Top Forex Broker: XM Forex Broker

Hello Traders!

We made reviews of 24fx, forex, Trade12 ,Markets,Vantagefx,Avatrade, Instaforex, Mxtrade and we will keep doing  it, as long it is beneficial to everyone.

Getting to know a specific broker by a satisfactory and comprehensive review is the best way to become certain and decide whether it is right for you.

XM is located in Cyprus with representative offices operated in the strategic locations of Hungary and Greece. XM, is a Forex broker that is maintained by Trading Point of Financial Instruments Company.

XM hides no threat to personal data and money customers give in the system. XM was founded back in 2009 and up to this moment it has achieved good reputation and an audience with over 100 thousands of clients.

Currently, XM employs more than 180 experts with long year experience in the financial industry.

XM Customer Support Services Information

This company offers 24/5 customer support and you can ask for some help or additional information. You can contact XM customer support representatives via email, live chat or phone call. The support services are available in different languages – Arabic, Bulgarian, Chinese, Czech, Dutch, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Romanian, Russian, Slovakian and Spanish.

XM Account Types

• Demo Account -  is for beginners in trading. XM offers you $ 1000 as free trades. Just to give it a try first, before funding your account.

• Standard Live Account - requires a minimum deposit investment of $ 5. It comes with satisfactory features and good facilities.

• Micro Account - this option gives you the opportunity to have two XM accounts without second verification.

• Islamic Account - is for customers from the Islamic world with the same options as those from the standard live account.

Payment Methods Available

Here are all the available payment methods at XM broker: credit cards (VISA, VISA Electron, MasterCard, Switch, Solo) bank wire, Neteller, Moneybookers Skrill, Western Union, MoneyGram, WebMoney, China UnionPay, SOFORT, iDEAL. 

XM Trading Platforms

The client can choose from the web-based platform of WebTrader and the popular software MetaTrader 4 for your desktop.  However, if you like trading on the go, you are also welcomed to use the mobile version of XM website. Use your tablet or smartphone to download and install the amazing XM apps – for iOS or for Android-based mobile device.

XM Bonus System

We are finally reaching the most exciting part of the review, Bonuses from Xm.com!

• Xm offers the No deposit welcome bonus and gives you $30 to start with. You just need to be a new client and open a live account on the website.

• 100% welcome bonus and it  doubles your first investment in XM website, which means the more you deposit, the more your bonus will be. You can get up to $ 3000.

• The XM loyal customer program is made for the regular clients and provide different privileges, as well as seasonal bonuses

• Free VPS services 24/7

• No commission or fee for withdrawal or deposit

• Free month Forex contests, where you can win up to $ 20 000

According to the review, XM is a reliable broker with remarkable bonus system  and with really good trading facilities fit for beginners and more advanced online traders.

Try their Demo account first and do a further research, If you feel you need to learn more about the company. Learn more about Top Forex Brokers by visiting related link.

FIBO Group: The Most Transparent Trading Conditions

Discovering the best Forex brokers for your needs is not that easy. However, with the help of the many reviews available, recommendation and research it becomes a much easier to decide.

FIBO Group is the name, a brokerage company which has been in operation for almost two decades.

FIBO Group has been established in the Forex industry since 1998. There are two main centers of operation, both of which are licensed and regulated. In Europe, FIBO Group Holdings Ltd is a forex broker company with offices in Limassol Cyprus, and comes under the regulation of CySEC. 

FIBO Group Trading Accounts

FIBO Group offer clients a good selection of trading accounts. Whatever type or strategy you approve, there will be an account that is appropriate for you.

·         MT4 NDD account - Minimum deposit $300

·         cTrader NDD account- Advanced trading platform

·         MT4 NDD No Commission Account - No CFD trading

·         MT5 NDD account - Minimum deposit $500

There is a demo account option together with Islamic accounts. FIBO Group bonuses are not available right now.

However,  fibogroup.com  is currently running a free Forex contest “Trader’s Triple Chase” with the opportunity to win $25,000. But in order to join this contest,  you will need to open a FIBO Group MT4 NDD demo account.

