Xm cyprus
I can't trust xm anymore. I deposited money and I made so much money but when i wanted to withdraw they said I have violated the rules.
Real forex bonuses
XM – forex broker rating and review 2021
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and it is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and it is regulated by the australian securities and investments commission (ASIC 443670) and XM global limited was established in 2017 and is regulated by the international financial services commission (000261/106). Our clients benefit from direct access to the financial markets in over 300 financial instruments. This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes forex trading, stocks cfds, commodities cfds, equity indices cfds, precious metals cfds and energies cfds with transparent real-time pricing, lowest spreads, and flexible leverage.
We value business efficiency - this is why we regard speed and fairness as crucial.
- Up to 888:1 leverage. *this leverage is not available to all the entities of XM group. Leverage depends on the financial instrument traded.
- 8 platforms, including metatrader4/5 and webtrader
- Deposit bonus up to 5 000 USD. *clients registered under the EU regulated entity of the group are not eligible for the bonus
- Webinars
- Tutorials
- Account funding 100% automatic
- IB partner program with tailor made solutions for every partner
- Minimum deposit is only $5
- Tight forex spreads
- Currency converter available on official site
- Comfortable and safe trading
Broker review
Strong selling points of XM focus on its NO requotes, no rejection policy as well as its tight spreads which combined with its no minimum deposit policy attract medium size traders which seek for an MT4/5 broker with clean trading conditions with NO high minimum deposit limitations.
Account types
USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR
USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR
USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD,ZAR
Lots restriction per ticket
Figures should be considered as a guideline – tailor made solutions can be arranged to accommodate for each client’s needs. If the deposit currency is not USD, the indicated amount should be converted to the deposit currency.
XM broker offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, XM allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.
Regulation of XM
- Trading point of financial instruments pty ltd is authorized and regulated by ASIC (AFSL no. 443760).
- The full information can be found here: http://www.Xm.Com/regulation
- Trading point of financial instruments ltd is regulated by the cyprus securities and exchange commission (cysec 120/10)
- Trading point of financial instruments pty ltd is regulated by the australian securities and investments commission (ASIC 443670
- XM global limited was established in 2017 and is regulated by the international financial services commission (000261/106)
Spreads
Though XM is not no spread forex broker, the spreads are tight and are in the fair range of the industry. From default spreads are set to variable with EUR/USD set to an average of 1.9 pips.
XM trading information
XM — latest reviews and comments 2021
I can't trust xm anymore. I deposited money and I made so much money but when i wanted to withdraw they said I have violated the rules. I don't recommend xm anymore amd they took all my money.
Halati maxwell 29 january, 2021 reply
I've been trading on XM and there trades lag whenever I have made profits that are half the money I used to fund my account. The lag is for a minute or two. By the time the lag ends i would be in the red- with a blown account. I'm shutting down XM. XM trades against you.
They took money without my permission send via BTC to another account that is not belong to me. Choose very carefully your broker, I do not recommend to use XM.
Faruk 24 december, 2020 reply
I made a withdrawal over a week ago and i still haven't received my money in my bank account. But the deposit takes a mater of few seconds to happen. I'm very unhappy with that i can't get money back now. Called the bank and they said no money has been sent to my account from XM. Stay away from this broker. It will end in tears.
Thabanag 24 november, 2020 reply
I wish I came to this review site before I started trading with with those scammers. I was trying to withdraw R1800 today and was told i violated rules. They use people to trade for them and steal their money when we try to make withdrawals.I wanna sue them or something. Why aren't we doing anything about this we all have the same complaints.
XM for me is a genuine broker. First they offer 30$ bonus and trust me this is the best in the industry since they have a very few conditions to meet for profit withdrawls. Second, they dont charge any % for all deposits and withdrawals and moreover the withdrawal are very fast as compared to other brokers. They have a very huge options for CFD tradings. Overall, I have used XM for 5 years now and I am a very happy client. I also use fxpro and hotforex sometimes, they are also better.
Sanjog 24 november, 2020 reply
They will offer you a free $30 no deposit bonus and the account become profitable you will received an email that you violated rules without an explanation. If you asked their chat agent you ended up talking to a robot.
Jess 23 november, 2020 reply
Please read the T&S properly,
Sanjog 24 november, 2020
I got the bonus traded and made $61 profits then the moment I withdrew it I got an email that said I have viloted section b of the terms and conditions of the broker.
Philani 29 november, 2020
I opened a standard account with xm and the spreads for currency pairs are way too high. Then I opened an ultra low account still all I see is fixed spreads but when you review their services they say they offer tight spreads.
Kevin rakuba 12 november, 2020 reply
I haven't recieved my withdrawal, it's been a whole week (7 days) now. XM isn't a trustworthy broker for real. The transaction says "approved" but there is no action that has been made. They're 100% scammers.
Siphiwe 30 october, 2020 reply
Siphiwe, did you finally get your money? Your response is crucial because I want to fund.
Forex gump 15 november, 2020
I withdrew my money and xm decided to terminate my account and took all the profits I made now I have nothing on my platform. Xm is a broker you no longer have to trust.
Sarah 29 october, 2020 reply
I withdrew 2 times, I did not receive my money even today.
Sithembiso 23 october, 2020 reply
Try withdrawal using the "local bank transfer" option, it's works for san bank accounts, you won't regret it.
Pieceofmind 23 november, 2020
XM rating
XM reviews rating
The war between the establishment on wall street and small-time investors is far from over as not only are retail traders still betting against short sellers of gamestop.
The sound you are listening to is the stock market cracking from within, as a few funds liquidate their books to cover losses on their short bets, which retail.
USDCHF has been developing within a consolidation area over the last three weeks, hovering around the ichimoku cloud lately. The short-term oscillators.
