XM Review

XM Review

 

XM can be summarised as a highly regulated Forex Broker specializing in Forex and CFD. XM offers access to 55 currency pairs, excellent customer support, and it has a trust score of 97 out of 99.

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

BrokerXM
Regulation🇧🇿 FSC
🇲🇺 FSC
🇸🇨 FSA
Minimum Deposit5 USD
Swap FeesYes
LeverageUp to 1:888
Margin RequirementsVariable
CFDs Total1,000+
Spreads From0.6 pips on
major pairs
CommissionsZero commissions
on most account
types
Rebate ProgramYes
Open an AccountOpen Account

 

Overview

Over 15 million clients across 190+ countries trust XM Group as their broker. It delivers ultra-fast execution, transparent service, and exceptional customer support, consistently providing a dependable trading experience for both beginners and seasoned traders.

 

Frequently Asked Questions

 

What makes XM Group stand out from other brokers?

XM Group treats all traders equally by offering uniform trading conditions regardless of account size. It enforces a no-requotes, no-rejections policy to ensure fair execution, creating a smooth and transparent trading experience across all account types and trading instruments.

 

How reliable is XM’s trade execution speed?

XM executes 99% of trades in under one second, eliminating delays and slippage. This fast execution speed helps traders maintain strategy accuracy and seize market opportunities without technical interruptions or pricing discrepancies.

 

Our Insights

XM Group provides a robust, fair, and fast trading environment, backed by global recognition and over 15 million satisfied clients. It commits to transparency and reliability, making it the go-to choice for traders seeking a trustworthy and efficient platform.

 

Overview

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

More Than a Broker – Why XM Is a Trader’s First Choice

XM Group distinguishes itself by blending global reach with speed and integrity. Serving over 15 million clients, it has executed 10.3 billion trades without requotes or rejections and provides multilingual support in 30+ languages, offering a consistently client-focused trading experience worldwide.

 

FeatureXM Advantages
Clients Worldwide15+ million in 190+
countries
Execution Speed99% of trades
executed in under 1
second
Trade Quality10.3+ billion trades
with zero requotes or
rejections
Customer SupportMultilingual service in
over 30 languages
Trading PolicyNo requotes, no
rejections - equal
conditions for all
clients
AwardsRecognized globally
for excellence in
service and platform
performance

 

Frequently Asked Questions

 

What makes XM different from other brokers?

XM treats all clients equally, regardless of account size, by providing top-tier trading conditions. It enforces a no requotes or rejections policy, delivers lightning-fast execution, and offers multilingual support, creating a reliable and human-centered trading experience for traders of all backgrounds.

 

How does XM ensure fast and accurate trade execution?

XM executes 99% of trades in under one second to match market conditions in real time. Its technology minimizes slippage and ensures traders implement strategies exactly as planned, giving them confidence in execution across market conditions.

 

Our Insights

With a track record of fairness, precision, and client satisfaction, XM acts as more than a broker—it partners with traders for success. Its blend of speed, equality, and personalized support sets it apart in today’s competitive broker landscape.

 

More Than a Broker - Why XM Is a Trader’s First Choice

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Safety and Security

Respected authorities in Belize, Mauritius, and Seychelles regulate XM Group, ensuring strong client protection, transparency, and full regulatory compliance. These licenses give traders worldwide confidence to trade through a globally trusted and recognized broker.

 

CountryRegulatorEntity NameLicense Type
🇧🇿 BelizeFinancial Services
Commission (FSC)
XM Global LimitedSecurities Industry Act
2021
🇲🇺 MauritiusFinancial Services
Commission (FSC)
XM International MU LtdInvestment Dealer’s
Licence
🇸🇨 SeychellesFinancial Services
Authority (FSA)
XM (SC) LimitedSecurities Dealer's
License

 

Frequently Asked Questions

 

Is XM a regulated broker?

Yes, financial authorities in Belize, Mauritius, and Seychelles fully license and regulate XM. This regulatory coverage assures traders of fair practices and adherence to international financial standards, providing peace of mind.

 

How does XM’s regulation benefit traders?

XM’s multi-jurisdictional regulation provides security, transparency, and accountability. By complying with strict financial standards, XM helps prevent malpractice and ensures responsible, secure handling of client funds and data.

