How do you win a forex contest?

How do you win a forex contest?

Risk a large % of your account on each trade. Get a high win rate by having a wide stop loss or no stop loss at all. Go all in at the late stage of a trading contest. Sign up a trading contest with multiple entries, the more the better.

Is XM global A good broker?

Founded in 2009, XM Group is regulated in two tier-1 jurisdictions and one tier-2 jurisdiction, making it a safe broker (average-risk) for trading forex and CFDs. Overall, the broker is not a stand out for low-cost trading when compared to pricing leaders such as CMC Markets and IG.

Can you trade indices on XM?

Advantages of Equity Indices Trading with XM 6 Asset Classes – 16 Trading Platforms – Over 1000 Instruments. Trade Forex, Individual Stocks, Commodities, Precious Metals, Energies and Equity Indices at XM.

Is XM a broker?

XM is an online broker whose parent company is Trading Point Holding, a global CFD and FX broker founded in 2009.

How long do XM withdrawals take?

within 24 hours
Your withdrawal request is processed by our back office within 24 hours. You will receive your money on the same day for payments made via e-wallet, while for payments by bank wire or credit/debit card it usually takes 2 – 5 business days.

Is XM legal?

Is XM Group Safe? Yes, we consider XM a safe broker for Malaysians to trade with. It maintains regulation from some of the world’s top regulators, including CySEC of Cyprus, the UK’s FCA, Dubai’s DFSB, ASIC in Australia, and the IFSC of Belize.

Does XM have volatility 75?

No – although XM offers 20 equity indices, it does not offer a market on the Volatility 75 Index.

What is the minimum withdrawal in XM?

$5
What is the minimum deposit/withdrawal for a trading account? It is $5 for MICRO, STANDARD and ZERO accounts.

What is XM leverage?

Using leverage means that you can trade positions larger than the amount of money in your trading account. Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.

What is 1 pip on US30?

The pip value of 1 units of US30 is US$0.01. The 1 pip size of US30 is 0.01, so if the US30 price is 1.23, the 3 represents 3 pips.