XM (Trading Point (Seychelles) Limited)

XM Broker Service Review, the Largest MT4 and MT5 Forex broker with international services.

BIG. FAIR. HUMAN.

See the trading condition of this Mega FX Broker.

xm-official-website
XM Official Website
Have you already been trading with XM? Leave your review and opinion of this broker to let other traders know your experience.

Who is XM?

XM is an online Forex and CFD brokerage firm founded in 2009, licensed by multiple regulatory authorities all over the world.

The service conditions maybe different depending on the jurisdiction you are under.

With XM, you can invest in over 1000 financial markets including Forex, Commodities, Equity Indices, Precious Metals, Energies and Cryptocurrencies.

XM is known as the largest MT4 broker in the world, according to Metaquotes (the developer of the platform).

To start investing with XM, register online from the page below.

XM Online Registration

If you already have an account with XM, visit the page here and login to the members area.

XM Company Information

XM is a fair and reputable online broker.

The company is licensed by a number of regulatory authorities including CySEC, UK FCA, ASIC and etc.

Traders’s funds are deposited into segregated bank accounts, and traders in Europe and UK are also protected by compensation fund set by the regulatory authorities.

XM sets high standards to its services, and over 2.5 million traders from over 196 countries have chosen XM to invest online.

For inquiries, XM’s support is available for 24/5 and more than 30 languages are supported.

Visit XM Official Website

XM’s Trading Account Types

With XM, you can invest in over 1000 financial instruments including Forex, CFDs on Stock Indices, Commodities, Stocks, Metals and Energies.

XM’s MT4 (MetaTrader4) and MT5 (MetaTrader5) trading platforms are compatible for any devices and anywhere.

There are 16 different trading platforms that are compatible with various types of devices including Windows, MAC, iOS (iPhones and iPad) and Android.

The available maximum leverage is 1:888.

NBP (Negative) is supported for all account types, thus traders do not lose more than they have in their accounts.

There are mainly 5 different account types with different conditions.

Account Name Micro Standard XM Ultra Low Micro XM Ultra Low Standard XM Zero
Maximum Leverage 888:1 888:1 500:1 500:1 500:1
Minimum Deposit $5 $5 $5 $5 $200
Minimum Trading Cost 1 pip 1 pip 0.6 pip 0.6 pip 0 pip ($3.5/per Lot)

Open XM Real or Demo Account

Below we will look into more details of each account type and features.

You can open multiple trading accounts with XM and use each account differently as they suit your trading strategies.

1. XM Micro Account

XM’s Micro account is suited for traders who want to trade with small trading volume.

XM’s standard lot size is 100,000 units (dollars).

In case of Micro account, the lot size is 1,000 units (dollars).

The minimum trading volume is 0.01 lots for MT4 Micro account and 0.1 lots for MT5 Micro account.

This means that you can trade from 10 units (dollars) of actual trading volume on XM MT4 Micro account.

XM Micro account provides up to 1:888 leverage, thus the required margin can be much smaller when you trade small amounts.

XM Micro (both MT4 and MT5) account requires only 5 USD (or equivalent amount in other currencies) for account opening.

The available base currencies for Micro account are USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD and ZAR.

Open XM Micro Account

2. XM Standard Account

XM Standard account type has the very basic trading condition among all account types.

The maximum leverage is 1:888 and NBP (Negative Balance Protection) is supported.

The minimum spread is 1.0 pip for Forex currency pairs.

The lot size is 100,000 units (dollars).

The available trading volume is from 0.01 lots to 50 lots.

On XM Standard account, you can have up to 50 positions at the same time.

With XM’s Standard account type, you can participate in all types of promotions run by XM including No Deposit Bonus, Deposit Bonus and the Loyalty Program.

XM Standard account is suited for traders who want to experience the basic but still superior trading conditions with XM.

You can start trading on XM Standard account type from 5 USD of minimum deposit amount. (or equivalent amount in other currencies)

The available base currencies for XM Standard account are USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD and ZAR.

Open XM Standard Account

3. XM Zero Account

XM Zero account literally providers traders with 0.0 pips spread on Forex currency pairs.

XM Zero account type is suited for traders with Scalping strategy, EA (Expert Advisers) users and any other traders who require tighter spread to perform their trading strategies.

Although the 0.0 pips spread on XM Zero account, the account type charges $3.5 per lot trading commission.

The required minimum deposit amount for XM Zero account is 100 USD (or equivalent amount in other currencies) which is a little higher than other account types.

XM Zero account type accepts USD, EUR and JPY as the account base currencies.
XM Zero account type may not be available for traders in some jurisdictions. For traders who cannot choose the XM Zero account, then the next Ultra Low Spread account may be the next optical option.

Open XM Zero Account

4. XM Ultra Low Spread Account

XM Ultra Low Spread account is the most latest account type, first introduced in 2019.

XM Ultra Low Spread account offers spread as low as 0.6 pips on Forex currency pairs.

The spread is not as tight as the XM Zero account type, but XM Ultra Low Spread account does not charge any trading commissions.

XM Ultra Low Spread account requires only 50 USD (or equivalent amount in other currencies) as the minimum deposit requirement.

The available base currencies of XM Ultra Low Spread account is EUR, USD, GBP, AUD, ZAR and SGD.

