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XM

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7.2
( 66 Reviews )

Founded: 2009 Min Deposit: -

Headquarters: Limassol, Cyprus Max Lev: 1 : 888

Score
Business Scope
8.3
Trading Cost
7.2
Trading Platforms
7.3
Support
7.2
Licence Status

Multiple licenses

CySEC 120/10
FCA 705428
ASIC 443670
Authorised
Authorised
Authorised
Contact
+501 2236696
support@xmglobal.com
https://www.xmbrokerfx.com/
Account & Cost Deposit & Withdrawal Company & Service Broker News Related Complaints Reviews

Deposit and Withdrawal

7.0

Good

No minimum deposit required & fast withdrawals

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Company and Service

8.1

Very Good

Multilingual support and good customer service.

Profile
Headquarters Address
12 Richard & Berengaria Str., Araouzos Castle Court, Limassol, Limassol 3042, Cyprus
Founded 2009
Time Zone GMT+2
Credit Profile No information
Trading Platforms
Contact
No Data
Others

Broker News

Is XM Good for Beginners? A Comprehensive Review and Analysis 2023-09-15
XM is an ideal broker for beginners, offering user-friendly platforms, educational resources, and strong security measures for confident trading.
Clientele Feedback: What are Investors' Opinions of XM? 2022-06-24
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 2021-12-24
The New Zealand's Financial Markets Authority (FMA) today published a warning on its website against XM Global Limited.

Related Complaints

Q&A Complaints

Hi! I'd really appreciate your professional opinions for XM. Thanks in advance!

palani
Cuba
2021-11-29
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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Please let me know what do you think about XM? All I know is, this broker authorised and properly regulated.

Amir
Mexico
2021-12-06
ANSWER XM is a legit broker overseen by top-tier regulators, and therefore is required to follow a series of rigorous rules and obligations. It operates 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. For more details about this broker you can check our full XM review.
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Overall Score

7.2
66 Reviews

Cost 7.2

Platforms 7.3

Deposit & Withdrawal 7.0

Customer Support 7.2

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

66 Reviews

Sort by

Niloy

2022-11-22 0-6 months
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.
Italy
7

Muhajir

2022-10-24 7-12 months
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 .
Finland
4

Gorciac Luiza

2022-11-05 0-6 months
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
Malaysia
2

Ignasius Arnoldi

2022-10-25 0-6 months
Great broker ! Payouts are fast,customer support is great.I also like their free webinars and their bonuses!I will stay with them.
Russia
4

Ali

2022-12-27 0-6 months
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.
Cyprus
3

Md Arif Hossain

2022-08-27 0-6 months
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.
Greece
3

daniel

2022-09-14 1-3 years
I used to trade in XM in my early trading years. I must say, they are very trusted. But the main problem is the Spread. Their cross currencies' spread is way too much and practically for a Day Trader, I dont recommend XM. However, now they're offering Ultra Low accounts, I believe it should be good. I was waiting for an account with low spreads but i didn't get any at the time of my trading with XM. The reason why I recommend this broker to traders is because of their execution speed. They have one of the fasted execution speed when it comes to take trade in high volatile market. My experience was pretty good.
Brazil
4

Kamal Hossain

2022-12-28 0-6 months
XM is the most fraud broker I ever seen. Last night the XM server had a technical problem and they closed all my open positions,and today they are telling me that all issues had been addressed and resolved,which is really not true!
Colombia
3

Abdur Rahman

2023-03-12 0-6 months
This company is not serious, they change the points without informing their customers!!!! I work with many different brokers and this one is by far the worst and the most expensive. I will cancel my account. Watch out!!!!!
South Africa
2

Md Abul Kasem

2023-06-08 Over 3 years
I've been with this broker for over ten years and I have not had any problems with this broker.Satisfied!
Australia
1

1-10 of 66 comments

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.