XM Group Review

XM Group is a multi-award winning globally established and regulated online trading broker with over 2.5m clients from 196 countries offering no-requotes, tight spreads, fast execution, low commissions and negative balance protection. The broker has an impressive 16 trading platforms with over 1000 trading instruments across 6 asset classes and various convenient funding options.

XM Group Review, Pros & Cons
  • Strict regulation
  • Negative balance protection
  • Multiple awards
  • 16 full feature trading platforms
  • 25+ secure payment methods
  • Low spreads, low commissions & fast trade execution speeds
  • Hedging, scalping & expert advisors allowed
  • Zero fees on deposit & withdrawals
  • Free VPS
  • Personal customer service
  • More than 30 languages supported
  • No US clients
  • No fixed spreads
  • Inactivity fees

In this detailed XM Group review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

XM Group Overview

XM Group was founded in 2009 and has since grown into a large globally established trading broker with over 2,500,000 clients from 196 countries.

XM Group is based in Cyprus, Australia and Belize, with over 450 employees who have many years of combined experience in the financial industry. This experience combined with strict regulation and customer service in over 30 languages make them one of the most popular brokers for traders from all different backgrounds and levels of experience.

XM Group offers an impressive 25+ secure payment methods, 16 trading platforms and 24/5 customer service. They take great pride in being a fair and reputable broker with all clients receiving the same trading conditions regardless of their investment size or trading experience.

XM Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second. Their business model is built around the belief that execution is everything when trading.

XM Group Overview

XM Group Overview

XM Group clients have negative balance protection which means that traders are not at risk of losing more than the account balance. They provide multiple different trading platforms and flexible conditions to suit individual client needs.

XM Group management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company who put client satisfaction first which explains why they have such a high level of client retention and loyal user base. They have won numerous awards for their services including Best FX Broker, Best Forex Customer Service, Best Forex Broker and Best Forex Execution Broker.

XM Group Awards

XM Group Awards

XM Group monitors the latest industry trends to keep up to date with the latest innovative technologies and to be able to adapt to clients ever changing and demanding needs. They do not compromise on trading performance which ensures they offer some of the lowest spreads and fastest execution speeds whilst remaining versatile.

XM Group offer a wide range of trading instruments for traders to choose from including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. All instruments are available to trade from the same trading account on 16 trading platforms which makes trading easier and more efficient.

XM Group is operated with client requirements at the forefront of everything that they do. This is not just for the best possible trading conditions but also the simplicity of opening an account to making deposits / withdrawals, contacting support and trading.

XM Group Regulation

XM Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA).

XM Group have partnered with regulated entities for the withdrawal and deposit process for extra client protection. Client funds are kept segregated from the company funds in tier 1 banks to ensure that they cannot be used by XM Group or the liquidity providers under no circumstance. Client accounts also have negative balance protection.

XM Group is a member of the Investor Compensation Fund and stick to the investor protection principles outlined by the Markets in Financial Instruments Directive (MiFID).

XM Group have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times.

These factors combined with a no-requotes and no extra commissions policy ensures that XM Group are amongst one of the best trading brokers.

XM Group Countries

XM Group accepts clients from all over the world, excluding USA, Canada, Israel and Iran. Some XM Group broker features and products mentioned within this XM Group review may not be available to traders from specific countries due to legal restrictions.

XM Group Platforms

XM Group Platforms

XM Group Platforms

XM Group offer clients the option to choose from 16 variations of the popular MetaTrader 4/5 trading platforms for desktop (PC / MAC), web trading directly in your browser without needing to download or install any additional software and MetaTrader for mobile devices running on iOS or Android. The mobile trading apps are especially useful if you need to access your trading account whilst on the go from anywhere in the world provided that you have an internet connection. The main difference between MT4/5 is that MT4 does not offer trading on stock CFDs.

