XM Experience & User Reviews

About XM
XM – Since its founding in 2009, the XM Group has developed into an international market leader in the industry with over 1,500,000 customers. XM is headquartered in London and currently employs more than 300 people for 30 languages.
4.1/510 ratings


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BrokerCheck XM Review

Successful Traders 27%

Trading Cost


Order & Support Speed


Available Products




What we liked about XM

XM currently offers 5 cryptocurrencies and has more than 1000 available trading assets. With over 30% successful retails traders XM is a the top of brokers. Not many broker have a higher percentage of winning traders.


5 Cryptocurrencies

More than 1000 available trading assets

Over 30% successful Traders

Free Demo Account

What we disliked about XM

XM currently lacks learning material compared to other brokers. Their spreads and swaps are slightly above average and could use a lowering.


Slightly above average spreads

Lack of learning material

No Futures available

No US Traders allowed

BrokerCheck Review of XM

XM currently offers around 1000 Trading Instruments. These currently include 5 crypto currency pairs. XM’s biggest plus points are the regular and spontaneous bonus promotions. As a beginner you get the possibility to get an additional credit of 25$ with a 5$ deposit and for larger deposits a variable bonus up to 5000$. For Heavytraders, XM is probably not the best choice, as the fees are slightly above average for certain assets. For example, the DAX with 2 points. The trading platforms have been supplemented with Metatrader 4 and Metatrader 5 by an XM Webtrader. XM offers a rich portfolio of learning materials. Overall, we would recommend XM as an entry-level broker or for smaller accounts.


Free demo account for Trading Beginners

5 Cryptocurrencies

Max. Leverage up to 1:30

5$ Minimum Deposit for Live Accounts

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.39% of retail investor accounts lose money when trading CFDs with this Broker.