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
|Founded in the year||2010|
|Main office based in||Cyprus|
|Contact possibilities||Email: firstname.lastname@example.org|
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 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|
|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|
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.
- Free €25 welcome bonus to try out this broker
- Social Trading through Mirror Trader
- Metatrader 4 and 5 available
- High deposit bonuses