XM Review and Information 2024

XM Group (XM) stands as a conglomerate of online brokers, meticulously regulated and dedicated to providing a plethora of trading opportunities for investors globally. The inception of Trading Point of Financial Instruments Ltd in 2009 marked the beginning of XM’s journey, subsequently receiving regulation by the Cyprus Securities and Exchange Commission (CySEC 120/10). XM Group continued its expansion with the establishment of Trading Point of Financial Instruments Pty Ltd in 2015, which operates under the watchful eyes of the Australian Securities and Investments Commission (ASIC 443670). XM Global Limited was inaugurated in 2017, acquiring regulation by the Financial Services Commission (000261/4). XM ZA (Pty) Ltd established in 2018, licensed by the Financial Sector Conduct Authority (FSCA) and operates in South Africa with authorization number 49976. The most recent addition to the group is Trading Point MENA Limited, founded in 2019 and regulated by the Dubai Financial Services Authority (F003484).

Comprehensive Trading Opportunities

XM enables traders to navigate through more than 1000 financial instruments, encompassing a broad spectrum including Forex Trading, *Cryptocurrencies CFDs, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, and Energies CFDs. These can be accessed via the advanced XM app and on the revered MT4/MT5 platforms. XM assures transparent real-time pricing, minimal spreads, and adaptable leverage, fostering an environment conducive to informed and secure trading.

*Cryptocurrencies CFDs are not available for clients registered under CySEC, ASIC, and MENA entities.

Values and Core Competencies

At XM, the essence of business is intertwined with efficiency, speed, and fairness. We are dedicated to providing a trading experience devoid of requotes and rejections. Our no minimum deposit policy, combined with our tight spreads, positions us as an optimal choice for traders seeking clean and equitable trading conditions without the constraints of high minimum deposit limitations.

*Clients registered under Trading Point of Financial instruments Ltd (CySEC), Trading Point of Financial instruments Pty Limited (ASIC) and Trading Point MENA Ltd (DFSA) are not eligible for the bonus.

* CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.

Features and Benefits

• Leverage up to 1000:1: Tailored to suit diverse trading needs, enabling flexibility based on the traded financial instrument.*Leverage depends on the financial instrument traded. Leverage is fixed 30:1 for clients registered under EU,AU and MENA regulated entity.
• Multi-Platform Accessibility: Including MetaTrader4/5, XM app and Webtrader, fostering versatile trading experiences.
• Exclusive Deposit Bonus: Up to 5,000 USD to enhance your trading journey. *Clients registered under the EU, AU and MENA regulated entities of the Group are not eligible for the bonus
• Extensive Learning Resources: Comprehensive webinars and tutorials to hone your trading acumen.
• Automated Account Funding: Ensuring seamless and efficient transactions.
• Customizable Partner Programs: Offering unique solutions to accommodate every partner’s requirements.
• Minimum Deposit of $5: Making trading accessible to a wide range of investors.
• Tight Forex Spreads: Augmenting your trading with competitive pricing.
• Enhanced Trading Security: Assuring comfortable and secure trading environments.
• Fractional Pip Pricing: Allowing traders to benefit from the minutest price movements by providing a fifth digit (fraction), resulting in tighter spreads and the most precise quoting possible.

Regulatory Assurance

XM Group’s multi-entity structure ensures rigorous regulation by esteemed financial authorities, instilling confidence and trust among its global clientele. The intricate regulatory framework encompasses:

• Trading Point of Financial Instruments Ltd: Regulated by CySEC 120/10.

• Trading Point of Financial Instruments Pty Ltd: Regulated by ASIC 443670.

• XM Global Limited: Regulated by the Financial Services Commission, license number: 000261/4.

• Trading Point MENA Limited: Regulated by the Dubai Financial Services Authority (F003484).

• XM ZA (Pty) Limited: Licensed by the Financial Sector Conduct Authority (FSCA) and operates in South Africa with authorization number 49976.

• The full information can be found here.

