XM is a rising star on the block. With over 100 financial instruments available for trading, transparent pricing, competitive low spreads and flexible leverage, this forex broker brings fairness, efficiency and latest innovations to bring your trading experience to the next level.

 

Regulation

XM.COM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus), Trading Point of Financial Instruments Pty Ltd. (Australia) and Trading Point NZ Ltd (New Zealand).

Trading Point of Financial Instruments Pty Ltd is authorized and regulated by ASIC (AFSL no. 443760).

Trading Point NZ Ltd is a FSP (Financial Service Provider), and it is registered with the FSP under registration no. FSP235905.

 

Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 120/10, and registered with FCA (FSA, UK), under reference no. 538324. Trading Point of Financial Instruments Ltd is governed by the Markets in Financial Instruments Directive (MiFID) of the European Union.

xm overview

 

 

 Open Trading account with XM broker today!

 

Trading Conditions 

XM brings forex and commodities to the highest possible standards with wide range of unique and professional features. XM outshines other brokers with no re-quotes or rejections of trading orders, no hidden fees or commissions, with 1 second execution of more than 99% of the orders.

One of the most unique offers of the broker is the flexible leverage of up to whooping 888:1. This is one of the highest leverage options we have never encountered.

Over 60 currency pairs and more than 100 financial instruments can be traded either on the phone or with 9 advanced and very powerful trading platforms.

Tight spreads available on all account types, so no matter what experience you have, you will get the best spread available. Fractional pip pricing is also available with XM.

There is a minimum deposit requirement of just $5 for Micro, Standard and Executive platforms.

 xm accounts opened

 

Account Types

Demo Account

When a broker offers unlimited demo account loaded with $100,000 virtual cash, the only thing that comes up to mind is “LIKE!”. The attitude “practice-all-you-want” is the right way to go and brokers that do not pressure you to open a live account get lots of extra points in this review.

Live Accounts

The selection of live accounts can be compared in the table below:



MICRO

STANDARD

EXECUTIVE

Base Currency Options

USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB

USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB

USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB

Contract size (lot)

1000

100000

100000

Initial deposit*

$5 – $20000

$20001 – $100000

$5 – $20000

$20001 – $100000

$100000 +

Leverage

1:1 to 1:888

1:1 to 1:200

1:1 to 1:888

1:1 to 1:200

1:1 to 1:100

Spread on all majors

As low as 1 pip

As low as 1 pip

As low as 1 pip

Commission

No

No

No

Maximum open/pending orders

200 positions

200 positions

200 positions

Lot restriction per ticket

100 lots

50 lots

50 lots

Hedging allowed

Yes

Yes

Yes

Islamic Account

Optional

Optional

Optional

 

 Open Trading account with XM broker today!

 

Trading Platforms 

You have a selection of 9 trading platforms accessible from 1 single account for both demo and real account:

XM MT4 – designed for both newbies and experienced traders, this platform is one of the most wanted! Here you get a combination of speed, charting, features and strategies necessary to find and take advantage of profitable opportunities in the financial markets with just one click.

This platform is also available for MAC without the need of Parallel Desktop or Boot Camp.

MetaTrader 4 has multi terminal capabilities with ability to manage more than 100 accounts at once.

XM WEB Trader – for those of you interested in web-based platforms, get full access to your account with XM Web version and take advantage of professional trading tools and features. With XM Web you can chart and analyze your moves to turn the trading predictions into real profits.

XM Iphone, Ipad, Mobile, Droid Trader – mobile device capabilities are a must! Today you do want to be able to access your trading account with your iPhone, iPad, tablet, Windows Phone or Android. You  can do so with XM iPhone version with unique platform fully compatible with your MetaTrader 4 account.

XM MAM Trader – Fund and portfolio managers, as well as individuals interested in managing multiple accounts can take advantage of MAM trader platform. Here you find all the features of MetaTrader 4, including expert advisors, advanced charting and automated trading.

xm payment methods

 

Payment Methods

Account funding is 100% automatic and processed 24/7, while same day withdrawals are guaranteed. 

Clients can choose from various modern payment options such as credit cards (VISA, VISA Electron, MasterCard, Switch, Solo) bank wire, Neteller, Moneybookers Skrill, Western Union, MoneyGram, WebMoney, China UnionPay, SOFORT, iDEAL, paysafe card, QIWI, CASHU, ABAOOS, MONETA, giro pay,Przelewy24,l Astro Pay Card, FasaPay 

 

Bonus Programs and Competitions

There are always plenty of promotions and competitions to choose from. XM goes far and beyond to bring the most exciting offers to increase your initial capital, bring entertainment to your door steps and reward the winners of the challenges.

 

Welcome Bonus up to $5,000

XM currently runs best rewards for Real Account owners. Today you can enter the market with up to $5,000 on top of your won deposit!

The way the bonus works is pretty simple. The amount of trades you make correspond to the amount of bonus you get. Bonus is instant and automatically added to your account.

The offer is limited, so use it while you can!

 

Loyalty Program

Stay with XM and earn infinite cash rewards and bonuses along the way. Along with the bonuses that you are used to, there are also seasonal limited offers and highly exclusive bonuses available on invitation.

The Loyalty Program works like this – you earn XM Points as you trade and this increases your Loyalty Level from Executive, Gold, Diamond to Elite. With Elite status, for example, you get 20 XM Points per lot traded. This can be redeemed into real money into your trading account.

 

Contests

With XM contests you can select the amount of people to compete against, you can choose the starting time of the contest. It is also possible to set the duration of the contest ranging from 15 minutes to 1 month. You can select the instruments you wish to trade during the contest.

What is definitely a fun touch, there are a lot of contests to choose from and there are no limits on how many contests you can join and win!

 

Customer Support 

Multilingual Personal Account Managers assist clients’ via live chat, by telephone or email in over 14 languages 24 hours on 5 business days.  

Rich forex educational material is at clients’ disposal, with free weekly interactive webinars, as well as with free MT 4 video tutorials. The multilingual economic calendar, along with forex news and market analysis provided by financial experts help clients follow market changes and adapt their trading decisions accordingly.

 

Have you traded with XM forex brokers? Write about your experience, feedback and thoughts. Post your XM review by filling in the form below:

Comments  

+2 #1 JiAn 2014-04-23 07:52
I was a victim of their wide spreads that occur on my favorite pair at a certain times of the day.
Quote

Add comment


Security code
Refresh