 

Our Insights

Regulated by three trusted financial authorities, XM demonstrates a strong commitment to secure and transparent trading. This regulatory backbone reinforces XM’s credibility and makes it a safe, dependable choice for traders seeking global protection and oversight.

 

Safety and Security

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Minimum Deposit and Account Types

XM offers a range of account types designed to suit traders at all levels – from beginners to professionals. It sets low minimum deposits, provides competitive trading conditions, and includes built-in risk protection, making it easy for traders to start trading and grow with confidence in global markets.

 

Account TypeBest ForMinimum DepositKey Benefits
StandardBeginners and casual traders5 USDTrading bonuses,
low entry point, reduced capital risk
Ultra LowActive and volume traders5 USDLower spreads,
reduced swap fees,
minimal commissions
SharesStock market investors10,000 USDDirect access to real
shares,
ideal for long-term
stock investing
Demo AccountPractice/trainingFreeVirtual funds,
no risk,
real market simulation

 

Frequently Asked Questions

 

What XM account is best for beginners?

The Standard Account is ideal for beginners. It requires only a $5 deposit, offers trading bonuses, and helps manage risk. With user-friendly features, it’s a great way to start trading without needing large upfront capital.

 

Can I try XM without risking real money?

Yes, XM provides a Demo Account with virtual funds in a simulated market environment. It’s perfect for testing strategies and learning platform features before switching to a real account when you’re confident and ready to trade live.

 

Our Insights

XM Group offers accounts for all trader levels – from Standard for beginners to Ultra Low for high-volume users – with competitive spreads and negative balance protection. The Shares Account provides direct stock trading with 1:1 leverage and no commissions, ensuring a secure and accessible experience for every trader.

 

XM Account Types

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

How to Open an Account with XM

Opening an account with XM is simple. Follow these steps to get started:

 

  1. Step 1: Go to the XM website and click “Open a Real Account.”
  2. Step 2: Select the account type that suits your trading preferences.
  3. Step 3: Fill out the online account application form.
  4. Step 4: Choose between MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
  5. Step 5: Specify your desired account leverage.
  6. Step 6: Complete the identity verification process.
  7. Step 7: Deposit funds via bank wire, credit card, or e-wallet.

 

Once your account is verified and funded, you can start trading on your chosen platform.

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Bonus Offers and Promotions

XM stands out with a strong lineup of trader-focused promotions. It offers generous deposit bonuses, cash rewards, and monthly contests, helping traders enhance their strategies, unlock exclusive benefits, and enjoy a transparent, cost-effective trading experience with no hidden fees.

 

PromotionDetailsWithdrawableWho It's For
100% Deposit BonusUp to $15,000 bonus on depositsOnly profitsNew and existing clients
XM Traders ClubUnlimited rewards for trading activityCash rewardsActive traders
Monthly CompetitionsCompete for big prizes each monthYesCompetitive traders
Refer a FriendEarn per successful referralYesClients with networks
Free VPS ServiceFaster execution, no downtimeN/AHigh-frequency or expert traders
Zero FeesNo hidden fees on deposits or withdrawalsN/AAll clients

 

Frequently Asked Questions

 

What is the XM 100% Deposit Bonus, and how does it work?

XM offers a 100% deposit bonus up to $15,000 as part of its anniversary promotion. While traders can’t withdraw the bonus itself, they can keep and withdraw any profits earned. Terms and conditions apply.

 

What ongoing promotions does XM provide to active traders?

XM provides continuous incentives like the XM Traders Club (for unlimited rewards), referral bonuses, monthly competitions with big prizes, and a free VPS service for faster execution – all designed to enhance trading performance and rewards.

 

Our Insights

XM designs its promotional offerings to give traders added value without extra cost. Whether traders boost capital with a deposit bonus or earn rewards through competitions and referrals, XM ensures the trading experience stays rewarding and efficient.

 

Bonus Offers and Promotions

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Trading Platforms and Software

XM offers two robust trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with a mobile app for trading on the go.

 

MetaTrader 4 (MT4)

MT4 is a popular, user-friendly platform known for its customization options and advanced technical analysis tools. Supporting multiple languages, it provides a variety of indicators and drawing tools, making it suitable for traders of all experience levels.

 

MetaTrader 4 (MT4)

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

MetaTrader 5 (MT5)

MT5 is an upgraded version of MT4, featuring additional capabilities like support for both hedging and netting. It also includes an economic calendar, which keeps traders informed of market events to help them make more informed trading decisions.

