Xm global
Among the advantages of the service, clients note a modern multi-language interface, stable operation of the software, timely payments, fast registration and simple verification, a large number of instruments for trading, low spread, fast order execution, frequent bonuses, reliability, competent support service.
Top-3 forex bonuses
Personal account managers,
XM broker review
XM brokerage company was created as a coproduct of trading point financial instruments ltd., which has a reputation of one of the world's largest providers of internet trading services. Forex broker XM started its activity in 2009. The company was founded in cyprus, called initially xemarkets, but after rebranding its name was shortened to XM.
XM in 2020 is a significant and globally recognized investment company with a leading position in the industry. The broker has the knowledge and resources to allow traders with any experience and from any country in the world to implement their investment plans successfully. And by tracking the latest trends in the industry and incorporating the latest technologies into its operations, the company is continuously improving to meet the growing and more sophisticated needs of its clients.
The results of the company's work for ten years: 2 500 000+ clients; traders from 196 countries; support of 30+ languages; 25+ payment systems; 16 multifunctional trading platforms; 450+ specialists with rich experience in finance.
Regulation
The british regulation of the FCA (trading point of financial instruments UK limited) is the most powerful advantage of a broker. It means that the company's activity meets all the regulatory rules and regulations. A licensed broker is a reliable broker, and if he has a license from the most significant regulated body, the integrity of his work is beyond doubt.
Also, XM group is licensed by ASIC in australia (trading point of financial instruments pty limited) and cysec in cyprus (trading point of financial instruments ltd).
Feedback
One of the most important indicators of the broker's work is the feedback of traders who already have experience working with the platform and are ready to share it. Reading the feedback from XM clients, you realize that a broker tries to work for a client, always goes to a meeting, providing high-quality services and excellent service. Traders are happy to work with a broker and do not need to use other similar services, the reliability of most of which is in considerable doubt. They highly appreciate XM and leave a lot of positive feedback.
First of all, users are impressed by the principles on which the work of the broker XM is built. Excellent, attentive attitude to the client and his needs, quick problem solving, favourable conditions for profitable trading and all this is accompanied by the highest service.
Among the advantages of the service, clients note a modern multi-language interface, stable operation of the software, timely payments, fast registration and simple verification, a large number of instruments for trading, low spread, fast order execution, frequent bonuses, reliability, competent support service.
"I like this broker, and I have been working closely with him for a long time. Always payments are timely, and I am satisfied with them. You can count on it, and what else do you need?"
"thank you, XM for its quality service! One of the few companies that warn about trade risks."
"quite a good broker with excellent, just great execution. Of course, the spreads are a bit large, but due to the excellent execution of trades, this is not felt. The website has a great bonus program and loyalty program".
“positive broker, the main advantage of technical support of the client on the questions, timely, accurately, withdrawal of money on the day of the order on the conclusion that pleases, not everyone has it: traditional trading conditions, plus bonuses. I continue to trade with XM”.
As for negative reviews, of course, they also exist, but they are rare. The deal was cancelled, long waiting for withdrawal of funds, too secure password, etc.
6 asset classes - 16 trading platforms - over 1000 instruments.
Trade forex, individual stocks, commodities, precious metals, energies and equity indices at XM.
Advantages and disadvantages
International focus: 2.5 million clients from 196 countries;
Licensed and regulated broker: FCA (UK), ASIC (australia), cysec (cyprus);
Intuitive and straightforward interface, characterized by the smooth operation;
Multilingualism: customer service in more than 30 languages;
Seven asset classes: trading currencies in forex, stock indices, commodities, stocks, metals and energy;
Three types of accounts with different trading conditions, as well as the possibility to open a demo account;
The minimum deposit to open an account is $5;
100% order execution and 99.35% of transactions are opened within 1 second;
100% order execution and 99.35% of transactions will be unlocked within 1 second;
Fast implementation of orders on cent accounts;
1000+ traded instruments;
Narrow spreads: from 0.6 pips for all trading accounts;
55+ popular currency pairs;
300+ cfds on shares, indices, commodities, metals, energy;
Zero commissions for input and output;
Personal account managers;
Free daily technical analysis of the forex market;
A huge amount of training materials, free webinars;
Issue of mastercard bank cards with your logo and the ability to withdraw funds to them without commission pay for goods and services on the internet;
Fast and qualified technical support;
Bonuses: welcome bonus (up to 5000$), a loyalty program.
Weak password protection for your account: you cannot use special characters when compiling a password;
Lack of two-factor authentication;
Not regulated by the central bank of russia;
No ECN-accounts (electronic communication network).
Xm global
As an existing XM real account holder you can simply register an additional account through the members area with 1 click. No additional validation is required.
Unlimited loyalty program
Earn XM points on every trade, then redeem those points for real cash rewards and credit points.
Extra promotions
Get additional exclusive promotions throughout the year either on a seasonal basis or by invitation only.
© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions
Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.
Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.
Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).
Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.
Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
For more information please read our cookie policy.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
Read more, or change your cookie settings.
Your cookie settings
What are cookies?
Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.
Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.
We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.
