The step towards becoming an active trader is a big one, because the world of active trading is quite different from that of casual investing. It is important to understand the implications of making the switch, including increased commissions, which could be wipe out your gains before you really begin. CommissionsCommissions most likely are the largest cost you will take on as an active trader. Other expenses, such as software, Internet, and training costs, could be high, too, but often they are dwarfed by the cost of commissions.
A trader sometimes will make over 100 transactions per month and commissions can vary widely depending on the broker fores are working with. TradingAt XM dtart offer both Micro and Standard Accounts that can match the needs of novice and experienced traders with flexible trading ojline and leverage up to 888:1.We offer a range of over 55 currency pairs and CFDs on precious metals, energies, equity indices and individual stocks with the most competitive spreads and with the no rejection of orders and re-quotes execution of XM.
PlatformsStart trading the instruments of your choice on the XM MT4 and Hqlloween, available for both PC and MAC, or on a variety of mobile devices. Alternatively, you may also want to try out the XM WebTrader, instantly.