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

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.

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Latest feedback

TpulseSA, 01 11 2018

Отзыв оставлен для брокера:
InstaForex

I have been registred a InstaForex's rebates program in an InstaEurica account with deposit $10 only, here I get 1.5 pips rebate on per trades. While I am a day trader and using an EA on MT4 platform. Really the platform is so reliable to me for fast execution and buildup trading tools, As likes autochartist, one-click trading tools. Besides I'm very impressed with their stable payment system via Skrill. So my trading environment is cool and profitable with InstaForex.

Radana, 26 10 2018

Отзыв оставлен для брокера:
FreshForex

Why FreshForex? My only reason is: They are really helpful!
Doubt with your own analysis? Check their market reviews, you can find both technical and fundamental analysis there. Any problem with your account transaction? Ask the support team, they will always there to help you.

Prakash, 26 09 2018

Отзыв оставлен для брокера:
FreshForex

Well, I can say their educational sections were quite helpful to give me more insights about the currency market, a better understanding about several levels including support and resistance that is good to read the direction of the price. you will rarely find this in another company...

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

Do you want trade like a PRO?! FX Pro, domiciled in Cyprus, is a Forex broker that caters to both experienced and beginner traders. Founded in 2007, FXPro has established itself as one of the leading Forex brokers in the industry. It offers a wide range of options and features and their landing page is chock full of useful information. Navigation throughout the site moves along at a rapid clip and opening either a real or demo account is quick and easy.

Try new Forex standards with AMarkets AMarkets provides high level broker services leaving out slippages and requotes. New clients can start right from the income level, as AForex gives everyone a 15% bonus. The money are added for deposits starting from USD200 when coming from another broker. Hurry up to estimate trading with a reliable partner and a welcome bonus!

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

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nolan berge 14 06 2016 # 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 08 02 2016 # 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 31 12 2015 # 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 06 12 2015 # 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 01 12 2015 # 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 19 08 2015 # 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 10 08 2015 # 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 30 05 2015 # Reply

I got a bonus and successfully deposited some real money after that. The very first day they have lost my deposit.

Daniel 07 05 2015 # 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 03 04 2015 # 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…