konversi_timezone(31 Aug 2023 1:01, America/New_York, 'full date') The Complete Guide to XM Turbo Stocks
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The Complete Guide to XM Turbo Stocks



Aug 31, 2023  
XM Turbo Stocks is a great instrument choice for Day Trader. In addition to that, this product also offers various other benefits as well.

There are various trading instruments you can choose from in the market. Some broker even offers unique instruments that might be interesting to try. One of the best examples is XM Turbo Stocks.

The XM Turbo Stocks are CFD products with specific individual stocks as their underlying assets and leverage of 1:200. The trading commences at the beginning of the underlying stock's trading day and concludes at the end of the same day.

That being said, what else should you know about this particular feature?

 

XM Turbo Stocks, a Distinct CFD Product

The XM Turbo Stocks have introduced a distinguished trading concept through CFD (Contract for Difference) products that are tied to specific individual stocks, offering the option to leverage their positions at an impressive leverage of 1:200. Why impressive? Because it's almost impossible to trade individual stocks with that high of leverage in the traditional capital market.

Here are the asset choices you could trade with XM Turbo Stocks:

Symbol with Description MT5 Symbol Spread as low as (quote currency) Min/Max Trade Size Margin Percentage Limit and Stop Levels
Adidas_turbo (ADSGn.DE) Adidas_turbo 0.13 0.06/29 0.5% 0
Amazon_turbo (AMZN.OQ) Amazon_turbo 0.10 0.07/44 0.5% 0
Apple_turbo (AAPL.OQ) Apple_turbo 0.15 0.05/29 0.5% 0
BP_turbo (BP.L) BP_turbo 0.0042 0.12/84 0.5% 0
Facebook_turbo (FB.OQ) Facebook_turbo 0.16 0.04/20 0.5% 0
Google_turbo (GOOG.OQ) Google_turbo 0.10 0.07/42 0.5% 0
Microsoft_turbo (MSFT.OQ) Microsoft_turbo 0.24 0.03/21 0.5% 0

As mentioned, Turbo Stocks trading starts when regular stock trading begins for the day and ends when it's time for the regular stock market to close. This makes sure each time you trade matches how the regular stock moves during the day. This pattern starts again the next trading day so that you can return to join the market activity.

For better understanding about the stock market time, here is a list of Trading Hours you can use as a guidance.

Symbol Description MT4 / MT5 Server Time Weekday Monday Open Friday Closed
Adidas_turbo Adidas GMT +3 10:10 - 14:00,14:03 - 18:25 10:10 18:25
Amazon_turbo Amazon GMT +3 16:40 - 22:55 16:40 22:55
Apple_turbo Apple GMT +3 16:40 - 22:55 16:40 22:55
BP_turbo BP GMT +3 10:10 - 14:00,14:03 - 18:25 10:10 18:25
Facebook_turbo Facebook GMT +3 16:40 - 22:55 16:40 22:55
Google_turbo Google GMT +3 16:40 - 22:55 16:40 22:55
Microsoft_turbo Microsoft GMT +3 16:40 - 22:55 16:40 22:55

This way of trading is good for those who like the fast pace of the stock market and prefer to make money in a shorter time. You might be able to take advantage of the quick price changes in just one day of trading in XM.

 

Advantages of Trading XM Turbo Stocks

Engaging in Turbo Stocks trading through XM broker opens the door to many advantages that can significantly enrich your overall trading journey and potentially uplift your market results.

These advantages extend beyond just the mechanics of trading.

  • Leverage Opportunities: XM Turbo Stocks provide the potential to leverage your trades up to 1:200, allowing you to amplify your exposure to the market and potentially increase your returns.

  • Best for Day Trading: Turbo Stocks are designed to match the pace of Day Trading market movements, offering opportunities to profit from quick price changes within the trading day.

  • Adaptability to Market Trends: Whether the market is rising or falling, Turbo Stocks enable you to speculate on both uptrends and downtrends, adapting your strategies to different market conditions.

  • Cost Efficiency: Enjoy the advantage of potentially lower spreads, optimizing your trading efficiency, and helping to manage trading costs.

  • No Hidden Fees: Trading XM Turbo Stocks comes without the burden of extra fees, providing a transparent trading experience without unexpected costs.

  • No Long-Term Commitment: Turbo Stocks are traded within a single trading day, allowing you to engage with the market without the commitment of holding positions overnight.

  • Practical Learning: The fast-paced nature of Turbo Stocks trading in XM can provide a valuable learning experience for traders aiming to improve their skills in dynamic market conditions.

  • Diverse Stock Selection: You can choose from a carefully curated range of popular stocks, allowing you to trade companies that align with your interests and market outlook.

