Online trading has become one of the hottest buzzwords in the financial world. It is seeing more and more retail and institutional investors leaping for
XS.com offers access to first-rate trading platforms, such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The latter was built on the success of the former as a testament to the progress of online trading apps, providing users with a set of complex features designed to meet the various needs of modern traders. Trading with the latest platform calls for a contract with a broker, as it doesn‘t offer access to financial markets by itself. XS.com emphasizes the importance of choosing a reliable and reputable broker that can act as an intermediary and handle transfers on their users’ behalf.
Despite the progress within MT5, MT4 remains just as popular as it was in its heyday, particularly among traders of pairs of currency. It stands out through versatility, intuitiveness, and simplicity for forex trading. On the other hand, MT5 meets the needs of modern investors, such as the demand for broader asset coverage, more trading flexibility, and superior analytical capabilities.
More Account Types
Account diversity is one of XSs strongest suits. The platform offers beginners a standard account that asks for no deposits and commissions and offers a mean spread of 1.1. The cent account and micro account are also tailored to help newcomers grasp the workings of trading.
Seasoned traders can opt for the pro account, which is tied to a minimum benchmark of $500, zero commissions, an average spread of 0.7, and superior trading tools. They can also opt for the elite or VIP account, which has raw spreads and commissions for eligible deposits or average spreads of 0.1.
Lastly, those looking for partnerships with the XS can use the classic account, extra account, or plus account. As you can see, theres something for every type of trader.
Endnote
As emphasized by the XS platform itself, its important to do your research and ensure your chosen broker ticks the most important boxes! After finding the best fit, ensure you stick with safe trading strategies and rules.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00