|Low minimum deposit||Difficult to contact tech support|
XM Group is a broker that meets the highest regulatory standards. Its activities are regulated by Cyprus and Australian organizations. The XM family also includes XM Global, a brand owned and operated by XM Global Limited, an established authority established in 2017, licensed and regulated by the Belize International Financial Services Committee.
XM Group strives to offer its services to a wide global customer base, setting high standards and supporting the following core values: business transparency, unified business principles, outstanding communications with customers.
From the very first moment of registering with XM during trading operations, customers can take advantage of trading with a leading forex broker.
Also, some products and multiplier levels may not be available to traders from EEA countries due to legal restrictions. The 1:30 leverage offered by XM is unique in the industry. Over 60 currency pairs and more than 100 financial instruments can be sold both online and over the phone on eight modern trading platforms. In addition, there are no upper limits on deposits.
The account is replenished automatically by 100% and processed 24/7, and the withdrawal of funds on the same day is guaranteed. Customers can choose from various modern payment methods with a wide geographical coverage: bank cards (VISA, VISA Electron, MasterCard, Switch, Solo), bank transfer, Neteller, Moneybookers Skrill, etc. D. The recently introduced option of local bank transfer allows investors to replenish their accounts through their local banks (in 58 countries) and in local currency. There are no hidden fees or transfer fees, and all transfer fees are covered by XM.
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). XM Global Limited was established in 2017 with headquarters in Belize and it is regulated by International Financial Services Commission (IFSC/60/354/TS/19).
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.
About XM Group
XM Group is a group of regulated online brokers. Financial Instruments Ltd was established in 2009 with headquarters in Limassol, Cyprus and is regulated by CySEC with a license of 120/10 (Cyprus Securities and Exchange Commission). Financial Instruments Pty Ltd was established in 2015 with headquartered in Sydney and is regulated by ASIC with license No. 443670 (Australian Securities and Investments Commission), Australia and XM Global Limited was established in 2017 with headquarters in Belize and it is regulated by International Financial Services Commission (IFSC/60/354/TS/19).
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 – this leverage applies to the EU regulated entity of the Group. Leverage depends on the financial instruments traded.
- 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 for new clients only. *Clients registered under the EU regulated entity of the Group are not eligible for the bonus.
- Free UNIQUE MT4 video tutorials.
- Free weekly interactive online webinars.
- Metaquotes XM Group Mobile Trader platform.
- Multilingual ECONOMIC CALENDAR, forex news, market analysis.
Who does XM Group appeal to?
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.
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).
- XM Ultra Low Account (allows you to trade with either micro or standard lots).
- *XM Ultra Low account is not available to all entities of the Group.
Average Spreads for currency pairs are as follows:
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.
Markets and territories
The broker has over 250 financial instruments, including Forex Trading, CDF with stocks, CDF with commodities, CDF with stock indices, CDF with precious metals and CDF Energies. The MetaTrader 4 platform not only provides advanced conditions for demo and real trading operations on PC / Mac OS, iPhone, iPad, Android for great flexibility, but also in combination with trading conditions that satisfy a very different global client base.
Instruments and spreads
XM Group is also widely known for its bonus program and regular promotions. Currently, the main incentive for customers is a 50% Deposit Bonus up to $ 500 and 20% up to $ 5,000 with all bonuses credited to customer accounts within 24 hours. The Trading Bonus does not apply to customers registered at Financial Instruments Ltd Trading Point.
XM clients on both demo and live accounts can trade on eight trading platforms that support market, limit, stop and trailing orders and are directly accessible from 1 account. This speeds up trading operations and gives traders great flexibility to trade from anywhere and anytime with ease. In XM, the award-winning MetaTrader 4 platform works with an unlimited number of demos and live accounts, and experts (EAs) are also supported.
Available software for trading: MT4 Terminal; MT5; MT4 for Mac; Web Trader; iPhone Trader iPad Trader Droid Trader Mobile Trader. XM Group has several account holders with unlimited use of charts and advisors.
The MetaTrader mobile app provides an experience similar to the high-quality desktop version. Clients can access all the services necessary to support their trading, and although there are several tools and indicators that cannot be transferred to the smaller screen, the assortment of software in the mobile package is still in the best quality. The application supports 30 technical “indicators” and 24 analytical “objects”, such as Gann and Fibonacci levels.
XM Group 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.
XM Group 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 from XM Group
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 Review 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.