XM Review 2025 Forex Broker Pros and Cons

XM Review 2025 Forex Broker Pros and Cons

You can filter the economic calendar to display only the news that matters the most to you. Via the XM VPS, your EAs will be able to work nonstop, without you needing to monitor them or even have your computer switched on. Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices CFDs, gold and oil CFDs, as well as stock CFDs. Your login details to the MT5 will also give you access to the XM WebTrader in addition to the desktop (downloadable) MT5 and the accompanying apps. Oil trading is a globalized, 24-hour market, with its prices in constant motion. This makes it an ideal instrument for day traders who look for fast movements and choose CFDs as the easiest way to trade on oil prices.

Spreads and Swaps

• The advanced features of the mobile trading platforms are a significant plus point for XM.
• You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes.
• This wide spectrum helps traders to create diverse portfolios and profit from several market trends covering most of the popular asset classes, also some less popular too.
• Providing options such as Skrill allows for faster transfers to and from trading accounts.
• What’s more is that XM Group have won over 30 forex awards and accolades, have over 16 trading platforms to choose from and 1,000+ instruments to trade.

There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the XM Shares Account which has a minimum $10,000. Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account. E-wallets are generally faster, often the same day or the next day. Micro and Standard accounts have slightly wider spreads compared to Ultra Low accounts, but both are eligible for the XM Loyalty Program. Leverage at XM varies based on the regulatory jurisdiction of your account and the type of instrument you are trading.

XM Account Types

FXTM have a greater range of online payment options compared to XM. XM Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts.

Other Products and Services at XM

XM Group is a trusted MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. Here are the criteria we used to review and pick the forex brokers on this list out of the hundreds of forex brokers out there. This XM broker review is from my experience trading with XM since 2010. On the whole, XM Group keeps their clients very well informed, and there is a wealth of information on their site. There are regular webinars and seminars if you need to brush up on your skills or want to learn more about Forex trading.

Non-Trading Fees

• XM offers you a selection of accounts with a low minimum deposit so you can get the best out of everything they have.
• XM also offers live account holders free forex signals from Avramis Despotis in the Member Area.
• The XM forex instructors walk the extra mile to provide practical knowledge and efficient trading tools on a wide range of relevant topics useful in today’s online investing.
• Futures CFDs are available on several assets including Precious Metals, Palladium and Platinum, Energies, Brent, London Gas Oil, Natural Gas, WTI Oil and WTI Oil mini.
• You can find the step by step process of how to open an account with XM in this review.
• This includes hundreds of seminars that have already been hosted around the world, with more to come.
• Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet.

The broker begins by teaching traders the fundamentals of forex and CFD trading, and gradually advances them to more complex topics. Furthermore, numerous articles provide in-depth information on various trading issues and general industry standards. Customers who learn best in a live setting have access to complimentary webinar training. Notably, Market Pulse and Strategy Builders are the recent addition to the broker’s educational facility. The broker facilitates most of its clients via the standard account.

The preference for the online purchase, and even physical ownership, of precious xm forex review metals as long-term investment has tremendously increased in recent decades. The intermediary that enables futures contracts to be negotiated is the futures exchange, or commodity, market. Investors worldwide can access about 50 major commodity markets, with precious metals such as gold, silver, platinum and palladium as the leading tradable assets due to their high economic value and durability. You can trade the most popular forex currency pairs such as the EUR/USD, GBP/USD, USD/JPY, etc. Trading one of the most popular pairs that has the most liquidity usually means that you get the lowest possible trading costs which can give you a trading edge.

XM Group mobile app screenshots

As with our other broker reviews, we will pick the stock index, the stock CFDs and Forex. The currency pairs include EUR/USD, GBP/USD, EUR/CHF, and AUD/USD. In any trade, we will assume that you buy into a leveraged position for a week and then sell. The trade volume is $2,000 for the stock index and CFDs and $20,000 for the forex pairs.