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Thread: XM vs Xness

  1. #1
    Any comment on which is the more reliable of both.

  2. #2
    Quote Originally Posted by ;
    Any opinion on which is the more reliable of both.
    I did not exchange with XM, but I trade with exness. I enjoy that the execution rate is really large and sreads are tight. The best thought is instant withdrawing

  3. #3
    Appreciate your answers all

    Does either Xness of Xm provide nanlots ie 100 units of currency

    Or can any of you guys recommend a broker who does permit nano lots and leverage at 400:1 (IBFX AU used to provide both I got an email they've sold out to FXCM so I decided not move, like I dont think FXCM delivers high leverage nanlot trading)

  4. #4
    Quote Originally Posted by ;
    enjoy your replies all Does Xness of Xm offer nanlots ie 100 units of currency Or can any one of you guys recommend a broker who will permit nano lots and leverage at 400:1 (IBFX AU utilized to offer both I got an email they've sold out to FXCM so I decided not move, like I dont think FXCM offers high leverage nanlot trading)
    Hi. Exnes have leverige from 2:1 up to 2000:1, but minute size of lot is 0.01 just...

  5. #5
    Quote Originally Posted by ;
    appreciate your answers all Does Xness of Xm provide nanlots ie 100 units of currency Or can any of you guys recommend a broker who does allow nano lots and leverage at least 400:1 (IBFX AU used to provide both I got an email they have sold out to FXCM therefore I decided not move, like I dont believe FXCM delivers high leverage nanlot trading)
    I presume Oanda does complimentary size, which can be nanolots too.

    However, I think that in the event that you have say 20$. . .trade micro 0.1 lot =1 cent/pip...I really don't see the way to go lower than that.
    And 20$ is a theater ticket popcorn and soda... if your micro account last for more than 2 hours, a fantastic deal already!

  6. #6
    Too much hype about Xness. It appears like Instaforex's sister. They are so alike

  7. #7
    Quote Originally Posted by ;
    too much hype about Xness. It appears like Instaforex's sister. They're so alike
    #8203;
    #8203;humorous joke lol
    as like as chalk and cheese.

    #8203;I watched insta -fx in many black lists on various sites and there're many claims that they're scam. Everybody knows about it.
    #8203;
    #8203;

  8. #8
    What about XM, found a place where somebody asserts XM cancelled all his/her open transactions and previous closed trades profit and refused payout

    Quote Originally Posted by ;
    I begin using this broker ancient 2014. I've Debit card. Suddenly they close my account. They even shut my debit card. I email to them asking for explanation, but they din clarify anything. That is my first time having this kind of problem after 5 years trading with different broker. When client start making profit, can it be the manner XM will cure their client?
    They write to me:
    Dear Sir
    We are writing in connection with your Accounts (hereinafter #8220;your Accounts#8221;-RRB- with Trading Degree of Financial Instruments Ltd. (#8220;Trading Point#8221;-RRB-.
    In that respect, our Anti-fraud Department has brought to our attention that the trading patterns in your Account(s) raise serious issues that your Account was being used for #8216;arbitrage#8217; actions.
    Pursuant to the terms and conditions these actions happen to be qualified as fraudulent.
    Thus, we regret to inform you that, in accore with the terms and conditions, we have decided, with immediate effect to, (I) close all your trading Accounts with Trading Point, (ii) to ify all transactions carried out in your trading Account(s) with Trading Point, and (iii) to cancel all profits or losses garnered in your trading Account(s) with Trading Point.
    Please note that, in accore with the terms and conditions, our decisions are final and binding on all participants and that, other than the notifiion set forth herein, no further correspondence will be entered into.
    Launched here http://www.forexfraud.com/forex-brok...ts-review.html

    I have heard of brokers denying withdrawal, I have heard of brokers moving bust but not heard of a broker ifying all prior trade profits.... scarey as hell .... Wonder whether the XM rep would care to remark

    Scary as hell

  9. #9
    I tried both.
    I believe in a way both is OK.

    However, as much trading things, it's EXNESS the thing to do, and ECN account.
    The cost, spread commission will by far beat XMs spread. I also find implementation speed faster on Exness.

    The only person who can benefit from XM are IBs who can acquire many traders to register. . .larger spread on XM signifies more cashback into IB.

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