EURJPY is currently resting on the 50-day simple moving average (SMA) at 125.74 after a bounce off the lower bollinger band, which is encapsulated within a critical.
NZDUSD is finding some support from the flattening ichimoku lines while primarily creeping sideways, after the small pullback from the multi-year high of 0.7314.
The latest inflation update out of australia will hit the markets at 00:30 GMT wednesday. Forecasts point to a muted print, though that is unlikely to result in further.
USDCAD climbed above the short-term descending channel earlier today in the four-hour chart but failed to jump above the 1.2780 resistance, returning lower.
GBPUSD is retreating somewhat after the pullback off the 33-month high of 1.3745 in the preceding week. Currently, the pair is flirting with the 20-day simple.
Xm cyprus
This XM review was conducted by the team of our professional forex experts for those who want to invest with XM.Com broker.Formerly founded in 2009 as trading point of financial instruments ltd, it is a regulated forex broker in the republic of cyprus. The company was originally established by a group of interbank traders who required to recover the level of services in the forex trading communal. Through XM, traders now have access to the cfds, commodities and forex marketplaces.
Featured site
One of the foremost advantages of trade with XM is the information that the company is founded in cyprus, a member nation of the eurozone. This mean it meets the lowest fiduciary standard essential of a financial service provider working in the eurozone. By the way, it is also registered with the UK’s financial services authority (FSA) and federal financial supervisory authority of germany (bafin) thus giving extra protection to traders.
XM forex trading platforms
Maximum forex brokers offer an industry-leading platform such as MT4 and combine this with a good mobile app. It provides 9 platforms, five of which are keen to desktop computers and 4 that are keen to mobile traders. They really do not leftover any chance to live up to the right of “valuing trading competence” and provide for traders of all levels and necessities. These stages are below defined in brief detail.
XM MT4 download
This is XM’s version of the commerce-leading mt4 platform. It is extremely configurable and effortlessly suited to both novice and expert traders alike. It provides a live news feed and a wide technical analysis abilities. The MT4 platform also joins one click trading along with their manual trading feature, and even permits you to setup eas to mechanically place trades for you. Actually, there are a sum of add-ons and applications that will assistance you trade and progress your approaches. Trade cfds, futures and forex with no requotes and no refusals on this platform.
MT4 multiterminal
The multiterminal platform is mainly intended for money managers or traders who use manifold accounts and perform multiple order types instantaneously. Several of the features of MT4 are presented, but eas are not permissible as the terminal is planned for managing numerous accounts simply. Multiterminal doesn’t offer tech study either, but it does provide financial news and system signals in real-time, accompanied by numerous execution models intended to meet the necessities of those who essential to manage numerous accounts.
Mac MT4
This is a mac friendly version of the extremely popular metatrader4 platform. This version of the platform comprises all of the functionality and features defined above, but permits traders to usage the platform on apple computers without the essential to run a parallel windows emulator or windows desktop.
XM.Com MAM
As revealed previous, it look like to be the “one broker for all” as they offer a huge number of explanations. If you are an account or portfolio manager, or you are attentive in managing numerous accounts with the comprehensive features of metatrader4, this is the platform for you. Unlike MT4 multiterminal, XM MAM permits automated trading with eas and offer the technical analysis and charts you’d expect from metatrader4. There is so much more to this platform as it even permits numerous account pockets to manage numerous MT4 trading accounts through one main account. If this sounds right to your necessities, we endorse you speak with the support team to completely understand the functionality and features available here.
Webtrader
This is online trading platform. It is well-matched with mac, PC and any other apparatus accomplished of running a browser. No download is essential. Just open the platform from XM.Com in your browser and increase complete access to your trading accounts instantly. Traders can take benefit of a number of tools to increase their trading skills and trade with no rejections and no requotes. Like the metatrader4 platform, the webtrader 4 platform offers one-click trading, market analysis, an economic calendar and streaming news. It’s influential, capable and flexible. It comes extremely optional.
Ipad trader
XM brings MT4 to all ipad users by their ipad trader platform. It offers admittance to your metatrader4 account and presents actual interactive charts with scroll and zoom functionality. It also delivers real-time estimates of financial instruments, a complete set of trading tools and a comprehensive trading history, confirming that traders can examine their progress precisely. Unlike certain apps, this is far from an extra and really does provide an imaginary remote trading knowledge.
Iphone trader (IOS), mobile trader (windows mobile), droid trader (android) – mobile operators are not left imperfect as XM provide a mobile solution for all main smartphones. Their mobile platforms provide exceptional trading suppleness by bringing you a mounted down version of MT4 to your fingertips. They all provide direct access to your account and offer actual quotes of financial tools. The platforms also offer a complete set of trade orders comprising pending orders, 30 technical indicators, trade history, and the aptitude to trade straight from charts.
XM – forex broker rating and review 2021
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and it is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and it is regulated by the australian securities and investments commission (ASIC 443670) and XM global limited was established in 2017 and is regulated by the international financial services commission (000261/106). Our clients benefit from direct access to the financial markets in over 300 financial instruments. This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes forex trading, stocks cfds, commodities cfds, equity indices cfds, precious metals cfds and energies cfds with transparent real-time pricing, lowest spreads, and flexible leverage.
We value business efficiency - this is why we regard speed and fairness as crucial.
- Up to 888:1 leverage. *this leverage is not available to all the entities of XM group. Leverage depends on the financial instrument traded.
