What Is The Best Forex Site?

Investors who are considering trading in the Forex market are especially curious about the answer to the question of which is the best forex site. To answer this question, it is necessary to investigate which is the best forex company. In our article, we will evaluate the forex companies from an objective and professional perspective and talk about which issues should be focused on the most.

What Is The Best Forex Broker?

With Forex, you can earn money by investing in foreign currency, commodities, foreign stocks, and indices through online platforms. To invest in these platforms, it is necessary to open an account with a forex company. Some important criteria should be emphasized to choose the best forex company for account opening. So what are the main criteria to consider when choosing the best forex company? Let's examine it together.

1-License Certificate

The license certificate is a valid certificate issued to forex companies by the reputable audit institutions of the countries. Forex companies must have pre-regulated standards to obtain these license documents. Some of these standards can be financial criteria such as equity structure.

Companies with license certificates stand out in providing both reliable and accurate service to their investors. Since licensed forex companies are audited periodically, they have to keep their terms of service up-to-date and by the legal framework. For this reason, the priority investors should pay attention to when choosing the best forex company is the License Certificate.

There are also illegal forex companies that we call under the stairs without a license certificate. However, for investors to legally seek their rights regarding technical malfunctions and similar problems that may occur as a result of their transactions, they should be careful about choosing forex companies with license certificates.

There are important regulators such as FSA, FCA, and CySec, which are licensed by audit institutions in foreign forex companies. Accounts opened in foreign forex companies with this license document also offer legal transactions to their customers. Therefore, the main criterion for forex company selection is the license certificate.

Click here to open an account and start forex trading immediately.

2-Deposit and Withdrawal Speed

Another important criterion in choosing the best forex site is the deposit and withdrawal transactions. After opening a Forex account, the first action to be done is to deposit a deposit into the account. With deposited deposits, trading can be made using leverage rates, so forex brokers need to offer more than one bank account option to their investors for deposit and withdrawal transactions.

To start investing, forex brokers must also have a fast deposit speed. Customers who are continuing their current transaction but want to add a deposit to their account due to the margin shortage want their transactions to be carried out very quickly in order not to stop out. For this reason, when it comes to depositing money, forex companies need to make transactions as fast as possible, even within minutes.

While the deposit process is important when choosing the best forex site, the withdrawal process must be performed quickly with the same importance. Especially in the research of the most reliable forex firm, it is examined how fast brokers pay their customers. If the company does not want to give your profit or makes you wait for withdrawal, you need to reconsider the decision to work with this company.

3-Leverage Ratios

Leverage ratios, which allow transactions with a higher volume than the investment amount, vary by country and company.Trading volume is taken into account when calculating Forex profit and loss.

Since leverage ratios determine the trading volume, this directly affects the profit and loss at the end of the transaction. Therefore, it is necessary to use a high leverage ratio when opening transactions with high-profit expectations.

Leverage rates can increase up to 1: 3000 in foreign forex companies. High leverage ratios can provide investors with high profits as well as high loss risk. For this reason, it is necessary to be careful about the leverage ratio in the selection of the best forex site.

4-Spread

The difference between the bid and ask price of a financial instrument is called a spread. The spread rate is determined by forex brokers by performing cost analysis. Many forex companies offer their investors the prices they receive from abroad with the application we call STP.

The expansion of the STP study, on the other hand, represents companies that reflect the prices they receive from foreign banks to their customers and do not have a market risk by opening counter positions, ie that do not have a market maker feature. For this reason, these companies can offer their customers a spread rate within the prices they receive.

Market makers, which we call ECN, set prices at their dealing desk. For this reason, it can offer its investors a very low or even 0 (zero) spread. However, it earns income by deducting a separate commission from each transaction made by the investor.

In the Forex market, when investors enter a position, they start trading with negative as much as the spread rate. The lower the spread rates, the more likely the investor to make a profit. For this reason, brokers with the lowest spreads should be preferred in the selection of the best forex firm.

