XM Broker Review


Why XM Next Step
  • Low minimum deposits with no hidden fees or commissions
  • Amazing customer service
  • My personal broker
create-account

XM is a well-regulated Forex trading platform based in Cyprus. The company’s location in the Eurozone makes it extra protected, as the Eurozone’s strict laws when it comes to financial service providers makes it one of the safest platforms for you to trade with.

Germany’s Federal Financial Supervisory Authority and the UK’s Financial Services Authority are also bodies that have XM registered, adding even more protection. XM also allows demo accounts, which you can use to practice trading.

Minimum Payment:

5 USD (yes really) – available to pay via credit card, wire transfer and Western Union, amongst others.

Trading Platforms:

XM has two, the MetaTrader 4 and the Web Trader. MetaTrader 4 is highly reliable and used all over the world, and users have the option of either manual or automated trading.

The Web Trader is even easier, as it does not require the downloading of special software, and you can simply trade through the site itself.

Customer Support

XM has excellent customer support, available 24/7 through live chat, telephone, fax and e-mail, and in 20 languages.

Best Features

  • Excellent support staff
  • Web Trader platform allows users to trade without downloading software
  • No hidden fees or commissions

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