XM is a well-established international investment firm that has become a true industry leader since its founding.
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Good for basic everyday trading
Been using this broker for 4 years now. They’re good and reliable as long as you avoid trading CPI or NFP then you should be fine. Leverage is up to 1:1000 (RSA). Credit that they offer/ deposit bonus is legit. Its a good broker for basic day to day with low deposit requirements, so if you want to trade news in peace probably sign up with brokers that have higher deposit requirements like FP markets or IC markets. Anything from Australia is good honestly, there is good regulation that side.
This is one of best broker
This is one of best broker , I just do not understand the rating here , over the last 5 years I never had any issues with them , no slippage , fast deposit and withdrawal good spread on Ultra low accounts …Reading the reviews here with one star , i can only guess somebody is running against them with fake reviews .
Don t trust fake reviews and give XM their cahnces , you will not regret it
well my first experience with xm turned good
I was contacted by my account manager MR. Hazem whom i thank him very much a respectable person and the minor problem was solved professionally thank you
I wish there were no stars to choose…
I wish there were no stars to choose from this xm broker I made a deposit and they gave me a lousy link/ bar code to scan. And the transaction was successful. And now they would not accept the documents provided by my bank asking for documents again this is the 5th or more time I have to submit. SO PLEASE ANYONE DO NOT THINK GETTING XM AS YOUR BROKER. RUN FOR THE HILLS THEY KNOW THE LOOP HOLE TO GET MONEY FROM YOU
Fake Promotions .
Fake Promotions .. Take care
To the company
Finished Gala Requirements ( 10 Lots ) after that I make a chat and confirmed me that I am in . Then, it seems in account I am not finished . You told me because I delete the trading account and open new one , and asked you to restore the account . You told me you can not
If you can not handle my account , Who Can ??!!!
Don’t tell me any boring talk , Your operation not helpful . I will tell my bad experience everywhere
Becareful of trading once in profit…
Becareful of trading once in profit, they will reduce leverage to 1:100 and remove all bonus from your trading account. My first 2 trades in losses so nothing happen when trade in losses. But once you start making profit, they will send you email saying they have decreased my leverage and remove all bonus. Beware of joining this broker!! hope my review is of good help
There were a lot of competitions here
There were a lot of competitions here, I feel right now there are not so many.
Like, there was a competition to predict the NFP level. Or predict the EUR/USD to the tee on a specific date. I feel like these are very cool, would love to see them more, not just 1v5000 competitions that are impossible to win for a newer trader like me.
This is great broker, just giving them some ideas.
This broker is fake broker I deposit…
This broker is fake broker I deposit today 400$ I make profit 327$ I submit withdrawal request 727$ and Xm only return my deposit cutt my profit this is scam please alert.
This is my trading account 85222741
Account name Shan Muhammad
High Spreads
XM promises 1 pip spreads but when im trading usdcad and other pairs they are always above 3 pips. I have been stopped out many times because of it and its quite annoying
Thief’s
It the insult of other good brokers I we say xm is good broker. Know tell you the all story me and my friend invest $3000 for trading in xm account from my friend account we loss all accunt the xm charts are totally different from tradingview and the give irrelevant spikes and it’s my personal opinion they never pass your orders in real market because they know you loss all. And after this incident my friend condem suicide and he is no more😭😭😭😭😭. so that’s why I comment from my email.
I requested to trustpoilet please not delete this comment help me to save the life of innocent people’s like my friend.
The Genesis of XM: Year of Foundation
XM was founded in 2009 and has swiftly emerged as a key player in the financial industry. The broker‘s commitment to fair trading practices and extensive experience has made it a favored choice among traders globally.
Offices
XM has demonstrated a strong commitment to client relations by visiting over 120 cities worldwide. This global outreach, through seminars and face-to-face meetings, underscores XM’s dedication to building meaningful connections with clients and partners.
XM is regulated by several esteemed financial authorities, ensuring a safe and transparent trading environment:
Regulations
- CySEC (Cyprus Securities and Exchange Commission) – Cyprus
- IFSC (International Financial Services Commission) – Belize
- ASIC (Australian Securities and Investments Commission) – Australia
These regulations uphold strict standards, enhancing the trust and security of XM’s trading conditions.
Client Protection
XM places a high priority on client protection, employing several measures to ensure a secure trading experience:
- No Re-quotes and No Rejections Policy: Guarantees a reliable trading environment.
- Fast Execution: 99.35% of all trading orders are executed in under one second.
- Segregated Accounts: Client funds are securely held in partnership with investment-grade banks.
- Negative Balance Protection: Ensures clients cannot lose more than their account balance.
Client Insurance
Retail client funds at XM are insured up to €20,000 by the Investor Compensation Fund, providing an additional layer of security for traders.
Dealing Desk
XM operates a no dealing desk (NDD) model, allowing direct market access without intermediaries. This approach ensures a transparent trading experience with competitive conditions.
Platforms
XM offers a diverse selection of trading platforms to cater to different trader needs:
- MetaTrader 4 (MT4): Widely recognized for its user-friendly interface and comprehensive analytical tools.
- MetaTrader 5 (MT5): An advanced version of MT4 with enhanced technical indicators, order types, and charting capabilities.
- Additional Platforms: XM provides access to 10 full-featured trading platforms, ensuring flexibility and convenience.
Instruments
XM provides access to over 1,000 financial instruments, including:
- Forex: A wide range of currency pairs.
- Equity Indices: Major global indices.
- Precious Metals: Gold, silver, and other metals.
- Energies: Oil and gas.
Payment Methods
XM supports over 25 secure payment methods for deposits and withdrawals, ensuring ease of transactions for traders.
XM | Summary Features
Platforms | MT4 | MT5 |
Account Types | STD | MIC | Ultra |
Minimum Deposit | 05 USD |
Maximum Leverage | 1:1000 |
Minimum Volume | 0.01 Lot |
Stop Out Level | 20% |
Spread Type | Variable Spread |
EA | Hedge | Scalp | Allowed |
Islamic Accounts | Valid |
Deposit Methods | Visa | Online |
In summary, XM stands out as a broker that combines experience, fairness, and a commitment to client satisfaction. Whether you’re a beginner or an experienced trader, XM offers the tools and support you need to achieve your investment goals.
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