5-Training and Analysis Support

Training and analysis support becomes very important, especially for new investors starting to trade in the forex market. Free forex training, which can be requested from the company during the account opening phase, and basic, intermediate, and advanced level training can be given by customer representatives. If you wish, the training process is managed in the office environment or by contacting on the phone via a remote connection to your computer.

Since the training is given on free demo accounts, it is possible to practice a lot before starting to invest in a real account. In this way, there is a chance to gain maximum profit from forex transactions. Besides training, forex analysis also plays an important role in the selection of companies.

For investors who want to receive daily or weekly information about technical analysis and fundamental analysis, analysis sharing by phone or mail is very effective. Taking advantage of forex analysis before deciding to buy and sell in pairs prevents entering the wrong position. For this reason, it becomes important to start investing in companies that offer free training and analysis support.

Click here to open an account and start forex trading immediately.

6-Customer Service

Forex market offers its investors the opportunity to make online transactions 24 hours a day, every weekday. Providing customer support within this transaction period becomes very important for investors who want to reach the company. Timely access to the company for both forex analysis and deposit and withdrawal transactions makes it one step ahead of other companies.

Forex transactions are carried out very quickly and safely through customer representatives who are specialized in the sector by developing themselves and who can communicate professionally and well. For this reason, when choosing the best forex site, it is recommended to choose among those whose customer support is fast and quality. Especially, a forex firm that can be reached 24 hours a day on weekdays, when the market is open, stands out among its competitors.

Summary

To answer the question of "Which is the best forex site", if we summarize the above-mentioned titles one by one;

Forex companies with License Certificate-License certificate should be preferred.

Deposit and Withdrawal Speed - Forex companies with high deposit and withdrawal speeds should be preferred.

Leverage Ratios - Forex companies that offer a leverage ratio suitable for their investment strategy and personal risk profile should be preferred.

Forex companies with a low spread- Spread ratio should be preferred.

Training and Analysis Support - Forex companies that offer free training and analysis support should be preferred.

Customer Service - We can say that forex companies that can be reached 24 hours a day on weekdays and offer expert customer service should be preferred.

If you specify the companies that meet the above-mentioned characteristics in the comments section among the institutions you work with, it will be a good example for the question of "which is the best forex company" especially for investors who are just starting in the forex market.

Click here to open an account and start forex trading immediately.

Tickmill Forex Review

Regulation             : FSA SC, FCA UK, CySEC, LFSA, FSCA

Establishment       : 2015

Official site            : www.tickmill.com/

Spread                   : Spreads starting at 0.0 pips

Leverage               : 1: 500

Country                 : UK

Platform                : MT4 and WebTrader

Address                 : 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles

Min.Deposit          : $ 100

 Click here to open an account and start forex trading immediately.

Tickmill limited company is a forex investment company affiliated with the Tickmill Group and was established in 2015. It offers its investors trading in forex, overseas stocks, indices and precious metals in more than 200 countries. Tickmill, which has the relevant licenses issued by the regulators, stands out with its fast trading platform and 1: 500 leverage ratio.

Tickmill Regulations

License documents belonging to Tickmill, issued by audit firms;

• Tickmill Ltd is licensed by the Seychelles Financial Services Authority (FSA). Corresponding license number: SD008
• Tickmill UK Ltd company with Financial Conduct Authority (FCA) license, license number: 717270
• Tickmill Europe Ltd is licensed by the Cyprus Securities and Exchange Commission (CySEC). License number: 278/15
• Tickmill Asia Ltd company is licensed by the Labuan Financial Services Authority (Labuan FSA). License number: MB / 18/0028
• Tickmill South Africa (Pty) Ltd is licensed by the Financial Sector Conduct Authority (FSCA). License number: FSP 49464

Tickmill Account Types

 

Tickmill offers its investors 3 account types: Pro, Classic and Vip. Spread rates, minimum deposit amount and commission rates vary according to account types. Investors can start trading quickly by choosing the most suitable account type for them. 

For customers who are new to Forex trading, trial accounts called demo are also offered free of charge. If they wish, investors have the opportunity to learn forex and test the company thanks to free demo accounts. In this way, it can perform more profitable and secure transactions.

