XM.com is known for its outstanding welcome and loyalty bonuses, it’s changeable spreads, as well as the choice of either narrow or wide leverage, allowing traders to customize their experience as much as is possible. We carried out extensive testing of xm.com to compile this review. Read on to learn about the services that they offer and whether xm.com is right for you.

Special promotion 2020 – XM account bonus
XM bonus account : Get a 100% Bonus up to $5000.This forex promotion is valid for all deposit clients, old and new.

General Information
Maximal leverage ratio: 1:500
Minimal deposit: No
Minimum lot volume: 1,000
Languages available are Russian, English, Chinese, Spanish, Arabic, Hungarian, French, German, Indonesian, Danish Italian, Japanese, Dutch, Malay, Italian, Greek, Indonesian, Dutch, Swedish, and Turkish.
Regulation:ASIC, CySEC, FSP
Trading Platforms: XM MT4, MAC,WEBTRADER, MULTITERMINAL, IPHONE, IPAD, ANDROID
The most used platform is MT4, a platform that is used and appreciated by numerous forex traders from across the globe. The MT4 platform is noted for the choice of market indicators and charting tools provided by the platform, as well as its clear-cut interface and convenient implementation styles. It is also available in twenty languages.
While reviewing xm.com, we checked the firm’s MetaTrade4 and found this to be working fine. As promised, we didn’t experience re-quotes as we had with other forex brokers.

XM MetaTrader 4 windows version you can download here:MT4 / MT5 Platforms

XM.com video tips :
See how to open trading account at XM.com forex broker:

Forex XM mt4 Platforms

XM bids a substantial mixture of exchanging stages, from MetaTrader to the natural XM exchanging post. The MetaTrader 4 stage accompanies Live Feeds for News, and with broad support. XM as of now offers six diverse electronic exchanging stages, they may be utilized by the customers.

• XM MetaTrader 4, third gathering programming with the master consultant

• XM WebTrader 4, third gathering programming for web exchanging

• XM MetaTrader 4 Multi-terminal

• XM MetaTrader 4 for Mac, port of Meta Trader 4 for Mac OS X

XM mt4 vs mt5 platform: XM forex broker offers MT5 platform as well. Currently, in my opinion, there are no big differences in these two platforms because major forex, stocks, indexes, and major financial instruments are on both platforms.

There is XM.com Android application :
Please see how to use Mobile Trader app – How to use the MT4 Android Phone Application Video:

XM broker features
Xm.com provides many unique features and has many other exciting plans in the pipeline that are expected to be introduced in the near future. So, for the beginners, xm.com has some of the highest welcome bonuses obtainable, alongside some generous loyalty bonuses, including a twenty percent welcome bonus in addition to a ten percent bonus on all subsequent deposits. They also advertise the service of a managed account that, while not yet available, guarantees to be popular with traders looking for professional assistance in managing their account. Very few forex brokers currently offer this type of service.

Here you can see how to place orders in XM mt4 platform if you are beginner trader:

Customer Service
xm.com provides customers with a range of contact methods, including the ability to request a call-back, get live chat support, and forward e-mails to specific departments, ensuring you reach the right people. Customers can also choose to call the firm directly at their base in Cyprus, or to use one of the many different contact numbers provided on the XEMarkets website, should they know where their call is directed.
We tested xm.com live chat support several times and were consistently impressed by the professionalism of the respondent, as well as the speed of reply. Both general and technical inquiries were managed with thoughtfulness and care.
The best option is to use a live chat XM forex support center.
We found the e-mail support to be sufficient throughout our review of xm.com. Responses were to the point and received within the six-hour time frame.
XM zero spread account review – XM Broker Extra Features

They have a noteworthy number of 37 feature instructional exercises, webinars in 12 dialects and classes held everywhere throughout the globe. Another merchant has a long way to go by going to this agent.
XM offers a tight spread account and the name of this account is XM zero. XM zero account minimum deposit is $50.

