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XM Review

XM provides next generation online services for trading forex, precious metals, stock indices, and energies for clients in over 200 countries. It is a CySEC regulated company that is also registered with the FCA (UK).

Since it was founded in 2009, XM has built a reputation for its commitment to business transparency and equally fair trading conditions for all clients. All XM clients trade with superior execution with strictly no requotes and no rejections.

XM provides all traders with the same outstanding services and trading conditions regardless of their invested capital. Opening a trading account takes less than 5 minutes and the online application form is available in over 18 languages.

For those not ready to make an investment or wanting to first test their trading strategies, a Demo Account with 100,000 USD in virtual currency is available without restriction or limit.When opening an account, clients are free to choose from base currency options for USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, and RUB. With tight spreads on over 60 currency pairs, the same spreads are offered on all trading account types, in addition to fractional pip pricing so that clients can trade with even tighter spreads and benefit from the most accurate pricing possible.

Account funding is 100% automatic and all deposits are processed instantly 24/7. Withdrawals are also processed on the same day via a variety of speedy yet secure payment methods. Client funds are kept in segregated accounts with top tier bank Barclays UK to provide the best possible protection and to reassure client that their funds cannot be used for other purposes.A wide variety of educational material is available for all clients, with free weekly interactive webinars, MT4 video tutorials, and periodic seminars that take place in different locations around the world. XM also offers its clients the benefit of non-stop promotions and bonuses up to 100% on deposits.