Why are cookies useful?
We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.
Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.
In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.
Here is an overview of some of the functions our cookies provide us with:
- Verifying your identity and detecting the country you are currently visiting from
- Checking browser type and device
- Tracking which site the user was referred from
- Allowing third parties to customize content accordingly
This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.
XM broker review
XM brokerage company was created as a coproduct of trading point financial instruments ltd., which has a reputation of one of the world's largest providers of internet trading services. Forex broker XM started its activity in 2009. The company was founded in cyprus, called initially xemarkets, but after rebranding its name was shortened to XM.
XM in 2020 is a significant and globally recognized investment company with a leading position in the industry. The broker has the knowledge and resources to allow traders with any experience and from any country in the world to implement their investment plans successfully. And by tracking the latest trends in the industry and incorporating the latest technologies into its operations, the company is continuously improving to meet the growing and more sophisticated needs of its clients.
The results of the company's work for ten years: 2 500 000+ clients; traders from 196 countries; support of 30+ languages; 25+ payment systems; 16 multifunctional trading platforms; 450+ specialists with rich experience in finance.
Regulation
The british regulation of the FCA (trading point of financial instruments UK limited) is the most powerful advantage of a broker. It means that the company's activity meets all the regulatory rules and regulations. A licensed broker is a reliable broker, and if he has a license from the most significant regulated body, the integrity of his work is beyond doubt.
Also, XM group is licensed by ASIC in australia (trading point of financial instruments pty limited) and cysec in cyprus (trading point of financial instruments ltd).
Feedback
One of the most important indicators of the broker's work is the feedback of traders who already have experience working with the platform and are ready to share it. Reading the feedback from XM clients, you realize that a broker tries to work for a client, always goes to a meeting, providing high-quality services and excellent service. Traders are happy to work with a broker and do not need to use other similar services, the reliability of most of which is in considerable doubt. They highly appreciate XM and leave a lot of positive feedback.
First of all, users are impressed by the principles on which the work of the broker XM is built. Excellent, attentive attitude to the client and his needs, quick problem solving, favourable conditions for profitable trading and all this is accompanied by the highest service.
Among the advantages of the service, clients note a modern multi-language interface, stable operation of the software, timely payments, fast registration and simple verification, a large number of instruments for trading, low spread, fast order execution, frequent bonuses, reliability, competent support service.
"I like this broker, and I have been working closely with him for a long time. Always payments are timely, and I am satisfied with them. You can count on it, and what else do you need?"
"thank you, XM for its quality service! One of the few companies that warn about trade risks."
"quite a good broker with excellent, just great execution. Of course, the spreads are a bit large, but due to the excellent execution of trades, this is not felt. The website has a great bonus program and loyalty program".
“positive broker, the main advantage of technical support of the client on the questions, timely, accurately, withdrawal of money on the day of the order on the conclusion that pleases, not everyone has it: traditional trading conditions, plus bonuses. I continue to trade with XM”.
As for negative reviews, of course, they also exist, but they are rare. The deal was cancelled, long waiting for withdrawal of funds, too secure password, etc.
6 asset classes - 16 trading platforms - over 1000 instruments.
Trade forex, individual stocks, commodities, precious metals, energies and equity indices at XM.
Advantages and disadvantages
International focus: 2.5 million clients from 196 countries;
Licensed and regulated broker: FCA (UK), ASIC (australia), cysec (cyprus);
Intuitive and straightforward interface, characterized by the smooth operation;
Multilingualism: customer service in more than 30 languages;
Seven asset classes: trading currencies in forex, stock indices, commodities, stocks, metals and energy;
Three types of accounts with different trading conditions, as well as the possibility to open a demo account;
The minimum deposit to open an account is $5;
100% order execution and 99.35% of transactions are opened within 1 second;
100% order execution and 99.35% of transactions will be unlocked within 1 second;
Fast implementation of orders on cent accounts;
1000+ traded instruments;
Narrow spreads: from 0.6 pips for all trading accounts;
55+ popular currency pairs;
300+ cfds on shares, indices, commodities, metals, energy;
Zero commissions for input and output;
Personal account managers;
Free daily technical analysis of the forex market;
A huge amount of training materials, free webinars;
Issue of mastercard bank cards with your logo and the ability to withdraw funds to them without commission pay for goods and services on the internet;
Fast and qualified technical support;
Bonuses: welcome bonus (up to 5000$), a loyalty program.
Weak password protection for your account: you cannot use special characters when compiling a password;
Lack of two-factor authentication;
Not regulated by the central bank of russia;
No ECN-accounts (electronic communication network).
Xm global
As an existing XM real account holder you can simply register an additional account through the members area with 1 click. No additional validation is required.
Unlimited loyalty program
Earn XM points on every trade, then redeem those points for real cash rewards and credit points.
Extra promotions
Get additional exclusive promotions throughout the year either on a seasonal basis or by invitation only.
© 2021 XM is a trading name of trading point holdings ltd. All rights reserved. | privacy policy | cookie policy | terms and conditions
Legal: this website is operated by trading point of financial instruments limited with registered address at 12 richard & verengaria street, araouzos castle court, 3rd floor, 3042 limassol, cyprus.
Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, trading point MENA limited.
Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (licence number: 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).
Risk warning: forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.
Trading point of financial instruments limited provides investment and ancillary services to residents of the european economic area (EEA) and the united kingdom.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
For more information please read our cookie policy.
This website uses cookies
By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
Read more, or change your cookie settings.
Your cookie settings
What are cookies?
Cookies are small data files. When you visit a website, the website sends the cookie to your computer. Your computer stores it in a file located inside your web browser.
Cookies do not transfer viruses or malware to your computer. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs (i.E. They record user activity and remember stateful information) and they get updated every time you visit a website.
We may obtain information about you by accessing cookies, sent by our website. Different types of cookies keep track of different activities. For example, session cookies are used only when a person is actively navigating a website. Once you leave the website, the session cookie disappears.
Why are cookies useful?
We use functional cookies to analyse how visitors use our website, as well as track and improve our website’s performance and function. This allows us to provide a high-quality customer experience by quickly identifying and fixing any issues that may arise. For example, we might use cookies to keep track of which website pages are most popular and which method of linking between website pages is most effective. The latter also helps us to track if you were referred to us by another website and improve our future advertising campaigns.
Another use of cookies is to store your log in sessions, meaning that when you log in to the members area to deposit funds, a "session cookie" is set so that the website remembers that you have already logged in. If the website did not set this cookie, you will be asked for your login and password on each new page as you progress through the funding process.
In addition, functional cookies, for example, are used to allow us to remember your preferences and identify you as a user, ensure your information is secure and operate more reliably and efficiently. For example, cookies save you the trouble of typing in your username every time you access our trading platform, and recall your preferences, such as which language you wish to see when you log in.
Here is an overview of some of the functions our cookies provide us with:
- Verifying your identity and detecting the country you are currently visiting from
- Checking browser type and device
- Tracking which site the user was referred from
- Allowing third parties to customize content accordingly
This website uses google analytics, a web analytics service provided by google, inc. ("google"). Google analytics uses analytical cookies placed on your computer, to help the website analyze a user's use of the website. The information generated by the cookie about your use of the website (including your IP address) may be transmitted to and stored by google on their servers. Google may use this information to evaluate your use of the website, to compile reports on website activity and to provide other services related to website activity and internet usage. Google may also transfer this information to third parties, where required to do so by law, or where such third parties process the information on behalf of google. Google will not associate your IP address with any other data held. By using this website, you give your consent to google to process data about you in the manner and for the purposes set out above.
XM review and tutorial 2021
Go to the brokers list for alternatives
XM.Com offer a range of account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
XM.Com deliver ultra low spreads across a huge range of forex markets. Flexible lot sizes, and micro and XM zero accounts accommodate every level of trader.
XM review; touted as the next generation broker for online forex and commodity trading, XM global webtrade is suitable for beginner and seasoned traders alike. Traders can get started with the trading software real account, or test the waters with a demo account platform with $100,000USD of virtual currency.
Highlights of this particular broker service include auto trading, no hidden fees or commissions and fast order executions, with 99.35% taking place in under 1 second.
Company details
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10).
Trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670).
XM global was established in 2017 and is regulated by the international financial services commission (000261/106).
The platform boasts over 1.5 million clients with traders in 196 countries. The XM ethos is all about being big, fair and human. The company prides itself on things like excellent customer service and a personalised approach for every client, no matter their investment goals.
XM trading platform
XM offers 2 trading platforms which are accessible from both real and demo accounts. The multi-award winning metatrader 4 is predominantly a forex trading platform that supports stop, limit, market and trailing orders.
The metatrader 5 platform is a multi-asset trading platform which also offers access to stocks, stock indices and precious metals. Both platforms are available on apple and android devices, which makes for a smooth and easy-to-use mobile trading experience.
The trading area offers additional, optional tools, such as economic calendar or trade volume stats.
Assets / markets
This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes forex trading, stocks cfds, commodities cfds, equity indices cfds, precious metals cfds and energies cfds.
Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs.
XM does not offer binary options or futures.
Spreads & commission
Spreads vary depending on the kind of account opened. It’s possible to open a micro account, standard account and XM zero account. The minimum spread across all accounts is 0.1 pips, and the average spread for a major pair such as EUR/USD is 0.1 pips.
XM operates a strict “no hidden fees or commission” policy. As such, commission is only given for XM zero accounts. XM covers all transfer fees and same-day withdrawals are guaranteed.
Leverage
Depending on the instrument, the leverage can range from 2:1 to 30:1. This is completely flexible and XM offers its clients the chance to manage their own leverage risk. Margin requirements remain constant throughout the week and never widen at weekends or at night.
This leverage applies to clients registered under the EU regulated entity of the group.
XM mobile apps
XM is available on a number of android and apple devices, including apple iphone, apple ipad and android tablets and android phones. Login is super-easy and can be done via fingerprint. You can download their apps from the apple app store or the google play store.
