XM is a leading online trading platform, established in 2009, offering a diverse range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies. Known for its transparent pricing, tight spreads, and fast execution, XM caters to traders of all experience levels.
Outstanding ingredients
Up to now, XM currently has more than 3.5 million customers, owns 4 high-level operating licenses and many prestigious awards. Here are some of the key awards received by XM in recent years:
- Global Forex Awards Retail 2021: XM was honored with “Global Forex Broker of the Year” and “Most Trusted Forex Broker – Global”
- CFI Awards 2021: XM won the “Best Customer Service – Global” and “Best Trading Experience – Global”
- City of London Wealth Management Awards (COLWMA): XM received the “Best FX Service Provider” award for the fourth time since 2017
Operating license
XM is a globally regulated brokerage operating under several reputable licenses. Key regulatory authorities overseeing XM include:
- Cyprus Securities and Exchange Commission (CySEC) – Trading Point of Financial Instruments Ltd is licensed under CySEC, ensuring compliance with European financial regulations.
- Australian Securities and Investments Commission (ASIC) – XM operates under ASIC through its entity Trading Point of Financial Instruments Pty Ltd, adhering to stringent Australian financial standards.
- Financial Services Commission (FSC) of Belize – This provides global reach while maintaining regulatory oversight in emerging markets.
- Dubai Financial Services Authority (DFSA) – XM also holds a DFSA license, strengthening its presence in the Middle East region.
Security and Reliability of the XM Platform
Privacy policy
XM ensures that it has its own system to store and keep all personal information and cookies of users confidential. User information will not be provided to any third party, except where required by law and with the consultant’s consent.
In addition, XM is also committed to protecting personal information and protecting the privacy of all customers according to current data protection regulations.
XM compensation fund
XM offers a solid layer of client protection through its participation in the Investor Compensation Fund, which provides insurance for retail client funds up to €20,000. This compensation mechanism ensures that, in the event XM becomes insolvent or fails to meet its obligations, eligible traders are covered.
XM’s commitment to security extends to other areas as well, including the use of segregated client accounts held with investment-grade banks and negative balance protection, which prevents traders from losing more than the funds in their accounts
Outstanding features of the XM platform
Diverse Trading Instruments
One of the standout features of XM is its diverse range of trading instruments. Traders can access a wide variety of financial products, including Forex, CFDs on stocks, commodities (such as gold, oil, and gas), stock indices, precious metals, and energies. This extensive selection allows clients to diversify their portfolios and explore multiple markets, providing flexibility to respond to global economic events and capitalize on various market trends.
Whether a trader is interested in short-term forex strategies or long-term commodity investments, XM offers tools to meet those needs.
Advanced Trading Platforms
XM’s advanced trading platforms are a key advantage for traders, offering a seamless and efficient trading experience. The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most popular and trusted platforms in the industry. These platforms provide a wide range of trading tools, including advanced charting options, technical analysis features, and automated trading capabilities.
MT4 is widely known for its ease of use and is ideal for traders seeking a straightforward, reliable platform, while MT5 offers enhanced features such as more timeframes, order types, and greater compatibility for trading multiple asset classes.
Educational Resources
XM provides a robust suite of educational resources designed to support traders at every stage of their journey. The platform offers live webinars conducted by professional traders and market analysts. These webinars cover a variety of topics, from fundamental and technical analysis to strategies for improving trading performance. Traders can interact in real-time, ask questions, and receive immediate feedback, enhancing their understanding of market dynamics.
In addition to webinars, XM provides a comprehensive video tutorial library that helps new traders familiarize themselves with the platform and its features, while also offering more advanced content for seasoned traders looking to refine their strategies.
Customer Support and Security
XM’s customer support is a standout feature that sets it apart from many other brokers. The platform offers multilingual support, with assistance available in over 20 languages to ensure that traders from all around the world can receive help in their preferred language. Whether through live chat, email, or phone, XM’s support team is responsive and available 24/5, allowing traders to get timely help with any issues or questions they may have.
