XM Group

Operational Since:

2009

Country where domiciled:

Cyprus

International offices:

Regulation:

YES - CySec Cyprus, Bafin Germany, FSC Mauritius, FSA Seychelles, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FIN-FSA Finland, KNF Poland, AFM Netherlands, FI Sweeden

Broker Status:

Independent broker -

Broker Type:

Market Maker

US Clients Accepted:

Average Monthly Volume In USD:

Source To Prove Volume:

BROKER WEBSITE

Accounts

Mini Account:	NO	Minimum Deposit ($US):	N/A
Standard Account:	YES	Minimum Deposit ($US):	$5
ECN Account:	NO	Minimum Deposit ($US):	-
VIP Account:	NO	Minimum Deposit ($US):	-
Micro Account:	YES	Minimum Deposit ($US):	$5
Zero Account:	YES	Minimum Deposit ($US):	$100
Ultra Low Account “XM Ultra Low Account is not applicable to all entities of the Group. Account availability depends on the client’s country of residency”:	YES	Minimum Deposit ($US):	$50
Base account Currencies offered:	USD

Leverage

Maximum Leverage for Mini Account:	-
Maximum Leverage for a Standard account:	30/1 “This Leverage applies to all the EU regulated entities of the Group. Leverage depends on the financial instrument traded and on clients’ country of residence”
Maximum Leverage for an ECN account:	-
Maximum Leverage for a VIP account:	-
Maximum Leverage for Micro Account:	30/1 “This Leverage applies to all the EU regulated entities of the Group. Leverage depends on the financial instrument traded and on clients’ country of residence”
Maximum Leverage for Zero Account:	30/1 “This Leverage applies to all the EU regulated entities of the Group. Leverage depends on the financial instrument traded and on clients’ country of residence”
Maximum Leverage for Ultra Low Account “XM Ultra Low Account is not applicable to all entities of the Group. Account availability depends on the client’s country of residency”:	30/1 “This Leverage applies to all the EU regulated entities of the Group. Leverage depends on the financial instrument traded and on clients’ country of residence”

Lot Size

Minimal lot size for a Mini account:	-	Increments:	-
Minimal lot size for a Standard account:	0.01 Lots	Increments:	-
Minimal lot size for an ECN account:	-	Increments:	-
Minimal lot size for a VIP account:	-	Increments:	-
Minimal lot size for Micro Account:	0.01 Lots (MT4) & 0.1 Lots (MT5)	Increments:	-
Minimal lot size for Zero Account:	0.01 Lots	Increments:	-
Minimal lot size for Ultra Low Account “XM Ultra Low Account is not applicable to all entities of the Group. Account availability depends on the client’s country of residency”:	0.01 Lots	Increments:	-

Payment Options

Deposit Options:	Multiple Local Payment Methods (BankCard, MasterCard, Neteller, WebMoney, Skrill, Qiwi, Diners Club, Bank WIre, CashU, FasaPay, GiroPay, iDeal, paysafecard, Przelewy24, UnionPay, Sofort)
Withdrawal Options:	Multiple Local Payment Methods (BankCard, MasterCard, Neteller, WebMoney, Skrill, Qiwi, Diners Club, Bank WIre, CashU, FasaPay, GiroPay, iDeal, paysafecard, Przelewy24, UnionPay, Sofort)

Products

Products for Mini Account:	---
Products for Standard Account:	Forex Trading, ---
Products For ECN Account:	---
Products For VIP Account:	---
Products for Micro Account:	Forex Trading, ---
Products for Zero Account:	Forex Trading, ---
Products for Ultra Low Account “XM Ultra Low Account is not applicable to all entities of the Group. Account availability depends on the client’s country of residency”:	Forex Trading, ---

