learn to trade the forex
This account offers all the perks a big trader may need. XM is the trading name of Trading Point Holdings Ltd, the leading financial services company in Cyprus. While XM Group is not an ECN broker, it is still the best broker in Europe and it is registered with all the major European regulatory agencies FCA in UK, BaFin in Germany, CNMV in Spain, Consob in Italy and ACP in France. In January 2016 XM had over 500,000 clients worldwide, making it one of the largest forex brokers in the world. While some traders may be surprised that I reccomend a broker based in Cyprus and also a Market Maker for large accounts, the truth is that after trying lots of brokers I ended up doing most of my trading with XM. This broker never failed me and I am trading large volumes with them for over two years already. One thing that makes XM different from other Cyprus based brokers is that XM Trading Point of Financial Services is not based in Cyprus because it was cheaper or the regulation was softer. XM is based in Cyprus because the people behind this broker are Cypriots themselves. The founder and CEO of the company is Mr. Constantinos Cleanthous and all the management is comprised of Cypriots as well, so it was just a normal decision to set the company in their home contry. Before starting trading on a real account, forex beginners need to learn and understand basic concepts of currency trading, to get acknowledged with types of trading strategies and forex platforms, to know what can be spreads and leverage in forex, to remember the basic principles of risk management, and to understand the importance of licensing in the forex industry.
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Market analysts and strategists can also register themselves as an expert to submit articles here.
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A Beginner also can work on news trading easily.
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learn to trade the forex