- 8 platforms, including metatrader4/5 and webtrader
- Deposit bonus up to 5 000 USD. *clients registered under the EU regulated entity of the group are not eligible for the bonus
- Webinars
- Tutorials
- Account funding 100% automatic
- IB partner program with tailor made solutions for every partner
- Minimum deposit is only $5
- Tight forex spreads
- Currency converter available on official site
- Comfortable and safe trading
Broker review
Strong selling points of XM focus on its NO requotes, no rejection policy as well as its tight spreads which combined with its no minimum deposit policy attract medium size traders which seek for an MT4/5 broker with clean trading conditions with NO high minimum deposit limitations.
Account types
USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR
USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD, ZAR
USD, EUR, GBP, JPY,CHF, AUD, HUF, PLN, RUB, SGD,ZAR
Lots restriction per ticket
Figures should be considered as a guideline – tailor made solutions can be arranged to accommodate for each client’s needs. If the deposit currency is not USD, the indicated amount should be converted to the deposit currency.
XM broker offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, XM allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.
Regulation of XM
- Trading point of financial instruments pty ltd is authorized and regulated by ASIC (AFSL no. 443760).
- The full information can be found here: http://www.Xm.Com/regulation
- Trading point of financial instruments ltd is regulated by the cyprus securities and exchange commission (cysec 120/10)
- Trading point of financial instruments pty ltd is regulated by the australian securities and investments commission (ASIC 443670
- XM global limited was established in 2017 and is regulated by the international financial services commission (000261/106)
Spreads
Though XM is not no spread forex broker, the spreads are tight and are in the fair range of the industry. From default spreads are set to variable with EUR/USD set to an average of 1.9 pips.
XM trading information
XM — latest reviews and comments 2021
I can't trust xm anymore. I deposited money and I made so much money but when i wanted to withdraw they said I have violated the rules. I don't recommend xm anymore amd they took all my money.
Halati maxwell 29 january, 2021 reply
I've been trading on XM and there trades lag whenever I have made profits that are half the money I used to fund my account. The lag is for a minute or two. By the time the lag ends i would be in the red- with a blown account. I'm shutting down XM. XM trades against you.
They took money without my permission send via BTC to another account that is not belong to me. Choose very carefully your broker, I do not recommend to use XM.
Faruk 24 december, 2020 reply
I made a withdrawal over a week ago and i still haven't received my money in my bank account. But the deposit takes a mater of few seconds to happen. I'm very unhappy with that i can't get money back now. Called the bank and they said no money has been sent to my account from XM. Stay away from this broker. It will end in tears.
Thabanag 24 november, 2020 reply
I wish I came to this review site before I started trading with with those scammers. I was trying to withdraw R1800 today and was told i violated rules. They use people to trade for them and steal their money when we try to make withdrawals.I wanna sue them or something. Why aren't we doing anything about this we all have the same complaints.
XM for me is a genuine broker. First they offer 30$ bonus and trust me this is the best in the industry since they have a very few conditions to meet for profit withdrawls. Second, they dont charge any % for all deposits and withdrawals and moreover the withdrawal are very fast as compared to other brokers. They have a very huge options for CFD tradings. Overall, I have used XM for 5 years now and I am a very happy client. I also use fxpro and hotforex sometimes, they are also better.
Sanjog 24 november, 2020 reply
They will offer you a free $30 no deposit bonus and the account become profitable you will received an email that you violated rules without an explanation. If you asked their chat agent you ended up talking to a robot.
Jess 23 november, 2020 reply
Please read the T&S properly,
Sanjog 24 november, 2020
I got the bonus traded and made $61 profits then the moment I withdrew it I got an email that said I have viloted section b of the terms and conditions of the broker.
Philani 29 november, 2020
I opened a standard account with xm and the spreads for currency pairs are way too high. Then I opened an ultra low account still all I see is fixed spreads but when you review their services they say they offer tight spreads.
Kevin rakuba 12 november, 2020 reply
I haven't recieved my withdrawal, it's been a whole week (7 days) now. XM isn't a trustworthy broker for real. The transaction says "approved" but there is no action that has been made. They're 100% scammers.
Siphiwe 30 october, 2020 reply
Siphiwe, did you finally get your money? Your response is crucial because I want to fund.
Forex gump 15 november, 2020
I withdrew my money and xm decided to terminate my account and took all the profits I made now I have nothing on my platform. Xm is a broker you no longer have to trust.
Sarah 29 october, 2020 reply
I withdrew 2 times, I did not receive my money even today.
Sithembiso 23 october, 2020 reply
Try withdrawal using the "local bank transfer" option, it's works for san bank accounts, you won't regret it.
Pieceofmind 23 november, 2020
XM rating
XM reviews rating
The war between the establishment on wall street and small-time investors is far from over as not only are retail traders still betting against short sellers of gamestop.
The sound you are listening to is the stock market cracking from within, as a few funds liquidate their books to cover losses on their short bets, which retail.
USDCHF has been developing within a consolidation area over the last three weeks, hovering around the ichimoku cloud lately. The short-term oscillators.
EURJPY is currently resting on the 50-day simple moving average (SMA) at 125.74 after a bounce off the lower bollinger band, which is encapsulated within a critical.
NZDUSD is finding some support from the flattening ichimoku lines while primarily creeping sideways, after the small pullback from the multi-year high of 0.7314.
The latest inflation update out of australia will hit the markets at 00:30 GMT wednesday. Forecasts point to a muted print, though that is unlikely to result in further.
USDCAD climbed above the short-term descending channel earlier today in the four-hour chart but failed to jump above the 1.2780 resistance, returning lower.
GBPUSD is retreating somewhat after the pullback off the 33-month high of 1.3745 in the preceding week. Currently, the pair is flirting with the 20-day simple.
XM review and tutorial 2021
XM.Com offer a range of account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
XM.Com deliver ultra low spreads across a huge range of forex markets. Flexible lot sizes, and micro and XM zero accounts accommodate every level of trader.