Unlike the XM Zero account type, you can also receive XM’s $30 No Deposit Bonus on XM Ultra Low Spread account.

Note that XM’s Trading Bonus is not available for XM Ultra Low Spread account type.
XM Ultra Low Spread account may not be available for traders in some jurisdictions. For more information, please visit XM Official Website.

Open XM Ultra Low Spread Account

XM Ultra Low Spread account – Differences of Micro and Standard account types

Within XM Ultra Low Spread account type, you can also choose from “Micro” and “Standard” types.

The differences of XM Ultra Low Spread account’s Micro and Standard account types are the lot size and the available trading volume.

Please refer to the below table for the differences of XM Ultra Low Spread account’s Micro and Standard account types.

Account Types Standard Ultra Micro Ultra
Lot Size 1 Lot = 100,000 units 1 Lot = 1,000 units
Minimum Trading Volume 0.01 Lots 0.1 Lots
Maximum Trading Volume 50 lots 100 lots

You can also open both XM Ultra Low Spread account’s Micro and Standard account types, and get the benefit from both trading conditions.

Open XM Ultra Low Spread Account

5. XM Shares Account

XM’s Shares account type is an account type dedicated for Stock (Share) traders.

The account is different from other account types, as you can only trade Stocks (Shares) in this account type.

The financial instruments offered on XM’s Shares account is not CFD product, but actual stocks (shares).

On XM’s Shares account, you can invest in over 100 international stocks (shares) from USA, UK and Germany.

On XM’s shares account, no leverage is available.

The trading cost of each Stock (share) is different for each symbol.

XM’s Shares account requires 10,000 USD as the minimum deposit amount. (no other currency is available)

XM Shares account type may not available for traders in certain jurisdictions.

Please refer to XM Official Website for more information.

Open XM Shares Account

Have you already been trading with XM? Leave your review and opinion of this broker to let other traders know your experience.

What you can invest in with XM?

With XM, you can invest in over 1000 financial instruments (symbols) from variety of markets.

By opening an account with XM, you can invest in Forex (FX), Stocks, Stock CFDs, Commodities, Equity Indices, Precious Metals and Energies.

The available financial markets depend on the account type you open.

You can also open multiple trading accounts with XM, and invest in various financial markets at the same time.

Note that the available financial markets and account types may be different depending on the jurisdiction you are in. For more information, please visit XM Official Website.

Visit XM Official Website

1. Forex Currency Pairs

Forex (FX) is the most popular trading product available on XM MT4 and MT5.

Forex currency pairs are available on all account types (except Shares account) and all trading platforms.

With XM, you can invest in over 55 Forex currency pairs for 24 hours a day and 5 days a week.

XM provides its traders with tight spreads and no re-quotes.

You can also benefit from the high leverage 1:888, thus the required margin for trading very small.

Note that the available maximum leverage is different for traders in some jurisdictions.

By using XM’s Micro account, you can trade with extremely small amount of margin and minimize the risk exposure.

The trading cost and other conditions of Forex currency pairs are different depending on the jurisdiction and account type you use.

For more information, please visit XM Official Website.

Invest in Forex with XM

2. Stocks (Shares)

Along with a variety of CFD products, XM also provides you actual Stock (Share) trading online on “Shares Account”.

In the Shares account type, you can invest in over 100 stocks (shares) from USA, UK and Germany.

The stocks offered in Shares Account isn’t CFDs (Contract for Differences).

On Shares account, you can only invest in Stocks.

To start using the account, you must deposit at least 10,000 USD as there is no leverage available for the Shares account.

There are dividends adjustments and corporate events which affect trading conditions of the Stocks (Shares) of XM.

You can stay updated of the upcoming events in XM Official Website.

Note that Shares account is not available for traders in certain jurisdictions. If Shares account isn’t available for your country, you my trade Stock CFDs instead.

Invest in Stocks with XM

3. Stock CFDs

Stock CFDs are available for all traders of XM on all account types, except Shares account type.

Stock CFDs is a cost-effective way to directly access to the global equity markets.

With XM, you can invest in over 1100 stocks (shares) in a form of CFDs.

The Stock CFDs is different from the “Stocks” which you can trade in the “Shares Account” of XM.

Please refer to the below table for the differences of “Stock CFDs” and “Stocks”.

Stocks (Shares) Stock CFDs
Available Account Types Shares Account only All Accounta except Shares Account
Financial Instrument Actual Stocks Stocks in a form of CFD
Number of Symbols More than 100 More than 1100
Countries of the Stocks USA, UK and Germany USA, UK, France, Germany, Netherlands, Spain, Italy, Greece, Portugal, Sweden, Finland, Norway, Austria, Switzerland, Belgium, Russia, Australia
Speculation on market downtrends Not available Available
Fees Commission apply per transaction No extra fees apply

You can also open multiple trading accounts to try both Stock CFDs and Stock trading on Shares account.

Note that Shares account is not available for traders in certain jurisdictions. If Shares account isn’t available for your country, you my trade Stock CFDs instead.

Invest in Stock CFDs with XM

4. Commodities

XM allows you to invest in Commodities without actually owning the financial instrument.

