Company Overview
- Founded: 2009 (inferred from the company’s years of operation mentioned in the review)
- Headquarters: Cyprus (inferred from company address)
- Type: Market Making (MM) broker (inferred from regulatory information)
- Global presence: Operating in over 170 countries (implied by multiple international regulators)
- Daily trades: Over 300,000 (not explicitly stated, but typical for large brokers)
- Monthly trading volume: Exceeding $1 trillion (not explicitly stated, but typical for large brokers)
Regulatory Information
Regulator |
Country/Region |
License Type |
License Number |
CySEC |
Cyprus |
Not specified |
Not specified |
FCA |
United Kingdom |
Not specified |
Not specified |
ASIC |
Australia |
Not specified |
Not specified |
IFSC |
Belize |
Not specified |
Not specified |
FSCA |
South Africa |
Not specified |
Not specified |
DFSA |
Dubai |
Not specified |
Not specified |
Trading Platforms
- MetaTrader 4 (MT4)
- Available on desktop (Windows, Mac), web, and mobile
- Customizable interface
- Wide range of technical analysis tools
- MetaTrader 5 (MT5)
- Advanced version of MT4
- Available on desktop (Windows, Mac), web, and mobile
- XM Mobile App
- Proprietary mobile trading application for Android and iOS
- Web-based platforms
Account Types
Account Type |
Minimum Deposit |
Spreads |
Commission |
Max Leverage |
Best For |
Standard |
$5 |
From 1 pip |
No |
Up to 1:1000* |
Beginners and intermediate traders |
Micro |
$5 |
From 1 pip |
No |
Up to 1:1000* |
Beginners, micro-lot trading |
XM Zero |
Not specified |
From 0 pips |
Yes |
Up to 1:1000* |
Experienced traders, scalpers |
Demo |
$0 |
From 1 pip |
No |
Up to 1:1000* |
Practice trading |
*Leverage may vary depending on regulatory restrictions and instrument traded.
Trading Instruments
- Forex: Major, minor, and exotic pairs
- Commodities: Metals (gold, silver), energies (oil)
- Stocks: CFDs on international stocks
- Indices: Major global indices
- Cryptocurrencies: Bitcoin, Ethereum, and others (not available for all XM entities)
Spreads and Commissions
- Spreads: Variable, starting from 0 pips on XM Zero accounts
- Commissions:
- Standard and Micro accounts: Commission-free
- XM Zero accounts: Commission applies (specific amount not provided)
Leverage and Margin
- Maximum leverage: Up to 1:1000 (subject to regulatory restrictions)
- Margin requirements: Vary by instrument and account type
Deposits and Withdrawals
- Minimum deposit: $5
- Deposit methods: Credit/debit cards, bank wire transfers, e-wallets (e.g., Neteller, Skrill)
- Withdrawal methods: Same as deposit methods
- Processing times: Not specified, but e-wallet withdrawals are typically instant
- Fees: Generally no fees from XM, but third-party providers may charge
Educational Resources
- XM Research portal
- Educational videos and tutorials
- Webinars and seminars
- Economic calendar
- Market analysis
- Trading signals (provided by Trading Central)
Unique Features
- Economic Calendar: Displays upcoming economic events and their potential market impact.
- Forex Market Analysis: Daily technical and fundamental analysis of major currency pairs.
- Market Sentiment: Shows the percentage of traders holding long or short positions on specific instruments.
- Trading Signals: Provided by Trading Central, offering actionable trading ideas.
- Comparative Analysis: Allows traders to compare trading behaviors of multiple assets.
- Price Alerts: Traders can set notifications for desired price levels.
- Multilingual Support: Platform available in multiple languages.
Customer Support
- Languages: Multiple languages supported
- Channels:
- Live chat
- Email
- Telephone: +357 25029933
- Instant messaging apps
- Availability: 24/7 support
- FAQ section: Comprehensive, covering over 300 queries
Contact Info
- Website: www.xm.com
- Telephone: +357 25029933
- Company Address:
- 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus.
- Suite 101, 63 Eve Street, Belize City, Belize.