XM Group is a forex and CFD broker that was founded in 2009 and is headquartered in Cyprus. The broker is regulated by multiple financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. XM Group offers a wide range of trading instruments, including forex, stocks, indices, commodities, metals, and energies, and provides clients with a choice of trading platforms, including MetaTrader 4 and MetaTrader 5. The broker is known for its competitive spreads, low minimum deposit requirements, and a variety of educational and research resources available to clients.


Trading Instruments

XM Group offers a wide range of trading instruments across multiple asset classes, including:

  1. Forex: Over 55 currency pairs, including majors, minors, and exotics.
  2. Stocks: Over 1,200 individual stocks from the US, UK, Germany, France, Spain, and other major global exchanges.
  3. Indices: Over 20 indices, including major indices such as the S&P 500, NASDAQ 100, and FTSE 100.
  4. Commodities: Over 8 commodities, including gold, silver, crude oil, and natural gas.
  5. Metals: Over 5 precious metals, including gold, silver, platinum, and palladium.
  6. Energies: Over 3 energy products, including crude oil and natural gas.

XM Group offers competitive spreads on all trading instruments, and clients can choose from a variety of account types, including Micro, Standard, and XM Zero accounts, depending on their trading preferences and needs.

Trading Conditions

The maximum leverage offered by XM Group is up to 1:888 for forex trading, which means that clients can control a larger position with a smaller amount of capital.

XM Group offers competitive spreads on all trading instruments, with typical spreads starting from as low as 0.6 pips for major forex pairs. Broker provides clients with a choice of trading platforms, including MetaTrader 4 and MetaTrader 5, which are widely used and popular among traders.

The minimum deposit required to open an account with XM Group is only $5, making it accessible to traders of all levels.

XM Group does not charge any commission on forex and most CFD trades, which helps to keep trading costs low.

Also broker provides negative balance protection to its clients, ensuring that their account balances cannot go below zero, even in the event of significant market volatility or price gaps.



XM Group Account Types

XM Group offers a range of account types to suit the varying needs and preferences of its clients. These include:

  1. Micro Account: This account type is designed for beginners or those who want to trade with smaller amounts. The minimum deposit is only $5, and the contract size is 1 micro lot (1,000 units of the base currency).
  2. Standard Account: This account type is suitable for more experienced traders who want to trade larger volumes. The minimum deposit is $5, and the contract size is 1 standard lot (100,000 units of the base currency).
  3. XM Zero Account: This account type is designed for advanced traders who require tight spreads and low commissions. The minimum deposit is $100, and the contract size is 1 standard lot (100,000 units of the base currency). Spreads on this account start from as low as 0 pips, but commissions apply.
  4. Islamic Account: This account type is designed for Muslim traders who require a swap-free trading environment. It has the same trading conditions as the Micro and Standard accounts, but with no overnight swap charges.

All account types come with access to a range of trading instruments, including forex, stocks, indices, commodities, metals, and energies. XM Group also offers a demo account for clients to practice their trading strategies and test the trading platforms before opening a live account.


Regulation and Security

XM Group is a reputable forex and CFD broker that is regulated by multiple financial authorities, including:

  1. Cyprus Securities and Exchange Commission (CySEC)
  2. Financial Conduct Authority (FCA) in the UK
  3. Australian Securities and Investments Commission (ASIC)
  4. Dubai Financial Services Authority (DFSA)
  5. International Financial Services Commission (IFSC) in Belize

Regulation by these authorities means that XM Group is required to adhere to strict regulatory standards and is subject to regular audits and inspections. This helps to ensure that the broker operates in a transparent and fair manner and that client funds are kept separate from the broker’s own funds.

XM Group also provides a high level of security to its clients, including:

  1. Client Funds Protection: Client funds are kept in segregated accounts with top-tier banks, which means that they are separate from the broker’s own funds and are only used for the client’s trading activities.
  2. Negative Balance Protection: XM Group provides negative balance protection to its clients, which means that clients cannot lose more than their account balance, even in the event of significant market volatility or price gaps.
  3. SSL Encryption: All client data and transactions are encrypted using SSL technology, which helps to ensure that sensitive information is kept secure and private.
  4. Two-Factor Authentication: XM Group offers two-factor authentication (2FA) to help prevent unauthorized access to client accounts


Conclusion on XM Group

In conclusion, XM Group is a reputable forex and CFD broker that offers a wide range of trading instruments, competitive trading conditions, and a variety of account types to cater to the needs and preferences of its clients. The broker is regulated by multiple financial authorities, including CySEC, FCA, ASIC, DFSA, and IFSC, which ensures that it operates in a transparent and fair manner and provides a high level of security to its clients. XM Group’s commitment to client funds protection, negative balance protection, SSL encryption, and two-factor authentication also helps to provide clients with a safe and secure trading environment. Overall, XM Group is a popular choice among traders of all levels, and its range of features and benefits makes it worth considering for those looking for a reliable and trustworthy broker.

3 Replies to “XM Group Broker Review

  • John
    John
    Reply

    XM is the real deal people, it wasent even 48 hours and i had my profit paid into my account. The xm platform is a truly great experience XM WILL ALWAYS BE MY FIRST CHOICE AMONG HUNDREDS OF PLATFORMS.

  • Mario
    Mario
    Reply

    No problem with refunds/deposits/trades.
    I use this broker for three years and is the best experience so far.
    The support is very quick!

    CONS: You have to withdraw in the deposit account, not other one!

  • Sain
    Sain
    Reply

    I am trading with XM since 2015 no issues at all withdrawal are processed within 24 hours as promised I am damn upset seeing and reading all negative reviews below.
    I trust XM a lot and the support team is the best I ever had.

Leave a Reply

Your email address will not be published. Required fields are marked *