XM

XM
4Score
Headquarters12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
Founded2009
Tel
+357 25029933
Email
support@xm.com
Site
https://www.xm.com/
Min Deposit5 USD
Max Lev1:888
Regulators
CySEC, ASIC, IFSC
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader
Payment systems
Credit/Debit Cards, Bank Transfers, Skrill, Neteller, WebMoney, Perfect Money, PayPal
High leverage
No deposit fees
Low minimum deposit
Excellent customer support
Educational resources available

License Information

ASIC
Regulatory status
Authorised
License Number
443670
Regulatory country
Australia
Effective from
2011
Regulatory status
Authorised
License Number
60/295/TS/19
Regulatory country
Belize
Effective from
2019
Regulatory status
Authorised
License Number
120/10
Regulatory country
Cyprus
Effective from
2010

Account Type

Trading Platforms: MT4, MT5, XM WebTrader

Minimum Deposit: $5

Maximum Leverage: 1:888

Minimum Trade Volume: 0.01 lots

Margin Call Level: 50%

Stop Out Level: 20%

Commission: None

Spread Type: Fixed, starting from 1 pip

Account Currencies: USD, EUR, GBP, AUD, JPY, CAD, CHF

Trading Instruments: Forex, Commodities, Indices, Precious Metals

Trading Platforms: MT4, MT5, XM WebTrader

Minimum Deposit: $5

Maximum Leverage: 1:888

Minimum Trade Volume: 0.1 lots

Margin Call Level: 50%

Stop Out Level: 20%

Commission: None

Spread Type: Fixed, starting from 1 pip

Account Currencies: USD, EUR, GBP, AUD, JPY, CAD, CHF

Trading Instruments: Forex, Commodities, Indices, Precious Metals

Trading Platforms: MT4, MT5, XM WebTrader

Minimum Deposit: $100

Maximum Leverage: 1:500

Minimum Trade Volume: 0.1 lots

Margin Call Level: 50%

Stop Out Level: 20%

Commission: $3.5 per side per lot

Spread Type: Variable, starting from 0 pips

Account Currencies: USD, EUR, GBP, AUD, JPY, CAD, CHF

Trading Instruments: Forex, Commodities, Indices, Precious Metals

Trading Platforms: MT4, MT5, XM WebTrader

Minimum Deposit: $5

Maximum Leverage: 1:888

Minimum Trade Volume: 0.01 lots

Margin Call Level: 50%

Stop Out Level: 20%

Commission: None (or up to $3.5 per side per lot)

Spread Type: Fixed or Variable

Account Currencies: USD, EUR, GBP, AUD, JPY, CAD, CHF

Trading Instruments: Forex, Commodities, Indices, Precious Metals

Deposit

BankTransfer
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
PayPal
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
neteller
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
skrill
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant
WebMoney
Commission
0%
Exchange Rate
Market Rate
Processing Time
Instant

Withdrawal

BankTransfer
Commission
0%
Exchange Rate
Market Rate
Processing Time
3-5 Business Days
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
neteller
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
skrill
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
PayPal
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days
WebMoney
Commission
0%
Exchange Rate
Market Rate
Processing Time
1-3 Business Days

Company and Service

Headquarters12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
Founded2009
Tel
+357 25029933
Email
support@xm.com
Site
https://www.xm.com/
Min Deposit5 USD
Max Lev1:888
Regulators
CySEC, ASIC, IFSC
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader
Payment systems
Credit/Debit Cards, Bank Transfers, Skrill, Neteller, WebMoney, Perfect Money, PayPal

Reviews

Average Rating: 4
Positive review

XM is definitely my go-to broker. What stands out the most is the flexibility of their platforms, especially MT4. As someone who’s been trading for over 3 years, I really appreciate how intuitive their interface is. I trade mainly forex, and I’ve made a solid 12% return this month alone. They offer a great selection of currency pairs, and execution speed has always been spot on. Plus, their demo account is perfect for testing out new strategies. Highly recommend!

SandyShore

Negative review

Unfortunately, my experience with XM has been quite disappointing. While the platform works fine on a basic level, I’ve had issues with my orders getting delayed during high-volatility periods. There was one instance where I tried to close a position, but it took several seconds for the order to execute, and I ended up losing a significant amount. I’ve also had some difficulty with their withdrawal process—took over a week to get my funds. Not sure if I’ll continue trading with them

Lana W.

Neutral review

I signed up with XM mainly for their range of assets, especially the ability to trade CFDs on stocks and commodities. Overall, the platform is solid, but I feel like the charting tools could be improved. It’s not terrible, just feels a bit outdated compared to other brokers. One thing I really like is their low minimum deposit, which made it easy for me to start trading with just $200. I’ve been profitable so far, but I still think there are a few things that could be improved

VelvetEcho

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