Bonus

$30 Free non-deposit Bonus up to $5,000 (t&c apply)

Min. Deposit
$5
Regulators
ASICCySECFCA
Leverage
1:30
EURUSD Spread
1.8 pips
US Clients
No
Platforms
MT4 Terminal, MT4 for Mac, Web Trader, iPhone/iPad Trader, Droid Trader, Mobile Trader, MT5
Founded
2009, 2015, 2016
Country
Cyprus, UK, Australia

XM Group Review

XM Group is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 with headquarters in Limassol, Cyprus, and it is regulated by the CySEC with license 120/10 (Cyprus Securities and Exchange Commission), Trading Point of Financial Instruments Pty Ltd was established in 2015 with headquarters in Sydney and regulated by ASIC with license number 443670 (Australian Securities and Investments Commission), Australia and Trading Point of Financial Instruments UK Ltd was established in 2016 with headquarters in London, UK and regulated by FCA with license number 705428 (Financial Conduct Authority).

The popularity of XM Group is mainly attributed to its strict no re-quotes, no rejection of orders and no hidden fees or commissions policy, along with real-time markets execution, with 99.35 of all orders executed in less than 1 second. Moreover, 24/5 multilingual Personal Account Managers ensure smooth client communications and professional support for both demo and real account holders.

The benefits of trading at XM Group speak for themselves:

  • Trading with a MINIMUM DEPOSIT OF $5.
  • MULTIPLE TRADING ACCOUNTS with flexible conditions.
  • Unlimited and free DEMO ACCOUNTS.
  • Account registration in 16 languages.
  • LEVERAGE up to 1:30.
  • TIGHT SPREADS as low as 0-1 pips on all major currency pairs.
  • Fractional pip pricing.
  • Access to 8 TRADING PLATFORMS from 1 account.
  • ACCOUNT FUNDING 100% automatic and INSTANTLY processed 24/7.
  • Acceptance of the most commonly used Local Payment methods today including Credit/Debit card, Netseller, Skrill, Bank Wire Transfer, etc. Their coverage is quite extensive and adds more flexibility on adding funds into the account.
  • XM Group’s top priority is client funds. They partner with investment grade banks and use segregated accounts to ensure security.
  • $30 non-deposit Bonus up to $5,000.
  • Free UNIQUE MT4 video tutorials.
  • Free weekly interactive online webinars.
  • Metaquotes XM Group Mobile Trader platform.
  • Multilingual ECONOMIC CALENDAR, forex news, market analysis.

XM Group Website

 

Features at XM

The broker has more than 250 financial instruments including Forex Trading, Stock CDFs, Commodities CDFs, Equity Indices CDFs, Precious Metals CDFs and Energies CDFs. Not only does the MetaTrader 4 platform provide cutting-edge conditions for both demo and real trading operations on PC/Mac OS, iPhone, iPad, Android for great flexibility, but it is also coupled with trading conditions that satisfy a greatly varied global client base.

XM Group is also widely popular for its Bonus Program and regular promotions. Currently, the main incentive for clients is the 50% Deposit Bonus up to 500 usd and 20% up to 5,000 USD  with all bonuses credited to clients’ accounts within 24 hours. Trading bonus are not eligible for clients registered under Trading point of Financial Instruments Ltd and Trading point of Financial Instruments UK Ltd.

Apart from free and unlimited demo accounts with a virtual currency of $100,000 for beginner traders, XM Group offers three real trading account types with custom-tailored conditions and base currency options for USD, EUR, GBP, CHF,‎ AUD, HUF, PLN:

  • MICRO (1 micro lot = 1,000 units of the base currency).
  • STANDARD (1 standard lot is 100,000 units of the base currency).
  • XM Group ZERO (1 standard lot is 100,000 unites of the base currency).

Average Spreads for currency pairs are as follows:

EUR/USD 1.8 Pips
GBP/USD 2.6
NZD/USD 4
USD/CAD 2.6
USD/JPY 2
USD/CHF 2.5
AUD/USD 2.5
EUR/GBP 2.5
EUR/CHF 3.1
EUR/JPY 2.7
GBP/JPY 5.4
EUR/AUD 6
EUR/CAD 7
AUD/JPY 4.8
CAD/JPY 5
CHF/JPY 6

With generally tight spreads on over 60 currency pairs and the same spreads offered for all trading account types, XM Group also provides fractional pip pricing so that clients can trade with tighter spreads and benefit from the most accurate quoting possible. XM group offers maximum leverage 1:30. Leverage applies to all the EU regulated entities of the group. Leverage depends on the financial instrument traded. Moreover, clients are guaranteed negative balance protection as well as unchanged margin overnight and at weekends. Funds transfer processing time is quick and in line with standard banking practices. Beginner traders and seasoned investors equally benefit from the same conditions in every respect: full access to the real-time financial markets, 100% execution, no rejection of orders, no re-quotes, with all transfer commissions covered by XM Group, support from Personal Account Managers 24/5. Uniquely developed free MT4 tutorials and free live webinars provide first-hand forex education for all those who want to perfect their trading skills.

Supported Platforms

XM Group clients can access as many as 8 advanced trading platforms directly from 1 account, which speeds up trading operations and gives them great flexibility to trade from anywhere and at anytime with ease. At XM Group the multi-award winning platform Metatrader 4 works with an unlimited number of demo and real accounts, and Expert Advisors (EAs) are also supported.

The available trading software is as follows: MT4 Terminal; MT5; MT4 for Mac;  iPhone Trader; iPad Trader; Droid Trader. Apart from this, the XM Group Multiterminal Trader allows multi-account management to fund/asset managers and multiple account holders with an unlimited use of charts and EAs.

Deposits and Withdrawals

XM Group’s top priority are client funds. They partner with investment grade banks and use segregated accounts to ensure security. Meanwhile, all clients benefit from Negative Balance Protection, so they are never at risk of losing more than their account balance. XM Group also accepts the most commonly used Local Payment methods today including Credit/Debit card, Neteller, Skrill, Bank Wire Transfer, etc. Their coverage is quite extensive and adds more flexibility on adding funds into the account.

Customer Support

Multilingual Personal Account Managers are at clients’ disposal via live chat, by telephone or email 24 hours on 5 business days, providing them with client support in a variety of languages and with the alertness required. Customer-friendly support helps both demo and experienced investors make the most of trading by ensuring flawless communications at all times.
Unique XM Group MT4 and MT5 videos and free live webinars help traders tap into the details of forex trading, with further online tutorials in several languages upcoming in the near future.
XM Group Tutorials, Webinars and Live Seminars.

XM Group – Conclusion

XM Group is committed to offering their services for a large global client base by setting up high standards and by maintaining the following core values: business transparency, unified business principles, outstanding customer communications. From the first moment of signing up with XM, throughout trading operations, clients can experience the benefits of trading with a leading forex broker.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.


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