MetaTrader 4 (MT4)

XM Group MetaTrader 4 (MT4) Platform

XM Group MetaTrader 4 (MT4) Platform

MT4 still has long been the platform of choose from all types of trades across the globe. It is well known for its user-friendly interface and abundance of built in trading tools for conducting detailed chart analysis and trading efficiently. XM pioneered offering an MT4 platform with trading execution quality in mind. XM clients can trade on MT4 with no re-quotes, no rejection of orders and with flexible leverage. Whatever your trading style or experience level, MT4 is considered as on of the go to platforms for online trading. XM have a good selection of trading platform video tutorials on their website to help familiarise yourself with MT4. Some of the main MT4 features include:

  • Over 1000 Instruments Including Forex, CFDs and Futures
  • 1 Single Login Access to 8 Platforms
  • Spreads as low as 0 pips
  • Full EA (Expert Advisor) Functionality
  • 1 Click Trading
  • Technical Analysis Tools with 50 indicators and charting tools
  • 3 Chart Types
  • Real time bid/ask price quotes
  • Support for instant, pending & limit orders
  • Alert notifications (email, SMS & pop-ups)
  • Micro Lot Accounts (Optional)
  • Hedging allowed
  • VPS Functionality
  • Freely Available on Desktop, Web & Mobile Devices

MetaTrader 5 (MT5)

XM Group MetaTrader 5 (MT5) Platform

XM Group MetaTrader 5 (MT5) Platform

The XM MT5 offers all of the same powerful features that the XM MT4 has to offer, along with more trading tools and advanced capabilities. It has an additional 1000 CFDS on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage.

  • Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.
  • 1 Single Login to 7 Platforms
  • Spreads as Low as 0 Pips
  • Full EA Functionality
  • One Click Trading
  • All Order Types Supported
  • Over 80 Technical Analysis Objects
  • Market Depth of Latest Price Quotes
  • Hedging Allowed
  • Freely Available on Desktop, Web & Mobile Devices

XM Group Trading Tools

XM Group provide clients with very good proprietary trading tools for the MetaTrader 4/5 trading platforms. These tools are fully automated and can perform technical analysis across multiple instruments and charts, in order to identify potential trading opportunities. This makes it quick and easy to identify trading signals without needing to constantly stare at your charts all day and night.

XM Group Trading Tools

XM Group Trading Tools

Ribbon Indicator

  • Follow the prevailing trend
  • Identify areas of consolidation
  • Predict impending reversals
  • Know the best time to trade

River Indicator

  • All-in-one trend indicator
  • Know which markets are trending
  • Identify strength and direction
  • Learn how the market is moving

Ichimoku Indicator

  • Identify support and resistance levels
  • Recognise strong market trends
  • Know when is best to enter a trend
  • Learn where prices might go next

Bollinger Bands Indicator

  • Learn to trade market volatility
  • Identify entry points in ranging markets
  • Recognise extreme price levels
  • Know when price movements will occur

ADX & PSAR Indicator

  • Recognise a market in consolidation
  • Identify the start of new trends
  • Learn the best time to place a trade
  • Know when trends reach extreme conditions

Analyser Indicator

  • Analyse in seconds instead of hours
  • Map the market direction in real time
  • Quickly identify the best instruments to trade in

You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at XM Group who will be happy to get you started and provide you with assistance.

Forex Calculators

The XM calculators allow clients to make accurate assessments at the right time to make the most out of their trades. The all-in-one calculator, the currency converter, the pip value calculator, the margin calculator and the swaps calculator are available to help you evaluate your risk and monitor profit or loss for each trade you carry out.

XM Forex Calculators

XM Forex Calculators

Autochartist

XM clients can get access to trade ideas from Autochartist which is a powerful pattern-recognition tool that can automatically monitor the markets on your behalf to help identify chart patterns using technical indicators such as Fibonacci retracements. It monitors the markets 24 hours a day, alerting you to trading opportunities in real time.

XM Autochartist

XM Autochartist

XM VPS

The XM VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. This can help to ensure rapid trade execution speeds via a lightning fast connection, without having to worry about other factors that can impede your ability to trade effectively, such as internet connection speeds, computer failure, or power cuts. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on.

Clients who maintain a minimum account of $5,000 USD (or equivalent) are eligible to request the free VPS in the Members Area at any given time, on condition that they trade at least 5 round turn lots or 500 micro round turn lots per month. To qualify for free VPS, the broker will also take in to account any other trading accounts registered that use the same email address.

