XM Broker Details
- Company Name: Trading Point of Financial Instruments Ltd
- Broker Name: XM / XM Group
- Broker Type: Market Maker, STP
- Regulation: CySEC, ASIC, DFSA, FSC (Belize)
- Established: 2009
- Address: 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
- Phone Number: +357 25029933
- Email: support@xm.com
- Homepage: https://www.xm.com
Founded in 2009, XM has grown rapidly, now serving over 15 million clients across 190+ countries. Known for its tight spreads, lightning-fast trade execution, and exceptional customer support, XM continues to set high standards in the trading community.
XM operates under the umbrella of Trading Point Holdings Ltd and holds multiple regulations from globally respected financial authorities. Its platform selection includes MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary XM App, providing traders with flexibility and advanced tools on desktop and mobile.
What makes XM especially attractive is its zero-requotes policy, commission-free trading options, and a wide range of over 1,400 financial instruments including forex, stocks, indices, commodities, metals, and energies. With a strong focus on trader education, XM also offers live webinars, expert market analysis, and analytical tools through Trading Central — making it a well-rounded broker suitable for both beginners and experienced traders.
Trading Account Specifications
| Specification | Details |
|---|---|
| Leverage | Up to 1:1000 |
| Minimum Deposit | $5 |
| Account Currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR |
| Trading Instruments | Forex, Stock CFDs, Indices, Commodities, Precious Metals, Energies |
| Payment Methods | Visa, MasterCard, Neteller, Skrill, Sticpay, WebMoney, Perfect Money, Bank Transfer |
| Spread Type | Variable (from 0.6 pips on Ultra Low account) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App |
| Supported Languages | 30+ languages including English, Spanish, Chinese, Arabic, Indonesian, Thai |
Account Types
| Account Type | Min Deposit | Leverage | Spread | Commission | Base Currency |
|---|---|---|---|---|---|
| Micro | $5 | Up to 1:1000 | From 1 pip | No | USD, EUR, GBP, etc. |
| Standard | $5 | Up to 1:1000 | From 1 pip | No | USD, EUR, GBP, etc. |
| Ultra Low | $5 | Up to 1:1000 | From 0.6 pips | No | USD, EUR, GBP, etc. |
| Shares | $10,000 | 1:1 | Market-based | Yes | USD |
Key Features & Highlights
- Negative Balance Protection
- No Requotes, No Rejections
- Instant Withdrawals
- Award-Winning Customer Support
- Free VPS Service
- Comprehensive Education Hub
- Trading Central Integration
Bonus & Promotions
- $30 Welcome Bonus (no deposit required)
- Up to $5000 Deposit Bonus (50% + 20%)
- Loyalty Program (XM Points)
- Seasonal Promotions and Cash Giveaways
Final Thoughts: My Personal Review as a Trader & Forex Journalist Using XM
After trading with XM for several years and comparing it against numerous brokers throughout my 10+ year journey in forex trading, I can confidently share both the strengths and limitations I’ve personally experienced with this broker.
What I Really Appreciate About XM
- One of the standout features for me is how easy it is to get started — with just a $5 minimum deposit, traders of all levels can experience a regulated, secure trading environment without significant capital risk.
- Their platform stability is another huge plus. I’ve executed thousands of trades with XM, and I can honestly say I’ve never faced platform downtime or annoying requotes, even during volatile market conditions.
- The speed of order execution is impressive. On MetaTrader 5, I regularly see execution times below a second. It’s a relief knowing that stop-loss and take-profit levels get triggered precisely as set.
- The withdrawal process is fast, hassle-free, and funds are typically credited back to my wallet or bank within 24–48 hours.
- Their customer service deserves mention. I’ve contacted them multiple times through live chat and email, and they’ve always responded professionally, in clear English, and with accurate solutions.
- Lastly, as someone who values ongoing education, XM’s webinars, Trading Central analysis, and market research tools have been invaluable for keeping up with trends and refining my strategy.
What Could Be Better
- The bonus programs are not available to traders in certain regulated jurisdictions, which might disappoint those hoping to maximize early capital through promotions.
- While their spreads are generally competitive — especially on the Ultra Low account — they can still widen significantly during news events. This is a common issue with most brokers, but it’s something that caught me off guard a few times, especially in my early days with XM.
- The limited range of cryptocurrencies is another point. As of 2025, XM doesn’t offer crypto CFDs, which is a drawback for traders like me who enjoy diversifying into digital assets.
My Verdict on XM
Overall, XM is one of the most reliable, transparent, and trader-friendly brokers I’ve worked with in over a decade of trading. It strikes a great balance between accessibility for beginners and the advanced tools and features seasoned traders need. While it has its limitations — like the absence of crypto trading and regional bonus restrictions — its fast execution, tight spreads, strong regulatory backing, and excellent customer support more than compensate for these shortcomings.
Would I recommend XM in 2025? Absolutely.
It remains one of my preferred brokers and continues to evolve in ways that genuinely benefit its traders.
Frequently Asked Questions (FAQ) XM Broker
Is XM a regulated broker?
Yes — XM is regulated by CySEC, ASIC, DFSA, and FSC.
What is the minimum deposit to open an account at XM?
You can start trading with as little as $5.
Does XM offer Islamic swap-free accounts?
Yes — swap-free accounts are available for Micro, Standard, and Ultra Low accounts.
Which trading platforms does XM support?
XM supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the XM App.
Can I trade cryptocurrencies on XM?
No — as of 2025, XM does not offer cryptocurrency CFDs.
