XM
4.8/5

XM

The Most Awarded Broker for a Reason

Every client, regardless of account size, gets access to the same excellent trading conditions. Everyone who chooses XM has the same opportunity to pursue their investment goals.

Home ยป XM

We pioneered the strict no requotes, no rejections policy that established our reputation. To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second.

 

Pros
  • XM has an extremely low 5 USD minimum deposit
  • There are several bonuses offered
  • Traders can access fee-free deposit methods
Cons
  • XM charges currency conversion fees
  • There are strict bonus terms and conditions
  • There are limited payment methods for deposits

    XM Group is a globally recognized leader in the trading industry, providing exceptional trading conditions to millions of clients worldwide. With over 15 million clients across more than 190 countries, XM has established itself as a reliable platform committed to delivering fair, fast, and customer-focused services. The company has executed over 8.5 billion trades, all with zero requotes or rejections.

    Known for its award-winning customer service, XM ensures all clients, regardless of account size, enjoy a premium trading experience. The platform upholds a strict no requotes, no rejections policy, and guarantees that 99% of trades are executed in under a second, making it a top choice for traders seeking efficiency and reliability.

    XM Summary

    ๐Ÿ”Ž Broker ๐Ÿฅ‡ XM
    ๐Ÿ“Œ Year Founded 2009
    ๐Ÿ‘ค Amount of Staff 450+ employees
    ๐Ÿ‘ฅ Amount of Active Traders 5,000,000+traders worldwide
    ๐Ÿ“ Publicly Traded None
    ๐Ÿ“ˆ Regulation Financial Services Commission (FSC)
    โญย Safety and Security High
    ๐Ÿ“‰ Account Segregation โœ…Yes
    ๐Ÿ“Š Negative Balance Protection โœ…Yes
    ๐Ÿ’น Investor Protection Schemes โœ…Yes
    ๐Ÿ…ฐ๏ธ Institutional Accounts None
    ๐Ÿ…ฑ๏ธ Managed Accounts None
    ๐Ÿ’ด Minor Account Currencies USD,EUR,GBP,JPY,AUD
    ๐Ÿ’ถ Minimum Deposit 5 USD
    โฐ Average Deposit/Withdrawal Time 24 hours
    ๐Ÿ’ต Fund Withdrawal Fee None
    ๐Ÿ’ฑ Spreads From 0.6 pips on
    major pairs
    ๐Ÿ’ท Commissions Zero commissionson most account types
    ๐Ÿ”Ÿ Number of Base Currencies 11+
    ๐Ÿ’ฐ Swap Fees โœ…Yes
    ๐Ÿ“Š Leverage Up to 1:888
    ๐Ÿ’น Margin Requirements Variable
    โ˜ช๏ธ Islamic Account โœ…Yes
    ๐Ÿ†“ Demo Account โœ…Yes
    ๐Ÿ“ˆ Order Execution Time 0.01 seconds
    ๐Ÿ–ฅ๏ธ VPS Hosting Free VPS
    ๐Ÿ“ย CFDs Total 1,000+
    ๐Ÿ“‘ CFD Stock Indices 14+
    ๐ŸŽ CFD Commodities 8+
    ๐Ÿ“Œ CFD Shares 1,200+
    ๐Ÿ…ฐ๏ธย Deposit Options Bank Wire,Credit/Debit Card,eWallets,Local Payment Methods
    ๐Ÿ…ฑ๏ธย Withdrawal Options Bank Wire,Credit/Debit Card,eWallets,Local Payment Methods
    โญย Trading Platforms MetaTrader 4, MetaTrader 5
    ๐Ÿ’ป OS Compatibility Windows,macOS,Android,iOS
    ๐Ÿ–ฅ๏ธ Forex Trading Tools Technical analysis,trading signals,economic calendar,Autochartist
    ๐Ÿฉทย Customer Support Multiple Channels
    ๐Ÿฅฐ Live Chat Availability 24/5
    ๐Ÿ’Œ Customer Support Email [email protected]
    โ˜Ž๏ธ Customer Support Contact Number +501 223-6696
    +501 227-9421
    ๐Ÿ’ก Social Media Platforms Facebook,Twitter,Instagram,LinkedIn,YouTube
    โœ๏ธ Languages Supported 25+
    ๐Ÿ“” Forex Course โœ…Yes
    ๐Ÿ“š Webinars โœ…Yes
    ๐Ÿ“’ Educational Resources Video tutorials,trading guides,market analysis,blog
    ๐Ÿคย Affiliate Program โœ…Yes
    ๐Ÿ—ƒ๏ธ Amount of Partners 100,000+
    ๐Ÿ—„๏ธ IB Program โœ…Yes
    ๐Ÿ† Sponsors events or teams โœ…Yes
    ๐Ÿท๏ธ Rebate Program โœ…Yes
    ๐Ÿ”– Cent or Micro Accounts โœ…Yes
    ๐Ÿš€Open an Account ๐Ÿ‘‰ย Click Here

