XM Review

The XM Group is a group of regulated online brokers. Trading Point of Financial Instruments Ltd is established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd is established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC 443670) and Trading Point of Financial Instruments UK Ltd is established in 2016 and it is regulated by the Financial Conduct Authority (FCA 705428)

Trading Platform/ software

The trading platforms at XM include MetaTrader 4, with no rejections and no requotes. Leverage ranges from as little as 1:1 all the way up to 500:1. MetaTrader 4 allows a single login with up to 8 platforms, with spreads as low as 0 pips and some 300 instruments available. MT4 is available for Mac, PC, multiterminal, WebTrader, iPhone, Android, iPad, and Android tablet. MetaTrader 5 – MT 5 is a single platform with 6 asset classes available. Some 80 analytical objects are included with the platform and the latest price quotes are provided.

The total number of financial instruments available is 250+, and these include Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs and Cryptocurrencies CFDs. The major difference between MT4 and MT 5 is that MT4 is a Forex trading platform, while MT5 is geared towards multi-asset trading. Smartphone trading is available at XM, simply by downloading the application on Android and iOS devices.

Features 

Investors who maintain XM Trading accounts can enjoy a variety of trading tools and features that include the following: 

  • Market maker broker 

  • Dealing desk 

  • One click automated trading 

  • Trading from charts 

  • Hedging and Scalping permitted 

  • No requotes 

  • Allows integration of Expert Advisors 

  • Trailing stops 

  • Trading over the phone 

  • First deposit bonus 

  • Promotions and contests 

  • Negative balance protection  

  • Multilingual economic calendar 

  • Virtual Private Server (VPS) services 

  • Multilingual customer support services

XM Bonus System and Types

Learning information about a broker is an entire process you need to consider every time before signing in a particular website. And part of this process is to see if the available bonuses are ok for you. Thankfully, XM offers numerous promotions and special extras you should definitely check out now.

  • No Deposit Bonus – the no deposit bonus – is still part of the bonus system that XM website provides to all of its clients. To be more specific only newly registered clients can actually benefit of it. The no deposit bonus here is 30 $ and you can use it only if you are new on the website and have just made your registration with a validated account to trade from.
  • Welcome Bonus – The two-tier deposit bonus offers 50% deposit bonus up to $500 and 20% deposit bonus up to $5,000.
  • Loyal Bonuses and Programs – Become a regular customer on XM at some point and you will be able to apply for a loyalty program. This program gives you several extras and special promotions and to reach it you will need to collect a particular amount of points, which are given during your experience on XM platform.
  • Special Seasonal Bonuses – Do not forget to check out for special seasonal bonuses on XM. This Forex platform has a tradition to update its bonus system all the time, so you can receive an additional offer throughout your experience here.

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