XM Broker Review 2025: Platforms, Fees, and Regulation

XM Broker Review 2025: Platforms, Fees, and Regulation

xm group review

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.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. XM Group requires a relatively low minimum deposit to open an account, making it accessible for traders with limited capital. The exact minimum deposit amount depends on the account type and region. XM Group processes withdrawal requests efficiently, with e-wallet withdrawals being completed within hours, while bank transfers may take a few business days.

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From the market overview page, it is possible to have a quick snapshot of what is happening right now in the markets, what is it is easy to navigate from here to look at the various aspects of research provided by exam. There is a news tab, a research tab which encompasses all of the exam xm group review bespoke, in-house research. Furthermore, there are trade idea and technical summary sections, alongside the economic calendar.

Demo accounts

xm group review

This model allows XM to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. While XM offers variable spreads and claims to avoid intentional price manipulation or requotes, it’s important to note that as a market maker, there is an inherent conflict of interest between the broker and client. However, XM is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders.

MetaTrader 4

You can use the MetaTrader 4 or MetaTrader 5 trading platform if you are new to forex trading as it is one of the quickest and easiest to familiarise yourself with online trading in my opinion. The main difference is that MT4 does not offer trading on stock CFDs. The most frequently traded precious metals are gold, platinum, palladium and silver, and the high trading volume on these commodities is attributed to their retained intrinsic value, regardless of economic conditions. The preference for the online purchase, and even physical ownership, of precious metals as long-term investment has tremendously increased in recent decades.

I was shocked to see the lesson available, because I though all brokers offer mediocre educational services. There is a minimum deposit of $5 USD (or equivalent) across the various account types and $10,000 USD (only) deposit for the Shares accounts. For more experienced traders, the Zero accounts offer commission-based trading with lower spreads. This review of XM Group found that the broker offers a plethora of educational content, including webinars and video tutorials. The broker also outstrips competitors in this category, thanks to its unique XM Live feature.

Equity indices

  • Specifically, the video series covers various topics, including the fundamentals of forex trading, trading psychology and developing a successful trading strategy.
  • These platforms are available on desktop, web, and mobile devices,offering traders advanced charting tools, technical indicators, automatedtrading via Expert Advisors (EAs), and more.
  • There are a lot of trading accounts but I’m just trading through a standard account with pretty good conditions.
  • XM Group also supports cryptocurrency trading, offering popular digital assets such as Bitcoin, Ethereum, and Litecoin.
  • Given XM’s broad global presence, traders should be mindful of these potential risks.
  • All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice.

Specifically, the video series covers various topics, including the fundamentals of forex trading, trading psychology and developing a successful trading strategy. Yes, XM Group is completely safe as it follows strict regulations enforced by the Cyprus Securities and Exchange Commission (CySEC). It also holds licenses from reputable financial institutions across the globe, stores your funds in segregated banking accounts, and is a member of the Investor Compensation Fund (ICF) to further guarantee your trading safety. Our XM Group forex broker review team recommend you turn on push notifications (available on MT4 and MT5) to keep up to date with the latest market movements. Don’t worry, you can use the brokerage’s VPS for a small monthly fee of 28 USD.

  • What’s more, to start trading, you’ll also need to verify your email address and validate your account by supplying documentation.
  • This makes the Islamic account suitable for traders who adhere to Islamic principles.
  • Please share your account ID so we can investigate your case and address any issues you may have encountered.We value our clients’ trust and are always open to feedback to improve our services.
  • Traders can also contact XM Group via email for more detailed inquiries.
  • The broker offers analytical video content, created by an in-house team of trading experts, as well as trading signals, economic calendars, news, and technical analysis.

The XM Group execution policy is well respected and, since being put into practice in 2010, they have had no rejection of orders and no requotes at all. Our review of XM Group discovered that 100% of orders with this broker are executed, and 99.35% are executed within 1 second. Although the registration process is quick and straightforward, there are some details you’ll need to know before beginning the process. What’s more, to start trading, you’ll also need to verify your email address and validate your account by supplying documentation. Download and open the trading platform software and log in with your new XM credentials.

xm group review

Trading platform

It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. XM Group has 5 minimum deposit limits, depending on which account type you select. You can open a Micro or Standard account with the broker for as little as $5, whilst $50 is the minimum deposit for the Ultra Low Account and $100 is needed to open a Zero Account. There is also a minimum deposit of $10,000 required to open a Shares Account.

Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either. 😊 We understand that bank transfers can sometimes take longer due to the banking process.

XM offers access to a wide range offinancial instruments, allowing traders to diversify their portfolios and takeadvantage of opportunities across global markets. With over 1,400 instrumentsavailable, XM ensures that traders have flexibility in their tradingstrategies. MetaQuotes made a real breakthrough by releasing the MetaTrader 5 multi-asset trading software system in 2010. The new platform allows trading Forex symbols, stock instruments and futures.

MetaTrader 4 (MT4) is one of the most widely used forex trading platforms in the world. Its popularity stems from its user-friendly interface, reliable performance, and comprehensive tools for market analysis. XM Group offers both desktop and mobile versions of MT4, allowing traders to access their accounts from any device. The platform includes a wide array of charting tools, technical indicators, and expert advisors (EAs) for automated trading, making it a favorite for traders at all skill levels. XM Mobile trading app boasts a secure and highly intuitive interface with seamless connections to the MetaTrader platforms.

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