XM
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XM
10M+
Users
600+
Instruments
4.0
Ratings
* Capital at risk
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.
Regulation
FCA (UK),
Cysec (Chipre),
ASIC (Australia)
Tradable assets
Forex,
Commodities,
Index,
Stocks (CFD)
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
Speciality
- Multiple trading platforms
- Easy to use
- Good educational content
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
Founded in
2009
Available Place
Worldwide with some exceptions
Payment Methods
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.
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