XM - a large and reliable broker
XM.com – is the brand of the global financial holding company Trading Point Holdings Ltd, which is present in 190 countries on four continents. The company was founded in 2009 and has become one of in the Forex industry in terms of the growth of new clients' accounts.
XM.com broker services is explained by the team's verified approach to the development of the chosen business model. The Company treats all of his clients equally, regardless of the size of the account.
The principle of equal treatment of each client, regardless of the size of the account. Any trader gets unambiguously transparent trading conditions, full access to innovations and reliable protection of transferred funds.
Since opening in 2009, the Trading website Point.com became one of the first in the industry to provide customers with online support 24 hours a day, and one of the fastest executions market orders. The company initially focused on the Metatrader trading platform, providing automatic updates to the latest versions of the program's builds.
In 2010, the broker received a particularly valued in trading circles European Union currency license, which guarantees full protection of clients' funds.
By developing innovations in the field of trading platform, Trading Point provides clients with access to the MetaTrader 4 and MetaTrader 5 web-based terminal. Clients can trade from the browser anywhere as long as there is a computer and the Internet.
Trading via mobile apps was launched by the company in 2011, as soon as the stable version of Android was released. At the same time, specialists prepare the first training courses for beginners and launch webinars for professionals.
Starting this year, building on customer success is the company's new strategy to increase business revenue through it. As time has shown, it was the bet on the reputation of a profitable broker that provided the currency broker with the maximum influx of clients, after a series of high-profile scams of "Forex kitchens".
Having reached the international level, the company offers traders: VPS servers, free trading signals, all functional types of trading platforms, an expanded list of trading tools. Leading traders in different countries XM.com they conduct seminars and master classes, and corporate logos appear at sports events.
The team's efforts are awarded the first international awards – the fastest growing and best innovative broker, as well as the most optimal execution of orders.
Starting from 2014 broker XM.com receives an ever-growing influx of clients attracted by reputation, European license, loyalty programs and the ability to trade without initial investment. The company provides a deposit as a gift to each participant of the "Contests Arena" campaign, who get an additional opportunity to win cash prizes.
In 2015, the XM.com broker served 500 thousand customers, and this number increased to 1 million in 2016. Together with the community of traders who have chosen the most dynamic and innovative company in the Forex market, the number of international awards is growing.
As part of its development and professional growth, Trading Point opens new branches in Europe and the middle East, participates in sponsorship and large-scale charity projects of the UNICEF Foundation. The team in 2017 managed to get XM.com in the ranking of the top 100 largest firms in World Forex.
Among the growing client base, a request to trade securities appears, which leads to the emergence of another brand Trading.com. This broker does not trade currency, but deals with other types of assets. However, the XM.com broker still provides traders with access to more than 1000 different types of CFD contracts and currency pairs.
The list of trading instruments is expanding with a focus on regional markets. On the broker's website XM.com you can download 16 versions of Metatrader, where CFD contracts for Russian shares are available. Any technical problems and questions will be resolved by the support service, ready to listen and give detailed advice 24 hours a day.
Currency broker XM.com offers traders the excellent conditions for executing orders, without "predatory" negative balance conditions. In the Forex market and even on commodity exchanges, there were cases when clients went into negative balances and remained in debt to their brokers.
- XM.com guarantees protection against negative balance on all types of accounts
- Each trader is offered 3 types of account with the same conditions:
- Leverage of up to 1 to 888 (*This leverage does not apply to all the entities of XM Group. The maximum leverage for clients registered under the EU regulated entity of the Group is 30:1.)
- No explicit or hidden fees
- Free choice of swap-free mode
Hedging positions mode
You can open an account with a $5 deposit. This amount will be enough for trial trading if you select the "micro" account, which turns $1 into a deposit of 1000 units. As your skills grow, you will be able to open an XM Ultra Low account, where you can get access to ultra-low spreads of 0.6 points with a deposit of $50 or more.
The Shares account is a special one, it opens access to real spot shares on the world's leading exchanges
Unlike CFD contracts, everything is real here – direct withdrawal of orders to the Order Book of world stock exchanges, ownership of securities, and receipt of dividends.
Like all stock brokers XM.com requires a minimum deposit of $10000, and charges for maintaining a loan account. In addition to brokerage fees, the client pays exchange fees, but the actual purchase and sale of securities justifies all expenses. A trader can become an investor or a rentier living off dividends.
The choice of account type is up to the trader, but the company allows you to open up to 10 types of accounts and manage them from a single multi-client MetaTrader terminal.
16 types of trading terminals are supported by the XM.com broker
Accrual of profit for each trade transaction regardless of the result
The loyalty program allows the client to earn XMR points that are awarded when positions are closed. The trader can exchange them to top up the deposit, in order to not to deposit real money to the account. XM.com broker bonuses are credited not only for trading, account opening and trading activity are additionally encouraged by the company.
Obvious benefits of working with XM.com Forex broker:
- Zero fees on deposits and withdrawals
- Free VPS service for round-the-clock robotrading
- Two-Tier Deposit Bonus - 50% up to $500 and 20% up to $4500
Regulatory body and licenses
XM.com broker has chosen three significant Regulators for the convenience of clients, guarantees of reliable protection of funds and transparent conditions for providing trading services in the Forex market.
Clients from the European Union and all countries that recognize the EU license succession rules (MiFiD) can open accounts under the auspices of CySec. This is the regulator of Cyprus, whose activities received the highest rating, after significant political changes in the country. Now the CySEC license is one of the standards of the company's reliability in Forex.
ASIC – the second most important broker license XM.com, recognized in many regions of the Asia-Pacific region, Africa and the Middle East. It is issued by the Australian Securities Commission, after numerous objective checks of the company.