 

MetaTrader 5 (MT5)

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Mobile App

The XM mobile app is available for both Android and iOS, offering secure login options such as fingerprint and face recognition. It provides real-time alerts, charting tools, and full trading functionality, allowing users to trade and monitor markets from anywhere.

 

Mobile App

 

Frequently Asked Questions

 

What is the difference between MetaTrader 4 (MT4) and MetaTrader 5 (MT5)?

MT4 is a popular, user-friendly platform with customization options and advanced technical analysis tools. MT5 is an upgraded version, offering additional features like support for both hedging and netting, as well as an economic calendar to help traders make more informed decisions.

 

Can I trade on the go with XM?

Yes, XM offers a mobile app available on both Android and iOS, allowing you to trade and monitor markets from anywhere. The app includes real-time alerts, charting tools, and secure login options like fingerprint and face recognition.

 

Our Insights

XM offers robust and versatile trading platforms with MT4 and MT5, catering to traders of all levels. MT4 is ideal for those looking for a user-friendly platform with advanced analysis tools, while MT5 takes things further with enhanced features like hedging, netting, and an economic calendar.

 

Trading Platforms and Software XM

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Copy and Social Trading

From an independent perspective, XM Copy Trading presents a valuable opportunity for skilled traders to earn from their expertise. With access to over 100,000 global investors and up to 50% profit share, it offers a strong revenue stream for strategy-focused professionals.

 

FeatureDetails
Max Profit ShareUp to 50%
Investor Reach100,000+ accounts
(excluding South
African residents)
Strategies Allowed per ManagerUp to 10
Performance Fees Paid (to date)Over $3 million
Top Manager Earnings$10,000+
Profit PayoutsInstant
Access RequirementsXM Partners account +
Strategy Manager
activation
Copy Trading Benefits for AffiliatesHigher client activity
and commissions
Ideal ForExperienced traders
seeking extra revenue
via proven strategies
SupportDedicated XM team
available for assistance

 

Frequently Asked Questions

 

What is XM Copy Trading and how does it work?

XM Copy Trading lets experienced traders become Strategy Managers. By sharing strategies, they can earn up to 50% profit share when others copy them. Investors automatically mirror trades, allowing managers to profit from performance-based fees.

 

Who can become a Strategy Manager on XM?

Anyone with a verified XM Partners account can apply. Strategy Managers can create up to 10 strategies and earn instant profit shares. However, investor accounts are currently unavailable for residents of South Africa.

 

Our Insights

XM Copy Trading empowers skilled traders to unlock new income streams. With generous profit-sharing, instant payouts, and broad exposure, it transforms expertise into earnings, making it ideal for traders who want to lead, not just trade.

 

Copy and Social Trading

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Transparent Pricing, Powerful Value

XM stands out with low-cost, commission-free trading across its account types. Offering spreads from as low as 0.8 pips, negative balance protection, and swap-free options, it delivers flexible and accessible pricing for traders at every level.

 

Account TypeMinimum DepositSpreads (EURUSD)CommissionsSwap-Free OptionBest For
Standard5 USDFrom 1.6 pipsNoneAvailableBeginners and
general traders
Ultra Low5 USDFrom 0.8 pipsNoneAvailableHigh-volume traders
Shares10,000 USDMarket conditionsNoneAvailableStock market investors

 

Frequently Asked Questions

 

What is the minimum deposit required to start trading with XM?

XM makes trading accessible with just a $5 minimum deposit for both the Standard and Ultra Low Accounts. For stock-focused traders, the Shares Account requires a $10,000 deposit but offers equally competitive conditions.

 

Are spreads and commissions competitive at XM?

Yes. The Standard Account starts at 1.6 pips for EURUSD, while the Ultra Low Account offers even tighter spreads starting at 0.8 pips. All accounts are commission-free, maximizing value without hidden costs.

 

Our Insights

With its low minimum deposits, tight spreads, and zero commissions, XM offers exceptional trading value. Whether you’re a casual trader or managing high volumes, XM provides cost-efficient conditions that support both profitability and risk management.

 

Transparent Pricing, Powerful Value

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

XM’s Competitive Edge

XM ranks among the world’s most competitive brokers, combining tight spreads, ultra-fast execution, and robust regulatory oversight. With over 15 million clients and 99% of trades executed in under one second, XM is designed for serious, performance-driven traders.