Clients who do not meet the criteria above can still request the XM VPS in the Members Area for a $28 monthly fee, which will be automatically deducted from their MT4/MT5 accounts on the first day of each calendar month.

XM VPS

XM VPS

XM Group Education

XM Group has a vast range of educational materials within the research and education center. This includes daily market updates, economic events, tutorial videos, webinars, seminars and more. This section is frequently updated by 20 multilingual market professionals providing a diverse library of knowledge to assist traders of all levels, from the novice to more advanced trader.

Educational Videos

The video library covers a range of topics including:

  • Introduction to the markets
  • Trading essentials
  • Fundamental analysis
  • Technical analysis
  • Money management
  • Trading psychology
  • Trading strategies
XM Group Educational Videos

XM Group Educational Videos

Live Education

The broker also offers live trading education with a basic and advanced online educational room for learning the fundamentals of trading from XM Groups expert instructors, as they cover strategies for the various trading sessions and answer your questions in real time.

XM Group Live Education

XM Group Live Education

Forex Webinars

As an essential part of their comprehensive educational program, XM Group offer free webinars presented by highly skilled forex professionals who joined forces to provide free interactive webinars available for traders around the globe. The forex webinars are available 19 languages, 7 days a week with 65 webinar instructors.

Platform Tutorials

If you are new to trading online and would like to learn more about the different platforms available and how to use them, XM have a generous selection of tutorial videos that can help.

XM Group Platform Tutorials

XM Group Platform Tutorials

Markets Overview

The XM Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes.

XM Market Research

XM Market Research

Economic Calendar

The XM economic calendar can keep you up to date with the latest news releases which can be filtered according to the currency pairs, dates and impact relevant to your trading. The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market.

XM Economic Calendar

XM Economic Calendar

XM Group Podcast

There is an XM trading podcast which delivers global market insights and reflects the brokers commitment to providing traders with meaningful and informative content based on diversity and practical purpose, encompassing up-to-date information needed for online investing and updates on economic events across the globe.

XM Group Podcast

XM Group Podcast

XM Group Instruments

XM Group offer a wide range of more than 1000 trading instruments to traders including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs.

XM Group Instruments

XM Group Instruments

XM Group Accounts & Fees

XM Group offer 3 different account types that provide flexible trading conditions to meet the needs of both beginner and advanced traders. Minimum deposit required is just $5 whilst you can choose between no commission accounts with marked up spreads or pay a $3.5 commission charge to get variable spreads starting from 0 pips. Leverage depends on the financial instrument traded and on client’s country of residence.

  • Micro Account: $0 commission, variable spreads from 1.0 pips
  • Standard Account: $0 commission, variable spreads from 1.0 pips
  • XM Zero Account: $3.5 commission, variable spreads from 0.0 pips
XM Group Account Conditions

XM Group Account Conditions

As broker fees can vary and change, there may be additional fees that are not listed in this XM Group review. It is imperative to ensure that you check and understand all of the latest information before you open a XM Group broker account for online trading.

XM Group Support

XM Group has over 450 employees with customer service in over 30 languages available 24/5. Support is available 24/5 in 14 languages via phone, chat and email.

XM Group Deposit & Withdrawal

XM Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts.

Fees may be charged when using certain payment methods. Bank transfers can take a few business days to clear. Accounts can be opened in USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

XM Group Account Opening

XM Group estimate the account opening process to take an impressive 2 minutes to complete. You simply fill out the brief online registration form, verify your email and upload your identification. Once your account has been verified, you are then free to fund it using any of the multiple deposit options and start trading. XM Group Support is on hand to guide you through the process if need be.

XM Group Account Opening

XM Group Account Opening

XM Group FAQ

What is the XM Group minimum deposit?

The XM Group minimum deposit is just $5 for MICRO and STANDARD accounts and $100 for ZERO accounts. This is a very reasonable amount when compared to some other brokers who require a minimum deposit of $500 or even more. It allows you to try and the brokers products and services with a modest amount to determine if they are suitable for your needs.

How do I deposit money into XM Group?

XM Group provide a wide range of payment options for deposits/withdrawals. This includes credit cards, various e-Wallet payment methods, local or international bank wire transfer, and other payment methods.

