Xm.com broker review
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
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: 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.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.
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 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. 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.
