Forex broker List

  • XM


    • Posted: Sep 06, 2017
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    XM is a popular name in the world of financial trading. The brokerage was founded in 2009 and is a licensed and regulated by many organizations. Since their foundation, they have earned an outstanding reputation among traders and it is still growing day by day.

    XM is known for having a prompt and very professional support desk with 24/5 availability. The brokerage allows traders to join from around the world except from the US. Support agents are available on; live chat, phone calls, emails, plus all top social networks including; Facebook and Twitter.

    XM offers multilingual customer support in; English, Greek, German, French, Spanish, Russian, Italian, Chinese, Japanese, Bahasa Indonesia, Bahasa Malay, Hungarian, Polish, Hindi, Arabic, Korean, Czech, Slovakian, Portuguese, Bulgarian, Romanian and Dutch.

    What makes our experience with XM so unique and appealing is the fact that even if you do not have any experience with trading the forex market and are in need of training, XM is one of the only few serious brokers in the forex industry that offers training to all traders.

    XM is authorized and regulated by the FCA, UK Financial Conduct Authority (registration number 705428). The broker is also regulated and supervised by the CySec, Cyprus Securities and Exchange Commission with CIF License number 120/10 and ASIC, Australian Securities and Investments Commission (license number 443670).

    As being one of the largest and most reliable brokerage houses in the forex industry, XM is registered with the following regulatory bodies:

    • United Kingdom: FCA ( Financial Conduct Authority )
    • Germany: BaFin ( Bundesanstalt für Finanzdienstleistungsaufsicht )
    • Spain: CNMV ( Comisión Nacional del Mercado de Valores )
    • Hungary: MNB ( Magyar Nemzeti Bank )
    • Italy: CONSOB ( Commissione Nazionale per la Società e la Borsa )
    • France: ACP ( Autorité de Contrôle Prudentiel )
    • Finland: FIN ( Finanssivalvonta Finansinspektionen )
    • Poland: KNF ( Komisja Nadzoru Finansowego )
    • Netherlands: AFM ( Autoriteit Financiële Markten )
    • Sweden: FI ( Finansinspektionen )


    The XM Company offers various types of MT4 for both Windows and Mac. The MT4 is also supported on Android and iPhone operating systems; which means the MT4 application will work with both smartphones and Tablet PCs. This is a web-based platform, so you can access it anytime from anywhere. In fact, with a single trading account, you can access 8 platforms in a row.

    The trading platform is designed for both newbie and experienced traders. The simple design ensures that, no one will experience any difficulty while trading.

    Both real and demo accounts, XM traders can trade on as many as 8 different trading platforms that support; market, stop, limit, and trailing orders; simply accessible from 1 account. This accelerates trading processes and offers traders great flexibility to trade from everywhere and at anytime with no difficulty.

    The available trading software is as follows: XM MT4, XM Web Trader, XM MT4 Multiterminal, XM Mac MT4, XM iPhone Trader, XM Droid Trader, XM iPad Trader, and XM MAM Trader.

    XM is offering three different account types;
    • MICRO Account,
    • STANDARD Account, and
    • Zero Account.

    In a MICRO Account, you will be able to trade with many base currencies. In this account, the contract size is: 1 lot equal to 1000; the leverage is 1:1 to 1:888; as Low as 1 Pip spread on all major pairs, and many more features.

    With the STANDARD account, the contract size is: 1 lot is equal to 100000; the leverage is 1:1 to up to 1:888; as Low as 1 Pip spread on all major pairs, 50 lot restriction per ticket and many other features.

    With the Zero account, you can trade Forex market with as low as 0 Pips spreads. However, you’ll be charged a small commission based on your trading conditions. You need to deposit a minimum amount of $100 with this account, the other features remain the same as a standard account.

    The minimum deposit amount for Micro and Standard accounts are both the same and both accounts can be registered with Islamic guidelines as Optional.