 

• Pro Account - $ 100 initial margin, leverage up to 1: 500 and spreads starting from 0.0 pips, 2-4 $ / EUR commission per lot.
• Classic Account - $ 100 initial margin, leverage up to 1: 500 and spreads starting at 1.6 pips. There is no commission.
• Vip Account - Minimum balance of $ 50,000, leverage up to 1: 500 and spreads starting from 0.0 pips, 1-2 $ / EUR commission per lot.
• Swap-Free Account - Optionally, swap-free accounts can be defined for all Pro, Classic and Vip account types.

Tickmill Spread Rates

 

Tickmill provides a highly competitive service to its investors with spreads starting from 0.0 pips. Spread rates in parities vary according to the types of accounts they offer. It is possible to trade with raw spreads starting from 0 pips in Pro and Vip account types. However, a certain commission must be paid in these accounts. In the classic account type, it is possible to trade with low spreads without paying any commission.

 

Tickmill Leverage Ratio

Tickmill offers a maximum leverage of 1: 500 on all account types. Leverage rates differ on product basis. For example; While the leverage ratio is maximum 1: 500 in Eurusd parity, it is 1:20 in the usdtry parity, 1: 100 in Brent oil and 1: 500 in the below. Investors can use lower leverage rates when trading.

 

Tickmill Trading Platforms

With the Mt4 and Webtrader trading platform, it is possible to perform forex transactions from all over the world. Tickmill does not offer a platform other than these platforms. However, the fact that the relevant platforms can be used online and mobile is sufficient for investors to trade safely.

 

Tickmill Trading Hours

In Forex trading, there are 4 different stock market sessions, Sydney, Tokyo, London and New York. The trading hours of stock exchange-based products such as overseas stocks and indices may differ according to the opening and closing hours of the relevant country. Therefore, it is possible to find an open session and product on the forex platforms 24 hours a day, every weekday.

 

Tickmill Deals and Bonuses

Tickmill currently gives you the chance to win 4 different bonuses. Investors can choose the most attractive one among each bonus campaign subject to certain conditions.

 

• Trader of the Month - Selects one person each month from among real account holders and gives a bonus of up to $ 1000. During the elections, an overall assessment of not only the highest profits but also how much risk investors take and manage their risk is made.

• Non-Farm Employment time rate estimation (Tickmill's NFP Machine) - Before the release of Non-Agricultural Employment data, a price estimation of a determined parity is made and a bonus is given to the nearest estimate. The closest guess can earn $ 200, while the one-to-one guess can earn $ 500.

• Welcome Bonus - New real account customers are given a $ 30 trading bonus. Moreover, there is no requirement to deposit any initial deposit in order to win this bonus. Profits obtained by trading with the relevant bonus can be withdrawn.

• Rebate Promotion - Thanks to the newly launched refund campaign, investors get refunds as they make transactions. Traders who trade with a minimum initial deposit of $ 100 can earn a bonus of $ 0.25 to $ 0.75 per lot.

 

 

Tickmill Deposit and Withdrawal Transactions

 

Tickmill offers its users multiple alternatives for forex deposits and withdrawals. Thanks to online transactions using these alternatives, a minimum of $ 100 can be deposited into the forex account and a minimum of $ 25 can be withdrawn.

Money transfer is possible with Bank Transfer, Visa Mastercard, Skrill, Neteller, Sticpay, Fasapay, Union Pay, Nganluong.vn, Qiwi and Web Money. Investors can choose from these options and make deposits and withdrawals within one business day without paying any commission.

 

Tickmill Customer Support

It offers customer support to its investors between 07:00 and 16:00 on weekdays. In addition, company officials can be reached via e-mail and live-chat.

e-mail: support@tickmill.com

Phone: +852 5808 2921

 

Is Tickmill Safe?

 

The British-based company, which has been operating since 2015, is audited by 5 separate regulators. In this way, it becomes one of the reliable forex companies for investors. It also gains the satisfaction of the users thanks to its fast and alternative options in depositing and withdrawing money.

