Looking for a detailed XM Review to decide if this broker meets your trading goals? Founded in 2009, XM has become a trusted name in forex and CFD trading, serving millions globally. With competitive spreads, a variety of account types, and regulation from top-tier authorities, XM stands out—but is it perfect? In this XM Review, we’ll dive into its features, pros, cons, and suitability for traders in 2025.
Video summary
Highlight
| 💻 Trading platform: | МТ4, МТ5 (desktop, web, and mobile versions), and XM App for smartphones and tablets |
|---|---|
| 📊 Accounts: | Ultra Low, Zero |
| 💰 Account currency: | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR |
| 💵 Replenishment / Withdrawal: | Credit/ Debit cards, Skrill, Neteller, International Wire Transfer, Online Bank Transfer, Perfect Money, Apple Pay and Google Pay |
| 🚀 Minimum deposit: | $5 |
| ⚖️ Leverage: | 1:30 (only for EU regulated Entity and AU). For all the other countries – 1:1000. |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0,01 |
| 💱 EUR/USD spread: | 0,2 pips |
| 🔧 Instruments: | Currencies, stocks, commodities, stock indices, precious metals, and energies |
| 💹 Margin Call / Stop Out: | 100%/50% |
| 🏛 Liquidity provider: | n/a |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market Execution, Instant Execution |
| ⭐ Trading features: | There are Islamic accounts; It is possible to connect to the MQL5 trading services. |
| 🎁 Contests and bonuses: | Up to 100% Deposit bonus (Not available to the EU Entity of XM) |
What Is XM?
XM is a Cyprus-based broker offering forex, stocks, indices, metals, and energies trading. Regulated by multiple bodies like the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Financial Services Commission (FSC) in Belize, XM prioritizes safety. This XM Review explores why it’s a go-to choice for beginners and pros alike.
Basic Information About XM
| Criteria | Details |
|---|---|
| Year Founded | 2009 |
| Headquarters | Cyprus |
| Regulation | CySEC, ASIC, FCA, IFSC |
| Tradable Assets | Forex, Crypto, Stocks, Indices, Commodities, Energies, Metals |
| Trading Platforms | MetaTrader 4, MetaTrader 5, XM WebTrader, Mobile App |
| Maximum Leverage | Up to 1:1000 |
| Account Types | Micro, Standard, XM Ultra Low, Shares |
Key Features of XM
1. Tight Spreads Starting at 0 Pips
XM offers spreads from 0 pips on its Zero account, while standard accounts start at 1.6 pips—ideal for cost-conscious traders.
2. Robust Trading Platforms
XM supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on desktop, mobile, and web. These platforms are fast, reliable, and packed with tools.
3. Multiple Account Options
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Micro: Perfect for beginners with small lot sizes.
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Standard: Balanced for all traders.
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Zero: Low spreads with a commission.
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Shares: For stock trading enthusiasts.
The minimum deposit is just $5, making XM highly accessible.
4. Leverage Up to 1:1000
XM provides leverage up to 1:1000 (depending on region and account), offering flexibility but requiring caution due to risk.
5. Educational Resources
Unlike some brokers, XM shines with free webinars, tutorials, and market analysis—great for newbies.
XM offers four different account types, catering to traders of all levels:
| Account Type | Spread | Maximum Leverage | Commission | Minimum Deposit |
|---|---|---|---|---|
| Micro | From 1.0 pips | Up to 1:1000 | No | $5 |
| Standard | From 1.0 pips | Up to 1:1000 | No | $5 |
| XM Ultra Low | From 0.6 pips | Up to 1:1000 | No | $5 |
| Shares | Based on market conditions | No leverage | Yes | $10,000 |
Key Highlights:
- Micro and Standard accounts are ideal for beginners with a low minimum deposit of $5.
- XM Ultra Low offers lower spreads, making it suitable for cost-conscious traders.
- Shares account is designed for investors who trade stocks without leverage.
XM Pros and Cons
Pros of XM
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Strong Regulation: CySEC and ASIC oversight ensure safety.
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Low Minimum Deposit: Start with only $5.
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No Withdrawal Fees: Free deposits and withdrawals.
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Top-Notch Education: Extensive learning tools for all levels.
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24/5 Support: Responsive multilingual customer service.
Cons of XM
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Limited Asset Variety: Over 1,000 instruments, but fewer stocks and ETFs than some competitors.
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Inactivity Fee: $10/month after 90 days of no activity.
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No Copy Trading: Lacks a built-in copy trading feature.
XM Bonuses & Promotions
XM is one of the few brokers that still offer generous bonuses and promotions, including:
🎁 $30 No Deposit Bonus – Free trading capital for new accounts
🎁 100% Deposit Bonus up to $5,000 – Double your deposit amount
🎁 Loyalty Program – Earn XM points for every trade
🎁 Trading Contests – Compete for cash prizes
XM Trading Fees & Spreads
XM offers competitive spreads and low trading fees, especially for XM Ultra Low accounts.
| Account Type | Minimum Spread | Commission |
|---|---|---|
| Micro | From 1.0 pips | No |
| Standard | From 1.0 pips | No |
| XM Ultra Low | From 0.6 pips | No |
| Shares | Based on stock market prices | Yes |
Key Benefits:
✅ Tight spreads with no hidden charges
✅ Commission-free trading on most accounts
✅ Fast execution speed (99.35% of trades executed in under 1 second)
XM Review: User Experience
Traders commend XM for its fast execution and reliable platforms. On TrustPilot, XM enjoys a strong rating, with users praising its customer support and withdrawal speed. However, some note the inactivity fee as a downside. This XM Review highlights its reputation as a beginner-friendly broker with professional-grade tools.
Is XM Safe?
With regulation from CySEC, ASIC, and FSC, XM offers a high level of security. Client funds are segregated, and negative balance protection is included. Still, test it with a demo account to build confidence.
Who Should Use XM?
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Beginners: Micro accounts and education make it ideal.
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Scalpers: Tight spreads and fast execution suit active traders.
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Long-Term Traders: Standard and Zero accounts offer flexibility.
How to Creat Account and Start XM Broker
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Register: Sign up on XM’s website with a $5 deposit.
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Pick a Platform: Download MT4 or MT5.
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Practice: Use the free demo account.
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Trade: Fund your account and begin trading.
Deposit & Withdrawal Methods
XM provides fast, free, and secure deposits and withdrawals through multiple payment options:
✅ Local Bank Transfers – Available in many countries
✅ Credit/Debit Cards – Visa, Mastercard
✅ E-wallets – Skrill, Neteller, Perfect Money, WebMoney
✅ Cryptocurrencies – Bitcoin, Ethereum, USDT
⏱ Withdrawal Processing Time: Same-day withdrawals for most methods
XM Review: Final Verdict
This XM Review reveals a broker with strong regulation, low costs, and excellent resources for beginners. While it lacks copy trading and a vast stock selection, XM excels in forex and CFD trading. Ready to give it a shot in 2025? Open a demo account now and see if XM fits your trading style!