    XM Broker Review | Account Features
    • MICRO, STANDARD, and ZERO accounts with exceptional trading conditions
    • Possibility to trade with micro or standard lots
    • Unlimited access to MetaTrader4 and expert advisor trading
    • Free regular intra-day market updates as well as technical analysis
    • Same spreads conditions and execution quality for all account types
    • Multilingual client support and Private Account Manager


    Payment Methods
    XM supports a huge variety of payment methods. For Deposits, they accept various credit cards including; VISA, VISA ELECTRON, MasterCard, Maestro, Union Pay, XM MasterCard and Diners Club International. All of them support instant deposit except Union Pay (24 hrs). For electronic payments, you can use; SKRILL, NETELLER, WEB Money, SOFRONT Banking, PaySafe card and other options. They also support; Bank Wire Transfer, Local Bank Transfer, Western Union and Money Gram.

    To withdraw, you can use all the credit cards mentioned above. For electronic withdrawal, you can use SKRILL, NETELLER, FasaPay and Web Money. They also support bank transfer. However, there are some restrictions on withdrawing money, but they are offering a huge list of methods.

    Research and Education Facility
    XM provides education facilities to their customers. Their research analysis center always sends updates about the market trends, events and reports. With more than 20 professional traders, XM is dedicated to educating their customers and solving their trading problems.

    All of XM’s accounts have access to XM’s educational center that is considered one of the best features being offered today in the forex industry. The learning center offers many different features including Complete Video Tutorials for both Beginner and Experienced Traders alike, Free Webinars, Forex Seminars, and Forex A-Z Courses.

    With their PRO education center, XM regularly offers Forex Webinars, Video tutorials and seminars for their customers. This can help traders reduce their losses and earn maximum profits from trading. On the research zone, you can get the knowledge of Market reviews, Forex News, and Technical Analysis along with updates of currency market. In addition, if you are looking for some tools that can help you maximize your winning possibility, XM provides FX Signals, MQL5, Economic Calendar, and FX Calculators to its valued customers.

    Security and Customer Services
    XM is a regulated company that is licensed by many organizations. XM ensures the highest security with payment processing, while the entire company operates with SSL technology. Deposits and withdrawals are very fast and secure. The customer support at XM is outstanding. They are dedicated to providing quick solutions to their client’s problems. It provides the best opportunity for traders and that is why they are so popular among traders. They are one of the best brokers in the market.

    Traders will receive all of the necessary information and answers about; how to deposit and withdraw, technical problems and solutions or guidance on how to trade the forex market from the broker’s FAQ section. All of the basic information required for writing this review was obtained from the XM FAQ section.


    XM Broker Review | Spreads
    XM offers all traders, without exception, the same tight spreads for all account types and trade sizes, without charging any extra fees or commissions. They know the fact that tight spreads only make sense if traders can trade on them. That is why they attribute such a great importance to their execution quality. The 888:1 leverage offered by XM is totally unique in the industry.

    • Tight spreads as low as 1 pip on all major currency pairs
    • Over 60 financial instruments
    • NO commissions, NO hidden fees
    • The same spreads for all trading account types
    • Best execution policy
    • Fractional pip pricing

    XM Broker Review | Deposit and Withdrawal
    XM is one of the only brokers in the industry to guarantee same day withdrawals. Their withdrawal policy is detailed in their terms and conditions, which states you just need to verify your trading account and you are able to withdraw your funds and profits as often and as much as you like.

    XM doesn’t force its traders to deposit a minimum balance of $500 or more, like other brokers. The minimum deposit amount is $5 for electronic funding, including; credit cards, Moneybookers, Skrill and Neteller.

    You can deposit using Credit Cards and Electronic Payments, including; VISA, MasterCard, Maestro, UnionPay, Neteller, WebMoney, Skrill, Sofort, CashU and FasaPay. The broker also supports Western Union, and Bank Wire Transfers.


    XM, being an established MT4 broker, is known to be reliable and professional. Their helpful and friendly staff assists online currency traders through their trading activity and the team is available 24 hours, 5 days a week.

    As a fully regulated online Forex broker, XM provides a number of features to their traders, including; numerous assets to be traded, fast withdrawals, professional customer support, secured deposits and user-friendly trading platforms. XM’s trading platform is perfect for both; beginners and experienced traders alike.

