XM.com Ratings & In-Depth Review
|Broker Type||Market Maker|
|Regulations||FCA, CySEC, ASIC|
|Account Base Currency||USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR|
|Trading Platforms||Metatrader 4/5, Webtrader, mobile trader|
|Markets||Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs|
|Bonus Offered||$30.00 Trade Bonus , deposit bonus up to $5,000|
|Funding Options||Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, e-wallets|
Other XM.comt Reviews
XM.com In-depth Review
Overview: XM Group is a company of regulated online brokers. They have have over 3.5 millions clients from all over the world. Trading Point of Financial Instruments Ltd was established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC), Trading Point of Financial Instruments Pty Ltd was established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC). XM group is also regulated in Europe under FCA.
Accounts: Some traders may appreciate the availability of three account types – Micro trading (with contract sizes of 1000), Standard accounts (contract sizes of 100,000) and the XM Zero Account. The first two account types have a min spread of 1 pip and the XM Zero Accounts’ spreads start as low as 0 pips. Traders can ask for a free VPS if they maintain a minimum USD 5000 credit and trade at least 5 round turn lots monthly. Free demo accounts are available for both account types, with MetaTrader 4 (MT4) and Metatrader 5 (MT5). Swap-free Islamic trading accounts are also available with either account type. Xm zero accounts feature zero requotes and zero trader rejections
Minimum deposit: $5
Maximum leverage: 888:1. *Leverage depends on the entity of the group and the financial instrument traded.
Features: XM Group offers MetaTrader 4 & 5 for desktop, web browser and mobile devices. Clients can trade over 1000 financial instruments and the brokers boast high client retention because of the active efforts of the management to visit over 120 countries and engage with clients. Clients enjoy access to daily forex trading signals, free personal account managers, market research, daily technical analysis, and more. Trader can also start trading with their $30 trading bonus offering. Retail clients are insured up to $20000 by the investor compensation fund and have negative balance protection so traders are never losing more than their account balance is.
Education: XM Group is known for its online seminars and efforts to educate clients to help them make better trading decisions. They have hosted over 100 seminars for this purpose. Traders will find webinars, tools, market outlook and unlimited access to video tutorials. XM host daily live sessions Monday to Friday.
Deposits/Withdrawals: All major deposit methods are supported including credit/debit card, bank transfer, e-wallets, Skrill, Webmoney And Neteller to name a few. Withdrawals and deposits are one-click and convenient. All deposit and and withdraw fees are 100% covered with instant account funding for most deposit methods. Wire transfers fees are covered when the amount is about $200USD.
Customer service: XM Group is customer oriented with personal customer service and it offers 24-hour help during the trading week. Xm Supports more than 30 different languages.