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XM Reviews

3.8 Rating 700 Reviews

74 %

of reviewers recommend XM

Company Reviews

3.8

Based on 700 reviews

Shipping & Delivery
Delivery Methods	Postal Service, Courier
Average Delivery Time	Next Day
On-time Delivery	98%
Customer Service
Communication Channels	Live Chat, Email
Queries Resolved In	Under An Hour
Customer Service	2.8 out of 5
Returns & Refunds
Refunds Process	Very Easy

Popular Questions:

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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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Would there be a part 2 of recent Promo with %100 bonuses for deposit?

Asked by Maurizio Cocci (1 week ago)

I'm not sure if there will be a part two of the exact same promo... most likely, they're going to come up with something new, not related to deposit bonuses. But who am I to know, this is just a guess, nothing more. There is still a deposit bonus you can get, it's just not as huge as the temporary one.

Answered by Kai Araujo Oliveira (6 days ago)

Does xm offer equal trading conditions for everyone or are there some differences, depending on the country?

Asked by BV Muro (2 weeks ago)

Ahaha.. Equal trading opportunities.. pal, XM is a highly regulated platform, and as is the case with all regulated platforms that adhere to the rules set by the regulators, they must follow them. And now, you should know that different regulators have different regulations, take the leverage ratio for instance, somewhere is up to 30x, somewhere is not limited at al. so to answer your question in short: there is no trading platform that offer equal trading opportunities for all traders, regardless of their region. At least not if we talk about regulated brokers

Answered by Munsif Wa'il Dagher (2 weeks ago)

The conditions are pretty much the same, unless you are in Europe. In EU zone,the leverage is limited to 1:30 so this is the most you get, I guess this is the expection. Some countries may have expections on payment options as well, but that's not about trading conditions I guess.

Answered by Ivano Messina (3 days ago)

I initially approached their services with high hopes and full confidence, expecting expert investment guidance and professional advice. Unfortunately, my experience fell far short of expectations. In less than a month, which was both emotionally and financially overwhelming. Looking back, I realize I should have conducted more thorough due diligence before getting involved. That said, I’m incredibly thankful I reached out to UNIQUE RECOVERY FIRM understanding team. Their support came through when I needed it most. Thanks to their prompt and effective assistance, I was able to recover the lost funds. I deeply appreciate their invaluable help throughout the entire process. contact them now to get your lost funds back Email: uniquerecoveryfirm@gmail.com Whatsapp: +1 (279) 268-8154

Asked by willson (3 weeks ago)

I had an unfortunate experience with an investment platform that failed to safeguard my funds, leaving me defrauded and unsupported by their customer service. Thankfully, Alpha Recovery firm came to my rescue and successfully helped me recover both my money and profits. If you've suffered losses through trading, I highly recommend reaching out to them for assistance: Email: alpharecoveryfirm>>>@>>>>gmail.com WhatsApp: +1....912.....802....9426

Asked by jane (4 weeks ago)

I am interested in trading stocks and I have no prior experience just learning and demo, is it safe or I should start with other assets first?

Asked by HaikO (1 month ago)

Hey man, welcome to the trading world. It’s always great to see more people coming into the sphere, we are sort of colleagues right now:) Coming back to your question, it really depends on what stocks we are talking about here. There are very risky one called penny stocks, and stable stocks that are called blue chips. However, i do believe that stocks are the best way to start your trading journey. I don’t recommend you going to crypto, forex, futures, options and markets like this, because they are way too volatile and risky for the beginner who doesn’t have any experience. It’s better to train in a demo environment that xm provides like you are already doing, and it would be even better to trade on demo for the first 6 months. During the period try to make mistakes and learn from them, because you will not lose money, only gain invaluable experience. And yeah, stick to stocks such as Apple, Tesla, Nvidia, Microsoft and etc. Those will not go down 50-70% in a day xD Also, you can try out trading the big indices and ETFs. Those are very simple to trade, but are not big in returns.

