| 🏦 Min. Deposit | $5 |
| 🛡️ Regulated By | CySEC, FSC, ASIC, DFSA |
💵 Trading Cost | Low |
| ⚖️ Max. Leverage | 1:1000 |
| 💹 Copy Trading | Yes |
| 🖥️ Platforms | MT4, MT5 |
💱 Instruments | Commodities, Cryptocurrencies, Energies, Stock CFDs, Forex, Indices, Metals |
XM BROKER SUMMMARY
WHO IS XM?
XM Fosters A Sustainable Workforce Development Through A Wide Spectrum Of Cultures And Approaches Your Needs With Openness To Cultural, National, Ethnic And Religious Diversity. Our Advanced Trading Platforms And Flexible Trading Conditions Suit A Diverse Global Clientele. Our Expertise Is Derived From Extensive Experience And In-depth Knowledge Of The Global Financial Markets. We Are Dedicated To Delivering Superior Services In Currency Trading, Along With CFDs, Equity Indices, Precious Metals, And Energies.
The Operational Philosophy We Follow Is Simple: By Ensuring Client Satisfaction, We Earn Their Loyalty. Our Reputation Is Linked To Our Credibility, Both Of Which Stem From Our Ability To Service Our Clients In The Way That They Expect And Deserve. By Monitoring Industry Trends And Keeping Up To Date With The Latest Technologies, We Remain Ready To Adapt To The Needs Of Our Clients As They Become More Sophisticated And More Demanding. We Have Never Made Any Compromises In Factors That Can Affect Client Performance, Which Is Why We Offer Tight Spreads And The Best Execution.
XM ADVANTAGES & DISADVANTAGES
| Advantages |
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▶ Metatrader Trading Platform Will Full Feature Access Is Offered |
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▶ Low Stock CFDs And Withdrawal Fees |
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▶ Free Deposits And Withdrawals |
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▶ No Commission Is Charged With These Account Types |
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▶ The Spread Does Not Increase And There Is No Swap Replacement Fee |
| Disadvantages |
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▶ No Social Or Copy Trading Feature Are Offered |
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▶ Access To Some Features May Not Be Mobile Compatible |
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▶ Average Forex And Stock Index CFD Fees |
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▶ Wide Spreads On Its Entry-Level Accounts
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▶ No Investor Protection For Non-EU Clients |
XM BROKER ACCOUNT TYPES
XM Provides Four Different Account Types. Each With Comprehensive Features With The Purpose Of Catering For Individual Traders Despite Their Trading And Financial Objectives, These Include:
- Micro Account
- Standard Account
- XM Ultra-Low Account, and
- Shares Account
The individual features of each account can be viewed as follows:
Micro Account
Micro Account is a forex web trading account that allows you to trade in currencies, bonds and commodities. Contract size where 1 lot = 1,000. Spreads from as low as 1 pip. The minimum trade volume of 0.01 lots when using MT4 and 0.1 lots when using MT5, and Lot restriction of 100 lots per ticket.
Standard Account
Standard Account Is Set Up For Beginner To Intermediate Traders Who Use Metatrader 4 (Mt4) Platform To Trade Forex. It Provides Full Trading Freedom, Allows Convenient And Swift Market Movements, And Provides Competitive Spreads From As Low As 1 Pip.
Ultra-Low Account
XM Ultra-low Account Is A Multi-base Currency Account That Provides A Number Of Benefits To Traders Including Ultra-low Spreads, Reduced Commission Charges And Enhanced Algorithmic Trading Tools. It’s A Powerful Tool That Can Be Used To Trade In All Major Financial Markets. The Account Comes With Ultra-low Cost Execution Services That Ensure Trade Executions Are Done At An Extremely Low Cost With Minimum Slippages And Fast Execution Times.
Shares Account
The Shares Account Is The Most Popular Account As It Offers You An Entry Point Into A Wide Range Of Underlying Markets. You Can Trade Indices, Stocks, And Cryptocurrency In This Account And Accepts Deposits In Multiple Currencies. The Minimum Deposit On This Account Is $10,000, With A Maximum Of $5 Million.
XM’S DEPOSITS AND WITHDRAWALS
XM Offers Deposit And Withdrawal Methods For Traders That Include Credit Cards, Debit Cards, Neteller, Skrill, Unionpay, Web Money, And Bank Wire. XM Withdrawal Options For Xm Partners Include Skrill And Neteller. The Minimum Deposit For An Xm Account Is $5 For Micro And Standard Forex Trading Accounts, and $50 For Ultra Low Trading Accounts, While Shares Accounts, Require A Minimum Deposit Of $10 000. The Minimum Value Of A Withdrawal From An XM Account Is $5 On Micro And Standard Forex Trading Accounts; $50 On Ultra Low Trading Accounts And Shares Accounts Need To Process Withdrawals Worth $10 000 Only.
XM Trading Platforms
XM Trading Platforms Are Designed To Give Traders The Ability To Trade On A Single Platform With The Same Account, Watch Multiple Live Chart Windows Simultaneously And Share Their Screen With Other Traders Through A VPS. There Are 11 Forex Platforms Available For You To Choose From For Windows, Mac, iPhone, And Ipad Devices.
XM CUSTOMER SUPPORT
XM Is An Online Trading Platform That Offers All The Services That Traders Want And Need. The XM Customer Support Team Can Be Reached Via Email, Live Chat Or By Telephone. They Are Available 24/5 And Provide Prompt Service, Accurate Answers To Your Questions, And Detailed Explanations Of How Xm Works
CONTACT XM
| Registration address | Suite 404, The Matalon, Coney Drive, Belize City, Belize |
| Official site | https://www.xm.com |
| Contacts | Email: support@xm.com, Phone: +357 25029933 (CY), +612 8607 8385 (AU) and +501 223-6696 (BZ) |