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Trading instruments and assets
80%
Withdrawal speed
80%
Brokerage commission
100%
Technical support
80%
An objective view on XM
This can be a great fit for beginners. They have excellent educational resources. The only place where they fall short if one compares them to other brokers is that their deposit bonuses are relatively low.
However, XM is an even better broker for advanced traders. If your trading is the last thing that you need to be worried about, then I have great news. XM covers all the transfer fees when you make withdrawals. Even for wire transfers if your withdrawal amount is above $200. This, in combination with their tight spreads and absence of trading commissions, makes this platform definitely one of the most cost-effective.
Positive
Low trading costs
Excellent customer support
Zero fees on withdrawals
Minuses
No ECN account type
Deposits bonuses are low, and the extra promotions are available on an invitation-only basis.
More honest opinions from real people about the company XM
Thang Thanh5 months ago
4
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0
0
Made some money
In the past few weeks, I was in a long position on degecoin and guess what happened next. It pumped hard with 120% of clear movement and I was able to make some money, perhaps it's luck rather skill but anyway.
Diep Nhat8 months ago
5
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0
0
Trusted broker
It’s nice trading with a licensed and regulated broker. This keeps my mind at peace knowing that my security is the broker's priority.
Ken Ward8 months ago
4.5
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+1
0
Almost a year
Almost a year passed since I opened trading account with XM.
At that moment, I had some trading experience but didn't had profitable trading strategy.
I was trading in parallel on demo account. There I tested indicators and applied some ideas I found online. And on a real account, I tested trading... Read more
An objective view on XM
This can be a great fit for beginners. They have excellent educational resources. The only place where they fall short if one compares them to other brokers is that their deposit bonuses are relatively low.
However, XM is an even better broker for advanced traders. If your trading is the last thing that you need to be worried about, then I have great news. XM covers all the transfer fees when you make withdrawals. Even for wire transfers if your withdrawal amount is above $200. This, in combination with their tight spreads and absence of trading commissions, makes this platform definitely one of the most cost-effective.