 

FeatureXMTypical Broker
Minimum Deposit5 USD100 USD+
Spreads (EURUSD)From 0.8 pips
(Ultra Low)
1.2–2.5 pips
CommissionNoneOften $3–$7 per lot
Execution Speed99% < 1 second1–3 seconds
RegulationFSC Belize
FSC Mauritius
FSA Seychelles
Varies; some unregulated
Negative Balance ProtectionYesNot always offered
Bonus OffersAvailable
(Standard Account)
Rare or region-restricted
Account Types3 (Standard,
Ultra Low, Shares)
1–2 typically

 

Frequently Asked Questions

 

Why is XM considered highly competitive?

XM combines low-cost trading (spreads from 0.8 pips), zero commissions, and ultra-fast execution with regulatory compliance. Its transparent fee structure and client-first policies make it a strong contender among top-tier brokers worldwide.

 

How does XM compare to other brokers in speed and reliability?

XM outperforms many brokers by executing 99% of trades in under one second, without requotes or rejections. This speed and reliability help traders maintain accurate market positions, especially during volatile conditions.

 

Our Insights

XM’s competitive advantage lies in its mix of pricing transparency, execution speed, and client-focused policies. Its no-requotes approach, global reach, and diverse account types make it an excellent choice for traders looking for performance and trust.

 

XM’s Competitive Edge

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Leverage and Margin

XM empowers traders with leverage up to 1000:1, offering greater market exposure while maintaining control through real-time margin monitoring and negative balance protection. With access to over 1,400 instruments, traders can scale their strategies with confidence and precision.

 

FeatureDescription
Maximum LeverageUp to 1000:1
Real-Time Margin MonitoringYes
Negative Balance ProtectionYes
Leverage StabilityNo changes to margin
overnight or on
weekends
Tradable InstrumentsOver 1,400
Platform AccessAvailable across MT4
and MT5

 

Frequently Asked Questions

 

What is the maximum leverage offered by XM?

XM offers flexible leverage up to 1000:1. This high leverage allows traders to control larger positions with smaller capital, increasing potential returns, while XM’s safeguards, like negative balance protection, help manage risk.

 

Is the margin affected overnight or on weekends?

No. XM provides stable leverage conditions without margin changes overnight or on weekends, ensuring consistent trading conditions and eliminating surprises for those holding positions beyond market hours.

 

Our Insights

With leverage up to 1000:1 and real-time margin monitoring, XM helps traders enhance their market positions while maintaining safety through negative balance protection and stable conditions. It’s a balanced approach to powerful, controlled trading.

 

XM Leverage and Margin

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Expansive Market Access

XM opens the door to global markets with over 1,300 stock CFDs, 55 forex pairs, 31 cryptocurrencies, and a wide range of commodities and indices. Traders of all levels benefit from this diverse, flexible, and opportunity-rich environment.

 

Asset ClassInstruments AvailableHighlights
Forex55 PairsIncludes major, minor
and exotic currencies
Cryptocurrencies31Trade top digital assets
Stock CFDs1,337Global companies
from various industries
Commodities8Covers agriculture and
raw materials
Equity Indices20Major global indices
Precious Metals5Gold, Silver and more
Energy Commodities8Oil, Gas, and other
energy sources
Direct Shares100Trade specific
company stocks

 

Frequently Asked Questions

 

How many assets can I trade with XM?

XM provides access to an impressive variety of assets, including 55 forex pairs, 31 cryptocurrencies, 1,337 stock CFDs, commodities, indices, and even individual shares, giving traders exposure to multiple global markets in one platform.

 

Does XM offer direct stock trading or only CFDs?

In addition to 1,337 stock CFDs, XM also gives traders direct access to 100 individual shares. This allows clients to take actual positions in specific companies, not just speculate via contracts for difference.

 

Our Insights

XM’s vast selection of tradable instruments makes it ideal for traders seeking a one-stop platform. With access to forex, stocks, crypto, and more, it supports diverse strategies across global markets with minimal limitations.

 

Expansive Market Access

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Learn, Trade, Succeed – Educational Resources

XM Group’s Learning Centre offers beginner-to-expert education with live sessions, daily analysis, and expert-led webinars. Available in multiple languages and free of charge, it helps traders refine strategies and stay informed in real time.

