Regulated Gold Trading Broker Information
Regulated Gold Broker Information
Online gold broker regulation is the most sought after qualification by traders when it comes to choosing an online Gold Trading and gold broker to open an account with. Regulation is what makes an online gold broker to be considered as a reliable broker, When it comes to XM Group, this online Gold Trading and xauusd trading broker group is regulated & licensed 3 countries: Cyprus, Australia and Belize. XM Group regulation licenses are shown below & any other additional regulation data can be found on XM Regulation Webpage.
XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 & is regulated by the Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia
CY: 12 Richard & Verengaria St, Araouzos Castle Court, Third Flr, 3042 Limassol, Cyprus
BZ: Suite 404, The Matalon, Coney Avenue, Belize City, Belize
XM GROUP - Regulation & Licenses - XAUUSD Trading Broker Reviews
1. Cyprus
Regulated by Cyprus Security & Exchange Commission, its License Number is - CySEC 120/10.
2. Australia
Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities and Investments Commission)
3. Belize
Regulated in Belize by Financial Services Commission (FSC000261/158)
XM is committed to full business transparency when it comes to Online trading and this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it's registered & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
Live Time Market Execution of XAUUSD Orders
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution method. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
Gold Trading Account Types
Micro Gold Trading Account
Standard Gold Trading Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on the client’s country of residency.
MICRO account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5.
The STANDARD account allows you to operate with standard lots & it has minimum initial deposit of $5.
XM ZERO trading account allows you to trade with standard trading lots, lower spread beginning at 0 pips and it has minimum initial deposit of $5. XM ZERO account has a $3.5 commission per $100,000 traded. Finally, XM ULTRA LOW account allows you as a trader to trade with either micro lots or standard lots, lower spread beginning from 0.6 pips and it has minimum initial deposit of $5.
Islamic XAUUSD Trading Accounts
Islamic accounts are swap-free, meaning there's no paying/receiving of interest. This xauusd account is suited for traders looking for Islamic xauusd trading brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their website once they have opened an account, in this client area or cabinet you can deposit/withdraw your money at any time. By clicking my account & then clicking deposit button then fill the details, for withdraw just click my account and then the withdraw button key. Withdraw Requests are also processed on the same business day & receipt of funds is issued within the same day.
What Instruments are available for trading on XM
- Gold Trading Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver & Gold CFDs
- Energies - Crude Oil CFDs
- Online Stocks CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Stocks CFDs
Bonus on Gold Trading Account Deposit and Loyalty Bonus
1. Free VPS for clients who maintain a minimum account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Account Bonus for new clients only. No end date for this bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus upto $500 and 20% deposit bonus upto $5,000. No end date for this promotion:
4. XM Loyalty Program offers the clients XM Points (XMP) per lot traded. These XMP can be redeemed at any time for credit bonus which can be used for trading purposes only. No end date for this promotion:
* Trading Bonus & Loyalty Program are not eligible for clients signed up under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage is not available to all entities of the Group. Maximum leverage for clients signed up under the EU regulated entity of the Group is 30:1".
No Requotes Policy
The No-re-quotes policy means this gold broker does not requote the traders as this is a no dealing desk xauusd broker, the execution accesses inter bank network meaning they have a variety of liquidity providers to take up the gold orders instantly form this net-work of banks. This xauusd broker follows a no re-quotes policy for its clients making it the broker for traders looking for a non dealing desk xauusd broker & a No-Requotes Policy Online Gold Broker.
Software Platforms XAUUSD Trading Softwares
MT4 and MetaTrader 5 softwares are available for PCs, MACs, Smartphones & Tablets
Web-Trader Software
Provides Web Platform & traders can log in online when they are away from computer and interpret the online gold markets. Web platform is accessible from the browser.
Gold Trading Practice Accounts
A Demo is a free practice account given to novice traders to practice trading on MT4 and MT5 platforms: it provides full and unlimited access to the features of the MetaTrader 4 & MetaTrader 5 softwares that include trading, charting and Expert-Advisors automated trading.
Registration of the practice practice xauusd trading account is meant for traders to practice Gold Trading with this practice account. Note: Demo accounts will be closed if they are inactive for more than 90 calendar days.
Security and Reliability
XM gold trading software is designed with high standards in terms of security, privacy, reliability and integrity. Information is encrypted using High Grade Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means no third party can access information, the server is secure, data is backed up in more than one location, & also uses two different server firms located away from each other meaning there is absolute no down time, gold traders always have access to the servers & can trade anytime from anywhere in world.
XM provides transaction security by the use of information encryption techniques that guarantee the security of these trades and safeguard clients' privacy through the Secure Socket Layer, SSL technology method, otherwise known as https:
HTTPS: High Grade Information Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review - Gold Trading Broker Review
XM is a next generation investment firm enabling traders from more than 190 countries around the globe to trade Gold, precious metals, Gold Trading and energies. XM is one of the leading gold brokers in the globe with over 1,000,000 real accounts opened from over 190 countries.
From founding of the company in 2009, XM has been committed to providing fair & transparent trading conditions for all clients irrespective of their trading capital worth. Gold traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no re quotes & no rejections policy.