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