Forex XM Trading Platforms and Instruments

What Trading Instruments and Assets Can I Trade On XM?

When you trade with forex XM, you gain access to a wide array of global financial instruments. This allows you to diversify your portfolio and capitalize on opportunities across different markets. We found that the broker's offerings are designed to give traders a comprehensive selection, from the highly liquid forex market to various CFDs on stocks and commodities.

What Trading Platforms and Tools Does XM Offer?

XM supports the most popular trading platforms in the industry, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside its own proprietary XM App. This variety ensures traders can choose the platform that best fits their needs, whether they prefer a time-tested desktop application or a mobile-first solution. Our experience shows that all platforms are built for reliable execution and provide the necessary tools for technical and fundamental analysis.

FAQs about XM Trading Platforms and Instruments

Q: Can I trade individual stocks on the MT4 platform with XM?

A: No. We found that while XM offers a broad range of instruments on its MT4 platform, including forex, stock indices, and commodities, individual stocks are exclusively available for trading on the MT5 platform. This is a key difference to consider when choosing your platform.

Q: Does XM offer a demo account to test its platforms?

A: Yes. XM offers a free demo account that allows you to test out its trading platforms and practice strategies with virtual funds. We recommend using this feature to get a feel for the platform and the execution quality before committing real capital. The demo account has no time limit but is deactivated after 30 days of inactivity.

Q: Are there any trading instruments where XM has no commission fees?

A: Our research indicates that most of XM's account types, such as the Standard and Micro accounts, are commission-free with costs built into the spread. However, the Zero Account is designed for traders who prefer ultra-tight spreads, with a small commission fee of $3.50 per lot charged on each side of the trade.