en English
X
af Afrikaanssq Shqipam አማርኛar العربيةhy Հայերենaz Azərbaycan dilieu Euskarabe Беларуская моваbn বাংলাbs Bosanskibg Българскиca Catalàceb Cebuanony Chichewazh-CN 简体中文zh-TW 繁體中文co Corsuhr Hrvatskics Čeština‎da Dansknl Nederlandsen Englisheo Esperantoet Eestitl Filipinofi Suomifr Françaisfy Fryskgl Galegoka ქართულიde Deutschel Ελληνικάgu ગુજરાતીht Kreyol ayisyenha Harshen Hausahaw Ōlelo Hawaiʻiiw עִבְרִיתhi हिन्दीhmn Hmonghu Magyaris Íslenskaig Igboid Bahasa Indonesiaga Gaeligeit Italianoja 日本語jw Basa Jawakn ಕನ್ನಡkk Қазақ тіліkm ភាសាខ្មែរko 한국어ku كوردی‎ky Кыргызчаlo ພາສາລາວla Latinlv Latviešu valodalt Lietuvių kalbalb Lëtzebuergeschmk Македонски јазикmg Malagasyms Bahasa Melayuml മലയാളംmt Maltesemi Te Reo Māorimr मराठीmn Монголmy ဗမာစာne नेपालीno Norsk bokmålps پښتوfa فارسیpl Polskipt Portuguêspa ਪੰਜਾਬੀro Românăru Русскийsm Samoangd Gàidhligsr Српски језикst Sesothosn Shonasd سنڌيsi සිංහලsk Slovenčinasl Slovenščinaso Afsoomaalies Españolsu Basa Sundasw Kiswahilisv Svenskatg Тоҷикӣta தமிழ்te తెలుగుth ไทยtr Türkçeuk Українськаur اردوuz O‘zbekchavi Tiếng Việtcy Cymraegxh isiXhosayi יידישyo Yorùbázu Zulu

XM Review ,Start trading without deposit, see bonus details

XM forex broker review

Broker XM Review
Company name  

Trading Point of Financial Instruments Ltd

Founded 21/09/1994 
Country Cyprus, Australia, UK
Regulated by CySEC, FCA, ASIC
Bonuses $30 non-deposit Bonus up to $5,000 (t&c apply)
Minimum deposit $5
Leverages  1:30
US Clients Not accepted
funding methods Credit/ Debit Card, bank wire transfer, local bank transfer, Neteller, Moneybookers Skrill, etc
Platform MetaTrader 4, MetaTrader 5
Dealing desk No
Web based Yes
Mobile trading Yes
Demo account Yes
Islamic account Yes

XM Review

XM is a charity and thequality group as a forex broker under trading point; Providing a financial services under the regulatory body of Cyprus security and exchange commission (CYSEC),  ASIC and FCA. offering a wide range of progressive features for trading Forex, Stocks CFDs, Commodities CFDs, Equity indices CFDs, Precious metals CFDs, Energies CFDs and Cryptocurrencies CFDs. This broker provide essential service to their traders with a unique features.

XM is the direct gateway between investors and the global financial markets. It ensures an online trading environment with cutting-edge functionality; With advanced platforms for trading mobility and flexible trading conditions for over 100 financial instruments. Over time, the unique things that made me to go for XM is absolute fairness and transparency in their business. They choose to provide a special service to traders coupled with bonus. We cannot doubt what an award winning broker like XM can do in your trading Carie. But before we continue with some features that even made peace army to put them first let us give some useful information instead

Features

XM is dedicated to delivering superior services in currency trading, along with CFDs, equity indices, precious metals, and energies. The feature attributes that comes in XM review uncovered some hidden reason why you should have account with them. They are…

  • Well regulated by multiple regulatory body
  • They give you instant trading and transaction alart just like your bank
  • 25+ secure payment methods
  • 16 full feature trading platforms
  • More than 30 languages supported
  • 24/5 personal customer service
  • no re-quotes or rejections of trading order
  • offers 1:30 leverage
  • Very fast execution, in less than 1 second.
  • They offer 60+ currency pairs and 100+ financial instruments can be traded
  • XM is good both for beginners and professionals,
  • Deposit is as low as $5
  • They equally offer demo accounts funded with USD100,000 virtual currency.

 

XM Review On Account Typs

The information below is currently the account types of XM with their features; NOTE:  the figure below might change in a cause of time, you just have to keep checking our review update.

Micro Account

  • Base Currency Options
  • USD, EUR, GBP, JPY, CHF,‎
    AUD, HUF, PLN, RUB, SGD, ZAR
  • Contract Size
  • 1 Lot = 1,000
  • Leverage

XM Review

  • Negative balance protection
  • Spread on all majors
  • As Low as 1 Pip
  • Commission
  • Maximum open/pending orders per client
  • 200 Positions
  • Minimum trade volume
  • 0.01 Lots (MT4)
    0.1 Lots (MT5)
  • Lot restriction per ticket
  • 100 Lots
  • Trading Bonuses
  • No Deposit Bonuses
  • Hedging allowed
  • Islamic Account
  • Optional
  • Minimum Deposit
  • 5$

Standard Account

  • Base Currency Options
  • USD, EUR, GBP, JPY, CHF,‎
    AUD, HUF, PLN, RUB, SGD, ZAR
  • Contract Size
  • 1 Lot = 100,000
  • Leverage

