XM

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 in Cyprus, Belize, Australia and currently employs more than 300 people for 30 languages.
4.1/510 ratings

XM USER RATING

Are you actively trading at this Broker or did you stop trading there?
Give us your overall rating of the Broker and help us and others to decide which broker to choose.

  • Risk Disclaimer

BrokerCheck XM Review

Successful Traders 27%

Trading Cost

3.6/5

Order & Support Speed

4.0/5

Available Products

4.2/5

Usability

3.9/5

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.

Pros

Quick order Execution

More than 1000 available trading assets

Over 30% successful Traders

Free Demo Account

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.

CONS

Slightly above average spreads

No Cryptocurrencies

No Social Trading available

No US Traders allowed

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”.

Highlight's

Free demo account for Trading Beginners

No 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.

Top 5 Broker

NEWEST POSTS

HOW TO BECOME A PROFESSIONAL TRADER
trading

How to become a Professional Trader

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