Answered by C. Yoonim (2 weeks ago)

Do you mean cfd stocks that you trade for its difference or real stocks that you actually can own? I’m asking because at xm it’s possible to trade them both on separate accounts but the thing for real shares account you need to have more than 10k as min deposit. Common in the industry, not common among the beginners. So, my advice is to go with usual cfd stocks. The benefit is that major stocks,like apple, tesla or microsoft are less volatile and it even can be said to be more predictable than some crypto and forex pairs. Also, for beginners who switch the critical mode of thinking, questioning why the price moves is not in favor of their analysis, stocks might be an option. Because these certain assets are less dependent on the market sentiment but more on fundamental data and new, easier to follow and grasp. But better to try different assets to understand which one is yours. Xm give this choice

Answered by German Florin (6 days ago)

What's up with the turbo stocks and thematic indices they've got, what are they exactly?

Asked by Eliziario (1 month ago)

See thematic indices as an index that follows the price of the shares of the companies in a particular industry, or category. Take US30 or Dow Jones for comparison… This index groups the biggest 30 companies in the US economy. Thematic indices are a group of companies for example the ones that work in the AI industry, electric vehicles and similar. Turbo stocks are just regular stocks of companies but the trading methodology is different… when trading turbo stocks you need to close the position before, or at the end of the day… you can’t let them rollover the next day.

Answered by Daniel Castro (1 month ago)

Why are there so many reviews on this site sharing contact information for recovery fund firms?

Asked by Narong Suparat (1 month ago)

Not only Xm broker struggles with this matter, but many others. Companies who”help to recover from scam” are actual scammers. Their reviews start as usual to make you believe and then out of nowhere contacts of some person, who works as a fund recovery specialist. To think in common sense, if someone scammed you, how is it possible to get your money back… You see, it's better to ignore such reviews or complain about them. Why are there so many? IDK, the more digital we become, the more ways to scam people are invented. For xm, I can’t say that they’re not legit. Those reviews just confirm this.

Answered by Chan Jusoh (1 month ago)

That's why it’s called a review site, people can write what information would be most useful to the next person. Trading comes with some risks and recovery funds firms would capitalise on this IMO

Answered by Michael (1 month ago)

I had an unfortunate experience with an investment platform that failed to safeguard my funds, leaving me defrauded and unsupported by their customer service. Thankfully, Alpha Recovery firm came to my rescue and successfully helped me recover both my money and profits. If you've suffered losses through trading, I highly recommend reaching out to them for assistance: Email: alpharecoveryfirm>>>@>>>>gmail.com WhatsApp: +1....912.....802....9426

Answered by luis (4 weeks ago)

Can I create a demo account to mimic the conditions of the ultra-low account or is it only available for the standard one?

Asked by Adiputra (1 month ago)

Yes, you definitely can. They do not limit you with only one demo account, you are free to choose the ultra low account one. And to be honest, it is very easy to open. First, you have to sign up for XM by inputting your email and password. Then, you're gonna receive an email to approve. After that, you will be transferred to your account, where you will see a ‘demo’ option. So, you can either open an ultra low or standard demo account. If i’m not mistaken, they give you ten thousand dollars in the beginning, but you can change it anytime to your desired balance.

Answered by Eriberto (1 month ago)

Nope man. You can’t mimic the conditions of the ultra low standard account on a demo account. It allows you just to test the waters, you can open trade positions, test advanced pending orders like buy-stop-limit or sell-stop limit. Also, implement various strategies and trade with virtual funds, but you won’t have the same conditions as on ultra low acc. If you want to have real conditions of the ultra low acc, the only option is to open a real acc, hence, you should deposit money and then you start trading.

Answered by Lou Zhen (1 month ago)

I was able to recover all my lost funds and bonuses back. If you need any assistance with regards to your lost funds from your broker or maybe your broker manager asking you to make more deposits before you could make a withdrawal or your account has been manipulated by your broker manager or your broker has blocked your account just because they need you to make more deposits to your account. If you’re interested in getting all your lost funds back Kindly get in contact with UNIQUE RECOVERY FIRM The will guide you on the steps I took in getting all my funds and bonuses back, do not invest again in this company they are fake, Good luck to Contact info: WhatsApp:‪+1 (279) 268‑8154‬ Email: uniquerecoveryfirm@gmail.com

Asked by Lisa (2 months ago)

I engaged their services, hoping for investment and professional guidance, but I was let down when my experience didn't meet those hopes. I suffered a loss of $16,500 in less than a month, which was incredibly frustrating. Looking back, I realized I should have done more research before proceeding. Nevertheless, I'm thankful that I reached out to Alpha recovery firm, they offered timely assistance that helped me reclaim my funds. Alpha recovery firm support was invaluable and deeply appreciated. contact them at email : alpharecoveryfirm>>>>@>>>>gmail.com WhatsApp + 1.....(912)......802-9426

Asked by jose (2 months ago)

Why does the stock account have a minimum deposit of $10,000 is there a specific reason?

