XM.com Company Profile Official Website
XM.com (XM) is a globally renowned Forex and CFD broker established in 2009, known for its extensive international presence, diverse account types, rich educational resources, and a strong emphasis on customer service. The XM Group serves millions of clients worldwide, offering trading services in a wide range of financial instruments including Forex, Share CFDs, Indices, Commodities, and Cryptocurrency CFDs.With its multi-regulatory background, low minimum deposit requirements, and comprehensive support for the MetaTrader platforms, XM is committed to providing a user-friendly and accessible trading experience and excellent customer service to retail clients globally.
XM.com Quick Overview
Item | Details |
Year Founded | 2009 |
Main Operational Hubs | Cyprus, UK, Australia, Belize, etc. |
Main Regulations | CySEC (Cyprus), ASIC (Australia), FSC (Belize), DFSA (Dubai) |
Market Instruments | Forex, Share CFDs, Index CFDs, Commodity CFDs, Cryptocurrency CFDs |
Minimum Deposit | $5 USD |
Maximum Leverage | Up to 1000:1 |
Main Platforms | MT4, MT5, XM App, WebTrader |
Demo Account | Yes (Virtual funds provided) |
Customer Support | 24/5 multilingual live chat (some languages may be 24/7) |
Pros & Cons
Pros | Cons |
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Is XM.com Legit?
Yes, the XM Group is authorized and regulated by multiple financial authorities through its subsidiaries in different regions worldwide, including CySEC and ASIC, ensuring its operational legitimacy and commitment to client fund safety.Regulatory Body | Regulated Entity | Status/License No. |
CySEC (Cyprus) | Trading Point of Financial Instruments Ltd | Regulated (120/10) |
ASIC (Australia) | Trading Point of Financial Instruments Pty Ltd | Regulated (AFSL 443670) |
FSC (Belize) | XM Global Limited | Regulated (000261/309) |
DFSA (Dubai) | Trading Point MENA Limited | Regulated (F003484) |
Market Instruments
XM offers a wide range of financial instruments to meet the diverse portfolio needs of different traders.Tradable Assets | Supported (and General Info) |
Forex | Yes (Over 55 pairs) |
Share CFDs | Yes (Over 1200) |
Index CFDs | Yes (Cash and Futures Indices) |
Precious Metal CFDs | Yes (Gold, Silver) |
Commodity CFDs | Yes (Energies, Soft Commodities) |
Cryptocurrency CFDs | Yes (Over 30, region-dependent) |
Account Types & Fees
XM provides multiple account types to suit different traders' needs and capital sizes, with a minimum deposit of just $5 for most accounts.Important Reminder: Account types and terms (such as minimum deposit, leverage, spreads, commissions, etc.) and related promotions offered by forex brokers often change. The account information provided in this review is based on publicly available data at the time of writing. To ensure you have the most current and accurate account details, it is strongly recommended that you visit the official XM.com website or contact their customer service directly for confirmation before making any decisions.
Account Type | Minimum Deposit | Spreads & Commissions |
Micro Account | $5 | Spreads from 1.0 pip, no commission |
Standard Account | $5 | Spreads from 1.0 pip, no commission |
XM Ultra Low Account | $5 | Spreads from 0.6 pips, no commission |
Shares Account | $10,000 | Market spreads, commission applies (varies by exchange) |
Trading Platforms
XM primarily offers the industry-standard MetaTrader series platforms and its proprietary mobile application.Trading Platform | Supported |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
XM App (Mobile) | Yes (iOS & Android) |
WebTrader | Yes (For MT4/MT5) |
Demo Account | Yes |
Deposits & Withdrawals
XM offers a variety of convenient deposit and withdrawal methods, with XM typically covering the transaction fees.- Credit/Debit Cards: Visa, MasterCard, Maestro, UnionPay, etc.
- E-Wallets: Skrill, Neteller, Perfect Money, WebMoney, Sticpay
- Bank Wire Transfer: International Bank Transfer
- Local Bank Transfer/Online Payments: Various regional options
- Crypto Wallet: Binance
Note: XM covers all deposit and withdrawal fees from payment providers. Withdrawal requests are typically processed within 24 working hours. It is recommended to check the official website for the most accurate payment options and terms for your region.
Education & Tools
XM invests heavily in trader education, providing very comprehensive learning materials and market analysis tools.Resource Type | Provided |
XM Live Education | Yes |
Webinars | Yes |
Video Tutorials | Yes |
Forex Seminars | Yes (Worldwide) |
Market Analysis & Commentary | Yes |
Trading Signals | Yes (Provided for free) |
Economic Calendar | Yes |
Trading Calculators | Yes |
Conclusion Official Website
Overall, XM.com is a large broker with a wide global reach that is extremely friendly to beginners. Its low minimum deposit, extensive educational resources, excellent multilingual customer support, and generally free deposit/withdrawal policy make it a popular choice for newcomers and traders seeking comprehensive support. The XM Ultra Low account also provides a good option for clients who have certain requirements for spreads.While its standard spreads are not the lowest in the market and high leverage primarily relies on offshore regulation, its overall service convenience and investment in client education give it a significant position in the industry.
Frequently Asked Questions (FAQ)
Question | Answer |
Which major authorities regulate XM.com? | XM is regulated by multiple authorities including CySEC (Cyprus), ASIC (Australia), FSC (Belize), and DFSA (Dubai). |
What is the minimum deposit at XM.com? | The minimum deposit for XM's Micro, Standard, and Ultra Low accounts is typically just $5 USD. The Shares account requires a higher deposit ($10,000). |
What trading platforms does XM.com offer? | XM primarily offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its proprietary XM mobile app. |
What are the spreads and commissions for the XM.com Ultra Low account? | The XM Ultra Low account features spreads starting from 0.6 pips and does not charge any additional commission. |
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