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Regulated By: CySEC, FCA, ASIC

Headquarters: UK

Ranking: 2

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XM Review & Author's Comment

You have probably seen ads of XM all over the internet. It doesn’t matter whether it is a finance site or cooking recipes site, XM’s ad is going to be bothering you. So the company is a big one and apparently has lots of money. They are very proud of being Usain Bolt’s official sponsor.

I believe that XM is among the most professional and respected brokers in the industry. Fast execution, generous bonuses, regulated by very respected watchdogs, transparent, reliable, great daily analysis material, extensive educational content, nano account option and customer support in more than twenty languages.

Add around ten years of investment services experience to those features and XM becomes a real gem in an industry where a new scam company appears every day. Therefore XM is one of my favorite forex brokers and where I do majority of my trades.

XM Review
  • 8.7/10
    Reliability - 8.7/10
  • 8.5/10
    Deposit & Withdrawal - 8.5/10
  • 10/10
    Bonus - 10.0/10
  • 10/10
    Customer Support - 10.0/10
  • 8.5/10
    Overall Trading Conditions - 8.5/10


Regulated by three reputable forex regulators. Pays withdrawal fee on its side. Generous bonus and promotions. Great customer support in many languages.

User Review
7.5/10 (2 votes)

Broker Detail
Adress: Citypoint Building 1 Ropemaker Street EC2Y 9HT London, UK
Phone: +44 2031501500

Regulator: CySEC (license number 120/10), ASiC (number 443670) and FCA (reference number 705428)
Precious Metals:
Soft Commodities:
Cryptocurrencies: Bitcoin, Dash, Ripple, Litecoin, Ethereum
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Credit Card, Neteller, Skrill, UnionPay, Web Money, iDeal, Moneybookers, MoneyGram, Sofort, Western Union
Withdrawal Methods: Wire Transfer, Credit Card, Neteller, Skrill, UnionPay, Web Money, iDeal, Moneybookers, MoneyGram, Sofort, Western Union
Customer Services
Live Chat:
24 Hours Support:
Languages: Arabic, Bulgarian, Chinese, Czech, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Iranian, Japanese, Korean, Malaysian, Polish, Portuguese, Romanian, Russian, Spanish, Thai, Turkish, Urdu

Leverage: 888:1
Spreads: As low as 0.0 for EURUSD at Zero account
Minimum Deposit: $5
Fixed Spreads:
Automated Trading:
API Trading:
Negative Balance Protection:

1) $30 Trading Bonus. This is a non-withdrawable bonus only available to new clients. The best thing is that you dont have to deposit money into your account in order to be able to become eligble for this bonus and All profits that you earned can be withdrawn.

2) 55% Deposit Bonus - Your account is instantly credited 55% of the amount you deposited. This bonus works for the amounts up to $500 or equivalent.

3) 20% Deposit Bonus - Your account is instantly credited 20% of the amount you deposited. This bonus works for the amounts up to $4500 or equivalent.

4) Zero Fees on Deposits & Withdrawals - XM covers all the commission and fees for your deposits and withdrawals. All e-wallets - 100% covered; all major credit cards - 100% covered; wire transfers above 200 USD covered.

Supported Platforms: Metatrader 4, Metatrader 5
Mobile: IOS, Android

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mister buckhead
mister buckhead

I have a forex account with them for last 8 months. Their platform is very fast and execution time is good. They paid the wire transfer fee on their side and lots of withdrawal & deposit methods. 🙂


no lo recomiendo desde que cambiaron a xm global no son lo mismo


hy,just wanted to ask uhmm is it possible to change from micro account to standard?

Vince Danderro
Vince Danderro

my stance for xm is neutral/positive. they offer special promotions for traders and I like the variety of account types they offer. withdrawal and deposit is very fast. I just dont like they are being located in offshore Cyprus

Nigeria Sunny
Nigeria Sunny

As good as xm is, they still continue to improve everyday making forex a good business for retail traders etc Xm is from my transactions with them one of the best if not the best broker any retail or professional trader can trade with. One of their products that i can confidently recommend for both beginners and experienced traders is no other than the wonderful xm zero account . This product is as good as advertised with the lowest spread ever, instant execution, fast deposits/withdrawal,free signals and excellent customer service. I am writing this review because i maintain an xm… Read more »

moracco brokers
moracco brokers

XM is my best experience so far but unfortunetly no PAMM system. in my opinion this is a huge disadvantage. any succesful trader would like to manage his familly and friends’s accounts. please make a PAMM system as soon as possible


This broker is an awesome broker for anyone willing to trade forex


spread is just okay but money witdrawal is really fast. I made a withdrawal request yesterday and got money in my bank account in few hours. I recommend this firm as well. No serious problem for now


if you need trust, this is the firm. no money keeping, always give my money back 🙂

Sijjad Hussain
Sijjad Hussain

thank you for the withdrawal
I requested withdrawal on 7/10/17
& got payment on 27/10/17
and also I have to post review on FPA then got the withdrawal
very good service

Eli Daudoglou
Eli Daudoglou

they are very good ecn broker, I am happy, They are no calling you to send more money like some other brokers do.