Industry Standard Spreads

While XM is not a no spread forex broker, it maintains spreads that are competitive and within the industry’s fair range, with the default spreads set to variable and the EUR/USD having an average of 1.9 pips. XM Group elevates the trading experience by offering a diverse range of trading instruments through its robust and regulated entities. The varied product offerings, educational resources, and sophisticated trading platforms underscore XM’s commitment to creating an equitable and efficient trading environment. Please refer to the official XM website for further details on the products, services, and features available across different XM entities.

XM Trading Platforms

XM MT4 Multiterminal: A Symphony of Seamless Trading

The XM MT4 Multiterminal stands as the quintessential platform for traders aiming to manage multiple MT4 accounts effortlessly through a single, intuitive terminal. This system is fabricated to provide ease, featuring one Master Login and Password, enabling traders to orchestrate their transactions fluidly.

Multifaceted Capabilities:

• Manage up to 8 standard accounts
• Diverse Order Types for versatile trading strategies
• Three meticulous allocation methods
• Real-time management and execution for instantaneous trading decisions

Enhanced, Efficient, and Expedited - XM Multiterminal

Navigate through more than 100 accounts simultaneously, unlocking the gates to the diverse financial markets globally. It’s not just about faster operations; it’s about optimizing your trading experience, ensuring better management and more profound insights.

XM MT5 WebTrader: The Gateway to Global Trading

Why Engage with XM MT5 WebTrader? Available for both PC and Mac OS, XM MT5 WebTrader is the conduit to global markets without the need for additional software downloads. Whether it’s Stock CFDs, Forex, or CFDs on Energies, it offers an extensive range of instruments, assuring an immersive trading experience.

Features Unveiled:

• Trade over 1000 Instruments, encompassing a vast spectrum of financial products.
• Instant access and execution of trades via a Web Browser
• Single Click Trading for prompt decisions
• Supports a comprehensive array of Trading Orders
• Modifiable Properties of Graphical Objects for personalized visuals
• Compatibility with MetaTrader 5 allowing seamless one-click operations and enriched charting capabilities.

XM MT4 & MT5 App: Trade Anywhere, Anytime

Immerse yourself in a revolutionary mobile trading experience with the refined and advanced XM MT4 & MT5 app. This app is your trading companion, allowing seamless access to over 1000 instruments, instant order executions, and real-time market insights.

App Features:

• Customizable account options
• Instantaneous deposits and withdrawals
• Cutting-edge, real-time charts
• Over 90 comprehensive trading indicators
• Updated news, meticulous analysis, and extensive market research
• Full compatibility with MT4 & MT5 platforms

Embarking on Mobile Trading

Downloading our app is a breeze. If it’s your first time, follow the uncomplicated three-step process mentioned below, or if you’re an existing user, simply update to the latest version. Submerge yourself into the world of on-the-go trading today, leveraging the extensive functionalities and innovative features of the XM MT4 & MT5 App.

Embrace the dynamic world of trading with XM, where every feature is a step towards transforming your trading experience, making it more efficient, insightful, and user-friendly. Whether you are a novice or a seasoned trader, XM provides the tools and platforms that are designed to elevate your trading journey.

Account Types

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The figures above should only be regarded as reference. XM is ready to create custom-tailored forex account solutions for every client. If the deposit currency is not USD, the amount indicated should be converted to the deposit currency.

*On selected instruments. For the full list of swap free forex instruments click here and for metals here.

**For available leverage click here.

You may be new to forex, so a demo account is the ideal choice to test your trading potential. It allows you to trade with virtual money, without exposing you to any risk, as your gains and losses are simulated. Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real money.

*This table is applied only for XM Global Limited clients. Products, services, and features advertised here vary between the XM entities. For further information, please visit the XM website.

Embarking on Forex Trading: Harness the Power of a Demo Account

When venturing into the extensive realm of forex trading, a demo account emerges as the quintessential starting point for those who might be navigating the seas of currency exchange for the first time. This meticulously designed feature serves as the gateway to unraveling your inherent trading capabilities, allowing you to dip your toes into the vibrant forex market with a sense of security and understanding.