XM review; touted as the next generation broker for online forex and commodity trading, XM global webtrade is suitable for beginner and seasoned traders alike. Traders can get started with the trading software real account, or test the waters with a demo account platform with $100,000USD of virtual currency.
Highlights of this particular broker service include auto trading, no hidden fees or commissions and fast order executions, with 99.35% taking place in under 1 second.
Company details
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10).
Trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670).
XM global was established in 2017 and is regulated by the international financial services commission (000261/106).
The platform boasts over 1.5 million clients with traders in 196 countries. The XM ethos is all about being big, fair and human. The company prides itself on things like excellent customer service and a personalised approach for every client, no matter their investment goals.
XM trading platform
XM offers 2 trading platforms which are accessible from both real and demo accounts. The multi-award winning metatrader 4 is predominantly a forex trading platform that supports stop, limit, market and trailing orders.
The metatrader 5 platform is a multi-asset trading platform which also offers access to stocks, stock indices and precious metals. Both platforms are available on apple and android devices, which makes for a smooth and easy-to-use mobile trading experience.
The trading area offers additional, optional tools, such as economic calendar or trade volume stats.
Assets / markets
This broker has more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and this includes forex trading, stocks cfds, commodities cfds, equity indices cfds, precious metals cfds and energies cfds.
Forex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs.
XM does not offer binary options or futures.
Spreads & commission
Spreads vary depending on the kind of account opened. It’s possible to open a micro account, standard account and XM zero account. The minimum spread across all accounts is 0.1 pips, and the average spread for a major pair such as EUR/USD is 0.1 pips.
XM operates a strict “no hidden fees or commission” policy. As such, commission is only given for XM zero accounts. XM covers all transfer fees and same-day withdrawals are guaranteed.
Leverage
Depending on the instrument, the leverage can range from 2:1 to 30:1. This is completely flexible and XM offers its clients the chance to manage their own leverage risk. Margin requirements remain constant throughout the week and never widen at weekends or at night.
This leverage applies to clients registered under the EU regulated entity of the group.
XM mobile apps
XM is available on a number of android and apple devices, including apple iphone, apple ipad and android tablets and android phones. Login is super-easy and can be done via fingerprint. You can download their apps from the apple app store or the google play store.
They are both fully functional and allow for monitoring and trading on-the-go. The desktop platforms for PC and mac both support one-click trading.
XM global trading platforms
Payment methods
In line with conventional KYC regulations, users need to provide a colour copy of an official identification document such as a passport or a driver’s license. They also need to provide a recent utility bill dated within the last three months as proof of address.
Once registered, the minimum deposit amount is $5 for micro and standard accounts, while zero accounts require a minimum deposit of $100.
Deposits can be made using most major credit cards, electronic payment methods, wire transfer, local bank transfer and more.
Deposits can be made in any currency and it will be automatically converted into the currency you select as your base currency when opening the account.
All withdrawals are processed in 24 hours and there are no fees to take your money out of your ewallet.
Demo account
XM excels in its demo account offering. Users can set up a demo account with just a few details and then get trading with a virtual balance of $100,000USD. The XM demo account is unique in that it offers exactly the same trading conditions as the real thing.
There are no time limits on how long you can use your demo account.
Bonus deals and promotions
XM also offers a free VPS (virtual private server) service to help increase the speed of trades. This VPS is accessible from anywhere and available 24/7. They claim to eliminate downtime and are available across the globe.
XM are also offering commission and fee free withdrawals and deposits.
As an EU regulated brand, XM comply with the ESMA ban on bonuses, and the $30 deposit bonus is no longer available to EU traders.
Regulation and licensing
As noted above, XM group has a range of brands covered by different regulators.
XM group (XM) is a group of regulated online brokers. Trading point of financial instruments was established in 2009 and is regulated by the cyprus securities and exchange commission (cysec 120/10).
Trading point of financial instruments pty ltd was established in 2015 and is regulated by the australian securities and investments commission (ASIC 443670).
XM global was established in 2017 and is regulated by the international financial services commission (000261/106).
Additional features
One of the biggest perks available on the XM platform is the wealth of training and educational materials available. The platform hosts regular webinars aimed at newcomers and seasoned professionals alike.
The platform is inherently social, encouraging users to learn from their team of instructors. The company also published research and technical analysis.
XM MT4 and MT5 forex trading
XM account types
There are four levels of trading account, micro, standard and zero. All accounts allow up to 200 open/pending positions per client.
- Micro accounts: micro accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and can get started with a minimum deposit of $5USD. 1 micro lot is 1,000 units of the base currency.
- Ultra low accounts: XM ultra low accounts, can use EUR, USD, GBP, AUD, ZAR, SGD as the base currency and traders will require a minimum deposit of $50 USD. 1 standard ultra lot is 100,000 units of the chosen base currency, whereas, 1 micro ultra lot is 1,000 units of the base currency. XM ultra low accounts are not applicable to all entities of the group.
- Standard: standard accounts can use USD, EUR, GBP, CHF, AUD, JPY, HUF and PLN as the base currency and traders can get started with just $5USD. 1 standard lot is 100,000 units of the chosen base currency.
- Zero accounts: zero accounts can use USD, JPY and EUR as the base currency and traders will require a minimum deposit of $10USD. Like the standard account, 1 standard lot is 100,000 units of the chosen base currency.
Benefits
XM offers a full-service education package on forex, ideal for those making their first steps into trading.
However, this isn’t at the expense of the more seasoned professional, who also have access to expert analysis and unparalleled tracking tools. As a company that prides itself on solid customer service, their users are well-served with support available in many different languages.
Drawbacks
While the support may be strong, some users dislike that customer support is only available monday to friday. Another disadvantage is the lack of diversity between the different account types makes for a less personalised feel.
Other brokers offer more a distinct offering in their accounts, but the micro, standard and zero accounts are almost identical. And finally, paypal deposits are not currently supported, which can be problematic for some.
Traders from certain regions are also forbidden to open an account due to licensing laws, these include canada and the united states.
Trading hours
In line with worldwide forex market hours, XM is available 24 hours a day. For phone trading, the XM trading hours are sunday 22:05 GMT through to friday at 21:50 GMT.
Contact details / customer support
The easiest way to contact XM is through their live chat feature found on the contact page of their website.
You can also email support on: support@xm.Com
Safety and security
There are no obvious security concerns with the website. Users are required to confirm their email address in order to open a demo account but signing up for email updates is not a requirement. In order to open a trading account, identification documents are required.
According to the company privacy policy, XM has organisational procedures in place to ensure that personal data is kept secure.
Overall verdict
XM offers a comprehensive broker service to traders of all levels. Whether you are just starting out and learning the ropes, or if you’re a seasoned trader looking for a reliable and efficient platform, XM is a solid choice.
Despite the shortcomings with the different account options, the platform is easy to use and simple to navigate.
Accepted countries
XM accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.
Traders can not use XM from united states, canada, israel, iran, portugal, spain.
Xm cyprus
Affiliates and ibs from 196 countries choose XM as their partner.
Affiliates and ibs from 196 countries choose XM as their partner.
Get more than a partner account at XM partners
No limits on
commissions per client
No limits on
total commissions
Payments on time,
every time
Material in
over 25 languages
No limit on commissions per client
We speak more than 30 languages
- 01 NO REQUOTES
- 02 NO REJECTIONS
- 03 24-HOUR SUPPORT
- 04 NEGATIVE BALANCE PROTECTION
- 05 zero fees
- 06 LICENSED AND REGULATED
- 07 MT4/MT5 TRADING
- 08 16 PLATFORMS
- 09 UP TO 888:1 LEVERAGE
- 10 UP TO $5000 BONUS
We are thrilled to inform our partners and introducers of business about our upcoming forex trading seminars across africa, starting as of april. Planned to [..]
This march, senior market strategist of tradepedia habib akiki, accompanied by our XM staff members, returns to morocco with a new forex seminar dedicated to [..]
XM is one of the most trustworthy brokers we work with. Tracking, conversions and account management are second to none. Andrew wright
XM partner program is one of the best programs, which I have seen in between the biggest brokers, fortunately I got one of the best manager, and he helped me a lot in marketing plus for sure helping my clients correct. Ahmed zaman
Working with XM for few years now, and I really believe they are the best and most honorable broker out there, tested many and still XM is on the top of my list. Miro pavlov
Legal: this website is operated by XM global limited with registered address at no. 5 cork street, belize city, belize, CA.
Trading point holdings ltd is the holding company of trading point of financial instruments limited, XM global limited, trading point of financial instruments UK limited, trading point of financial instruments pty ltd, and trading point MENA limited.
Trading point of financial instruments limited is authorised and regulated by the cyprus securities and exchange commission (cysec) (licence number 120/10).
XM global limited is authorised and regulated by the international financial services commission (IFSC) (license number 000261/106).
Trading point of financial instruments UK limited is authorised and regulated by the financial conduct authority (FRN: 705428).
Trading point of financial instruments pty ltd is authorised and regulated by the australian securities and investment commission (AFSL 443670).
Trading point MENA limited is authorised and regulated by the dubai financial services authority (DFSA) (reference no. F003484).
Risk warning: forex and CFD trading involves a significant risk to your invested capital. Please read and ensure you fully understand our risk disclosure.
Restricted regions: XM global limited does not provide services for the residents of certain countries, such as the united states of america, canada, israel and the islamic republic of iran.
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By clicking “continue”, you agree to the default cookie settings on our website.
XM uses cookies to ensure that we provide you with the best experience while visiting our website. Some of the cookies are needed to provide essential features, such as login sessions, and cannot be disabled. Other cookies help us improve our website’s performance and your experience through personalising content, providing social media features and analysing our traffic. Such cookies may also include third-party cookies, which might track your use of our website. You may change your cookie settings at any time.
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XM review
Trading point of financial instruments
XM group is a group of online brokers. XM group offers the MT4, MT5 and webtrader currency trading platforms. XM.Com offers over 55 currency pairs and cfds on stocks, metals, commodities, equity indices, and energies for your personal investment and trading options.
Former websites of this broker include trading-point.Com.
Other websites related to this company include xmtrading.Com, pipaffiliates.Com, xmarabia.Net, XM.Co.Uk, xmsina.Com.
Broker details
Live discussion
Join live discussion of XM.Com on our forum
XM.Com profile provided by chris zacharia, mar 28, 2017
XM is a forex broker. XM offers the metatrader 5, metatrader 4 and mobile global forex trading top platforms. XM.Com offers over 55+ forex pairs, stocks,cfds, equities, indices, metals, and energies for your personal investment and trading options.
Video
Let other traders know if this service is worth checking or should be avoided.
Traders reviews
I am a disable from ukraine. I decided to try forex. Disables in ukraine have a too small pension. I've send $20 to xm account. I losed my money. After that, I decided to delete my account. But there is a problem. There is $0.91 on my account. I can not to trade using these money, because it's a small amount and I can not to withdraw them. Support sad that I have to send money to xm account again. I told them, that I have not money anymore. So, I write them for a week. Nobody can help. They just say: ok! Today we will decide your problem. But it is all FALSE.
What do I have to do? - I don't know.