Asked by germanoMMS (2 months ago)

I think it was obvious for everyone, they set a high minimum deposit on the shares account because the stock market counts as one of the most expensive financial markets in the world compared to other ones. If you want to have real stocks in your investment portfolio, you can buy shares of these companies only having real money without using any leverage. Also, many stocks are quite expensive and that’s why it’s better to start with $10,000 if you want to have some kind of exhaust from this.

Answered by Yubamrung Leelap (2 months ago)

That is Because you are trading traditional stock and the asset type is different and with these you wouldn’t need to use leverage or high ones so you need to have your money and also it’s not CFD. This account would be good for investors who play the long game.

Answered by DCCunha (2 months ago)

I had a fantastic experience working with ERIN CRYPTO RECOVERY FIRM and his team. They were professional, diligent, and extremely knowledgeable in helping me recover all the money I lost to a scam platform. From start to finish, they kept me informed and reassured throughout the process. I highly recommend their services to anyone who finds themselves in a similar situation—ERIN CRYPTO RECOVERY FIRM and his team truly deliver results Email..erincryptorecovery@gmail.com Whatsapp —- +1 (913) 205-2168

Asked by Frank (2 months ago)

I recently encountered a frustrating situation while trying to withdraw my money from here, and I felt completely stuck. That’s when I discovered CYBER RECOVERY FIRM and their support was nothing shorat of exceptional. From the moment I reached out, their team responded promptly, demonstrating patience and expertise in addressing my concerns. They carefully guided me through the entire process, providing clear instructions and keeping me updated every step of the way. Thanks to their dedication, I was able to retrieve my funds when I thought it was impossible.contact them via: Email:cyberrecoveryfirm333@gmail.com Whatsapp: +1..971....329........1900.....

Asked by Anna Marry (2 months ago)

The swap-free option on the ultra-low account is for Islamic accounts or for all traders?

Asked by Marcelo J. Vivanco (2 months ago)

Swap free covers the obligations that islamic account requires, it just means that they dont have swaps in general and as a rule, not because its religious

Answered by HungSon (2 months ago)

For all traders I belive, anybody can enjoy trading with no swaps here at xm and they dont discriminate between the clients.

Answered by Rinaldi (2 months ago)

For scalping, what would you recommend: the standard or the ultra low account?

Asked by Emiliano Campos (2 months ago)

The ultra low account will definitely do because of the tight spreads and you need to enter and exit the trade as fast as you can with the spreads.

Answered by Emanuel Negri (2 months ago)

They would sound real and smooth at first, after paying they always wanted me to pay more. When I suspected foul play I requested to get all my money back but they locked me out of my account. None of my mails got a response. They are thieves, I almost gave up, my only saving grace was the ULTIMATE RECOVERY TEAM who have great cryptographers & hackers. I came online via various crypto forums and blogs. They did a great job in recovering my money and exposing some of them. Save yourself the stress today and reach out to them for safety measures compared to others. No Upfront due compared to others Email: ultimate>recovery>firm>@>gmail. com WhatsApp: .1............786........ 432..............2178.......

Asked by kilo (2 months ago)

I am glad to share this insightful article of how I recovered my £57050 lost from Fvp trade and £3100 from Key markets net. I honestly didn’t believe they were scam brokers until they took all my money and denied me access to withdrawals. Reading reviews made me realize I was not the only victim. A friend of mine told me about UNIQUE RECOVERY FIRM so I did research and contacted them. They helped me a lot in getting my money back. No matter how legitimate the trading platform may seem, anyone wishing to get into trading should always conduct a legal search on the platform. Contact info: WhatsApp:‪+1 (279) 268‑8154‬ Email: uniquerecoveryfirm@gmail.com

Asked by medina (3 months ago)

What would be an appropriate trading strategy that would benefit from the trading conditions on the Ultra Low account type?