Typical Spread on Majors - Live info

EUR/USD 1.7
GBP/USD 2.3
USD/JPY 1.8
* STANDARD account shown.
Headquarters Limassol, Cyprus
Type of Broker Market Maker
Founded 2009
Regulated By Regulated By CySEC (Cyprus), ASIC (Australia), FCA (UK)
Offices In Cyprus, Greece, Hungary, Australia
Supported Languages Arabic, Chinese, English, French, German, Japanese, Polish, Russian, Greek, Malaysian, Indonesian, Hungarian, French, Spanish, Italian, Hindi, Portuguese, Czech
ESMA Regulation ? This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Currencies Swap
Short Long Type
AUDCAD -2.28 -5.07 0
AUDCHF -7.30 2.20 0
AUDJPY -18.63 6.97 0
AUDNZD -1.08 -10.68 0
AUDUSD 0.13 -3.97 0
CADCHF -9.07 3.65 0
CADJPY -22.60 9.90 0
CHFJPY -16.91 -2.81 0
EURAUD -5.77 -8.77 0
EURCAD -2.42 -9.62 0
EURCHF -12.83 1.47 0
EURDKK -70.08 -54.38 0
EURGBP 0.35 -5.35 0
EURHUF 5.08 -85.72 0
EURJPY -30.15 7.25 0
EURNOK -79.16 -110.26 0
EURNZD -0.64 -17.64 0
EURPLN -12.04 -56.04 0
EURSEK -96.40 -92.00 0
EURTRY 1311.51 -5081.49 0
EURUSD 1.13 -7.27 0
GBPAUD -12.92 -3.52 0
GBPCAD -8.25 -5.85 0
GBPCHF -18.74 5.66 0
GBPJPY -44.58 12.52 0
GBPNOK -136.58 -81.18 0
GBPNZD -8.62 -10.72 0
GBPSEK -153.50 -54.80 0
GBPUSD -2.76 -4.26 0
NZDCAD -5.73 -1.93 0
NZDCHF -9.30 3.70 0
NZDJPY -21.84 7.66 0
NZDUSD -2.61 -1.61 0
SGDJPY -8.58 -8.33 0
USDCAD -6.17 -2.37 0
USDCHF -15.02 4.78 0
USDDKK -88.35 -18.35 0
USDHKD -11.01 -1.09 0
USDHUF -9.29 -65.89 0
USDJPY -36.61 10.89 0
USDNOK -112.84 -60.24 0
USDPLN -26.47 -36.37 0
USDSEK -130.02 -41.12 0
USDSGD -17.06 -4.46 0
USDTRY 700.16 -5073.14 0
Swap Chart for EURUSD for different FX Brokers
Long Swaps
Short Swaps
Change Currency
Volume
AUDCAD 42
AUDCHF 67
AUDJPY 60
AUDNZD 29
AUDUSD 49
CADCHF 43
CADJPY 56
CHFJPY 70
EURAUD 63
EURCAD 87
EURCHF 55
EURDKK 13
EURGBP 46
EURHUF 26
EURJPY 73
EURNOK 122
EURNZD 58
EURPLN 17
EURSEK 57
EURTRY 67
EURUSD 48
GBPAUD 61
GBPCAD 95
GBPCHF 81
GBPJPY 108
GBPNOK 37
GBPNZD 79
GBPSEK 119
GBPUSD 83
NZDCAD 30
NZDCHF 55
NZDJPY 32
NZDUSD 28
SGDJPY 29
USDCAD 47
USDCHF 35
USDDKK 24
USDHKD 6
USDHUF 13
USDJPY 100
USDNOK 83
USDPLN 36
USDSEK 89
USDSGD 56
USDTRY 16
Volume Chart
Account Currencies AUD, JPY, GBP, USD, EUR, CHF, HUF, PLN, RUB, ZAR, SGD
Minimum Deposit $5
Traders from USA Allowed No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim Faith Only
ECN / STP Accounts Offered No
Commission on STP or ECN 0
VIP Accounts Offered No
Mini Accounts Offered Yes
PAMM / MAM Solutions No
API Solutions No
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards, Wire Transfer, WebMoney, Skrill, Neteller, Sofort, iDEAL, Paysafe, Qiwi, CashU, Abaqoos, Moneta, Giropay, fasapay, MoneyGram, Western Union, Przelewy24
Withdrawal Methods Credit/Debit Card, Wire Transfer, Skrill, Neteller, Qiwi, Moneta, WebMoney, fasapay
Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader iOS, Webtrader, MultiTerminal
NO of Pairs 57
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
Trading Server Time GMT + 2
Demo Account Expiry Non-Expiring
VPS Offered Yes
Free VPS Conditions Minimum Account Balance $5000 and Must trade minimum of 5 FX Lots per Month (round-turn)
Dealing Desk Yes
Maximum Leverage 888:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liquidity Providers 30+
Negative Balance Protection Yes
CFD's Yes
Metals Yes
Oil Yes
Stocks Yes
Futures Yes
Indices Yes
Short Long Type
AUDCAD -2.28 -5.07 0
AUDCHF -7.30 2.20 0
AUDJPY -18.63 6.97 0
AUDNZD -1.08 -10.68 0
AUDUSD 0.13 -3.97 0
CADCHF -9.07 3.65 0
CADJPY -22.60 9.90 0
CHFJPY -16.91 -2.81 0
EURAUD -5.77 -8.77 0
EURCAD -2.42 -9.62 0
EURCHF -12.83 1.47 0
EURDKK -70.08 -54.38 0
EURGBP 0.35 -5.35 0
EURHUF 5.08 -85.72 0
EURJPY -30.15 7.25 0
EURNOK -79.16 -110.26 0
EURNZD -0.64 -17.64 0
EURPLN -12.04 -56.04 0
EURSEK -96.40 -92.00 0
EURTRY 1311.51 -5081.49 0
EURUSD 1.13 -7.27 0
GBPAUD -12.92 -3.52 0
GBPCAD -8.25 -5.85 0
GBPCHF -18.74 5.66 0
GBPJPY -44.58 12.52 0
GBPNOK -136.58 -81.18 0
GBPNZD -8.62 -10.72 0
GBPSEK -153.50 -54.80 0
GBPUSD -2.76 -4.26 0
NZDCAD -5.73 -1.93 0
NZDCHF -9.30 3.70 0
NZDJPY -21.84 7.66 0
NZDUSD -2.61 -1.61 0
SGDJPY -8.58 -8.33 0
USDCAD -6.17 -2.37 0
USDCHF -15.02 4.78 0
USDDKK -88.35 -18.35 0
USDHKD -11.01 -1.09 0
USDHUF -9.29 -65.89 0
USDJPY -36.61 10.89 0
USDNOK -112.84 -60.24 0
USDPLN -26.47 -36.37 0
USDSEK -130.02 -41.12 0
USDSGD -17.06 -4.46 0
USDTRY 700.16 -5073.14 0
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XM Reviews

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Eduardo Murillo Country: Bolivia Jan 19, 2019

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