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XM Reviews

3.8 Rating 720 Reviews
74 %
of reviewers recommend XM
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Email:

support@xm.com

Location:

12, Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor,
Cyprus
Limassol District (Leymasun)
3042

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Anonymous
Anonymous  // 01/01/2019
Like the trading conditions. it's typical - low spreads starting from 0.1 pips, seemingly endless liquidity, rare slippage. For a live acc XM is doing very well. No restrictions on strategies and order amount too. Trading competitions, bonuses (can only withdraw profits), discounts, demo accounts, automated trading advisors - all there. Withdrawal usually take a while, it's from hours to a business day for me, but I think XM handles it differently from different jurisdictions, if I see things correctly in the reviews here. Some get it a bit better than others.
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Posted 10 months ago
Hi Shaiful, Thanks for sharing your experience! We're happy to hear that you're enjoying the trading conditions, from low spreads to liquidity and flexibility with strategies. 😊 It’s great that you’re taking advantage of the competitions, bonuses, and all the features we offer. As for withdrawals, you’re right—they can vary by jurisdiction, but we always aim to process them as quickly as possible. Thanks for choosing XM, and happy trading with us. XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
If you have any doubts or need something to clear it out, I advise contacting its support rather than trying to solve your problems alone. The staff is very professional 👍
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Posted 10 months ago
Hi Altan, Thank you for your kind words! 😊 We're so glad to hear that you’ve had a positive experience with our Customer Experience team. We’re always here to help and make sure you have all the answers you need. 👏 Don't hesitate to reach out anytime—our team is ready to assist! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I trade shares from various industries at xm and I am glad that some many of them are available. I even heard of the possibility to mess with some real stocks, but I haven't tried this function yet. Maybe I will even qualify myself into an investor, lol, why not ? Gotta be next Warren Buffett, younger, but not smarter tho' 🥲😆 Platform is cool, got no complaints about my experience here.
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Posted 10 months ago
Dear Scottie, Haha, love the ambition! 😄 Who knows, you might just be the next Warren Buffett in the making! 🤑 We’re thrilled to hear you’re enjoying the wide range of shares available on XM. Thanks for the awesome feedback, and keep those trades rolling—no complaints needed! 😇 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I trade currency pairs on XM platform for several reasons. Perhaps the most important reason is leverage. Here I got x1000 What does this mean to me? Using a small margin, I can get a big profit. My trading strategy has some risks. But I trade so that possible losses are less than potential profit. So having a big leverage reduces risks.
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Posted 10 months ago
Dear Nicholas, We’re excited to hear how much leverage on XM is working for you! 😎 The power of x1000 leverage really can open up opportunities to maximize potential profits with a controlled margin. It’s great that you’ve found a strategy that balances risk and reward. Keep trading smart and stay on top of your game! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
While trading on a demo account has its own disadvantages, it is still recommended for new traders to spend time trading on it. Usually, more than you feel is enough. Don’t ask me how I know :D But I found a way to make trading on a demo account exciting, thanks to the demo competitions available on XM. No entry fees are required. All you need is your demo account registered for the competition. Each month they have one, and the prize pool is really attractive. For instance the prize pool for September competition was $140,000 🤯
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Posted 10 months ago
Hi Enrico, Haha, we love the honesty! 😄 Demo accounts are definitely a great way to practice, and it’s awesome that you’ve found a fun and exciting way to make it even better with our demo competitions! 🏆 The prize pool in September was definitely something! Thanks for sharing, and good luck in the next competition coming up end of October. 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I don’t know what Ultra Low stands for, but if I had to guess, it would probably refer to the costs of trading. Except the costs on the XM Ultra low acc type, which are indeed low, and the only trading fee included here are the spreads, everything else is max 😀 The market range is vast, the available leverage is more than you should use, and withdrawals are processed quickly. All good 👍
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Posted 10 months ago
Hi Kane de Jong, We’re glad you’re enjoying the benefits of our Ultra Low account! 😄 You’re absolutely right—the low costs, quick withdrawals, and vast market range make it a great choice for traders. With spreads as the only fee, we aim to keep it simple and transparent! 😎 Thanks for the awesome feedback, and happy trading with XM! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
XM has 4 accounts. It's cool, I believe. It's better than 1 and way better than 10 of them, which is usually completely redundant. Many traders as I see opt for the standard accord ultra low one. I reckon they have the most competitive trading conditions out of all. Shares acc... Nice one, but it has quite a big minimum deposit, so this requirement is a sticking point for newbies, definitely.