Asked by Tiago_F (3 months ago)

I am glad to share this insightful article of how I recovered my £57050 lost from Fvp trade and £3100 from Key markets net. I honestly didn’t believe they were scam brokers until they took all my money and denied me access to withdrawals. Reading reviews made me realize I was not the only victim. A friend of mine told me about UNIQUE RECOVERY FIRM so I did research and contacted them. They helped me a lot in getting my money back. No matter how legitimate the trading platform may seem, anyone wishing to get into trading should always conduct a legal search on the platform. Contact info: WhatsApp:‪+1 (279) 268‑8154‬ Email: uniquerecoveryfirm@gmail.com

Answered by jeff (3 months ago)

From my point of view, using swing-positional strategies is the best solution for trading on the ultra low standard account, you may ask why? wELL, the catch is that XM broker doesn’t charge any swap commissions only on this account for trading on the forex market. In other words, you can hold positions as long as possible, it’s almost like investing in real stocks, but now you can hold currencies for a long time without worrying about trading-costs.

Answered by Bret Runte (3 months ago)

This company is unregulated by the fca. It's all scam here, my experience with this company was bad they will manipulate you. I have so much proof of how bad these people are, they do not let you withdraw and when you ask to withdraw they become aggressive and ignore you. They stole my money $50k, UNIQUE RECOVERY FIRM came to my rescue and got my money back from this bad company.Contact info:WhatsApp:‪+1 (279) 268‑8154‬Email:uniquerecoveryfirm@gmail.com

Asked by jane (3 months ago)

I am sharing my experience with the hope of helping others. After falling victim to a devastating crypto scam, I lost $180,000. Despite trying various companies, none were able to assist me. On Jan 18, 2025, I received a call from James, claiming to help me recover unclaimed crypto transactions. However, clicking a link he sent led to another significant loss. Feeling helpless, I discovered (Alpha Recovery firm ), which had excellent reviews. Desperate for a solution, I contacted them. To my surprise, Alpha Recovery firm successfully recovered my stolen funds within days. If you've been scammed online, don't lose hope. Alpha Recovery firm can help, regardless of the platform. Reach out to them for assistance. Email: alpharecoveryfirm>>>>@>>>>gmail.com WhatsApp: +1 9 1 2 8 0 2 9 4 2

Asked by margert (3 months ago)

I had a fantastic experience working with ERIN CRYPTO RECOVERY FIRM and his team. They were professional, diligent, and extremely knowledgeable in helping me recover all the money I lost to a scam platform. From start to finish, they kept me informed and reassured throughout the process. I highly recommend their services to anyone who finds themselves in a similar situation—ERIN CRYPTO RECOVERY and his team truly deliver results!?????..ericryptorevovery.....@....gmail......com................. ???????? —- +1................. ............913...................... 205.................2168.......................

Asked by Barbara (3 months ago)

I am sharing my experience with the hope of helping others. After falling victim to a devastating crypto scam, I lost $180,000. Despite trying various companies, none were able to assist me. On Jan 18, 2025, I received a call from James, claiming to help me recover unclaimed crypto transactions. However, clicking a link he sent led to another significant loss. Feeling helpless, I discovered (Alpha Recovery firm ), which had excellent reviews. Desperate for a solution, I contacted them. To my surprise, Alpha Recovery firm successfully recovered my stolen funds within days. If you've been scammed online, don't lose hope. Alpha Recovery firm can help, regardless of the platform. Reach out to them for assistance. Email: alpharecoveryfirm>>>>@>>>>gmail.com WhatsApp: +1 9 1 2 8 0 2 9 4 2

Asked by morgan (3 months ago)

Does XM provide any useful tools that would make my trading process easier?

Asked by Marcos Gallardo (3 months ago)

great questions, and yes they do. They have a whole bunch of trading calculators, first and foremost (to avoid using those, I just trade the same pair and the same amount, almost every time, or at least x5, x10 on that amount, but the calcs help at first, a lot). They have a lot of analytical tools: fundamentals, technical analysis, news sentiment. And ofc the economic calculator, both in trade platform and on the site, separately. Using it every day, right now its even more mandatory. About trading webinars/competitions etc I don't even gonna start.

