Why XM?
XM sets high standards to its services because quality is just as decisive for us as for our clients. We believe that versatile financial services require versatility in thinking and a unified policy of business principles. Our mission is to keep pace with global market demands and approach our clients’ investment goals with an open mind.
XM Overview
Founded
2010
Phone
+44 2031501500
Email
support@xm.com
Website
Leverage
Up to 1:400
Broker Type
Market Maker
Regulated By
CySEC, FCA (FSA, UK)
Headquarter
12 Richard & Verengaria Street, 3rd Floor 3042 Limassol, Cyprus
US Clients
No
Binary Trading
No
Spread
1 Pips
Min Deposit
5 USD
Spread Type
Variable
Commission
Yes
Islamic Accounts
Yes
ECN Accounts
Yes
Demo Trading
Yes
Metals Trading
Yes
Oil Trading
Yes
Trading Instruments
Currencies, CFDs, Stock, Indices, Etfs
Trading Platforms
Meta Trader 4, Meta Trader 5, MT4 Multiterminal
Mobile Trading
Yes
Web Trading
Yes
No Deposit Bonus
N/A
Deposit Bonus
Other Bonuses
Comments & Reviews
Dear Traders! Please write in proper English and avoid abusive language. Comments not meeting criteria may not be published.
Elci O.
1 day ago
For me, this one allows me to execute macro-driven strategies. I hedge my spot BTC positions here, against gold, and trade volatile positions against eur/usd and usd/jpy pairs. The CFDs for everything, in one place. I even think they will release SpaceX IPO here one of the first ones, no doubt about that.
Danez Riley
1 day ago
Using their web-based xm trading app since they upgraded it with tradingview charts. For manual trading and sharing it’s simple and flawless.
Vitor Melo Sousa
5 days ago
Spreads can be lower than 1 if you have the ultra low. you could have put more information about the broker. im taking 1 point off for lack of info here.
N. Darawan
1 week ago
The ultra low account fees are tight and helps to make the most out of the intraday trading. And also their strict no-requotes execution policy keeps contract pricing stable on major pairs.
Lemuel Siburian
2 weeks ago
trading on mobile app is quite convenient tbh which i didn't expect at all, hought it's for just monitoring but no - I see charts load fast and modifying stop loss levels on open orders takes sec.
Jaycob N.
3 weeks ago
xm - it is my main BROKER FOR TRADING...i dont want to sound too complimentary, but if the conditions are realyl good, the feedback is constant, the platform is smooth...what shall I do? Cry? :D...
on ultra-low account - worth checking for scalpers...
however, one thing bothers me a bit - high depo limit for shares account, pls make it lower
Douglas
1 month ago
xm for me if not the best broker, but for sure among the top ones...
with their shares accoutn I think it is already kinda hybrid, not just pure CFD trading anymore, can invest in real stocks now and collect dividends
Ngan Tiah Keu
1 month ago
To me the xm broker is fairly neutral overall. I mean the trading conditions look acceptable and oil/gas charting worked well enough during normal market sessions.
Dallin Bogan
1 month ago
the xm broker's mt4 platform is most comfortable for doing eurusd and usdjpy trades, withdrawals cause no issues
Senal Kaya
1 month ago
mt5 platfrom FAST and easy, overall solid broker and good conditions
Omar Shadid
1 month ago
I've had fun. I think they're pretty good overall. Agreeing with others here. Nothing to add.
Talal N
1 month ago
since 2010 is not bad, reputation is strong. people believe because so much experience
Jeyden C.
1 month ago
The xm mobile app feels buttery smooth, no lagging charts, even when I have ten pairs open with a bunch of indicators. I like how everything loads fast. This helps me react faster during open and close market sessions. By the way, it would be lovely to have a cTrader app in the future. You already have MT5, MT4, proprietary app, web-based platform, and having the last cTrader is needed for a full complete.
Sakwati
2 months ago
intel stock given me so many opportunity this year, spreads by xm a litte wide - but conditions ok
Tep Kukrit
3 months ago
up to $200 it's 100% bonus that's a lot. and it's for any customer on standard acc and I apprecaite it.
for $10k up to it's just 20% - its a bit low. maybe do like 50%
Gabriel Balestero
3 months ago
Leverage is up to 1:1000 btw, idk where s 400 coming from - overall nice broker
Xia Jia Kui
3 months ago
traded corn last year (followed some trade dynamics in latin america) - was a more or less proftable year, and this year i'm focusing on wheat, feeling smth gonna shift signifiantly with fertilizers prices if things with iran change drastically (due to oil's impact on russia's agriculture). So far xm's platform has been reliable for my corn charts, so wanna see the dynamics with wheat. Good broker
Simon Gersang
3 months ago
solid broker with good conditions. On ultra low account spreads are ok, but on standard not so tight.