XM’s Commodities are offered in a form of CFD, thus you can profit from both raising and falling prices.

The list of available Commodity CFDs with XM are as follows.

XM MT4 and MT5 Symbols Financial Instruments
COCOA US Cocoa
COFFE US Coffee
CORN US Corn
COTTO US Cotton
HGCOP High Grade Copper
SBEAN US Soybeans
SUGAR US Sugar
WHEAT US Wheat

Soft commodities above play an important role for portfolio diversification and risk management.

Commodity CFDs are available on all account types of XM, except Shares account.

Invest in Commodities with XM

5. Equity Indices

XM’s Equity Indices let you access to the global equity markets directly.

On all account types of XM (except Shares account), you can invest in both Cash Indices CFDs and Future Indices CFDs with XM.

Equity Indices are financial instruments suited for traders who speculate on world’s economy on international level.

With XM, you can benefit from up to 1:20 leverage with NBP (Negative Balance Protection).

For all Equity Indices, XM charges no extra trading commissions, but the trading cost is only the spread (the differences of bid and ask prices).

The trading hours, spreads and expiration dates of each Equity Index CFD is different. You can stay updated of these information in XM Official Website.

Invest in Equity Indices with XM

6. Precious Metals (Gold, Silver, Palladium and Platinum)

Precious Metals are the second most popular financial markets among online investors, following Forex pairs.

With XM, you can invest in Gold, Silver, Palladium and Platinum on all account types (except Shares account).

XM’s Gold, Silver, Palladium and Platinum< are offered in a form of CFD, thus you can speculate on both rising and falling prices. The Gold and Silver are highly liquidated market. The available maximum leverage is 1:20 for Gold and 1:10 for Silver. With XM, you can invest in Gold, Silver, Palladium and Platinum< with no extra commission, along with other financial markets such as Forex, Commodities, Equity Indices and Stocks. Invest in Precious Metals with XM

7. Energies (Oil and Gas)

On XM’s all account types (except Share account type), you can invest in Energy CFDs.

The XM’s energy market offers the following financial instruments.

XM MT4 and MT5 Symbols Financial Instruments
BRENT Brent Crude Oil
GSOIL London Gas Oil
NGAS Natural Gas
OIL WTI Oil
OILMn WTI Oil Mini

As they are all offered in a form of CFD, you can make profit from both rising and falling prices, as you can buy or sell as you want.

Energy market’s Oils and Gasses are popular due to their high market price volatility, as the most traded commodities in the world..

The margin requirement for Energy CFDs is as low as 5 USD.

Invest in Energies with XM

XM MT4 – MetaTrader4 Trading Platforms

xm mt4 mt5 webtrader tradig platform

Based on the MetaTrader4 software and presenting a series of user-friendly features, XM MT4 is the most popular platform among traders.

Developed by MetaQuotes Software Corp., MetaTrader4 allows enhanced trading flexibility in forex, CFDs, and futures.

Available for free and unlimited use at XM in the form of XM MT4, MetaTrader4 is an efficient platform for active traders due to its complete trading functionality.

XM MT4 excels at a wide range of functions that can maximize trading efficiency.

It provides all resources and necessary tools to analyze price movements, perform trading transactions, and even apply fully automated trading through its integrated MQL4 language.

By programming expert advisors (EAs), for instance, you can practically automate any trading strategy, and let them perform real-time automated trading for you.

They inform you about possible trades, open trades according to your current trading account balance, manage your balance, and perform trades according to how you program them.

Another big advantage of expert advisors are trading operations based on pre-defined conditions, and the fact that you can enable or disable them at anytime.

Over 30 built-in technical indicators help you analyze price quotes on various trading instruments, but it is also possible to add your own custom indicators.

Indicators, combined with analytical tools contribute largely to identifying patterns in price dynamics, identify market trends, or determine entry and exit points.

Get access to XM MT4

1. XM MT4 for Windows

XM MT4 for Windows is the most basic platform and provides you with all available trading tools and options by MetaQuotes.

MetaQuotes is the developer of the MT4 trading platforms.

XM focuses on order execution quality on MT4, while enabling all available features so traders can get the maximum benefit from the platform.

By using single XM MT4 Windows platform, you can invest in over 1000 financial instruments from many different markets.

By downloading XM MT4, you can also benefit from the following features.

  • One Click Trading
    Place orders with one click so you won’t miss our trading opportunities.
  • Full EA (Expert Advisor) Functionality
    You can run any EAs on XM MT4 as there is no restrictions on XM MT4.
  • Hedging allowed
    XM allows you to manage risks by hedging positions on MT4.
  • VPS Functionality
    XM provides Free VPS (Virtual Private Server) to traders in need.

To download the latest version of XM MT4 for Windows PC, please visit XM Official Website.

To start using XM MT4, please follow the steps below.

  1. Download the XM MT4 terminal from the XM Official Website
    Make sure you download one from XM’s official website, to avoid any errors afterwards.
  2. Run the downloaded file for installation
  3. Enter your real or demo account login data
    The login credentials of your MT4 and MT5 accounts can be found in the email you received from XM.

If you haven’t opened an account with XM yet, please go to the account opening page.

Go to XM Official Website

2. XM MT4 for MAC

Not only Windows, but XM also provides the MT4 trading platform for MAC OS.