 

FeatureDescription
Live WebinarsCover trading strategies
market insights
Q&A sessions
Daily Market AnalysisExpert commentary on
price action, news, and
macro events
Forex Power HourReal-time market
insights and trade
setups
US Market Open HourAnalysis during key
market openings
Multilingual AccessWebinars available in
multiple languages
Cost100% Free
Designed ForBeginners,
intermediate, and
advanced traders

 

Frequently Asked Questions

 

What kind of educational content does XM offer?

XM offers free access to daily market analysis, expert webinars, and live trading sessions like Forex Power Hour and US Market Open Hour, helping traders enhance their skills and build confidence at every stage.

 

Is XM’s educational material beginner-friendly and multilingual?

Absolutely. XM’s Learning Centre is designed for all experience levels and offers sessions in multiple languages, making it easy for global users to learn and apply trading concepts comfortably and effectively.

 

Our Insights

XM’s free, multilingual educational resources stand out for their accessibility and depth. Live sessions, strategic insights, and expert guidance empower traders to grow their skills at their own pace, making education a core strength of XM’s offering.

 

Learn, Trade, Succeed - Educational Resources

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Customer Support

XM provides exceptional customer support, ensuring clients get fast, reliable answers through live chat, phone, email, and social media. With 24/7 availability and a dedicated Help Centre, users can resolve issues promptly, no matter where they are.

 

Support ChannelAvailabilityDetails
Live Chat24/7Real-time support via
XM website
Phone24/7+501 2236696
+501 2279421
Email24/7Compose and send via
the XM contact form
Help Centre24/7FAQs, guides, and
step-by-step
instructions
Social Media ChatVariesReach out via your
preferred social
platform

 

Frequently Asked Questions

 

How can I contact XM for immediate support?

XM offers 24/7 live chat and phone support for instant assistance. Whether it’s technical help or trading inquiries, clients can connect directly with a representative anytime, ensuring a smooth and responsive experience.

 

What resources are available in the XM Help Centre?

The Help Centre provides a wide range of FAQs, guides, and tutorials to help users troubleshoot issues or understand services better. It’s designed for self-service and gives instant access to commonly sought answers.

 

Our Insights

XM stands out for its outstanding customer care, offering around-the-clock support across multiple channels. Its Help Centre and multilingual service team ensure traders receive timely, helpful assistance, making XM one of the most responsive brokers in the industry.

 

Customer Support

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Partnership Options

From a third-party standpoint, XM’s affiliate program is one of the most competitive globally, offering top-tier commissions, rapid payments, and excellent partner support. With 200,000+ partners, its success stems from high conversion tools and global trust.

 

FeatureDetails
Number of Partners200,000+ globally
Commission ModelUnlimited earnings +
10% sub-affiliate
bonus
Payment SpeedInstant commission
payments and anytime
withdrawals
Awards Won
(2023–2024)
Best FX Broker
(Europe, Australasia,
LATAM, Middle East),
Best CFD, Support
Marketing ToolsCustom banners,
tracking links,
localized content
Trader IncentivesDeposit bonuses,
copy trading,
monthly competitions
Affiliate IncentivesLoyalty rewards, bonus
for commission
transfers to trading accounts
Global ReachOperates in 190+
countries
Partner SupportMultilingual, dedicated
partner support team
RegulationLicensed by top-tier
global regulators

 

Frequently Asked Questions

 

What makes XM’s partner program stand out?

XM offers unlimited commissions, 10% sub-affiliate earnings, instant payouts, and exclusive bonuses. Combined with multilingual marketing tools and dedicated support, it creates an ideal ecosystem for affiliates aiming to grow sustainably across 190+ countries.

 

How does XM support partner success?

XM empowers partners with high-converting products, deposit bonuses, and a copy trading platform for easier client onboarding. With global awards and elite trading conditions, affiliates benefit from the broker’s strong reputation and trader retention rate.

 

Our Insights

XM’s partnership program is built for performance. With elite rewards, instant commissions, global reach, and award-winning trading features, it’s a serious choice for affiliates aiming to grow fast and earn without limits.

 

Partnership Options

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Insights from Real Traders

Fast Execution and Excellent Support
⭐⭐⭐⭐

I’ve been trading with XM for over a year, and their platform has been nothing short of reliable. The spreads are tight, executions are fast, and I love the negative balance protection. Their customer service is incredibly responsive—available 24/7 whenever I have questions. Highly recommended!

