Dubai FXM Review 2022: Scam or Legit Broker? from qocsuing's blog

Dubai FXM Review 2022: Scam or Legit Broker?

Dubai FXM is a robot broker launched in 2012 by the Dubai FXM limited. The broker offers a wide range of products, including CFDs in crypto and forex.To get more news about fxm traders review, you can visit wikifx.com official website.

However, it is well known for supporting bitcoin trading through a trading robot known as Bitcoin Up. Dubai FXM popularity skyrocketed during the crypto boom of 2017 due to its association with the robot.Bitcoin Up went viral in 2017 after helping nearly 70% of its users generate hundreds of thousands of dollars in profits within three months by speculating on bitcoin. Like Bitcoin Era, this robot has remained a top choice for investors and is attracting a lot of attention in 2022 as analysts continue to predict another crypto boom.

This means that the popularity of Dubai FXM as a partner of Bitcoin Up is also rising. Users must register on the Bitcoin Up website to enjoy the great benefits associated with this broker. We will discuss these benefits in this Dubai FXM review and offer tips to help users get the best out of it.
How does Dubai FXM broker work?
Dubai FXM is an ECN broker offering low-cost trading to auto-traders. An auto trader is a person who applies a special computer program to perform trading automatically.

Automated trading does not require any skill or expertise. Moreover, you do not have to spend a lot of time managing your account since the program conducts trading automatically. A trading robot relies on a specialized broker as its bridge to the markets.

The roles of the broker include buying and selling the asset on trade as instructed by the robot and facilitating transactions with clients. They also provide leverage, which is a form of loan provided to the trader to help them magnify their trades.
A good example of an auto-trading platform is Bitcoin Up. As mentioned in the introduction, Bitcoin Up is the partner trading robot for Dubai FXM. This means that you need to visit the Bitcoin Up Website and register an account to trade with Dubai FXM.

Trading with Dubai FXM directly is not recommended since this robot is not made for manual trading. Please note that no expertise is needed to trade bitcoin CFDs through Bitcoin Up. You only need to sign up, deposit the trading capital with Dubai FXM, and click the live trading platform.

Dubai FXM Trading platforms
Dubai FXM is specialized for auto trading, and hence users must register through Bitcoin Up to trade with this robot. The broker has a manual trading option, but users must be familiar with the MT4 to trade manually.

We strongly advise against registering with this broker directly since its trading conditions are not the best for manual trading. You must register through the Bitcoin Up robot to get the best out of this robot.

Bitcoin Up connects with Dubai FXM in the background. The robot conducts trading research and automatically relays orders to the broker for execution. Traders who register through Bitcoin Up are offered a powerful but easy to use the trading platform to manage their accounts.

Trading with Dubai FXM through Bitcoin Up is easy and highly recommended for anyone looking for a passive way to earn an online income. You do not need to invest in trading education or spend a lot of time monitoring your account to trade with Dubai FXM through Bitcoin Up.

Dubai FXM Tradable instruments
Dubai FXM offers forex and CFDs trading. Spot forex trading is available for manual traders. As mentioned earlier, this broker is best suited for automated trading. We suggest that you only trade with it through the Bitcoin Up trading robot.
With Bitcoin Up, you can trade CFDs in crypto against crypto and crypto against fiat currencies. Popular crypto against crypto pairs includes bitcoin paired against Ethereum, Bitcoin Cash, Ripple, Dash, and Monero.

Crypto to fiat currencies, on the other hand, includes popular offerings such as Bitcoin paired against the USD, EUR, and the GBP. Overall, Dubai FXM offers over 60 crypto CFDs pairs at a leverage of up to 1000:1. Leverage allows traders with small accounts to bet on big trades. For instance, a $250 account can trade positions worth up to $250,000 when the leverage is 1000:1.

It’s worth noting that high leverage magnifies both profits and losses. Bitcoin Up automatically connects with Dubai FXM risk management features to control risk. These features include the stop-loss and take-profit features. You should read the Bitcoin Up trading manual carefully to understand the risk management process. The guide is explained in layman’s terms and is hence easy to understand for all.