XM Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

The XM Broker Started Its Activity In 2009 And So Far Operating Clients From Over 196 Countries With A Support Staff Speaking In 30 Languages And Is Among The Most Trusted Regulated Brokers. The Main Branch Located In Cyprus Regulated By Cysec.

XM Is A Broker With Great Reputation And Numerous Regulations. The Offering Is User Friendly And Xm Has One Of The Lowest Deposit Requirements Among Industry, Cfd Costs Are Low And Platforms Are Very Friendly To All Types Of Traders.

3.8/5

3.8/5

Is XM A Reliable Broker?

XM A Safe Broker To Trade Forex And Cfds. It Is Regulated And Licensed By Severl Top-tier Financial Authorities Including Fca, Asic, Cysec. Therefore, It Is Secure And Low-risk To Trade. XM Group Is A Group Of Regulated Online Brokers, Which Serves As Trading Point Of Financial Instruments Ltd Established In 2009 And Regulated By The Cyprus Securities And Exchange Commission (Cysec).

In Addition, The Global Operation Is Enabled By Xm Global Limited Established In 2017 And Regulated By The International Financial Services Commission, Allowing To Offer Its Services Across The Globe. Despite The Fact That Ifsc Is An Offshore License, That Does Not Actually Implement Strict Overseeing Of The Trading Processes, Yet Additional Heavy Regulation Of The Xm Made It An Acceptable Choice.

XM Summary

📝Ratings
⭐Trust Score84
🌐Websitehttps://www.xm.com/
⚖️Regulation StatusRegulated
🏠Established2009
📉InstrumentsStocks, Cfds, Forex, Commodities, Portfolios, Metals, Cryptocurrencies
📊Trading platformsMT4, MT5
📱Contact No35725029933
📧Emailsupport@xm.com

Is XM Safe?

XM A Safe Broker To Trade Forex And Cfds. It Is Regulated And Licensed By Severl Top-tier Financial Authorities Including Fca, Asic, Cysec. Therefore, It Is Secure And Low-risk To Trade. Xm Operates Several Subsidiaries, And Which One Of These Will Serve You Depends On Your Residency. This Is Important For You Because The Investor Protection Amount And The Regulator Differ Depending On The Entity.

Regulations Comparison

Year Founded2009
Publicly Traded (Listed)
RegulationESMA, CySEC, ASIC, FCA
Tier-1 Licenses
Tier-2 Licenses
Tier-3 Licenses

XM Offering of Investments

Through its various brands, XM offers CFDs across multiple asset classes, including forex, along with 100 exchange-traded securities (non-CFDs).

Forex Trading✔️
CFD Trading✔️
Currency Pairs 57
Cryptocurrency Pairs
Commodities and Metals 15
Maximum Retail Leverage ✔️
Maximum Pro Leverage
Bonds
ETFs
Social Trading / Copy-Trading✔️

XM Commissions and Fees

XM Provides Commission-free Forex Fees Starting From Spreads As Low As 0.6 Pips In The Xm Ultra-low Standard Account, Which Equals $6.00 Per 1.0 Standard Lot, While The Average Is 0.8 Pips Or $8.00. It Only Applies To The Eur/usd And The Usd/jpy, While Other Currency Pairs Have Higher Mark-ups, Ranging Closer Between 1.5 Pips And 2.0 Pips For The Most Traded Currency Pairs And Well Above That For Minor And Exotic Ones.

Minimum Deposit$100.00
Average Spread EUR/USD - Standard1.6
Automated Trading ✔️
cTrader
Negative Balance Protection ✔️
Inactivity Fee ✔️

XM Platforms and Tools

MetaTrader vs. WebTrader: While MetaTrader offers nearly 800 tradeable symbols, WebTrader only provides around 200.

XM offers all its trader clients a choice between the use of the two most popular retail Forex / CFD trading platforms globally. Clients with any account type may choose to use either MetaTrader 4 or MetaTrader 5. Both platforms are well-known, intuitive, and easy to understand, and have been around for many years. Both platforms are also very popular with the retail trading community. Some traders may wish for a deeper choice of platform that is given here, yet a big majority of traders who find themselves considering becoming customers of XM will find the choice on offer adequate.

XM offers a range of MT4 and MT5 platforms for both Windows and Mac Operating Systems which gives traders unrestricted access to all platforms.

In addition, a range of MT4 and MT5 Mobile applications for both Apple and Android Operating Systems seamlessly allow access to an account with full account functionality from a smartphone or tablet.

XM Metatrader 4 Download

XM pioneered the offering of an MT4 platform with trading execution quality in mind. It offers the following benefits: Over 100 Instruments including Forex, CFDs and Futures, 1 login access to 8 platforms, spreads as low as 1 pip, full EA (Expert Advisor) functionality, 1 click trading, technical analysis tools with 50 indicators and charting tools and 3 different chart types.

Trades can trade with the MT4 platform on their Mac as well as on mobile devices such as Androids and iPhones, iPads and tablets.

XM Metatrader 5 Download

MetaTrader 5 offers a range of extra features that analyze the market and help traders trade in any style they want.

In addition to all the features of the MT4 platform, the MT5 platform also offers different order types such as ‘Fill or Kill’ and ‘Immediate or Cancel’ as well as technical and fundamental analysis using over 79 analytical tools.

Don’t Have XM Account Yet?

Choose Now From Various Forex Account Typesx, Based On Your Trading Strategy, Experience, And Capital Designed For Investment. Choices Include Standard, Cent, Or Ecn Trading Account.

Open XM AccountXM Review