XM Trading Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- FSA (Seychelles)
- FSC (Mauritius)
- 2009
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- FSA (Seychelles)
- FSC (Mauritius)
- 2009
Our Evaluation of XMTrading
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
XMTrading is a broker with higher-than-average risk and the TU Overall Score of 3.8 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by XMTrading clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Brief Look at XMTrading
XMTrading operates with the core mission to deliver unparalleled service in trading currency pairs, CFDs, equity indices, precious metals, and energies. The company is duly regulated by the Seychelles Financial Services Authority (FSA) as a Securities Dealer, license no. SD010 and FSC GB20025835 (Mauritius). XMTrading offers a range of cutting-edge platforms - MT4, MT5, and XM Web Trader – to ensure diverse options and multi-feature trading conditions available for each and every customer. XMTrading is driven by a team of experts with vast experience and strong knowledge of the financial industry.
XMTrading Summary
| 💻 Trading platform: | MT4, MT5, Webtrader, Mobile platforms |
|---|---|
| 📊 Accounts: | Micro, Standard, Zero |
| 💰 Account currency: | USD, EUR, JPY |
| 💵 Replenishment / Withdrawal: | Wire Transfer, Credit Card, e-wallets |
| 🚀 Minimum deposit: | 5 USD |
| ⚖️ Leverage: | 1:888 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0,01 |
| 💱 Spread: | From 0,6 p |
| 🔧 Instruments: | Forex, Commodities, Equity, Indices, Precious Metals, Energies |
| 💹 Margin Call / Stop Out: | 50/20% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Mobile Platforms |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | No |
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Comparison of XMTrading with other Brokers
| XMTrading | RoboForex | Pocket Option | Exness | FxPro | FreshForex | |
| Trading platform |
MT4, MT5, WebTrader, Mobile platforms | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MT4, MobileTrading |
| Min deposit | $5 | $10 | $5 | $10 | $100 | No |
| Leverage |
From 1:1 to 1:888 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:2000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0 points | From 0 points |
| Level of margin call / stop out |
50% / 20% | 60% / 40% | 30% / 50% | No / 60% | 25% / 20% | 40% / 20% |
| Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | $100 | No | No | No | No | $30 |
| Cent accounts | No | Yes | No | No | No | Yes |
User Satisfaction