They are both fully functional and allow for monitoring and trading on-the-go. The desktop platforms for PC and mac both support one-click trading.
XM global trading platforms
Payment methods
In line with conventional KYC regulations, users need to provide a colour copy of an official identification document such as a passport or a driver’s license. They also need to provide a recent utility bill dated within the last three months as proof of address.
Once registered, the minimum deposit amount is $5 for micro and standard accounts, while zero accounts require a minimum deposit of $100.
Deposits can be made using most major credit cards, electronic payment methods, wire transfer, local bank transfer and more.
Deposits can be made in any currency and it will be automatically converted into the currency you select as your base currency when opening the account.
All withdrawals are processed in 24 hours and there are no fees to take your money out of your ewallet.
Demo account
XM excels in its demo account offering. Users can set up a demo account with just a few details and then get trading with a virtual balance of $100,000USD. The XM demo account is unique in that it offers exactly the same trading conditions as the real thing.
There are no time limits on how long you can use your demo account.
Bonus deals and promotions
XM also offers a free VPS (virtual private server) service to help increase the speed of trades. This VPS is accessible from anywhere and available 24/7. They claim to eliminate downtime and are available across the globe.
XM are also offering commission and fee free withdrawals and deposits.
As an EU regulated brand, XM comply with the ESMA ban on bonuses, and the $30 deposit bonus is no longer available to EU traders.
Regulation and licensing
As noted above, XM group has a range of brands covered by different regulators.
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10).
Trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670).
XM global was established in 2017 and is regulated by the international financial services commission (000261/106).
Additional features
One of the biggest perks available on the XM platform is the wealth of training and educational materials available. The platform hosts regular webinars aimed at newcomers and seasoned professionals alike.
The platform is inherently social, encouraging users to learn from their team of instructors. The company also published research and technical analysis.
XM MT4 and MT5 forex trading
XM account types
There are four levels of trading account, micro, standard and zero. All accounts allow up to 200 open/pending positions per client.
- Micro accounts: micro accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and can get started with a minimum deposit of $5USD. 1 micro lot is 1,000 units of the base currency.
- Ultra low accounts: XM ultra low accounts, can use EUR, USD, GBP, AUD, ZAR, SGD as the base currency and traders will require a minimum deposit of $50 USD. 1 standard ultra lot is 100,000 units of the chosen base currency, whereas, 1 micro ultra lot is 1,000 units of the base currency. XM ultra low accounts are not applicable to all entities of the group.
- Standard: standard accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and traders can get started with just $5USD. 1 standard lot is 100,000 units of the chosen base currency.
- Zero accounts: zero accounts can use USD, JPY and EUR as the base currency and traders will require a minimum deposit of $10USD. Like the standard account, 1 standard lot is 100,000 units of the chosen base currency.
Benefits
XM offers a full-service education package on forex, ideal for those making their first steps into trading.
However, this isn’t at the expense of the more seasoned professional, who also have access to expert analysis and unparalleled tracking tools. As a company that prides itself on solid customer service, their users are well-served with support available in many different languages.
Drawbacks
While the support may be strong, some users dislike that customer support is only available monday to friday. Another disadvantage is the lack of diversity between the different account types makes for a less personalised feel.
Other brokers offer more a distinct offering in their accounts, but the micro, standard and zero accounts are almost identical. And finally, paypal deposits are not currently supported, which can be problematic for some.
Traders from certain regions are also forbidden to open an account due to licensing laws, these include canada and the united states.
Trading hours
In line with worldwide forex market hours, XM is available 24 hours a day. For phone trading, the XM trading hours are sunday 22:05 GMT through to friday at 21:50 GMT.
Contact details / customer support
The easiest way to contact XM is through their live chat feature found on the contact page of their website.
You can also email support on: support@xm.Com
Or call on +357 25029933.
Safety and security
There are no obvious security concerns with the website. Users are required to confirm their email address in order to open a demo account but signing up for email updates is not a requirement. In order to open a trading account, identification documents are required.
According to the company privacy policy, XM has organisational procedures in place to ensure that personal data is kept secure.
Overall verdict
XM offers a comprehensive broker service to traders of all levels. Whether you are just starting out and learning the ropes, or if you’re a seasoned trader looking for a reliable and efficient platform, XM is a solid choice.
Despite the shortcomings with the different account options, the platform is easy to use and simple to navigate.
Accepted countries
XM accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.
Traders can not use XM from united states, canada, israel, iran, portugal, spain.
Review
Introduction
XM was first started back in 2009 in london and now they have an offering of more than 400 different instruments.
This includes over 350 cfds, as well as 57 currency pairs and 5 cryptocurrency cfds. XM is regulated by the FCA in the united kingdom and they have european passports with the mifid, as well as being regulated by the cysec in cyprus, as well as being regulated in australia as an ASIC entity.
They offer more than 30 language options for their users and they cater for any and all levels of trader. One of the recent awards they have received is being named as the best FX broker in europe in 2018 by the world finance magazine.