Answered by Latip Mannie (3 months ago)

I don’t know what exactly made your trading complicated. It could be lack of knowledge, not sufficient instruments on the platform or basically any other thing. I’ll talk from the point of my experience, what helped me and which of these xm has. 1) Copy trading. When the hardest thing is to find a strategy provider at first, then just setting an amount and system automatically mirroring the trades. 2) Forex calculator. To calculate the position, lots of money. 3) MT5. More exactly EAs that make trading more automatic and less time consuming. Again, it’s what worked for me…

Answered by Mahendra G. (3 months ago)

I had an unfortunate experience with an investment platform that failed to safeguard my funds, leaving me defrauded and unsupported by their customer service. Thankfully, Alpha Recovery firm came to my rescue and successfully helped me recover both my money and profits. If you've suffered losses through trading, I highly recommend reaching out to them for assistance: Email: alpharecoveryfirm@gmail.com WhatsApp: +1 (912) 802‑9426

Asked by jane (3 months ago)

What trading strategies and style works best with Xm trading conditions?

Asked by TejaEnlai (3 months ago)

That’s quite a big question or a good way to steal some working strategy, am I right? I consider xm is more or less suitable for any trading style. Whether you trade intraday, hold the positions for day or buy real shares for long-term, you can feel fine there. Ultra low account with more tight spreads, it’s a find for lower timeframe traders, while if you hold trades overnight, swap-free account, might be more than favourable. Plus, there are no commissions charged.To be fair, this broker doesn’t provide zero spreads accounts. Still, just for your information, I think, traders have a habit to overestimate the influence of spreads costs. They’re not even visible on the MT5 platform.

Answered by Osea (3 months ago)

I think best strategy for Ultra Low account is swing trading. I usually put Level on D1 timeframe and when I see the price come to key level I wait for some reversal pattern. Good ones are "W" or "M" depending on support ot resistance, and then I open a trade for many days and take whole trend if it goes my way. If it not, I see what happens :)

Answered by Zhao Xiaosheng (3 months ago)

How does The XM copy trading feature work a summary would help?

Asked by Diogene (4 months ago)

It’s very straightforward - on the example of an investor. You analyze masters based on parameters on the dashboard, checking their performance (how many trades are won or lost, what is day-by-day performance in terms of P & L), check if you like the instruments they trade (presented in their bio) then their terms (fees, minimum investment) and finally, choose the best suitable master by pressing “copy the strategy” button. You can set SL and TP in this process on your own.

Answered by Awda bin Najeeba (4 months ago)

Is it worth it to participate in their trading competitions?

Asked by Binh Thai (4 months ago)

I’ve participated in several demo competitions and a couple of real ones, so I think my experience gives me the right to answer this. Considering that there’s no participation fee besides the general eligibility criteria, I would say that it was certainly beneficial. The competitive spirit helps to bring the best of you as a trader. I found that it was also easier to stick to my trading plan, keep my mind sharp and control my emotions knowing that I’m competing against talented people. Even if you don’t score highly on the leaderboard, there’s still a slight chance of getting a reward (it’s called lucky draw if I remember correctly). Although if you’re a beginner, trying out paper competitions first is definitely a must.

Answered by ParamatN (4 months ago)

Can I trade comfortable from the XM mobile app or do I need a laptop to be profitable here?

Asked by Vijandren Soti (4 months ago)

Bro, you need trading knowledge and good risk management, for being profitable. You can have both a laptop and mobile, or another software, few monitors and still won’t achieve something at trading:)) Anyway, I’d rather recommend you to stick to PC trading, since the screen is bigger, which makes it much more convenient to do your analysis, without which you can’t actually make anything, don’t tell me, you wanted to just gamble up and down for the price predictions, LOL. Xm has good and reliable Metatrader web platforms, still if you don’t have much time and your analysis is ready, you can use the xm app, a flexible option, in this case. The combination of web and mobile trading is the best thing you can do.

Answered by Demian Ferreira (4 months ago)

What xm can offer for scalpers, in term of variety of trading accounts?

Asked by Taahir bin Aasim (5 months ago)

In terms of basic ground one, it`s demo and real ones, where you can practice with virtual funds at first, then moving to the live real money trading. But, I think, you mean the variety, in terms of the second category… Alright here, xm has basically three options: standard, ultra low and shares. The first two are intended for traditional CFDs: forex, commodities, crypto and other various markets, while the main difference between them is spreads and trading bonuses eligibility. Ultra low is intended for traders that seek tight spreads… As for shares accounts, you can trade real shares there, but need to have a bigger initial deposit and can`t apply for leverage, actually nothing new here.

