XM is a well-known online trading platform offering services in forex, CFDs on stocks, commodities, indices, metals, energies, and cryptocurrencies. It is regulated by several authorities, including CySEC, ASIC, and FCA, ensuring a high level of trust and compliance. XM supports popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web, and mobile devices. It offers various account types, including Micro, Standard, XM Ultra Low, and Shares, each with different features such as leverage up to 1:888 and competitive spreads starting from 0.6 pips. Some accounts operate on a commission-free model, while others may have small commissions. XM is known for its comprehensive educational resources, including webinars, seminars, video tutorials, and market analysis, making it a strong choice for both novice and experienced traders. Customer support is available 24/5 via live chat, email, and phone in multiple languages. The broker frequently offers promotions and bonuses, though these may be subject to regional regulatory restrictions. XM supports various deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller, with fast processing times and typically no fees. Despite its many advantages, some account types may have higher spreads compared to other brokers, and the availability of bonuses can be limited depending on the region. Overall, XM’s strong regulatory framework, diverse trading instruments, multiple account options, competitive trading conditions, and extensive educational support make it a reputable and attractive choice for traders globally.
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Leverage - up to
1:2000
Licenses
CySec (Cyprus)