- Over 30 supported languages
- Numerous esteemed awards
- Regulated by well-respected authorities
Trading conditions
XM offer three different types of account for their users. The micro account is best suited to beginners, with the standard account being ideal for flexible traders. The XM zero account generally is best suited for regular traders or those who place significant trades.
Depending on the specific instrument, for each of the account types you will be dealing with leverage ranging from 1:1 up to 30:1. While there are seven base currency options available with micro and standard accounts, you can only deal with USD and EUR when you have a XM zero account.
You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission. Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
The commission is $5 per side, so you are looking at competitive pricing as a whole.
XM always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals.
- Wide ranging promotions
- Commission free account options
- 3 different account types
Products
In total, there are 356 different cfds offered by XM, with five of these being cryptocurrency cfds. There are 57 currency pairs on offer and they don’t offer any ETF products.
- 356 CFD options
- No ETF products
- 57 currency pairs
Regulation
Having been around since 2009, XM are regulated by a number of trusted authorities. They are authorised in the european union, as well as being regulated by the FCA in the united kingdom. They have the necessary approval from the cysec in cyprus as well as being a ASIC regulated entity in australia.
Platforms
The only platform that is offered by XM is metatrader, which is an industry standard trading platform. They offer both metatrader 4 and metatrader 5 and they have tweaked them slightly to suit the specific needs of their users.
You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise.
- Metatrader is the only trading platform available
- 51 trading indicators
Mobile trading
As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, whether it is through the MT4 or mt5 apps which can be downloaded straight away from either the app store or the android play store.
There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.
Pricing
With XM the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are three different account types in total. You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission.
Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
The commission is $5 per side, so you are looking at competitive pricing as a whole.
Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade.
- Competitive spreads thanks to XM being the sole dealer
- Varying commissions and fee levels depending on account type
Deposits & withdrawals
With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the XM zero account type.
All of the usual forms of deposit and withdrawal are available with XM, such as neteller moneybookers, debit and credit cards and skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though.
When it comes to withdrawing from XM, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place.
- Variety of banking options
- Quick processing times
Customer support
More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature.
You can also give them a call or send them an email, with the team working on weekdays only.
- 14 languages catered for
- 24/5 customer support
Research & education
There is a library of free educational materials for XM users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.
Noteworthy points
As a whole XM is a trusted broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service.
As they are completely reliant on metatrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.
Catering for 30 languages and having received numerous awards in recent years, including being named as the best FX broker in europe in 2018 by the world finance magazine, they hold a reputable place in the sector.
- 30 languages catered for
- Free VPS service
- Best broker in europe 2018 – world finance magazine
Conclusion
XM is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
As they are reliant on metatrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000.
They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be.
If you are looking for a platform that is easy and straightforward to use and that looks after their users, XM could be the right option for you.
Comparison
Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.
XM global
XM global review by professional forex trading experts, all you need to know about XM global limited, for more information about XM global forex broker you can also visit XM review by forexsq.Com currency trading website, the top forex broker ratings fx brokers website and the fxstay.Com online investing company and get all information you need to know about XM trading forex broker.
What is XM global limited?
XM global lmited is registered with name of trading point of financial instruments UK limited.
Trading point of financial instruments UK limited is incorporated in england and wales (no. 09436004) with the following registered address: citypoint building, 1 ropemaker street, london, EC2Y 9HT.
Trading point of financial instruments UK limited is authorised and regulated in the united kingdom by the financial conduct authority (reference number 705428).
XM global trading platforms
XM.Com global broker provides 9 trading platforms, five of which are keen to desktop computers and 4 that are keen to mobile traders. The most popular is XM global MT4 and XM global MT5 trading platforms.
XM global account types
There are 4 types of XM.Com broker trading account types:
Zero account
XM zero accounts provide spreads as little as 0 on 56 currency pairs, silver and gold and the leverage up to 500:1.
Micro trading account
This kind of account is suitable for those who need to accept a low risk approach near investing. This trading account essentials a really low minimum initial deposit of just 5 dollars.
Standard trading account
The standard trading account is more suitable for the expert and more skilled traders. Though the profits are the similar as micro trading accounts, traders with standard trading accounts can trade with greater contract size.
Managed forex accounts
Customers who don’t have the involvements or time to trade for they can also trust on the extra services provided by XM through the method of managed accounts. An expert account manager will help customers’ with their trades and also assistance to manage their assets for them.
Islamic account
Knowing that the forex market is a universal marketplace, it also make payments for those traders who request to trade in accord with their spiritual belief. The islamic trading permits traders to bearing trades based on sharia ideologies.
XM global demo account
Through the XM global demo account, traders can trial out their trading approaches without having to risk real money. Every demo account is providing with 100,000 dollars in virtual money so traders can attempt to simulate real trading situations.
XM global deposit and withdrawal methods
They take the most normally used banking approaches today comprising electronic payments, credit cards, local bank transfers, bank wire transfers, western union and moneygram. Their coverage is fairly extensive and enhances more suppleness on adding assets into the account.
XM global login
To do XM login you can visit the broker’s website and after sign up with the broker you can check your email and do XM global login.