XM Software Information

So as to fulfill the whole audience`s inclinations, XM Forex exchanging site gives the accompanying programming renditions. In the interim, the additional alternative of the XM MAM Trader gives a risk to the merchant to have multiple accounts with an administration highlight. In this way, any new or master Forex merchant will have the capacity to reserve/resource without hardly lifting a finger.

The individuals who need to exchange progressing will likewise be satisfied to overhear that the financier offers a scope of portable exchanging applications that permit customers to screen, oversee and open spots anywhere they are. At present XM give portable exchanging applications good with the larger part of Smartphone gadgets. The scope of stages obtainable by XM is great and ought to be sufficient to fulfill the lion’s share of merchants.

The product sorts that the XM uses are all dependable and permitted. Coincidentally, we have to include that the XM stage is authoritatively managed by the peril foundations in the European Union, so you are without a doubt on a protected spot here. The interface is something else you have to consider, why picking a legitimate Forex intermediary. All things considered, XM has a great deal to hotshot here, as well. Look at it yourself.

Simple to Use
Even beginners to forex will find the xm.com website quick and easy to navigate. All information is provided in a simple, easy to understand way. The registration process was very simple, although it should be noted that, while the firm works with many different languages, the registration form must be completed in English. Registering with the site took only a few minutes.
Deposits and withdrawals can be made by credit cards and are not subject to any fees or commissions. Accepted credit cards include MasterCard, Visa, Diners Club, Switch, and Solo. xm.com also accepts deposits and withdrawals via Neteller, wire transfer, and MoneyBookers, services that do carry a small fee. Regardless, xm.com does not charge customers for using these services.

Ending Thoughts
Although we only spent a few weeks reviewing xm.com, we were incredibly impressed with the consistent quality of service experienced throughout that time. Unlike some other forex brokers, xm.com remains supportive and helpful throughout the trading process.

How to delete XM account

The XM trading platform was founded in 2009, for trading in binary options, stocks and forex exchange (forex). It is one of the largest trading platforms with more than two million users monthly. Since forex trading is advertised extensively, many people have opened an XM account hoping to make money trading. Yet after a few weeks, months, or years, many people realize that they are not interested in forex trading because they are making losses, it is very time consuming or they are making more money using other methods. So they want to find out how they can XM delete accounts so that they do not bother about hacking or other problems.

Closing MT4, MT5 account

If a trader wishes to close the MT4, MT5 trading account, they should ensure that there are no pending withdrawals, no available balance, and no pending trades. The account can be only closed 24 hours after all open trades are closed. Only a verified account can be closed. To close the trading account, the trader will first have to log in to his account. In the account menu, there is an XM delete account option. If this closing option is selected, the account will usually close after 24 hours. However, if trades are opened or money deposited in the account during this 24 hour period, the closure process will be stopped, and the account will be reactivated. The account can also be reactivated from the member’s area.

Stopping emails

One of the reasons why people want to delete their XM account is because they are receiving emails regularly which they find irritating. Owning the XM account takes some time so if the trader wishes to close it, he will not be able to use the XM platform again, without wasting his time. So if they only are finding the emails inconvenient, they can mark them as spam, so that the emails are delivered in the spam folder. Alternately there is an unsubscribe option in the emails, and the trader can opt-out of receiving emails in the future.

Sending email for account closure

To close the XM account completely, the user has to contact XM customer support. The customer support email for XM is support@xmglobal.com. The email should be sent from the email id used for opening the XM account. To prevent confusion, the email should have the title ‘Request for deletion of my XM account’. The trader should honestly specify the reason why they want the XM account closed since XM will appreciate the feedback. He should provide the other account details in the email for account closure. He will usually get a confirmation email that the account closure request is being processed.

How to Trade on XM forex broker platforms?
We’ve listed down 5 steps to trade on the XMMT4 and MT5 platforms. More details you can read in our XM review.