Spread & Commission

Commission:	YES	Account:	XM Zero Account
Commission Fees:	$3.5 per $100,000 traded Only on XM Zero Account
Spread type (Fixed,Variable):	Variable	Accounts:	All Accounts
Spread on EURUSD on a Mini account:	-
Spread on EURUSD on Standard account:	1.0 Pip Minimum
Spread on EURUSD on ECN account:	-
Spread on EURUSD on VIP account:	-
Spread on EURUSD on Micro Account:	1.0 Pip Minimum
Spread on EURUSD on Zero Account:	0 Pip Minimum
Spread on EURUSD on Ultra Low Account “XM Ultra Low Account is not applicable to all entities of the Group. Account availability depends on the client’s country of residency”:	1.0 Pip Minimum

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional:	NO
Premium Trading Conditions Offered:	-
Briefly describe main Advantages:	-

Trading Terms

News Trading:	YES
Mirror/Social Trading:	NO	Mirror Trading Providers:	-
Scalping:	YES
Hedging:	YES
Expert Advisors:	YES
Trading platforms available:	MT4 PC/Mac/Multiterminal/WebTrader/iPhone/Android), MT5 (PC/Mac/WebTrader/iPhone/Android)
Trading platform's Time zone:	GMT+2
Decimal Pricing:	5 Digits
Execution:	Market execution	Accounts:	Mini and Standard
Total Number Of Liquidity Providers:	-
ECN/STP Liquidity Provider:	-
ECN/STP Working With:	-
Trailing Stops:	YES
OCO Orders:	NO
One-Click Execution:	YES
Mobile Trading:	YES
Web-Based Trading:	NO
API Solutions:	NO
Currency Pairs Total:	55+	Exotic Pairs Included:	20
Gold, Silver:	Both
Oil:	YES
CFD’s:	YES
MAM/ PAMM solutions For Fund Managers:	NO
Managed Account Services For Investors:	NO
Swap-Free Accounts:	NO
- Available To Anyone:	NO
- Islamic Clients:	YES
- Restrictions Applied:	YES
Segregated Accounts:	YES
Interest On Unused Margin:	NO
Bonuses Or Rewards:	YES
Trading Contests:	NO
Binary Options:	NO
Spread Betting:	NO
Trading On Bitcoin:	YES
Affiliate Program:	YES
Affiliate Programs Offered:	CPA and Revenue Share
Conditions For Affiliates:	https://affs.click/tMWdy
Awards won:	Best Forex Customer Service Awarded by Shares Magazine UK Forex Awards 2018 Shares Magazine Best Market Research & Education Awarded by Capital Finance International Magazine (CFI.co) Capital Finance International Magazine (CFI.co) Best Trading Support for 2017 Awarded by Capital Finance International Magazine (CFI.co) Capital Finance International Magazine (CFI.co) Best FX Service Provider for 2017 Awarded by City of London Wealth Management Awards 2017 City of London Wealth Management Awards Brokers Billboard 2016 Best Local Customer Service 2016 FX168 Investment & Finance Expo, 2016 Fastest Growing Broker MENA 9th Saudi Money Expo Brokers Billboard 2015 Best FX Technology Provider 2015 FX168 Expo & Conference 2014 Best FX Technology Provider 2014 6th Saudi Money Expo Investment & Finance Expo Best FX Technology Provider 2014 10th China Int. Investment & Finance Expo Forex Broker Awards Best FX Broker Europe for 2018 World Finance Forex Awards 2018 World Finance Magazine Best International Broker in the MENA Region Awarded at the Egypt Economic Forum 2018 Egypt Economic Forum Best Forex Execution Broker Awarded by Shares Magazine "UK Forex Awards 2017" Shares Magazine Best FX Broker Europe for 2017 World Finance Forex Awards 2017 World Finance Magazine Industry Selection of 2016 Best Gold Broker 2016 CNFOREX.COM Industry Selection of 2016 Best Forex Broker 2016 CNFOREX.COM Brokers Billboard 2015 Best Local Customer Service 2015 FX168 Forex Platform Awards International Investment & Finance Expo Best Forex Platform 2015 5th China Investment Finance Expo Expo & Conference 2015 Best Financial Trading Platform 2015 8th Saudi Money Expo MENA 12th Forex Show 2013 Best Innovative Forex Provider 2013 ARABCOM Group Various Other Accolades Industry selection of World Finance 100 Excellence in the financial industry World Finance 100 Standard for Better People Management Accredited as Investors in People Investors in People Football Tournament First Runner Up 2014 XM – CitiFX

