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XM overview

Our opinion Recommended
License FSA, MiFID, CySEC, AFM, FIN, BaFin
Trading software MetaTrader 4, MetaTrader 5
Trading conditions
Minimum deposit – 5$
Leverage: 1:1 - 1:888
Demo: Yes
Spread: from 1 pips
Commissions: 0
Address
12 Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus, Tel: +357 25029933
Official website

www.xm.com

Table Of Contents

  1. What is XM.COM Forex Broker
  2. What is XM.COM Forex Trading Platform distinguished by
  3. XM.COM Forex Broker Rating

The given XM.COM Forex Broker Review provides information about one of the well-known brokers on the Forex market, its technical features and working trading platforms, advantages and special offers to its customers.

What is XM.COM Forex Broker

XM.COM is a forex broker registered in Limassol, Cyprus and founded in 2009. It is a member of Trading Point Holdings Ltd. XM.COM is a provider of full package of trading services at the financial markets. XM.COM Broker is well-known for its flexible trading conditions and up-to-date trading platforms. XM.COM offers its clients all over the world more than a hundred financial tools among which are forex, equity indices, precious metals, and energies.

XM.COM appreciates cooperation with every client so it offers tailor made solutions in order to better meet its client’s requirements.

XM.COM operates in many languages like Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Turkish, Hungarian, Polish, Swedish, Malay, Thai, and Vietnamese.

Available account currencies are USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR. Operated currency pairs are more than 40.

XM.COM provides wide variety of payment methods. Among them are Credit Cards, Neteller, MoneyBookers, Wire Transfer, WebMoney, WesternUnion, QIWI, Skrill, MoneyGram, China UnionPay, Local Bank Transfer, SOFORT, iDEAL, Visa, Visa Electron, MasterCard, Switch, Solo, CASHU, giro pay, Astro Pay card, Paysafe card.

What is XM.COM Forex Trading Platform distinguished by

XM.COM Forex Trading Platform uses MetaTrader4, XM Webtrader platforms. It also provides the possibility to access eight trading platforms from one account

XM.COM Forex practices fractional pip pricing that is it adds fifth digit while quoting the price. Thus customers can do profits from the smallest price changes.

XM.COM offers three account types: Micro, Standard and Executive. While opening Micro or Standard accounts clients can start with only 5 USD deposit; maximal initial deposit makes up 100 000 USD. Owners of Executive accounts start from 100 000 USD and benefit from unlimited deposits. And as it’s been already mentioned XM.COM Forex Broker provides account solutions suitable for each customer’s needs.

One should also mention demo accounts option provided by XM.COM Trading Platform. Demo accounts can be opened in case if clients want to learn how to earn on Forex market without losing their money.

Strong advantages of XM.COM lie in NO Requotes, No Rejection Policy together with tight spreads and the lowest possible deposit. Due to these advantages XM.COM is able to attract small and middle size traders searching for a Forex broker who can offer understandable trading conditions and small starting deposits.

XM.COM Forex Broker Rating

XM.COM’s rating has been steadily growing for the latest four months. Among XM.COM advantages its clients underline big leverage up to 888:1, access to 8 trading platforms, deposit bonus up to 5000 USD, webinars and teaching courses available for clients, different account types including demo accounts, advantageous conditions for small and middle size traders as well as tailor made solutions for every partner.

Additional info

XM
In the FOREX market since 2009
Company Trading Point of Financial Instruments registered with the financial supervisory authorities FCA (FSA, UK ), BaFin, AFM, CNMV, FI, FIN, PSZÁF, CONSOB, ACP and KNF
Registered in the register of financial service providers
High standards of regulatory transparency and ensure the safety of customer funds
Personal account manager for all customers
Services XM
Metatrader 4 , web trader on all mobile platforms
Mobile trading
Three types of accounts: MICRO, STANDARD и EXECUTIVE
24 hour support
Various bonuses and promotions
Regular market reviews and technical analysis
Official site
Advantages XM
Minimum deposit – 5$
Same spreads and quality of the transactions for the accounts of all categories
Leverage - from 1:1 up to 1:888
Currency trading with more than 50 currency pairs trade oil, gold and stock indices
The absence of limiting the maximum amount of the deposit
100 percent execution of orders , of which 99.35 % - less than 1 second
No requotes and reject orders
Create an account in XM

