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Official website:https://www.xm.com/
Forex broker

XM

XM

Advantages:

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Disadvantages:

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XM.COM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus) and Trading Point of Financial Instruments Pty Ltd. (Australia). Our clients benefit from direct access to the financial markets in over 300 financial instruments including forex, equity indices, precious metals, cryptocurrencies and energies, with transparent real-time pricing, lowest spreads, and flexible leverage.

 

We value business efficiency as much as our individual and corporate clients – this is why we regard speed and fairness as crucial.

 

Open an account with XM forex broker, European Licensed Financial Institution which offers trading in Forex, CFD’s and Futures through the MT4/5 Platform and XM Webtrader and gives its customers substantial deposit bonus

 

 

Strong selling points of Trading Point of Financial Instruments Ltd 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

Micro

 

Standard

 

XM Zero

 

Base Currency Options

 

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

 

Contract size (lot)

 

1,000

 

100,000

 

100,000

 

Minimum Initial Deposit

 

USD 5

 

USD 5

 

USD 100

 

Maximum Initial deposit

 

USD 100,000

 

USD 100,000

 

USD 100,000

 

Leverage

 

Flexible: 1:1 to 1:500

 

Flexible: 1:1 to 1:200

 

Flexible: 1:1 to 1:500

 

Spread on all majors

 

As low as 1 pip

 

As low as 1 pip

 

As low as 0 pip

 

Commission

 

No

 

No

 

Yes

 

Lots restriction per ticket

 

100 lots

 

50 lots

 

50 lots

 

Hedging allowed

 

Yes

 

Yes

 

Yes

 

Islamic Account

 

Optional

 

Optional

 

Optional

 

XM broker offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, XEMarkets 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.

 

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. Currency options and tight spreads make trading with us easy and profitable.

 

FAQ - BROKER QUESTIONS XM

  • Do trader reviews affect the rating of XM?

    Any review can raise or lower the company's rating. To read the reviews, go to the forex or binary brokers rating and select the broker you are interested in.

  • How to leave a review about XM on the ita.promo website?

    To leave a review about the broker, scroll down the page, enter a valid email and your review with an overall rating. Reviews are moderated and tracked by the number of comments left from one IP or email. The site's technical support may request real documents proving that the user was or is a client of the broker. This rule applies to both negative and positive reviews. We want our portal to be honest and independent.

  • Can the broker XM be considered honest?

    Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. XM received a rating of 1 out of 5 on our resource.

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