Once you have opened an XM Group trading account, you can log into the Members Area and select a payment method of your choice from the Deposits/Withdrawal pages, and follow the instructions provided. All deposits are instant, except for the bank wire transfer which can take between 2-5 days.

You can deposit money in any currency as the funds will be converted automatically into the base currency of your trading account, by XM prevailing inter-bank price.

Although the minimum deposit requirement set by XM is $5, the amount varies according to the payment method you choose and your trading account validation status. You can read more details about the deposit and withdrawal process in the Members Area.

As XM Group are a regulated company, they do not accept deposits/withdrawals made by third parties. Your deposit can only be made from your own account, and the withdrawal has to go back to the source where the deposit was made.

What are the XM Group deposit fees?

XM Group do not charge any fees for making deposits or withdrawals. For instance, if you deposit $200 by Skrill and then withdraw $200, you will see the full amount of $200 in your Skrill account as the broker covers all transaction fees both ways for you.

This also applies to all credit/debit card deposits. For deposits/withdrawals via international bank wire transfer, XM covers all transfer fees imposed by their banks, with the exception of deposits amounting to less than $200 or the equivalent in any other currency.

How do I withdraw money from XM Group?

The XM Group withdrawal methods are the same as those used for making deposits into your account. You can choose between wire transfer, credit/debit cards, Neteller, Skrill and other online payment processors.

In order to withdraw funds, your trading account must be validated by proof of identity and proof of residence. You can upload your documents in the XM Members Area.

To make a withdrawal from your XM account, you can log in to your Members Area, select a payment method of your preference on the Deposits/Withdrawal pages, and follow the instructions given.

All withdrawals are processed by the brokers Back Office within 24 hours on business days. Standard bank wire within the EU take 3 working days. Bank wires to some countries may take up to 5 working days. You will receive your money on the same day for payments made via e-Wallet, while for payments by credit/debit card it usually takes 2 – 5 business days.

Due to Anti Money Laundering (AML) policies, it is important to note that with all withdrawal methods, the withdrawal has to go back to the original source used to deposit funds. E.g. if you made the deposit via debit card, funds must be returned via debit card. The broker does not accept withdrawals made by third parties.

The broker can only transfer the same amount back to your card as you have deposited from it. Thus, any profits must be paid via bank transfer or e-Wallets if you have made deposits with them.

XM aim to complete all withdrawal requests within 24 working hours. When you make a withdrawal request, this will show in your trading account as a pending withdrawal. All client withdrawal requests are processed in the currency in which the deposit was originally made.

Should the deposit currency differ from the transfer currency, the transfer amount will be converted by XM into the transfer currency at the prevailing exchange rate.

What are the XM Group withdrawal fees?

XM Group do not charge any fees for making deposits or withdrawals. However, bank wire transfers of less than $200 are subject to a processing fee.

What is the XM Group commission fee?

XM Group have a micro and standard account that charges no commission fee but adds a small spread mark-up. The XM Zero account has no spread mark-up and a small commission charge of just $3.5 per $100,000 traded. This equates to $7 per round turn per 1 standard lot.

XM Group spreads are tightest on the Zero account which may be preferable to clients who are scalping or running Expert Advisors (EA’s). The micro and standard accounts can be considered a suitable option for beginners who want the commission fee included within the spread.

The commission fee for the MT4 platform is deducted from the account during the opening of the transaction for both operations at once (opening and closing). The commission fee for the MT5 platform is deducted from the account during the opening and the closing of the transaction.

Are there any XM Group inactivity fees?

XM Group charge a monthly inactivity fee of $5 or the full amount of free balance in these accounts if the free balance is less than $5. Trading accounts are deemed dormant from the last day of 90 (ninety) calendar days during which there was no account activity. No charge is imposed if the free balance in the trading account is zero.

What are the XM Group account types?

XM Group clients can choose between 3 account types. There are the micro and standard commission free accounts that have a small spread mark-up along with the XM Zero account that has a small commission fee but no spread mark-up.

Spreads on the micro and standard accounts start from 1 pip whereas Zero account spreads start from 0 pips. All accounts have a maximum order limit of 200 and minimum trade volume of 0.01 lots. Any XM client can hold up to 8 trading accounts of their choice.