67 customer reviews

4.4 out of 5 stars

From 4 to 5

49
From 3 to 4

17
From 2 to 3

1
From 1 to 2

0
From 0 to 1

0

Platform - Performance, Usability

88%
Pricing - Spreads, Fees

90%
Features - API, News Service

90%
Support - Fund Options, Integrity

91%

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Nicolas Velasquez

Public Review

1 rating

Standard account

4 days ago.

Broker Review - Overall

A standard account is actually a better choice if you want to participate in diff promotions and get bonuses cuz bonuses aren’t applied on an ultra low acc.

Broker Advantages

Stable spreads and low swaps

Broker Disadvantages

No bonuses on an ultra low acc

Overall Trading Experience

3 years live + 3 months demo

Trading Experience with this Broker

1 year live + 1 week demo

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
90%
Features - API, News Service
90%
Support - Fund Options, Integrity
100%

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Husan Rahimov

Public Review

1 rating

Reliable hub for traing, and investing as well

9 days ago.

Broker Review - Overall

Good broker, theres also stocks to invest in, from 10k+.

Broker Advantages

Tight spreads, nice variety of assets.

Broker Disadvantages

somewhat not advanced tools, beyond the MT5.

Overall Trading Experience

Positive, but had to learn a lot ot get there.

Trading Experience with this Broker

1 Year Live

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
80%
Features - API, News Service
90%
Support - Fund Options, Integrity
90%

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Mateo Vargas

Public Review

1 rating

Solid, reliable broker atm

12 days ago.

Broker Review - Overall

XM is very stable, works for a long time, has fair pricing. good for daily trading imo.

Broker Advantages

Fast execution, long history, helpful support.

Broker Disadvantages

Minor news feed delays.

Overall Trading Experience

2 Years Live

Trading Experience with this Broker

1 Year Live

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
80%
Features - API, News Service
80%
Support - Fund Options, Integrity
100%

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T L

Public Review

1 rating

Trading gold right after

18 days ago.

Broker Review - Overall

I was trading gold right at the new session during CPI publication. Not gonna lie, the spread was wider and the first candles were messy enough that my entry made no sense. I just waited 10 minutes and after that I saw a cleaner setup. In normal sessions, xm holds spreads really tight.

Broker Advantages

Spreads remain tight most of the time.

Broker Disadvantages

Bonuses and promotions can’t be applied on an ultra low acc...

Overall Trading Experience

3 years live + 2 months demo

Trading Experience with this Broker

2 years live + 1 week demo

Platform - Performance, Usability
90%
Pricing - Spreads, Fees
80%
Features - API, News Service
80%
Support - Fund Options, Integrity
80%

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Niran Suksan

Public Review

1 rating

Close to be perfect

18 days ago.

Broker Review - Overall

For CFD trading, I didn’t find any major flaws about the broker. Rich in features and overall works fine. Personally, I was ok with smooth execution and timely withdrawals of my gains, but xm offered more than this, something useful for my trading.

Broker Advantages

Features, such as AI market insights and live webinars, copy trading, unique assets like thematic indices, fast support.

Broker Disadvantages

Nothing really, though gotta admit spreads on standard account are wider than industry average.

Overall Trading Experience

8 months of real funds xp.

Trading Experience with this Broker

4 months with the broker

Platform - Performance, Usability
90%
Pricing - Spreads, Fees
90%
Features - API, News Service
90%
Support - Fund Options, Integrity
100%

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