Also, nice TV charts
T. Andrade
4 months ago
everything changed but the accounts its seems like, theres not much balance between ultra low and astandard so i am advocating for them to change up the accounts a bit, or add one more to make it better for people. shares account is sinteresting but i dont have much capital to open it for now. sticking with standard because ultra low cant be in the promos they make all year
Bartley Salgado
6 months ago
I think I have come with up good eur/usd strategy...and thanks to the low speads from ultra low account here, I get quite good results.
No slippage, no requotes - that makes my trading even better
However, one thing to imprive is to lower min depo for shares account, otherwise the barrie is somewhat high
Deng T
6 months ago
Say whatever about these guys - like late withdrawals, waiting for deposit to land on the account, lazy support managers, but i didn't experience drama shows with them. Both demo and real. Both fx majors/minors - all is goind fine, i'm satisfied. Did it by my friend's recommednation - gotta thak hime after i'll nake a sizable profit btw
imho - you have to stay with a broker like for decent amount of time like i've been doing - about half a year already - and only then you can complain abou the stuff like i mentioned before...only then
Cao Hai
6 months ago
Thematic indices and turbo stocks are two new assets I discovered only at xm.
Kerem
6 months ago
Been rollin’ with XM for a bit now and it’s been pretty chill so far. Platform didn’t let me down and no drama with deposits or withdrawing which is a win. Feels like spreads they nibble at my profits. Still for starters XM’s a fine choise. I’d rate it 4star easy
ErickPinto
6 months ago
They impressed everyone after the recent update, adding new method options, updating the platform, and making the user interface smoother. No questions, as long as they keep updating the services.
Luis A
7 months ago
Idk if this is even any kind of evulation, so you guys just put some info in the table.. XM is a decent broker.
Ben Oberbrunner
7 months ago
In a month withdrew my profits 3 times. Haven’t faced delays. Normal usual transaction like in banks
Bunaidi
7 months ago
Something to include is their recent update, expanding the number of available platforms. They made their own based on the tradingview interface making charting more convenient. No I do analysis there
Mehmet Kaplan
7 months ago
its good if youre into stocks, or like to trade EAs, or like to scalp. For me, leverage 20x for US and UK stocks is the best part, quite high.
Yago Galindo
7 months ago
I have some edge because I'm backtesting my strategies, and this one is good with EAs, I even got a vps for free earlier this year. I think its good if you like programming bots, like me.
Noomyalay
7 months ago
Just chill trading experience, mt5 with standard account and I even doubled the depo on recent June gig. Bonus helps to trade move freely to me.
Riyadh Essam Najjar
8 months ago
XM is the broker that can be described only with positive words.
Only one thing to improve, in my view, is to have even lower swaps
Abdul Wee
8 months ago
When I registered an account here, I remember how easy it was to open it, there were no any diificulties, no extra paper work, the whole process was simple. I thank customer support for the guidance they provided me. Some things I did not understand, so I had to ask them questions, and they were very quick to respond. Very good service, top quality.
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8 months ago
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Yogun Sen
8 months ago
The spreads with gold are okayish, but they could do a better job with it. The average spread during the day is a bit more than 1.5, which is not the best, but not bad too, somewhere in the middle. The commissions are zero dollars per lot, so I’m not paying for them, and either for swaps, the ultra low account is free of them. All in all, fees are their powerful tool comparing to others.
Davi Barbosa
8 months ago
just here to say that withdrawals work on weekends, just take longer sometimes depending on the bank. I used one bank and it got to my account on sunday but the other bank only delivered on monday so you have to google if your bank works on off days I guess
Purshottama Dhebar
9 months ago
I find the ultra low account work nice for my trading style… spread stay tight and no hidden or extra fees. trading JPY pairs here is very beneficial, since you can keep trading running for days when you catch a good trend, and we all know they trend the best :) only drawback, i would use that generous deposit bonus but it’s only included for the standard acc which terms i did’t like
Aida Barirah Nazari
9 months ago
Always some kind of loyalty or bonus or promotion program is going on here :-))
Nahum Selangit
9 months ago
Good broker I like it, but I am giving 4 stars to this review, because it's not so informative.
Kasib Bakri Amari
9 months ago
Trading with XM for eight months now, satisfied with the overall. The spreads are okay, have seen better, but definitely not bad. But where they really win is in execution speed - still have no requotes even at NFP which is... maybe a bit strange. Their MT5 is working perfectly, no bugs or anything.
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1 year ago
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5 years ago
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6 years ago
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Quick Actions
Visit XM All BrokersMin Deposit5 USD
Spread1 Pips
LeverageUp to 1:400
Broker TypeMarket Maker
RegulationCySEC, FCA (FSA, UK)