XM com Broker Review: Whats the Deal With the Huge Leverage?

XM com Broker Review: Whats the Deal With the Huge Leverage?

XM may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days). This fee encourages active trading and helps cover administrative expenses. I am quite lucky to end up here because this broker is well-known for being one of the most respectable and decent ones in the whole industry. Many awards, strong regulations, lots of reviews and everything made me start trading here, even though I wasn’t in search of another broker.

What makes XM Group different from other trading platforms?

However, we are especially impressed by the human contact that is available and is an excellent service for novice traders. It is difficult to think of what they could do more to support their customers. For traders outside Europe and under the XM Global entity, there are bonuses available.

Withdrawal Options at XM

You can trade all the instruments available at XM on the MT4 platform except individual stocks, which can only be traded on MT5. All withdrawals above $200 processed by wire transfer are included in XM’s zero fees policy. First, you fill in some basic information including your name, address, and some information about your financial background and trading experience. XM’s forex fees are average and you can also expect to pay an inactivity fee if your account is dormant for more than xm broker review 90 days. XM is an online broker for trading on forex with a strict no re-quotes and no rejections policy.

• We appreciate your thoughts on the platform’s interface, and we’re always working on improving our services.
• Asmall commission is charged per lot traded, making it an excellent choice forscalpers and high-frequency traders seeking cost efficiency and precision.
• So I got deposit bonus when I first signed up, and my trading equity just got bigger, for nothing..
• That said, traders are encouraged to do their own research and decide whether XM is the right broker for their needs.
• The spreads vary depending on the account type and marketconditions.

Deposit and Withdrawal Fees:

If you would like to use these tools, you will need to access the personal account manager. On WebTrader, you will have access to the same functions that you will find on the desktop. The only difference is that you will not have to install the app if you access it from the web. On mobile, access the relevant XM server to get the best service. Both Mt4 and MT5 are available for download on iOS and Android devices.

Shares:

Dealing desk brokers can manage the risk of their clients’ trades in two ways. They can keep it in-house (and therefore effectively take the other side of the trade to the client), or they can push the risk out to liquidity providers. There is no way of knowing how much risk a dealing desk broker such as XM would take on. There is no way of knowing how often, if at all, XM trades against its clients. XM does not appear to offer STP (Straight Through Processing) or ECN (Electronic Communications Network) trading accounts. So there is no Direct Market Access and it means that XM can set the price that traders receive.

• In this case, a one-time account maintenance fee of 15 USD (or the equivalent in another currency) is charged, followed by a monthly fee of 5 USD for each month of inactivity.
• Still, the Standard account with above-market average spreads, swaps, and possible inactivity fees balances out this advantage.
• XM is a forex and CFD broker that provides online trading services globally.
• XM offers a comprehensive range of trading instruments and an easy-to-use platform.
• Most of XM’s account types offercommission-free trading, with the broker earning revenue from the spread.

Standard Account:

All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. XM is a well-rounded broker suitable for traders of varying experience levels. Its competitive features, regulatory compliance, and commitment to user satisfaction make it a viable choice for those looking to explore the world of trading. As always, potential traders should conduct thorough research before making their final decision.

Top Rated Online Best Forex Brokers 2025

Just 1200 mxp will give me 400$ trading credit, which is just a free account with money basically.. Also the profit made there can be withdrawn, so the possibilities here are a lot. Also, we found that the service is of good quality with reliable and relevant answers, which confirms XM’s client-oriented policy. This wide spectrum helps traders to create diverse portfolios and profit from several market trends covering most of the popular asset classes, also some less popular too. XM does not provide ETFs or options; hence some investors may have less opportunities if prefered.