XM.COM Review

XM.COM Review

XM is offering a wide asset index, good customer service, and competitive trading terms.

Their platforms include a WebTrader, MetaTrader-4, MetaTrader-5, plus mobile traders for iPhone and Android. Their trading spreads are fair while their execution is considerably fast with minimal slippage. No commissions are charged by XM. One of the great advantages of XM is the trader's funds' safety, as the broker is regulated by a great number of bodies while XM provides also segregated bank accounts. Automated trading and scalping are available while traders may find free trading signals. Education is offered by XM via frequent free webinars. The minimum amount to open an account is just $5 while a great number of fund methods are available. No deposit or withdrawal commissions are charged. The bonus policy of XM is standard 50% for new customers (under a certain policy) but from time to time you may find even better bonus deals. The broker offers also frequent trading contests (real and demo contests). There is also a $30 No-Deposit Bonus promotion (under a certain policy).

 

XM CORPORATE INFO & ACCOUNTS

XM Instruments & Execution Type
 

DD (Market Maker)

CFDs Trading (Commodities, Energy, Stocks, and Indices)

CFDs on Futures (Great for swing-trading as there are no overnight rates)

US Traders
□ XM forbids US Traders
XM Regulation & Foundation
 

XM is regulated by CySEC, FCA UK, and ASIC

XM Headquarters are based in Cyprus

XM was found in 2009

XM Minimum Account Size
□ Minimum account size at XM is $5
Main XM Fund Methods Available
□ Credit/Debit Cards
□ Bank Wire
□ MoneyBookers
□ CashU
□ UnionPay
□ Neteller
□ FasaPay

XM Account Currencies
□ United States Dollar (USD)
□ Euro (EUR)
□ British Sterling (GBP)
□ Japanese Yen (JPY)
XM Bonus Policy
XM offers 30-50% welcome bonus for new traders (credit bonus)
$30 No-Deposit Bonus
 
NOTE: Bonus is not applicable for clients registered under:
  • Trading Point of Financial Instruments Ltd and
  • Trading Point of Financial Instruments UK Ltd.

TRADING WITH XM

XM Leverage
XM offers leverage up to 30:1
XM Execution Type
□ XM is a Market Maker
XM Minimum Lot Size 0.01
XM Spread Type
XM offers Fixed and Variable Spread
XM EUR/USD Spread
□ 1.4 pips
XM GBPUSD Spread
□ 1.8 pips
XM USD/JPY Spread
□ 1.5 pips
Trading Commissions

XM does not charge Trading Commissions, just the spread

But it offers Zero-Spread Accounts

XM Number of Currency Pairs
XM offers 250 financial instruments on MT4/MT5
  • Forex Trading
  • Cryptocurrencies CFDs
  • Stocks CFDs
  • Commodities CFDs, and
  • Equity Indices CFDs

 


 

XM TRADING PLATFORMS

XM Desktop Platforms
 
XM MetaTrader 4
XM MetaTrader 5
Web Trader
XM Mobile Platforms
XM iPhone Trader
XM Android Trader
XM iPad Trader
XM Automated Trading
□ XM provides automated trading via MT4 and MT5
XM Hedging / Scalping □ XM allows Hedging/Scalping

 

XM CUSTOMER SERVICE

XM Customer Support
□ Email
□ Phone
□ Live Chat
XM Customer Service
XM offers 24/5 Customers support
XM provides Individual Account Manager
XM Website Languages Supported (19 Languages)
□ English
□ Spanish
□ Chinese
□ Arabic
□ French
□ German
□ Italian
□ Greek
□ Japanese
□ Portuguese
□ Russian

 

 

Other ECN/STP Brokers: » FBS Review | » IronFx Review

 

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