XM｜Q&A about Trading
Tell me about the swap points of GOLD trading with XM.
Minus swap points will arise for both selling and buying positions of GOLD carried over with XM. Swap points are checked through 'Specification' or 'Calculation Tool of XM' on MT4/MT5.
2022.08.31
Is XM Point Program applicable for GOLD trading?
Yes, XM Point (XMP) can be earned by trading volume of Precious Metal CFD GOLD of XM. For your information, XM Points you can earn are fixed at your Loyalty Status and the limit is maximum 20 XMP per lot.
2022.08.31
What is the advantage of GOLD trading with XM?
The advantages of XM GOLD trading are that the maximum leverage 1:1,000 is available as well as minimum trading unit is 0.01 and you can enjoy dynamic trading with the risk limited. Also GOLD is available on the same account and trading tool as FX, therefore it is quite easy for beginners to trade.
2022.08.31
Tell me about the trading hours of GOLD with XM
Trading hours of GOLD with XM is from 01:05 to 23:55 (close on Friday at 23:50) in GMT+2 time zone. Friday close is 5 minutes earlier than other weekdays. So please be noted.
2022.08.31
Is there any limit on leverage for GOLD trade with XM?
No, leverage limit on GOLD is the same as FX and maximum 1:1,000. Therefore it is quite easy for beginners to start trading volatile GOLD with minimal margin.
2022.08.31
How can I choose the instruments available on XM's MT4/MT5?
The names of instruments shown on MetaTrader 4 (MT4)/MetaTrader 5 (MT5) vary depending on the account types, so you need to choose the appropriate instruments applicable to the account type. Choose standard format 6 character instrument name such as 'EURUSD' on Standard Account.
2022.08.24
Tell me how to check the trading conditions of instrument of XM.
Trading Conditions of instruments of XM can be checked through MT4/MT5. Right-click Forex you wish to check on 'Indicative price indication screen' of MetaTrader 4 (MT4)/MetaTrader 5 (MT5), then choose 'Specification' and check.
2022.08.24
Do the leverages vary depending on the instruments?
Yes, maximum leverages vary depending on the instruments with XM. 1:1 to 1:1,000 preset leverages chosen by clients will apply to Forex and Silver, on the other hand, each individual required margin will apply to other CFDs.
2022.08.24
Tell me the names of instruments XM deals with.
55 Forex, 1,387 CFDs (Precious Metals, Equity Indices, Energies, Commodities, Stock CFDs and Cryptocurrencies), total number of 1,442 instruments are available with XM and all the instruments can be traded within the same one account and on the same one trading tool. Also all the instruments deploy Negative Balance Protection, so you can trade at ease.
2022.08.24
Do I need to prepare exclusive account for CFDs with XM?
No, you don't have to. XM allows you to trade all the CFD instruments such as Precious Metals, Equity Indices, Energies, Commodities, Stock CFDs and Cryptocurrencies including Forexa on the same one account.
2022.08.24