Also, according to the privacy policy of xm.Com, I want they to delete all my documents and all informotion about me.
Give me some advice, please, where do I have to write to solve this problem, if you know.
Length of use: 6-12 months
XM.Com is the worst broker in the world.. They have the worst service.. Provide a high leverage & out to steal your money.. I have an ongoing dispute with them which remains unresolved.. They refuse to give me a case number to refer my case to the cyprus securities and exchange commission (cysec) (licence number 120/10), international financial services commission (IFSC) (license number 000261/106), financial conduct authority (FRN: 705428), australian securities and investment commission (AFSL 443670). I still await a resolution to my dispute.. They are the worst broker ever.. Do not support or deposit funds with these thieves.. They offer an addictive & destructive product.. Stay away from them. I want my $35,000!!
Apr 23, 2020 - 1 star good day,
Hope this email finds you well.
The cyprus securities & exchange commission has asked me to provide it with a CIF reference number to lodge a case.
To date i have not received a CIF ref number in correspondence?
Please provide me with a CIF ref number?
At no point did xm.Com refer me the the cyprus securities & exchange commission.
Attached is my complaints to be lodged to the cyprus securities & exchange commission.
.
Kind regards
#noresponsereceivedfromxm do not use xm.Com as you will loose you money like me! XM.Com #the kings of ducking and diving
I am in $35,000 of credit card debt because of xm.Com
Be warned, they are the worst from my experience!
Reply by chris zacharia submitted apr 30, 2020 dear moey007,
First, I would like to inform you that the trading account provided is under XM global limited and therefore, your business relationship is with XM global limited. In view of the latter, please bear in mind that XM global limited is authorised and regulated by the international financial services commission ("IFSC") and as such, the cyprus securities and exchange commission ("cysec") is not the competent authority to review your complaint.
Notwithstanding the above, please note that I have investigate the issue and I can confirm that an official response has been sent to you by the relevant department of our company in relation to the subject matter, via email, on 21/05/2019, on 25/02/2020 and on 28/04/2020.
In this respect, I would like to stress the fact that the issue you are raising in your emails concerns only you and the relevant third party and our company cannot be considered a party or that it is involved in any way in the dealings/relationships its clients may potentially have with any third party.
In view of the fact that our company is not, in any way, involved in the subject matter, I can conclude that there is no basis to raise a complaint against our company and I can reject your claims that you have not been properly assisted by our personnel in regard to this case.
Super legit platform
I have started trading with real money on december 7,2020 and at the end of the month thursday 31 my account was up approximately 53 % .
Everything is working more than expected. And if there is more than five starts for evaluation I will give them all the starts in the sky. What a wonderful company .
They are very honest and sincere and think of clients more than themselves. Any question I ask I get a prompt reply from professional works that really appreciate to help you make money as they earn money too. It is a win win game.
In short, there is no company as good as xm.Com it is really the business itself.
Deposit easy, but its difficult to withdraw
I ve been trading for 2 months use XM broker, yesterday as i want to withdraw quite large above 3000usd suddenly they ask for scan of my bank account with my name on it, i understand that this is for security.
So I sent them as they request, but then they reply I need to sent from my registered email. Now the registered email using gmail that has dots, they receive my email without dots( so they assume its not registered how come since they sent all the daily confirmation to my same email address)
So i ve already change the email with dots and until now there is no reply from them
I just got info that XM has been awarded with best global forex 2020, and I hope they act like one
Length of use: over 1 year
Length of use: over 1 year
I am utterly disappointed with XM, yesterday they recorded a lower price compared to other platforms and brokers. Due to this irregular behavior and price move, my positions were stopped out and thus disrupting my day, throwing me off balance completely.
Can anyone let me know if such behavior is possible? Customer support always gives you generic response, the feeling of helplessness when you discover your broker does not have your best interest at heart is devastating.
I am now convinced that perhaps I should look for another broker.
I am new to FPA, but I have been looking at the site for a long time, I saw the alerts about xm, but as I had support in portuguese I decided to take a chance, I figured that the problems described might not occur to me!
It was a big mistake on my part, i made some deposits, and i went through unsuccessful operations i lost a good amount of money at xm, so far so good, they are not to blame for that. When I finally make a new deposit and I have a "good" day, I deposited 100 and made 105.71 of total profit 105.71, I thought I will make a withdrawal and continue using the broker, that's when my headache started, I asked for the withdrawal via neteller, in which I had already deposited an amount, my withdrawal was denied and I was asked to withdraw via an astropaycard which had been the method of my last deposit, I went to the chat to complain, because I know about the money laundering law, I should be able to withdraw a part by neteller, after much discussion I was informed that I should withdraw by astropaycard, I accepted and withdrew, but in just 2 minutes after leaving the chat the following email arrived:
Important news
dear client,
We are contacting you regarding account (s) number 40025313 ("your account (s)") maintained at our company.
The trading patterns in your account (s) raise serious concerns regarding the trading bonuses credited to your account (s), as these were used in “cash-back arbitration” activities.
In accordance with the terms and conditions applicable to our credit bonuses, the following activities qualify as "cash-back arbitration":
any form of commercial arbitration
bonuses claimed by multiple accounts that have been registered using the same IP address
various bonus handling practices
violation of any points that are included in our bonus terms and conditions
any fraudulent activities, disputes or situations that our company considers to be fraudulent.
Given the fact that your account (s) trading patterns do not comply with the terms and conditions of the respective trading bonus program, we regret to inform you that any bonuses previously assigned to your account (s) will be deducted, with immediate effect and your account (s) is / are not eligible to participate in any future trading bonus programs.
Please note that our decision on this matter must be considered as definitive and binding on all participants and that, in addition to the notification set forth hereinafter, no further correspondence will be made on the matter in question.
