XM

Forex broker
368.8
Rating
19
Reviews
$5
Min. Deposit
Trading platform MT4, WebTrader
Regulation CySEC, IFSC, ASIC
Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
Seminars and training
Low initial deposit
Copy trades
Trust management
Islamic accounts
Bonus for replenishment
Telephone trading
Segregated accounts
Scalping
Affiliate program
Wide selection of trading instruments
Advantages
A large selection of payment systems+6
Quickly removes money+6
Regulated by CySEC and FCA+4
There are cent accounts+3
A lot of trading instruments+2
No requotes+1
Add advantage
Disadvantages
In withdrawals bonuses burn+12
Accept deposit by bank transfer but does not release the withdrawal through the same channel...+7
Need to send copies of documents by surface mail for identification passes+2
Add lack

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).

XM

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.

XM

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.

XM

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.

General information XM
Broker NameXM
Year of foundation2009
HeadquartersCyprus
RegulationCySEC, ASIC, IFSC
Trading PlatformsMT4, MT5, WebTrader
EURUSD Spread1.7 points
Demo account+
Minimum deposit5$
The base currencyUSD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR
Maximum leverage1:888 (in EU countries-1: 30)
AssetsCurrency pairs, stocks, indices, metals, futures
Deposit replenishmentMultiple Local Payment Methods Available
The fee for withdrawal
Inaction fee
Islamic accounts+
Segregated accounts+
PAMM accounts
Partner Account+
Scalping+
Automatic trading+
Mobile trading+
Web terminal+
Social trading+
Signals+
VPS+
Deposit Bonuses+
Contests
Support 24/5+
  • The year of Foundation 2009
  • Head office address 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
  • Maximum leverage 1:888
  • Min. Deposit $5
  • Regulation CySEC, IFSC, ASIC
  • Trading platform MT4,WebTrader
  • Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller
  • Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller
  • Number of trading instruments 50
  • The number of CFD instruments 1000
  • The number of futures 10
  • The number of metals 4
  • XM Zero
  • Standard
  • Micro
Show: All Neutral Positive Negative
Neutral feedback from Костя Opinion translated automatically
I have been working closely with this company for the last few months. Torov conditions are good, everything is done for the development of clients. Even a novice, not to mention experienced traders, will understand this. Depositing and withdrawing funds in different ways, which is very convenient. There is also a mobile version. There are commissions for withdrawing funds, they are different, you need to look here. In General, I like everything.
Neutral feedback from Емельянов Opinion translated automatically
What I like is adequate spreads. Output almost immediately. The information is presented in a clear way, you do not need to think anything out. Quite acceptable terms of trade. The overall impression is positive. You can trust the broker.
Neutral feedback from Mark Opinion translated automatically
I decided to leave a review, or rather, their) experiences) DTS – reliable and understandable. First recharge, he came immediately bonus funds, is not deceived. Traded, went into a plus and decided to withdraw. WebMoney brought virtually no problems, it took me a day, but the main money came from. All this was in the beginning of my journey, three years later, many things have changed now and the conclusion faster and fatter bonuses. I advise everyone to experience)
Neutral feedback from Александр Opinion translated automatically
As for me – the best broker licensed to work with large sums of money. With him I'm not afraid to work. Prefer to trade advisers and robots. While flight normal. In comparison with other brokers it's not scary to trade.
Neutral feedback from Владлен Opinion translated automatically
Colleagues, prompt, what those means are, in order:
to spend less on Commission;
- online to be in the exchange, to see applications, glass, volume, etc.;
- get a good analysis (for the consciousness levels to see the trend etc.)?
Thanks in advance for your answers, I want to be the most prepared to start working from this broker.
Neutral feedback from Святослав Opinion translated automatically
Like everything and even more! In terms of spread, trading, personal account, stocks and conditions – it is better not to find!
There are no delays and misunderstood for Deposit and withdrawal.
While large amounts are not deduced, with a little had no problems.
Not going to give reliability guarantees. After all, history tells us how in one moment ruined more large companies...
But here, everything is done, because I'm comfortable.

