About xm zero broker account

XM broker
H
Herli
19 May 2018, 11:20 1,295 Views
Good morning, master... I want to ask... According to master, is there any commission for XM broker with a zero spread account and is it safe if we deposit $1000 in XM for trading?

1 Answer

M
martin 22 May 2018, 04:08

@ Herli:

According to master broker xm with a zero spread account, is there a commission or not

About the zero account of broker xm
So you will be charged a commission of USD 3.5 for each 1 standard lot transaction (USD 100,000 contract size). From these provisions, if in a mini account (USD 10,000 contract size), the commission is USD 0.35 per 0.1 lot, or 10 times smaller, etc. for smaller contract sizes.
For more details you can ask XM via chatting.

…. and is it safe if we put $1000 in xm for trading

I have never traded at XM, so I can't comment. If any readers have or are currently trading at XM, they can join in sharing.
For security, the regulator is the key. If it has been regulated by a credible international regulatory body, your funds will be safe because if something happens, the regulatory body will be responsible.

From its development, broker XM has been regulated by CySEC (Cyprus), ASIC (Australia), IFSC (Belize), and registered with FCA (UK). ASIC is an internationally credible regulatory body.

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