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XM (XM) Review

XM is a STP Model Broker offering a wide asset index, good customer service, and competitive trading terms.

Their platforms include the Sirix WebTrader, MirrorTrader, and MetaTrader4, plus mobile traders for iPhone and Android. Their spreads are relatively tight while their execution is considerably fast with minimal slippage. No commissions are charged by XM. One of the great advantages of XM is trader's funds' safety, as the broker is regulated by a great number of bodies while XM provides also segregated bank accounts. Automated trading and scalping are available while traders may find free trading signals. Education is offered by XM via frequent free webinars. The minimum amount to open an account is just $5 while a great number of fund methods are available. No deposit or withdrawal commissions are charged. The bonus policy of XM is standard 30% for new customers but from time to time you may find even better bonus deals. The broker offers also frequent trading contests (real and demo contests) plus the unique trading arena where you may trade Forex against other traders. There is also a $30 No-Deposit Bonus promotion.

» XM Website

 

 XM CORPORATE INFO & ACCOUNTS

XM Instruments & Execution Type
 

 STP Forex Trading

CFDs Trading (Commodities, Energy, Stocks, and Indices)

CFDs on Futures (Great for swing-trading as there are no overnight rates)

US Traders
□ XM forbids US Traders
XM Regulation & Foundation
 

XM is regulated by CySEC and controlled by MiFID (EU)

 Registered also with FCA UK, BBaFin etc.

XM Headquarters are based in Cyprus

XM was found in 2008

XM Minimum Account Size
□ Minimum account size at XM is $5
XM Fund Methods Available
□ Credit/Debit Cards
□ Bank Wire
□ MoneyBookers
□ CashU
□ UnionPay
□ Neteller
□ FasaPay

      

XM Account Currencies
□ United States Dollar (USD)
□ Euro (EUR)
□ British Sterling (GBP)
□ Japanese Yen (JPY)
XM Bonus Policy
XM offers 30-50% welcome bonus for all new traders (credit bonus)
 $30 No-Deposit Bonus

TRADING WITH XM

XM Leverage
XM offers leverage up to 888:1
XM Execution Type
□ XM is an STP Broker
XM Minimum Lot Size 0.01
XM Spread Type
XM offers Fixed and Variable Spread
XM EUR/USD Spread
□ 1.4 pips
XM GBPUSD Spread
□ 1.8 pips
XM USD/JPY Spread
□ 1.5 pips
Trading Commissions
XM does not charge Trading Commissions, just the spread
XM Number of Currency Pairs
XM offers 53 Forex pairs

 

 

 XM TRADING PLATFORMS

XM Desktop Platforms
 
XM MetaTrader 4
 XM MetaTrader 5
Sirix Web Trader
XM MirrorTrader (Automated Trading & Social Signals)
MT-4MT-5WebTrader and Sirix WebTrader
XM Mobile Platforms
XM iPhone Trader
XM Android Trader
XM iPad Trader
ANDROIDApple iPad
XM Automated Trading
□ XM provides automated trading via MT4 and MirroTrader
XM Hedging / Scalping □ XM allows Hedging/Scalping

 

 XM CUSTOMER SERVICE

XM Customer Support
□ Email
□ Phone
□ Live Chat
XM Customer Service
XM offers 24/5 Customers support
XM provides Individual Account Manager
XM Website Languages Supported (19 Languages)
□ English
□ Spanish
□ Chinese
□ Arabic
□ French
□ German
□ Italian
□ Greek
□ Japanese
□ Portuguese
□ Russian
   

 

» Start Trading with XM

 

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XM.com Review

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