Reviews of XM

nolan berge
Review for a Broker:

XM

# Reply
This is a usual dishonest broker represented by some guys and their irreplaceable chief. Try to keep away from this broker. I was trading for 4 days with the Advisor. But they stopped my trading. I got more than 50% profit. My account was closed, though. They told me something about the server reload. I cannot recommend this broker.
Angela
Review for a Broker:

XM

# Reply
XM is not a Forex broker, but a broker-casino! Operation methods are the same, now I know it. I do not advise anyone to work with them. You will lose your money, and they will use it for advertisement.
New Adam
Review for a Broker:

XM

# Reply
I have recently had big problems with xm. And, actually, I still experience these problems, because I haven’t received my money. Once I wanted to withdraw my funds from my account. I was waiting for a very long time; it took several days to wait. When I sent a request to this broker, they said that they had already sent my money. The thing was that they sent the money to my former bank account. That account had been closed by the time of withdrawal. So I was waiting and finally decided to visit my bank manager. It turned out that money CANNOT be sent to a closed account. It is just impossible technically. So, I can make a conclusion that this is not a broker, but ordinary scams. I do not recommend working with them under any circumstances.
james
Review for a Broker:

XM

# Reply
I had problems with withdrawal through Webmoney system. The sum was not big, I just wanted to try how it works.

The thing is that I had successfully funded my account via Webmoney before. Then they wrote me that I used Webmoney belonging to some other person, which was actually true, though I did the same while funding.

Now I don’t know where the mistake was.
tom20
Review for a Broker:

XM

# Reply
I don’t understand why many people write that it is a bad broker. I have been working with XM for three years and have no complaints. I just advise to those people to read the agreement thoroughly. May be you were wrong or didn’t understand something and now you are writing this nonsense here. I can name a lot of advantages of this broker. First of all, withdrawal happens really fast. Second, I always have connection with my account manager. By the way, I’ve got two accounts here. Finally, the loyalty program is available for traders. The more you trade, the more bonuses you get. Those bonuses can be turned into either cash or credit points. So, I really recommend becoming a client of XM.
Christopher
Review for a Broker:

XM

# Reply
I am pretty new to XM (90 days with them). And for now I don’t see any shortcomings at all. But I heard that some traders have problems with money transfer, which I have not done yet. When I was choosing the platform, there were lots of posts that say: brokers with high bonuses are scammers. Still I picked XM for their platform. I like MT4. They gave me a bonus and deposited it to my account. It’s not withdrawable, though. They let you lose it in your trading activities, which is not bad at all. I have been trading for over 4 years and tried two other brokers. One of my major concerns was the Cyprus origin of this company. For now they suit me well.
Using MT4 I have done over a hundred of deals with no errors or requotes. I really enjoy the fact that you can get in touch with your manager via phone. You do not get such a luxury in other places. Of course, I had just 3 months experience with the company, but I like it this far. I’ll change my post if something goes wrong.
Benefits: bonuses, accessible manager of the account and absence of requotes.
Minuses: it is located in Cyprus.
den
Review for a Broker:

XM

# Reply
Since I had to find a different broker after trading on Etoro, I decided to give XM Markets a try. And, I have to say, I am pretty happy with it. I like XM a lot. Withdrawals are always quick (less than a day), and I am also thankful for their client service team. They do awesome webinars and provide amazing bonuses. So guys, I really recommend them to you. Benefits: quick withdrawal, bonuses, client service and online trainings.
Jerry
Review for a Broker:

XM

# Reply
I got a bonus and successfully deposited some real money after that. The very first day they have lost my deposit.
Daniel
Review for a Broker:

XM

# Reply
It’s a nice broker… I got a non-deposit account… They have a great support service… Just in 3-4 days I earned $78 and withdrew the money during the 30 hours to Neteller… I had to go through a verification process, though.
Sofi
Review for a Broker:

XM

# Reply
I have been trading with them for over 2 years… I am happy with this service… but it is almost impossible to trade with rubles’ jumps, but there are no other problems…

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