Answered by Ivanildo Moura (5 months ago)

Are xm live tv lessons only for those who have some experience in trading?

Asked by FinnTauro (5 months ago)

I think its quite the opposite. The only thing you need is some lingo. Which can be learned at XM Academy or just through watching a couple youtube videos honesly. And then with some basic english knowledge you can learn everything there is to learn about trading. Speakers at XM are good enough to explain to a newer traders while engaging the experienced pros with some nuggets here and there. I like them quite a bit, been listening for years, part of the reason Im profitable now, I believe.

Answered by Agustin (5 months ago)

Are scalping and expert advisors allowed here, and are there any that you would recommend?

Asked by F. Ferrara (5 months ago)

As far as I know ,yes. You can intergrate EA into MT4 and MT5, and scalping is just a style of trading. When it comes to actually recommending or not, this is where it gets a little bit tricky. So on one hand, scalping can be profitable, but I would not advice it if you are not a professional in this, I would not advice it in general as well. high risk, too high sometimes and you gotta have low ping and fast connection. On top of its. its super stressful and you might make a mistake very quickly, as in swing trading if you oopen and see the market aint moving your way - you can close. In scalping, it can be over in a minute, so therefore, don't do it is my recommendation. If you wanna do it, make sure you learn it through and through. About EA;s. don't see any negatives in those, but still, nothign beats traditional trading of priec action.

Answered by gabriel Padilha (5 months ago)

Which account choice would you recommend, any changes in that regard?

Asked by caket halim (5 months ago)

there are sometimes small changes here and there, but most people recommend Ultra low, especially for traders with some volumes of trades. But you can start with basic standard one (or better yet, with demo first, just to test), and then go on to Ultra low, they allow that. The difference is basically that you don't get a bonus, but you have lower spreads. So a lifehack would be to spend bonus firs with Standard, get enough of it, and switch to Ultra later on.

Answered by Thang dien (5 months ago)

"I was a victim of a devastating investment scam that left me financially and emotionally drained. The platform, which appeared legitimate at first, denied my withdrawal request of $275,000 and instead demanded multiple deposits under false pretenses. I lost a substantial amount of money over three weeks, plunging me into depression.. Fortunately, I discovered Ultimate Recovery Firm, who provided me with expert assistance in recovering my losses. Their help was instrumental in saving me from financial ruin. I'm grateful for their services and highly recommend them to anyone who has fallen victim to online scams.. You can contact Ultimate Recovery Firm at:. Email:ultimaterecoveryfirm---@--gmail.---com WhatsApp: +1 - - - 786---- 432------2178....

Asked by lucy (6 months ago)

What is the best way to test the XM platform, through the demo, or do you have another suggestion?

Asked by Silvio (6 months ago)

I wouldn’t say that testing through a demo account is reliable, although it has certain benefits. This applies to all brokers, not only for XM. For some brokers, testing its platform through a demo is the only option, without the need to deposit a certain amount of funds. But I have another suggestion, which I used and will cost you nothing. Register an account at XM, and after you verify your account (upload ID and proof of residence), you get a $30 bonus deposited into your real trading account. This is an excellent offer from XM and can be indeed beneficial for the purpose you asked for. You know, on demo, the execution is always perfect, and there are no slippages at all… while we all know that slippages are impossible to be avoided in a real trading environment. Here, you trade in a real environment and get a real experience in terms of the performance of the platform. The only downside is that this bonus is available for the standard account, but if you decide to trade on the ultra-low account, trading terms are getting just better :)

Answered by Okur E. (6 months ago)

How many payment methods does this broker offer and which one is the best?

Asked by Yajeel Walton (7 months ago)

bro, i have no idea how many of them are available, because i didn't focus my attention on this, seriously. it was important for me to have bank cards for depositing and withdrawing funds and what I can say for sure - you can use debit/credit card here and get your money as fast as possible and in the safest possible way. for me this one is the best, ain't got a habit to speak for others.

Answered by Xie Jingyi (6 months ago)

I have been seeing nice reviews so I would like to know If XM is a legit and reliable broker?

