No scalping on XM?Summary of scalping transactions on XM.

In this article.XMThis section describes scalping trading in the

Scalping is not prohibited at XM.

XM website.to [allow scalping]. It states.

It is not against the terms and conditions, so there is no need to worry about account freezes or withdrawal refusals when scalping with XM.

There are also no restrictions on minimum holding times or minimum number of positions.

While some brokers have banned scalping due to server load problems, XM lets you freely scalp!

Scalping using EAs (automated trading systems) is also possible.

Scalping with EAs (automated trading systems) is also permitted under XM.

Many brokers allow discretionary scalping, but prohibit scalping with EAs (automated trading systems). However, it is not prohibited in XM.

For those considering using a scalping EA, thank you very much!

However, care should be taken when running EAs on multiple accounts.

 

This is because XM prohibits [double trading between multiple accounts], and depending on the logic of the EA, it could be considered double trading and treated as a violation of the terms and conditions.

If a scalping EA is to be run on multiple accounts, the logic needs to be structured in such a way that it does not go both ways.

For more information on how to unlock both sides of the house with XM, see the following article.

Advantages of scalping with XM.

The spread (price per trade) is an important factor in scalping trading, but XM's spreads are not particularly narrow compared to other brokers, so it cannot be said that XM is necessarily suitable for scalping in this respect.

However, there are also advantages that cover this, so here are four advantages of scalping with XM.

XM's unparalleled high contracting power.

In scalping, where trading is done in short periods of time, the ability to execute trades is so important that it is a prerequisite.

In scalping, profits and losses are small, so the slightest discrepancy in execution can make a big difference and ruin the balance of payments.

With XM, 99.351 TP4T of all orders are executed within one second, and its high execution power and speed of execution is unmatched.

Furthermore, slippage is almost non-existent in normal times. This is another advantage of scalping with XM, as the more often slippage occurs, the more negative impact it has on the total cost.

XM leverage up to 888 times.

XM's maximum leverage is 888 times. This is much higher than the 25 times leverage in Japan, where leverage is regulated, and is likely to be much higher than with other international forex brokers.

Therefore, XM allows you to make large profits even when scalping with small amounts of money. It is ideal for those who want to increase their funds quickly and make money from small amounts by scalping.

In addition, leverage can be used as heavily as desired, as losses are not cut until the margin maintenance rate falls below 20%.

A Zero account is available.

The main feature of XM's Zero account is that it offers very narrow spreads with a minimum of 0 pips.

Spreads are very important when scalping, and a Zero account allows you to trade at an advantage.

However, there are a few caveats to the Zero account. These are trading fees, leverage and bonuses.

 

Spreads are narrow, but a transaction fee of ¥1,000 (per 100,000 currency units) is charged, so even a spread of 0.1 pips will cost a total of 1.10 pips.

In addition, leverage is set at a low 500x and deposit bonuses are not eligible. When considering various aspects, a standard account may be more advantageous, so consider this carefully when opening an account.

For more information on XMTrading's account types, see the following article.

https://foreveryoungnews.com/go/1ml2/

What to look out for when scalping with XM

Zero accounts have limited trading conditions.

The first point to note when scalping with XM, is that [zero accounts have limited trading conditions].

Zero accounts have narrower spreads and more restrictive trading conditions than standard and micro accounts.

A particular misconception is that zero accounts are not eligible for bonuses. Note that if you transfer funds from a standard or micro account to a zero account, all bonuses will disappear.

With a zero account, you have to scalp with all your own money!

Scalping does not earn XM points.

XM has a [XM loyalty programme] that all account holders can automatically participate in.

This loyalty programme earns [XM points], which can be exchanged for bonuses or cash.

As a reminder, scalping trades do not earn XM points. This is because the condition for earning XM points is fixed at [holding a position for 10 minutes or more].

And remember, zero accounts are also not covered by the loyalty programme!

For more information on XM's XM points, see the following article.

summary

This article describes scalping trading at XM.