1.a. MiFID Intro.
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First of all, complete your registration. Then, you will be asked what type of currency you want to manage your account. These are your options at XM Group page: Proceed with the selection of payment method — aka the ways you will make deposits and get your claimed withdrawals after getting profits. Islamic account, known as swap-free accounts, which implies no swap or rollover interest on overnight positions, which is against Islamic faith.
XM Group offers Islamic accounts to clients following the Muslim faith. XM Group broker is a typical market maker. The maximum leverage offered is This leverage applies to all the EU regulated entities of the group. If you want to, you can take the benefits of various trading approaches at XM system like hedging, scalping and using auto signals.
Click here to view the current swap charges. Proof of Identity and Proof of Residency.
Simple as it is.