XM｜Q&A about Trading
When are tradable hours of XM FX currency pairs?
Trading hours of XM FX currency pairs are from Monday 00:05 to Friday 23:50 (GMT+2). Cryptocurrency CFDs are tradable 24 hours a day, every day, including weekends. For your information, XM deploys US summer time.
2022.04.11
Scalping trade, EA or cross trade prohibited with XM?
No, there is no specific restrictions on scalping trade, EA or cross trade within the same account with XM. However cross trade between multiple accounts within XM or cross trade between XM and other brokerage houses (cross trade using other brokerage houses' FX account) are prohibited.
2022.03.18
What will required margin become on cross trade with XM?
Required margin for the position will become '0' (zero) with XM when cross trade is conducted in the same number of lots within the same account. Therefore there will be an allowance for margin and you can avoid forced stop-out while on cross trade. However if you conduct cross trade in different number of lots, required margin arises. So please be noted.
2022.03.18
Tell me how to cancel cross trade with XM.
When you cancel the both position of cross trade with XM at the same time (Multiple Close By), right click currency pair on cross trade, choose 'Modify or Delete Order' then choose 'Multiple Close By' from 'Type.'
2022.03.18
Can I close only one-side position of cross trade with XM?
Yes, you can close only one-side position of cross trade with XM. However if you close either one of the positions, selling or buying position, cross trade should be cancelled at the timing of position close and there arise required margin depending on the position size.
2022.03.18
What is the advantage of cross trade with XM?
There are advantages such as required margin will become '0' (zero) with XM, you can conduct different trading techniques or you can earn XM Points (XMP). However cross trade aiming for earning XM Point (XMP) will become a conflict of rules. Please make sure that you check the prohibited matters in advance.
2022.03.18
XM deploys fluctuating spread system in all account types. Fluctuating spread system is the system where spreads may become wider or narrower depending on the value of spread and change on trading hours or market situation all the time.
2022.02.18
Is there any difference of spreads depending on account types?
Yes, spreads differ depending on the account types with XM. XM realizes maximum 1:1,000 times leverage and narrow spreads in XM Ultra Low Account Standard among other types and clients can enjoy trade with no charge.
2022.02.18
Is there any hours when spreads tend to become wider?
Yes, spreads tend to become wider just before the close of market or into the hours of less trade volume not only in XM but also in other FX brokerage houses. Especially towards the close of NY market becomes unstable and spreads tend to become wider. Please be noted.
2022.02.18
Where can I check XM's spreads?
You can check real time spreads on MetaTrader 4 (MT4)/MetaTrader 5 (MT5) with XM. Right click Indicative price indication window, then click 'Spread' after you log in to MT4/MT5. Then the spreads of all currencies are shown on the right.
2022.02.18
