XM Group
XM has built a solid reputation since 2009 by following three guiding principles: fairness, reliability and transparency. Internationally recognised by its industry peers and clients as one of the world’s largest and most client-centred broker companies, XM serves over 10 million clients from over 190 countries.
Fair Trading Conditions for Every Client
Founded in 2009 by market experts with extensive knowledge of the global forex and capital markets, XM is a well-established multi-regulated and licensed company (CySEC, ASIC, FSC, DFSA and FSCA), whose primary aim has always been to ensure fair and reliable trading conditions for every client. This is reflected by the multitude of prestigious awards and recognitions earned through the years and by virtue of its commitment to corporate brand values.
Over 1,000 Instruments to Invest in
One of the main virtues of XM is their best execution, no requotes and no rejection of orders policy, which guarantees seamless trading conditions for every single client who invests in any of the over 1000 instruments offered, including forex, and CFDs on Stocks, stock indices, precious metals, energies, commodities, and cryptocurrencies CFDs. Moreover, any client can start trading with as little as 5 USD deposit.
Online Trading as It Should Be
At XM, accounts come in different shapes and sizes to accommodate every individual investor across the globe as per their trading knowledge, investment size or experience. Clients can trade on MetaTrader 4 and MetaTrader 5 on multiple mobile devices and on Windows and iOS operating systems, along with the XM mobile app, which serves the mobility and ease of trading on the go.
Account registration and account management are both hassle-free in the company’s Members Are and so are fund deposits and withdrawals via multiple payment methods, with transfer fees covered by XM.
Clients still new to online investing are also more than welcome to test their trading skills and investing journey with demo accounts, which offer them risk-free trading with virtual funds in real-time market conditions.
Whether on beginner or advanced level, every XM client has the option to trade with different lot sizes and manage their risk exposure in an online trading environment that adheres to the financial regulatory standards of the country they live in, as well as with negative balance protection. There are no hidden terms — whether in pricing, trade execution, or promotions.
Furthermore, XM’s 100% client-centric customer service always stands by the client with round-the-clock support through multi-channel options, including live chat, email, messaging apps, phone assistance, and personal account managers.
Crypto-CFD trading is subject to regulatory oversight in Thailand. Residents should stay informed about any updates or changes in regulations that may affect their trading activities
The products, services and features advertised here vary between the XM entities. For further information, please visit the XM website.
XM Group
Overall
Good broker, no problems with withdrawal, a few days ago WD 940 €, thanks
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I already have many years an open account at xm.Nikada I had problema.Usluge they were ok, and money transactions are qvick.Tako that this broker is one of the best.
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I have good references of this brokers
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GoodMorning (italy) I noticed that in the early morning the spread is very high, and after it goes in a medium spread.
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12 PIPS IT´S too high.
But for me, no any problem with my money on this broker.
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XM is a real MM with its bonuses and unbelievable leverage. Yes, it seems very pretty, but after 4 year of trading, I can advise you to stay away from MM if you really want earn money. They will do everything possible to help you lose your money, because it’s their profit. If you decide to start real trading, I can help you to choose the best broker for you, my skype is vovkfx.
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The best broker, good offer and fast payouts
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what is this?
you say flexible spread but this is more than flex!! shame
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Dear DDVII,
The time zone of our trading servers is always GMT+2 winter time and GMT+3 summer time.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
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hi does xm use the new York close charts?
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xm is good broker.
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I have an account with XM 2 years, is very good broker, thanks.
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good broker
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How long have you been trading with them for ?
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i can see they have now lower spread also, i am newbie to the Forex and will definitely will give them a try, just going to sign up there and to have experience there, if i compare reviews of XM with the FXPRO then XM is definitely a winner here cuz of their highly co-operative support. and for me the Old broker have much value , they formed in 1996 , which is very positive sign for me at least....thumbs up for XM
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Dear antaran,
I believe that you have misunderstood what kind of activities we are actually referring to in this clause.
This clause is meant to impose legally binding restrictions on those who are not genuinely interested in trading in the financial markets and intend to be engaged in fraudulent activities with use of software that is intended for this sole purpose. Most certainly this does not include expert advisors, scripts or indicators, that traders might use to aid them in trading and conducting market analysis.
Traders are free to use EAs or any other tools that can help them in trading and I can assure that no genuine trader will be affected by this rule. However, use of software that was developed to exploit bugs or inefficiencies is strictly prohibited.
At XM we have created a safe and fair trading environment, and this rule is meant to support our efforts and primarily serve as a warning that fraudulent activities are not being tolerated. I am sorry to hear the you have considered this as an "attack" but I that hope my answer will resolve your concerns.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
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I am new to this broker, however I have already had the chance to test both negative account protection and withdrawal.
They work.
Regarding future cooperation with them, my concerns and dilemma is the following:
In Terms and Conditions, there is a cloudy part about Artificial Intelligence Software:
"53.2 Artificial Intelligence Software:
It is absolutely prohibited to use any software , which we determine, at our sole discretion, to have as its purpose to apply any kind of artificial intelligence analysis to our Online Trading Facility and/or computer system(s) relating to the use of our Services;<...>Under these circumstances, we reserve the right to seize any profits and/or revenues generated directly or indirectly by exercising any such prohibit trading activity<...>
"
My concerns:
1. it is unusual to refer to artificial intelligence in TCs of Forex brokers, as:
2. unfortunately for the client (traders): all expert advisors might be considered artificial intelligence software because:
3. the term 'sole discretion' is used without any further explanation,
4. please consider that by definition, artificial intelligence (both software and hardware) is aimed at substitute human decisions and
behavior. So each and every Expert Advisor may be suspended and profits confiscated at 'sole discretion'.
My view:
The broker should give enough information for clients which could enable them to make informed decisions like:
1. either decide that this broker is not for them,
2. or to be able to prepare their EAs not to 'harm' the broker and thus risking profits confiscated.
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Dear zijlstra,
The loosing trade was performed by a different client and, therefore, this issue will only be discussed with the registered account holder. I can say that this client has also been informed about termination of her account and our backoffice department is handling matters related to the refund of the deposit.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)
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Can you give also my lost trade back then? Perhaps giving my profit back i will forgive everything.
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Dear zijlstra,
Your account has been terminated due to serious violations of the Terms and Conditions.
Trading patterns in your account indicate that you in coordination with another client performed opposite trades with a sole purpose of abusing fair trading rules and our bonus promotion. It is clear that your goal was to benefit financially without being genuinely interested in trading in the markets or taking market risk.
Please note that according to the Terms and Conditions such activities are strictly prohibited and always lead to account termination.
Kind regards,
Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)