Asked by Davi Peres (7 months ago)

Of course they are. If you're a new user It's a plus for you. you can be sure all regulatory terms based on your country are met

Answered by Muntasir (7 months ago)

Does XM offer a dedicated client relations manager like some other brokers?

Asked by Vulmaro (7 months ago)

I think it does, but maybe only for people who have large enough deposits? I don't know, never used one or felt like I needed one. People from support have been more than helpfull enough. I would take high quality, 140 IQ support over personal manager any day, cause I imagine with manager they can't respond every hour, whenever you need them?

Answered by Federico (7 months ago)

Does XM offer a dedicated client relations manager like some other brokers?

Asked by Vulmaro (7 months ago)

I really wonder, what is your honest opinion about their competitions?

Asked by Odino (8 months ago)

They are fair and this is what you need to know about them. You can compete using the demo account and the real one. The highlight - no entry fees required, so you are able to get in even with 5 dollars, huh. Just a joke, it's not that safe to do so, anyways, it's a noticeable feature. Besides, prize pool is big. Dunno how vast should be your XP in trading to win everyone who participates, but maybe you'll get lucky.

Answered by Sad bin Moosha (8 months ago)

Has anyone here tried shares account? If so, then would you recommend it to others?

Asked by Bergnaum MD (8 months ago)

I have tired the shares account and I think its a great option which would also depend on your goals and trading styles. It is ideal for long term investments and unlike CFDs, you have - Ownership of the assets - Lower risk-opportunity to diversify your portfolio -transparent fees Things to consider are; long term focus, huge fund requirements and a broker. I would definitely recommend the XM shares account

Answered by Albert Gallardo (7 months ago)

What bonuses, contests, promos are offered by XM for new or existing customers?

Asked by Salvador Lobo (8 months ago)

They offer pretty bunch of different things to attract traders. The main two, on which, you should pay attention, are competitions and deposit bonus. Certainly, the bonus might be a solid add-on to your initial deposit, you should note that you can`t withdraw it. Though, in my opinion competitions, is better way to get benefits from. You can practice your trading skills and apply your knowledge in competitive environment, it`s always good for trading development.

Answered by Enrico Mancini (8 months ago)

How to choose an account among those they offer?

Asked by F. Garcia (8 months ago)

Listen to your heart, bro. Just a joke. Compare them and this is it. The Xm broker provides with a kind of comparison table on the website so you will be able to compare the accounts and decide which one will suit you most. If you are beginner, then try Standard at first. It requires just 5 bucks to kick off.

Answered by VHuynh (8 months ago)

How many account types do they have?

Asked by Pietro Villa (9 months ago)

In fact - 4. But if it's about ACCESSIBLE accounts, then 3 of them are accessible to the majority of traders as Shares account has $10k of minimum deposit while others require just $5. Ultra low account, Standard and Micro + Islamic is also a type of account. Yeah... 4 accounts are accessible to people, I just messed things up a bit. Conditions you can check on the site, all differences are transparent.

Answered by Sabino (9 months ago)

Is the copy trading feature of XM very reflective and profitable?

Asked by Jordi (9 months ago)

I’d say yes! It does reflect the market and I found it informative. As for profit, it depends on how successful your actual trade is, nobody can say it in advance:)

Answered by emiliano marinho (9 months ago)

What position size should I use with a $200 account size?

Asked by Orland (10 months ago)

Buddy, I want to give not only recommendations about lot size, but also some others. I understand that one of the advantages of XM is the low limit on minimum deposit amount. But traders should consider all risks. So when trading with $200 deposit, I recommend only 0.01 lots. Moreover, I recommend you always use stop loss. Try to trade so that risk level doesn't exceed 20% of deposit amount. I understand that profit will be less than you would like. But trust me, this is the only way you can trade properly

Answered by Izaiah (9 months ago)

How are trading turbo stocks different from usual shares?

Asked by Christopher (10 months ago)

The major difference between turbo stocks and usual shares are in leverage and risk structure. With leverage, turbo stocks can be traded with leverages and price movements amplify losses or gains while usual shares are bought at full value and price movements reflect proportionally in your investment. Risks in turbo stock trading mainly come from leverages and losses are magnified more than investments while in usual shares, the risks are not more than investments. Its important to note that for turbo stocks, you do not actually own it and have no rights while shares are owned by the trader and given certain rights and dividends. There are also differences in the cost and trading strategies.

