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XM

XM

10M+

Users

600+

Instruments

4.0

Ratings

About XM

XM is a global online brokerage firm founded in 2009, offering a wide range of trading services in forex, commodities, indexes, stocks, and cryptocurrencies. Known for its competitive trading conditions, XM provides tight spreads, high leverage, and a variety of account types to suit different trading needs. The broker supports popular platforms like MetaTrader 4 and MetaTrader 5.

XM is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission (FSC) of Belize. The company offers educational resources, including webinars and market analysis, to help traders enhance their skills. XM also provides customer support in multiple languages and offers various promotions and bonuses.

Fees

a. Withdrawal fee: No commission is charged for withdrawals.

b. Inactivity fee: A 5-euro fee is applied for inactivity if the client does not make any trades for 3 months.

c. Swap (overnight rate): Yes

d. Other fees: N/A

Regulation

FCA (UK),

Cysec (Chipre),

ASIC (Australia)

Tradable assets

Forex,

Commodities,

Index,

Stocks (CFD)

Spread

General: Medium – variable, starting from 0.2 pips depending on the instrument. a. Stocks: From 0.2 pips b. Currencies (Forex): From 1 pip c. Commodities: From 0.00010 d. Indexes: From 0.6 pips

Global Market Access

More than 600 tradable instruments

Accessibility for All

Minimum deposit $5

Minimum Deposit

Minimum deposit $5

Broker Type

Forex broker,

Derivatives Broker

Platforms

MT4,

MT5,

Webtrader

Speciality

Multiple trading platforms,

Easy to use,

Good educational content

XM review

a. It is one of the brokers that offers the most educational resources. XM provides basic and advanced courses on various topics. Similarly, XM offers webinars on a regular basis.

b. XM offers multiple trading platforms

c. The platform is easy to use.

d. It offers trading bonuses depending on the jurisdiction. * Terms and conditions apply.