XM
-
Platform
Metatrader4 (MT4) , Web Trader -
Min deposit
$5 -
Min lot
0.01 lot -
Spreads
1 pips -
Broker Type
Market maker -
Regulated
CySEC, FCA UK, ASIC, BaFIN, CNMV Spain, AFM Netherlands, FI Sweden, FIN Finland and other
XM is a Forex Broker . It started opening it’s doors to clients in 2009 , establishing it’s offices in Cyprus , New Zealand. XM (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $5.
XM offers accounts in: USD Account, EUR Account, GBP Account, JPY Account, CHF Account, AUD Account, HUF Account, PLN Account, RUB Account with variable spreads. The lowest spread offered in EuroDollar is 1 pips.
It’s platform (MT4 Desktop/Mobile/iOS/Android/BlackBerry, Web Trader ) can be traded on Desktop|Mobile|iOS|Android|BlackBerry| , it offeres a Expert trading guidance feed. The platform is set on GMT+2 and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 888:1 Standard Account
On it’s platforms: MT4 , Web Trader, you can set Trailing Stoploss, No OCO orders, One click trading, furthermore it offers Mobile trading, Webtrading and 56 fx pairs (20+ exotic). Among the foreign exchange products you can also trade, Gold, Silver, Stocks, Indices, Commodities, Energies.
XM (Forex Broker) is regulated by CySEC, FCA UK, ASIC, BaFIN, CNMV Spain, AFM Netherlands, FI Sweden, FIN Finland and other, and is a Independent broker..
For all those wondering on the payment and withdrawal method, here is a list of funding methods:
Payments:Bank Wire, Credit Card, Neteller, Skrill, WebMoney, Western Union, MoneyGram, China UnionPay, SOFORT, Ideal, Paysafecard, QIWI, CashU, Giropay, Przelewy24, FasaPay
Withdrawals from your FX account:Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, QIWI, FasaPay
Please take the opportunity to review XM, your feedback is appreciated.
XM - Specs
Broker
| Broker Type | Market maker |
| Broker Country | Cyprus |
| Regulation | CySEC, FCA UK, ASIC, BaFIN, CNMV Spain, AFM Netherlands, FI Sweden, FIN Finland and other |
| Indipendant Broker | Independent broker. |
| Year in Industry | 2009 |
| International Offices | New Zealand |
Account
| Accept US Clients | Yes |
| Mini account deposit | $5 |
| Standard account deposit | $5 |
| Trading account currency | USD Account, EUR Account, GBP Account, JPY Account, CHF Account, AUD Account, HUF Account, PLN Account, RUB Account |
| Leverage Account | 888:1 Standard Account |
| Minimal size lot | 0.01 lot |
| Leverage Mini account | Mini Account, Standard Account |
Payments
| Funding method | Bank Wire, Credit Card, Neteller, Skrill, WebMoney, Western Union, MoneyGram, China UnionPay, SOFORT, Ideal, Paysafecard, QIWI, CashU, Giropay, Przelewy24, FasaPay |
| Withdrawal method | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, QIWI, FasaPay |
Costs
| Commissions | no |
| Costs & Spreads | variable |
| Costs/Lowest spreads on EURUSD | 1 pips |
Trading
| Premium trading | Expert trading guidance |
| Scalping | yes |
| Hedging | |
| EAs allowed | yes |
Platform
| Trading platform type | MT4 Desktop/Mobile/iOS/Android/BlackBerry, Web Trader |
| Platform time zone | GMT+2 |
| Decimal pricing | 5 digits |
| Trailing stops | Trailing Stoploss |
| OCO orders | No OCO orders |
| One click | One click trading |
| Mobile trading | |
| Webtrading | |
| API Solutions |
Products
| Currency pairs | 56 fx pairs (20+ exotic) |
| Exotic Pairs | Exotic Forex Pairs |
| Gold Silver | Gold, Silver |
| CFD Trading | CFD trading |
| Other instruments | Stocks, Indices, Commodities, Energies |
Other
| MAM PAMM LAMM | MAM |
| Managed Accounts | No |
| Swap free accounts | Yes |
| Segregated client accounts |
Promotions and Offers
| Bonuses (T&Cs apply) | Yes |
| Contests | Yes |
