What is a micro account in forex 9 pip



May 19, at am. How to Manage Your Trading Accounts? Thank you so much… This is what I needed. XM was founded on these values, and that will not change. FXOpen does not provide services for United States residents.




At XM we offer both Micro and Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions and leverage up to We offer a range of over 55 currency pairs and CFDs on precious metals, energies, equity indices and individual stocks with the most competitive spreads and with the no rejection of orders and re-quotes execution of XM. Start trading the instruments of your choice on the XM MT4 and MT5, available for both PC and MAC, or on a variety of mobile devices.

Alternatively, you may also want to try out the XM WebTrader, instantly accessible from your browser. In addition our range of platforms for Apple and Android mobile devices will seamlessly allow you to access and trade on your account from your smartphone or tablet with full account functionality. Our Research and Education center offers daily updates on all the major trading sessions along with multiple daily briefings on all critical market events which daily shape the global markets.

Manned by 20 multilingual market professionals we present a diversified educational knowledge base to empower what is a micro account in forex 9 pip customers with a competitive advantage. XM sets high standards to its services because quality is just as decisive for us as for our clients. We believe that versatile financial services require versatility in thinking and a unified policy of business principles.

The figures above should only be regarded as reference. XM is ready to create custom-tailored forex account solutions for every client. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency. You may be new to forexso a demo account is the ideal choice to test your trading potential. It allows you to trade with virtual money, without exposing you to any risk, as your gains and losses are simulated.

Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real money. A forex account at XM is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies. Forex accounts at XM can be opened in Micro, Standard or XM Zero formats as shown the table above.

Please note that forex or currency trading is available forex market trading in india since 1992 all Forex trader positions restricted Platforms. Similarly to your bank, once you register a forex trading account with XM for the first time, you will be required to go through a straightforward KYC Know your Customer process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.

By opening a forex account, you will be automatically emailed your login details, which will give you access to the XM Members Area. The XM Members Area is where you will manage the functions of your account, including depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing leverage, accessing support and accessing the trading tools offered by XM.

Your trading account login details will correspond to a login on the trading platform which matches your type of account and is ultimately where you will be performing your trades. A multi-asset trading account at XM is an account that works similarly to your bank account, but with the difference that it is issued with the purpose of trading currencies, stock indices CFDs, stock CFDs, as well as CFDs on metals and energies. Multi-asset trading accounts at XM can be opened in Micro, Standard or XM Zero formats as you can view in the download metatrader 4 for iphone wallpaper above.

Please note that multi-asset trading is available only on MT5 accounts, which also allows you access to the XM WebTrader. Similarly to your bank, once you register a multi-asset trading account with XM for the first time, you will be requested to go through a straightforward KYC Know your Customer process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details. Please note that if you already maintain a different XM Account, you will not have to go through the KYC validation process as our system will automatically identify your details.

By opening a trading account, you will be automatically emailed your login details that will give you access to the XM Members Area. The XM Members area is where you will manage the functions of your account, including the depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing the leverage, accessing support and accessing the trading tools offered by XM.

Our offerings within the clients Members Area are provided and constantly enriched with more and more functionalities, allowing our clients more and more flexibility to perform changes or additions to their accounts at any given time, without needing assistance from their personal account managers. Your multi-asset trading account login details will correspond to a login on the trading platform which matches your type of account, and it is ultimately where you will be performing your trades.

MT4 is the predecessor of the MT5 trading platform. At XM, the MT4 platform enables trading on currencies, stock indices CFDs, and CFDs on gold and oil, but does not offer trading on stock CFDs. Our clients who would not like to upgrade to MT5, can continue to use MT4 and can upgrade or open an additional MT5 account at any time they wish.

Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices CFDs, gold and oil CFDs, as well as stock CFDs. Your login details to the MT5 will also give you access to the XM WebTrader in addition to the desktop downloadable MT5 and the accompanying apps. Access to the MT5 platform is available for Micro, Standard or XM Zero as shown in the table above. You can choose any of the XM trading account types, Micro, Standard or XM Zero, however in order to access the XM WebTrader you will need to select the MT5 as your platform of choice during registration.

Deposits, withdrawals or any other functions related to any of your trading accounts can be handled in the XM Members Area. Privacy Policy Cookie Policy Terms and Conditions. Trading Point of Financial Instruments Ltd operates in accordance with the Markets in Financial Instruments Directive MiFID of the European Union. FCA FSA, UKref.

Risk Warning: Forex Trading what is a micro account in forex 9 pip significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Restricted Regions: Trading Point of Financial Instruments Ltd does not provide services for citizens of certain regions, such as The United States of America. COM uses cookies, and by continuing to use the website you consent to this.

For more information please read our Cookie Disclosure. Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure. Open an Account Here. Trade with the Official Sponsor of Usain Bolt. Access the global markets instantly with the XM MT4 or MT5 trading platforms. Trading accounts with exceptional trading conditions. Possibility to trade with micro or standard lots.

Free regular intra-day market updates and technical analysis. The same execution quality for all account types. Multilingual customer support and your Personal Account Manager. XM Trading Account Types. Spread on all majors. As Low as 1 Pip. Lot restriction per ticket. As Low as 0 Pips. What is a Forex Trading Account? In summary, your forex trading account includes. Access to the XM Members Area. Access to the corresponding platform s. What is a Multi-Asset Trading Account?

In summary, your multi-asset trading account includes. Access to the XM WebTrader. Who Should Choose MT4? Access to the MT4 platform is available for Micro, Standard or XM Zero as per the table above. Who Should Choose MT5? Which Trading Account or Platform to Choose to Use the XM WebTrader? What is the Main Difference Between MT4 Trading Accounts and MT5 Trading Accounts?

The main difference is that MT4 does not offer trading on stock CFDs. Can I Hold Multiple Trading Accounts? Any XM client can hold up to 8 trading accounts of their choice. How to Manage Your Trading Accounts? This website is operated by Trading Point of Financial Instruments Ltd.




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