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This XM review gives you all the key facts you need to decide if it’s the right platform for your money. 


Let me tell you the Story

Established in 2009, the company is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission (IFSC), and holds client funds separately from its own.

It offers more than 1,000 financial instruments, including Forex, Stocks, Commodities, Indices, Metals and Energy CFDs on the globally-recognized platforms MetaTrader 4 and MetaTrader 5.

XM offers three types of trading accounts: Micro, Standard, and XM Zero, all of which have low spreads starting at just 1 pip. Minimum deposits are as low as $5, and Islamic accounts are swap-free. Live chat, email, and telephone support are available from 5am to 7pm GMT.

Users at all levels will appreciate the extensive research and education section on the website. Research is provided by the broker’s Market Overview, XM Research, Trade Ideas, XM TV, Podcasts, and Technical Summaries sections. Education programs offered by the company include Forex Webinars, Seminars, Platform Tutorials, and Educational Videos.


XM does not charge commissions on stock trading; there are no brokerage fees for opening or closing positions. Leveraged and short positions are not affected by this. Fees for trading CFDs are low. The trading fees for a $1,000 long position held for a week are average for Forex trading. 

Deposits & Withdrawals Review



How long will it take for my deposit to show on XM?

With a debit or credit card, you can make the deposit instantly. A bank transfer takes 2-3 business days.

When will I have access to my money if I withdraw from XM?

Withdrawal via bank transfer takes around 2 working days.

What is XM minimum deposit?

The Minimum Deposit is $5 

Can I withdraw any amount?

There’s a minimum limit of $100.

Does XM charge withdrawal fees?

There are no withdrawal fees with create cards, However, there is a $15 per withdrawal for bank transfers below $200.

Are there any terms on where I direct any funds I withdraw?

All withdrawal must be under the same name that the deposit was made with.

Accounts Type Review

  • XM offers a variety of account types, each with its own benefits and features. Each account type offers different leverage amounts based on the regulatory jurisdiction. There is a choice of commission-free or commission-based accounts as well as Shares accounts (depending on global region), Islamic swap-free accounts and a demo trading account.
  • Despite the fact that accounts can be funded in multiple currencies, they will be converted to USD. The process of opening a live account is simple and can be completed in two steps. 

Assets Review

With XM, you have the opportunity to trade a broad range of CFD instruments, including 55+ instruments

with more then 25+ Indices you can trade with XM.


The Australian Securities and Investments Commission (ASIC)

The Cyprus Securities and Exchange Commission

The International Financial Services Commission is the Belize

The Dubai Financial Services Authority is the financial regulatory agency 

Is XM a market maker?

The company is has no dealing desk.

Is XM a trustworthy broker?

XM well established broker with a good reputation. regulated with ASIC (Australia), CySEC (Cyprus), IFSC (Belize), DFSA (United Arab Emirates). The money that is funded to XM is placed into a segregated bank account at a tier 1 bank. XM will not hold your money directly, but rather a tier 1 bank. Your money cannot be accessed directly by the broker.

Where is XM Headquarters country?

12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus