If you are new to using an overseas forex broker, you may be concerned about their safety.
Certainly, there are many reviews that say, “I’m worried about overseas FX companies”.
But with an overseas forex broker that meets the following conditions, you can trade forex with the same peace of mind as if you were using a domestic firm!
Those conditions are.
- is safety ensured?
- is the support available?
- many ways to deposit and withdraw money
If these three points are fulfilled, it is generally considered to be possible to use it as much as the domestic FX firm.
And speaking of the overseas FX firm which meets these three points, it is “XM Trading”!
XM Trading, you’re guaranteed your money!
Domestic Forex brokers are regulated by law and have a degree of protection from the public authorities in the event that they go out of business.
Although XM Trading is not regulated by law, the XM Group is authorized and licensed by the Financial Services Authority (FSA) in the UK, Australia and other countries.
XM Trading, as a multinational trading company within the XM Group, is able to comply with the strict laws and regulations of these countries.
Other customer funds are managed separately from the company’s operational funds and are insured by AIG, so that in the event of XM Trading’s insolvency, customer funds would be returned to them.
I can tell you that they’ve passed the rigorous overseas checks!
XM has great support!
XM Trading is famous as an overseas forex trader with good support.
To begin with, XM Trading offers support in many different languages.
They are available 24 hours a day for email, phone and online chat inquiries, and their support is not as bad as other forex brokers!
Many ways to deposit and withdraw money
XM Trading accepts deposits and withdrawals from a number of banks, as well as immediate deposits and withdrawals by credit and debit cards and virtual currencies such as Bitcoin.
There have been no reports of refusals on the part of XM Trading to make withdrawals, except in cases where the customer has violated their terms and conditions.
The ease and security of depositing and withdrawing money is second to none with domestic Forex brokers!