If you"re in search of a broker that can provide you with trading opportunities on a variety of assets, you may want to consider XM. The company is a top tier online broker that offers trading on stocks, commodities, indices, and forex. It"s regulated by three top financial authorities: the Australian Securities and Investments Commission, the Cypress Securities and Exchange Commission, and the UK Financial Conduct Authority. In addition to being one of the most trusted brokerages, XM also provides a range of features that make it easy to get started.

XM"s website has multiple languages, making it possible for traders from around the world to find their way to the platform. In addition to English, the site is available in Arabic, Chinese, French, Hindi, Italian, Japanese, Korean, Portuguese, Russian, Spanish, and Thai. XM"s website is packed with educational resources, and there are many guides available in English only.

XM has multiple account types that offer flexibility for both pricing and trading structure. Traders can opt for a Zero account, which does not charge a deposit fee, or a Micro account, which requires a minimum deposit of 85 R. Traders can use several different e-wallets for funding their accounts, including Trustly, MuchBetter Wallet, and Skrill 1-Tap.

XM offers traders leverages up to 888:1 for the major currency pairs. There are also higher leverages for more exotic forex pairs, such as the EUR/ZAR, the USD/JPY, and the USD/EUR. Leverage is a feature that most brokerages don"t offer, and XM is one of the few that does. XM also allows South Africans to fund their account without incurring conversion fees.

XM is a highly regulated brokerage, and it abides by some of the same standards as the Financial Services Board of South Africa. Traders can also enjoy a negative account balance protection, which ensures they can"t lose more than their deposits.

XM also provides its customers with a demo account, which lets them get a feel for the system before they commit to an account. A demo account offers $100,000 worth of virtual funds, which gives you an idea of how the platform works.

XM has more than a decade of experience in the industry, and it has a solid reputation. Its diversified portfolio of tradable assets and multiple account options make it a popular option for traders in South Africa. For example, XM offers several markets in the US and Australia, and it covers the vast majority of the stock markets in Europe.

XM"s website offers a news feed that is syndicated from Reuters. XM also integrates with the MetaTrader 4 platform, which offers a range of features and tools for traders. Additionally, XM offers a variety of CFDs for 15 commodities. However, there are a few limitations to the offerings. Although XM does provide live college sports coverage, it doesn"t offer the Tokyo Stock Exchange, the Johannesburg Stock Exchange, or indices for emerging markets.

The XM phone number is available in several countries. You can contact a customer service representative to find out more information on the account, billing, or technical support.

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