The XM Members Area is where you will manage the functions of your account, including depositing or withdrawing funds, viewing and claiming unique promotions, checking your loyalty status, checking your open positions, changing leverage, accessing support and accessing the trading tools offered by XM.

Is there an XM Group demo account?

Yes, XM Group provide demo account free of charge. The XM demo accounts do not have an expiry date, and so you can use them as long as you want. Demo accounts that have been inactive for longer than 90 days from the last login will be closed. However, you can open a new demo account at any time. Please note that maximum 5 active demo accounts are allowed.

A demo trading account can be a great way to practice trading online and familiarise yourself with the XM platforms without risking real money. Once you have tested your trading strategies, learned about market moves and how to place orders, you can take the next step to open a trading account with real money.

Although the demo accounts have all of the same features and functions of a real account, you should keep in mind that demo trading cannot replicate real trading market conditions. This is due to many factors such as the volume executed through the demo account does not affect the market; while in real trading volumes have effect on the market, especially when the deal size is large.

Furthermore, demo accounts do not take into consideration the psychological impact of trading with real money. This can have an adverse effect on trading performance when compared to trading with virtual funds. It is important to be aware of the differences between trading on a demo and trading on a real account with XM or any other broker for that matter.

What are the XM Group spreads?

XM offers interbank variable tight spreads to all clients, irrespective of their account types and trade sizes. Spreads start from as low as 0 pips, with no re-quoting to ensure that clients are given direct access to the market price that XM receives.

XM also offers fractional pip pricing to get the best prices from its various liquidity providers. Instead of 4-digit quoting prices, clients can benefit from even the smallest price movements by adding a 5th digit (fraction). With fractional pip pricing you can trade with tighter spreads and enjoy most accurate quoting possible.

The spread is the difference between the bid-ask prices that you pay on each trade you take with your broker. It is essentially the difference between the highest price that a buyer is willing to pay for an asset and the lowest price that a seller is willing to accept.

What is the XM Group leverage?

Depending on the account type you open at XM, you can choose the leverage on a scale from 1:1 to 1:888. Margin requirements do not change during the week, nor do they widen overnight or at weekends. Moreover, at XM you have the option to request either the increase or the decrease of your chosen leverage.

Please note that leverage can vary depending on your location, XM entity that you choose and trader status. Leverage 1:888 does not apply to client registered under the EU regulated entity of the Group.

Leverage basically means that you can trade a larger position size than you would be able to without it. Whilst this can increase profit potential, it also significantly increases the risk. Therefore, it is of the upmost important that you have a clear understanding of how leverage works before trading online with leverage positions.

What are the XM Group margin & stop out levels?

Margin is the required amount in the base currency of the trading account needed to open or maintain a position. Although each client is fully responsible for monitoring their trading account activity, XM follows a margin call policy to guarantee that your maximum possible risk does not exceed your account equity.

When trading forex, the Required/Used Margin for a specific position = Number of Lots x Contract size / Leverage. Here the result is originally calculated in the first currency of the traded pair, and then converted into the base currency of your trading account, which will be numerically displayed on your MT4, or any other trading platform.

The margin requirement for gold and silver is calculated as follows: Lots x Contract Size x Market Price / Leverage. The result will be in USD, which will be converted into the base currency of your trading account (in case it is other than USD).

For CFDs, the required margin is Lots x Contract Size x Opening Price x Margin Percentage. The result will be in USD, which will be converted into the base currency of your trading account (in case it is other than USD).

As soon as your account equity drops below 100% of the margin needed to maintain your open positions, the broker will attempt to notify you with a margin call warning you that you do not have sufficient equity to support open positions.

The stop-out level refers to the equity level at which your open positions get automatically closed. The stop-out level in a retail client’s account is reached when the equity in the trading account is equal or falls below 50% of the required margin.

Do XM Group allow hedging, scalping, news trading & automated trading?

Yes, XM Group do not impose any restrictions on clients trading activity. You can use expert advisors, scalp, hedge and trade around news if you wish to do so.

Is there an XM Group Islamic account?

Yes, you can open an XM Islamic account. Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. XM offer the Islamic accounts to clients following the Muslim faith.

