XM Group

Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Popularity 4/5
Bonus $30 /€ Residents within EEA are not eligible for this bonus
Minimum Deposit $5 /€
MT4
MT5
Account currencies AUD · CHF · EUR · HUF · GBP · PLN · JPY · RUB · SGD · USD · ZAR
Languages English · Arabic · Bengali · Czech · German · Greek · Spanish · French · Hindi · Hungarian · Indonesian · Italian · Japanese · Korean · Malay · Dutch · Polish · Portuguese · Russian · Swedish · Thai · Tagalog · Turkish · Urdu · Vietnamese · Chinese · Traditional Chinese
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Rating ★★★★☆

Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


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Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


 ✚ Review

XM is a popular online broker that offers a wide range of financial products and services, including forex trading, commodities trading, and stock index trading. The company was founded in 2009 and is headquartered in Limassol, Cyprus. It is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC).

One of the main strengths of XM is its wide range of tradable instruments. The broker offers over 1,000 instruments across various asset classes, including currency pairs, indices, commodities, and equity CFDs. This gives traders a lot of flexibility and choice when it comes to finding the right instruments to trade.

Another positive aspect of XM is its trading platform. The broker offers a range of platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its own proprietary platform, XM WebTrader. These platforms are user-friendly and offer a range of features, including advanced charting tools, technical indicators, and automated trading capabilities.

In terms of trading conditions, XM offers competitive spreads, low commissions, and fast execution speeds. The broker also offers a range of leverage options depending on the country of the trader. High leverage can be a double-edged sword, however, as it can also increase risk for traders.

XM also offers a range of educational resources for traders, including webinars, trading guides, and a comprehensive knowledge base. These resources can be helpful for traders looking to improve their trading skills and knowledge.

In terms of customer support, XM offers a range of options, including email, phone, and live chat. The broker also has a dedicated support team available 24/5 to assist traders with any questions or issues they may have.

Overall, XM is a well-established and reputable broker that offers a wide range of financial products and services to traders around the world. It has a strong focus on education and customer support, and its trading platforms are user-friendly and feature-rich. It is important for traders to understand the risks associated with leverage and to trade responsibly.

Here are some key points of this broker:

  • CySEC, ASIC, FSC regulated
  • No fees for deposits and withdrawals
  • Low minimum deposit
  • Training tools and customer service available in many languages
  • Islamic Account available
  • Free VPS server with conditions of minimum capital and monthly number of trades

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Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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