 

Tickmill Account Opening Transactions

In order to open a real account and start transactions, it is necessary to register on the company's website. After the personal information is entered during the registration process, country customer support can be provided by choosing your country from the language option for communication. 

If you want to make transactions on demo accounts before opening a real account, it is also possible to open a free demo account on the site. Especially for investors who are new to forex trading, trading in trial accounts becomes important in terms of learning the risks and subtleties of these markets.

 

Summary 

With its low spread and 1: 500 leverage ratio, Tickmill continues to offer attractive service to its investors. It allows you to stand out from other forex companies in multiple bonuses and campaigns. It is a licensed company that is audited regularly and offers a safe service with smooth deposits and withdrawals.

• Security                         - Regulated by FSA SC, FCA UK, CySEC, LFSA, FSCA.
• Platform                        - MT4 and Webtrader platforms
• Deposits / Withdrawals - Bank Transfer, Visa Mastercard, Skrill, Neteller, Sticpay, Fasapay, Union Pay, Nganluong.vn, Qiwi and Web Money.
• Customer support         - In weekdays
• Bonus                             -Offers a wide variety of advantageous bonuses / promotions.

PROS	CONS
Low Spread Rates High leverage Fast and hassle-free deposits and withdrawals Multiple bonuses and offers	No Mt5 platform A minimum deposit of $ 100 is required

 

 Click here to open an account and start forex trading immediately.

AvaTrade Review Pros and Cons

Regulation                     : CBI, B.V.I FSC, ASIC, FSCA, FSA and FFAJ, FRSA

Year of Establishment   : 2006

Spread                           : 0.9 pips (EURUSD)

Customer Support         : English, French, Italian, German, Portuguese, Russian, Japanese, Chinese, Arabic, Greek

Leverage                       : 1: 400

Country                         : Ireland

Platform                        : ActTrader, MT4, MT5, AvatradeGo, AvaOptions, Webtrading, Proprietary, Zulutrade, Mactrading

Address                        : Five Lamps Place, 77-80 Amiens Street, Dublin 1, DO1A742 Ireland

Min.Deposit                 : $ 100

Open a Demo Account Here

Open a Live Account Here

 

Avatrade is one of the oldest and most respected investment firms offering online trading among forex brokers. Established in 2006 in Dublin, Avatrade has 6 offices in Europe, Abu Dhabi, Japan, Australia, South Africa and the British Virgin Islands. In this way, it accepts customers from all over the world and in many currencies.

Offering transactions in Forex, CFD and crypto money market, Avatrade also holds a strong place in regulation, which is very important for the reliability of companies.

 

• CBI issued by the Central Bank in Europe, has license number C53877.
• Has a license of ASIC in Australia. The language number is 406684.
• It has license number 1662 issued by FSA and license number 1574 issued by FFAJ in Japan.
• It has FSB license in South Africa. License number 45984.
• FRSA license in Abu Dhabi,
• B.V.I has FSC license in British Virgin Island.

 

 

Avatrade Account Types

 

With Avatrade, you can trade in many investment instruments such as stocks, indices, foreign exchange, commodities, crypto money. It offers 4 types of accounts: Retail, Professional, Options, Spread betting. There is also a type of Islamic account for those who want to make transactions as a swap-free account without paying interest. The minimum amount to be deposited in the account and the spread rates differ according to the types of accounts.

 

Avatrade Spread Rates

 

In Avatrade forex transactions, spread rates vary according to the type of account. For example, while the EURUSD spread rate is 0.9 pips in the Retail account type, the EURUSD spread rate is 0.6 pips in the professional account type.

 

Avatrade Leverage Ratio

 

Avatrade offers its investors the opportunity to trade with maximum leverage. Thanks to its high leverage ratio, investors have the opportunity to earn high profits. Since there is a regulation on leverage in every country, you can learn the current and approved leverage rates of the company you intend to work with on the website. The current leverage ratio for Avatrade is set at 1: 400 for Professional accounts and 1:30 for retail accounts.