With XM, you can experience the same platform functionality on MAC computer.

There is no need for Boot Camp or Parallels Desktop to run the MT4 platform on MAC.

By installing XM MT4 for MAC version, you will have the exact same functionality as the Windows MT4, such as one click trading geature, EA availability, custom indicators.

Just like XM MT4 Windows, XM MT4 MAC processes orders with no re-quotes and no rejections.

To install XM’s MT4 MAC, please follow the instructions below.

  1. Download the MT4 Terminal
    Visit XM Official Website and click on the download button. “.dmg file” will be downloaded to your MAC computer.
  2. Open the downloaded file for MT4 MAC installation
  3. Drag the XM app to your Applications Folder
  4. Right click the XM Mac MT4 Application and select “Open”
    After launching the MT4 MAC, you will be asked to type in the login credentials of your account.

Open XM Real or Demo Account

3. XM MT4 WebTrader

MT4 (MetaTrader4) terminal itself can be a heavy software.

If you don’t want to install XM MT4 in your computer, then you can access to “XM MT4 WebTrader” which requires no download to use.

XM MT4 WebTrader is based on its compatibility with MetaTrader4.

To access to XM MT4 WebTrader, you just need to go to the “XM MT4 WebTrader page” from XM Official Website.

Although XM MT4 WebTrader lacks some features comparing to the downloaded ones, the main features such as one-click operations, stops and limits and charting are fully available for free.

To use XM MT4 WebTrader, you only need the login credentials of your XM’s trading account.

Access to XM MT4 WebTrader

4. XM MT4 for iPad and iPhone

If you use iOS devices such as iPad and iPhone, then you can install XM MT4 app for iPad and iPhone.

XM MT4 app is available in the App Store for free, giving all XM traders ability to trade anytime and anywhere.

To use XM MT4 app for iPad and iPhone, use the same login credentials you use to access on other devices.

XM MT4’s iOS app is 100% native application of iPad and iPhone, and has full MT4 account functionality.

Follow the steps below to start trading on your iPad or iPhone, with XM.

  1. Open App Store on your iPhone or iPad, enter the term “metatrader 4” in the search field and download the MT4 app.
  2. Then you may login with existing account or open a demo account.
  3. Enter XM in the search field and click the “XM.COM-Demo” or “XM.COM-Real” if you already have an account.
  4. Enter your login and password and start trading on your iPhone or iPad.

Get XM MT4 App for iPad and iPhone

5. XM MT4 for Android and Android Tablet

If you are an Android user, then you can use XM MT4’s Android app to trade anytime and anywhere through your mobile devices.

XM’s MT4 Android app is available for all devices with Android OS, including both smart phones and tablet.

XM MT4 for Android is 100% native application of Android, and offers full functionality of MT4 platform.

MT4 Android app is updated periodically by MetaQuotes, to improve the functionality and tools.

XM MT4’s Android app is available for free, and suited for any types of traders who want to keep track of their accounts casually through mobile devices.

To download XM MT4’s Android app and start trading on Android devices, follow the instructions below.

  1. Open Google Play on your Android device and enter “metatrader 4” in the search field.
  2. Click the Metatrader 4 icon to install the software to your Android device.
  3. Open the app and enter XM in the search field.
  4. Click the “XM.COM-Demo” (in case your account is demo) icon or “XM.COM-Real” (in case your account is real/live) icon.
  5. Enter your login ID and password and start trading on your Android.

Get XM MT4 App for Android

6. XM MT4 Multiterminal

XM MT4 Multiterminal is suited for traders who want to manage multiple trading accounts at the same time.

By using one Master login credential, you can access to XM MT4 Multiterminal and manage up to 128 trading accounts.

By using XM MT4 Multiterminal, you do not need to install multiple trading platforms or login and logout every time you need to manage different trading accounts.

You can open multiple trading accounts of various account types.

Why you would open multiple trading accounts? To diversify your portfolio / strategies, manage risks and to benefit from features of different account types.

Manage your trading accounts of XM faster and better with XM MT4 Multiterminal.

Get XM MT4 Multiterminal

Secure and Fast Order Execution with XM

On XM MT4 and MT5, 99.35% of all trading orders are executed in less than one second.

For all traders, XM ensures the following conditions:

  • No re-quotes
  • No order rejections
  • No Virtual Dealer plug-in

XM allows all kinds of trading strategies including scalping, hedging and use of EA robots (Expert Adviser).

You can start trading with the above conditions from 5 USD of minimum deposit.

XM offers variety of deposit and withdrawal methods including bank wire transfer, online wallets and credit/debit cards.

Note that the service conditions can be different depending on the jurisdiction you are under. To find out what is available for your country, please visit XM Official Website.

Open a Trading Account with XM

XM MT5 – MetaTrader5 Trading Platforms

xm mt5 metatrader trading platform

Not only the most popular trading platform MT4 (MetaTrader4), XM also provides its traders with the advanced trading platform MT5 (MetaTrader5).

Have you already been trading with XM? Leave your review and opinion of this broker to let other traders know your experience.

MT5 is a updated version of MetaTrader developed by the MetaQuotes.

