XM offers multiple account options tailored to various trading styles, budgets and experience levels. For those residing in the EU, the account types available are XM Ultra Low Micro, XM Ultra Low Standard and XM Zero Accounts. Those residing in the AU have access to Standard, Micro and XM Ultra Low Accounts. As the broker provides opportunities for both types of traders, whether they want to bear commission with zero spreads or do commission-free trading with avg spreads. If you are looking for a broker with commission-free trading and the tightest spreads at the same time, Admirals might be an option for you to consider. The XM Market Overview section is dedicated to the latest market news, research and analysis.

This is not just for the best possible trading conditions but also the simplicity they can offer you when it comes to everything from opening an account to making deposits/withdrawals, contacting support and trading. XM Group offers a variety of unique features and tools designed to enhance traders’ decision-making processes and provide valuable insights into market trends and trading practices. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

1. Because XM Group believe that with the right tools and guidance anyone can learn to successfully trade the financial markets, they have designed these special video guides to teach all interested viewers everything they need to trade successfully.
2. I found XM’s live chat the easiest and quickest way to contact customer support and the best part is, you will get instant response from human representatives during working hours and they will answer your questions.
3. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
4. This website is using a security service to protect itself from online attacks.

I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. When holding positions overnight, traders might incur swap rates, also known as overnight fees. These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded. XM may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days). This fee encourages active trading and helps cover administrative expenses.

Nurturing Traders of All Levels

We have clients from over 190 countries and staff speaking over 30 languages. Our management has visited over 120 cities globally to understand clients’ and partners’ needs. Now available – For clients with an equity of less than $40k – T&Cs apply – Read more. By signing up, you agree to the Terms of Use and Privacy Policy & to receive electronic communications from Vice Media Group, which may include marketing promotions, advertisements and sponsored content.

Big, Established and Experienced

If you are looking to trade cryptocurrencies with all other benefits, Markets.com might be a good alternative for you. Those of you with some experience will probably not find anything new here. In saying that, there are some unique trading strategies that I found inspiring and learnt some new things to implement into my own trading. When it comes to trust and security, XM has taken significant steps to establish itself as a regulated and secure broker. Read our full explanation and accounting of our research and testing process to learn more about how we test.

This combination of features explains why over 10 million traders prefer XM across 190 countries and accounts for its 30+ industry awards. XM is a well-regulated and award-winning multi-asset forex and contract for difference (CFD) broker renowned globally for its low fees on 1,000+ instruments. These instruments encompass CFDs on stocks, commodities, equity indices, precious metals and energy, which you can trade on the popular MT4/MT5 platforms and XM mobile app for convenient trading on the go.

They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. XM offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. XM offers a transparent fee structure that traders can consider when evaluating their trading costs. In this review, you can find all the information you need to decide whether is the right broker for you.

There is a section on the XM website where you will find plenty of great videos that cover the latest market action in an easy to understand manner. The broker inhouse experts discuss market movements, research and analysis. This section of the XM website gives you plenty of up to date news articles that cover the latest market news and movements.

I love their benefits but once you receive an email from them saying that you are restricted, they will never help you trade with them again. Upgrade your trading game with TradeLocker’s comprehensive suite of tools designed to help both novice and experienced xm group users make quick and accurate market decisions. Learning information about a broker is an entire process you need to consider every time before signing in a particular website. And part of this process is to see if the available bonuses are ok for you.

Is XM Group legit?

Reputable financial authorities regulate the broker in multiple jurisdictions representing each online trading entity that makes up the brand. These include the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), the Financial Services Commission (FSC) in Belize for XM Global and the Dubai Financial Services Authority (DFSA). This is a great way to get feedback from industry professionals who know what matters the most to traders. The XM VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity.

Markets Overview

The broker’s transparent fees and varied account types offer flexibility to orders. While industry-standard fees include overnight funding and currency conversion, the inactivity fee may concern less active traders. Overall, XM’s user-friendly fee structure and competitive spreads make it attractive to traders.

I didn’t have any problems opening an account and login on a regular basis without any hiccups along the way. These factors combined with a no-requotes and no extra commissions policy ensures that XM Group are amongst one of the best trading brokers you can trade with in my opinion. XM is a well-rounded broker suitable for traders of varying experience levels.

Desktop Trading Apps

This includes daily market updates, economic events, tutorial videos, webinars, seminars and more. This section is frequently updated by 20 multilingual market professionals providing a diverse library of knowledge to assist traders of all levels, from the novice to more advanced trader. XM Group accepts clients from all over the world, excluding the USA, Canada, Israel, and Iran. If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. I would always prefer to trade with a regulated broker as it gives me the peace of mind that my funds are safe. However, keep in mind that different regulators have different levels of protection.

It has an additional 1000 CFDs on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage. If you want as many trading instruments at your disposal, then you should probably opt for MT5. Even if you only trade forex now, think about how easier it would be if you want to diversify in the future.

By using our LiveChat, you agree that any personal data provided via LiveChat will be processed by us, as per our Privacy Policy, for the purpose of receiving assistance from our Customer Experience team. SiriusXM offers live play-by-play coverage of every NFL, Major League Baseball, and NBA game; every NASCAR race; PGA Tour events; and live college sports, as well as news, analysis and opinions from more than a dozen dedicated sports talk channels. Starting from customer support to withdrawals they have been there for me. Learn to Earn Intraday Trading is the sequel of the renowned seminar Learn to Earn Multiple Time Frame Trading, tailor-made specifically for seasoned traders who have a grasp of Technical Analysis and want to intraday trade the markets.