ANSWER XM is authorised and licensed by several regulators, including the UK's Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities & Investment Commission (ASIC), DuBai Financial Services Authority (DFSA) and the International Financial Services Commission (IFSC). For more details about this broker you can check our full XM review. As a legit broker overseen by top-tier regulators like FCA, CySEC and ASIC, XM is required to follow a series of rigorous rules and obligations, therefore operating in a relatively credible and transparent way with a secure trading environment. Hence, this broker is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers.
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Score
Business Scope
8.3
Trading Cost
7.5
Trading Platforms
7.6
Support
7.5
Licence Status
Multiple regulation
C
Belize FSC 000261/309
Contact
Ignasius Arnoldi
Great broker ! Payouts are fast,customer support is great.I also like their free webinars and their bonuses!I will stay with them.
Ali
I have traded with XM for several months.I am very happy with the service I am receiving and all the trading service is very good. If they could offer ECN platform I think this company would be overall the best broker for me.
Md Arif Hossain
This broker provides fast execution process and good promotions. Platform is based on the proven Metatrader 4 program which boasts a wide range of indicators and allows users to create and use custom indicators and scripts. It has a range of financial instruments.It also offers high leverage and is regulated by both CySEC and the FSA.
Niloy
I am really glad to work with XM.I'm a beginner in forex tradinge,not professional. I do it just for fun and to learn.XM is a very friendly platform.Again I am saying it's a real pleasure working with XM.
Muhajir
My previous broker had many requotes,but no requotes in XM.I also appreciate my account manager, he helps me to setup my MT4 via teamviewer .
Gorciac Luiza
They are good and responsible and they have good support.They have very professional customer support,samde day they have processed all my withdraws,XEMarkets is a trustable broker
Account Type
8.0
Very Good
Multi-Account Provided But Spread Is High
Features
Trading Platforms
MT4,
MT5
Min Deposit
5.0 USD
Max Leverage 1 : 888
Min Trade Volume
0.01 Lots
Stop Out Level 20%
Commission
0 USD
Spread Type Variable Spread
Account Currencies
ZAR,
SGD,
RUB,
PLN,
HUF,
AUD,
CHF,
JPY,
GBP,
EUR,
USD
Trading Instruments
Indices,
Energies,
Precious Metals,
Commodities,
Forex/Currencies
EA
Hedging
Scalping
NBP
Islamic
Calculator
Account Type
Symbols
Volume in Lots
Lots
Leverage for Margin
Currencies
Expenses
Required Margin 0.00
Spread Cost 0.00
Commission 0.00
Swap Long 0.00
Swap Short 0.00
Deposit and Withdrawal
8.0
Very Good
No minimum deposit & fast withdrawal
Features
Company and Service
8.1
Very Good
Multi-language support & good customer support.
Features
Profile
Headquarters Address
12 Richard & Berengaria Str., Araouzos Castle Court, Limassol, Limassol 3042, Cyprus
Founded 2009
Broker Type
MM/DD
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Mac,
iOS,
Android,
Webtrader,
Multiterminal
MT5
Mac,
iOS,
Android,
Webtrader
Contact
No Data
Others
Website Language
Arabic,
Bengali,
Chinese(Simplified),
Chinese(Traditional),
Czech,
Dutch,
English,
Filipino,
French,
German,
Greek,
Hungarian,
Indonesian,
Italian,
Korean,
Malay,
Polish,
Portugese,
Russian,
Spanish,
Swedish,
Vietnamese
Customer Service By
Phone,
Email,
Live Chat,
Facebook,
Twitter,
Youtube
Supported Language
Arabic,
Bengali,
Chinese(Simplified),
Chinese(Traditional),
Czech,
Dutch,
English,
Filipino,
French,
German,
Greek,
Hungarian,
Indonesian,
Italian,
Korean,
Malay,
Polish,
Portuguese,
Russian,
Spanish,
Swedish,
Vietnamese
Broker News
Clientele Feedback: What are Investors' Opinions of XM?
Jun 24, 2022
Unfortunately, some brokers still follow unethical practices and make people suffer losses. XM is one of those regulated brokers having a bad reputation among investors.
New Zealand FMA Warns Against XM Global Limited
Dec 24, 2021
The New Zealand's Financial Markets Authority (FMA) today published a warning on its website against XM Global Limited.
Pepperstone, Tickmill, Eurotrader and other 4 Companies are Hiring Now
Nov 05, 2021
As the COVID-19 pandemic continues to spread, there are stories almost daily about businesses furloughing employees or laying them off completely as demand dries up.
Well, in FX, CFD and cryptocurrency industry, over a dozen national companies have announced substantial hiring plans. Here's a look at who's hiring and what jobs they're offering.
Overall Score
7.5
56
Reviews
Cost 7.5
Platforms 7.6
Deposit & Withdrawal 8.0
Customer Support 7.5
Indicates the average level of Brokers
Keywords for selection
No Requote
Unstable Server Connection
Worst/Cheated
Responsive Customer Support
Satisified
Deposit/Withdrawal Problems
Reliable & Reputable
Advanced Trading Platform
Regulated & Licensed
Fast Execution
High Leverage
Fast Deposit/Withdrawal
High Spreads
Recommend
Good/Professional Customer Support
56 reviews
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1 - 10 of 56 comments
Niloy
Muhajir
Gorciac Luiza
Ignasius Arnoldi
Ali
Md Arif Hossain
daniel
Abdur Rahman
Kamal Hossain
Muhajir