MT5 provides all the pioneering features (tools, charts, indicators and other options) of MT4 while expanding possibilities in terms of numbers by getting rid of many limitations which MT4 has.

Note that MT4 and MT5 platforms are different, and you cannot use MT4 login credentials to use MT5 platforms. You need to open MT4 and MT5 accounts separately.

XM MT5 supports all order types just like XM MT4, including market, pending, stop orders and trailing stop.

On XM MT5, you can display up to 100 price charts simultaneously and invest in over 1000 financial instruments.

XM MT5 is supported for all types of devices such as Android, iOS, Windows, Mac and Linux.

You can also access to XM MT5 Web-trader from XM Official Website which requires no installation of the platform.

The built-in MQL5 development environment is also much superior to MQL4 on MT4.

See the differences of MT4 and MT5 platforms

XM MT5 for PC

To use XM MT5’s all available features, you are recommended to use XM MT5 for windows PC which is the very basic one among others.

XM MT5 is available for free, and you can download it from XM Official Website

Make sure you download XM MT5 from the official website for the updated version and to avoid any errors in the future.

To download XM MT5 for Windows, follow the steps below.

  1. Download XM MT5 from XM Official Website
    “.exe file” will be in your computer. The download link can be found in the official website.
  2. Run the “.exe file” for XM MT5 installation
    When launching the XM MT5 for the first time, you will be asked to open a demo account or login with existing account. IF you don’t have a XM MT5 account yet, go to the account opening page.
  3. Login and start trading
    Once you correctly login to XM MT5, you will see the funds and available financial markets in the terminal.
Note that the system requirement to run XM MT5 is Microsoft Windows 7 or higher. The 64-bit version of Windows 10 is recommended.

Visit XM Official Website

XM MT5 for Mac

For MAC PC users, XM also provides MT5 for MAC version.

XM MT5 for MAC is available for free from the Official Website, and requires no special programs such as Boot Camp software or parallels desktop.

As XM MT5 for MAC is fully compatible with MAC computers, you can benefit from all the features of XM MT5 on MAC just like the XM MT5 for Windows.

All trading order types are supported including one click trading and hedging, and you can also run your EAs (Expert Advisers) with any interference.

On XM MT5 for MAC, you can invest in over 1000 financial instruments of Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies, with 100% MAC native application.

To install XM MT5 for MAC computer, please follow the steps below.

  1. Download XM MT5 for MAC from XM Official Website
    The download link can be found in the official website of XM. “.dmg file” will be downloaded to your MAC computer.
  2. Launch the “.dmg file” you downloaded
    Then, you need to drag the XM app to your Applications folder.
  3. Right click the XM Mac MT5 application and select “Open”
    Once you launch the XM MT5 MAC, you will be asked to type in the login credentials of a MT5 account.

Note that you cannot use MT4 login credentials to use XM MT5 platforms.

If you don’t have a XM MT5 account yet, please open one from below.

Open XM MT5 Account

XM MT5 WebTrader

XM MT5 Web-Trader is provided, so you can trade and benefit from the advanced features of MT5 without downloading the platform.

MetaTrader5 application can be a RAM heavy software and you can avoid installing one by using the XM MT5 Web-Trader.

XM MT5 Web-Trader is also suited for traders who want to use XM MT5 temporarily on public computers.

You can access to XM MT5 Web-Trader from XM Official Website.

You can use the login credential of a MT5 account.

XM MT5 Web-Trader supports all types of orders, charting and also one click trading, but you cannot run EAs (Expert Advisers) through the XM MT5 Web-Trader.

To run EAs, you must download XM MT5 to your Windows or MAC computer.

Note that you cannot use MT4 login credentials to use XM MT5 platforms. If you don’t have a XM MT5 account yet, please open one.

Go to XM Official Website

XM MT5 for iPad and iPhone

If you have an iPhone or iPad (tablet), then you can also download XM MT5 app from “App Store” and monitor your accounts anywhere and anytime.

XM MT5 app for iPhone and iPad is also suited for trading as the app provides you with the full XM MT5 functionality.

XM MT5 app supports all trading order types and also has built-in market analysis tools.

Note that you cannot run EAs on XM MT5 app for iPhone and iPad. To run EAs, you must download XM MT5 to your Windows or MAC computer.

To download XM MT5 app for iPad and iPhone and start trading, please follow the steps below.

  1. Open App Store on your iPhone or iPad
    Enter “metatrader 5” in the search field and locate the MT5 app.
  2. Install MT5 app to your iPhone or iPad
    Once the installtion is completed, you will be asked to open a demo account or login with a existing MT5 account. IF you don’t have a XM MT5 account, please go to the account opening page.
  3. To login, enter “XM” in the search field
    Choose the server name which is suited for your account type.
  4. Login completed
    Noe you can start trading using on XM MT5 app with iPhone and iPad.

Open XM Real or Demo MT5 Account

XM MT5 for Android and Android Tablet

If you are an Android user, then you can download XM MT5 app from the “Google Play” store.

XM MT5 app is suited for all devices with Android OS including Smart Phones and Tablet.

XM MT5 app is 100% native application of Android and has all the basic functionality offered on MT5.

You can use the XM MT5 app to monitor your accounts and places trades anytime and anywhere.

