XM - Forex Broker information, rating, reviews

XMXM website
Status
Regulation CySEC, ASIC, FCA
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 CySEC, ASIC, FCA
Foundation 2009
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XM
XM Participated at ITForum Rimini 2019

On 12-13 June XM attended one of the largest and most significant trading-related financial exhibitions in Europe, the Italy-based ITForum Rimini...

Forex Contests, Competitions & Expos
XM
Forex Seminar Road Tour

Between 18th May and 1st June, XM hosted as many as three forex trading seminars in Mexico, presented by Tradepedia trading academy...

Seminars, webinars
XM
XM Hosts Financial Panel Discussion

It is our pleasure to announce an event not to be missed in Kuala Lumpur on 27th July: a financial panel discussion conducted by three market...

Forex brokers news

XM
XM Forex Seminars in Chiang Rai

This May the XM forex seminar series reached two further Thai cities, where we were pleased to welcome numerous retail traders in person who joined...

Seminars, webinars
XM
XM Seminar Series in the Philippines

The XM seminar road tour continues in the Philippines, reaching two further cities earlier this summer: Manila on 13th and Cagayan de Oro on 27th July...

Seminars, webinars
XM
Special XM Seminar in Bangkok

In the months to follow, XM continues with its educational program to cater for the needs of online investors eager to develop their trading knowledge...

Seminars, webinars

Current Rating: 73 %, 27 %


Traders Rating:


XM latest reviews

They manipulate pending orders and move around stop losses etc! these brokers are full of games. is so frustrating when you trying so hard to manage your account, next thing there goes someone comes against you.

guest   25 June, 2019  

Everyone goes to the forex market for different purposes. Someone is looking for adrenaline, someone is looking for easy money, and someone is under the influence of movies or tv series about finance industry. I will not deny that all these factors somehow also played on my choice of activity. I have been trading since 2014, at first there were significant losses. But then i more and more immersed in trading training, tried different tools, strategies, changed several brokers. I realized that successful trading substantially depends on the successful choice of a broker. I was lucky in this regard, a friend gave a tip to the XM site. I got acquainted with the conditions, asked myself the question "why am I not yet with them?", And registered. Trading has become much more convenient, the number of profitable deals has not changed, but comfort in trade has increased.

Tom   19 June, 2019  

Hey everyone. don't use this broker. it's bad. they scamed me. I made 5k. when I want to withdraw they took all of my money. I sended them an email but nothing happened so be careful.

obakeng   17 June, 2019  

At first it was very difficult to understand the functionality of the MetaTrader4 trading terminal. Technical support staff have often helped to deal with the subtleties of setting up the platform. I now do not regret that I spent the time, figured out how to work, and now I regularly earn money with the help of the broker. A nice bonus from the XM company was the low spreads, as well as the adequacy of customer support. The broker reminded several times that in case of an unprofitable deal I could incur real losses. Then I realized that for the company there is simply no gain in my losses. Now I trade on a real account, I get a small but regular profit. When the news background stabilizes a bit, I will replenish my trading account and try to trade precious metals.

Tony   13 June, 2019  

By opening a trading account at XM, you can trade almost all major financial assets present on the market. Want contracts for commodities, oil, for example? You are welcome! Prefer gold or other precious metals? You can trade them! There are shares of international emitents from most world exchanges. I have chosen XM because they are regulated by several major regulators. Most of all I am glad that they are steadily making me profits, they are withdrawing money to the card very quickly. I use MetaTrader5. There are small bugs, but not critical, I withdraw the profit regularly.

Corso   24 May, 2019  
  


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