XM - Forex Broker information, rating, reviews

XMXM website
Status
Regulation ASIC, CySEC, IFSC
Trading software MetaTrader4/5, XM Webtrader
Headquartered 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus

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XM.COM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus) and Trading Point of Financial Instruments Pty Ltd. (Australia). Our clients benefit from direct access to the financial markets in over 300 financial instruments including forex, equity indices, precious metals, cryptocurrencies and energies, with transparent real-time pricing, lowest spreads, and flexible leverage.

We value business efficiency as much as our individual and corporate clients – this is why we regard speed and fairness as crucial.

XM forex broker is a European Licensed Financial Institution which offers trading in Forex, CFD’s and Futures through the MT4/5 Platform and XM Webtrader and gives its customers substantial deposit bonus

Pros

  • up to 888:1 Leverage
  • 8 Platforms, including MetaTrader4/5 and webtrader
  • Deposit Bonus up to 5 000 USD
  • 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
  • A wholly owned strategies for binary options

Broker review

Strong selling points of Trading Point of Financial Instruments Ltd 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

Maximum Initial deposit*

USD 100,000

USD 100,000

USD 100,000

Leverage

Flexible:
1:1 to 1:500

Flexible:
1:1 to 1:200

Flexible:
1:1 to 1:500

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, XEMarkets 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 Markets

  • 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

Spreads

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. Currency options and tight spreads make trading with us easy and profitable.

XM trading information

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
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Forex contests, competitions
1st deposit bonus
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type variable
Pip spread on majors 1-1.9
Leverage 888
ECN, $
Standard account, $ 5
Mini account, $ 5
Popular payment methods Credit Cards, Netteler, Skrill, Klarna, Przelewy 24, Bank Wire Transfer
Account currencies EUR, USD, GBP, JPY, CHF, HUF, PLN, RUB, SGD, ZAR, bitcoin
Other instruments Forex, CFD, bitcoin, stocks, indices, commodities, precious metals, energies
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 Metatrader4/5, XM Webtrader
Broker type Broker
Regulation ASIC, CySEC, IFSC
Foundation 2009
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XM
XM Starts Seminar Series Across Africa

It is with great pleasure to announce that in September XM is starting an extensive forex trading seminar series in as many as 6 countries on the...

Seminars, webinars
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XM at Salon du Trading in Paris

This autumn Salon du Trading international trade fair in Paris opens its doors once again to event exhibitors and visitors on 13th September...

Forex brokers news
XM
XM Forex Seminars in Morocco

We are pleased to invite our existing and new clients to a free seminar organised in two different cities in Morocco this September to give hands-on...

Seminars, webinars

XM
XM Seminars on Technical Indicators

The large-scale forex seminar tour of XM has been ongoing in Southeast Asia since the beginning of the year, reaching through to more and...

Seminars, webinars
XM
XM Forex Seminar in Bangkok

On 6th July we had the pleasure of returning to the Thai capital and welcoming our clients to a free forex trading seminar held on the premises of The Athenee Hotel...

Seminars, webinars
XM
XM Technical Analysis Seminar in Amman

For the second time this year, XM is returning to Amman, Jordan, with a new forex seminar dedicated to the use of technical analysis tools...

Seminars, webinars

Current Rating: 73 %, 27 %


Traders Rating:


XM latest reviews

I Think first and foremost Traders, more especially beginners are lured by the $30 which they give you for free Not knowing that XM will manipulate their Trades until you're broke. I caught XM red handed manipulating my Trades and deleting my orders live, I knew right then the reason why I wasn't progressing... I wouldn't recommend this broker to anyone but It was a learning curve to be vigilant and more aware, chose wisely

Guest   15 August, 2019  

I like that normal spreads are set and there are no strong extensions. I know that even trading at a risky 40 minutes before the news release and 40 minutes after, I won't fall for an extension or requote that can hit me. I especially want to draw attention to the fact that cases with slippage and requotes in XM are very rare, so that to see how big or small they are, you still need to get started. Basically, the order is processed at the price specified in the order.

Sam   9 August, 2019  

This company is a scam , they use a few web page in face book to get people to invest. even if your account is verified they will not return your money.

Edgar   12 August, 2019

long story short don't trade with them not unless you don't mind wasting your time,i made a lot of profits with them but never withdrew any of it.All they have is bogus payment excuses.

joe   30 July, 2019  

XM broker is very popular here, with minimum deposit and very good services. I try all account type on this broker (micro, standard, and ultralow) it's sounds good!

Shan   28 July, 2019  

I went to this site to read reviews about XM, as I myself still do not trade with this company. Information about them is flattering, of course. Found a bit of negativity in the network, but this is a drop in the ocean, and who said that this negative is not fake. The main thing is the duration of market presence and terms of trade. Meanwhile I like everything about the broker. Human margin requirements. Quite a long list of awards and prizes. The perfect moment is learning and webinars. They also offer MT5 with a demo account, on which I usually run for testing a strategy.

Harry   23 July, 2019  

Well I also read reviews before using XM unfortunately I missed the " bad" reviews and I regret this now because I have wasted over 3 weeks of none profit trading until I started watching closely using other platforms as well and I realize why I have been struggling to make profit ,they actually hold trades and IAM so disgusted and angry I wouldn't recommend their platform to anyone and IAM going to make sure that poeple are aware of this life is tough enough and trading is not easy,some of us sacrifice grocery money because we look at a bigger picture only to be scammed!

  


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