XM Review – A Review of The ‘Big, Fair and Human Broker’

Why trade with XMXM Review:

  • No requotes
  • Negative balance protection
  • Up to $5000 bonus
  • Zero fees
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XM offer their clients Forex, Commodities, Indices, Precious Metals and Energies. Read our XM review below to find out more.

Regulation

Licensed by CySEC under license number 120/10 and Australian Financial Services Licence by ASIC (number 443670)

Funds Safety

XM collaborates with Barclay’s bank and use segregated accounts to ensure security.

Platforms

MT4, available on PC, mobile phones and web version.
Leverage – 1:1 to 1:888
Spreads – from 0 pips
Volume – 0.01 lots
Currency – USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR

xm

Account Types

The following types of accounts are availale at XM

Micro Account
Standard Account
XM Zero Account
Islamic Account

Minimum Deposit

You can deposit a minimum of $5

Commission

On Zero accounts the commission is 10$ per 100 000$ (1 Lot) traded

Documents

  • A color copy of valid passport or other official identification document issued by authorities (e.g. driver’s license, identity card, etc).
  • A recent utility bill (e.g. electricity, gas, water, phone, oil, Internet and/or cable TV connection, bank account statement) dated within the last 6 months and confirming your registered address.

Deposits and Withdrawals

Credit Cards, Electronic Payment, Bank Wire Transfer, Local Bank Transfer.

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