What we liked about XM
With over 30% successful retails traders XM is a the top of brokers. Not many broker have a higher percentage of winning traders. Their quick execution speed is probably one of the reasons why they have more successful traders.
What we disliked about XM
Their spreads and swaps are slightly above average and their lack of crypto currencies make XM not suitable as an all around broker or suitable for heavy traders.
BrokerCheck Review of XM
XM currently offers around 1000 Trading Instruments. Currently they do not offer any crypto currency trading at all. The fees of XM are mixed – stocks are relatively cheap, remaining instruments however are average or slightly above average. For Heavytraders XM is probably not the best choice, because the fees for certain assets are slightly above average. For example the DAX with 2 points. The execution speed is above average. 99.35% of all trading orders are executed in less than a second and without requests or rejections. The available trading platforms are by Metatrader 4 and Metatrader 5 with an XM Webtrader. XM offers a wide range of learning materials and free webinars.
XM offers $30 Non-Deposit Bonus to new clients. *This Bonus is not available to clients registered under Trading Point of Financial Instruments Ltd”.
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.
Top 5 Broker
What is the ESMA? The European Securities and Markets Authority (ESMA) is an EU body aimed at protecting investors and ensuring the integrity, stability and