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Posted 10 months ago
Hello Han Yang-Hsiao, We’re glad you appreciate the balance of account types at XM! 💪🤖 Having 4 options really allows traders to choose what fits best without being overwhelmed. We agree - our Ultra Low account does offer some of the most competitive conditions. 😇 And thanks for the honest feedback on the Shares account—while the minimum deposit may be higher, it’s great to hear you recognize its potential. Keep trading smart! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I wasnt so sure about this broker but now XM is my sure broker and the main one, I might test other brokers but I do that majorly to compare their services and conditions and Xm still always come up as the numero uno! Withdrawing my profits has never been an issue and the different accounts have nice conditions. Since I have been trading till now I can say I have withdrawn over 1000% of my initial capital and yes this is because I was disciplined with my risk management and money management tools.
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Posted 10 months ago
Hi Alexandre, Wow, that’s amazing! 🙌 We’re thrilled to hear that XM is your go-to broker and that you’ve had such great success with disciplined risk and money management. 🥳🥳 Keep up the fantastic work, and we’re here to support you every step of the way! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I’ve GOTTEN fast responses to queries, whether it was to ask about technical matters or simple trading questions. I was confused on how to input my MT5 login details because I didn't know what MTID meant and I really do not want to depend on GOOGLE with matters related to my money, I was assisted by their support using the email but they can also be contacted through live chat and phone, from 8 AM to midnight, Mon-Sat only. So I had to use the email and wait because I created a ticket on Sunday.
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Posted 10 months ago
Hi Merlin, We’re thrilled to hear that our Customer Experience team was able to help you quickly with your query! 😊 Your security and confidence are our top priorities, and we’re happy that you could rely on us for answers, even when it’s outside of Google! 😄 We’re here whenever you need us! 🙌 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
The customer service réponse to me was very warm and this was the convincing factor I needed to open an account with the broker. It’s a friendly platform.
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Posted 10 months ago
Hi Girish, We’re so glad to hear that our customer service made a positive impact on your decision to join XM! 😊 Warm, friendly support is exactly what we strive for, and we’re thrilled that it helped you feel confident in choosing us as your broker. Welcome to the XM Community! 💪🤖 We’re here to support you every step of the way! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
The current situation i'm not sure about, but to my knowledge XM had licenses from not just Belize, but Australia, Cyprus and UAE. Also compliant with MiFID directives. Finding info about all that was what first brought me to this broker. Right now, I think there's less regulations, but I'm already here, and already got my payout like 10 times, so leaving or getting worried right now would be pointless. So far, my trading here was fine. Lots of assets, the platform works alright. Most importantly, the broker does not interfere with my trading. Everything else, I can handle.
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Posted 10 months ago
Hi G. Fiore, We pride ourselves on being regulated across multiple jurisdictions! It’s great to know that you appreciate our transparent approach and that we’re not interfering with your trading. We’re here to support you every step of the way! Keep up the great work!💯😉 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
What a cost effective broker! with a minimum deposit as low as $5 it’s a good deal to start trading with. I know lots of brokers that start from $25 and above so this is a great platform.
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Posted 10 months ago
Hello Roberto, We’re so glad to hear that you find XM to be cost-effective! 😊 A low minimum deposit of just $5 makes it easier for everyone to start trading, and we’re thrilled you think it’s a great deal. It’s all about giving traders the flexibility to begin their journey with confidence! Thanks for the awesome feedback, and happy trading with XM! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
It's one thing to be an experienced trader and it’s another thing to have a good broker that makes it very easy to go about your business smoothly. Trading with Xm is very satisfactory. I get all the support I need from my account manager and customer service. The broker has great execution rate, fast withdrawals and good spreads. I would say this broker is good for beginners and also for growth.
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Posted 10 months ago
Hello Cristovao, We’re thrilled to hear that XM has been making your trading experience smooth and satisfying! 😊 Whether you're an experienced trader or just starting out, we’re happy to provide the support, fast execution, and competitive spreads you need.🙌 Your success is our priority, and it’s great to know that both beginners and experienced traders can grow with us! Thanks for the positive feedback! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I trust XM broker and I started to trust it right after made an account here. You know, I quickly detect good brokers, because I have an experience in this. I just google some information about the platform, checked what people say about it, then proceeded to the website and got acquianted with the historical timeline of the company. It took just 30 minutes maximum, but I got essential information about reliability of the platform. Then, of course, I was doubly convinced in this reliability after having zero troubles with depositing and withdrawing. Take my instruction as a manual.