    On top of this, XM is consistently developing new ways to better its clients’ experience offering a fast and proficient service to all traders.



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  • Markets.com


    • Posted: Sep 05, 2017
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    • Comments: Comments Off on Markets.com

    Founded in 2010, Markets.com is a global online brokerage specialising in CFDs, Shares and Spread Trading on a range of financial instruments including Foreign Exchange (FX), Commodities, ETFs, Indices and Metals. With their headquarters in London, UK, the company is staffed by experienced traders and professionals with distinguished reputations in the financial market, offering in-depth knowledge, strong client focuses and a total commitment to ethical standards.
    Markets.com is a global brand and is trademarked by Safecap Investments Ltd. and owned by TradeTech Markets Limited (‘Markets’). Safecap and Markets are subsidiaries of Playtech PLC.
    Markets.com is one of the highly promising Forex brokers in the market, who assist investors in trading a wide variety of assets online. Having launched in 2010, Markets.com is relatively old and one of the most popular brokers in the Forex Trading Markets. They have built an advanced technical infrastructure that provides an exceptionally efficient, and fast online trading environment.
    Safecap Investments Ltd (‘Safecap’) is authorised and regulated by the Cyprus Securities and Exchange Commission with CIF Licence number 092/08. Markets.com is a trading platform service offered by Safecap Investments Ltd.
    All client funds deposited with Markets.com are fully segregated and are kept in separate bank accounts and are monitored on daily basis, ensuring client funds cannot be used for any other purpose.
    Moreover, Safecap Investments Limited is also regulated as a Financial Services Provider by the Financial Services Board (‘FSB’) in South Africa under license number 43906.
    About the platform, Markets.com offers their own proprietary platform that is available on Web version and mobile version including iOS, and Android offering a wide range of instruments and a professional look that suits all traders that sign up.
    Markets.com has done a good job developing a web based platform that makes it even easier to trade forex online with no download required. The broker allows their clients to trade with different trading tools.
    The broker also offers the most popular downloadable trading platform, MetaTrader4 (MT4). The platform is available on Windows and Mac OS computers plus Android and Apple mobile and tablet devices allowing clients flexibility on the move. To access the MT4 platform, you just need to click on “My Account” menu and then select “MT4 Accounts”.


    For traders with different levels of experience, Markets.com is offering THREE different kinds of trading accounts, Mini, Standard, and VIP.
    • Mini: With a minimum deposit amount required of only $100, this account type is most suitable for traders with little experience in the financial market and who doesn’t have a big budget to trade forex.
    • Standard: This account is mostly suitable for mid-level traders who have been trading in the forex market for a while and have the necessary capital to deposit. The minimum deposit amount is $2500 for this account.
    • VIP: This account is for VIP traders who have a lot of experience in trading the financial market, while also having a big budget to invest. The minimum deposit amount required for this account is $20,000 and you can then avail all the VIP support and features from the broker.
    • Islamic: Islamic accounts are also available for Islamic faith clients, offering swap-free accounts.
    • Demo: To provide the highest facilities for its traders, Markets.com offers a practicing account for traders. Without requiring any funds to deposit, anyone can trade on a demo account for FREE with unlimited virtual money.
    The features included with all these accounts are:
    • Daily market analysis.
    • Web Platform and MT4 platform including mobile versions.
    • 24 hours dedicated customer service.
    • Training through Webinars/seminars.
    • Dedicated account managers.
    However, the VIP account comes with extra benefits of having:
    Premium market analysis
    • SMS news and signals
    • Flexible Leverage, Margin and Spread policy.
    Premium support
    For four different asset classes, Markets.com is offering a generous leverage structure:
    • Currencies – leverage up to 1:300
    • Commodities – leverage up to 1:200
    • Stocks – leverage up to 1:20
    • Indices – leverage up to 1:150


