XM experiences
- percent: 100%
- ratings together: 1
- positive: 1
- negative: 0
- customer support: 100%
- fees: 100%
- trading platform: 100%
- minimum deposit: 100%
Forex and CFD broker XM
Forex and CFD broker XM was founded in Cyprus in 2009. The broker is regulated by the CySEC (Cyprus supervisory authority), among others. It is a relatively large and international represented broker. XM has several locations and offers support in over 30 different languages (including German). The only downside to the support is that this per Telephone can only be reached via a telephone number from Cyprus. In total, over 200 countries are covered by customer support. To trade, the Metatrader 4, Metatrader 5 or the specially developed XM Webtrader can be used. A mobile app is of course also available. There are no fees for deposits and withdrawals Fees (except wire transfer under $200). Payments can be made by bank transfer, credit card or e-wallets, Neteller, Skrill. To test can a time-unlimited demo account can also be used. You only have to register after 120 days at the latest, otherwise the demo account will be deactivated. It can Forex and many CFDs are traded on indices and commodities. At XM there is no obligation to make additional payments. The account balance can not go into the red, because the positions are automatically closed by the broker beforehand. A special feature of XM is that a leverage of up to 888:1 can be selected. Such a high one Only a few brokers offer leverage. XM is a market maker, so the courses are offered by the broker himself and the broker's earnings are paid by the broker spread generated. The continuing education program is also worth mentioning. Webinars on current topics are held regularly. Furthermore, there are daily analyzes and signals.
Tradable Instruments
55+ currency pairs, CFDs on stocks, commodities, indices, precious metals, energy
Account types at XM
Micro account
The micro account is particularly suitable for beginners. The minimum deposit is only $5.
- base currencies: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
- spread from 1 Pip
- minimum trading volume: 0.01 Lots (MT 4), 0.1 Lots (MT 5)
- minimum deposit: 5$
Standard account
- base currencies: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR
- spread from 1 Pip
- minimum trading volume: 0.01 Lots
- minimum deposit: 5$
XM Null-account
- base currencies: Basiswährungen: USD, EUR, JPY
- spread from 0 Pips
- minimum trading volume: 0.01 Lots
- minimum deposit: 100$

Payment methods
HHere is a list of accepted payment methods at XM:
- Credit card
- Neteller
- Skrill
- Union Pay
- Bank Wire
Trading platforms
There is a wide variety of platforms at XM:
- MT4 for MAC and PC
- MT4 Multiterminal
- MT4 WebTrader
- MT5 for MAC and PC
- MT5 WebTrader
- MT4 for Android/iPhone
- MT5 for Android/iPhone
- MT4 for iPad
- MT5 for iPad
Regulation
Obligation to make additional payments
Website
XM advantages
- free demo account
- regulated several times
- account from ab 5$
- max. leverage 888:1
- many tradable markets
- no fees for deposits or withdrawals
- 3 account models

XM experiences and reviews

- customer support: 100%
- fees: 100%
- trading platform: 100%
- minmum deposit: 100%

For the fourth time in a row, XM was named Best Forex Service Provider at the City of London Wealth Management Awards (COLWMA) in 2022. Especially for the employees of XM this is a confirmation that they meet global customer requirements. The innovations and achievements of the broker are also particularly recognized as a result.
The best companies in the financial sector are honored annually for special achievements. An independent jury votes online. The award of the award was in London in March 2022.