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Posted 10 months ago
Hello Tung Ngo Bao, It’s great to know that the smooth deposit and withdrawal process further reinforced your confidence. Thanks for sharing your experience—it’s always helpful for others to hear how thorough and transparent our platform is. We’re here to support you every step of the way! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
As a beginner trader I prefer trading forex here. Yeah, yeah, I know that I am not super original in this case, but sry, guys, it's just something I've learned from different trading course. FX market is the more amenable to analysis than others if you are an unskilled trader. So, spreads are to my liking here. For instance when it comes to trading eur/usd pair, then they are averagely 1-3 pips which is okay for me. I don't see loads of money is deducted from my balance when I close trades. They are invisible, hehehe. Also, there are some more markets, but I haven't tried them yet.
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Posted 10 months ago
Hello Paulo, We’re glad to hear that you’re enjoying forex trading with us! 😊 No worries about being "unoriginal"—the FX market is a popular choice for many beginners because of its analysis-friendly nature. We're happy that the spreads on EUR/USD are working well for you and that they’re nice and "invisible" when closing trades! 😄 When you're ready to explore the other markets, they’ll be here waiting for you! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
I looked for a broker with an account that has tight spreads with no swaps cuz I go intraday, and it was right under my nose.. In exchange for a swap, I got the tightest 0,8 starting spread, which perfectly fits my system. Thanks XM for this oppotunity.
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Posted 10 months ago
Hello Eshaan, We’re thrilled to hear that you found the perfect fit with XM! 😊 Tight spreads and no swaps are ideal for intraday trading, and we’re happy to offer exactly what you need. Thanks for trusting us, and we’re excited to see you continue thriving with your trading system! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
Here is the broadest edu hub, TBH. Live education is smth that I lacked on the previous platform.
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Posted 10 months ago
Hi Pol, We’re so glad to hear that our educational hub is meeting your needs! 😊 Live education can make such a difference, and we’re thrilled it’s filling the gap for you. 🎓 Thanks for choosing XM, and we’ll keep supporting your learning and trading journey! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
XM is probably the most unique broker I have ever seen in my trading path because the diversity of trading opportunities which they offer to customers is really huge and you can literally find everything there. I like how many ways they provide for transferring money but personally I use a bank card for making deposits and withdrawals. I have never encountered any troubles with the transactions.👍
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Posted 10 months ago
Hi Khak, We’re thrilled to hear that you find XM unique and full of diverse trading opportunities! 😊 We pride ourselves on offering a wide range of options, and it’s great to know that the ease of deposits and withdrawals has been smooth for you with bank cards. Thanks for your trust, and we’re here to continue supporting your trading journey! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
XM is one of the largest brokers available. While I initially focused solely on forex pairs, after three months of using their services, I decided to explore more of what they offer. I’ve found their thematic indices and turbo stocks to be exceptional. Their range of options stands out compared to other brokers, and I really appreciate the unique variety they provide.
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Posted 10 months ago
Hello Mduduzi, We’re so glad to hear you’ve explored more of what XM offers and found our thematic indices and turbo stocks exceptional! 😊 It’s great that the variety and unique options have stood out to you compared to other brokers. Thanks for choosing XM, and we’re excited to see you continue to discover new trading opportunities with us! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
The XL Ulta low account type is the flagship of this platform, and I encourage every trader who wants to cut his trading costs to explore more about the trading conditions offered with this account. The first and stand-out feature is the absence of swap fees. This can be useful if you're a swing trader, but it doesn’t change a lot if you are an intraday trader like me. But still, it is good. Excellent execution and the spread are within the standards, maybe a bit lower than the average.
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Posted 10 months ago
Hello Ravindra, We’re thrilled to hear that you’re enjoying the XL Ultra Low account! 😊 The absence of swap fees really is a game-changer, especially for those who swing trade, but we're glad to know it’s still beneficial for intraday trading as well. Thanks for highlighting the excellent execution and tight spreads! We’re happy to offer conditions that help keep your trading costs low and your experience smooth. Keep up the great work! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 10 months ago
XM is rated 3.8 based on 720 reviews