Regulated BTCUSD Broker Information
Online broker regulation is the most sought after qualification by bitcoin traders when it comes to selecting an online Trusted BTCUSD Broker to open a bitcoin account with. Regulation is what makes an online broker to be considered as a Trusted BTCUSD Broker, When it comes to XM Group, this online BTCUSD Trading and broker group is regulated and licensed 3 countries: Cyprus, Australia & Belize. XM broker Group regulation licenses are shown below & 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 Cyprus Securities & Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 & is regulated by the Australian Securities & Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia
CY : 12 Richard & Verengaria Strt, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
BZ : Suite 404, Matalon, Coney Drive, Belize City, Belize
XM GROUP - BTCUSD Trading Bitcoin Trading Broker Review
1. Cyprus
Regulated by Cyprus Security & Exchange Commission, its License Number - 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 & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
No Requotes Execution
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).
BTCUSD Account Types
Micro BTCUSD Account
Standard BTCUSD 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 trading lots, lower level of risk & it has minimum initial deposit of $5.
STANDARD trading account allows you to trade with standard lots and it has minimum initial deposit of $5.
The XM ZERO account allows you to operate with standard lots, lower spread starting at 0 pips and it has minimum initial deposit of $5. XM ZERO account has a $3.5 commission per $100,000 traded. Finally, XM ULTRA LOW account allows you to trade with either micro or standard lots, lower spreads starting from 0.6 pips & it has minimum initial deposit of $5.
Islamic Bitcoin Accounts
Islamic accounts are swap-free, meaning there is no paying/receiving of interest. This btcusd account is suited for traders looking for Islamic btcusd 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 and 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 & 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 & BTCUSD Trading CFDs
- Energies - Crude Oil CFDs
- Online BTCUSD CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online BTCUSD CFDs
Bonus on Bitcoin Account Deposit & Loyalty Bonus
1. Free VPS for clients who maintain a minimum account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Acconut sign up Bonus for new clients only. No end date for this bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus up to $500 & 20% deposit bonus up to $5,000. No end date for this promotion:
4. XM Loyalty Program offers 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 and Loyalty Program aren't 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 entities of the Group. Maximum leverage for clients signed up under the EU regulated entity of the Group is 30:1".
No Requotes Policy
No-re-quotes policy means this broker does not requote the traders as this is a no dealing-desk btcusd trading broker, the execution accesses inter-bank network meaning they have a variety of liquidity providers to take up the orders instantly form this internet-work of banks. This broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing-desk broker and a No-Requotes Policy Online BTCUSD Broker.
Software Platforms Bitcoin Trading Softwares
MetaTrader 4 & MetaTrader 5 platforms are available for PCs, MACs, Smartphones and Tablets
Web-Trader Software
Provides Web Platform & traders can login online when they are away from their computer & analyze the online btcusd markets. Webtrade platform is accessible from a webbrowser.
BTCUSD Trading Practice Accounts
A Demo is a free practice account given to beginners to practice trading in MT4 and MetaTrader 5 softwares: it provides full & unlimited access to the features of the MetaTrader 4 & MetaTrader 5 platforms that include trading, charting & Expert-Advisors automated trading.
Registration of the practice demo bitcoin account is meant for traders to practice BTCUSD Trading with this demo bitcoin account. NB: Demo trading accounts will be closed if they are inactive for more than 90 calendar days.
Security & Reliability
XM btcusd trading software is designed with high standards in terms of security, privacy, reliability & integrity. Information is encrypted using High Grade Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means no third party can access information, the server is secure, data is backed up in more than one location, & also uses 2 different server firms located away from each other meaning there's absolute no down time, bitcoin traders always have access to 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 & safe-guard clients' privacy through the Secure Socket Layer, SSL technology technique, otherwise known as https:
HTTPS: High Grade Data Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review
XM is a next generation investment broker enabling traders from more than 190 countries around the globe to trade BTCUSD Crypto, precious metals, BTCUSD Trading & energies. XM is one of the leading brokers in the world with over 1,000,000 live trading accounts opened from over 190 countries.
From the founding of the company in 2009, XM has been committed to providing fair & transparent trade conditions for all traders irrespective of their capital worth. BTCUSD traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no requotes and no rejections policy.