XM forex broker review

XM broker review

XM.COM is a trade name and the registered trademark of Trading Point Holdings Ltd.

The broker operates in accordance with the European Union's Markets in Financial Instruments Directive (MiFID).

XM.com's various trading platforms allow you to trade the forex, stock market indices, precious metals, stocks and commodities with spreads starting as low as 1 pip.

XM.com complies with the European trading industry standards, defined by MiFID guidelines. Customer funds are secured and kept in segregated accounts, fully separated from the broker's capital.

XM.com makes every effort to provide the best possible execution, 99.35% of all orders are executed in less than one second.

XM website  Demo account XM  Live account XM

Types of XM accounts

The XM Group offers 4 types of accounts: MICRO, STANDARD, ZERO and ULTRA LOW with low spreads and a maximum leverage level of 1:30.

  • The MICRO account allows you to trade with micro lots, a lower level of risk and requires a minimum initial deposit of just $5.
  • The STANDARD account allows you to trade with standard lots, and requires a minimum initial deposit of only $5.
  • The XM ZERO account allows you to trade with standard lots, spreads starting at just 0 pips with a minimum initial deposit of only $100. The XM ZERO account charges a commission of $3.50 per $100,000 traded.
  • The XM ULTRA LOW account allows you to trade with micro-lots or with standard lots, with low spreads starting at just 0.6 pips and a minimum initial deposit of only $50. The XM Ultra Low account is not applicable to all of the Group's entities. The availability of this type of account depends on the trader's country of residence.

XM website  Demo account XM  Live account XM

XM brokerage news

Risk warning

Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit.