XM Journal

Journal status: live
XM joined in | not yet
XM Profile
Website
www.xm.com
Year
2009
Country
Cyprus, Belize, UAE, Australia, South Africa
Branches
6
Regulation
CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa
Registration
CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa, BaFin Germany, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FSA Finland, KNF Poland, AFM Netherlands, FI Sweden
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Israel, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
...
LPs quality
...
LPs names
...

XM Accounts
MM
Minimum Deposit
5 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
1 pips
Commission
0 $/lotRT
Volume
50 lots
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney
Base currency
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is XM safe?

  • Investor protection: Cyprus Investor Compensation Fund (ICF)
  • Regulation: CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa
  • Registration: CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa, BaFin Germany, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FSA Finland, KNF Poland, AFM Netherlands, FI Sweden
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is XM trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • XM website: highly detailed, updated ★★★★★
  • XM popularity (by visitor count): top visited ★★★★★
Leverage 1000:1*
*Leverage depends on the financial instrument traded. Leverage is fixed 30:1 for clients registered under EU/AU and MENA regulated entity.
* Bank wire transactions below $200 are subject to fees. Please note that payment methods depend on the XM entity.

Deposit methods*, Base currency*
*Varies by entity.

How XM works



*Leverage depends on the financial instrument traded.
Leverage is fixed 30:1 for clients registered under EU/AU and MENA regulated entity.

Chapter H: General Provisions

63. Market Making
63.1 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a "Market Maker", i.e., we may take the risk of holding certain number of Supported Financial Instruments in order to facilitate trading in these Financial instruments by displaying 'bid' and 'ask' prices ('buy' and 'sell' quotations) for such Supported Financial Instruments on our Online trading Facility...

63.4. You accept that, in such Markets we act as Market Maker, we may hold positions that are contrary to your positions an/or the positions of certain other of our clients, resulting in potential conflict of interest between us, and any such other of our clients.
https://www.xm.com/assets/pdf/new/terms/XM-Client-Agreement-Terms-and-Conditions-of-Business.pdf?v8



Comments

Tue, 05/13/2025 - 13:33

Pasut Putrie

The metatrader 4 trading platform works finely. It’s better than their proprietary mobile app. It has much more functionality, even though it may seem outdated for first time users. The coolest thing about it is that I haven’t encountered any slippage yet. It seems this broker is working with top-notch liquidity providers.

Wed, 05/07/2025 - 08:55

Kapil Nigam

The experience I get from trading with this broker is indeed great. It opens my mind to the possibility of the great things that can be done in the market when we have the right platform and resources at our disposal… The withdrawal methods are convenient and safe, e--methods work better for me.

Wed, 05/07/2025 - 05:10

TavioCas

Everything is right about xm. But, this market maker part, I didn’t feel that they use this exact model. Yeah, order execution speed was fast and free from slippages. Why, it’s another question.

Mon, 04/28/2025 - 19:06

Davi Cunha

Ultra low account on here has really low spreads and no commissions.

Sat, 04/19/2025 - 12:00

Ivone Toscano

Hmm, I'm pretty sure you can get higher leverage if you're registering for the global version of xm. Not that I would want to(30 to 1 is wayy more than enough for me)
It's an old broker, one of the first in the field, really. This fact doesn't make it a bad broker to trade with though, everything is tested by time so there are little to no disturbances to your trading. If you want something new and exciting, they have some exotic asset options too.
Oh and don't forget about competitions, these are fun too

Fri, 04/18/2025 - 11:28

fiorentino

Thanks for the information. I was struggling to distinguish between a market maker dealing desk and non-dealing broker. Now, I see the difference. I think it doesn't create much impact for the average trader. At least, it was a smooth and ordinary trading experience with xm. Transparency in quotes, fast execution, nothing suspicious was detected. Well, this you might expect from regulated broker.

Thu, 04/17/2025 - 09:41

Rory

I like XM promos and bonuses a lot and I get 100% on my deposit this means now my equity is just 2x more .

Sun, 02/02/2025 - 17:39

Saado

Good

Wed, 05/08/2024 - 05:51

MANGESH SHELAR

Need to know about the brocker




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