How to trade on XM? In the first step, a trader needs to Open the XM account (only 1 to 3 minutes required). In the next step, a trader needs to select the preferred account type. Then, the trader needs to submit all required documents (24 hours needed for submission and POA, and ID copy is needed.). The next step is to make a deposit (also instant deposit is available) and the client needs to Login to Client Portal of XM for depositing. The last step is to install a trading platform (MT5 or MT4).

Step 1 is to start registration:

If you’re eventually planning you would have to open various accounts with other brokers once as well.

To get more information on HOW TO TRADE ON XM, you can also contact the support team from XM. You can reach them anytime you want.

Opening XM account is free of cost and no fee is charged to hold accounts. However, you’ll be charged after making the first XM deposit. Fee includes swaps, commissions, and spread.

World’s leading financial authorities license, regulate and monitor XM.

For the protection of funds of clients and the prevention of illegal activities like money laundering, XM has to complete the KYC steps with their clients.

XM does and completes the KYC process, and you are required to submit copies of proof of address and personal identification document.

The required document conditions and the format can be found after you login on XM official site.

After completing the KYC process, you’ll validate the account with all options unlocked in the member’s area.

WHAT FUNDS TO INVEST?

With Demo MT4 and MT5 accounts, you trade risk-free without making deposits, as you trade with virtual money.

If you’ve opened a real/live account with XM, you must make a deposit for trading with XM.

Login to members area from the official website, then select your preferred payment method.

Investment funds can be transferred through methods like debit or credit cards, wire transfer, and other online wallets.

The minimum investment amount varies from $5 to $10,000.

Installation of MT4 o MT5 platforms.

For trading Forex, you can select either the MT4 or the MT5.

These are based platform for online trading activities, monitoring markets, and managing orders.

If you’ve opened the MT4 account, you’d have to install the MT4 platform on the official website of XM.

If you’ve opened the MT5 account, you’ll have to install the MT5 platform on the official XM website.

Multiple accounts can be opened with different XM account types.

WHAT CAN BE TRADED ON THE MT4 AND THE MT5 ON XM?

After opening a single XM account, you’re able to trade and access more than 1000 finance instruments.

XM allows you to simply diversify your investment portfolio and manage orders.

1. FOREX CURRENCY PAIRS

Being the world’s largest financial market, forex is a popular market for trading. With MT4 and MT5 on XM traders can trade all Forex pairs like the minors, majors, and the exotics. Also, you benefit through high leverage 1:888.

The leverage of XM 1:888 is a lot higher compared to the industry average and is quite a renowned option among traders.

With high leverage, the XM allows NBP (negative balance protection) in the accounts. In NBP, the maximum loss is always capped to the invested amount.

2. STOCK CFDs

Stocks are offered in CFD (contract for difference) form, thus you’ll not exchange actual stocks after trading XM products.

As stocks get offered as the CFD, you benefit from the following factors.

Higher Leverage

You won’t require the full amount for investing in XM stocks.

Low commissions

With XM unnecessary costs and processes are avoided.

Swaps charged like stocks

Rather than dividing payments, traders get charged or credited as swaps while holding stock positions overnight.

XM stock CFDs list covers leading market players like Facebook, Alibaba, Google, Tesla, Amazon, etc.

3. COMMODITIES

Along with CFDs and Forex, you also get to invest in various agricultural commodities. As the commodities can be offered in CFD forms, you can also speculate on the future downtrend and uptrend movements of the market price.

With CFDs commodity, you make a profit through both falling and rising market prices.

Some commodity markets for trading in XM are:

US Wheat

US Sugar

US Cotton

Copper High Grade

US Soybeans

US Corn

US Coffee

US Cocoa

4. EQUITY INDICES

The most renowned CFD is the Stock Index CFD and is quite a cost-efficient way of investing in the financial markets of the world.

With XM, you get direct and instant stick access to worldwide indices with low cost and high leverage.

Indices are used as world economy health measurement, while you’re able to speculate on both falling and rising prices whenever you’re looking to.