FIBO Group Trading Platforms

·         MT4 and MT5  - MetaQuotes trading platforms are available for real live online trading and FIBO Group demo accounts.

·         cTrader platform -  For trading Forex using NDD technology. Orders take, on average, less than one millisecond, allowing you to make transactions with minimum slippage.

·         Myfxbook Autotrade - For those who choose automated trading. This simple and reliable automated trading platform lets you copy trades of successful traders to your very own account.

FIBO Group Trading Tools

The mission of Fibo Group is to offer transparent online trading services in Forex and CFD (Contracts for Difference) markets. They have more than 42 currency pairs, and more than 20 CFDs are available for trading, leverage of up to 200:1, with low spreads from 0 pips for the main currency pairs and cross rates.

Fast and Flexible Deposit and Withdrawal

A wide choice of payment methods is available. Payment methods include bank transfers, electronic payments via webmoney systems and the usual credit cards. You can open an account in EUR, USD, EUR, GBP, and CHF.

FIBO Group Customer Support

FIBO Group have 24 hour customer support via  live chat option, via Fax, telephone or email.

The only thing that is not convenient, especially for the newbies is their shortage of educational material

It is very important for brokers to take accountability for educating their clients, instead of just assisting orders.

This Forex Broker Company have enjoyed a good reputation for so many  years and the point that you can open different demo accounts means you can try everything before taking a risk.

So much for this today, there are still few Best Forex Brokers  like MXTrade Netotrade and xtrade, FBS ,  Trade12 and a few more that I am considering, but that will be in my next post. Feel free to share your choice of Best Forex Brokers in the comment below.

OctaFX and xCFD Right Forex Broker for You?

OctaFX was first registered in 2011 and is the brand name of Octa Markets Incorporated. Headquarters are in St Vincent and the Grenadines, and OctaFX acts in agreement with international regulations and legislation.

You will be happy to know that it is licensed and regulated to offer its financial services in many countries around the world.

OctafX may be a newbie in the field of Forex, but it has already received some important awards. The Global Banking and Finance Review, and the Forex Report Magazine have both awarded OctaFX a high level of recognition. In 2014, it was awarded Best ECN Broker in Asia, as well as the Best Broker Central Asia.

There are a number of different bonuses from OctaFX, as well as a variety of promotions, contests, and promotional programs.

OctaFX has an broad education center with a great FAQs page, along with manuals, a glossary, and some helpful Forex trading articles.

OctaFX Trading Platform

MT4, and the new cTrader, are the choices presented for a trading platform.

MetaTrader 4 (MT4) – This user-friendly platform has become a favorite for many traders and brokers. 

cTrader – This software solution is a relative new, but is already attracting a lot of interested traders.

Different Types of Trading Account

MetaTrader 4 Micro Account – The Micro Account requires a minimum deposit of only $5, which is good for any beginner, or for those with a very limited budget.

MetaTrader 4 ECN – This account requires a minimum deposit of $50. 

cTrader ECN – Things slightly change with a cTrader ECN Account as it is a no swap type of account. The minimum deposit is for only $5. Minimum trading volume is 1,000 of base currency, but the maximum is unlimited. Trading tools consist of 48 currency pairs, and gold and silver.

Payment  Methods

All the regular payment channels are supported by OctaFX, including bank wire transfers, Skrill, major debit and credit cards, along with UnionPay. Traders can deposits either in USD, or EUR, with the minimum deposit being only $5. Withdrawals have extra security protection, as an email is sent to authorize the request before the withdrawal can be made.

Now  that you have an idea  about OctaFX, feel free to visit their website for more information. Do your own research as well and read more reviews  before getting started.

xCFD Forex Broker

xCFD is a relative newcomer to the Forex world, but has nevertheless made quite an impact on the industry.

This Forex Broker is new but made an impact already in the forex industry. It was founded in 2013, with headquarters in New Zealand. However, it  is hard to tell if this Broker is regulated already. 