IFCS is one of the most common licenses among Forex brokers, so XM.com was no exception and registered in an offshore company. The issuing authority, the International Financial Commission of Belize, allows high-leverage trading. Such conditions do not exist for the above-mentioned regulators, without them, the broker is not so interesting to currency speculators.
Set of instruments:
- Currency pairs – basic, cross-pairs and exotics - more than 55 in total
- Stocks (spot) - exchanges from the US (62 companies), UK (21 companies), Germany (17 companies)
- CFDs on shares – 1044 companies from 18 countries, including Russia
- Agriculture - sugar, wheat, corn
- Oil and gas
- Precious metals and stock indexes
All accounts have floating spreads, with instant Market Execution of orders. Transactions are transferred directly to the inter-market by official liquidity providers.
The trader can opt to display the deposit from 11 currencies:
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
The distinctive conditions of the transactions:
- Trading robots are allowed on illiquid markets
- Automatic closing at a loss of 50% (stop-out), margin call -100% (EU Clients)
- There are no PAMM accounts or trading signals
- There are no cryptocurrencies
- There are no binary options
Deposit and withdrawal methods:
- XM covers all deposit and withdrawal transfer fees for payments made via Neteller, Moneybookers and all major credit cards (including VISA, VISA Electron, MasterCard, Maestro and China UnionPay). Additionally, all deposits and withdrawals above 200 USD processed by wire transfer are also included in our zero fees policy.
- Training: courses, webinars, and workshops in 19 languages of the world
- News and analytical forecasts, trading ideas and tools: total positions of traders, calculators
- Affiliate Program
- Free VPS for clients who maintain a balance (Equity-Credit) USD 5,000 or currency equivalent.
- $30 Non-Deposit Trading Bonus for new clients only. No end date for this promotion
- The two-tier deposit bonus offers 50
XM.com provides training to beginners and professionals on a regular basis. Every day, webinars, courses on the basics of trading and investment are organized. You can choose a language and find out the schedule on the XM.com website in the "research and education" section.
Professional traders can attend thematic seminars that are held around the world on topical topics that have been developed by the company's specialists for 8 years.
The training material is also available on YouTube, where it is further expanded by the user's guide to the Metatrader trading platform.
XM.com offers its clients to trade on the Forex market through the most popular and reliable MetaTrader platforms, supporting the 4th and 5th versions of this program. You can download a terminal via the corresponding option on the "Trading platforms" website, choosing from the 16 types presented:
- A desktop version that can be installed directly on your computer for various operating systems
- Mobile applications for iOS and Android
- Tablet version
- Web version for trading from different Internet browsers
Features of Metatrader 4 version from XM.com
- 10 accounts per user
- 1000 + instruments in one list
- Remote management of MT4, open on VPS (free of charge)
- Zero spreads
Features of Metatrader 5 from XM.com
- 10 accounts per user
- Spreads of 0.6 pips
- Support for hedging ("lock")
- Other conditions are similar to MT4
All of the above features are also used on the demo account, where the trader can use virtual funds in the amount of $100,000 for trading. All instruments and quotes are 100% close to real trading.
When opening and registering your personal account, use a special referral link to use the terms of "Free access" to all software on the site https://trading-go.ru/.
Registration of Personal Account with XM.com happens automatically when opening a trading account. You can do this on any page of the site by clicking the "Open a real account" option in the upper-right corner (1) or choose from two account options on the main page.
If you select a demo account, less data is entered, but it is important to comply with the following conditions:
- The limit is five accounts per user
- All information must be in Latin letters
- The user must choose a strong password and verify the data sent via a code in a text message
- You should immediately think about the choice of trading conditions – the version of the trading platform and the type of account, it is offered in two versions – Standart and Ultra.
Professional traders do not need advice on these issues, but beginners should pay attention to the nuances:
- MetaTrader 4 and 5 robots (expert advisors) are not compatible
- The Ultra account supports two types of lots (micro and standard). the broker will require the trader to make a $50 minimum payment to open it on a real account
After confirmation via SMS and receiving an email, the trader can install the trading platform by downloading the PC installer from the corresponding section.
If you plan to trade currency from your smartphone or tablet, open the XM.com website in the mobile version of the browser, and get a link to the app in GooglePlay or AppStore in the "Trading platforms" section.
Registration of a real account will require two stages and will give you more options for choosing trading conditions. In the first step, the trader will have to fill in personal data in Latin letters, specifying the phone number and email address.
The "Trade" section of the broker's home page will help you choose the XM.com account type
In the second step, the trader must fill out a complete set of data in the standard KYC format for financial documentation. Especially be careful and precise when filling in addresses, subsequently, you will have to confirm the additional documents.
The next block, consisting of the bonus on the account and information about the investor, can be filled in at will, it does not affect personal data.
The section "Knowledge and experience in trading" is also completely free information, it will help the XM.com target training offers and analytics mailing lists based on the client's stated level
The legal owner of the brand is XM Global Limited, a company registered in the Belize with the official address Belize, Cork Street, 5. The company's direct activities are supervised by the IFCS, but the broker is entitled to work in the European regulation on the basis of belonging to the holding company Trading Point of Financial Instruments Limited, registered in Cyprus.
The broker's support service works in 24/5 format, promptly answering questions in the online chat of the site. The official international communication channel is a phone call to + 501 223-6696. The company will also respond to an email sent to the Support Service: firstname.lastname@example.org.
The company's website: https://www.xm.com/
The broker's corporate social media accounts are present in Facebook instagram, Linkedin, Twitter, Instagram and YouTube
Questions and answers
Question: What if you already have an XM account?
Answer: You need to open a new trading account by clicking on link.
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