XM.COM – Forex Broker review

XM.COM – Forex Broker review
3.8 (75%) 4 votes

Read XM.COM forex broker review, rating and detail information for their services below. XM, formerly known as XEMarkets, is a trading name of Trading Point Holdings Ltd headquartered in Cyprus. XM Group is a group of regulated online brokers.

Trading point of financial instruments Ltd was established in 2009 and it is regulated by the Cyprus securities and exchange commission (CYSEC 120/10), Trading point of financial instruments Pty Ltd was established in 2015 and it is regulated by the Australia securities and investments commission (ASIC 443670) and Trading point of financial conduct authority (FCA 705428).

XM.COM Detail Information

Company Trading Point of Financial Instruments Ltd.
Founded in 2009
Founded in 2012
Offices in Australia, Cyprus, Greece, Hungary
Payment options CashU, Credit/debit cards, FasaPay, giropay, iDEAL, Moneta.Ru, Neteller, paysafecard, QIWI, Skrill, SOFORT, UnionPay, WebMoney, Western Union, Wire transfer
Demo platforms MetaTrader 4
Account currencies Australian dollar, Euro, Great Britain pound, Hungarian forint, Japanese yen, Polish złoty, Russian rouble, Swiss franc, United States dollar
Currency pairs
AUD/CAD AUD/CHF
AUD/JPY AUD/NZD
AUD/USD CAD/CHF
CAD/JPY CHF/JPY
CHF/SGD EUR/AUD
EUR/CAD EUR/CHF
EUR/DKK EUR/GBP
EUR/HKD EUR/HUF
EUR/JPY EUR/NOK
EUR/NZD EUR/PLN
EUR/SEK EUR/SGD
EUR/TRY EUR/USD
EUR/ZAR GBP/AUD
GBP/CAD GBP/CHF
GBP/DKK GBP/JPY
GBP/NOK GBP/NZD
GBP/SEK GBP/SGD
GBP/USD NZD/CAD
NZD/CHF NZD/JPY
NZD/SGD NZD/USD
SGD/JPY USD/CAD
USD/CHF USD/DKK
USD/HKD USD/HUF
USD/JPY USD/MXN
USD/NOK USD/PLN
USD/SEK USD/SGD
USD/TRY USD/ZAR
Regulated by ASIC, 443670
BaFin, 124161
CNMV (Spain), 2010157773
CySEC, 120/10
FCA (UK), 538324
FSP (New Zealand), FSP235905
Website available in Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish
Support available in Arabic, Chinese, Dutch, English, French, German, Greek, Hindi, Hungarian, Indonesian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish
Support methods Callback, Email, Live chat, Phone
Trading server time zone GMT+2

XM.COM Features

  • Interest rate on funds
  • Bonus offers
  • Free education
  • Personal manager
  • Trading by telephone
  • Segregated accounts
  • Affiliate program
  • Islamic accounts available
  • Requires sending documents via postal mail

Account Types

  • Micro Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Standard Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Executive Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Islamic Account
    • Hedging
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading

XM.com Review and Rating

XM.com is UK based organization and well regulated in EU and Australia. They are quite popular among traders. XM.com provides forex and over 350 CFD instruments, including cryptocurrencies. Finally they are committed to satisfying traders with honesty and transparency. XM.com has a good numbers of educational content including Daily forex Trading Signals.

Support
80%
Platform
70%
Bonus
90%
Commission
80%
Education
70%

Pros

  • Well regulated
  • Competitive pricing
  • MT5 Web available
  • Phone Trading
  • Choice of Trading Accounts
  • Islamic Account available
  • Cryptocurrencies available
  • Choice of Platforms
  • Multi-language Customer Service

Cons

  • Higher Spread in different account
  • $5 / Month Inactivity Fee
7.8

Average Score

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