With over 5,000,000 clients since it was founded in 2009, XM has grown to a large and well-established international investment firm and has become a true industry leader. XM is currently built of more than 600 professionals with long-year experience in the financial industry. About 1.5 Million Traders and investors at XM choose its wide range of XM trading products and the services broker provides along with advanced trading solutions, yet suitable for beginning traders as well. The reason for such fast growth and trust in the broker is that XM aims to provide one of the best user experiences in the industry to its clients.
XM License & Regulation
XM Global Limited, authorised and regulated by the Financial Services Commission (FSC) (license number 000261/158) and Trading Point of Financial Instruments Limited, authorised and regulated by Cyprus Securities and Exchange Commission (CySEC) (licence number 120/10), are members of Trading Point Group.
Why Choose XM?
XM fosters sustainable workforce development through a wide spectrum of cultures and approaches your needs with openness to cultural, national, ethnic, and religious diversity. XM advanced trading platforms and flexible trading conditions suit a diverse global clientele. XM expertise is derived from extensive experience and in-depth knowledge of the global financial markets. XM is dedicated to delivering superior services in currency trading, along with CFDs, equity indices, precious metals, and energies.
The operational philosophy we follow is simple: by ensuring client satisfaction, we earn their loyalty. XM reputation is linked to our credibility, both of which stem from our ability to service our clients in the way that they expect and deserve. By monitoring industry trends and keeping up to date with the latest technologies, XM remains ready to adapt to the needs of its clients as they become more sophisticated and more demanding. XM has never made any compromises in factors that can affect client performance, which is why they offer tight spreads and the best execution.
XM Trading Accounts
Overall, XM made it simple as you may choose preferred trading style through either account to trade smaller size through Micro Lots, or to trade regular size with Standard account based on spread only basis. Lastly, Zero Accounts will offer you another fee strategy where the spread is an interbank quote starting from 0 pips and the trading charge will be deducted through a commission per lot.
Micro Account
- Base Currency Options – USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
- Contract Size – 1 Lot = 1,000
- Leverage – 1:1 to 1:888 ($5 – $20,000), 1:1 to 1:200 ($20,001 – $100,000), 1:1 to 1:100 ($100,001 +)
- Negative balance protection
- Spread on all majors – As Low as 1 Pip
- Commission 0%
- Maximum open/pending orders per client – 300 Positions
- Minimum trade volume – 0.1 Lots (MT4), 0.1 Lots (MT5)
- Lot restriction per ticket – 100 Lots
Standard Account
- Base Currency Options – USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
- Contract Size – 1 Lot = 100,000
- Leverage – 1:1 to 1:888 ($5 – $20,000), 1:1 to 1:200 ($20,001 – $100,000), 1:1 to 1:100 ($100,001 +)
- Negative balance protection
- Spread on all majors – As Low as 1 Pip
- Commission 0%
- Maximum open/pending orders per client – 300 Positions
- Minimum trade volume – 0.01 Lots
XM Ultra Low Account
- Base Currency Options – EUR, USD, GBP, AUD, ZAR, SGD
- Contract Size – Standard Ultra: 1 Lot = 100,000, Micro Ultra: 1 Lot = 1,000
- Leverage – 1:1 to 1:888 ($5 – $20,000), 1:1 to 1:200 ($20,001 – $100,000), 1:1 to 1:100 ($100,001 +)
- Negative balance protection
- Spread on all majors – As Low as 0.6 Pips
- Commission 0
- Maximum open/pending orders per client – 300 Positions
Shares Account
- Base Currency Options – USD
- Contract Size – 1 share
- Leverage – No Leverage
- Negative balance protection
- Spread As per the underlying exchange
- Commission 0%
- Maximum open/pending orders per client 50 Positions
Islamic Account
The XM forex Islamic accounts differ greatly from those generally offered by other forex brokers. The difference lies in the fact that unlike most forex companies who substitute additional fees by widening the spread on Islamic accounts, XM imposes no additional charges.
- No interest/swap charges on overnight positions
- No spread widening
- Positions can be held with no time limit
- Leverage up to 888:1
- 100% real-time market execution
- Same trading conditions as for our trading account types
- Free and instant access to all trading platforms
- 24/5 dedicated support from your Client Account Manager
Trading Instruments
Besides to its good features, XM makes trading more pleasant by a huge variety of products so you will enjoy a great choice that meets expectations and preferences.
A range of trading markets is available from a single multi-asset account that offers 6 Asses Classes and includes about 55 currency pairs with a total of over 1000+ trading markets. And so you are able to trade Forex or CFDs on stock indices, commodities, stocks, metals, energies and Cryptocurrencies at XM all available from the same trading account.
Spreads
XM pricing and costs are based on a spread, in case you will open Micro or Standard account. Also, XM spread is a fractional pip price that gets the best prices from XM’s various liquidity providers. Meaning, instead of regular 4-digit quoting prices you can benefit from the smallest price movements by adding a 5th digit, known as a fraction.
Below you may see average spread reference calculated throughout the day on a Standard account presented for most popular products. Even though some spreads might be higher than its industry competitors, the overall fee structure is rather average for Forex products and low cost for CFDs.
Leverage
Depending on the account type you open at XM, you can choose the leverage on a scale from 1:1 to 888:1. Margin requirements do not change during the week, nor do they widen overnight or at weekends. Moreover, at XM you have the option to request either the increase or the decrease of your chosen leverage.
Deposits and Withdrawals
The funds transaction at XM are managed in a customer-oriented way too, traders having a choice of multiple payment methods supported in all countries. Various payment options including commonly used, also XM again took care of clients’ comfort and introduced a local bank transfer option, which enables to fund the account through local banks and currency with no conversion charges.
Deposit Options
- Credit cards
- Bank wire and Local Bank Transfer (available in some regions), Local Deposit
- E-wallets including Neteller, Moneybookers Skrill, Crypto along with TRC20, Perfect Money, AstroPay, Stickpay
XM minimum deposit
XM Minimum Deposit amount is 5$ only for Micro Account or a Standard Account, in case you wish to trade with Zero account minimum deposit is competitive also, demanding 100$ as a start. However, the amount varies according to the chosen payment method and trading account validation status. Yet, you can read and find all the necessary info in the Members Area.
Trading Platforms
In terms of the trading software, XM clients access to make transactions and trades throughout well-known and nearly perfectly-developed trading platforms MetaTrader4 and MetaTrader5.
Platform Ratings
XM chooses their technology on the most popular industry platform MT4 and MT5 not by case, but obviously for traders’ advantage, as the platforms are very known and allow you to get numerous extensions or access comprehensive education on how to use tools. So the platforms gain high ratings due to their international recognition and are always a plus towards brokers’ proposals.
Web Trading
Directly accessible just from one account and available in various versions all platforms are integrated with a full site of technical analysis, indicators and comprehensive tools, stop or trailing orders. SO you may access XM trading just by the use of the browser and login to Web Trading.
Contacts
Registered Address
Suite 404, The Matalon, Coney Drive, Belize City, Belize
Online Support
- Working hours:24/5 GMT
- Live Chat
- support@xm.com
Phone Support
Working hours:24/5 GMT
+501 223-6696
