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Broker XM.com
Website URL https://www.xm.com
Founded 2009
Headquarters 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus
Support Number ‎+357 25029933
Support Types live chat , email , fax , telephone
Languages 23 languages supported
Trading Platform MT4 | MT5 | Web platforms | Mobile platforms
Minimum 1st Deposit $5
Minimum Account Size 5$
Minimum Trade Amount 0.01
Maximum Trade Amount No limit
Bonus No deposit bonus
Leverage 1:888
Spread fixed and variable
Free Demo Account Open Demo
Regulated Yes
Regulation Regulated by CySEC and authorized by FCA
Fees Yes
Account Types micro , standard, ultra low , shares
Deposit Methods credit cards , bank wire , electronic payment methods
Withdrawal Methods credit cards , bank wire , electronic payment methods
Number of Assets 1000+
Types of Assets Currencies , Stocks , Commodities , indices ,
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 85

A trading name of Trading Point Holdings Ltd. regulated by the Cyprus Securities and Exchange Commission and registered with the Financial Conduct Authority. XM is an online brokerage company which is also operating in accordance with the MiFID of the European Union. As the company itself claims, it has over 2.5 million clients from 196 clients, over 1.4 billion trades executed with zero requotes or rejections, and over 120 cities visited by the Management to meet with clients and partners.

Founded back in 2009, XM had grown into a large and well-established international investment firm, with very competitive trading services, a fact proven by more than 20 industry awards. XM claims to offer one of the most secure nets for clients’ funds, after partnering with investment-grade banks and using segregated accounts to ensure security, insuring up to $20,000 for any retail client.

Trading Platforms

The XM offer starts with 15 trading platforms which offer access to 1000+ trading instruments, ranging from Forex, Stocks, Commodities, Equity Indices, Precious Metals, Energies, and Shares.

Four different versions of MT4 are available with XM, as the platform could be used for PC, Mac, Multiterminal, and through a web browser. All versions offer full EA functionality, technical analysis tools, hedging allowed, and VPS functionality.

Three different versions of MT5 are also part of the offer, compatible with PC, Mac, and web browsers. In addition to the MT4 features, clients will be able to get access to the market depth of the latest price quotes, as well as the ability to display 100 charts simultaneously.

With mobile trading on the rise, XM also has both MT4 and MT5 versions compatible with Android and iPhone. Tablet trading does not miss from the offer, with a lot of interesting features available there as well.

Account Types

In terms of account types, the offer is very diverse and targeted at different audiences. By checking the website, you’ll find personalized offers for XM AU and XM CY group companies. Since our audience is diverse as well, we will focus on the accounts available for global clients.

Micro, standard, XM ultra low, and Shares accounts are available, each with a personalized set of features. For as little as $5, any person can open a micro or standard account in order to benefit from leverage up to 1:888, no commissions, trading bonuses, and others. There’s no question why the company has so many clients, given the competitive features it offers.

Research & Education

XM is very focused on educating trading, with its educational resources aimed at both beginners and advanced traders. The research section includes analysis videos, special reports, technical analysis, forex previews, stock market news, and market comments.

The learning center, on the other hand, offers forex seminars, platform tutorials, forex webinars, educational videos, and live education. Several trading tools, forex signals, MQL5, economic calendar, and a forex calendar complete an offer that from our side looks very impressive.

Customer support is well organized, while XM stands out with high-quality partnerships, including a recent sponsorship agreement with the multiple Olympic and World Champion Usain Bolt.

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