Negative feedback from Wilson Opinion translated automatically
This broker is a scam, they give you a voucher for you to invest time and then you put obstacles to withdraw your funds. Do NOT waste YOUR TIME thieves. Looking for the minimum in order to seize your money and you can't withdraw by electronic wallets.
Negative feedback from Mariana Opinion translated automatically
I requested a withdrawal (withdrawal) by bank transfer on the day 12/12/2018 and still today 26/12/2018 not have a position of my money... Already talked via live chat 6 times and nothing. Just ask for me to wait for the position of the sector responsible. The strange thing is that I made a deposit via transfer and this was processed in just two days... so I requested the withdrawal through the same channel already ha more than 14 days...Inconceivable !!!
Positive feedback from Марк Opinion translated automatically
Trade on XM recently, like the program to attract friends and bonuses. Problems with money, everything comes to a Bank card within days. While definitely staying with this broker.
Positive feedback from Евгений Opinion translated automatically
Opened on XM several accounts, trade on EUR/USD, some times participated in competitions, enjoyed it. Started out with micro accounts and then started trading. What is not clear, learned from the technical support. There's meet good, competent young man, everything became clear.
Positive feedback from Андрей Opinion translated automatically
Trading with this broker for about a year, so far so good, not had any problems neither with registration, it approximately takes 2-3 hours or withdrawal of funds, trading mainly with advisors, I decide, and technical support they have around the clock.
Positive feedback from Дмитрий Opinion translated automatically
Sell recently, but the amenities are appreciated bonuses for funding the account, the minimum amount for withdrawal - $ 5, which is very convenient. Very quick trades, you can see that the guys are working well. And most importantly convenience for your MasterCard, immediately transferred the money and paid them. About modifying invoice reports SMS notification. Failures.
Positive feedback from Сергей Opinion translated automatically
HMM of course not the first in the ranking, but I think it's because few want to deal with a foreign company. Well, nothing. The spread is low, withdrawal instant, lots of bonuses and contests and a very rapid Russian support in the face of Valentine. Explains everything clear and easy to understand. I like it.
Positive feedback from Антон Opinion translated automatically
I started trading at XM. Liked the way education is organized. Webinars sensible, very helpful. When opening an account there is a bonus $ 30 to your contribution, the amount is small, but good. Tight spreads, I can't say that the lowest, but not much gagging. And plus - a large number of currency pairs, as many as 50. There are plenty to choose from.
Positive feedback from Борис Opinion translated automatically
Three months ago opened an account with this broker. Before even heard about it until I came to this site and have not logged in to XM. Now this is my favorite broker! They have a very cool performance, plus different contests and promotions. Well, about the withdrawal and say nothing, here everything is clear - 2 days on the map. I recommend this broker!
Neutral feedback from Станислав Opinion translated automatically
I decided to try to trade with the broker for micro accounts. I just have no words for how uncomfortable this is. Let's say you open a trade that is clearly on the graph goes to plus and nothing has changed. And only when price has already passed a sufficient distance, the current account is added one cent. It is very inconvenient. I've only seen Their when traded there a couple of years ago. You'd better have a regular account. And so it is a nothing broker. The terminal is not overloaded with unnecessary information, simple and clear. The only thing withdrawal for a long time, I waited two days.
Neutral feedback from Игорь Opinion translated automatically
A good broker, worked with him for 7 months. Trading conditions are excellent, requotes, almost no money is withdrawn on the map for a couple days and e-wallets even faster. There is a bonus, but I never used them, so can't say anything. Broker regulated by the FCA - it's cool! The only big minus is that copies of documents required to confirm identity, you need to send by surface mail. It's a bit annoying, but maybe it's a requirement of the regulator. And all the rules, trading is not prevents, takes money, and most importantly.
Positive feedback from Валерий Opinion translated automatically
Opened an account with this broker 3 months ago, put to start, $ 300. Like fast order execution during the news release. For my strategy it is very important condition. Profit is displayed on the map within two days and e-wallet almost instantly. The website is in Russian, very comfortable and the support is polite, always prompt and answer all questions. Put a plus!
368.8
Rating
19
Reviews