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September 7, 2017

Question:Differences between XM Global, XM UK, XM Trading and normal XM brand?

Answer:

Differences of XM Brands

XM is an international online FX and CFD broker which has many offices setup and different regulations acquired over 8 years.

Currently XM has several brands within, such as:

  • XM (regulated by CySEC)
  • XM UK (regulated by UK FCA)
  • XM Trading (regulated by Seychelles Financial Services Authority)
  • XM Global (regulated by IFSC)
*The above brands may be changed in the future.

XM accepts traders from all over the world(except some countries which the broker does not accept traders from), the XM brand and regulation which a trader will be managed under, differ depend on the country the trader reside in.

All of the XM brands normally offer the same service, but may be different depends on the regulation.

For more information, please contact XM support team to clarify your category.

Visit XM Official Website

Differences of trading conditions

As explained above, there are several different brands within XM Group.

Each of them are regulated and licensed by different financial authorities, and due to the differences, there are also some differences in terms of the trading conditions and the account types.

While it is possible that you cannot choose the XM brand to trade with due to regulatory reasons, we will show you the available account types and the trading conditions of each XM brand.

Note that the available account types and the trading conditions in this page maybe outdated. For the latest information, please visit XM Official Website.

How to open XM’s trading account

Want to find out more about the available account types and the comparison? Visit this article here.

1. Trading Account Types of XM Global

Account Types Micro Standard XM Ultra Low Spread Shares
Account Base Currency USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR EUR, USD, GBP, AUD, ZAR, SGD Only USD
Minimum Deposit 5 USD 5 USD 50 USD 10,000 USD
Minimum Spread 1.0 pip 1.0 pip 0.6 pips Depends on the exchange
Trading Commission None None None Certain Commission Charged
Trading Platforms MT4 and MT5 MT4 and MT5 MT4 and MT5 MT4 and MT5
Contract Size 1 lot = 1,000 units 1 lot = 100,000 units 1 lot = 100,000 units 1 lot = 1 share
Maximum Leverage 1:888 1:888 1:888 1:1
NBP (Negative Balance Protection) Supported Supported Supported Supported

Go to XM Official Website

2. Trading Account Types of XM Trading

Account Types Micro Standard XM Zero
Account Base Currency USD, EUR, JPY USD, EUR, JPY USD, EUR, JPY
Minimum Deposit 5 USD 5 USD 100 USD
Minimum Spread 1.0 pip 1.0 pip 0.0 pip
Trading Commission None None $10 per round turn lot
Trading Platforms MT4 and MT5 MT4 and MT5 MT4 and MT5
Contract Size 1 lot = 1,000 units 1 lot = 100,000 units 1 lot = 100,000 units
Maximum Leverage 1:888 1:888 1:500
NBP (Negative Balance Protection) Supported Supported Supported

5 Simple Steps to start Forex trading with XM

3. Trading Account Types of XM CY (Cyprus)

Account Types Micro Standard XM Zero
Account Base Currency USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR USD, EUR, JPY
Minimum Deposit 5 USD 5 USD 100 USD
Minimum Spread 1.0 pip 1.0 pip 0.0 pip
Trading Commission None None $7 per round turn lot
Trading Platforms MT4 and MT5 MT4 and MT5 MT4 and MT5
Contract Size 1 lot = 1,000 units 1 lot = 100,000 units 1 lot = 100,000 units
Maximum Leverage 1:30 1:30 1:30
NBP (Negative Balance Protection) Supported Supported Supported

Visit XM Official Website

Differences of bonus promotions

XM offers multiple bonus promotions, loyalty program and free VPS service.

Due to the differences of regulations, there are also differences to the available bonus promotions and special services.

Note that the available bonus promotions and the special services in each jurisdiction may change at anytime. For the latest information, please XM Official Website.

1. Bonus Promotions of XM Global

With XM Global which is regulated and licensed by International Financial Services Commission (IFSC) in Belize, you can benefit from the following bonus promotions and special services.

  • $30 No Deposit Bonus
  • 50% and 20% Deposit Bonus
  • Loyalty Program
  • Free VPS (Virtual Private Server)
  • No fees on fund deposit and withdrawal

In addition to the above promotions and offers, XM Global has launched “10 year anniversary promotion” on the occasion of its 10th corporate anniversary.

The “10 year anniversary promotion” is available only with XM Global and runs until August 2020.

How to get XM’s $30 No Deposit Bonus?

2. Bonus Promotions of XM Trading

With XM Trading which is regulated and licensed by Seychelles Financial Services Authority (FSA), you can benefit from the following bonus promotions and special services.

  • $30 No Deposit Bonus
  • 50% and 20% Deposit Bonus
  • Loyalty Program
  • Free VPS (Virtual Private Server)
  • No fees on fund deposit and withdrawal

XM trading covers all the popular promotions available by the XM brand.

With XM Trading, you can choose from the popular 3 account types which are Micro, Standard and XM Zero and participate in bonus schemes.

Note that 50% and 20% Deposit Bonus is not available for XM Zero account type.

Visit XM Official Website

3. Bonus Promotions of XM CY (Cyprus)

When you open an account with XM CY which is regulated and licensed by CySEC (Cyprus Securities and Exchange Commission) in Cyprus, you can only benefit from the following special services.

  • Free VPS (Virtual Private Server)
  • No fees on fund deposit and withdrawal

For investors who are interested in receiving bonuses, then XM CY (Cyprus) may not be the option.

The great advantage of trading with XM CY (Cyprus) would be the low trading cost.

With XM CY (Cyprus), you can trade from 0.0 pips spread with only $7 per lot commission on XM Zero account.

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