XM Review

  • Negative balance protection
  • Spread on all majors
  • As Low as 1 Pip
  • Commission
  • Maximum open/pending orders per client
  • 200 Positions
  • Minimum trade volume
  • 0.01 Lots
  • Lot restriction per ticket
  • 50 Lots
  • Trading Bonuses
  • No Deposit Bonuses
  • Hedging allowed
  • Minimum Deposit
  • 5$

XM Zero Accounts

  • Base Currency Options
  • USD, EUR, JPY
  • Contract Size
  • 1 Lot = 100,000
  • Leverage

XM Review

  • Negative balance protection
  • Spread on all majors
  • As Low as 0 Pips
  • Commission
  • Maximum open/pending orders per client
  • 200 Positions
  • Minimum trade volume
  • 0.01 Lots
  • Lot restriction per ticket
  • 50 Lots
  • Trading Bonuses
  • No Deposit Bonuses
  • Hedging allowed
  • Islamic Account
  • Optional
  • Minimum Deposit
  • 100$

Spreads

XM spreads is 0.0 pip, see the full review here

 

XM Review On

Platforms

 

MetaTrader 4

XM MT4 – Faster and Better

XM pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on MT4 with no requotesno rejections, and flexible leverage ranging from 1:1 – to 888:1.

  • 1 Single Login Access to 8 Platforms
  • Micro Lot Accounts (optional)
  • Spreads as low as 0 pips
  • Trade Over 1000 Instruments
XM review

 

MetaTrader 5

XM MT5 – 1 Platform, 7 Asset Classes

The XM MT5 offers all the pioneering features that the XM MT4 has to offer, with the addition of 300 stocks (shares) CFDs, making it the ideal multi-asset platform. Trade forex, stocks, gold, oil, equity indices and cryptocurrencies from 1 platform with no rejections, no re-quotes and flexible leverage from 1:1 to 888:1.

  • 1 Single Login to 7 Platforms
  • Over 80 Analytical Objects
  • Market Depth of Latest Price Quotes
  • Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals, CFDs on Cryptocurrencies, and CFDs on Energies

XM review

 

This well known broker is operated by XM Global with registered address at No. 5 Cork Street, Belize City, Belize, C.A. Therefore they are good to go.

XM Review

Education

There is a series of videos for beginners and others with technical analysis for more advanced traders. For more in depth understanding of how the various platforms work, there are instructional videos on their MetaTrader4 and MetaTrader5 platforms.There are also several interesting online webinars which are available to all XM clients. Pre-registration is required.When it comes to market analysis, XM forex is well supplied. They offer live daily market updates, weekly insights on top financial events, quarterly outlooks and other special reports. XM broker offers indicator to traders in order to denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance  be an effective trading tool.Technical outlooks are posted in the Technicals section and a full alphabetized glossary of financial terms is provided.I was surprised when doing this review that there were no bonuses or promotions mentioned. This is uncommon in the Forex industry where bonuses and promotions act as a definite way to attract new trading clients. Perhaps they give $30 to every new traders and up to 100% interest on every deposit. This gives you edge to trade with confidence.

Commissions & Fees

XM forex commissions and spreads varies from  account, your account type determine your commission. There are three to choose from, including the commission-free Micro and Standard accounts, and the commission-based XM Zero Account.

Let’s assume that you have XM Zero account, then your average spreads on the EUR/USD will be listed as 0.1 pips (not including commission), compared to the commission-free Standard and Micro account, which had average spreads of 1.7 pips for the same pairs.

Even after including the USD $5 per side commission ($10 per Round Turn), and average spreads of 0.1 pips on the EUR/USD, the all-in cost to trade is 1.1 pips (0.1 spread + 1.0 RT commission), making the XM Zero account the firm’s most competitively priced offering.

It is worth noting that XM broker acts as the sole dealer (principal) in all trades it executes, and offers no re-quoting across all its account types in terms of the execution method as a market-maker/dealer. This allows it to offer lower spreads during certain market conditions. Accordingly, both account options are useful, depending on clients’ needs.

Conclusion on XM Review

Therefore in this occasional XM review we will conclude by saying that you are 99.9% secured trading with them. And in addition XM extensive experience combined with professional support in over 30 languages, makes XM the broker of choice for traders of all levels, anywhere. They have the expertise and the resources to help everybody. And with good training, they help traders achieve their investment goals, like only a big broker can. We advice that if you have account with other brokers, use this opportunity and see what that broker is lacking. Read iqcent review and videforex broker review 

Visit broker

See the Top list of the world best forex brokers 

compare broker 

Share Button
Please follow and like us:

Leave a Comment

Copyright © 2020. All Rights Reserved. Best online trading platform
en English
X
Disclaimer: CFD, FOREX INVOLVES HIGH LEVEL OF RISK! By trading with our recommended brokers you agree that you are above 18 and understand the level of risk involve. You can lose all of your invested money, You should start trading only if you are aware of this risk. Fxctraders.com is not a brokerage company, we only help you find the best broker suitable for your needs and some basic trading knowledge. Fxctraders.com is free for everyone, but earns commission from some of the brokers. We get a commission, with no additional cost for you. Please use our link to open your account and we can further provide broker reviews. This company fxctraders.com is further licensed and protected by DMCA, therefore you are sure of securitie of your information and even browsing any outgoing links. Non of your information will be shared to third parties nor our link take you to unsecured website. Please check us for further information DMCA.com Protection Status