XM
Why Choose XM
XM is a reputable forex broker that offers a wide range of benefits to traders, including regulatory compliance, competitive trading conditions, advanced platforms, educational resources, excellent customer support, and promotional offers. If you are looking for a reliable and trustworthy broker to kickstart your trading journey, XM could be the ideal choice for you.Pros
- Regulated by multiple authorities
- Wide range of trading instruments
- Competitive spreads and low fees
- Advanced trading platforms
- Excellent customer support
- Regular bonuses and promotions
Cons
- Limited cryptocurrency
- Withdrawal fees may apply
- Limited range of account types
Commision & Fees
XM offers competitive commission and fee structures for trading. They typically charge low spreads on trades and may have varying commission rates based on the account type and trading instruments. It's recommended to visit the official XM website or contact their customer support for detailed information on commissions and fees specific to your trading needs.Broker Safety
XM broker safety: Regulated by CySEC, ASIC, and IFSC Segregated client funds Negative balance protection Client fund insurance through ICF Advanced security measures Established reputation since 2009 Responsive customer support These factors contribute to the safety and security of funds and personal information when trading with XM broker.Deposit Withdrawal
Pros
- Fast processing times
- Multiple withdrawal options
- No withdrawal fees
- Secure transactions
- Transparent policies
Cons
- Withdrawal limits
- Processing delays
- Currency conversion fees
- Withdrawal restrictions
Regulators
| Country | Regulator |
|---|---|
| (CySEC) | Cyprus Securities and Exchange Commission |
| Australia | Australian Securities and Investments Commission (ASIC) |
| Rest of the world | Financial Services Commission of Belize (IFSC) |
| EEA countries except Belgium, Switzerland, Greece, and Cyprus | Financial Conduct Authority |
| Middle-East | Dubai Financial Servies Authority (DFSA) |