Introdction & Regulation
Founded in 2009, XM has emerged as a formidable international investment firm, boasting a client base exceeding 10,000,000 traders hailing from over 190 countries. With a team of over 900 seasoned professionals, the company stands as an industry leader committed to fairness and transparency. Offering support for more than 30 languages, XM is the broker of choice for traders of all levels globally. The platform provides access to over 25 secure payment methods and features 10+ full-featured trading platforms, ensuring a comprehensive trading experience. The commitment to a fair and trustworthy trading environment is evident through a strict no re-quotes and no rejections policy, with 99.35% of trading orders executed in less than one second. Prioritizing client funds, XM incorporates Negative Balance Protection, safeguarding traders from losing more than their account balance.
Headquartered in Limassol, Cyprus, and regulated by CySEC, ASIC, and IFSC, XM has received numerous industry awards, underscoring its excellence in providing transparent and client-centric trading services. With a robust global presence and an extensive network of offices, XM facilitates accessibility for traders across diverse regions, solidifying its position as a trusted and reputable broker in the international financial services landscape.
Trading Instruments
One of XM's strengths lies in its diverse range of trading instruments. Traders have access to a wide array of assets, including forex pairs, commodities, indices, stocks, and cryptocurrencies. This extensive selection allows for diversified portfolios and accommodates traders with varying preferences and risk appetites.
Account Types
XM caters to traders of all levels by offering multiple account types. From the Micro account for beginners to the XM Ultra Low account for advanced traders, the broker ensures that clients can choose an account that aligns with their trading style and experience level. This flexibility is a commendable feature for accommodating a diverse user base.
Once again, XM website displays only the minimum spread. These are subject to change depending on the market, and there is no difference is spread based on your account or regulation type.
The Standard Account is ideal for novice traders, providing a straightforward and accessible platform to start their trading journey.
The spread for both accounts is the same; the main difference lies in the contract size. For the Standard Account, the contract size is 100,000, whereas for the Micro Account, it is 1,000 for forex
This gives investors the possibility to use all trading platforms and functions with the minimum amount of deposit and pretty tight spread ranges
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Standard & Micro
Ultra Low & Micro
Pros & Cons
*Please note that this information may be subject to updates. For the latest details, check the XM website.
Trading Platforms
Meta Trader 4
Meta Trader 5
Deposits and Withdrawals
XM excels in providing a smooth and efficient process for deposits and withdrawals. The broker supports a variety of payment methods, including credit/debit cards, bank transfers, and e-wallets. Fast withdrawal processing adds to the convenience for traders looking to manage their funds seamlessly.
Deposit Method including:
Visa/Master
E-wallet (Neteller, Skrill)
Online Banking (Fasapay, Duitnow)
Online Bank Transfer
Google Pay
Registration & Verification