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Broker's Overview

26 / 100

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$5
$30 + Deposit Bonus up to $5,000
MT4 for PC, MT4 WebTrader .iPhone, Android, iPad
888:1
FCA(UK), ASIC, CySEC

About the Company

 

 

XM.COM provide traders with a large range of cutting-edge trading platforms which ensures trading flexibility. From a single account clients can access up to 9 platforms and trade on leverage up to 888:1, with tight spreads from 1 pip. All orders are processed immediately without commission being charged. Furthermore,

 

XM.COM collaborates with a number of liquidity providers in order to offer the best spreads available.

 

There are a number of fast payment methods available which ensure fast transfers of funds and same day withdrawals. Like all the best platforms XM.COM is regulated and authorized by the major associations and commissions.  

 

 

Spreads and Leverage

 The 888:1 leverage offered by XM is unique in the industry. Over 60 currency pairs and over 100 financial instruments can be traded both online and by phone on 8 advanced trading platforms. Besides, there are no upper limits to deposits.

 

 

Platform

Both demo and real account XM clients can trade on as many as 8 trading platforms that support market, limit, stop and trailing orders, and directly accessible from 1 account.  This speeds up trading operations and gives traders great flexibility to trade from anywhere and at anytime with ease. At XM the multi-award winning platform Metatrader 4 works with an unlimited number of demo and real accounts, and Expert Advisors (EAs) are also supported.

The available trading software is as follows: MT4 Terminal; MT4 for Mac; Web Trader; iPhone Trader; iPad Trader; Droid Trader; Mobile Trader. Apart from this, the XM MAM Trader allows multi-account management to fund/asset managers and multiple account holders with an unlimited use of charts and EAs.

 

 

Deposits and Withdrawals

Negative balance protection, the no re-requotes and no hidden fees or commissions policy, together with the strict and real-time market execution policy rank XM among the most sought-after forex brokers.

 The safety of client funds is guaranteed by funds being kept in Tier1 segregated Barclays accounts. Account funding is 100% automatic and processed 24/7, while same day withdrawals are guaranteed. Clients can choose from various modern payment options, with a wide geographical coverage: credit cards (VISA, VISA Electron, MasterCard, Switch, Solo) bank wire, Neteller, Moneybookers Skrill, Western Union, MoneyGram, WebMoney, China UnionPay, SOFORT, iDEAL. The recently introduced local bank transfer option enables investors to fund their accounts through their own local banks (in 58 countries worldwide) and in their local currencies.  There are no hidden fees or commissions for funds transfers, and all transfer fees are covered by XM.

 

The staff at XM (TradingPoint) is committed to satisfying your every need with integrity, transparency, and the determination to serve you well.  The firm has quickly passed through its early development stage, as evidenced by the preponderance of favorable reviews, falling into the “7 out of 10” region of the scale, from satisfied customers on Internet review sites.  The benefits of choosing this broker are clearly stated on the Home page of their website:

•    Licensed in the EU
•    Tight Spreads from 1 Pip
•    Flexible Leverage up to 888:1
•    No Commissions
•    $30 + Deposit Bonus up to $5,000
•    24 Hour Support
•    No Re-quotes
•    Fast and Easy Withdrawals
•    Personal Account Managers
•    Automated Trading
•    Phone Trading

 

 

 

 

Latest Comment

PascalY87's comment

[ commented by PascalY87 | ]

Don't get fooled by XM promotions! These are all for advertisement purpose. I opened a live account for the first time, but didn't received the $30. They said you had an account before. Read their terms and conditions first! they say we will give you %50 on your deposit but if you withdraw any amount from your account all the bonuses even previous ones will nullify immediately. It means, you can deposit, you can earn profit but you cannot use your money, It’s ours!

Muhammad Imran's comment

[ commented by Muhammad Imran | ]

at first they will offer good things to make you interested to open an account with them and make a deposit, but after a few days of trading they will tell you that your account has not been verified even though you can see the status of your account in the control panel. They terminated my account after a week without any further notice. So please take note of this incident and be aware of this broker.

Sam's comment

[ commented by Sam | ]

Fairly good broker

It has been about 6-7 months since I opened an account with XM and I have found nothing wrong with them so far. They offered me a trading bonus of 50% when I joined them and still offer bonuses, sometimes 30%, sometimes even 100%. The spreads on the micro account were quite high but I switched to Standard straight away, as there is no restriction on the amount needed to open a Standard account. The spreads on the standard account are low, and trade execution is instant. Besides, XM offer trade calls twice a day on 10 instruments and have weekly webinars on technical analysis for free.

Yaneth's comment

[ commented by Yaneth | ]

I’ve been trading with this broker for a while now and although there were some minor lapses like requotes from time to time, and rarely delays, I recommend them and their excellent customer support.

nik333,'s comment

[ commented by nik333, | ]

Awesome broker, no pressure whatsoever, always there to assist me and help me with my queries. Really a great broker.

Tayyab Idrees's comment

[ commented by Tayyab Idrees | ]

Do you have a review for xm.com? I’ve been attracted by their bonuses and thinking of trading real money with them. Please help, are they regulated and a reputable company?

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