    Safety and Security

    At XM Group, your safety and security are our top priority. XM is fully authorized and regulated by reputable authorities, ensuring that clients can trade with confidence. XM Global Limited is registered with the Financial Services Commission (FSC) under the Securities Industry Act 2021, holding license number 000261/4.

    This regulatory oversight guarantees strict adherence to industry standards, protecting your funds and personal data. XMโ€™s commitment to security offers clients peace of mind, knowing that their trading experience is safeguarded by both global financial regulations and advanced security measures.

    Minimum Deposit and Account Types

    XM Group offers a variety of account types to cater to different trading preferences. The Standard Account, with a minimum deposit of just $5, is popular for its bonuses, low spreads (starting at 1.6ย pipsย for EURUSD), and access to a wide range of markets, including Forex, stocks, and cryptocurrencies. It offersย leverageย of up to 1,000:1 and a 20% stop-out level, withย swap-freeย and commission-free trading.

    The Ultra Low Account, also with a $5 minimum deposit, offers tighter spreads (as low as 0.8 pips for EURUSD) and is designed for high-volume traders. The Shares Account, requiring a $10,000 deposit, is perfect for those looking to trade individual stocks, offering a 1:1 leverage ratio and swap-free, commission-free trading.

    All accounts come with negative balance protection,ย hedgingย options, and an Islamic account choice. Aย demo accountย is also available for risk-free practice.

    Trading Platforms and Software

    XM offers two robust trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with a mobile app for trading on the go.

    MetaTrader 4 (MT4)

    MT4 is a popular, user-friendly platform known for its customization options and advanced technical analysis tools. Supporting multiple languages, it provides a variety of indicators and drawing tools, making it suitable for traders of all experience levels.

    MetaTrader 5 (MT5)

    MT5 is an upgraded version of MT4, featuring additional capabilities like support for both hedging and netting. It also includes an economic calendar, which keeps traders informed of market events to help them make more informed trading decisions.

    Mobile App

    The XM mobile app is available for both Android and iOS, offering secure login options such as fingerprint and face recognition. It provides real-time alerts, charting tools, and full trading functionality, allowing users to trade and monitor markets from anywhere.

    Fees, Spreads, and Commissions

    XM offers competitive fees, spreads, and commission structures across its account types, providing flexible trading conditions for all traders. The Standard Account, with a minimum deposit of $5, features spreads starting at 1.6 pips for EURUSD, while the Ultra Low Account offers even tighter spreads, beginning at 0.8 pips for EURUSD, making it ideal for high-volume traders seeking to minimize costs.

    Both accounts are commission-free and offer swap-free options. The Shares Account, requiring a $10,000 deposit, focuses on stock trading and also provides commission-free and swap-free conditions.

    All accounts include benefits such as negative balance protection, hedging options, and an Islamic account choice.

    Markets Available for Trade

    They provide a choice ofย 55 currency pairs, includingย major, minor,ย andย exotic currencies. Furthermore:

    • 31 cryptocurrencies
    • 1,337 stock CFDs
    • 8 commodities
    • 20 equity indices
    • 5 precious metals
    • 8 distinct energy commodities

    Educational Resources

    XM Groupโ€™s Learning Centre offers a wide range of resources for traders at all levels. With free webinars, daily market analysis, and live sessions such as โ€œForex Power Hourโ€ and โ€œUS Market Open Hour,โ€ traders can learn at their own pace. Expert instructors provide valuable insights into strategies, technical indicators, and macroeconomic events, helping traders make informed decisions and enhance their skills.

    Whether youโ€™re new to trading or looking to refine your strategy, XMโ€™s educational content is designed to support your growth.

    XM Details

    Established

    Up to :ย 
    1:1000 leverage
    Min Deposit : $5
    Zero rejections or requotes on trades : 92.9% of our withdrawals are automatically approved

    5.0
    Trust & Safety
    4.0
    Platform & App
    5.0
    Non-trading Fees
    5.0
    Customer Service
    4.8 Overall Rating

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