Worth to Know

    • US traders
    • PAMM accounts
    • Islamic accounts
    • Mini accounts
    • Segregated accounts
    • Vip accounts
    • Scalping
    • Hedging
    • Trailing stops
    • Commition
    • Bonuses
    • Mobile Trading
    • Web-based traiding
    • Expect Advisors
    • Metals
    • Oil
    • Gold
    • Stocks
    • Commodities
    • CFDs

General Information

    • Broker Name
    • XM
    • Founded
    • 2009
    • Headquaters
    • 2 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
    • Broker type
    • MM (Market Maker)
    • Regions
    • Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish
    • Payments Methods
    • Credit/debit cards, FasaPay, Neteller, QIWI, Skrill (Moneybookers), UnionPay, WebMoney, Wire transfer
    • Minimum Deposit
    • $5
    • Min lot size
    • 0.0001
    • Spread
    • 1 pip
    • Spread type
    • Variable
    • Max Leverage
    • 888:1
    • Platforms
    • MetaTrader 4

Read Review of XM Broker

General Information

XEMarkets (XM) brokerage firm was founded in 2009, it is subsidiary of “Trading Point of Financial Instruments Ltd” – powerful international financial corporation. It is registered in Limassol, Cyprus.

Company has official representation in majorfinancial centers throughout the planet. Customer base geography represents more than 50 countries.

Company’s clients can trade with more than 60 trading instruments:

  • Major currency pairs;
  • Indexes;
  • Futures;
  • CFD;
  • Precious metals.

Money Deposit and Withdrawal

ХМ clients can perform depositing, withdrawal in one of 17 ways. A wide range of banking tools (wire transfer, credit/debit cards) and modern online payment systems are available.

Regardless the deposit/withdrawal method, broker guarantees accuracy and precision of execution. Payments using banking tools are executed during 1-3 business days, payments through online payment systems are executed during 1 business day.

Reliability

XM broker is a regulated one. Its financial activities are regulated by financial regulatory authorities:

  • Financial Conduct Authority of Great Britain (FCA);
  • CySEC – Cyprus Securities and Exchange Commission;
  • The Federal Financial Supervisory Authority – Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin);
  • The Comisión Nacional del Mercado de Valores (CNMV);
  • AFM – Netherlands Authority For the Financial Markets;

Also company works under conditions of The Markets in Financial Instruments Directive (MIFID).

Xemarkets pays great attention to its reputation which influences reliability and liquidity of any financial institution.

Company also cares about money protection that are kept on clients’ accounts. To accomplish this, company closely cooperates with leading banks and insurance companies.

XEMarkets clients can open segregated accounts that allow depositing and keep clients’ assets separated from company’s funds. This method improves safety of deposited funds.

Bonuses and Special Offers

XM Forex broker presents the next bonus programs:

  1. “Reduced commissions” – allows commission compensation for depositing and withdrawal through online payment systems (Skrill, NETELLER) and with help of popular credit/debit cards: VISA; MasterCard; VISA Electron; China UnionPay; Maestro and JCB;
  2. $20 as a gift to clients, registered in Contests Arena (bonus is allocated automatically after registration);
  3. Deposit bonus is given after each deposit. If you deposit less than 500 USD – you will get 50% bonus, more than 500 USD – 20%. Maximum bonus can be up to 5000 USD;
  4. Loyalty program allows to earn ХМ points (XMP) while trading.

All winnings can be withdrawn.

Company carries out different contests and tournaments regularly. Owners of live trading accounts, registered in Contests Arena, can take part in them. You can find more details about special offers and registration rules on the company’s official website.

Trading Account Types

ХМ clients can open following trading account types:

  • MICRO account – for beginners. Minimum deposit starts from $5, floating spread from 1 pip, minimum trading size from 0,01 lot (1 lot = 1000 units), leverage from 1:1 to 1:888;
  • STANDARD account – minimum deposit starts from $5, minimum trading size from 0,01 lot, leverage from 1:1 to 1:888, floating spread from 1 pip. For traders who own more than 20 000 USD leverage is up to 1:200;
  • EXECUTIVE account – minimum deposit starts from 100 000 USD.

On all accounts scalping and hedging can be used.

You can use the following currencies to open a live account:

  • United States dollar (USD);
  • Euro (EUR);
  • British pound sterling (GBP);
  • Japanese yen (JPY);
  • Swiss franc (CHF);
  • Australian dollar (AUD);
  • Russian ruble (RUB);
  • Singapore dollar (SGD);
  • South African rand (ZAR).

Platform Types

Xemarkets offers following trading platform types:

  • XM MT4 for Windows and XM Mac MT4 for Macintosh – these are standard and time-tested solutions for PC and laptop owners.
  • XM WebTrader 4 allows to operate trading account through the Internet and requires no software on your PC.
  • XM Multiterminal allows to manage 100 trading accounts at the same time.
  • XM iPhone, XM iPad Trader – for mobile devices with iOS and XM Droid – for Android OS;
  • XM MAM – for convenient managing of client accounts.

Technical Support

Xemarkets technical support service is one of the most powerful on the market. Technical support service works 24/7. Communication with clients is performed via e-mail and online chat in 20 different languages.

Company’s experts developed unique training programs. Issue-related webinars are held on regular basis. Official website library has huge amounts of books and study guides.

Pros of Trading with XM

Cooperation with Xemarkets has many advantages, the most important of them are:

  • Unique low spreads. They are unique because they are unified (because floating spreads from 1 pip aren’t very special), for all trading instruments there is a single spread size.
  • Efficiency and accuracy of orders execution. No requotes and slippage. At the same time orders can be placed online and via telephone.

Cons

Company has poor news and analytical materials, and unreasonably high swaps.

XM Reviews

Anton Carperov: I’ve been trading for more than 2 years. Can’t say anything unpleasant. Everything that is declared is executed. All payments are executed precisely, and, as a rule, significantly faster than declared. Transfer to WebMoney wallet – 1-3 hours, wire transfer is executed in 6 hours.

Jose Capor: I’ve been using ХМ broker services for almost a year. I’m satisfied. I have nothing to compare with, because it is my first broker and I’m just a beginner. But I like broker’s precision and accuracy of orders execution. Thank you.

Conclusion

Xemarkets (XM) has good reason to be called “powerful modern broker”. Wide range of trading and financial instruments are impressive.

It is necessary to mention active marketing policy of this company which is not typical for such high-level brokers. Wide range of bonus programs and contests altogether with powerful training programs allow to feel confident about the XM’s future.

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