XM Review

XM Group is made up of four regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10). Trading Point of Financial Instruments Pty Ltd was established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC 443670). XM Global Limited was established in 2017 and is regulated by the Financial Services Commission in Belize (000261/397). Trading Point MENA Limited was established in 2019 and is regulated by Dubai Financial Services Authority (DFSA reference no. F003484).

 

 

The XM Group offers more than 1000 financial instruments which can be traded on the MT4/MT5 platforms and XM app. This includes Forex Trading, CFDs on Crypto*, Stocks, Commodities, Equity Indices, Precious Metals and Energies, and more with some of the most reliable and fastest order execution available to retail traders. The Group prides itself on the statistic that over 99% of its trades executed in less than 1 second and serves over 10 million clients in more than 25 languages across 190 countries.

Regulated by strict financial authorities in all the relevant jurisdictions, XM doubles down on its reputation by providing an optimum mix of the functionality that users want most: security, support, easy account funding and withdrawals, and low fees. This combination makes XM a smart place to start a trading career or take it to the next level.

 

 

Pros

  • Wide variety of assets
  • High leverage up to 1000:1 (this leverage is not available to all the entities of the Group)
  • Live chat and other accessible support in over 25 languages
  • No commissions
  • Non-expiring demo account
  • Lightning-fast execution
  • MetaTrader and XM Mobile App platforms available
  • Round-the clock 24/7 Customer service (24/5 for the EU-regulated entity)
  • Customer service during weekend hours
  • Education for beginners and live analysis
  • Negative Balance Protection

Cons

  • ETF trading not supported
  • Funding with PayPal unavailable

Who Is XM Group Recommended For?

All XM users have access to various types of accounts offered by XM.

As there is a slight learning curve related to MT4 and MT5, it’s highly recommended that one already have some trading experience before trading with XM, or at least that they register an XM non-expiring demo account first.

Regulated By

  • Cyprus Securities and Exchange Commission (CySEC)
  • Australian Securities and Investments Commission (ASIC)
  • Financial Services Commission (FSC)
  • Dubai Financial Services Authority (DFSA)

up to 100%
no Deposit Bonus

With over 10,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader.

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