XM is a regulated broker, CySEC-regulated, FCA (UK)-registered, international forex broker with its main offices in Limassol, Cyprus. XM started in 2009, the company has gained corporate reputation by virtue of their core values such as business transparency, great trading conditions, and professional brokers and financial advisers.
XM operates its financial services with full European Union authorization (including BaFin, AFM, FI, FIN, and CNMV) and by following the best execution policy for executing trading orders in real time!
XM Trading Features
XM is the next-generation broker for online forex and commodity trading.
They are offering a wide array of progressive features for trading forex, precious metals, stock indices, and energies. What makes XM outstanding is that there are no re-quotes or rejections of trading orders, no hidden fees or commissions, and 99.36% of orders get executed in less than 1 second!
The 888:1 leverage offered by XM is unique in the industry and the highest on our website.
Over 60 currency pairs.
Over 100 financial instruments can be traded both online & by phone on 7 advanced trading platforms and there are no upper limits to deposits.
Beginner and seasoned traders can equally benefit from superior services and from exactly the same trading conditions, whether they open a real or a demo account. Registration is currently available in 17 languages, and trading can be started with a min. deposit of USD5 on multiple forex accounts, or on non-expiring demo accounts funded with USD100,000 virtual currency. Clients can benefit from tight spreads as low as 1 pip on the major currency pairs.
Clients can choose from three forex account types with custom-tailored conditions and base currency options for USD, EUR, GBP, JPY, CHF, AUD: MICRO account (1 micro lot = 1,000 units of the base currency), STANDARD account (1 standard lot is 100,000 units of the base currency), and EXECUTIVE account (1 standard lot is 100,000 unites of the base currency).
With generally tight spreads on over 60 currency pairs and the same spreads offered for all trading account types, XM also provides fractional pip pricing so that clients can trade with tighter spreads and benefit from the most accurate quoting possible.
XM Trading Platform
Both demo and real account XM clients can trade on as many as 7 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 MT4 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.
XM Account funding 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.
XM Beginners' and Customer Support
Multilingual Personal Account Managers are at both demo and real account clients’ disposal via live chat, by telephone or email in over 14 languages, assisting them with professional support 24 hours on 5 business days.
Rich forex educational material is at clients’ disposal, with free weekly interactive webinars, as well as with free, uniquely developed MT 4 video tutorials. The multilingual economic calendar, along with forex news and market analysis provided by XM financial experts help clients follow market changes and adapt their trading decisions accordingly
XM Trader Conclusion
The staff at XM (TradingPoint) is committed to satisfying your every need with integrity, transparency, and the determination to serve you well.
• Licensed in the EU
• Tight Spreads from 1 Pip
• Flexible Leverage up to 1:800
• No Commissions
• $30 + Deposit Bonus up to $5,000
• 24 Hour Support
• No Re-quotes
• Fast and Easy Withdrawals
• Personal Account Managers
• Automated Trading
• Mobile Trading