XM global review conclusion
However the XM.Com forex broker is regulated but invest the amount you can afford to lose it as online trading contains risk of losing your money.
By this XM forex review now you know all about XM trading platform, there is other XM broker review on the internet to know about XM MT4, XM login and XM download, if you like this XM forex broker review then share it please and help other currency traders to know about this XM trading review.
Publishers
A guide to uninstall XM global MT4 from your computer
This web page contains detailed information on how to uninstall XM global MT4 for windows. The windows version was developed by metaquotes software corp. . More info about metaquotes software corp. Can be found here. You can read more about related to XM global MT4 at https://www.Metaquotes.Net. The program is often located in the C:\program files (x86)\XM global MT4 folder (same installation drive as windows). You can remove XM global MT4 by clicking on the start menu of windows and pasting the command line C:\program files (x86)\XM global MT4\uninstall.Exe. Keep in mind that you might receive a notification for admin rights. The application's main executable file has a size of 10.71 MB (11234656 bytes) on disk and is labeled terminal.Exe.
XM global MT4 is comprised of the following executables which occupy 20.89 MB ( 21900160 bytes) on disk:
- Metaeditor.Exe (9.64 MB)
- Terminal.Exe (10.71 MB)
- Uninstall.Exe (543.06 KB)
This page is about XM global MT4 version 4.00 alone. XM global MT4 has the habit of leaving behind some leftovers.
Folders remaining:
- C:\program files (x86)\XM global MT4
check for and remove the following files from your disk when you uninstall XM global MT4:
- C:\program files (x86)\XM global MT4\config\terminal.Ini
- C:\program files (x86)\XM global MT4\config\terminal.Lic
- C:\program files (x86)\XM global MT4\config\xmglobal-demo 4.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 21.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 22.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 24.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 26.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 27.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 28.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 29.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 32.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 33.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 35.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 36.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 38.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 39.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 41.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 42.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 43.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 44.Srv
- C:\program files (x86)\XM global MT4\config\xmglobal-real 46.Srv
- C:\program files (x86)\XM global MT4\DDE-sample.Xls
- C:\program files (x86)\XM global MT4\history\default\EURUSD240.Hst
- C:\program files (x86)\XM global MT4\history\default\GBPUSD240.Hst
- C:\program files (x86)\XM global MT4\history\default\symbols.Raw
- C:\program files (x86)\XM global MT4\history\default\symbols.Sel
- C:\program files (x86)\XM global MT4\history\default\symgroups.Raw
- C:\program files (x86)\XM global MT4\history\default\USDCHF240.Hst
- C:\program files (x86)\XM global MT4\history\default\USDJPY240.Hst
- C:\program files (x86)\XM global MT4\history\mailbox\1356998400.Arabic
- C:\program files (x86)\XM global MT4\history\mailbox\1356998401.Bulgarian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998402.Chinese (simplified)
- C:\program files (x86)\XM global MT4\history\mailbox\1356998403.Chinese (traditional)
- C:\program files (x86)\XM global MT4\history\mailbox\1356998404.Czech
- C:\program files (x86)\XM global MT4\history\mailbox\1356998405.English
- C:\program files (x86)\XM global MT4\history\mailbox\1356998406.French
- C:\program files (x86)\XM global MT4\history\mailbox\1356998407.German
- C:\program files (x86)\XM global MT4\history\mailbox\1356998408.Greek
- C:\program files (x86)\XM global MT4\history\mailbox\1356998409.Hebrew
- C:\program files (x86)\XM global MT4\history\mailbox\1356998410.Hungarian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998411.Indonesian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998412.Italian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998413.Japanese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998414.Malay
- C:\program files (x86)\XM global MT4\history\mailbox\1356998415.Polish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998416.Portuguese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998417.Russian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998418.Slovenian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998419.Spanish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998420.Tajik
- C:\program files (x86)\XM global MT4\history\mailbox\1356998421.Thai
- C:\program files (x86)\XM global MT4\history\mailbox\1356998422.Turkish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998423.Uzbek
- C:\program files (x86)\XM global MT4\history\mailbox\1356998424.Vietnamese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998425.Arabic
- C:\program files (x86)\XM global MT4\history\mailbox\1356998426.Bulgarian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998427.Chinese (simplified)
- C:\program files (x86)\XM global MT4\history\mailbox\1356998428.Chinese (traditional)
- C:\program files (x86)\XM global MT4\history\mailbox\1356998429.Czech
- C:\program files (x86)\XM global MT4\history\mailbox\1356998430.English
- C:\program files (x86)\XM global MT4\history\mailbox\1356998431.French
- C:\program files (x86)\XM global MT4\history\mailbox\1356998432.German
- C:\program files (x86)\XM global MT4\history\mailbox\1356998433.Greek
- C:\program files (x86)\XM global MT4\history\mailbox\1356998434.Hebrew
- C:\program files (x86)\XM global MT4\history\mailbox\1356998435.Hungarian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998436.Indonesian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998437.Italian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998438.Japanese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998439.Malay