 

Avatrade Trading Platforms

 

Avatrade has created its own trading platform with its proprietary Avatrade (ACT) software, as well as the most traded MT4 and MT5 platforms all over the world. In addition to these platforms, it is also compatible with other trading platforms such as Mirror trader, Proprietary, Zulutrader. 

You can easily use these platforms by downloading applications from the computer, via the web or via mobile phones and tablets. In April 2013, Avatrade launched the AvaOptions trading platform, which enables its clients to buy and sell FX Vanilla Options. In August 2013, as the second forex broker offering online bitcoin trading, it started trading bitcoin with CFDs on both Avatrader and MT4 platforms.

 

Avatrade Trading Hours

 

You can perform Forex transactions 24 hours a day, every weekday. The trading hours for foreign stocks and indexes vary according to the opening and closing hours of the relevant country. The opening and closing times of the Avatrade trading platforms are Sunday 21:00 GMT, Friday 21:00 GMT. determined as.

 

Avatrade Campaigns and Bonuses

 

In forex transactions of Avatrad, there is no active bonus campaign for now, but it offers attractive campaigns and bonuses in some periods depending on its geographical location. Up-to-date and detailed information can be obtained from the website of the country it is affiliated with.

 

Avatrade Deposits and Withdrawals

 

Avatrade offers its customers a variety of deposit options. Investors can instantly deposit money into their real accounts through online services such as credit cards (VISA; Mastercard, debit), Wire Transfer, Paypall, Skrill, Neteller and WebMoney.

 

Withdrawals are carried out very quickly and securely, just like deposits. Withdrawal requests submitted through the same online services are forwarded to you after passing the necessary checks.

 

The fastest money withdrawal request is with Ava Debit Mastercard, which customers who open a real account can apply. The same day for E-wallet transactions, max.5 working days for credit card and debit card transactions, max.10 working days by bank transfer (Wire Transfer). shooting requests are carried out.

 

Avatrade Customer Support

 

Avatrade offers customer service support to its investors in multiple ways. You can communicate via Live chat, e-mail, FAQ page, social media accounts, fax or telephone, which you can access on the website. 

Telephone support is available in many languages ​​and countries around the world, including 21 different countries in Europe, 2 countries in Africa, 6 countries in Asia, 4 countries in South America, 2 countries in the Middle East and Australia.

 

Is Avatrade Reliable?

 

The reliability of an overseas forex firm can be understood by first looking at its licenses after being inspected. Avatrade has been licensed by the relevant institutions in many countries. Hence it is a reliable firm licensed to offer trades. Investors trading at licensed companies have legal rights in the context of the contracts approved during account opening, when they have any problems with the company.

 

Another reliability criterion is the fast and accurate execution of deposits and withdrawals. Avatrade offers its investors more than one deposit and withdrawal options, providing the fastest service.

 

In addition, services such as the speed of online platforms, customer support, analysis and training support are evaluated in terms of reliability. By successfully performing these services in Avatrade, it has been among the leading institutions of the market for years.

 

Avatrade Account Opening Transactions

 

Demo accounts, which offer the opportunity to try themselves, are opened for free for investors who will start trading with Avatrade. You can also apply for a real account by filling out the online registration form that includes your address, identity and contact information on the company's website.

 

By providing the necessary controls based on the filled form, you will be contacted by customer representatives by phone or in writing to your e-mail address. You can also upload a copy of your identity card and an invoice registered in your name to the system online.

 

After the real account has been opened, you can instantly deposit money to the bank addresses to which the company is connected, via credit card or other payment methods and start trading in many instruments such as forex, cfd, viop, crypto money.

 

Standard accounts can be opened with credit cards for as little as $ 100 or by depositing $ 500 via bank transfer.

 

Summary

 Avatrade is a strong and reputable investment institution, which has licenses issued by audit firms, offers its investors many platforms and customer support in different languages, and is highly preferred thanks to its fast deposit and withdrawal transactions, and has managed to receive positive comments from many customers by providing uninterrupted transactions since 2006. In summary, if we look at Avatrade's remarkable services;

 

Security    - CBI has valid licenses such as B.V.I FSC, ASIC, FSCA, FSA and FFAJ, FRSA.

