XM Trading Review: Large, fair and human broker

XM in Brief


This online broker provides a quality, ergonomic and personalized trading experience. The platforms offered are very good and allow trading at any time and anywhere using MetaTrader 4 or 5 and the mobile application.
It offers a wide variety of assets and attractive variable spreads. Deposits and withdrawals are fast, transactions are secure and trading conditions are very flexible.

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XM is an online broker created in 2009 and owned by Trading Point of Financial Instruments Company. It is present in 196 countries with more than 1,500,000 customers. It allows you to trade at all levels with secure payment methods, 16 trading platforms and personalized customer service. It is one of the leading sites in the field of online trading with more than 700 trading instruments, high leverage effects, very low margins.
He is also equitable and humane with a commitment to various humanitarian actions around the world. The XM reviews are unanimous and positive. See the ranking of the best brokers of the moment!

XM: how does it work?

The tools used by the platform

XM allows its clients to use different trading platforms to carry out their transactions.
You can use 16 different trading platforms. With a unique identifier, you have access to eight platforms and can trade more than 700 instruments.
It offers of course MetaTrader 4 for a high quality of trading execution. MetaTrader 4 is available on PC, Mac, iPhone, iPad, Android and more.
The platform also uses MetaTrader 5 with all the features of MT4 but in addition, 300 CFDs on equities. This provides a platform for seven asset classes. MetaTrader 5 allows you to benefit from more than 80 analysis tools, the depth of the market of the most recent quotations for more than 700 instruments.
Mobile platforms allow you to negotiate from your smartphone or tablet.

XM Values

The different types of accounts

There are three different accounts that provide access to the Member Area, the corresponding platform(s) and access to the WebTrader. The main differences between these three accounts are the size of the contract, the leverage effect, the minimum deposit.

The Micro account
For this account, the minimum deposit is only $5. It allows a leverage effect from 1:1 to 1:100 with 200 possible positions. It allows batches of 1,000 with spreads starting at 1 pip without commission. The number of lots is limited to 100 and this account allows you to generate significant profits with a minimum of risk and a very low minimum deposit.
The Standard account
It also assumes a minimum deposit of $5 and the same leverage. It allows batches of 100,000, spreads starting at 1 pip always without commission. It allows 200 positions per customer simultaneously and a restriction of up to 50 batches.
The XM Zero account
The minimum deposit here is $100. It guarantees protection against negative balances, commission and coverage. It allows batches of 1,000 with spreads starting at 0 pip, without commission. Up to 200 positions per customer and a restriction of up to 50 batches can be allowed. Above all, this account provides access to larger transaction volumes.

It is possible to have up to 8 different trading accounts. The platform can also offer tailor-made solutions for each customer.

The Demo Account
To get started and familiarize yourself with online trading, you can choose a Demo account. This allows you to test your trading potential. This demo account allows you to trade with virtual money without any risk, by simulating gains and losses.

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The different promotions

This online broker constantly offers interesting promotions.
This is the case with the 25 euro trading bonus without any deposit required. This amount is automatically credited to the account and all profits can be withdrawn. This is a promotion exclusively for new customers and bonuses are not available for withdrawal, as well as 50% deposit bonus up to $500 and 20% deposit bonus up to $4,500. Credit is instant, applied to deposits starting at $5 and available on all types of accounts. Bonuses are not withdrawable but all profits can be withdrawn at any time, and the platform also offers a loyalty program. In addition to bonuses and rewards throughout the year, you can also benefit from special seasonal bonuses. Opportunities available for very short periods and very exclusive bonuses by invitation are regularly offered.

XM promotion

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What are the different trading platforms worth?

The platforms used are among the most popular with retail traders and investors in general. They are effective, both for beginners and professionals.
We have the renowned MetaTrader5 allowing the most experienced traders to perform relevant and advanced analyses via the many integrated tools and features. It is a platform accessible on all media and exists in online format to speculate on financial markets at any time and anywhere.
MT5 is known worldwide for its performance and configuration. The functionalities are numerous and innovative and allow to invest in new assets including more than 300 CFDs on equities.
MetaTrader 4 is just as interesting. This previous version is very popular worldwide and allows orders and transactions to be placed directly from the interface. This automatic trading platform provides everything you need to trade online. The tool and technical analysis packages allow you to implement simple or complex strategies.
So we have MT4 and MT5 for PC, for Mac, WebTrader MT4, MT4 for iPhone or iPad, MT4 for Android or Android tablet.

XM Bitcoin

The different products that the platform allows to trade?

