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.

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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

    🔎 Broker 🥇 XM
    📌 Year Founded 2009
    👤 Amount of Staff 450+ employees
    👥 Amount of Active Traders 5,000,000+traders worldwide
    📍 Publicly Traded None
    📈 Regulation Financial Services Commission (FSC)
    ⭐ Safety and Security High
    📉 Account Segregation ✅Yes
    📊 Negative Balance Protection ✅Yes
    💹 Investor Protection Schemes ✅Yes
    🅰️ Institutional Accounts None
    🅱️ Managed Accounts None
    💴 Minor Account Currencies USD,EUR,GBP,JPY,AUD
    💶 Minimum Deposit 5 USD
    ⏰ Average Deposit/Withdrawal Time 24 hours
    💵 Fund Withdrawal Fee None
    💱 Spreads From 0.6 pips on
    major pairs
    💷 Commissions Zero commissionson most account types
    🔟 Number of Base Currencies 11+
    💰 Swap Fees ✅Yes
    📊 Leverage Up to 1:888
    💹 Margin Requirements Variable
    ☪️ Islamic Account ✅Yes
    🆓 Demo Account ✅Yes
    📈 Order Execution Time 0.01 seconds
    🖥️ VPS Hosting Free VPS
    📍 CFDs Total 1,000+
    📑 CFD Stock Indices 14+
    🍎 CFD Commodities 8+
    📌 CFD Shares 1,200+
    🅰️ Deposit Options Bank Wire,Credit/Debit Card,eWallets,Local Payment Methods
    🅱️ Withdrawal Options Bank Wire,Credit/Debit Card,eWallets,Local Payment Methods
    ⭐ Trading Platforms MetaTrader 4, MetaTrader 5
    💻 OS Compatibility Windows,macOS,Android,iOS
    🖥️ Forex Trading Tools Technical analysis,trading signals,economic calendar,Autochartist
    🩷 Customer Support Multiple Channels
    🥰 Live Chat Availability 24/5
    💌 Customer Support Email [email protected]
    ☎️ Customer Support Contact Number +501 223-6696
    +501 227-9421
    💡 Social Media Platforms Facebook,Twitter,Instagram,LinkedIn,YouTube
    ✏️ Languages Supported 25+
    📔 Forex Course ✅Yes
    📚 Webinars ✅Yes
    📒 Educational Resources Video tutorials,trading guides,market analysis,blog
    🤝 Affiliate Program ✅Yes
    🗃️ Amount of Partners 100,000+
    🗄️ IB Program ✅Yes
    🏆 Sponsors events or teams ✅Yes
    🏷️ Rebate Program ✅Yes
    🔖 Cent or Micro Accounts ✅Yes
    🚀Open an Account 👉 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. XM’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 1.6 pips for EURUSD), and access to a wide range of markets, including Forex, stocks, and cryptocurrencies. It offers leverage of up to 1,000:1 and a 20% stop-out level, with swap-free 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, hedging options, and an Islamic account choice. A demo account 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 of 55 currency pairs, including major, minor, and exotic currencies. Furthermore:

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

    Educational Resources

    XM Group’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 “Forex Power Hour” and “US Market Open Hour,” 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 you’re new to trading or looking to refine your strategy, XM’s educational content is designed to support your growth.

    XM Details

    Established

    Up to : 
    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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