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XM.com Reviews and User Ratings

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  • Overview
  • Information
  • Video
  • Specification
  • Review score

XM.com Special Bonus


Special Deposit Bonus

Up to $5000 deposit bonus!

$30 no deposit bonus

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XM.com General Information


Broker Name
XM.com
Established
2009
Country
Cyprus
Min Deposit
$5
Max Leverage
1:888
Regulation
ASIC, FCA, CySEC, FSC, BaFIN, ACP, CONSOB, AFM, CNMV, FI, KNF
Email
support@xm.com
Telephone
+357 25029933
Fax
+357 25345225
Website Language
Chinese, French, Russian, Malay, Arabic, German, Italian, Japanese, Korean, Polish, Dutch, Portuguese, Turkish, Indonesian, Thai, Vietnamese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Bank Transfer, Qiwi, Skrill, Neteller, FasaPay, China Union Pay, Maestro
Withdraw Options
Credit Cards, Debit Cards, Bank Transfer, Qiwi, Skrill, Neteller, FasaPay, China Union Pay, Maestro

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Description


XM.com Background

XM is basically the registered trade name of ‘Trading Point of Financial Instruments Ltd.’ and was established back in the year 2009 in Limassol, Cyprus. This international forex broker is registered at the FCA (UK), CySEC-regulated and was established by a group of interbank dealers who held an interest in improving the services presented to the Forex traders worldwide. Ever since its establishment, XM has continually gained an immaculate reputation for its outstanding trading conditions, business transparency, and praiseworthy customer support. Not only does it assist traders interested in trading forex, it also offers a variety of features for those wishing to trade precious metals, energies, CFDs, and stock indices.

Features of XM.com

  • XM offers a no-requotes, no hidden fee, and no commission policy
  • Unique leverage going up to 888:1
  • Allows traders to start trading with minimum deposit of just $5
  • Users can register their accounts using any of 18 different languages that the broker supports
  • Fractional pip pricing
  • Flexible conditions placed on the usage of multiple trading accounts
  • Traders can use their account to access eight trading platforms
  • Quick deposits and same day withdrawals offered
  • Traders receive a 30% bonus over their deposits
  • Extensive customer supports through email, phone, and live chat

The website of this forex broker is a tad bit overwhelming at first glance. However, the good thing about it is that all the most necessary buttons and links are made available right at the homepage. From opening demo/real accounts, to information pertaining to forex signals and even other informative articles, it is all easily accessible. The one thing for sure is that first-time visitors will not have any trouble in making their way through the site.

Conclusion

To sum it up, XM is one of the most reliable forex brokers at the moment and presents countless benefits that its users can benefit from. Along with forex, it helps traders trade precious metals, commodities, energies and stock indices, etc. and has gained an immaculate reputation with time.

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Video


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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


PROS:
  • The broker offers outstanding customer services on a 24/5 basis by means of phone, live chat and email.
  • Most importantly, to cater to a global market, customer support is offered in several languages including Arabic, Russian, Japanese, Greek, Swedish and Turkish, etc.
  • There are several distinct advantages that XM has to offer to all of its users. These are inclusive of strict no re-quotes, deposit bonus of around 5000 USD, easy fund withdrawals, and 100% execution.
CONS:
  • There aren’t many downsides to XM, with just one being that it does not support PayPal as a funding option.
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Account Type


  • Minimum Account Size: $5
  • Spread: Medium/ Variable
  • Trading Instruments: Forex, Indices, Metals, CFDs, Energies
  • Trading Platforms: MT4, MT5, Web Trader ,Mobile Trading, XM Droid, XM MAM
  • Margin Call Level: 50%
  • Stop-Out Level: 20%
  • Contract size(lot)=1000

  • Minimum Account Size: $5
  • Spread: Medium/ Variable
  • Trading Instruments: Forex, Indices, Metals, CFDs, Energies
  • Trading Platforms: MT4, MT5, Web Trader ,Mobile Trading, XM Droid, XM MAM
  • Margin Call Level: 50%
  • Stop-Out Level: 20%
  • Contract size(lot)=100000

  • Minimum Account Size: $100000
  • Spread: Medium/ Variable
  • Trading Instruments: Forex, Indices, Metals, CFDs, Energies
  • Trading Platforms: MT4, MT5, Web Trader ,Mobile Trading, XM Droid, XM MAM
  • Margin Call Level: 50%
  • Stop-Out Level: 20%

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XM.com Review Score


XM.com Reviews and User Ratings
7.5 Total Score
5 reviews
Add your review
Web Design
7.4
Reliability
7.4
Platform
7.4
Customer Support
7.8
Withdrawal
7.8
Broker Name
XM.com
Established
2009
Country
Cyprus
Min Deposit
$5
Max Leverage
1:888
Regulation
ASIC, FCA, CySEC, FSC, BaFIN, ACP, CONSOB, AFM, CNMV, FI, KNF
Email
support@xm.com
Telephone
+357 25029933
Fax
+357 25345225
Website Language
Chinese, French, Russian, Malay, Arabic, German, Italian, Japanese, Korean, Polish, Dutch, Portuguese, Turkish, Indonesian, Thai, Vietnamese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Bank Transfer, Qiwi, Skrill, Neteller, FasaPay, China Union Pay, Maestro
Withdraw Options
Credit Cards, Debit Cards, Bank Transfer, Qiwi, Skrill, Neteller, FasaPay, China Union Pay, Maestro
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
XM.com Reviews and User Ratings
7.5 Total Score
5 reviews
Add your review
Web Design
7.4
Reliability
7.4
Platform
7.4
Customer Support
7.8
Withdrawal
7.8

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5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    OursIsTheFury
    June 15, 2016 at 11:06 am
    3
    Web Design
    50
    Reliability
    60
    Platform
    60
    Customer Support
    70
    Withdrawal
    60

    I initially had a very good opinion of XM markets, however after a recent incident, I’m not really sure anymore. Lately I’ve been having issues with their charts as the figures on their charts vary greatly from the values in open trade which can be dangerous. However, as long as I continue to use charts from independent providers I should be fine, but they should really fix it.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Barry Manchester
    February 22, 2016 at 11:39 am
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    One of the things I always look for in an online broker is whether they are overseen by regulating bodies and of all the brokers that I have tried XM were the most regulated. Oversight from CySEC, FSP, and ASIC ensures that all the actions of the broker are regulated these bodies and just ensures me that my account is secure.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    BuckyTheBrokerSlayer
    September 26, 2015 at 9:49 am
    4.8
    Web Design
    100
    Reliability
    90
    Platform
    100
    Customer Support
    90
    Withdrawal
    100

    XM MT4 Terminal, XM Web Trader, XM iPhone Trader, XM iPad Trader, XM Droid Trader, these are all the trading platforms available for all account holders in XM. The sheer number of trading platforms just ensures that I am always connected to my account, thus allowing me to keep track of the market at all times.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    ReleaseTheKraken99
    March 8, 2015 at 1:55 pm
    1.1
    Web Design
    20
    Reliability
    20
    Platform
    10
    Customer Support
    30
    Withdrawal
    30

    XM Trader is full of shit, their charts are horrible, I get massive slippage during new events and the executions of trades on their platforms are just horrifyingly slow. By the time my trades are carried out, I’d have bought in to a losing deal already. XM is an abomination of a broker.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    TheCameraMan03
    September 20, 2014 at 9:00 am
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    I am a big, big fan of very high leverage and the fact that XM’s offer has that in their banner ads just made me jump at their offer immediately. I have made great trades with the right leverage and thanks to XM I have made a number of great trades in the past year.

    Helpful(0) Unhelpful(0)You have already voted this

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