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  • #1,221
  • Oct 23, 2017 3:44am Oct 23, 2017 3:44am
Quoting dethkult
Dear XM, Got an email today about the 'European regulatory' and transfer to XM Global. Can you explain it in layman's terms? As I'm a non-European trader, is it in my best interest to accept the transfer to continue the benefits of my current trading account?
Dear dethkult,

I have replied to your thread in a private message as the email you have received is something which applies only to specific regions.

Thank you,
  • #1,222
  • Oct 23, 2017 7:36am Oct 23, 2017 7:36am
Quoting XM
{quote} Dear dethkult, I have replied to your thread in a private message as the email you have received is something which applies only to specific regions. Thank you,
Hi Xm,

I received this email too.
  • #1,223
  • Oct 23, 2017 9:50am Oct 23, 2017 9:50am
Quoting ho8628
{quote} Hi Xm, I received this email too.
Dear ho8628,

You have private messaging disabled, please enable it.

Thank you,
  • #1,224
  • Oct 26, 2017 12:59pm Oct 26, 2017 12:59pm
@xm check your PM. you have a message.
don't predict direction, but dance with flow of water
  • #1,225
  • Oct 27, 2017 4:15am Oct 27, 2017 4:15am
Quoting priceaction1
@xm check your PM. you have a message.
Dear priceaction1,

We have replied to your questions in PM as requested.

If you need anything else please let us know.

Thank you,
  • #1,226
  • Oct 27, 2017 4:26am Oct 27, 2017 4:26am
ok.
how much spread can vary in eur/usd during Europe and us section.
don't predict direction, but dance with flow of water
  • #1,227
  • Oct 27, 2017 4:36am Oct 27, 2017 4:36am
let clear all thing.

This is 0.5 standard lot trade. which is closed @ 1.18161 when 20% margin still there.
as per your view market did gove above 1.1817 area. ok
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don't predict direction, but dance with flow of water
  • #1,228
  • Oct 27, 2017 4:44am Oct 27, 2017 4:44am
SO as per this case, Did XM can vary the spread when there is big market move? remember that it was Europ-US section time when the market has liquidity.
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don't predict direction, but dance with flow of water
  • #1,229
  • Oct 27, 2017 5:26am Oct 27, 2017 5:26am
This is what I received from email
is it correct
Attached Image
don't predict direction, but dance with flow of water
  • #1,230
  • Oct 27, 2017 5:29am Oct 27, 2017 5:29am
Quoting priceaction1
This is what I received from email is it correct {image}

Dear priceaction1,

To cover your questions one by one please see below:

how much spread can vary in eur/usd during Europe and us section.

Since XM operates on variable spreads similar to the interbank market, spreads vary according to times of the day. During big news announcements the market is very volatile and spreads widen. This is something beyond the control of XM or any other broker. Its simply how the interbank market works.


This is 0.5 standard lot trade. which is closed @ 1.18161 when 20% margin still there.
as per your view market did gove above 1.1817 area. ok

The Ask price went above 1.1817 more specifically to 1.18174

SO as per this case, Did XM can vary the spread when there is big market move? remember that it was Europ-US section time when the market has liquidity.

As noted above during news announcements the market is very volatile and spreads become wider.

Your statement above is wrong as XM does not vary the spreads, XM reflects the spreads its receives from the interbank market.

Once again as noted above this is something beyond the control of XM or any other broker. Its simply how the interbank market works.

If you need anything else let us know.

Thank you,
  • #1,231
  • Oct 27, 2017 5:40am Oct 27, 2017 5:40am
ok "during news announcements the market is very volatile and spreads become wider" does it means XM use to obey market condition but we never see eur/usd spread less than 1.9
don't predict direction, but dance with flow of water
  • #1,232
  • Oct 27, 2017 5:48am Oct 27, 2017 5:48am
Since XM operates on variable spreads similar to the interbank market,

then why not spread drop below 1.9 all the time.

so we can say that XM offer variable spreads with the lower lock at 1.9 but it can as high as the market goes at any given time.
don't predict direction, but dance with flow of water
  • #1,233
  • Oct 27, 2017 5:58am Oct 27, 2017 5:58am
We expect low spread, low commission, no withdrawal commission. Brokers are not orphanage. How would they be able to pay their staff, run their brokerage and pay traders on withdrawing
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 10.3%
  • #1,234
  • Oct 27, 2017 6:02am Oct 27, 2017 6:02am
If you're into swing trading, spread, commission and negative swap are something you can easily cover up with movement
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 10.3%
  • #1,235
  • Oct 27, 2017 6:17am Oct 27, 2017 6:17am
@ 9jatrader I did trade with xm since 2012 and generate some serious commission for them, But this time I think I deal unfairly.
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don't predict direction, but dance with flow of water
  • #1,236
  • Oct 27, 2017 6:19am Oct 27, 2017 6:19am
Quoting priceaction1
@ 9jatrader I did trade with xm since 2012 and generate some serious commission for them, But this time I think I deal unfairly. {image}
I see your point now.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 10.3%
  • #1,237
  • Oct 27, 2017 6:26am Oct 27, 2017 6:26am
my other trades. with other brokers. it was not big trade for me but I think it was not correct so I put it in front of you people.
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don't predict direction, but dance with flow of water
  • #1,238
  • Oct 27, 2017 6:29am Oct 27, 2017 6:29am
Swing??
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 10.3%
  • #1,239
  • Oct 27, 2017 6:30am Oct 27, 2017 6:30am
Quoting priceaction1
my other trades. with other brokers. it was not big trade for me but I think it was not correct so I put it in front of you people. {image}
Swing trading???
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 10.3%
  • #1,240
  • Oct 27, 2017 6:32am Oct 27, 2017 6:32am
Quoting 9jatrader
Swing??
yes. ( see https://www.forexfactory.com/showthr...2#post10434532) XM account is/was used for high leverage trade. They were good before but now I need clarification.
don't predict direction, but dance with flow of water
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