    Markets.com makes a distinction between sales and support. The support team of the broker that we dealt with was extremely polite and helpful. In fact, they are able to support multiple languages and this isn’t just on their website. The support is currently available through; phone, email, and live chat.
    The payment/deposit/withdrawal process is very secure as you can see that they are using the HTTPS protocol. We have tested these processes and come up with a decision that, their payment/withdrawal service is very fast and reliable. You don’t have to wait long to get your money.
    Most client accounts are insured by the Investor Compensation Fund for Customers of Cypriot Investment firms, making this Forex Broker a secure broker that is above the industry standard in customer support. A wide range of forex traders include the very novice trader and even corporate clients.
    The broker Markets.com uses a combination of cutting-edge technical and physical safeguards to shield all data systems:
    • Solid firewalls and Secure Sockets Layer (SSL) technology is used to safe guard client’s information during registration, and fund transactions.
    • All financial transactions are controlled and monitored by Level 1 PCI certified international payment service providers.
    • All trading servers are located in SAS 70 certified data centers.
    • All data transfers from Markets.com server to traders’ personal devices are transmitted using SSL encryption.
    This broker is dedicated to educating their customers as well. In Markets.com, you can learn online trading like a professional from the ‘Education’ section. They are offering a wide range of educational services for traders to enhance their trading experience. With these courses, they are covering from Basic learning to strategy development level. So, it does not matter if you are new to trading. They will take care of you.
    At the 7th Middle East Online Trading Summit & Awards, They became the recipient of the 2010’s Best Financial Derivative Provider.
    Forex Trading hours opens on Sunday at 22:00 GMT and closes on Friday at 22:00 GMT.
    The Broker’s Website is available in 20 languages including; English, French, Arabic, Italian, Spanish, Turkish, Dutch, German, Chinese, Japanese, Norwegian, Russian, Portuguese, Swedish, Romanian, Polish, Slovenian, Magyar and Czech.


    Bonuses vary depending on the account level:
    • Mini – up to $250 free cash bonus.
    • Standard account – free access to the “News to Mobile” service, and a Welcome Bonus of up to $2,000
    • VIP account -a Welcome bonus of up to $2,000, and full access to the News to Mobile service, along with free FX Signals via SMS
    The broker is also giving away a $25 NO-Deposit bonus to all new traders who do not have the necessary capital to start with or wants to check the brokers’ real platform. The no-deposit bonus can be claimed after an easy registration for a new account.
    Markets.com DOES NOT charge any commission or fee as a result of your forex trading. Markets.com is compensated for its services through the Bid/Ask spread.
    Markets.com offers a range of deposit and withdrawing methods. All deposits and withdrawals must be first party.
    It can be made via Credit/ Debit card (Visa, MasterCard or Diners Club), Fast Wire Transfer, Paypal, Skrill, Neteller, Sofort, and Local Payment Methods.
    Withdrawals can be made by bank transfer or “return to card”; the latter where the withdrawal amount is equal to or less than the single greatest deposit amount made from that card. All withdrawal requests submitted are immediately shown in the clients’ trading account as pending withdrawals.
    The Broker does not charge clients when they deposit funds into their accounts. However, check with your bank or credit card company for any money transfer costs and / or extra charges.
    Please Note: if a client deposits over $2,500, any transfer fees will be covered by the Broker.
    Opening a practice account with this Forex Broker will allow you to view the four different trading platforms available. With a very low minimum deposit of $100, and various flexible funding methods, the Broker is both diverse and secure.
    Customer support employees at Markets.com respond to service calls 24 hours a day in multiple languages. Contacting the company is simple, as they provide 25 different local telephone numbers in different countries around the world.
    A solid and reliable broker with more account types than the average online forex broker in the industry today, this is a quality option for any type of forex trader, from beginners to experienced, backed up by a solid company standard, valuable customer service, and safely regulated credibility.
    Last but not least, Markets.com is one of the leading and most reliable Forex Brokers in the world of Forex Trading Market. It is beginner friendly and professional traders will get the opportunity to develop their strategies more efficiently by their effective guidelines. With a helpful and friendly staff to assist the clients through their trading activity, the team is available 24 hours, 5 days a week. On top of this, Markets.com is consistently developing new ways to better its clients’ experience offering a fast and proficient service to all traders.



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