This XM.com forex broker review shows that XM is a reputable broker that is ASIC, CySEC, FSP regulated. Traders can get up to a $5000 trading bonus and trade indices, gold, oil, stocks, and various currency pairs. XM offers low withdrawal fees and a $30 free no deposit required deposit bonus.
XM Xemarkets broker changed old domain Xemarkets. com to new one xm.com a few years ago. Some old websites still write about Xemarkets.
XM.com is known for its outstanding welcome and loyalty bonuses, its 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.
XM bonus review
XM forex broker offers a 100% bonus of up to $50000 for all traders who trade for the first time. Additionally, first-time traders can try a $30 no deposit required free bonus and test real live account trading without the risk.
Special promotion – XM account bonus
XM bonus account: Get a 100% Bonus of up to $5000.This forex promotion is valid for all deposit clients, old and new.
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
XM Broker Time Zone: GMT+2
The most used platform is MT4, a platform used and appreciated by numerous forex traders worldwide. The MT4 platform is noted to choose market indicators and charting tools provided by the platform and 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 a 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; the customers may utilize them.
- 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, the port of Meta Trader 4 for Mac OS X
XM mt4 vs. mt5 platform: XM forex broker offers an MT5 platform as well. Currently, in my opinion, there are no big differences between these two platforms because major forex, stocks, indexes, and major financial instruments are on both platforms.
There is an XM.com Android application :
Please see how to use the Mobile Trader app – How to use the MT4 Android Phone Application Video:
XM deposit and withdrawal methods
XM offers various deposit and withdrawal payment options. XM deposit and withdrawal methods are credit card, bank wire, Skrill, Neteller, and various electronic payment methods.
XM broker features
Xm.com provides many unique features and has many other exciting plans in the pipeline that are expected to be introduced shortly. So, for 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 accounts. Very few forex brokers currently offer this type of service.
Here you can see how to place orders in the XM mt4 platform if you are a beginner trader:
XM 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 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 respondent’s professionalism and reply speed. 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 offers a zero spread account tight spread account, and the name of this account is XM zero. XM zero account minimum deposit is $50. However, although the spread is almost zero the commission for the XM Zero Account is $3.5 per $100,000 traded.
They have a noteworthy number of 37 feature instructional exercises, webinars in 12 dialects, and classes held everywhere. Another merchant has a long way to go by going to this agent.
XM Software Information
To fulfill the whole audience`s inclinations, XM Forex exchanging site gives the accompanying programming renditions. The additional alternative of the XM MAM Trader gives the merchant risk multiple accounts with an interim 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 gives 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 peril foundations authoritatively manage the XM stage 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.
XM broker registration
XM brokers registration starts using the simple form. Later, traders need to enter many details, such as an address, employment status, average income, and properly send verification documents.
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 straightforward, although it should be noted that the registration form must be completed in English while the firm works in many different languages. 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.
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.