Regulated By: CySEC, FCA, ASIC

Headquarters: UK

Ranking: 1

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.

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

https://www.xm.com

E-Mail: support@xm.com
Regulator: CySEC (license number 120/10), ASiC (number 443670) and FCA (reference number 705428)
2009
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
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
Trading
Leverage: 888:1
Spreads: As low as 0.0 for EURUSD at Zero account
Minimum Deposit: $5
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Bonus

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money into your account in order to be able to become eligble for this bonus and All profits that you earned can be withdrawn.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.

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

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9 Comments
  1. Eli Daudoglou Says

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

  2. Sijjad Hussain Says

    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

  3. Mohammed Says

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

    • CH WAQAS Says

      Hi Mohammed how are you?hope fine.can u give me yours personal contact.i wants to discuss with u about xm.ch waqas

  4. pat Says

    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

  5. Sadri Says

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

  6. moracco brokers Says

    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

  7. Nigeria Sunny Says

    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 zero account with xm . My overall journey with xm has been a beautiful one.

  8. Vince Danderro Says

    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

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