- C:\program files (x86)\XM global MT4\history\mailbox\1356998440.Polish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998441.Portuguese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998442.Russian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998443.Slovenian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998444.Spanish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998445.Tajik
- C:\program files (x86)\XM global MT4\history\mailbox\1356998446.Thai
- C:\program files (x86)\XM global MT4\history\mailbox\1356998447.Turkish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998448.Uzbek
- C:\program files (x86)\XM global MT4\history\mailbox\1356998449.Vietnamese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998450.Arabic
- C:\program files (x86)\XM global MT4\history\mailbox\1356998451.Bulgarian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998452.Chinese (simplified)
- C:\program files (x86)\XM global MT4\history\mailbox\1356998453.Chinese (traditional)
- C:\program files (x86)\XM global MT4\history\mailbox\1356998454.Czech
- C:\program files (x86)\XM global MT4\history\mailbox\1356998455.English
- C:\program files (x86)\XM global MT4\history\mailbox\1356998456.French
- C:\program files (x86)\XM global MT4\history\mailbox\1356998457.German
- C:\program files (x86)\XM global MT4\history\mailbox\1356998458.Greek
- C:\program files (x86)\XM global MT4\history\mailbox\1356998459.Hebrew
- C:\program files (x86)\XM global MT4\history\mailbox\1356998460.Hungarian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998461.Indonesian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998462.Italian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998463.Japanese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998464.Malay
- C:\program files (x86)\XM global MT4\history\mailbox\1356998465.Polish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998466.Portuguese
- C:\program files (x86)\XM global MT4\history\mailbox\1356998467.Russian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998468.Slovenian
- C:\program files (x86)\XM global MT4\history\mailbox\1356998469.Spanish
- C:\program files (x86)\XM global MT4\history\mailbox\1356998470.Tajik
registry that is not cleaned:
- HKEY_LOCAL_MACHINE\software\microsoft\windows\currentversion\uninstall\XM global MT4
registry values that are not removed from your computer:
- HKEY_CLASSES_ROOT\local settings\software\microsoft\windows\shell\muicache\C:\program files (x86)\XM global MT4\metaeditor.Exe.Applicationcompany
- HKEY_CLASSES_ROOT\local settings\software\microsoft\windows\shell\muicache\C:\program files (x86)\XM global MT4\metaeditor.Exe.Friendlyappname
- HKEY_CLASSES_ROOT\local settings\software\microsoft\windows\shell\muicache\C:\program files (x86)\XM global MT4\terminal.Exe.Applicationcompany
- HKEY_CLASSES_ROOT\local settings\software\microsoft\windows\shell\muicache\C:\program files (x86)\XM global MT4\terminal.Exe.Friendlyappname
How to erase XM global MT4 from your PC with advanced uninstaller PRO
XM global MT4 is a program marketed by the software company metaquotes software corp.. Sometimes, people want to remove this application. Sometimes this is difficult because performing this by hand takes some knowledge related to pcs. One of the best EASY action to remove XM global MT4 is to use advanced uninstaller PRO. Here are some detailed instructions about how to do this:
1. If you don't have advanced uninstaller PRO already installed on your system, install it. This is a good step because advanced uninstaller PRO is the best uninstaller and general tool to clean your PC.
- Navigate to download link
- Download the setup by clicking on the green DOWNLOAD NOW button
- Install advanced uninstaller PRO
2. Start advanced uninstaller PRO. It's recommended to take your time to get familiar with the program's interface and wealth of features available. Advanced uninstaller PRO is a very good PC management program.
3. Press the general tools button
4. Press the uninstall programs feature
5. A list of the applications existing on the PC will be shown to you
6. Navigate the list of applications until you find XM global MT4 or simply activate the search field and type in "XM global MT4". If it is installed on your PC the XM global MT4 app will be found very quickly. Notice that after you select XM global MT4 in the list of applications, the following information about the application is made available to you:
- Safety rating (in the lower left corner). This explains the opinion other people have about XM global MT4, ranging from "highly recommended" to "very dangerous".
- Opinions by other people - press the read reviews button.
- Technical information about the app you wish to remove, by clicking on the properties button.
For instance you can see that for XM global MT4:
- The software company is: https://www.Metaquotes.Net
- The uninstall string is: C:\program files (x86)\XM global MT4\uninstall.Exe
7. Click the uninstall button. A confirmation page will appear. Accept the uninstall by pressing uninstall. Advanced uninstaller PRO will then remove XM global MT4.
8. After uninstalling XM global MT4, advanced uninstaller PRO will offer to run an additional cleanup. Press next to proceed with the cleanup. All the items of XM global MT4 which have been left behind will be detected and you will be asked if you want to delete them. By removing XM global MT4 with advanced uninstaller PRO, you can be sure that no windows registry items, files or directories are left behind on your PC.
Your windows PC will remain clean, speedy and ready to serve you properly.
Disclaimer
The text above is not a piece of advice to remove XM global MT4 by metaquotes software corp. From your computer, we are not saying that XM global MT4 by metaquotes software corp. Is not a good application. This page simply contains detailed info on how to remove XM global MT4 in case you want to. Here you can find registry and disk entries that our application advanced uninstaller PRO stumbled upon and classified as "leftovers" on other users' computers.
