If you are a Forex Trader or you have just started researching about it, you might want to try XM, a leading Forex and CFD Trading Platform. But the first thing that you needed to confirm is whether the company opens Forex Trading accounts to local clients. Unfortunately no, XM doesn't open Trading accounts for clients living in British Virgin Islands. However, you might be surprised but don't feel disappointed, we believe that you might want to try eToro instead.
ETORO: THE BEST ALTERNATIVE TO XM FOR CLIENTS IN BRITISH VIRGIN ISLANDS
eToro is a Trading platform allowing investors to Trade on +2000 financial instruments. eToro’s most popular feature is CopyTrader, a functionality on it's Trading Platform that allows you to view what real traders are doing in real time and copy their trading automatically. Did we mention that they offer Stocks at 0% commission? Well, they do. That's why if you were looking to open an account with X to trade American Shares in particular, you might want to check out eToro's offer.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.