Platform   - ActTrader offers many platforms such as MT4, MT5, Proprietary, Zulutrade.

Deposit / Withdrawal - Online deposits and withdrawals are carried out quickly through the website.

Customer support - Provides customer support in many countries and languages.

Bonus     - It offers various campaigns and bonuses varying by country from time to time.

Pros	Cons
Low Spread Rates Fast and Free Deposits and Withdrawals Control by Multiple Regulators Fast and Transparent Platform	Unable to open real account below $ 100

Open a Demo Account Here

Open a Live Account Here

XM Forex Review

Explore the XM Forex Review on fxbasket.blogspot.com. Uncover insights into XM's offerings, performance, and user experience. From key features to potential drawbacks, this review provides a comprehensive overview to aid informed decision-making.

Regulation: ASIC, CySEC, IFSC

Establishment: 2009

Spread: 0.6 pips (EURUSD)

Bonus: Yes

Leverage: 1: 888

Country: Cyprus, Belize, Australia

Platform: MT4, MT5, Webtrader

Address: No.5 Cork Street, Belize City, Belize, C.A.

Min.Deposit: 5 $

 Click here to open an account and start forex trading immediately.

XM Forex- Review

XM Forex (Xm Group) was established in 2009 and is a large global forex company with more than 3,500,000 customers, currently offering transactions in 196 countries. It provides more than 30 language support to its investors with 5/24 customer support.

It is one of the leading forex brokers in the market with 8 awards in many categories such as "Best FX Broker", "Most Transparent Broker" and "Most Reliable Broker" in 2020.

 There are 3 different licenses owned by Xm Group. Trading Point of Financial Instruments Ltd. in Cyprus. Company is registered under CYSEC (Cyprus Securities and Exchange Commission) with license number 120/10. 

Trading Point of Financial Instruments Pty Ltd., the second license of which is in Australia. It is a license under ASIC (Australian Securities and Investments Commission) owned by the company with the number 443670. 

The third and last license is IFSC (International Financial Services Commission) owned by XM Global Limited in Belize with the number 000261/106.

XM Account Types

Xm offers 3 different account types to forex traders. These are; 'Micro account, Standard Account and XM Ultra Low Account'.

 

• Micro Account: By depositing min.5 USD in a micro account, an account can be opened and transactions can be opened in 1:888 leverage ratio. In a micro account, the contract size is 1 lot: 1000 units. In other words, orders can be placed with a much smaller transaction volume than other accounts.

 

• Standart Account: With the standard account, you can start the transaction by depositing min.5 USD and perform 888 fold transactions. In the standard account, the contract size is 1 lot: 100,000 units.

 

• Ultra Low Account: In the Xm Ultra Low account, an account can be opened with a minimum of 50 USD and 888 times of transactions can be made. Contract size is again 100,000 units.

 

Account Type	Min.Deposit	Max.Leverage  (5-20,000 usd)	Spread  (EURUSD)	Spread (GOLD)
MİCRO	$5,00	888	1	3.0 pips
STANDARD	$5,00	888	1	3.0 pips
ULTRA LOW	$50,00	888	0,6	2.0 pips

XM Spread Rates

 

While the average EURUSD spread rate in Micro and standard account is 1 pips, in Ultra Low account the EURUSD spread rate can go down to 0.6 pips.

 

Account Type	EURUSD	USDTRY	ALTIN
Micro	1.0 pips	60.0 pips	3.0 pips
Standard	1.0 pips	60.0 pips	3.0 pips
Ultra Low	0,6 pips	43.1 pips	2.0 pips

 

XM Leverage Ratio

 The minimum investment amount for trading on XM Forex is $ 5 and the leverage ratio is 1: 888. In this way, with the minimum amount deposited in the account, it is possible to make a high amount of transactions such as 888 times. In all platforms MT4, MT5 and WebTrader, service is provided with minimum spread and maximum leverage rates.