2017-06-20 / written by daniel statescu for advanced uninstaller PRO
Review
Introduction
XM was first started back in 2009 in london and now they have an offering of more than 400 different instruments.
This includes over 350 cfds, as well as 57 currency pairs and 5 cryptocurrency cfds. XM is regulated by the FCA in the united kingdom and they have european passports with the mifid, as well as being regulated by the cysec in cyprus, as well as being regulated in australia as an ASIC entity.
They offer more than 30 language options for their users and they cater for any and all levels of trader. One of the recent awards they have received is being named as the best FX broker in europe in 2018 by the world finance magazine.
- Over 30 supported languages
- Numerous esteemed awards
- Regulated by well-respected authorities
Trading conditions
XM offer three different types of account for their users. The micro account is best suited to beginners, with the standard account being ideal for flexible traders. The XM zero account generally is best suited for regular traders or those who place significant trades.
Depending on the specific instrument, for each of the account types you will be dealing with leverage ranging from 1:1 up to 30:1. While there are seven base currency options available with micro and standard accounts, you can only deal with USD and EUR when you have a XM zero account.
You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission. Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
The commission is $5 per side, so you are looking at competitive pricing as a whole.
XM always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals.
- Wide ranging promotions
- Commission free account options
- 3 different account types
Products
In total, there are 356 different cfds offered by XM, with five of these being cryptocurrency cfds. There are 57 currency pairs on offer and they don’t offer any ETF products.
- 356 CFD options
- No ETF products
- 57 currency pairs
Regulation
Having been around since 2009, XM are regulated by a number of trusted authorities. They are authorised in the european union, as well as being regulated by the FCA in the united kingdom. They have the necessary approval from the cysec in cyprus as well as being a ASIC regulated entity in australia.
Platforms
The only platform that is offered by XM is metatrader, which is an industry standard trading platform. They offer both metatrader 4 and metatrader 5 and they have tweaked them slightly to suit the specific needs of their users.
You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise.
- Metatrader is the only trading platform available
- 51 trading indicators
Mobile trading
As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, whether it is through the MT4 or mt5 apps which can be downloaded straight away from either the app store or the android play store.
There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.
Pricing
With XM the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are three different account types in total. You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission.
Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
The commission is $5 per side, so you are looking at competitive pricing as a whole.
Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade.
- Competitive spreads thanks to XM being the sole dealer
- Varying commissions and fee levels depending on account type
Deposits & withdrawals
With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the XM zero account type.
All of the usual forms of deposit and withdrawal are available with XM, such as neteller moneybookers, debit and credit cards and skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though.
When it comes to withdrawing from XM, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place.
- Variety of banking options
- Quick processing times
Customer support
More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature.
You can also give them a call or send them an email, with the team working on weekdays only.
- 14 languages catered for
- 24/5 customer support
Research & education
There is a library of free educational materials for XM users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.
Noteworthy points
As a whole XM is a trusted broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service.
As they are completely reliant on metatrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.
Catering for 30 languages and having received numerous awards in recent years, including being named as the best FX broker in europe in 2018 by the world finance magazine, they hold a reputable place in the sector.
- 30 languages catered for
- Free VPS service
- Best broker in europe 2018 – world finance magazine
Conclusion
XM is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
As they are reliant on metatrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000.
They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be.
If you are looking for a platform that is easy and straightforward to use and that looks after their users, XM could be the right option for you.
Comparison
Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.
So, let's see, what we have: A detailed review of the forex XM. How to open an account and start trading step by step. Feedback from traders, pros and cons. Spreads, commissions and trading platforms. At xm global
Contents of the article
- Top-3 forex bonuses
- XM broker review
- Regulation
- Feedback
- Advantages and disadvantages
- Xm global
- XM broker review
- Regulation
- Feedback
- Advantages and disadvantages
- Xm global
- XM review and tutorial 2021
- Company details
- XM trading platform
- Assets / markets
- Spreads & commission
- Leverage
- XM mobile apps
- Payment methods
- Demo account
- Bonus deals and promotions
- Regulation and licensing
- Additional features
- XM account types
- Benefits
- Drawbacks
- Trading hours
- Contact details / customer support
- Safety and security
- Overall verdict
- Accepted countries
- Review
- Introduction
- Trading conditions
- Products
- Regulation
- Platforms
- Mobile trading
- Pricing
- Deposits & withdrawals
- Customer support
- Research & education
- Noteworthy points
- Conclusion
- Comparison
- XM global
- What is XM global limited?
- XM global trading platforms
- XM global account types
- Zero account
- Micro trading account
- Standard trading account
- Managed forex accounts
- Islamic account
- XM global demo account
- XM global deposit and withdrawal methods
- XM global login
- Publishers
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- Disclaimer
- Review
- Introduction
- Trading conditions
- Products
- Regulation
- Platforms
- Mobile trading
- Pricing
- Deposits & withdrawals
- Customer support
- Research & education
- Noteworthy points
- Conclusion
- Comparison