XM Trading: Reviews and Reputation of XM – Japanese User Edition

XMTrading

XM Trading is the world’s most popular Forex broker. It is used by many users and is expected to continue to grow. However, among those who are thinking of using XM from now on, I think there are many people who are wondering if the usability of XM itself is the torso. So, I collected the raw voices of XM users.

What is XM?

Please refer to the following article for information on XM’s company information and acquisition licenses.

bad reputation

So, I collected a collection of bad reviews of XM.

I can’t open a corporate account

The spread is wide and I can’t win

Many currencies with negative swaps

High withdrawal fee

good reputation

So, we have collected a collection of good reviews of XM Trading.

Withdrawal refusal

execution speed

lots of bonuses

Enhanced Japanese support

High leverage and no additional collateral

low minimum deposit

How does XM compare to other Forex brokers?

XM has a luxurious bonus, but the disadvantage is that the spread is wide.

In other words, if you are going to trade in the short term, you should only have options in XM with relatively narrow spreads such as EURUSD and USDJPY.

Spread spec comparison of FX5 company

USD/JPYEUR/JPYGBP/JPYEUR/USD
Gemforex1.2pips1.4pips1.9pips1.2pips
AXIORY1.5pips1.7pips2.7pips1.3pips
iForex0.9pips1.7pips2.5pips0.8pips
TradeView1.8pips1.9pips2.3pips1.7pips
XMTrading1.6pips2.6pips3.5pips1.6pips

Although XM is inferior in specs and spreads, there are also benefits such as being able to trade with a maximum leverage of 1000 times, getting a bonus, and depositing from a minimum of 500 yen.

Click here to open an XM account

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