I know that there are people who abuse the bonus programs, but it is not my case, I would be very happy if XM pointed out a concrete proof to the FPA, because accusing customers of having broken the rules at random is very easy for them to steal customers ! And all this happens only when you ask for a withdrawal! While I was losing money with them everything was great, everything was beautiful, it was me having a small profit that started this antics!
It is not a large amount, but note that in the current situation it is complicated to keep losing small amounts! The worst is the feeling of helplessness that we have when dealing with these scams!
I have further investigated the issue raised in your review and I can confirm that it was correctly decided that you will no longer be eligible to participate in any trading bonus programs, due to the nature of your trading activity.
Particularly and for your better understanding, please note that the trading patterns and trading behavior in your trading account(s) held with our company indicated that you were exploiting arbitrage opportunities. As you were accurately informed by the relevant department of our company via email, any actions taken in relation to your trading account(s) were fully in line with our company’s controls and procedures. At this point, I would like to stress the fact that no adjustments were performed to your trading account(s).
In view of the above, kindly note that the same trading conditions will apply to any new trading account(s) registered with our company. In this respect, I regret to inform you that your request to remove these trading conditions from your trading accounts is rejected.
I hope that the above information explains what has occurred, and I would like to assure you that it is not our wish to trouble our clients and further confirm that we always abide by the client - company agreement which governs our business relationship.
Xm cyprus
This XM review was conducted by the team of our professional forex experts for those who want to invest with XM.Com broker.Formerly founded in 2009 as trading point of financial instruments ltd, it is a regulated forex broker in the republic of cyprus. The company was originally established by a group of interbank traders who required to recover the level of services in the forex trading communal. Through XM, traders now have access to the cfds, commodities and forex marketplaces.
Featured site
One of the foremost advantages of trade with XM is the information that the company is founded in cyprus, a member nation of the eurozone. This mean it meets the lowest fiduciary standard essential of a financial service provider working in the eurozone. By the way, it is also registered with the UK’s financial services authority (FSA) and federal financial supervisory authority of germany (bafin) thus giving extra protection to traders.
XM forex trading platforms
Maximum forex brokers offer an industry-leading platform such as MT4 and combine this with a good mobile app. It provides 9 platforms, five of which are keen to desktop computers and 4 that are keen to mobile traders. They really do not leftover any chance to live up to the right of “valuing trading competence” and provide for traders of all levels and necessities. These stages are below defined in brief detail.
XM MT4 download
This is XM’s version of the commerce-leading mt4 platform. It is extremely configurable and effortlessly suited to both novice and expert traders alike. It provides a live news feed and a wide technical analysis abilities. The MT4 platform also joins one click trading along with their manual trading feature, and even permits you to setup eas to mechanically place trades for you. Actually, there are a sum of add-ons and applications that will assistance you trade and progress your approaches. Trade cfds, futures and forex with no requotes and no refusals on this platform.
MT4 multiterminal
The multiterminal platform is mainly intended for money managers or traders who use manifold accounts and perform multiple order types instantaneously. Several of the features of MT4 are presented, but eas are not permissible as the terminal is planned for managing numerous accounts simply. Multiterminal doesn’t offer tech study either, but it does provide financial news and system signals in real-time, accompanied by numerous execution models intended to meet the necessities of those who essential to manage numerous accounts.
Mac MT4
This is a mac friendly version of the extremely popular metatrader4 platform. This version of the platform comprises all of the functionality and features defined above, but permits traders to usage the platform on apple computers without the essential to run a parallel windows emulator or windows desktop.
XM.Com MAM
As revealed previous, it look like to be the “one broker for all” as they offer a huge number of explanations. If you are an account or portfolio manager, or you are attentive in managing numerous accounts with the comprehensive features of metatrader4, this is the platform for you. Unlike MT4 multiterminal, XM MAM permits automated trading with eas and offer the technical analysis and charts you’d expect from metatrader4. There is so much more to this platform as it even permits numerous account pockets to manage numerous MT4 trading accounts through one main account. If this sounds right to your necessities, we endorse you speak with the support team to completely understand the functionality and features available here.
Webtrader
This is online trading platform. It is well-matched with mac, PC and any other apparatus accomplished of running a browser. No download is essential. Just open the platform from XM.Com in your browser and increase complete access to your trading accounts instantly. Traders can take benefit of a number of tools to increase their trading skills and trade with no rejections and no requotes. Like the metatrader4 platform, the webtrader 4 platform offers one-click trading, market analysis, an economic calendar and streaming news. It’s influential, capable and flexible. It comes extremely optional.
Ipad trader
XM brings MT4 to all ipad users by their ipad trader platform. It offers admittance to your metatrader4 account and presents actual interactive charts with scroll and zoom functionality. It also delivers real-time estimates of financial instruments, a complete set of trading tools and a comprehensive trading history, confirming that traders can examine their progress precisely. Unlike certain apps, this is far from an extra and really does provide an imaginary remote trading knowledge.
Iphone trader (IOS), mobile trader (windows mobile), droid trader (android) – mobile operators are not left imperfect as XM provide a mobile solution for all main smartphones. Their mobile platforms provide exceptional trading suppleness by bringing you a mounted down version of MT4 to your fingertips. They all provide direct access to your account and offer actual quotes of financial tools. The platforms also offer a complete set of trade orders comprising pending orders, 30 technical indicators, trade history, and the aptitude to trade straight from charts.
Review
Introduction
XM was first started back in 2009 in london and now they have an offering of more than 400 different instruments.
