XMarkets offers a huge array of indicators and financial instruments in order to make sure that their clients are on top of their game. Moreover, they provide their traders with plenty of educational material such as articles and videos, free of charge, with the intention of helping those new to trading or those who feel the need for some hints and tips from experienced traders. In addition, they offer one-to-one specialized training with a dedicated mentor. They also, have a considerable selection of online videos designed to help traders not only to learn the basics in the world of trading but also to make sure that they meet their full potential. XMarkets believe that their own success is based on their traders’ success, so traders can rest assured that when they trade with XMarkets, they will receive exactly what they need, when they need it, no matter where they are in the world. Furthermore, their sole purpose is to provide total security by offering segregated customer and operational accounts. This means that traders can trust that their funds are safe and won’t be used for any other purposes other than their intended one which is to trade on the designated platform.
XMarkets Demo Account
Registration is pretty simple and straightforward and takes less than two minutes. Please note that there is a minimum deposit of £250 when you decide to trade with real money. As always, we advise our readers to practice trading with a demo account first before risking their own funds in order to be able to fully apprehend the basics and therefore, make smarter decisions when trading. By doing so, traders not only can sustain their capital but their chances of increasing it is a lot higher than going straight to a real account and trade with real money. It should be noted that even though XMarkets offers a practice account it does not have any funds in it. What this means, is that you can practice the basics and test the waters before diving into the deep, but you cannot actually place a trade and make a profit or loss since there is zero demo money in the practice account. This could be happening with the intention of pushing the traders to switch into a real account much faster than when they would normally choose to do.
Additionally, there is not an option to choose between different account types. All traders trade with the same account type which gives them an equal starting point. Of course, traders should always try to increase their knowledge of financial trading and market trends to make progress. Moreover, there is no mention of any bonuses when depositing funds. The minimum trade is £25 which might be good for an advanced trader, but it is not ideal for a novice trader or simply for a trader who wishes to trade with smaller sums either to control his/her capital or for the mere reason that he/she cannot afford to lose more than that.