XM.com official forex broker review

XM is a next generation investment firm enabling investors from 196 countries around the world to trade forex, precious metals, stock indices, and energies. It complies with the legal and operational frameworks’ of its regulators, the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). The company is also registered with the New Zealand FSP, the UK’s FCA, and many other European regulatory bodies.

From the founding of the company in 2009, XM has been committed to providing fair and transparent trading conditions for all clients irrespective of their capital worth. Traders enjoy the best execution available anywhere, bolstered by a strict no requotes and no rejections policy.

Trading Accounts and Platforms

Opening an XM Real Account is a secure and convenient process, requiring just a few minutes in order to complete the online application form which is available in a variety of languages. During the account opening process, clients can specify their base currency from these options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD and ZAR. Flexible leverage is also offered and ranges from 1:1 to 888:1.

Tight spreads are offered on over 60 financial instruments. The same spreads are offered regardless of the trading account type in use. Fractional pip pricing is also available to ensure that XM clients can trade with even tighter spreads and benefit from the most accurate pricing possible.

Clients have a wide variety of platform choices available so that they can trade on their preferred device. These include MT4 for PC and MAC, in addition to a variety of mobile apps that are compatible with the most popular smartphones and tablets.

Account Funding and XM Cards

As an investment firm, XM believes in making the transfer to and from trading accounts as straight forward as possible. This is why account funding is 100% automatic and all deposits are processed instantly 24 hours a day, 7 days a week.

To ensure the protection of client funds from being used for other purposes, all client funds are kept in segregated accounts with only tier-1 banking institutions.

The use of an XM Card which we offer can give you even greater access to your trading account funds in the most convenient and direct way. There are three card types available: XM USD MasterCard, XM EUR MasterCard, and XM USD Shanghai (China UnionPay) and each card is directly connected to an MT4 account. Popular uses for XM Cards include withdrawing cash from ATMs and making purchases at stores or online.

Free Education

XM wants its clients to make informed trading decisions and to have the skill and knowledge to realize their trading potential. In order for our Clients to be fully forex trained, a wide range of educational material is available to all clients, including free weekly interactive webinars, bespoke MT4 video tutorials, and regular seminars taking place in different locations around the world.

Loyalty Program

XM operates a comprehensive loyalty program that is designed to provide unlimited rewards for clients based on their loyalty status and how active they are as traders. On every lot traded, a number of XM Points (XMP) are awarded. These points can be accumulated and redeem at any time, and as often as desired for trading bonuses and even real cash rewards. The more that is traded, the more points that are earned, the more rewards that will be received; it is that simple.

Customer Support

Customer support is provided on a 24/5 (including now weekends) basis via telephone, email, and live chat. Our expert team speaks over 20 languages and is always happy to provide assistance. In addition to this, each client is assigned a dedicated account manager when they open their account, this provides a more personal level of support and helps to build a long term relationship based on trust and respect.