Regulated BTCUSD Broker Info
Online bitcoin broker regulation is the most sought after qualification by bitcoin traders when it comes to choosing an online Trusted BTCUSD Broker to open a bitcoin account with. Regulation is what makes an online bitcoin broker to be considered as a Trusted BTCUSD Broker, When it comes to XM Group, this online BTCUSD and bitcoin broker group is regulated & licensed 3 countries: Cyprus, Australia & Belize. XM bitcoin broker Group regulation licenses are shown below & any other additional regulation data can be found on XM Regulation Webpage.
XM Group (XM) is a cluster of regulated 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 and is regulated by the Australian Securities & Investments Commission (ASIC 443670) & XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Listing:
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 Bitcoin Trade Broker Rating
1. Cyprus
Regulated by Cyprus Security and Exchange Commission, its Registration 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 FSC (FSC000261/158)
XM broker is devoted to complete 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 depends on trader's country of residence.
MICRO account allows you to trade with micro lots, lower level of risk & it has minimum initial deposit of $5.
STANDARD account allows you to trade with standard lots & 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 for every $100,000 transacted. Finally, XM ULTRA LOW account allows you to trade with either micro or standard lots, lower spreads beginning from 0.6 pips and 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 designed for traders searching for Islamic btcusd brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their website once they have opened an account, in this member area or mycabin area you as a trader can deposit/withdraw your funds at any time. By clicking my account and then clicking deposit button then fill the details, for withdraw just click my account & then the withdraw button. Withdraw Requests are also processed on the same business day and receipt of funds is issued within the same day.
What Trading Instruments are available on XM
- Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver and BTCUSD CFDs
- Energies - Crude Oil CFDs
- Online BTCUSD CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade FX, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online BTCUSD CFDs
Bonus on Bitcoin Account Deposit & Loyalty Bonus
1. Free VPS for traders who maintain a min account equity balance of USDUS--Dollars 5,000. No ending date for the promotion:
2. $30 Non Deposit Acconut sign up Bonus for new clients only. No ending date for the bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus up to $500 and 20 % deposit bonus up to $5,000. No ending date for the promotion:
4. XM Loyalty Program provides clients XMPoints XMPs per lot traded. These XMPs can be redeemed at any time for credit bonus which can be used for trade purposes only. No ending date for the promotion:
* Bonus and Loyalty Program aren't eligible for clients registered under Trading Point of Financial Instruments Limited.
Leverage
Max Leverage* is 1:888
Leverage* "This leverage is not available to all entities of the Group. Max leverage for customers signed up under the EU European Union regulated entity of the Group is 30:1".
No Re quotes Policy
No-re-quotes policy means this bitcoin broker does not requote the traders as this is a no dealing desk btcusd trading broker, the execution accesses interbank network meaning they have a variety of liquidity providers to take up the bitcoin orders instantly form this internet-work of banks. This bitcoin broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing desk bitcoin broker and a No-Requotes Policy Online BTCUSD Broker.
Software Platforms Bitcoin Platforms
MetaTrader 4 & MetaTrader 5 softwares are available for PCs, MACs, Smartphones & 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 web browser.
BTCUSD Trade Practice Accounts
A Demo is a free practice trade account given to beginners to practice trading in MT4 and MetaTrader 5 softwares: it provides full & unlimited access to the features of the MT4 and MT5 platforms that include trading, charting & EAs automated trading.
Registration of the practice demo bitcoin account is meant for traders to practice BTCUSD Trade with this demo bitcoin account. NB: Demo accounts will be stopped out if they are inactive for more than 90 calendar days.
Security & Reliability
XM btcusd platform is designed with high standards in terms of security, privacy, reliability and integrity. Data is encrypted using High Level Encryption Keys (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 strategy, otherwise referred to as https:
HTTPS: High Grade Information Encryption Keys (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Broker 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 & energies. XM is one of leading btcusd brokers in the world with over 1,000,000 live trading accounts opened from over 190 countries.
From establishment of the company in 2009, XM has been committed to providing fair and transparent trade conditions for all traders irrespective of their capital net worth. BTCUSD traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no requotes & no rejections policy.