Investment can be made in the following CFDs:

SING

US100

SW120

US500

GER30

EU50

CHI50

JP225

USDX

US30

FRA40

UK100

5. PRECIOUS METALS

This is the safe haven of financial markets, the Silver and Gold are available also on MT4 and MT5.

Silver and gold are pf commodity markets part and they’re liquidating compared to others.

While trading in Silver and Gold, high leverage of 1:888 can be applied with XM.

No re-quotes are there when trading on MT4 and MT5.

6. ENERGIES

XM listed all CFDs energy on MT4 and MT5.

Energy CFDs on MT4 and the MT5 are:

London Gas Oil

Brent Crude Oil

WTI Oil

WTI Mini Oil

These can be traded without any extra fees. With high leverage in XM, you can trade from around 5 minimal margin USD.

7. SHARES

Real stocks (shares) are available to trade on platforms of XM.

The minimum deposited amount for investing in shares accounts is $10,000.

Shares from the USA, German, and the UK are open to investment from XM.

Traders get all necessary info like Dividends, Earning Announcements, or Corporate Actions.

SELECTING FROM MT4 AND MT5 PLATFORMS

MT5 is a newer MetaTrader version compared to MT4 with advanced options. Both can be used in XM and work across all browsers and devices.

WHY SELECT XM MT4

Being the most renowned trading platform out there, a lot of traders find it quite simple to use it instead of the MT5 due to its conventional options and tools. A lot of developed customer indicators and expert advisors work on MQL4 language.

If you’re new and don’t know HOW TO TRADE ON XM, you can make use of MT4 and can continue using this like preferred.

SELECTING THE MT5 (METATRADER5)?

MT5 is available with expanded options with added capabilities.

MT5 is available with more charting tools, order types, and technical indicators.

Also, there is inbuilt market depth in MT5 showing the traders available liquidity at different prices.

With market depth, the market remains transparent.

CLAIMING XM BONUSES

Different bonus promotions are available for XM traders including Deposit Bonus, Loyalty Program, and No Deposit Bonus.

Occasionally the XM runs a lucky lottery and trading contests as well.

1. NO DEPOSIT 30 USD BONUS

The promotion provides new traders with free 30 USD for trading on CFDs and Forex. You only need to open and validate an account on XM.

2. 20% AND 50% DEPOSIT BONUS

This is best for making a deposit and the 20% and 50% bonus is meant for the very first and subsequent deposits on the live trading account.

You get 5,000 USD bonus supporting trading with an additional margin.

A bonus amount isn’t possible to withdraw but is usable for trading for maximizing your account potential.

3. LOYALTY PROGRAM BY XM

After participating in the Loyalty Program, you’re provided with XM points or all trades according to the volume of trading. The XMP gets accumulated in the client portal of XM. Traders can exchange this for additional bonuses in real/live trading accounts.

Traders get higher XMP per low when trading for a longer period with the XM.

Visit and register at XM.

Xm.com broker review
XM is one of the leading foreign exchange (forex) brokers in the world, and millions of traders worldwide are using XM for forex trading. Many of these forex traders are investing large amounts of money for forex trading and would like to find out the XM deposit and withdrawal methods so that they can make a decision accordingly. One of the factors affecting the choice of the deposit or withdrawal method is the country in which the trader is residing. In each country, some payment/withdrawal methods are popular due to a number of factors, and the trader will usually use that method since the fees will be less. Unless specified the currencies for the deposit and withdrawal methods are USD, EUR, GBP, CHF, HUF, PLN, AUD. Some of the deposit/withdrawal methods for XM are discussed below.

XM Deposit and Withdrawal Methods are online payment methods that XM forex broker allows for traders. XM.com deposit and withdrawal methods are Credit card, debit card, Neteller, Skrill, UnionPay, Bank Wire.