 

How to Trade XM Turbo Stocks

Trading with XM Turbo Stocks doesn't require specific conditions. All traders could trade these instruments with the following stops:

  1. Open an Account: If you're not already an XM client, you must open a trading account with XM. Make sure to choose the XM MT5 Standard Account as Turbo Stocks are only available there.

  2. Research and Education: Before you start trading, it's essential to understand the basics of Turbo Stocks and how they work. XM typically provides educational resources, tutorials, and materials to help you grasp the concept and trading mechanics.

  3. Access the Trading Platform: Log in to your XM trading account and access your MT5 platform.

  4. Select Turbo Stocks: Within the trading platform, navigate to the section where you can trade Turbo Stocks. You'll likely find a list of available Turbo Stocks and their corresponding leverage ratios.

  5. Choose a Stock: Select the Turbo Stock you want to trade. When selecting, consider factors like the company's performance, news, and market analysis.

 

How to Calculate XM Turbo Stocks Margin

Considering XM Turbo Stocks is a leveraged product, it is safe to say that it also comes with a margin requirement. Because of this, you must know how to calculate the margin.

The Margin Requirement for Turbo Stock CFDs is calculated using this formula:

[Lots x contract size x opening price] / [The smaller number between (Your Account Leverage, Symbol Leverage)]

This formula shows that the leverage you can use for your trade is decided by whichever is smaller: the leverage of your account or the specific leverage allowed for the stock you're trading.

For instance:

Let's say a client buys 10 lots of Turbo Amazon CFD at an opening price of $100. The account uses USD as its base currency and has an account leverage of 1:100. Meanwhile, the symbol leverage for Turbo Amazon CFD is 200.
The required margin for this Turbo Amazon CFD position would be (10 x 10 x 100) / 100 = $100.

Imagine a different scenario where a client purchases 15 lots of Turbo Amazon CFD at a $100 opening price. The account has USD as its base currency, account leverage of 1:500, and a symbol leverage for Turbo Amazon CFD at 200.
In this case, the necessary margin for the Turbo Amazon CFD position would be (15 x 10 x 100) / 200 = $75.

This calculation ensures that the amount of money required to hold the trade is based on your account's leverage and the specific leverage set for the particular stock you're trading.

 

FAQ on XM Turbo Stocks

  • When can you trade XM Turbo Stocks?
    You can open and close positions anytime during trading days (refer to the Trading Hours table for more information).

  • How much does it cost?
    You won't need to pay a swap or commission. The only fee you will pay is spreads.

  • When will your Turbo Stocks position close?
    All open positions will be closed at the end of the trading session at the last price available.

  • What is the maximum leverage?
    The maximum leverage for XM Turbo Stocks is 1:200.

  • Can you receive dividends?
    No, you can't. The positions are closed daily so you won't be able to receive dividends.

  • What platforms can you trade XM Turbo Stocks?
    This instrument is available on the MT5 platform.

  • On which account type can you trade XM Turbo Stocks?
    This instrument is available on the XM Standard account.

  • How is the margin calculated?
    The margin rate will be calculated at the lowest between your account and the instrument traded.

 


XM broker is an established international firm and has become a true leader in the trading industry. Founded in 2009, the company works with the main principle of being "fair, trustworthy, and dependable". XM claims to support no re-quotes and real-time execution, where traders can choose from 10+ trading platforms suitable to any device.


3.38/5

Established : 2009
Location :
Regulation :
Min Deposit : $5
Leverage : 1:1000

Giorgio Caruso

Apr 20 2024

I encourage traders of this broker to explore the entire platform. XM offers a lot of tools and features that can help a traders experience. Starting from the education on the platform which is great, the broker also offers several bonuses and intruiging trading account types. On top of that, there is copy trading here, and a couple of contests that confident traders can participate in to win some cash. It is not the main point of trading but it...

Ly Van Trieu

Apr 6 2024

That is a full-fledged trading platform. Srsly, I can't even think of something missing here. Over a thousand of trading instruments, nice leverage size and quite tasty bonuses. When I entered trading with the XM, I had already had a solid sum of money, so I received their two-tier bonus that included 50% + 20% at once. It's an appealing thing to increase capital under operation this way.

Andrea

Aug 31 2023

Account Number: (1685xxx)

Awesome execution time

Kuala Lumpur Trader

Mar 28 2023

The best trader so far, offering a lot of seasonal promos and Bonus ;) Best support I ever had from a broker.

Carman Charles

Mar 1 2023

Easily one of the best forex brokers I have ever experienced. Although I believe they are more suitable for newbie traders. I am sure many people know them because of their extensive marketing everywhere. But they have a pretty decent service. Good trading cost, not too steep, and a good education program to support young traders. However, some of my professional traders do not enjoy using them. But, I could not say anything in their place. I guess it's something...
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XM FXOpen
Rating
3.38/5
3.38/5
Established 2009 2003
Min Deposit $5 $1
Max Leverage 1:1000 1:500
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