XM Broker Review 2025: Platforms, Fees, and Regulation

XM Broker Review 2025: Platforms, Fees, and Regulation

Additionally, XM provides clients exclusive technical indicators and access to MQL5 trading signals, which lets you select signals from many providers. XM provides access to both MetaTrader 4(MT4) and MetaTrader 5 (MT5), two of the most popular trading platforms in theindustry. These platforms are available on desktop, web, and mobile devices,offering traders advanced charting tools, technical indicators, automatedtrading via Expert Advisors (EAs), and more. Overall, XM Group is clearly one of the best forex brokers in my view, primarily due to the strict regulation from multiple regulative bodies, the deep amount of liquidity pools and huge global presence. They have thousands of financial instruments to trade on user-friendly platforms with some of the best trading conditions you will find anywhere.

• Although XM does not have its own platform, the option to use the full MetaTrader suite across desktop, as a browser-based platform, plus with Android & iOS apps is a plus.
• A two-tier bonus offering 50% up to $500 and 20% up to a total maximum of $5,000 on top of your deposit, giving you a significant trading advantage.
• These rates can be both positive (credited to your account) or negative (debited from your account) and depend on the interest rate differentials between the currencies being traded.
• We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
• XM follows a transparent fee structure,ensuring traders are fully aware of the costs involved with trading.
• This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries.
• XM Group offers a comprehensive news feed on both their ‘Markets’ and ‘News’ pages.

XM Live

The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market. The management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base. XM Group has a vast range of educational materials within the research and education center. This includes daily market updates, economic events, tutorial videos, webinars, seminars and more.

The seamless cross over between platforms speeds up trading operations and gives traders the flexibility to trade from locations and at times that suit them from anywhere and at any time with ease. Uniquely developed free tutorials on how to get the best out of the trading platform and free live webinars are available to those who want to perfect their trading skills. Setting up an account at XM is easy and the minimum balance required to open an account is a super-low $5. Being subject to the rules and regulations of high-level regulators requires XM to follow a range of Know Your Client (KYC) protocols.

The signals cover a variety of financial instruments and are available to all account holders, making them a valuable tool for both beginner and intermediate traders. Besides these features, the MT4 platform is user-friendly, with an intuitive interface that facilitates seamless navigation and opening or closing of trading positions, making it ideal for beginners. The MT5 is the more advanced evolution of the MT4, catering to well-established multi-asset traders. It is a powerful and versatile platform with sophisticated technical analysis tools and a fully customizable interface. MT5 boasts level 2 pricing, a live news feed, an extended range of timeframes (21 compared to 9 for MT4), advanced charting capabilities with numerous indicators, an inbuilt economic calendar and market depth.

What risk management tools

This browser-based platform enables traders to access their accounts without the need for installation. WebTrader provides a streamlined experience with all the core functionalities available on xm group review MT4 and MT5, such as real-time data, fast order execution, and a user-friendly interface. It is an excellent option for those who need access to their accounts on the go or who are looking for a simple, no-frills platform. There are a lot of trading accounts but I’m just trading through a standard account with pretty good conditions. It’s nice that everyone can start trading with 5$ of minimum deposit, except via shares account. Honestly I thought that the the threshold of minimum deposit would be from 1000$.

Deposit and Withdrawal Fees:

The broker has a wide range of trading instruments for you to choose from including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient. To trade currency pairs, I use a trading strategy based on technical analysis. I’m writing about this because I use these different strategies on the same trading account.

Tradeable asset classes

The main difference between MT4 & MT5 is that MT4 does not offer trading on stock CFDs and MT5 has slightly more features and functionalities in comparison. However, if you just want to follow price activity whilst placing and managing trades with ease, then MT4 should be fine. On the other hand, if you want to build more complex trading strategy templates, then you may prefer the extra indicators, timeframes and tools that are included with MT5. XM Group is operated with client requirements at the forefront of everything that they do.

Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). XM Group offers stock CFDs, allowing traders to speculate on the price movements of individual stocks listed on major exchanges such as the NYSE, NASDAQ, and others. This option provides traders with an opportunity to invest in specific companies without the need to own the underlying shares.

• This service is particularly useful for traders who rely on automated trading systems or expert advisors (EAs) that need to operate without interruption.
• However, XM is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders.
• XM Group provides 55 forex pairs and 1,429 tradeable symbols, offering ample trading options but is below the industry average of 3,623 symbols.
• The broker also outstrips competitors in this category, thanks to its unique XM Live feature.
• You can open a free demo account to learn how to use the platform and practice trading online risk free, until you build enough confidence to open a live account.
• They support both MetaTrader 4 and 5, making them a highly recommended choice for mobile trading.

The brokerage also maintains an active presence on Twitter, Facebook and LinkedIn, which provides an alternative means of contacting the support team and connecting with its trading community. XM has a mixed review on Trustpilot with an average rating of 3.3/5 from 531 reviewers, which is disappointing. While many comments were positive, a notable number were negative, primarily on withdrawals and deposits. The company needs to tackle this issue to avoid damaging its reputation.

The no deposit bonus is a $30 gift from XM Group which can be picked up when you register with the broker. Do note that bonuses are not available for EU clients due to regulations. Methodology updates are made so that new broker features and products are taken into consideration.

XM Group also has extremely low spreads on the XM Group Zero account with zero requotes (no slippage) and zero rejections – this means you get your trades entered and exited when you want them to. The XM VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on. It monitors the markets 24 hours a day, alerting you to trading opportunities in real time. I like how they have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times.