Answered by Kob Jainukul (9 months ago)

Do they provide daily market analyses for clients?

Asked by Amal Munisa (1 year ago)

Oh, yeah, buddy. Their news feed is a great tool to analyze market situation. My daily routine now consists of checking news feed on their official website in the morning. Then during the day I go there several more times to see some updates. In general, I like their market analysis and I use it in my trading. As for content of this analysis, it's obvious that it was made by professionals.

Answered by Maximo (1 year ago)

Is it possible to invest in the stock market in the long term through XM broker?

Asked by Edgar (1 year ago)

Oh, you asked a question about one of the features of this broker that is popular among traders. I think so. This broker provides several options for trading stocks. Each client has access to CFD stock trading and real stock trading. That is, each client can choose type of stock trading that suits him best and investing in stocks in the long term is one of available options.

Answered by Istemi Binay (1 year ago)

What can you say about the set of assets that are available on platform?

Asked by Jamal Mansur (1 year ago)

Its the regular stuff. Stocks, forex, commodities, special metals, indices. It's what you'd expect. As far as I know, they pretty recently added some cryptos. Seems like the industry is moving in that general direction. I don't trade in them thou, so I'm probably not the best to talk about them. I trade CFDs. Almost exclusively stocks, and some EURUSD. Its pretty good for that. The main thing with them is ultra-low account with no swaps. That's the reason to trade here.

Answered by Nico Maroto (1 year ago)

Guys, can you recommend the deposit amount from which to start trading on this broker's platform?

Asked by Aakif el-Diab (1 year ago)

If you are a pro trader and have $10k laying around, shares acc is a way to go If you just want to check out XM and maybe learn trading, you can start with as low as $50 and learn risk management. At least its what I did when I begun trading.

Answered by Santokh (1 year ago)

Can I use custom indicators on this broker's MT platform?

Asked by Yoruk B. (1 year ago)

Of course you can! That's one of the best things about it! They even allow EAs. I guess it can be the innate feature of MT. It is generally possible to use custom indicators and Expert Advisors on different exchanges or brokers in with MetaTrader. One of the reasons so many exchanges and brokers use it. Highly customizable to the needs and wants of the trader.

Answered by Igor Falcao (1 year ago)

Is there absence of swaps on all of the trading instruments?

Asked by Manasseh (1 year ago)

I don't think so, it can be quite costly for a company to cancel out all the swaps, so its not up to the instruments. Instead, it is up to the accounts. So the usual standard and micro accounts do have swap, so they are probably not what you want. Next we have shares account without a swap, but with a high depo requirement, so also not a good choice for a simple trader. The best choices would be either a ultra low account, or an Islamic account. Islamic account is available upon request, and it is swap free. But, I believe ultra low is better, because in addition to no swaps, you also get lower spreads🕊️

Answered by Diego Vale (11 months ago)

What is the MOST preferrable way to trade with XM: positionally or intraday?

Asked by Oretta Martino (1 year ago)

With such a versatile online trading platform like XM, all trading strategies can work. The trading conditions at XM provide excellent terms for both trading styles, they foster a low-cost trading environment through the absence of trading fees and tight spreads. This is applicable for positional and intraday trading. What matters is what is the best fit for you, and for your trading style. Both can be profitable, but you need to make sure what you prefer. Intraday trading, for instance, require larger monitor time, while positional trading require much less monitor time.

Answered by Marco Bernardi (1 year ago)

Guys, can someone tell me could I invest in real stock in the long term?

Asked by Paolo Giordano (1 year ago)

Investing in real stock is actually a long-term investment strategy. It makes no sense if you intend to speculate on the price of stock using these instruments. For that purpose, use Stock CFDs. So, yeah, you can invest in real stock in the long term. Aside from the potential gain from the price changes, you need to consider another aspect when choosing stock - the dividends. Traders who trade real stock are attracted by the dividends the companies share with their shareholders. This can be a very lucrative way of investing, but honestly, it demands thorough research, knowledge and skills. Stil, it is doable and can be mastered in this investment style, but it takes time.

Answered by Keshawn (11 months ago)