This includes over 350 cfds, as well as 57 currency pairs and 5 cryptocurrency cfds. XM is regulated by the FCA in the united kingdom and they have european passports with the mifid, as well as being regulated by the cysec in cyprus, as well as being regulated in australia as an ASIC entity.
They offer more than 30 language options for their users and they cater for any and all levels of trader. One of the recent awards they have received is being named as the best FX broker in europe in 2018 by the world finance magazine.
- Over 30 supported languages
- Numerous esteemed awards
- Regulated by well-respected authorities
Trading conditions
XM offer three different types of account for their users. The micro account is best suited to beginners, with the standard account being ideal for flexible traders. The XM zero account generally is best suited for regular traders or those who place significant trades.
Depending on the specific instrument, for each of the account types you will be dealing with leverage ranging from 1:1 up to 30:1. While there are seven base currency options available with micro and standard accounts, you can only deal with USD and EUR when you have a XM zero account.
You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission. Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
The commission is $5 per side, so you are looking at competitive pricing as a whole.
XM always have a range of promotions they are running at any given time. They have a 100% deposit bonus up to $5,000, they have free VPS services and there are no fees on both deposits and withdrawals.
- Wide ranging promotions
- Commission free account options
- 3 different account types
Products
In total, there are 356 different cfds offered by XM, with five of these being cryptocurrency cfds. There are 57 currency pairs on offer and they don’t offer any ETF products.
- 356 CFD options
- No ETF products
- 57 currency pairs
Regulation
Having been around since 2009, XM are regulated by a number of trusted authorities. They are authorised in the european union, as well as being regulated by the FCA in the united kingdom. They have the necessary approval from the cysec in cyprus as well as being a ASIC regulated entity in australia.
Platforms
The only platform that is offered by XM is metatrader, which is an industry standard trading platform. They offer both metatrader 4 and metatrader 5 and they have tweaked them slightly to suit the specific needs of their users.
You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise.
- Metatrader is the only trading platform available
- 51 trading indicators
Mobile trading
As a result of being a metatrader only platform, you will able to utilise the platforms on ios and android devices, whether it is through the MT4 or mt5 apps which can be downloaded straight away from either the app store or the android play store.
There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.
Pricing
With XM the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them. There are three different account types in total. You have two accounts which are free from commissions – standard and micro accounts, while the XM zero account is based on commission.
Looking at the XM zero account, the average spread for EUR/USD is 0.1 pips excluding the commission. For the same pair on the other two accounts, the average spread for this currency pair is 1.7 pips.
The commission is $5 per side, so you are looking at competitive pricing as a whole.
Lower overall spreads can be achieved by XM as they are the sole dealer in every single trade.
- Competitive spreads thanks to XM being the sole dealer
- Varying commissions and fee levels depending on account type
Deposits & withdrawals
With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the XM zero account type.
All of the usual forms of deposit and withdrawal are available with XM, such as neteller moneybookers, debit and credit cards and skrill. Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though.
When it comes to withdrawing from XM, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place.
- Variety of banking options
- Quick processing times
Customer support
More than 14 languages are catered for through the customer support service at XM. You can reach them no matter what time of day it may be through their live chat feature.
You can also give them a call or send them an email, with the team working on weekdays only.
- 14 languages catered for
- 24/5 customer support
Research & education
There is a library of free educational materials for XM users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.
Noteworthy points
As a whole XM is a trusted broker that has a solid and unspectacular offering for their users. They look after the needs of their clients through quality customer support and they have regular promotions such as a free VPS service.
As they are completely reliant on metatrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there.
Catering for 30 languages and having received numerous awards in recent years, including being named as the best FX broker in europe in 2018 by the world finance magazine, they hold a reputable place in the sector.
- 30 languages catered for
- Free VPS service
- Best broker in europe 2018 – world finance magazine
Conclusion
XM is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
As they are reliant on metatrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000.
They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be.
If you are looking for a platform that is easy and straightforward to use and that looks after their users, XM could be the right option for you.
Comparison
Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.
So, let's see, what was the most valuable thing of this article: XM group (XM) is a group of regulated online brokers. Trading point of financial instruments ltd was established in 2009 and it is regulated by the cyprus securities and exchange commission (cysec 120/10), trading point of financial instruments pty ltd was established in 2015 and it is regulated by... At xm cyprus
Contents of the article
- Real forex bonuses
- XM – forex broker rating and review 2021
- XM trading information
- XM — latest reviews and comments 2021
- XM rating
- XM reviews rating
- Xm cyprus
- Featured site
- XM forex trading platforms
- XM MT4 download
- XM.Com MAM
- Webtrader
- XM – forex broker rating and review 2021
- XM trading information
- XM — latest reviews and comments 2021
- XM rating
- XM reviews rating
- XM review and tutorial 2021
- Company details
- XM trading platform
- Assets / markets
- Spreads & commission
- Leverage
- XM mobile apps
- Payment methods
- Demo account
- Bonus deals and promotions
- Regulation and licensing
- Additional features
- XM account types
- Benefits
- Drawbacks
- Trading hours
- Contact details / customer support
- Safety and security
- Overall verdict
- Accepted countries
- Xm cyprus
- Get more than a partner account at XM partners
- XM review
- Trading point of financial instruments
- Broker details
- Live discussion
- XM.Com profile provided by chris zacharia, mar...
- Video
- Traders reviews
- Super legit platform
- Deposit easy, but its difficult to withdraw
- Xm cyprus
- Featured site
- XM forex trading platforms
- XM MT4 download
- XM.Com MAM
- Webtrader
- Review
- Introduction
- Trading conditions
- Products
- Regulation
- Platforms
- Mobile trading
- Pricing
- Deposits & withdrawals
- Customer support
- Research & education
- Noteworthy points
- Conclusion
- Comparison
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