XM - one of the fastest growing company on the market

User rating: 1 Hvězda2 Hvězdy3 Hvězdy4 Hvězdy5 Hvězd (20 hlasů, průměr: 4.00 z 5)
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Headquarters / branches: Cyprus

Founded: 2009

Regulation: CySEC

Exekuce: MM

Spread from: 1,9 pip
Leverage up to 1 : 30
Min. deposit: $

Note: This review is based on experience from other users.

XM (Xemarkets) is one of the brand in Trading Point Holdings Ltd. group, which is financial holding for provision of financial services to clients from whole the world. Besides other they focuse on providing services for retail clients on forex and CFD markets. This company was established in 2009 and manages accounts of more than 1 000 000 clients worldwide. Its headquarters is in Cyprus, where it is also regulated. Nowadays it has more than 300 employees and their websites are translated into more than 30 languages, including Czech. Anyway there is not any official representation in Czech Republic yet.

Thanks to its international activities this broker is regulated by several institutions. Besides Cyprian CySEC i tis also British FCA and Australian ASIC. Safety of your deposits is secured by segregated accounts which are managed by Barclays Plc. bank.

According to the company etiquette the lost of client trust is unalterable. That why the company tries to keep the best reputation and therefore the proffesionality is a factor which is the most appreciated in XM.

Details about XM company

XM offers their clients access to more than 300 financial instruments worldwide including currency markets, indexes, precious metal, energy with transparent prices, low spread and flexible leverage reaching maximum 1 : 30. XM is a Market Maker-type broker..

In total it has more than 30 business platforms in their offer, whereas the company flagship is MetaTrader 4 and MetaTrader 5 which complete mobile trading platforms and Webtrader.

Trading accounts

In the offer there are 3 types of accounts in total which offer various sizes of spread. XM still belongs in the group of forex brokers that offers a micro account suitable for beginners. If you are interested, you can create up to 8 different trading accounts.

Micro account Standard account Zero Account
Possible currencies  USD, EUR, GBP, JPY, CHF,‎
AUD, HUF, PLN, RUB, SGD, ZAR
 USD, EUR, GBP, JPY, CHF,‎
AUD, HUF, PLN, RUB, SGD, ZARt
 USD, EUR, JPY
 Leverage  1:1 do 1:30  1:1 do 1:30  1:1 do 1:30
 Spread  from 1 pip  from 1 pip  from 0 pip
 Minimum deposit  5$  5$  100$
Minimum trading volume 0.01 lots (MT4)
0.1 lots (MT5)
0.01 lots 0.01 lots

What you get when trading with XM

The main advantages include the following (official from the website):

  • Each trader gets his sales manager
  • Free access to XM market research
  • Free access to daily webinars about forex
  • Unlimited access to video tutorials
  • Daily access to trading signals on forex and CFD
  • Great ammount trading platforms, whereas MetaTrader 4 is the main platform
  • Free daily technical analysis that arrives truly regularly
  • 24/5 online helpdesk

Besides above mentioned advantages XM benefited from frequent promotion which supported mainly small clients. Especially popular were the $ 30 account opening bonus and the 100% deposit bonus. Both of these bonuses but CySEC with its new return. However, XM still offers Trader Arena to their clients, which we describe below, as well as free VPS for accounts over $ 5000, as well as free deposits and withdrawals.

Trader Arena, competition that you can only find at XM

Trade Arena is a competition in which traders compete for who is the best trader on the market. At the moment the most of the competition is behind us and the last 10 finalists will compete from 13th July 2017 to 14th July 2017 to get the main price $500 000. But a total of $ 1,000,000 is distributed among the competitors.

Similar competitions are great attraction which helped XM to grow in such a client base which they now have. 

It is noteworthy that XM today also sponsors Usain Bolt, the fastest man on the planet.

Source: www.xm.com

Main broker advantages:

  1. Broker is regulated by CySEC and FSA and it complies to MiFID rules.

  2. Segregated accounts.

  3. Minimum deposit $ 5.

  4. Leverage up to 1:888

  5. Spread starting from 1 pip.

  6. Many deposit and withdrawal options.

  7. Often organises competitions.

  8. Provides free signals.

  9. Zero deposit and withdrawal costs.


Main broker disadvantages:

  1. Market maker broker.


Website demo

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Porovnání s podobnýni forex brokery

XM
Hotforex
Purple Trading
IC Markets
Pepperstone
Exekuce:MMSTPECN, DMA, STPECNECN, NDD
Rok založení:2009201020162010
Regulace:CySECCySECCySECASICCySEC, BaFIN, SCB, CMA, DFSA, FCA
Spread od:1.9 bodu0.1 bodu0.3 bodu0 bodu0 bodu
Páka:30 : 1 30 : 1 30 : 1 500 : 1 30 : 1
Minimální vklad: 50 USD 100 USD 200 USD
Hodnocení:4 / 5 4.5 / 5 4.33 / 5 4.36 / 5 4.2 / 5
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