XM Bonus

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 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

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

The rollover rate is determined through swap contracts, which can either be charged or profited for traders. XM does not close or reopen positions, but only debits or credits trading accounts for positions held overnight, depending on the current interest rate.

Although there is no rollover, if the market is closed on Saturdays and Sundays, the bank still charges interest on open positions over the weekend, only lowered. To accommodate this time difference, XM introduced a 3-day rollover fee on Wednesdays.

Continue Reading at Guide to Trade Overnight Positions in XM