XM Review

XM review

Broker rating: 8.5

€25 welcome bonus

XM broker review

With XM you can trade on financial markets in more than 100 different financial instruments such as currency pairs (forex), indices, precious metals and other raw materials Market prices are displayed in real time…continue reading

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Broker information

Broker	XM
Website link	http://www.xm.com
Founded in the year	2010
Main office based in	Cyprus
Contact possibilities	Email: international.support@xm.com
Available languages	English, Italiano, Filipino, Bahasa Melayu, Tiếng Việt, าษาไทย, Česky, Magyar, Deutsch, Svenska, Nederlands, Türkçe, Español, Eλληνικά, Polski, العربية, Français, Português, עברית, Hrvatski, Pyccĸий, 한국어, íslenska, Română, 繁體, 中文
Trading platform	XM MT4, XM Mac MT4, XM Webtrader, XM Multiterminal, XM iPhone Trader, XM iPad Trader, XM Android Trader, XM MAM
Minimum first deposit	€5
Minimum amount traded	€25
Maximum amount traded	€500,000
Welcome bonus	€25 sign-up bonus
Leverage	1:1 up to 1:888
Spread	1-3 pips per trade
Demo account	Click to open a Demo account
Regulated
Regulated by	XM is authorised and regulated by the Cyprus Securities and Exchange Commission and the Australian Securities and Investments Commission. It is also registered with a number of Financial Authorities including: FCA, BaFin, CNMV, CONSOB, ACP, AFM
Extra fees
Available accounts	Demo, Real, MT4, Mirror Trader
Methods of deposit	Banktransfer, Visa, MasterCard, Neteller, Skrill/Moneybookers, iDeal, Western Union, GiroPay and more
Methods of withdrawal	Banktransfer, Visa, MasterCard, Neteller, Skrill/Moneybookers, and more
Number of tradable Assets	100+
Types of tradable assets	Shares, indices, Forex, commodities, and options
Tradable currencies	All major and minor currency pairs, 56 in total
US traders allowed
Trading on smartphone
Trading on tablet
Broker Score	8.5

Complete Review XM

With XM you can trade on financial markets in more than 100 different financial instruments such as currency pairs (forex), indices, precious metals and other raw materials. Market prices are displayed in real time and with low spreads. At XM, it is possible to trade with a leverage of 1:1 to 888:1, the highest leverage of all brokers on Globaltrading24.com. XM is part of Trading Point Technologies LTD.

Trading efficiency is of utmost importance with this broker. To increase its creditibility, the broker tries to be as transparent as possible and, by investing in the latest technology, to deliver the simplest and most advanced user interface. Trade executions run very smoothly and without any delays that could possibly be detrimental to the trader. For XM, loyalty is an important point as well. With a live chat and telephone customer support traders can ask their questions or explain their comments to the broker at any time. For the relevant contact addresses, see the table above.

Besides an ordinary order execution broker XM also offers the possibility of “contest arena”. In the so-called Contest Arena, you can take a look at other investors’ investments and anticipate based on their trades. It is possible to participate in the competition and invite your friends or co-investors to join. XM currently gives a $30 Coupon to all new traders to try their trading platform.

XM offers a temporary free starting capital of €25 to each new registration of a trading account. It does not matter whether this is a demo or real trading account. Every new trader receives €25 or $30 real money, without first having to make a deposit or having to submit his/her creditcard details.