Can you trade options with XM Group?
XM Group does not offer options trading. However, you can trade CFDs on cryptocurrencies, stocks, indices, spot metals, and energies. TU experts will tell you more about trading opportunities in the XM Group review and help to find a suitable option if you are interested in options trading. Check out the article titled Best Forex Options Brokers, which features a rating of companies that offer options trading opportunities.
Available markets at XM Group
The XM broker has decided to focus directly on providing services for active trading.
The company has achieved good results in this area by constantly improving platform technology and data transmission systems. The broker offers more than 1,000 trading instruments. XM Group is one of the few brokers that provides access to such assets as cotton, palladium, and CFDs on individual company stocks in addition to traditional instruments. Everything is provided to create complete correlation trading systems and a diverse investment portfolio. Cryptocurrencies are expected to be added in the future.
Because the XM broker focuses on active trading, there are no PAMM accounts or direct copy trading. Traders can connect to the MQL5 service directly from the platform, where they can copy the trades of individual traders, participate in algorithmic developments, and discuss trading topics.
The table below features a comparison of products offered by XM Group and those offered by its competitors RoboForex, EXNESS, AMarkets, Admiral Markets, and IC Markets.
FAQ
Can you trade options with XM Group?
No, the broker does not provide the opportunity to trade options.
What trading instruments does XM Group provide access to?
XM Group focuses on active trading. The list includes more than 1,000 assets: CFDs on currencies (including cross rates), stocks, stock indices, precious metals, energies, and cryptocurrencies.
What amount do you need to start trading on theXM Group platform?
Micro, Standard, XM Ultra Low, and XM Zero accounts have a single starting amount of 5 USD. The platform provides leverage of up to 1:888 (up to 1:30 for citizens of EU countries). Spreads depend on the chosen plan: Micro, Standard — from 1 pips, XM Ultra Low — from 0.6 pips, and XM Zero — $3.5.
Is XM Group suitable for beginners?
Yes, the broker offers loyal conditions for beginners. The platform provides education. There is also the option to practice without risk on a demo account. The entry threshold is low.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.