| Category | Details |
|---|---|
| Tradeable Assets | Forex, Indices, Commodities, CFD's, Cryptos are available for customers onboarded under XM Global Limited entity. |
| Min Deposit | $5 |
| Forex Majors Spread | Starting from 1.6 pips (e.g., EUR/USD |
| Regulators | CySEC (Cyprus), ASIC (Australia), DFSA (Dubai), IFSC (Belize) |
| Trading Platforms | MetaTrader 4, MetaTrader 5, XM App |
| Funding Methods | Bank transfer, Credit/Debit Card, E-wallets (Skrill, Neteller, etc.) |
| Currency Pairs | 55 pairs including majors, minors, and exotics |
| Available Leverage | Up to 1:1000 (IFSC), up to 1:30 (ASIC, DFSA, CySEC) |
| Broker Type | No dealing desk |
| Founded | 2009 |
| Country | Headquartered in Cyprus with multiple global entities |
| Free Demo Account | Yes |
| Clients Accepted | Global, with some regional restrictions |
| Pricing System | Spread-based with some accounts offering commission-based pricing |
| Inactivity Fee | Yes |
Pros:
Cons:
Founded in 2009, XM Group has established itself as a prominent forex and CFD broker. Over the years, it has expanded its services and regulatory coverage, ensuring high levels of trust and security for its clients. The broker operates under several regulated entities, providing a wide range of trading instruments and educational resources.
XM Group operates globally, offering services in numerous countries. However, it does not accept clients from certain regions, including the United States, Canada, Israel, and Iran. The broker provides localized services and support in multiple languages to cater to its diverse clientele.
XM operates under four entities regulated by:
All entities offer negative balance protection and segregate client funds from company funds.
XM provides a diverse range of investment opportunities:
XM offers the following platforms:
Additional Tools:
XM offers multiple account types to cater to different trading needs and preferences. The account opening process is fully digital and can be completed quickly through the website.
XM Account Types and Their Benefits:
| Account Feature | Micro | Standard | XM Ultra Low | XM Zero |
| Minimum Deposit | $5 | $5 | $5 | $5 |
| Spreads From | From 1.0 | From 1.0 | From 0.6 | From 0.0 |
| Commission | None | None | None | $3.5 per $100,000 |
| Instruments | FX, Commodities, Indices, Stocks | FX, Commodities, Indices, Stocks | FX, Commodities, Indices, Stocks | FX, Commodities, Indices, Stocks |
| Base Currencies | Multiple options | Multiple options | Multiple options | USD, EUR, JPY |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 |
| Margin Call | 50% | 50% | 50% | 50% |
| Stop Out | 20% | 20% | 20% | 20% |
| Swap Free | Yes | Yes | Yes | Yes |
| Minimum Volume | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
Demo Account: XM offers a demo account for traders to practice and familiarize themselves with the trading platform and strategies without risking real money.
Islamic Account: XM provides an Islamic Account option for each account type, adhering to the principles of Sharia law by offering swap-free trading conditions.
XM provides services globally but has specific regional restrictions. XM accepts clients from the European Economic Area (EEA)c, under MiFID passporting, Switzerland, and South Africa. It also provides services to institutional clients in countries like Mauritius, Seychelles, Belarus, and Belize. However, XM does not offer its services to residents of the United States, Canada, Israel, and Iran, among other countries, due to regulatory constraints. Prospective clients should always verify their eligibility on XM’s website.
XM Copy Trading allows clients to let experienced traders handle the trading while they enjoy the results. Over 100,000 clients have already joined the platform, benefiting from the expertise of seasoned Strategy Managers.
XM Copy Trading is user-friendly and straightforward to get started with:
XM aims to provide a seamless and efficient experience for funding and withdrawing from trading accounts. The company offers a variety of convenient payment methods with no deposit and withdrawal fees.
Deposit Methods:
