XM

XM

Category

XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission. Our clients benefit from direct access to the financial markets in over 300 financial instruments. This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs with transparent real-time pricing, low spreads, and flexible leverage.

We value business efficiency – this is why we regard speed and fairness as crucial.

XM detailed information and reviews

*Clients registered under the EU regulated entity of the Group are not eligible for the bonus.
* CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.89% 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.

Pros

  • up to 1000:1 Leverage. *This leverage is not available to all the entities of XM Group. Leverage depends on the financial instrument traded.
  • 16 Platforms, including MetaTrader4/5 and webtrader
  • Deposit Bonus up to 5 000 USD. *Clients registered under the EU regulated entity of the Group are not eligible for the bonus
  • Webinars
  • Tutorials
  • Account Funding 100% automatic
  • IB partner program with tailor made solutions for every partner
  • Minimum deposit is only $5
  • Tight forex spreads
  • Currency converter available on official site
  • Comfortable and safe trading

Strong selling points of XM focus on its NO Requotes, No Rejection Policy as well as its tight spreads which combined with its No Minimum Deposit Policy attract medium size traders which seek for an MT4/5 broker with clean trading conditions with NO high minimum deposit limitations.

Account Types

Micro Standard XM Zero
Base Currency Options USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD,ZAR
Contract size (lot) 1,000 100,000 100,000
Minimum Initial Deposit USD 5 USD 5 USD 100
Leverage Flexible Flexible Flexible
Spread on all majors As low as 1 pip As low as 1 pip As low as 0 pip
Commission No No Yes
Lots restriction per ticket 100 lots 50 lots 50 lots
Hedging allowed Yes Yes Yes
Islamic Account Optional Optional Optional

Figures should be considered as a guideline – Tailor made solutions can be arranged to accommodate for each client’s needs. If the deposit currency is not USD, the indicated amount should be converted to the deposit currency.

XM broker offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, XM allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.

Regulation of XM

  • Trading Point of Financial Instruments Pty Ltd is authorized and regulated by ASIC (AFSL no. 443760).
  • The full information can be found here: http://www.xm.com/regulation
  • Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10)
  • Trading Point of Financial Instruments Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC 443670
  • XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission

Though XM is not no spread forex broker, the spreads are tight and are in the fair range of the industry. From default spreads are set to variable with EUR/USD set to an average of 1.9 pips.

XM Trading Information 2024

WWW https://www.xm.com/
Address 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
Headquarters Limassol
Free phone +357 25029900
24 hour support L
Partnership programs L
Expert advisors L
Free education L
Bonuses, Promotions L
Sponsorship contests, competitions L
1st deposit bonus L
Mobile trading L
Automated trading L
Demo account L
Swaps L
24/5 trading L
Scalping L
Hedging L
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors 1-1.9
Spread Type Variable
Maximum Leverage 1000
ECN, $
STP, $
Standard account, $ 5
Mini account, $ 5
Popular payment methods Multiple Local Payment Methods Available
Account currencies EUR, USD, GBP, JPY, CHF, HUF, PLN, RUB, SGD, ZAR
Available assets Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs
Languages support in 29 languages: Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Turkish, Hungarian, Polish, Swedish, Malay, Thai, Vietnamese
Platforms MetaTrader4, MetaTrader5, XM Webtrader
Broker type Broker
Regulation ASIC, CySEC, IFSC
Foundation 2009

2 Comments

  1. Tafazal

    Professionals who can be trusted, the XM platform, reasonable prices, and competitions make trading with them enjoyable.

    Reply
  2. Raameen

    With XM, I had a wonderful experience. They provided excellent support, always responded quickly, and were very helpful with all of my issues.

    Reply
Average
5 Based On 2

Submit a Comment

Your email address will not be published. Required fields are marked *