Can I trade US stocks in XM?
XM does not provide services to residents of the United States of America. At XM we offer Ultra Low Micro and Ultra Low Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions.
Range of Trading Instruments
Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account. With a wide range of trading instruments available from a single multi asset platform XM makes trading easier and efficient.
At XM we offer Nasdaq Inc. (NDAQ. OQ) stocks as cash CFDs. Our cash CFDs stocks are undated transactions that aim to replicate the cash price of the underlying stock, and so they are adjusted for any relevant corporate actions.
XM does not provide services to residents of the United States of America. XM does not provide services to residents of the United States of America.
Trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and leverage from 1:1 to 1000:1. Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.
Just a quick heads up: XM focuses mainly on CFDs. Usually we don't recommend CFD products for beginners because it can be quite risky. If you'd like to stick with CFDs, you might want to take a look at our article on CFD trading tips.
🔑 Step-by-Step Guide to Redeeming the XM Broker Bonus
1️⃣ Step 1: open a real account at XM by registering a real trading account. 2️⃣Step 2: Log in to the Members Area using credentials provided via email to access your XM Members Area. 3️⃣ Step 3: Account verification is required to claim the bonus.
Yes, we allow scalping across any of our account types.
CFDs for the Nasdaq-100 are readily available and offered by many regulated brokers, such as Plus500 and AvaTrade. The trading platforms offered by these brokers are user-friendly and compatible with handheld devices as well as desktop computers.
Availability. XM Group accepts clients from all over the world, excluding USA, Canada, Israel and Iran.
How credible is XM broker?
XM has been in operation since 2009 and has gained a significant presence in the forex trading industry. With over 3.5 million clients across 196 countries, XM is one of the largest forex brokers in the world. This speaks to their credibility and reliability as a broker.
XM Broker has a generally positive reputation in the online trading industry and is considered reliable by many traders. The broker has been operating for several years and is regulated by reputable financial authorities, which adds a level of credibility to its operations.
Using the XM trading platforms, traders can trade on these financial assets: Stocks: Get a direct access to global stocks and equity markets for long-term or short-term trading strategies.
XM is a brand name of Trading Point Holdings Ltd, which owns Trading Point of Financial Instruments Pty Limited (XM Australia), XM Global Limited (XM Global) and Trading Point of Financial Instruments Ltd (XM Cyprus).
Low FX fees
XM charges a forex commmission: $3.50 commission per lot per trade on XM Zero accounts. Spread costs come on top of this, e.g. the EUR/USD spread is 0.1.
XM is a well-regulated and trusted forex and CFD broker that provides a safe and competitive trading environment suitable for most traders. XM offers advanced trading platforms, very low spreads, high leverage levels and good execution quality.
SiriusXM Lost 445,000 Self-Pay Subscribers in 2023 as It Shifts Resources to New Streaming Tier.
SiriusXM reported overall third-quarter revenue of $2.27 billion, down slightly from $2.28 billion in the year-ago period. Earnings of $363 million, or 9 cents per share, rose from $247 million, or 6 cents per share in the year-ago period.
Our existing real account holders are instantly eligible for the bonus on each deposit they make, while new clients can claim the bonus once they register a real account of their preference and deposit funds in it, starting from as little as $5, and with the deposit charges covered by XM.
XM Pros and Cons
The minimum deposit is $5. No deposit and withdrawal fees.
How much can you withdraw from XM?
XM does not impose any strict withdrawal limits, but the chosen withdrawal method may have its own limitations. For instance, withdrawals via bank wire typically range from $50 to $10,000, while withdrawals to credit or debit cards may carry a maximum limit of $10,000.
Brokers ban scalping mainly because they are internalising orders or running a B-book against your trades. If you really want to take advantage of scalping, which is essentially high-frequency trading you need a Futures broker or CFD broker that offers DMA (Direct Market Access).
Scalping will be more time intensive and potentially a more stressful way of trading during highly volatility, as you will need to be very aware of news releases that can affect your trading instrument.
With scalping, you have to take advantage of high amounts of trades to generate enough profit; for some traders, the risk of just generating small profits is not worth it. Some scalpers make dozens or hundreds of trades a day; this strategy can be very time-consuming and requires high levels of concentration.
Some such brokerages are Charles Schwab, Ameritrade, Interactive Brokers, etc. Ensure that you understand the fees and charges before opening the account. So, conduct your research properly before you pick the best broker to invest in US stocks.
