XM

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Rating
Information
BrokerXM
CompanyTrading Point holdings Ltd
Year since2012
HeadquartersLimassol, Cyprus
RegulationASIC(AFSL #443670), FSP235905, .CySEC 120-10, FCA(FSA,UK)538324 ,MiFID,
BaFin, CNMV, AFM Netherlands, FI Sweden, FIN Finland, PSZÁF Hungary, CONSOB Italy, ACP France, KNF Poland.
ModelSTP+DMA & MM
US Clientsno
Min Deposit($)5
ECN Account Min Deposit($)no
ECN Commission($)/rtl(Round Turn Lot)
Offer Fixed Spreadno
Offer Variable Spreadyes
EURUSD Lowest spreads (pips)1
Account CurrencyUSD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB
Max Leverage888
Minimal Lot0.0001
Deposit MethodBank Wire, Credit Card, -Neteller, -Skrill, -WebMoney, -WesternUnion, -MoneyGram, UnionPay(China), SOFORT
Withdrawal methodBank Wire, Credit Card, Debit Card, -Neteller, -Skrill, -WebMoney, QIWI
Scalpingyes
Hedgingyes
All EAs Allowedyes
Currency Pairs56+
Goldyes
Gold Spread(100oz)>40
Silveryes
Silver Spread(5000oz)>3
Oilyes
CFDsyes
Other InstrumentsStocks, Indices, Commodities, Energies
MAM/PAMM AccountsMAM
Managed Accountsno
Swap-free accountsyes
Segregated Accountsyes
Interest on Marginno
Bonuses & Rewardsyes
Trading contestsyes
Trading platformMT4 ,
Platform ExecutionMarket execution
Platform Time ZoneGMT+2
Trailing stopsyes
OCO ordersno
One-click executionyes
Trade with mobilephoneyes
Trade in browseryes
APIno

Company: Trading Point holdings Ltd

Advantages ( & Claims made by the broker)

Regulation:

  • Licensed and regulated byCySEC (Cyprus Securities and Exchange Commission) under license number 120/10;
  • In compliance with MiFID (Markets in Financial Instruments Directive), registered under license number HE 251334;
  • Operation according to the Cypriot Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007);
  • Registered with FSA (Financial Services Authority), UK, under reference number 538324;
  • Full EU-authorization, including BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), Germany, under registration number 124161; CNMV (Comisión Nacional del Mercado de Valores), Spain, under registration number 2010157773; AFM (Autoriteit Financiële Markten), Netherlands;FI(Finansinspektionen), Sweden; FIN (Finanssivalvonta Finansinspektionen), Finland.

Advantages:

  • Regulated by CySec and authorized by all EU countries, including the FSA, BaFin, AFM, CNMV, FI, and FIN
  • Clients’ money is segregated from company funds, and it cannot be used either by XM or liquidity providers.
  • XM provides market access and trade execution services in over 100 financial instruments, including forex, metals, energies, commodities and stock indices.
  • 100% execution, 99.35% in under 1 second
  • Trading platforms and trading conditions suit a diverse global clientele, having 100% execution of orders and no-requotes policy as its distinctive features.
  • XM deliver tight spreads, together with best execution in the industry, and exclude any delay factors that can affect clients’ trading performance.
  • No Virtual Dealer plug-in
  • Tight spreads from 1 pip for every single trader and investor. XM operates with variable spreads, just like the interbank forex market. Because fixed spreads are usually higher than variable spreads
  • Instant deposits with zero fees, same day withdrawals
  • Flexible leverage up to 888:1
  • No negative balance
  • Multilingual customer support is available 24 hours a day, and Personal Account Manager is available for professional assistance round the clock during 5 business days.
  • Phone trading
  • Free market analysis from industry experts

Execution Policy

  • 99.35 of all orders executed in less than 1 sec.
  • Strict NO re-quotes policy – NO Virtual Dealer plug-in
  • 100% execution rate – no rejection of orders
  • Real-time market execution
  • Placing orders online or by phone
  • You may only hold up to 200 positions open simultaneously (per client and including pending orders).
  • XM guarantee fills on market orders up to 20 lots (2 million). However, if you intend to deal in an amount even bigger than this, you can either split up the order into smaller trade sizes, or request your full trade by telephone.
XM4.96428571428577

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9 thoughts on “XM

  1. love spell says:
    Country & City  https://0lovespells0.blogspot.com/
    Experience with this broker  love spell

    Hello,I log on to your new stuff named “XM Reviews, XM Forex – FX-C.com” daily.Your story-telling style is witty, keep doing what you’re doing! And you can look our website about love spell.