Once you have opened an XM trading account, you can login to the members area and request an Islamic account. As soon as the relevant department receives your request, your trading account will receive swap-free status and you will be notified by email accordingly.

It is important to note that XM reserves the right to revoke the swap-free status granted to any real trading account in the event of any form of abuse.

What are XM Group trading instruments?

XM Group has an impressive selection of over 1,000 trading instruments across 6 asset classes including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.

How do I open an XM Group live account?

It is quick and easy to open a real trading account with XM, with the process taking just a few minutes. Click Open a Real Account on the XM website, fill in the form and upon completion you will receive an email with your login details that you can use to log in to the XM Members Area. Here you will be able to fund your trading account by clicking the Deposits tab in the main menu.

If you are already an XM Real Account holder you can open an additional account in the Members Area with saves you having to go through the registration process again.

How do I verify my XM Group account?

Once you register a trading account with XM for the first time, you will be required to go through a straightforward KYC (Know your Customer) process, which will allow XM to make sure that the personal details you have submitted are correct and ensure the safety of your funds and your account details.

You will need to upload your documents in the XM Members Area. Verification documents can include: Proof of Identity (ID, passport, driving license) and Proof of Residency (utility bill, telephone/Internet/TV bill or bank statement), which include your address and your name and can’t be older than 6 months.

Once the broker has received confirmation from the Validation Department that your account has been validated, you can start making deposits/withdrawals and download the XM trading platforms to trade online. Any new accounts you wish to open with the broker in the future will be validated automatically, as long as you will use the same personal /contact details as for your previous account.

What is the XM Group trading platform?

A trading platform connects you to the markets so that you can choose your instruments and trade online. XM offer the user-friendly and ever-popular MetaTrader platforms (MT4 & MT5) that are used by millions of traders all over the globe. They are free to use and can be used on desktop, in your web browser or as mobile applications for your smart devices.

XM clients can choose the trading account that meets their needs and select the trading platform of their choice during their registration. The decision about which platform to choose is clearly based on what a client would like to trade.

The primary difference between MT4 and MT5 is that MT4 is predominantly a forex trading platform, while MT5 is a multi-asset trading platform. This means that MT5 offers not only FX but also trading in stocks, stock indices and precious metals. MT5 also gives clients access to the XM WebTrader.

Where can I download the XM Group platform?

All platforms are available to download and use from the XM secure members area. To gain access to any of the XM trading platforms, you will need to have a demo or a live trading account. Each unique account provides you with a login number that allows you login to the trading platform that you selected during the registration.

Where is XM Group located?

The first XM Group entity was founded in 2009 in Cyprus and is regulated by CySEC under the name Trading Point of Financial Instruments Ltd. In 2015, the Group established an entity in Sydney, Australia, regulated by ASIC. The company headquarters is located in Limassol, Cyprus.

Is XM Group regulated?

Yes, XM Group is regulated by the Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA).

What countries do XM Group accept?

According to the brokers official website, XM cannot provide services to residents in the United States of America, Canada and Israel.

Is XM Group a scam?

No, XM Group is not a scam. They are a licensed and regulated broker that have been offering top-class brokerage services for many years and are trusted by millions of clients in over 196 countries.

How can I contact XM Group support?

The award-winning XM Group support team is available from Monday to Friday via email, telephone or live chat. They speak more than 25 languages to serve clients from around the globe, including English, Greek, Simplified Chinese, Traditional Chinese, Bahasa Malay, Bahasa Indonesia, Korean, Russian, French, Spanish, Italian, German, Polish, Hindi, Arabic, Portuguese, Czech, Slovakian, Bulgarian, Romanian, Bengali, Urdu, Thai, Nepali, Tagalog, Vietnamese, Cebuano and Serbian.

XM Group Summary

XM Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution. The model that they incorporate ensures that they are one of the industry leaders when it comes to favourable trading conditions for clients of all levels. This combined with strong regulation and a human approach, makes XM Group one of the best trading brokers available to traders worldwide.

78.28% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Min $5 Deposit

XM Group is a multi-award winning globally established & regulated broker with over 2.5m clients from 196 countries offering tight spreads, fast execution & low commission fees, for trading over 1000 instruments on user-friendly platforms for desktop, web & mobile.

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