To download XM MT5 app for Android devices, please follow the steps below.

  1. Open “Google Play” on your Android devices
    Enter “metatrader 5” in the search field and locate the MT5 app.
  2. Install MT5 app to your Android devices
    Once the installtion is completed, you will be asked to open a demo account or login with a existing MT5 account. IF you don’t have a XM MT5 account, please go to the account opening page.
  3. To login, enter “XM” in the search field
    Choose the server name which is suited for your account type.
  4. Login completed
    Noe you can start trading using on XM MT5 app with Android devices.

Visit XM Official Website

Have you already been trading with XM? Leave your review and opinion of this broker to let other traders know your experience.

XM’s Bonus Promotions

XM runs various types of bonus promotions available for traders in some jurisdictions.

To find out if you are able to join the promotions, please visit the Official Website.

Starting from $30 No Deposit Bonus which you can receive for free.

You can start trading without risking your own funds.

When you make you first deposit, you can receive 50% and 20% Deposit Bonuses to increase your capital and trade with more margin.

All verified traders can also benefit from the Loyalty Program which you can earn points by trading and exchange them for bonus.

Visit XM’s Official Website and find out the available offers.

Have you been already trading with XM? Leave your review and opinion for other investors!

Visit XM Official Website

1. $30 Trading Bonus (No Deposit Bonus)

XM’s $30 Trading Bonus is given to the new traders for free.

The amount of bonus is different depending on the base currency of your trading account as 30 USD, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF, 40 SGD or 347 ZAR.

It is a welcome bonus which gives new traders of XM to experience the trading environment without risking their own funds.

XM’s $30 Trading Bonus is provided after your account opening and account verification.

You do not need to make a deposit to XM to get the $30 Trading Bonus.

By meeting some requirements, you can also withdraw all profits made in the bonus account.

Note that the bonus itself cannot be withdrawn.

The promotion may not be available for traders in certain jurisdictions. For more information, please visit XM Official Website.

Details of XM’s $30 No Deposit Bonus

2. 50% and 20% Deposit Bonus

XM’s 50% and 20% Deposit Bonus are given to traders who make their first deposits to XM.

The total bonus amount you can get through this promotion is $5000.

For the first $500 of your deposit, 50% Deposit Bonus will be applied.

For the $4500 of your deposit after the first $500, 20% Deposit Bonus will be applied.

Receiving XM’s 50% and 20% Deposit Bonus won’t charge you any extra fees, but they will simply boost your trading with extra margin.

The bonus amount cannot be withdrawn, but can only be used for trading purpose.

Details of XM 50% and 20% Deposit Bonus

3. Loyalty Program

XM’s Loyalty Program rewards loyal traders of XM.

By joining this program, you will receive XMP (XM Points) for every time you make trades.

The accumulated XMP can be exchanged for “Trading Bonus” and will be added to your account to support your trading.

Longer period you trade with XM, higher the status you can earn.

With higher status of XM’s Loyalty Program, you will earn higher rate of XMP for each trade.

Thus XM’s Loyalty Program rewards loyal traders even more.

Details of XM Loyalty Program

4. Free VPS (Virtual Private Server) Service

For the users of EA (Expert Advisers), XM provides free VPS (Virtual Private Server).

XM’s Free VPS would be the most optical and ideal solution to connect your MT4 and MT5 platforms to XM’s trading server 24/7 non-stop.

To XM’s free VPS, you only need to deposit at least 5,000 USD and trade 5 round turn lots or 500 micro round turn lots every month.

With XM’s VPS, you can increase the speed of your trades by using the optical fibre connectivity.

Once you open an account with XM, you can apply for the VPS from the client portal (XM’s Member’s Area).

XM’s Free VPS is available for all traders of the broker regardless of the jurisdiction.

Details of XM Free VPS service

Different Regulations (Trading Condition) of XM

XM is an international brand with multiple financial licenses.

In order to provide smooth and optimal trading environment for investors in each jurisdiction while following regulations and directives, XM’s some service conditions may be different depending on the jurisdiction you are in.

The core service functionality is the same for all traders worldwide.

As a big, established and experienced broker, XM is built of more than 450 professionals serving for traders from 196 countries.

Depending on the country you reside in, the regulation which you are accounts are registered will be changed.

For more information, please contact XM support team from the Official Website.

The following information maybe updated at anytime. For the latest information, please visit XM official website.

Visit XM Official Website

What is XM Global?

XM Global is a brand and company licensed by IFSC in Belize.

Investors of XM Global can benefit from all the pioneering features of XM MT4 and MT5 platforms.

The maximum leverage is 1:888 and NBP (Negative Balance Protection) is supported for all trading accounts.

Although unlike XM CY (under CySEC regulation), investors’ funds are not protected with the Investor Compensation Scheme, all investors’ funds are deposited into segregated bank accounts separated from XM’s operation.

XM Global offers 4 account types which are Micro, Standard, XM Ultra Low Account and Shares account.

XM Ultra Low Account and Shares account are available exclusively with XM Global.

With XM Global, you cannot open XM Zero account.

Open XM Real or Demo Account

What is XM Trading?

XM Trading (or XMTrading) is a brand and company licensed by FSA in Seychelles.