The customer service team is highly trained, offering expertise in both technical and account-related queries. This level of support ensures that traders feel confident and supported throughout their trading experience.
Many payment options, quick deposits and withdrawals
One of the key advantages of trading with XM is its wide range of payment options, making it easy for traders to fund their accounts and withdraw profits. XM supports various payment methods, including credit and debit cards, bank transfers, electronic wallets like Skrill, Neteller, and WebMoney, as well as regional payment solutions.
Whether you prefer traditional banking methods or modern e-wallets, XM ensures that there are plenty of options to suit your preferences, making the trading process more accessible to a global audience
Types of accounts on Exness
Standard account
Open our most popular account to get bonuses that boost your trading power and reduce the risk to your capital.
| Types | Standard |
| Minimum deposit | $5 |
| Spread³ | GOLD 2.7 ; USDJPY 2.0 ; EURUSD 1.6 |
| Commission | No commission |
| Maximum leverage | 1:1000 |
| Instruments | Forex, Precious Metals, Equity Indices, Cryptocurrencies, Thematic Indices, Stocks, Turbo Stocks, Commodities, Energies |
Ultra Low account
The ideal choice for trading high volumes. Reduce your costs with low spreads and even lower swap fees and commissions.
| Types | Low account |
| Minimum deposit | $5 |
| Spread³ | GOLD 1.6 ; USDJPY 0.9 ; EURUSD 0.8 |
| Commission | No commission |
| Maximum leverage | 1:1000 |
| Instruments | Forex, Precious Metals, Equity Indices, Cryptocurrencies, Thematic Indices, Stocks, Turbo Stocks, Commodities, Energies |
Share account
Looking to buy shares in a company? Open a Shares Account to take a stake and seize stock market opportunities.
| Types | Share |
| Minimum deposit | $10,000 |
| Spread³ | No |
| Commission | Yes |
| Maximum leverage | 1:1 |
| Instruments | Shares |
Types of platforms on XM
MT4 Platform
- 200 trading instruments across 6 asset classes: Forex, metals, cryptocurrencies, energies, indices, and stocks.
- 50 technical indicators, 3 chart types, and 9 timeframes to enhance analysis and strategy development.
- 6 types of pending orders available: Buy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, and Stop Loss, offering greater flexibility in trade execution.
- Maximum leverage of 1:infinity, giving traders the ability to magnify their positions, depending on their risk appetite.
- 5 account types: Standard Cent, Standard, Pro, Raw Spread, and Zero accounts to suit various trading needs.
- Low spreads starting from 0.0, helping traders manage costs effectively.
MT5 Platform
- 200 trading instruments including Forex currency pairs, metals, digital currencies, and energies.
- 38 indicators, 22 analytical tools, 3 chart types, and 21 timeframes (both default and custom) to enhance technical analysis.
- 8 types of pending orders, including Buy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, Stop Loss, Buy Stop Limit, and Sell Stop Limit, for precise trade execution.
- Maximum leverage of 1:2000, offering high flexibility for traders to amplify their positions.
- 5 account types: Standard Cent, Standard, Pro, Raw Spread, and Zero accounts, designed to suit various trading needs.
- Low spreads from 0.0, ensuring competitive pricing for trades.
- Commissions starting from 0, helping to minimize trading costs.
- 6 asset classes: Forex, metals, cryptocurrencies, energies, indices, and stocks, providing a diversified range of investment opportunities.
XM App
- Withdraw and deposit at any time.
- Reach support within seconds.
- Trade on the go and access your accounts.
- Get market news and analysis.
Conlusion
XM is an excellent choice for both novice and experienced traders due to its wide array of features, flexibility, and commitment to client satisfaction. Whether you’re looking for a standard account or prefer raw spreads, XM provides five different account types to meet your specific needs. With its educational resources, robust platform support, and flexible trading options, XM offers a complete trading solution for anyone looking to navigate global financial markets effectively.
XM Details