• Explore without Risks: A demo account bestows upon you the freedom to execute trades with virtual currency, shielding you from the tangible risks associated with real monetary losses or gains. In this simulated trading environment, every profit or setback is a learning curve, enabling you to grasp the essence of forex market fluctuations and dynamics without any financial repercussions.
• Learn, Strategize and Experiment: The virtual landscape of a demo account offers a fertile ground to sow the seeds of your trading strategies and witness them blossom. It’s a space where market movements become lessons, and placing orders transforms into an art. By engaging in simulated trading scenarios, you acquaint yourself with intricate market behaviors, acquire insights into market trends, and learn to orchestrate your orders with precision and foresight.
• Transitioning with Confidence: Once the nuances of trading strategies are well-absorbed and the understanding of market intricacies is fortified, transitioning to a live trading account becomes the logical next stride. It’s a step imbued with newfound confidence and equipped knowledge, allowing you to navigate the real forex market with real capital. This progression is not just about employing real money; it's about applying learned strategies, managing risks effectively, and making informed decisions to leverage market opportunities.
• Evolve Your Trading Journey: By initially opting for a demo account, you invest in cultivating a robust foundation in forex trading. It’s a journey of evolving skills, where learning and experimentation coalesce to shape informed, strategic, and mindful traders. Once the labyrinth of forex is traversed with a demo account, stepping into the world of real-time, real-money trading becomes a voyage of calculated risks and informed decisions, poised to harness the multifarious opportunities that the forex market perennially unfolds.

XM: A Pillar of Excellence and Reliability in Global Investment

Since its inception in 2009, XM has exponentially evolved, marking its presence as a prominent and well-established international investment firm. Boasting over 10 million clients, XM stands as an indisputable leader in the industry, reflecting its relentless commitment and professional prowess in the realm of finance.

A Consortium of Financial Maestros

The fabric of XM is woven with over 900 professionals, each imbued with extensive, long-standing experience in the financial industry, enriching the firm with unparalleled expertise and insights. This extensive reservoir of experience, complemented by proficient support in over 30 languages, positions XM as the preferred broker for traders worldwide, irrespective of their level of experience or linguistic diversity. XM, with its vast resources and specialized knowledge, is adept at steering every trader towards realizing their investment aspirations, a characteristic feature of a substantial and influential broker.

Global Reach and Diverse Offerings

• Client Base: Over 10 million from more than 190 countries.
• Payment Methods: 25+ secure and versatile options.
• Trading Platforms: 10+ feature-rich platforms.
• Languages Supported: More than 30, ensuring comprehensive accessibility.
• Customer Service: Personalized and client-centric approach.
• Trading Conditions: Fair, ethical, and identical for all clients, disregarding their investment size or account type.

Commitment to Fairness and Reliability

XM is synonymous with fairness and reputability. It serves as a beacon of ethical trading conditions, ensuring equitable treatment and offering identical trading conditions to all clients, regardless of their investment scale or the nature of their account. We adhere to a stringent no re-quotes and no rejections policy, manifesting our commitment to providing a trustworthy trading experience.

Significantly, 99.35% of trading orders are executed in less than one second, reinforcing our resolve to offer swift and seamless trading experiences without re-quotes and rejections. In the forex domain, XM believes that execution is the cardinal component, and our business model resonates with this belief, prioritizing client funds and partnering with investment-grade banks to reinforce security through segregated accounts.

Assurance and Security

• Client Fund Insurance: Retail client funds are secured up to €20,000 by the Investor Compensation Fund.
• Negative Balance Protection: Safeguarding clients from losing more than their account balance.
• Human Interaction: Management has traversed over 120 cities to connect with clients and partners, valuing face-to-face interactions.

Enlightening and Empowering Traders

XM has orchestrated hundreds of seminars worldwide to empower traders with knowledge, enabling them to refine their trading decisions. Our approach to customer service and outstanding support has resonated with traders, culminating in high client retention. XM’s dedication to nurturing individuals to attain their full potential has been acknowledged by the UK-based organization, Investors in People, highlighting our commitment to the people we serve.

Why XM is the Quintessential Choice?

XM embraces cultural, national, ethnic, and religious diversity and aligns its advanced trading platforms and flexible trading conditions to a diverse global clientele. Our exceptional services in currency trading, along with CFDs, equity indices, precious metals, and energies, are a testament to our extensive experience and profound understanding of the global financial markets.

Our operating philosophy is grounded in client satisfaction, as we believe it is the gateway to earning their loyalty. Our credibility and reputation are interwoven with our ability to meet and exceed client expectations, ensuring they receive the service they deserve. By staying abreast of industry trends and technological advancements, we are poised to meet the evolving needs of our increasingly sophisticated and discerning clients, without compromising on factors affecting client performance.

Advantages of Engaging in Forex Trading with XM

Elevate Your Trading Experience with 50+ Currency Pairs:

• Revel in the diversity of majors, crosses, and exotics.
• Accessible 24 hours a day, 5 days a week, ensuring global reach.
• Explore the most liquid market globally, offering unparalleled opportunities.
• Benefit from tight spreads and guaranteed NO re-quotes.
• Experience transparent trading with NO hidden charges, allowing you to trade with confidence across 10 innovative trading platforms.

Advantages of Navigating Stock Trading at XM

Innovative and Economical Access to Global Equity Markets:

• Trade CFDs on stocks without any commissions, providing a cost-effective approach.
• Engage in speculation on market uptrends/downtrends, enabling a multifaceted trading strategy.
• Adapt your approach by going short/long in alignment with market moves.
• Ideal for executing both short and long-term trading strategies.
• Trade CFDs on prominent stocks with an investment of less than $20, optimizing financial allocation.

Advantages of Commodities Trading at XM

Revolutionize Your Portfolio without Owning the Underlying Instrument:

• Gain instant exposure to various global economies, broadening your trading horizon.
• Speculate on future market price movements, whether uptrend or downtrend.
• A conducive environment for beginner traders with low deposit requirements.
• Profit from falling prices by having the ability to go short.
• Experience trading with NO stock exchange fees, optimizing cost efficiency.

Benefits of Trading Equity Indices with XM

Direct and Economical Access to Global Equity Markets:

• Instantaneous reach to numerous global economies, offering diverse trading options.
• Speculate on market movements, whether they are uptrends or downtrends.
• Strategize by going short/long as per market evaluations.
• Suited to various trading strategies, both short-term and long-term.
• Enjoy trading with NO additional fees, enhancing cost-effectiveness.

Advantages of Trading Gold and Other Precious Metals with XM

Dive into the World of Precious Metals Online:

• Trade gold and silver with guaranteed no re-quotes, enhancing trading fluidity.
• A lucrative investment alternative to Forex, offering diversity.
• Indulge in highly liquid markets, optimizing transactional efficiency.
• Flexibly go short or long using the same account, providing strategic versatility.
• Experience trading across 10 advanced platforms with NO extra fees.

Advantages of Trading Oil and Energies with XM

Leverage High Volatility in the Energy Sector:

• Experience greater price movements, opening doors to numerous opportunities.
• Trade oil, the most actively traded commodity globally, and gain a competitive edge.
• Strategize by going short/long as per market conditions.
• Optimize investments with a margin as low as 5 USD.
• Benefit from NO overnight financing on oil CFDs and NO additional fees.

XM strives to offer a comprehensive and user-friendly trading experience, allowing traders to explore various financial instruments efficiently. Whether you are interested in Forex, Stocks, Commodities, Equity Indices, Precious Metals, or Oil and Energies, XM provides a platform where transparency, innovation, and flexibility converge, enabling traders to optimize their trading potential.

Embrace an Unrivaled Trading Experience

• No Re-Quotes: Enjoy forex trading with real-time execution and no re-quotes.
• Diverse Platforms: Choose from 10+ trading platforms, adaptable to any device.
• Unwavering Commitment: Experience our dedication to delivering superior services, coupled with tight spreads and optimal execution, as we continue to adapt to your evolving needs and the transforming landscape of online trading.

*Please note that the products, services and features advertised here vary between the XM entities. For further information, please visit the XM website.

*The maximum leverage for clients registered under the EU, AU and MENA regulated entity of the Group is 30:1. Leverage depends on the financial instrument traded.

Cryptocurrencies CFDs are not available for clients registered under CySEC, ASIC, and MENA entities.

Products, services, and features advertised here vary among the XM entities. For further information, please visit the XM website.