XM Review

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XM Forex Broker Review and analysis Online trading on the Forex market has made it possible for numerous web sites to gain audience in a flash of second. Though, the… more

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Broker XM
Website URL www.xm.com
Founded 2009
Headquarters Cyprus
Support Number 00357 25029900
Support Types Multi Lingual, 24/5
Languages Multi Lingual
Trading Platform XEM MT4 Terminal, XEM Web Trader, XEM iPhone Trader, XEM iPad Trader, XEM Droid Trader, XEM Mobile Trader, MIRROR TRADER
Minimum 1st Deposit $0 - $100
Minimum Account Size 0.01 lot
Bonus 30% Bonus up to $10,000
Leverage 1:100
Spread Varialble spread, from 1 pip
Free Demo Account No
Regulated Yes
Regulation FSA,BaFin, CNMV, AFM, FI
Commissions Yes
Account Types XM Micro Account: minimum lot: $1k (micro lot) minimum deposit: $5 maximum leverage: 1:888, XM Standard Account: minimum lot: $100,000 minimum deposit: $5 maximum leverage: 1:888, XM Executive Account: minimum lot: $100,000 minimum deposit: $100,000 maximum leverage: 1:100
Deposit Methods Credit Card, Neteller, Moneybookers Skrill, Liberty Reserve, Wire Transfer, Western Union, MoneyGram, WebMoney, China UnionPay, SOFORT, iDEAL
Withdrawal Methods Credit Card, Neteller, Moneybookers Skrill, Liberty Reserve, Wire Transfer, Western Union, MoneyGram, WebMoney, China UnionPay, SOFORT, iDEAL
US Traders Allowed No
Overall Score 4.7


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XM Forex Broker Review and analysis

Online trading on the Forex market has made it possible for numerous web sites to gain audience in a flash of second. Though, the traders, on the other side, find, sometimes, difficulties in making difference between the good and the bad online Forex platform. Of course, reading a short review is always a good start to test a particular Forex web site. It will at least give you the main guides to determine whether to try it, or no. See our exclusive review now for the XM Forex web page.

Introduction and general information

Determined as a next-generation Forex broker, XM is highly recommended for both traders – freshmen and high punters. The online trading platform has been on the market since 2009. Up to now XM has gained its reputation as an easy to be used broker web site, where possibilities for trading are numerous. The XM platform is based and registered in UK, its main offices for customer support are situated in Cyprus, but it has a large reputation among the entire European continent. Excellent trading conditions, outstanding client support and transparency for all the major activities are guaranteed. Meanwhile, as most famous and preferred Forex brokers, XM offers online trading for all of the following: commodity, precious metals, stocks and energies. Furthermore, the orders are executed extremely fast – in less than a second. The 888:1 leverage is the other strong point that XM can boast with, while all the 100 available financial instruments give lots of potentials of trading winnings. There are also no upper limits to deposit. The available currencies you can trade with are the main ones USD, EUR, GBP, JPY, CHF and AUD. The main payment/deposit methods are also available on the XM Forex online platform. You will find iDeal, credit cards, MoneyGram, Western Uniion, China UnionPay, Neteller, Moneybookers Skrill and many others among them.

XM Bonus System and Types

XM can also boast with a very welcoming and pleasant bonus system. The main welcoming bonus that is super attractive for people, who both – begin trading in XM and begin trading at all for a first time. The thing that makes XM so awesome, though, is that the Welcome bonus here is 100%. This means that if your initial deposit is 100 USD, your primary amount of money to trade with will be 200 USD in your XM payment wallet. This isn’t all. XM provides a No deposit bonus, too. In short, with this bonus, every new registered trader on the XM online trading platform will receive a sum of money to trade – as a gift from the web site. The amount of the No Deposit Bonus is 30 USD and as you can guess, you can make 1 or even 2 trades on the Forex market with this money. The most beneficial thing about this bonus is that it gives you a possibility to test the platform without even wasting money. So, XM is welcoming enough to give a chance decide whether to partner with it, or no for absolutely free of charge. The No Deposit Bonus, as well as the Welcoming 100% Bonus is directly credited to your account. You dont need to contact the customer support services or to respond to a question or a condition. These both bonuses by XM have no hidden terms and they both depend on having an account in XM Forex platform only. Read all the terms and conditions to use the XM bonuses just in case.

XM Software Information

In order to satisfy the entire audience`s preferences, XM Forex trading web site provides the following software versions (types): MT4 Terminal; MT4 for Mac; Web Trader; iPhone Trader; iPad Trader; Droid Trader; Mobile Trader. Meanwhile, the extra option of the XM MAM Trader gives a chance the trader to have multi accounts with a management feature. Thus, any new or expert Forex trader will be able to fund/asset with an ease. The software types that the XM uses are all reliable and allowed. By the way, we need to add that the XM platform is officially regulated by the hazard institutions in European Union, so you are definitely on a safe place here. The interface is another thing you need to consider, why choosing a proper Forex broker. Well, XM has a lot to show off here, too. Check it out yourself.

Why choosing XM?

There are many advantages that the XM web site hides. Even though, every trader has its own preferences, some of these strong points are definitely universal ones. See most of the benefits in choosing XM platform now:

The Bonus System. It might be difficult for you to find such a beneficial bonus system type. And if you do, the Forex trading system that offers it, though, will not be as reliable and trustworthy as the XM is.
The great, fast and optimal execution. Indeed, the speed of each action processing, as well as the adequate customer support services are top features for the XM.
Availability of a demo account. In addition to the No Deposit Bonus, it is also a nice try for a test, right?
XM is a good option for a start in Forex trading. But if you are a high punter, don’t hesitate to try it, too!

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