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XM Broker: Reviews and Specifications

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XM Discussion

  • Website: www.xm.com
  • Founded: 2009
  • Headquarter: Belize, Australia, Cyprus
  • Regulation: FCA (#705428), CySEC (License #120/10), ASIC (#443760), DFSA (Dubai), IFSC (Belize)
  • Note 1: XM is a trading name and a registered trademark of Trading Point of Financial Instruments Ltd
  • Note 2: The acquisition of XM.COM domain (June 22, 2013)

Open Account

International offices–
Broker TypeMarket maker
Broker StatusIndependent Broker
Accept U.S ClientsNo
Live ChatYes
Phone+501 223-6696
Email[email protected]
Website LanguagesEnglish, Russian, Spanish, Arabic, Chinese, German, Hungarian, French, Indonesian, Greek, Italian, Japanese, Spanish, Danish, Swedish, Turkish, Dutch, Malay

 

Account Information

Free Demo AccountYes
Min. Deposit$5
ECN accountNo
Account CurrenciesUSD • EUR • GBP • JPY • CHF • AUD
Maximum Leverage1000:1
Minimal Order Volume0.01
Segregated accountsYes
Swap-free AccountsYes (for Muslim only)
MAM/PAMM accountsNo
Managed accountNo
Interest on marginNo
Deposit/ Withdraw OptionsBank Transfer, Visa/ Mastercard, Multiple Local Payments Available

 

Trading Terms

Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
Precision pricing5 digits
Type of SpreadFloating
CommissionNo
Lowest spread on EURUSD0.6
ScalpingYes
HedgingYes
Expert AdvisorsYes
Mobile TradingYes
Web TradingYes
Gold, SilverGold • Silver
Cryptocurrency TradingNo
Other Trading Instruments Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs
Promotion & ContestYes XM

See also:

  1. FXCC Broker: Reviews and Specifications
  2. FxNet Broker: Reviews and Specifications
  3. Forex4you Broker: Reviews and Specifications
  4. Fxview Broker: Reviews and Specifications

Reader Interactions

Comments

  1. dennis says

    September 23, 2012 at 9:51 pm

    Looks great , but does it have a trading desk?

    Reply
    • ForexBlogger says

      September 24, 2012 at 1:39 am

      XEMarkets is DMA/STP broker, NDD.

      Reply
  2. Trader, Uk says

    May 21, 2012 at 1:23 am

    Best customers support service is what I received. Many times I contact them with questions and they always give me fast and friendly answers. At other certain broker, you cannot believe that it took half an hour for me to contact live person and I just give it up!

    Reply

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