The online broker allows you to invest in many financial markets from a single platform.
This provides access to more than 55 Forex currency pairs including major currency pairs, cross currencies and exotic currencies with up to 500:1 leverage, tight interest rate margins and no re-listing.
The indices are negotiable with CFDs (Contract for Difference). The platform offers direct access to global stock markets and global economies with the ability to sell and buy according to market movements.
There are 734 shares available on the stock exchange, including the best shares from international markets, including the American, European, Russian and Australian markets.
To trade in commodities, you have a choice of 8 agricultural commodities, two precious metals (gold and silver), five energy commodities including oil and natural gas.
It is possible to trade 18 international stock market indices.
There are also five crypto-currencies, including Bitcoin, Ether and Dash.
This gives a total of more than 700 instruments available on the platform.

Regulation and Safety at XM

XM is an online European broker that is officially regulated by the FCA or Financial Behaviour Authority. Security is therefore optimal for all deposits and withdrawals of money and for online transactions.
All e-portfolios are 100% covered. All major credit cards are also 100% covered. Bank transfers above 200 USC are covered and there are no hidden fees.
This broker therefore offers high security with SSL (Secure Socker Layer) technology to protect the confidentiality of personal data.
It is a regulated and authorized broker CySEC and CONSOB.
It only works with a first-class bank. Customer money is kept in separate and distinct accounts from the company’s accounts.
In the event of default, customer protection is provided through the Investor Compensation Fund.
The platform is also Investors in People certified, an organization that operates worldwide to improve human resources management on quality standards.

Advantages and disadvantages of the platform

This trading platform has many advantages without any real disadvantages.

  • the presence of a single contact person responsible for the account.
  • Customers have daily access to free market research and free and unlimited access to online seminars.
  • Tutorials and videos allow you to improve and refine your investment strategy.
  • Customers benefit from trading signals based on in-depth technical analysis of the market in real time.
  • Daily and free analyses are provided for the main assets as well as daily market outlooks.
  • Direct assistance is available 24 hours a day, five days a week. It is possible to contact customer service via e-mail, live chat, phone call.
  • It is a platform dedicated to all types of traders, from beginners to experts.
  • It accepts a wide range of payment methods.
  • The “demo” account is unlimited and allows you to practice trading.
  • The minimum deposit is very low at only $5.
  • There are no commissions and no hidden fees.
  • Withdrawing money is quick and easy.
  • The interface is welcoming with a well organized and modern layout, easy to use.
  • payPal deposits are not accepted.

Customer reviews

XM review is considered one of the best Forex brokers in the market with excellent conditions. The vast majority of reviews are positive. They note the speed of order execution, the choice between different types of platforms and mobile applications.
Customer support is multilingual and fast.
Security is exemplary and the trading offer is extremely wide. The minimum deposit is really low and the demo account allows you to familiarize yourself with the platform and online trading in an unlimited and risk-free way.

XM Application

What about the application on Android and IOS?

The mobile application works with any device, whether it is running on iOS, Android or the Mac operating system.
The application is the top mobile application ranking for Forex and allows you to enjoy all the benefits of using XM.com for online trading. It is easy to use and offers an excellent experience with many options, the possibility to use MT4 or MT5 from an iPhone, iPad or tablet..


This online broker provides a quality, ergonomic and personalized trading experience. The platforms offered are very good and allow trading at any time and anywhere using MetaTrader 4 or 5 and the mobile application.
It offers a wide variety of assets and attractive variable spreads. Deposits and withdrawals are fast, transactions are secure and trading conditions are very flexible.

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1 – Is the platform legal?

This online broker is completely legal. It has been established since 2009 with more than 1,000,000 members in 196 countries and has several licenses including CySEC and the Mif Directive.

2 – Can we trust XM?

You can trust him, but trading online is still a risky business. This broker has been awarded several prizes and distinctions.

3 – Does the platform have a good reputation?

Very good reputation in the Forex industry. It complies with the rules of trusted financial authorities. It is particularly popular in many countries with a reputation of 17/20.

4 – What are the payment options?

Payment can be made via: Visa, Mastercard, Skrill, bank transfers; Neteller, WebMoney, Moneygram, UnionPay. Simply log into the secure member area to download the supporting documents (proof of identity and proof of domicile); once the trading account has been validated, the client can withdraw funds from his account.

5 – How to register?

All you have to do is open an account online, make a minimum deposit of $5t. The forms are filled in with basic personal data, trading platform, account type, account base currency, leverage rate and investment amount.