XM.COM Review

XM provides a user-friendly trading environment for investors who want to trade forex and CFDs, including cryptocurrencies*, commodities, equity indices, precious metals, and energies, with tight spreads as low as 0.6 pips and flexible leverage up to 1000:1*.

The broker offers investment opportunities with flexible trading conditions that suit the needs of traders with diverse skills and experience. Beginner and seasoned traders receive the same high-quality services, along with a wide range of trading tools to help them reach their investment goals. Whether they want to test their trading knowledge on a free demo account or trade with a real account, XM offers a wide choice of base currencies, various contract sizes, and over 1,000 instruments with instant order execution.

The company complies with a strict regulatory framework and operates in accordance with clear-cut company guidelines. This guarantees corporate business transparency for all trading instruments offered, including collaboration with multiple liquidity providers to offer the best available spreads, liquidity, and risk management to protect client investments.

XM is dedicated to providing client fund security and safety supported by multiple licenses and registrations with regulators around the world. They are the brand name of Trading Point Holdings Ltd (the “Group”), which owns and operates Trading of Financial Instruments Pty Ltd, XM Global Limited, Trading Point MENA Limited, and Trading Point of Financial Instruments Ltd.

XM offers clients these essential benefits and services

• Client funds kept in segregated bank accounts
• Automatic and instant deposit processing
• Withdrawal processing with reliable payment methods
• Minimum deposit from as little as $5
• Flexible leverage up to 1000:1*
• Spreads as low as 0.6 pips
• Free trading signals, daily forex news, and technical analysis in multiple languages
• Over 10 MT4/MT5 based full-feature trading platforms
• 24/7 multilingual support in over 30 languages*

*Please note that the products, services and features advertised here vary between the XM entities. For further information, please visit the XM website

Services

XM clients have the option to invest in over 50 currency pairs, along with CFDs on the most traded cryptocurrencies*, equity indices, precious metals, energies, and shares with instant access to the global markets. Currently, over 10 different MT4/MT5 based trading platforms provide seamless trading for over 10 million clients in more than 190 countries.

Trading forex and CFDs (cryptocurrencies*, precious metals, energies, equity indices, shares) at XM is as convenient as it can be for any investor in the 21st century. You can start with a deposit as low as $5. A state-of-the-art environment offers seamless trading, where clients have the option to trade any instrument of their choice on any of the MT4/MT5-based platforms with ease, all from one trading account.

*Please note that the products, services and features advertised here vary between the XM entities. For further information, please visit the XM website.

Trading Account

No re-quotes, no order rejection, and real-time market execution give the company a definite competitive edge. Deposits and withdrawals are instant and automatic, and clients can use a wide range of payment methods with zero fees. Clients’ money is kept in segregated bank accounts to guarantee safety of funds at all times.

Micro and Standard account features

• Flexible leverage up to 1000:1*
• Spreads as low as 1 pip
• Trade with micro and standard lots
• Zero fees on deposits and withdrawals

XM Ultra Low* account features

• Flexible leverage up to 1000:1*
• Spreads as low as 0.6 pips
• Trade with micro and standard lots
• No swap fees

For more information, please visit XM's account types page.

*Please note that the products, services and features advertised here vary between the XM entities. For further information, please visit the XM website.

Deposits and Withdrawals

The broker provides multiple payment methods for deposits and withdrawals that fulfil all the major criteria of high-technology online banking: transfer security, speed, customer privacy, and convenience.

Deposits are automatically and instantly processed. XM has worked hard to reduce withdrawal time to the minimum so that clients receive their trading profits as fast as possible.

• Over 25 internationally acknowledged payment methods
• Clients can use credit cards, electronic payment, or wire transfer
• No fees or transaction charges*
• Over 10 transfer currencies

* Bank wire transactions below $200 are subject to fees.

Trading Platforms

Using MetaTrader4 and MetaTrader5 platforms for both Windows and Mac, clients can instantly gain access to real-time markets through the entire set of MT4/MT5-based platforms from one single account.

The broker also meets the needs of investors who prefer mobile trading on smartphones and tablets. The XM MT4/MT5 mobile apps for Apple and Android offer full trading account functionality and seamless trading from anywhere at any time.

For more information, please visit XM's trading platforms page.

Bonus Program*

The selection of the XM trading bonuses is offered to both new and existing clients to reach their investment goals with higher confidence and increased capital. The $30 No Deposit Bonus offers new clients the opportunity to start trading without making a deposit and gets the bonus amount to their newly opened XM real accounts.

The 50% Deposit Bonus up to $500 plus an extra 20% Deposit Bonus up to $4,500 is a two-tier bonus that gives existing clients a considerable advantage to trade with increased capital. The Deposit Bonuses are applied for deposits as little as $5 and are available for Micro and Standard accounts.

• Automatically credited to client trading accounts
• All profits earned can be instantly withdrawn

*Bonus availability depends on the group entity and/or the client's country of residence. Clients registered under the CY, AU and MENA regulated companies are not eligible to receive any bonuses.

For more information, please visit XM's promotions page.

Loyalty Program*

The foundation block of XM’s corporate reputation is built on customer loyalty, and that’s why XM rewards each client for the trust they place in the company by offering them the chance to earn infinite loyalty rewards and trade with enhanced capital for better results.

• 4 regularly upgraded loyalty statuses
• Credit bonuses
• Each loyalty status increases the amount of XM Points

*XM’s Loyalty Program availability depends on the group entity and/or the client's country of residence and/or the client’s categorisation.

Refer a Friend Program*

XM’s Refer a Friend Program is yet another reward for client loyalty and trust. Clients who introduce their friends to the business earn cash that they can withdraw or add to their trading capital. The more friends they refer, the bigger the cash reward making it a win-win situation for both the company and their clients.

• $25 for each friend if you refer 1-15 friends
• $30 for each friend if you refer 16-30 friends
• $35 for each friend if you refer 30+ friends

For more information, visit the Refer a Friend Program page.

*This program applies to specific entities in the XM Group.

Partner Program

Customer retention is one of XM’s biggest assets. Their Partner Program reflects that as it offers multiple partnership solutions with highly competitive commission rates for client referrals.

XM affiliates promote a universally fair and ethical trading environment for all their referred clients. A wide selection of client referral tools in over 20 languages and ultra-fast payment methods for commission transfers support the partnerships at all times.

Partner Rewards Program*

As a thank you for all the hard work of promoting the business, XM gives out points to their partners for their client trading activity. These points then can be redeemed in XM’s parallel partner program for cash or other exciting rewards. To encourage affiliate activity, the points value increases as more points are earned, so there’s always an incentive for introducing more people to the business.

• Earn more for referrals and client trading activity
• Claim unlimited cash rewards as you want
• Regular promotions that multiply points generated
• Higher commission on selected instruments

*This program applies to specific entities in the XM Group.

Education

The daily market analysis and forex news streaming at the XM Research and Education Center help clients keep track of the latest market changes, along with a multilingual economic calendar to follow daily market moves. Professional multilingual MT4 training video tutorials, live webinars, and on-site seminars held around the world help traders stay informed about the global markets and enhance their trading skills with expert guidance.

Market Analysis

• Daily coverage of the European and Asian markets
• Real-time analysis of the major financial markets

Forex News

• News on the latest market developments
• Real-time news streaming
• Regular updates on all major currency pairs

Economic Calendar

• Updates on the latest economic releases
• Real-time forecasts, historic graphs, and event descriptions
• Access to over 100 economic indicators from the world’s economies

For more information, please visit XM's Research page.

Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.37% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.