Everything About XM Broker
XM is a well-established broker since 2009. XM has headquarters in United Kingdom, Cyprus, Germany, Spain, New Zealand, Australia, Italy, Belize, European area, France and Nigeria. XM provides their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FCA 538324, CySEC 120/10, BaFin 124161, CNMV 2010157773, FSP (New Zealand) FSP235905, ASIC 443670, CONSOB (Italy) 3046, Belize Financial Service Commission (FSC) 00261/397 and ESMA.
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Traders with a minimum trading account balance of 500 USD, or the equivalent in other currencies, can benefit from the VPS service by requesting it in the Members Area.
The condition for eligibility is to conduct a minimum of 2 standard round turn lots or 200 micro round turn lots per month.
For traders who do not meet the criteria, the XM VPS can be requested for a monthly fee of 28 USD, automatically debited from MT4/MT5 accounts on the first day of each calendar month.
Continue Reading at Boost Your Trading Execution with XM VPS
The VPS is a dedicated server hosted in a data center and always online, allowing your trading algorithms or Expert Advisors (EAs) to run 24/7 regardless of your computer's uptime or internet connection.
XM VPS gives you lightning-fast trade execution by connecting you to a virtual private server (VPS) just 1.5 kilometers from XM's London data center. The VPS uses optical fiber connectivity, ensuring your trades are executed quickly and reliably.
Powered by Windows Server 2019, the XM VPS has 2GB of RAM, 25GB of storage space, and one vCPU. This is sufficient for most trading strategies, but you can upgrade to a higher-tier plan if you need more resources.
Continue Reading at Boost Your Trading Execution with XM VPS
XM VPS is free for clients who trade at least five standard lots per month.
Continue Reading at Boost Your Trading Execution with XM VPS
How to calculate forex and spot metal rollover rates at XM?
The calculation of rollover rates for forex and spot metals is as follows:
X transaction size (long/short tom-next rate – XM's Markup)
Keep in mind that plus or minus positions depend on the difference in the exchange rate of two currencies in a given pair.
Continue Reading at Guide to Trade Overnight Positions in XM