XM

Broker XM is a brand of Trading Point Holdings Ltd. It was founded in 2009 and is registered in Cyprus, with offices located in major cities in Australia and Belize. XM currently provides the following services:

• Forex and CFD trading;
• free trading signals;
• free VPS server;
• autotrading on MQL5;
• learning the trade;
• affiliate program.

XM-regulated broker?

XM Group 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, XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (000261/106).

How are you protected?

XM broker monitors the security of its clients 'funds, so all operations of the company are carried out only through reliable and verified banks, while clients' money is stored in special segregated accounts separately from the company's fixed capital. In addition, all customer deposits are insured up to 20,000 euros by the Investor Compensation Fund (ICF) in the event of XM bankruptcy (protection is only available for customers registered with Trading Point of Financial Instruments Ltd).

What is the maximum leverage in XM?

The amount of leverage depends on the jurisdiction of the company in which you have an account, as well as on trading instruments. So, for European traders, dosThe maximum leverage is up to 1:30 for all Forex currency pairs, and international traders whose accounts are opened with a company registered in Belize can trade with a leverage of up to 1: 888.

What types of accounts does XM offer?

XM Group offers its clients 4 types of account: MICRO, STANDARD, ZERO and ULTRA LOW with low spreads. The MICRO account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5. The STANDARD account allows you to operate with standard lots and it has minimum initial deposit of $5. The XM ZERO account allows you to operate with standard lots, lower spreads starting at 0 pips and it has minimum initial deposit of $100. XM ZERO account has a $3.5 commission per $100,000 traded. Finally, the XM ULTRA LOW account allows you to trade with either micro or standard lots, lower spreads starting from 0.6 pips and it has minimum initial deposit of $50.

Please note that XM Zero and XM Ultra Low accounts are not available for all XM Group divisions.

XM Trading Platforms

The XM brokerage company offers its clients the popular MT4 and MT5 trading platforms, as well as the XM WebTrader web platform.

Features of trading with XM

• Scalping, news trading and Expert Advisor trading are allowed;
• Over 99% of orders are executed in less than a second;
• Complete absence of requotes;
• Ability to place orders by phone;
• You can open up to several types of accounts;
• Hedging allowed;
• A free VPS server is available if you have $ 5,000 on your account and a perfect volume of 5 lots per month, otherwise you can buy a VPS server for $ 28 per month.

Free signals from the XM broker

Owners of real accounts have the opportunity to receive free signals from the leading analyst of XM Avramis Despotis. Forex signals for 10 trading instruments are updated daily at 10:00 and 16:00 GMT: EURUSD, USDJPY, EURJPY, GBPJPY, GBPUSD, AUDUSD, DOW and NIKKEI indices, as well as gold and oil. All signals have an exact entry level, as well as stop loss and take profit placement levels. If you don't have a real account yet, you can create one for free, and then go to your personal account to get access to the signals portal. Now you can test the profitability of signals on a demo account before you start trading on real money.

Autotrading on MQL5

XM also provides access to MQL5 signals. To do this, you need to register on MQL5.com and follow all the instructions on the XM broker's website. Keep in mind that the subscription is for a period of one month, and you can only subscribe to one provider.

Conclusions

In conclusion, it can be noted that despite all the advantages of the XM broker, namely favorable trading conditions, instant execution, no requotes and much more, the company also provides bonuses when depositing funds: 50% to $ 500 and 20% to $ 5,000. In addition, the broker has a loyalty program that allows you to exchange points accumulated during trading for credit bonuses or money. Clients registered under the EU regulated entity of the Group are not eligible for the bonus and the Loyalty Program. Bonus availability depends on the client’s country of residence.