Daniel

 

Perfect for Beginners!
⭐⭐⭐⭐⭐

As someone new to trading, I found XM’s educational resources incredibly helpful. The live webinars and market analysis gave me the confidence to start making real trades. The 5 USD minimum deposit also made it easy to begin without pressure. Great platform for beginners!

Michael

 

Low Costs and Professional Tools.
⭐⭐⭐

XM’s Ultra Low Account is a game-changer for serious traders. With leverage up to 1000:1 and ultra-tight spreads, I’ve managed to reduce my trading costs significantly. Their VPS service and zero fees make the experience even more seamless. I wouldn’t trade anywhere else.

Thabo

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

XM vs AvaTrade vs Pepperstone - A Comparison

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

Customer Reviews and Trust Scores

XM earns praise for its transparency, fast execution, and educational resources, though some traders raise concerns about withdrawal delays and pricing.

 

SourceRatingSummary
ForexBrokers.com88/99Strong ratings for
research, platforms,
education, and mobile
trading
Reviews.io3.9/5
Users highlight tight
spreads and fast
withdrawals
TradingFinderTrustpilot 2.3/5
FPA 3.1/5
Good service and conditions, but some reports of slippage
CompapeGoogle Play 3.9/5Praised for platforms
but some complaints
about support and
withdrawals

 

Customer Reviews and Trust Scores

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes

 

XM vs AvaTrade vs Pepperstone – A Comparison

 

BrokerXM SmallAvaTrade SmallPepperstone Small
Regulators🇧🇿 FSC (Belize)
🇲🇺 FSC (Mauritius)
🇸🇨 FSA
🇮🇪 CBI
🇻🇬 BVI
🇲🇺 FSC
🇦🇺 ASIC
🇿🇦 FSCA
🇯🇵 JFSA
🇯🇵 FFAJ
🇦🇺 ASIC
🇩🇪 BaFin
🇰🇪 CMA
🇨🇾 CySEC
🇦🇪 DFSA
🇬🇧 FCA
🇧🇸 SCB
Account SegregationYesYesYes
Negative Balance ProtectionYesYesYes
Investor Protection SchemesYesYesYes
Minimum Deposit5 USD100 USD10 AUD
Spreads From0.6 pips0.9 pips0.0 pips
CommissionsZero (most types)NoneYes
Swap FeesYesApplicableYes
LeverageUp to 1:888Up to 1:400Up to 1:500 (Pro), Retail varies
CFDs Offered (Total)1,000+250+1,200+
Affiliate/IB ProgramsYesYesYes
Rebate ProgramYesYesYes
Open an AccountOpen AccountOpen AccountOpen Account

 

Pros and Cons

 

✓ Pros✕ Cons
XM has an extremely low 5 USD minimum depositXM charges currency conversion fees
There are several bonuses offeredThere are strict bonus terms and conditions
Traders can access fee-free deposit methodsThere are limited payment methods for deposits

 

Conclusion

XM is a top-tier forex and CFD broker that combines a high level of security, a wide variety of account types, and advanced trading tools. Whether you’re a novice looking for educational resources or an experienced trader seeking robust trading platforms and leverage, XM provides a comprehensive solution for all types of traders.

 

You might also like: 

 

 

Faq

XM Group offers various account types, including the Standard Account, Ultra Low Account, and Shares Account. These accounts cater to different trading needs, from low spreads for high-volume traders to stock trading with a higher minimum deposit.

Yes, XM Group is authorized and regulated by reputable financial authorities, ensuring a secure and trustworthy trading environment for its clients.

XM Group provides two powerful platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms offer advanced trading tools, and XM also provides a mobile app for trading on the go.

Yes, XM offers a mobile app available on both Android and iOS. The app provides secure login, real-time alerts, charting tools, and full trading functionality, allowing you to trade from anywhere.

XM Group offers a comprehensive Learning Centre, including free webinars, live trading sessions, market analysis, and expert-led education. Resources are available in multiple languages and cater to traders of all experience levels.

Yes, XM does accept mobile money deposits.

CONTENT

HFM

Doo Prime

XM

Best Forex Brokers

ONLY ON Forex Brokers Reviews