Honest and Fair Opinion for 2025

Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently. All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. Yes, XM Group features a loyalty program (earning XM Points for trading), referral bonuses, and trading contests. However, the availability and terms of bonuses vary by region and should be reviewed carefully.

This benefit is available both for existing traders and those who open new accounts through PaybackFX. The Ultra Low Account is particularly popular among experienced traders who want a combination of low-cost trading and flexible trade sizes. Yes, XM Group is regulated by 5 of the most trustworthy financial regulators in the world; the FCA, ASIC, IFSC, CySEC, and DFSA. Each arm of the broker is regulated under a different trading name but don’t worry, XM Group does own all of these licenses.

Answer questions about employment status, capital, trading aims, and trading experience. Here, spreads average 0.1 pips on major pairs, but you will be charged a $3.5 commission fee per side, per $100,000 traded. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded. XM may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days).

Most deposits will take place instantly, but there is a limit of $5 for electronic funding. Withdrawal requested are normally processed within 24 hours, but credit/debit cards and bank wires can take up to 5 days. Once the application is complete, https://forex-review.net/xm-group-review/ there is a short delay whilst the broker verifies your details.

  • Our expert reviewers found that XM Group is highly compliant with regulations in many jurisdictions around the world.
  • XM Group’s forex offering includes over 55 currency pairs, ranging from major pairs like EUR/USD and GBP/USD to less commonly traded minor and exotic pairs.
  • The deposit bonus can be up to $5,000 and is proportional to how much you deposit.

Fast withdrawal..but please give 100% bonus credit again..sometime we need support margin..this is my opinion..but withdrawal very fast .. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. Strategy Managers can create up to 10 strategies and earn instant profit shares.

The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. The Open An Account section of the site is where to head if you want to try out the XM trading experience using a Demo account. They are free to use and take moments to set up and clients get $100,000 in virtual funds to practise with. One of the attractive features of the XM set up is that the broker allows a larger than average number of base currencies. When setting up your account, you will need to select what your preferred currency is. If you deposit funds using any currency other than those offered by XM, your funds will be converted into the base currency by the broker.

XM is a well-regulated and client-focused forex and CFD broker, licensed by top-tier authorities like CySEC, ASIC, and the FCA. It offers competitive spreads, flexible leverage, and multiple account types for traders of all levels. With 24/5 multilingual customer support, extensive educational resources, and a loyalty program, XM enhances the trading experience. High-volume traders benefit from free VPS hosting, though the platform is restricted in certain regions like the U.S. and Canada. In addition to Copy Trading, XM offers a variety of additional services to support traders at every level.

XM Group customer support

  • To open an Islamic account with XM, our review team found that you’ll first need to follow the standard account opening process.
  • XM offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5.
  • No, XM Group does not accept clients from the United States, Canada, Israel, North Korea, and Iran due to regulatory restrictions.
  • Client funds are held in segregated accounts at top-tier financial institutions, ensuring they remain separate from the company’s operational capital.
  • While XM’s low minimum deposit and educational resources make it an attractive choice, prospective clients should carefully consider their risk tolerance and trading goals.
  • Since then, Tasos Anastosiou has taken up the role of CEO, and Ilias Mavrommatis is the company’s Managing Director.

XM offers a variety of trading platforms designed to accommodate traders of all experience levels. Whether trading forex, stocks, indices, or commodities, XM ensures that its platforms provide the tools necessary for a seamless and efficient trading experience. XM treats all clients equally, regardless of account size, by providing top-tier trading conditions.

What XM account is best for beginners?

Each year, we collect thousands of data points and publish tens of thousands of words of research. Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. That said, XM lags behind top-tier brokers when it comes to competitive pricing and range of markets, which may limit its appeal for more advanced or cost-sensitive traders. XM opens the door to global markets with over 1,300 stock CFDs, 55 forex pairs, 31 cryptocurrencies, and a wide range of commodities and indices.

Mobile App

All you need to do is maintain a minimum amount of 5,000 USD to use the XM Group VPS without charge. This lets you execute rapid trades without an internet connection to ensure you never miss out on the latest opportunities. Copyright © 2025 Forex BrokeragesCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This website is for informational purposes only and should not be considered advice. These accounts are swap-free, meaning traders are not charged or credited overnight interest.

Is XM a regulated broker?

99.35% of all trades are executed in less than one second and there is a strict ‘no re-quotes’ policy and no virtual dealer plug-ins. Moreover, 24/5 multilingual Personal Account Managers ensure smooth client communications and professional support for both demo and real account holders. XM does not charge you any commissions when you make a deposit, withdrawal or trade.

XM does not impose any deposit fees, allowing traders to fund their accounts without additional costs. XM stands out for its transparent and competitive fee structure, catering to traders of all experience levels. The broker’s pricing model offers clarity and predictability, allowing both beginners and seasoned professionals to manage their trading costs effectively. The XM Ultra Low Account focuses on providing traders with some of the tightest spreads available without charging any commissions. Spreads start from as low as 0.6 pips, making it an attractive choice for scalpers, day traders, and high-volume traders seeking cost-efficient trading conditions. With strict regulatory oversight, advanced security features, and a transparent trading environment, XM provides a trustworthy and secure platform for traders at all levels.

XM Group trading platforms

If a demo account is not used for 90 days, however, it will be automatically terminated. Our XM Group reviewers are happy to report that this broker is licensed and regulated by several top-tier financial institutions, including the FCA, ASIC, and CySEC. XM also offers investor compensation and boasts a great reputation and history. Stock CFDs at XM Group have different spreads depending on the stock itself.

XM Group provides an economic calendar that is essential for keeping track of major market events. This calendar allows traders to stay up-to-date with economic data releases, central bank meetings, and other significant events that may influence the markets. The calendar is integrated into both MT4 and MT5, offering a seamless experience for traders as they plan their trades around key economic developments. XM offers a robust Copy Trading feature, which is designed to allow traders, especially beginners, to benefit from the expertise of more experienced market participants. By using XM Social Trading, traders can browse through a range of professional traders with a proven track record and automatically copy their trades. This feature allows users to engage in the market without requiring extensive knowledge or a significant time commitment, making it an ideal tool for those new to trading or those with limited experience.

Trading Instruments

The lowest out team was able to find was 0.012 pips and the highest was 6.91 pips. There is a 0.1% commission on the UK, French and German markets and a 0.04% commission on US markets. This is calculated as such; ‘stock dividend declared x lots x contract size’. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either.

The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market. The XM Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes. XM Group has a vast range of educational materials within the research and education center. This includes daily market updates, economic events, tutorial videos, webinars, seminars and more.