How to Trade on XM Even on Weekends

Trading the financial markets via a broker like XM means getting access to real-time pricing of the financial assets when you want to trade. But, as we all know, the Forex market is only open for 24 hours, 5 days a week. So, what if I want to trade on weekends and public holidays? Does it mean that I will not get real-time pricing of the financial assets I want to trade? And in that event, what do I get to trade on those selected days?

In today’s post, we will be looking at some of the financial instruments available in XM that allow traders to access the markets 24 hours, 7 days a week.

With these financial assets, weekends and holidays are just like any normal working days. And if you are the type of trader who wants to make money even when all the other popular financial instruments are closed, then you are reading the right post.

Before we look at these assets, though, let’s first learn a thing or two about XM Global.

What is XM?

XM is one of the most popular forex brokers in Kenya. At XM, you can trade over 1000 financial instruments spread across cryptocurrencies, individual stocks, commodities, precious metals, energies, equity, and thematic indices.

Interestingly, XM charges zero commissions on some of its account types; offering leverage of up to 500:1.

It’s needless to say that XM also offers tight spreads and no re-quotes.

How to Trade on XM Even on Weekends

Trading on XM even on weekends is easy. Once you have decided in the account type you want to create on XM, go ahead and lock it in.

For standard or micro account types in XM, you will get an account that offers:

• As low as 0.013 in spread
• Minimum trade at 0.01 and maximum at 100.
• Dynamic percentage of 2%
• And you can trade on the MT5 platform

If you choose to go with an ultra low standard or an ultra low micro account, you will get these features:

• At least 0.009 in spread value
• Minimum trade volume: 0.01
• Maximum trade volume: 100
• Dynamic margin percentages
• Short wap value beginning at -.045, and you can trade on both the MT4 and MT5 platforms.

XM Account Verification

XM offers some of the easiest-to-verify account types. In Kenya, you can verify your XM account with only your ID.

If you are not sure how to go about the XM account verification process, watch this video that I did earlier on YouTube.

If you prefer reading, spare some time from your busy trading schedule to read this post: How to verify your XM forex account with ID only.

Trading on XM on Weekends

As earlier mentioned, the forex market is only open 24 hours 5 days a week.

This means, trading the financial markets on the weekends is nearly impossible. Except, in race circumstances, some indices are open on weekends.

At XM, there are a handful of such financial instruments that you can trade any day, any time; weekends and holidays included.

Which of these assets you ask? I am talking about the crypto pairs offered on XM.

Here are some examples of crypto pairs to trade on XM on weekends and during holidays.

Frequently Asked Questions.

Can I access XM crypto pairs if I have a Forex Islamic account?

Yes.

For those who are not familiar with these account types, the Forex Islamic account provided by XM is a swap free account.

The account does not rollover interests on overnight positions, and it is just as easy to create as any other account type on XM.

If you want to create a Forex Islamic account on XM, use this link to access the official website.

2. Will I still be able to use the XM copy trading feature if I trade on weekends?

Yes.

The XM copy trading feature is available for all users on the XM platform.

And how does the XM copy trading feature work, you ask?

It’s simple, once you have created an account and funded it, just go to the copy trading tool by XM to copy trades by experts on XM.

It’s also worth mentioning that the XM trading community is huge, with over 10 million clients.

This means there is no shortage of strategies to follow, even if you do not know how to trade.

Lest I forget, you can copy these signals on the web, iOS, and Android.

On my next TikTok live, I will also show you how you can earn by sharing your trading expertise on the XM copy trading platform.

3. How do I create a real account on XM?

If you are watching me write this article, tap on my profile and click on the XM logo to create your real account.

Otherwise, you can also wait until this live is over and create your account on my website with link, www.joon.co.ke/visit/xm/

Once you are on the website, choose your country of residence, enter your email address, choose a password, agree to XM terms, and then click on the green register button.

It’s that simple. Within 5 minutes, you will have a working forex trading account.

4. Can you also show me some trading tools that I can use in XM?

No worries, XM has lots of trading tools that are built on the platform and are free to use by all traders.

Some of the most popular Forex trading tools that you will find on XM for free are:

1. 1. Pip Value Forex Calculator
   2. Forex Margin Calculator
   3. Margin and Leverage

Other tools that you will also find on XM for FREE are all in one calculator, currency converter, a swap calculator and profit and loss calculator.

I hope I answered all your questions that you had about trading at XM even on weekends.

If you want to read this post, go to my TikTok profile and click on the link at the top to read it. I will have posted in 5 minutes.

Also, feel free to ask any questions in the comment section of this post.