Traders of XM Trading can benefit from all the advanced features and promotions available by XM brand.

You can choose from Micro, Standard and XM Zero accounts with up to 1:888 leverage.

The available promotions of XM Trading include the No Deposit Bonus (Welcome Bonus), Trading Bonus (Deposit Bonus) and Loyalty Program (Cash Back Bonus).

With XM Trading, you cannot invest in Shares or Stock CFDs.

Visit XM Official Website

What is XM CY?

XM CY is a brand and company licensed by CySEC in Cyprus.

With XM CY, you can invest in over 1000 financial instruments of Stock Indices, Forex, Precious Metals, Energies and Individual Stocks.

You can choose from Micro, Standard and XM Zero account types.

With XM CY, the maximum leverage is limited to 1:30 for retail clients.

As a CySEC licensed broker, XM CY is also a member of ICF (Investors Compensation Fund) which covers up to €20,000 per client in case XM CY fails to meet its obligation to its traders.

Go to XM Official Website

Conditions of XM’s High Leverage (Low Margin)

XM offers high leverage for Forex traders.

The available maximum leverage is 1:888 which is much higher than the industry average.

Note that the maximum leverage maybe limited for certain jurisdictions, client categories or financial instruments.

XM’s high leverage is offered with NBP (Negative Balance Protection) which protects traders from exceeded losses.

With NBP, traders won’t lose more than they deposit as the maximum loss is limited to the total deposit amount.

Risk Warning: Investors can always lose the total investment amount by investing online.

While the high leverage of XM can be a great tool for traders, there are certain rules of leverage that you must know.

Firstly the maximum leverage will be limited for accounts with higher balance.

Please refer to the below table for the available maximum leverage depending on the account balance.

Available Leverage Account Balance
1:1 to 1:888 From $5 to $20,000
1:1 to 1:200 From $20,001 to $100,000
1:1 to 1:100 From $100,001

The available maximum leverage is also limited depending on the financial instruments you trade.

The below table shows an example of leverage limitation for some financial markets.

Financial Markets Available Maximum Leverage
Shares (Stocks) (in Shares account) No leverage is available
Commodities Up to 1:50
Equity Index CFDs Up to 1:200
Precious Metals Up to 1:20

The above numbers are only indicative. For more information, please visit XM Official Website.

Note that the maximum leverage maybe limited for certain jurisdictions, client categories or financial instruments.

Visit XM Official Website

Why you should choose XM?

XM is one of the largest Forex broker based in Europe, with over 2.5 million traders all over the world (in 2020).

If you are a Forex trader, then you must have heard of the name many times, as the broker is a very popular choice for retail traders.

Out of many, here are 10 reasons why XM has been chosen by many traders:

  1. XM is a globally popular Forex broker
    XM’s services have a global reach to clients in 196 countries, and XM’s team speaks over 20 languages. Professionals from across 5 continents ensure that their clients receive the very best in their own languages, and with unfailing commitment to excellence. This is why XM’s Management Team fosters sustainable workforce development through a wide spectrum of cultures, and approaches your needs with openness to cultural, national, ethnic and religious diversity. If you are not an XM client, open a free demo account today and see the difference.
  2. Protection for traders’ funds
    As a regulated broker, XM secures its clients’ funds in segregated accounts with tier 1 investment grade banking institutions. To ensure business transparency, XM reports to its chief auditor, KPMG.
  3. Industry leading order execution quality
    XM is acknowledged as industry leaders for their superior execution with no re-quotes and no rejection of orders. XM’s business model relies on the firm conviction that in Forex execution is everything.
  4. Devoted 24/5 customer support in multi-language
    XM’s professional support team is on standby 24 hours on 5 business days, ready to assist clients in their own languages with any inquiries about trading, accounts, or technical issues.
  5. Free Online Education (For and CFDs)
    XM’s market experts offer free Forex webinars, Forex seminars and workshops, Forex tutorials, trading signals, trading guides and a uniquely rich education center for all clients – all in one.
  6. Fair trading terms for all traders
    XM’s clients have the freedom to open and trade on all of account types under the same terms, with the same flexible conditions. The same quality execution, spreads, as well as support are offered to each client regardless of account size.
  7. Fast and effective MT4 and MT5
    XM’s industry-leading trading conditions are offered on the world-leading MT4 and MT5 platforms. the perfect combination that makes trading easier, faster, and more effective.
  8. Nonstop Bonus Promotions
    XM creates incentives for both new and loyal clients continuously because they believe that the core of long-term cooperation is loyalty. For this reason, XM rewards all clients for choosing them as their trusted broker. Their gorgeous bonus promotions include No Deposit Bonus, Deposit Bonus, Cash-Back and Loyalty Program.
  9. Reports shared by market experts
    XM’s business is run by market experts with diversified backgrounds and a proven track of expertise in diverse business areas necessary for a global online broker.
  10. Fast Deposit and Withdrawal
    With XM, account funding and withdrawals are a flawless experience. XM offers its clients more than 14 ways to deposit instantly and withdraw funds to their trading accounts. With zero fees, and without hidden commissions.

Opening XM’s Live or Demo trading account is free.

Visit the page below to start your free registration today.