XM deposit methods

Credit/debit card

XM accepts deposits using credit and debit cards from Visa, Visa Electron, Mastercard, Maestro. The minimum deposit amount is $5, and the amount is immediately credited to the forex account of the user. There are no fees for using this deposit method. Since most people have a debit or credit card, this deposit method is widely preferred. However, most credit and debit cards have a limit, so the amount which can be deposited is also limited.

Electronic payment

All the electronic payment methods have no fees and a minimum deposit of $5. Neteller, Skrill, and Unionpay are some of the electronic payment methods. For Neteller and Skrill, the amount is credited to the forex account immediately, while for Union pay, the deposit will be processed within 24 hours. Cash only accepts USD deposits and Przelewy24 accepts PLN deposits, and the amount is instantly credited to the forex account. For Bitcoin, deposits in only three currencies USD, EUR, JPY are accepted, and it may take up to one hour for the payment to get processed.

Banking

For Sofort Banking, deposits are only accepted in Eur & GBP. Though the minimum amount is $5, and there are no fees, the processing time for the deposit will vary depending on the country. For conventional Bank transfer of deposit amount in the forex account, at least two hundred USD or equivalent will have to be deposited in the forex account at a time. The fees depend on the bank which is used. The amount deposited in the bank account will be credited to the forex account within two to five business days.

Withdrawal requirement

If a user wishes to withdraw his money from the XM account, they will have to provide the Know Your Customer (KYC) documents which are specified. These documents are necessary to prevent money laundering according to the requirement of the various regulatory bodies in different countries. XM has an online and offline form where personal information and background details of the customer have to be provided. This information will help XM in providing better service to their customers.

Compared to deposits, there are fewer withdrawal methods which are discussed below. Unless specified the XM user will have to withdraw at least five USD at a time and there are no fees for withdrawal. The processing time for the withdrawal request is usually 24 hours on working days if the customer has completed the KYC requirements and submitted the documents required. These documents are the identity proof and proof of address of the trader. However, the amount will be credited to the linked bank account usually only after three to five business working days.

Credit cards and electronic payment

Visa, Visa electron credit and debit cards, Maestro and Mastercard credit cards can be used for withdrawing funds. Unionpay is another option for fund withdrawal. Similarly, Skrill ( earlier called Moneybookers) and Neteller are electronic payment methods used for fund withdrawal. Bitcoin can also be used for withdrawing the money in the XM account, though funds can be only withdrawn in USD, EUR, and JPY. Usually, credit/debit card withdrawals are given top priority by XM, followed by Bitcoin withdrawals and Neteller/Skrill (e-wallet) withdrawals.

Bank wire transfer

Many of the forex traders are trading in large amounts, and they prefer to make bank wire transfers to withdraw their profit.

The smallest amount permitted for making a withdrawal to a bank account is two hundred dollars. The fees for withdrawal will vary based on the bank selected by the trader. The amount is usually credited to the bank account two to five business days after the withdrawal request is made. XM may process the bank withdrawal requests more slowly.

Fund safety

To keep the funds of their clients the forex traders safe, XM is taking all measures to prevent unauthorized access of their information systems. All the funds of their clients are segregated and kept with the most reputed banks worldwide. Additionally, XM is also offering negative balance protection to their clients. XM has a risk management system implemented which will ensure that the loss of the trader will be limited to the amount deposited with XM only.

Forex trading without any deposit

Many people are interested in forex trading, yet do not have the money to take the risk. However, it is still possible to get some experience in forex trading without making a deposit

No deposit bonus

To encourage people who are curious about forex trading, XM is offering a $30 no deposit bonus to all those who create a new account with XM. This allows the new trader to take the risk of trading without risking his own money. The amount is directly credited to the live trading account and helps the trader understand market conditions

Demo account

XM also allows new traders to create a demo or virtual account to trade in forex with virtual money. For each account that has been created, the trader will be given $50,000 in virtual money, which he can use for trading, becoming familiar with the features, and testing strategies. A trader can create any number of demo accounts, to practice trading. If the demo account is inactive for a long period, it will be deleted immediately.