Some are saying that it is licensed and regulated by either the FSC, or as a financial services provider in New Zealand.

I have checked and  also found out via New Zealand Company’s office that it is currently removed from being registered, according to sources. But unable to find a reason behind the it. 

xCFD have nearly 700 trading instruments. In addition to forex,  there are stocks, commodities, bonds, and indices. Whether you are sitting at the comfort of your home in front of a PC, or on the move and using smartphones or tablets, you can do online trading.

They have different payment methods available. XCFD offers all the normal payment methods. Payments can be made using wire transfer, Skrill, credit and debit cards, and a number of other choices.

xCFD have excellent customer support. For any concerns, you can get in touch with the customer support via phone, 24 hours a day, 7 days a week. Customer support is also available in a number of different dialects. In addition, there is also an email option and the chance to take part in a live chat.

You can start for as low as $100. They are also giving a welcome bonus for beginners.  However, they don't offer a demo account to begin with.

So much for this today, there are still few Best Forex Brokers like MXTrade Trade12 Netotrade and xtrade, FBS and a few more that I am considering, but that will be in my next post. Feel free to share your choice of Best Forex Brokers in the comment below.

FSB Forex Broker: Discover Services of the Finest Quality!

This review is intended  to give you enough information and so you can  compare with  different brokers before making any decision.

It can be really challenging to find the right forex for every individual, for the reason that there are so many to choose from. It is very important to always do some research before choosing your Forex Broker and that goes for any type of investments.

FBS was established back in 2009, so this Forex Broker can be considered knowledgeable in the world of Forex.

The FBS Market Company owned this Broker, who are well known in the financial services business.

They have offices in different Asian cities, including Malaysia, China and Kuala Lumpur. However, FBS does not accept customers from the USA. FBS is an ECN Forex Broker and has won several significant awards.

FBS.com has a great website, with lots of useful information. They have excellent customer service, you can communicate with them via email, phone calls, and live chat support. Support in different languages,  including Russian, Spanish, Turkish, Chinese, and English.

Their selected  currencies for opening an account are the USD and EUR, with a minimum deposit amount of $1. This is  good choice for beginners with a small budget.  They also have an Islamic account available and offers several  striking forex bonuses.

FBS Offers Different Types Of Accounts

·      Cent  Account – This is perfect for beginners as it lets traders to develop real experience, but with lesser risk.

·      Micro Account – with this account type,  traders can enjoy the advantages of fixed spreads and STP trading.

·      Standard Account – Once traders have passed the beginner stage, then they can move onto a standard account. Which is suitable for traders with a little more experience, and those who are prepared to test out their strategies.

·      Zero SpreadAccount – $500 is the  minimum deposit for this account, which makes it a choice for the more serious trader.

·      Unlimited Account – This is slightly different from other accounts, as it is an ECN account. It is the option that most similar to trading conditions in the Forex market.  The minimum deposit is $500, and the floating spread begins at 0.2 pip. There are no limitations on open positions and pending orders, so traders have the freedom to trade as they want.

·       Demo Account - FBS offers a demo account, which is always an excellent way to start a Forex career. 

·       VIP - Having funded your accounts for  $10,000 and traded 50 lots, you will become a VIP client at FBS. You will have the priority in processing withdrawal and deposit requests, your own account manager, VIP gifts, and a VIP client certificate.

Trading platform MetaTrader 4

This is the most famous trading platform in the world. Its unique features , functionality, modern design and user friendliness. It meets the requirements of every trader, and FBS offers  trading security and beneficial trading conditions.

FBS Deposits and Withdrawals

Minimal withdrawal amounts are as little as $1, unless it is via wire transfer, in which case the minimum cost is $50. FBS also offers their own FBS Mastercard, which will cost $20, unless you deposit $500 or more. Then the card will be free.

So much for this today, there are still few Best Forex Brokers like MXTrade Trade12 Netotrade and XM.com that I am considering, but that will be in my next post. Feel free to share your choice of Best Forex Brokers in the comment below.