Open XM Real or Demo Account

Real-Time Spread of XM Zero Forex account

XM strives to offer raw-spread from 0.0 pip on XM Zero account which is available from only $200 of minimum deposit.

There are many Forex brokers which promote their service with classic “0.0 pip no commission” advertisement though, majority of these statements are not really true.

But how about XM?

We have opened the Live XM Zero account and captured the actual spread below.

xm-forex-fx-real-time-minimum-spread
Forex Spread of XM Zero Account

Open XM Zero Account

As you can see, XM does offer raw-spread from 0.0 pip, and it is almost the average spread for USDJPY pair.

Raw-spread from 0.0 pip is actually offered by only a handful of Forex brokers in the world, and XM is one of them.

The spread 0.0 isn’t some fake numbers, but it is possible as XM combines several pricing offered by their liquidity providers.

XM’s excellent selection of liquidity providers make that possible.

XM has got all the reasons why it should be chosen by traders.

XM do not settle. They grow on pushing themselves to give clients new innovative products month by month.

They have no limits in providing excellence.

Go to XM Official Website

XM’s Forex Swap-Free Islamic accounts

XM understands the needs of traders with Islamic faith.

Upon request, XM provides traders with “Forex Islamic accounts” with no swap or rollover interest on overnight positions.

XM’s Forex Islamic accounts is available exclusively for clients following the Muslim faith.

If you are in need of a Forex Islamic accounts, then follow the steps below to open one with XM.

  1. Open a trading account with XM as normal
    Signup and open an account with XM following the standard procedures.
  2. Login to XM’s Members Area and complete account verification
    The login credential of XM’s Member’s Area will be provided once you signup. The account verification is the only requirement to request for the swap-free Forex Islamic accounts.
  3. Request an Islamic Account
    Visit XM Official Website and send a request for a Forex Islamic account via email, phone call or live-chat. XM’s support team will assess your request and will come back to you soon.

XM’s swap-free Islamic trading account provides traders with no interest/swap charges on overnight positions, while making sure that there is also no spread widening, up-front commissions, re-quotes or hidden costs.

On XM’s swap-free Islamic trading account, you can hold positions as long as you want with no time limit, and benefit from the same trading conditions as other accounts.

Request for Swap-Free Islamic Account

XM the Largest MT4 FX Broker in the world

The name of XM has been know by many traders now, as the broker gains more popularity over the years.

XM’s success doesn’t just come from luck, but the broker certainly has got many great service conditions to offer.

According to XM’s recent announcement, the broker has been recognized as the “Largest MT4 Broker” by MetaQuotes.

As MetaQuotes is the developer of MetaTrader4 trading platform, the fact should be true without no doubts.

Now that XM has over 2.5 million FX traders to offer the service to, the broker can surely be recognized as one of the Largest financial brokers in the world.

There are hundreds of FX brokers in the world though, XM’s success is exceptional.

What makes XM so successful and the largest MT4 broker on earth?

There are many reasons to choose XM as your FX broker though, let us review some of their main advantages here.

  1. No Troubles in the past years
  2. Low Trading Cost
  3. Educated and Helpful Customer Support
  4. Gorgeous Bonus Promotions
  5. Superior Trading Conditions(Leverage, Trading Server etc)

Above 5 advantages are not some promotional reasons, but you can see the difference when you compare them with other FX brokers.

Have you already been trading with XM? Leave your review and opinion of this broker to let other traders know your experience.

Open XM Real or Demo Account

Become a Partner (Introducing Broker) of XM

Whether you are an Individual or a Corporation, XM can help you expand your business by becoming your partner for all your business needs.

XM’s Introducing Broker (IB) partnership allows licensed Individuals and Corporate firms to directly introduce individual trading clients to XM.

As an approved Introducing Broker of XM, you are compensated for the trading volume directly generated by the clients you introduce.

XM is dedicated to providing customized solutions that best meets the needs of the partners and their traders.

Become a partner of XM

Merits of Partner (Introducing Broker) program of XM

  1. Personal Manager
    XM has a full team of professionals dedicated to the partners. If you need assistance with anything to help grow your business, XM is here to help. XM understands this is a 24 hours/day business, which is why they work 24 hours/day for you.
  2. Real-Time Compensation
    As an Introducing Broker of XM, your compensation are generated (real-time) as trades of your direct clients occur. XM believes in compensating the partners with competitive rates because XM believes your success is their success.
  3. Real-Time Reporting
    XM provides its partners with a fully transparent back office that displays information in real time. Review your commissions, be alerted when clients register for accounts, and run reports so you can assure your clients receive the best service possible.
  4. Customized Material
    XM has the ability to customize many of their services to meet your business needs. Being in a mutually beneficial partnership is important to XM, and they work hard with you to assure you have the tools needed in order to succeed.

Service Details

Company
XM
(Trading Point (Seychelles) Limited)
Rating Traders Rating
4.3 rating based on 62 ratings
4.3/5 62
Regulations Regulations & Licenses
Founded Founded in 2009 (11 years)
Max Lev Maximum Leverage

Disclaimer about leverage:

Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.

USA clientsNot Accepted
JPN clientsAccepted
Country BaseRepublic of Cyprus
Headquaters 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus

Disclaimer about leverage:

Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.

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