XM Group Broker Review


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    💻 Demo Account: Yes
    ⚖ Allows Hedging: Yes
    🔪 Allows Scalping: Yes
    🏢 Headquarters: Cyprus, Australia, UK
    📅 Founded: 2009, 2015, 2016
    📈 Trading Platform(s): XM MT4 Terminal, XM Web Trader, XM iPhone Trader, XM iPad Trader, XM Droid Trader, XM Mobile Trader, MIRROR TRADER
    📜 Regulating Authority(s): CySEC, FCA, ASIC
    💰 Minimum Deposit: $5
    📣 Maximum Leverage: 1:30

    Visit XM Group
    Risk Warning: Your capital may be at risk

    $5
    Minimum Deposit
    1:30
    Maximum Leverage
    2009, 2015, 2016
    Founded

    “$30 No-Deposit Bonus and two-tier deposit bonus 50% up to $500 and 20% up to $4,500*

    Our Review of XM Group

    XM
    Company Overview
    XM Group is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 in Limassol Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10). Trading Point of Financial Instruments Pty Ltd was established in 2015 in Sydney, Australia and is regulated by the Australian Securities and Investments Commission (ASIC 443670). Trading Point of Financial Instruments UK Ltd was established in 2016 in London, United Kingdom and is regulated by the Financial Conduct Authority (FCA 705428)

    Account Types, Commissions & Spreads
    XM Group offers its clients 3 types of account: MICRO, STANDARD and ZERO with low spreads and a level of leverage that can reach the maximum of 1:30 (*Leverage applies to all the EU regulated entities of the group. Leverage depends on the financial instrument traded.). The Micro account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5. The Standard account allows you to operate with standard lots and it has minimum initial deposit of $5. Finally, XM Zero account allows you to operate with standard lots, lower spreads starting at 0 pips and it has minimum initial deposit $100. XM Zero account has a $3,5 commission per $100,000 traded.”

    Trading Software
    The trading software that is used by XM is MetaTrader 4 and MT 5, by MetaQuotes. It offers a web application, as well as a mobile application that allows traders to continue to trade even while on-the-go. There is no monthly fee to pay for using this trader. Instead, the monthly fee is paid for the account that is created by XM. There are demo accounts available with MetaTrader 4. This trading software offers enough tutorials and help packages for beginners, as well as enough options to satisfy those who are considered to be advanced and expert traders. It has charts, indicators, and studies that are fully integrated with the platform, but does not offer live support or news integration. It allows stop order to be made, as well as market orders and trailing stops. The trading types that MarketTrader 4 supports are swing trading, mid term trading, day trading, and long term trading. Finally, it is possible to build both proprietary indicators and systems on MarketTrader 4.

    Deposits & Withdrawals
    There are no fees for making a deposit or a withdrawal. It is possible to use multiple credit cards to make deposits, electronic payments for withdrawals and deposits, bank wire transfers, and local bank transfers. In order to make a withdrawal, the trading account needs to be validated as a security precaution. It is also possible to transfer funds from one account that is used for trading to another account that is used for trading.

    Customer Support
    XM offers comprehensive customer support. There are many different tutorials that those who are new to trading can utilize in order to get into the game. They also have customer helplines that can be called if a customer has a question. 

    Regulators & Safety
    All customers’ money is kept in segregated accounts in investment grade banks. XM Group is regulated by Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission and the Financial Conduct Authority.

    Leverage
    Leverage, or the multiplication of an account, is present at XM. The maximum leverage is 30:1. Leverage applies to all EU regulated entities of the Group. Leverage depends on the financial instrument traded

    Sign Up Bonuses
    XM Group offers its new clients a $30 No-Deposit Bonus and a two-tier deposit bonus, 50% deposit bonus up to $500 and 20% deposit bonus up to $4,500(* “Trading bonuses are not eligible for clients registered under Trading Point of Financial Instruments Ltd and Trading Point of Financial Instruments UK Ltd.”).”


    Visit XM Group's Website
    Risk Warning: Your capital may be at risk

Company Information
Broker's Name
XM Group
Headquartered in
Cyprus, Australia, UK
Year Founded
2009, 2015, 2016
Regulating Authority
CySEC, FCA, ASIC
US Clients Accepted
No
Telephone Number
CY: +357 25029933, AU: +612 8607 8385 UK: +44 2031501500
Fax Number
CY: +357 25345225, AU: +612 8252 0854 UK: +44 2038629869
E-Mail Address
CY: support@xm.com, AU: ausupport@xm.com , UK: support@xm.co.uk
Account Options
Type of Broker
Market Maker
Commission
Yes
Mini Account
No
VIP Account
Yes
Segregated Account
Yes
Islamic Account (Swap Free)
Yes
Demo Account
Yes
Institutional Accounts
No
Managed Accounts
No
Maximum Leverage
1:30
Minimum Deposit
$5
Deposit Options
XM Group accepts the most commonly used Local Payment methods including Credit/Debit Card, Neteller, Skrill, Bank Wire Transfer,etc.
Withdrawal Options
XM Group accepts the most commonly used Local Payment methods including Credit/Debit Card, Neteller, Skrill, Bank Wire Transfer,etc.
More Instruments
Metals
Yes
Oil
Yes
Gold
Yes
Indices
Yes
Stocks
Yes
Commodities
Yes
ETFs
No
CFDs
Yes
Trading Platform
Platform Type
XM MT4 Terminal, XM Web Trader, XM iPhone Trader, XM iPad Trader, XM Droid Trader, XM Mobile Trader, MIRROR TRADER
Platform Languages
Multi Lingual
OS Compatibility
iPhone, iPad, Windows and Mac
Streaming News Feed
No
Charting Package
No
Trading Signals
No
Automated Trading
Yes
Trade From Charts
Yes
Market Commentary
No
E-mail Alerts
No
Mobile Alerts
No
Scalping
Yes
Hedging
Yes
Trailing Stops
Yes
Guaranteed Stop Loss
No
Guaranteed Limit Orders
No
Guaranteed Fills
No
Interest on Margin
No
One-Click Execution
No
OCO Orders
No
Mobile Trading
Yes
Web-Based Trading
Yes
Customer Service
Customer Support Languages
Multi Lingual
Customer Service Hours
24/5
Place Trades Over the Phone?
Yes
Bonuses & Rewards
No Deposit Bonus
Yes
Bonus for First Deposit
Yes
Is the Bonus Based on the Volume of the Transaction?
No
Other Bonuses
No


English
Top Bonus Info: 
“$30 No-Deposit Bonus and two-tier deposit bonus 50% up to $500 and 20% up to $4,500*
Our Rating: 
5
Average: 5 (1 vote)
Mini Bonus Info: 

No Deposit
£25
+Deposit Bonus

USPs: 
Free forex signals + market research
Online education and webinars
Fee free withdrawals and deposits
Region: 
ROTW
Broker Type: 
Forex

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