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
XM

8.6  2024 Award Winner

   204,925   people choose this broker   
Fee levelLow 8.3/10
Inactivity feeNo
Investor protectionYes
Mobile platformYes 8.3/10
Minimum Deposit5000

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)
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