    Did you find this review helpful? Yes   No

  2. ko says:

    Rating

    good

    Did you find this review helpful? Yes   No

  3. Federico says:

    I have not traded with xemarkets but i recently opened an account because they were recommended to me by a friend. He uses it and likes it.

    Did you find this review helpful? Yes   No

    Feedback: 1 positive
  4. Etienne says:

    Rating

    they are very good forex broker they never trade against you and also their pip spread is low.

    Did you find this review helpful? Yes   No

  5. Ehis says:

    Rating

    XM is one of the best brokers. They have low spreads,fast order execution and very helpful support.

    Did you find this review helpful? Yes   No

  6. Zakir says:

    Rating

    I registered a real account with XM through a $25 No Deposit Bonus Offer which was available at the time. Over a period of 60 days I had managed to grow my account to a balance of $881 and filed for a withdraw which was processed on September 7th and received by me on September 12th.

    I was impressed and very happy about my success with this promotion. I have had a very good experience with XM and their trading execution has been very quick and has No Requotes as promised.

    Did you find this review helpful? Yes   No

    Feedback: 2 positive
  7. Ksiztov says:

    Rating

    Their online support is nice and quick. the only difference I noticed is they use 5 digits in price quote and when trading you need to use a “pending order” in order to be able to set your stop and take profit, other than that I trade news without requote or platform freeze. min lot size 0.0001 for mirco account.

    Did you find this review helpful? Yes   No

  8. samoru says:

    Rating

    Below is the introduction that I find from their support,I think it’ pretty good:

    XEMarkets DMA/STP Cyprus
    CySEC, FSA UK

    Independent broker.
    In industry since: 2009
    Takes US residents
    $1 mini
    $10k standard
    NO ECN
    Account Denomination: USD, EUR, GBP, CHF, AUD, JPY

    500 : 1 – Micro account
    200 : 1 – Standard account

    Minimal Lot is 0.01 lot – Micro account
    0.01lot – Standard account

    Funding: Bank wire, credit card, Paypal, Moneybookers, Neteller
    Withdrawal: Bank wire, credit card, Paypal, Moneybookers, Neteller

    No commission, Variable Spreads and you have upto 5 decimal spot pricing

    Lowest Spreads on EurUsd as low as
    1.4 pips – Micro account
    1.4 pips – Standard account

    It allow Hedging, Scalping, EA’s, Trailing Stops, Mobile Trading, 70 currency pairs, gold and silver, Managed accounts, swap free accounts, Segregated accounts, and bonuses

    It dissallow one click trading, web trading, API trading, OCO orders, MAMM PAMM, or interest

    Trading Platform is mt4


    a). There are no deposit or withdrawal fees charged and we in fact pay all 3rd party transaction costs for all deposit and withdrawal methods, with the exception of Bank wire (where we will cover our end’s costs). That is to say that if you deposit $100 by Credit Card and then withdraw $100, you will have the full amount reflect in your CC balance.

    b). We provide for free, 3 Daily Fundamental Market Reviews (both to our Demo and Real clients), which are sent via email to our clients, of the three daily sessions (European, Asian, USA) as well as frequent up to date news releases through our website pending on the economic events of each day.

    c). We are very customer oriented and as such attempt to please the needs of all our clients. Through this we have added the ability for our clients to open a fixed spread account as well as enabling for Islamic accounts to be opened.

    With regards to the Leverage and margin rates, please note the following:

    1). For a Micro Account you may choose a leverage of up to 1:500; your positions will be closed (for all currency pairs) when a Margin level of 5% is reached.

    2). For a Standard Account you may choose a leverage of up to 1:200 (by default – bespoke solutions may be provided, though which a higher leverage may be acquired); your positions will be closed (for all currency pairs) once a Margin level of 20% is reached.

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  9. Vlad says:

    Rating

    Now they no longer accept us clients, I had really enjoyed having Xemarkets as a broker. I was getting sick of the rules U.S. brokers have to follow now. Why is it I can’t hedge trades anymore?

    Did you find this review helpful? Yes   No