traded with XM since Every entry and exit is executed instantly without any rejection or re quotes. With this bonus, i am able to reduce my capital for trading. This XMP points i can change it to credit as capital for trading. With this XMP points i am able trade without using my own money.

Profit I can withdraw without any tnc.

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XM have a good support teams that always help to solve client problem. I also have chance to win monthly Lucky Draw. Withdraw also fast within 24 xm working hour Because I already traded with many brokers, so as normal I know I need to withdraw back to source of deposit.

I attended their seminar last June 03, in Makati City Philippines, the seminar was very insightful in terms of doing technical analysis and can help a lot of newbie traders out there just like me. I like the fact that XM value education because FOREX is a high risk investment without knowing the basic of it and some advance strategy might lead you losing your account in just a matter of minute.

Hopefully I can attend more of their seminars.

There were occurences where spreads was as high as 7. Mind you it was not only the spread that kills, I experienced high slippage also. This is not acceptable. To all traders out there who are serious in trading, please do not commit the same mistake as me by signing up with XM thinking they are really big, fair and human.

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As you can see their representative are not owning up anything which is expected. Please do not divert away from the complaint. Obviously you did not read my complaint properly or understand it. I have been using the same strategy with two other different brokers - Pepperstone and Tickmill.

The same trades with these two brokers were closed much earlier. Obviously there were some issues with XM feed. Please refer to the following trading history with Pepperstone. Unless I get a satisfactory reply from you, I will file a complain with FCA next.

I am a serious trader that already been trade in the forex market for the past 8 years. I seldom give a review to forex broker but XM is really the worst broker that I came across. Their trading platform always have bad slippage and large spread even in their Zero spread account.

I have run the same trading strategy in other broker and doesn't have any issue. Along my trading journey with XM I has been spotted their weird pricing for several times but I still believe they are good broker, this is what that has make me regretted so much by not leaving them earlier. Anyway, here is my account login, if you think what I said is not true, have a look at my trade of EURBP on May I've pull out the log file to investigate and realized that they have quoted me a very high spread and due to this reason my EA has open a very large lot size until the account out of control.

COM-Real 20 Reply by Chris Zacharia submitted Jun 7, Dear DennisC, We have checked all your trades, which had reached stop out and there was no trade opened with a spread higher than 0. As we can see, you have been using an EA, which has opened a position the one you mentioned in your complain on EURGBP and the market moved against this trade.

Please check the settings of your EA to see why this trade was opened on the first place. This broker are lousy I am using skrill to withdraw out the money, with the amount of USD, but i only manage to get USD in my skrill account.

Forex & CFD Trading on Stocks, Indices, Oil, Gold by XM™

They claim that the remain balance will be credited by through the debit card, which normally take more than 2 working days to proceed. The reason i choose skrill is due to the processing are within 24hrs, and hence i need to wait another days back to get my fund back? Annoying with this type of withdrawal policy, i would not recommend to use this broker in future.

In some of the review below, I notice that the broker seems to ask for the method of deposit whenever there is an issue. I would assume that the broker will pay the withdrawal using the same method used in the deposit.

If that is the case, then the broker is at fault because when a trader makes a withdrawal they should show only the method used by the trader when making a deposit instead of showing all the methods.

If they show all the methods then any trader will pick one which is suitable and the broker must honor that. Additionally, what happens if the trader has deposited a few times through various methods? Seem like the broker may be using this as an excuse for not paying! I read a XM condition for making withdrawal from trading accounts.

The condition states that if any is made from the trading account, the bonus, which they so proudly speak about, will be forfeited. Why give the bonus in the first place? I am sure every trader who makes a profit will withdraw the profit from the trading account - that is the intended purpose.

Other brokers state that funds can only be withdrawn over and above the bonus amount. That is fair as they provide the bonus to top up the trading capital, margins etc. XM is not sincere in the bonus program and looks like a gimmick for pulling traders!

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