 

XM Trading Platforms

You can trade at any time in the market, which is open 24 hours a day, 5 days a week.

Xm Forex offers its users 3 platforms: MT4 (Meta Trader4), MT5 (Meta Trader 5) and WebTrader.

You can start using MT4 and MT5 platforms by installing them on your PC, MAC, iPhone / Android phone or tablet.

Thanks to Webtrader, you can perform online transactions on the website without the need to install any application.

 

XM Forex Campaign and Bonuses

 

1. Xm forex offers new customers a 30 $ trading bonus campaign. You do not need to deposit a separate deposit for this bonus given by opening a new account. The bonus amount cannot be withdrawn, but the profits you make by trading can be withdrawn.
2. It offers the opportunity to qualify for a 50% bonus for deposits up to $ 500 and a 20% bonus for deposits up to $ 4500. 
3. It offers zero commission for deposit and withdrawal transactions. Deposits and withdrawals with Neteller, Moneybookers and all major credit cards (VISA, VISA Electron, MasterCard, Maestro and China UnionPay) are processed without commission. Again, if the amount withdrawn in international bank transfer (SWIFT, wire transfer) withdrawals is $ 200 or more, transactions can be made with zero commission. 
4. Bring Your Friend Bonus-XM forex offers a bonus service up to $ 25 per lot in this reference customer referrals.

 

XM Forex Deposits and Withdrawals

 You can deposit and withdraw funds to your XM forex real account using Neteller, Moneybookers and all major credit cards (VISA, VISA Electron, MasterCard, Maestro and China UnionPay) without paying any commission. In addition, you can withdraw money from your account by international bank transfer (SWIFT, wire transfer) method and you do not pay any commission if the amount you withdraw is $ 200 or more.

 

XM Customer Support

 XM offers customer support in nearly 30 languages ​​to forex customers. However, customers who want to communicate can get support with the help of google translate by writing either from their e-mail address or via live chat.

 

Online Support	Phone	Adress
support@xm.com	501 223-6696	No.5 Cork Street, Belize City, Belize, C.A.

Is XM Reliable?

 The most important feature that determines reliability among Forex brokers is whether or not they are audited by audit firms. XM Forex has licenses in 3 different countries (CYSEC, ASIC and IFSC) and is audited by these institutions. 

Another security feature is the transparent and fast transaction platform, customer support in nearly 30 languages, providing the best support service by publishing daily analysis and reports. 

Likewise, fast deposit and withdrawal is an important criterion. If you want to withdraw money with Neteller, Moneybookers and all major credit cards, you can make a transaction within 2 days, or instantly if you request a bank transfer.

XM Forex Account Opening Transactions

 It is possible to open an account quickly on Xm Forex's website. When you click the Open an Account title, you are asked to fill in the registration information first. Once you have filled in your identity and contact information correctly, you are going to the approval stage by uploading an invoice (electricity, water, natural gas, telephone) belonging to your name that is identical to your identity document and address. The relevant registration transactions are checked and approved by the company within a few hours, and you can start trading immediately by depositing money.

 

Summary

 XM forex offers its investors a safe and effective forex service with bonuses and campaigns, free deposit and withdrawal, the opportunity to invest in more than 1000 instruments and a fast trading platform.

• Security- Audited by 3 reputable regulators such as ASIC, CySEC and IFSC.

• Platform- It has the most used trading platforms in the world. Webtrader that provides online access to MT4, MT5 and trading platform without installing applications.

• Deposits / Withdrawals- Neteller offers commission free deposits and withdrawals using Moneybookers and all major credit cards (VISA, VISA Electron, MasterCard, Maestro and China UnionPay).

• Bonus- It offers its investors a large amount of bonuses and campaigns without any conditions.

PLUS CONS

PLUS	CONS
Attractive Bonuses and Campaigns Low Spread Rates Fast and Free Deposits and Withdrawals Supervision by 3 different Regulators Fast and Transparent Platform	Inactivity Fee (monthly 5 $ commission fee if no action is taken for 3 months

 Click here to open an account and start forex trading immediately.