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XM Review

4.6 / 5 · Est. 2009

Award-winning broker with excellent educational resources and no deposit fees.

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About XM

XM is a globally regulated forex and CFD broker that has been serving traders since 2009. Known for their commitment to fair and transparent trading conditions, XM offers a comprehensive trading experience with extensive educational resources, making it ideal for both beginners and experienced traders.

Key details

Min deposit
$5
Spreads
From 0.6 pips
Leverage
Up to 1:888
Founded
2009
Headquarters
Limassol, Cyprus
Rating
4.6 / 5

Highlights

  • No deposit or withdrawal fees
  • Free educational materials
  • $50,000 demo account
  • 1000+ trading instruments

Pros

  • Low minimum deposit
  • Excellent education center
  • Multiple account types
  • No fees on deposits/withdrawals
  • Strong customer support

Cons

  • Limited cryptocurrency options
  • Overnight fees on some instruments
  • Restricted in some countries

Platforms

MetaTrader 4MetaTrader 5XM WebTraderXM Mobile App

Instruments

Forex (57 pairs)Stock CFDs (1200+)CommoditiesIndicesEnergiesPrecious Metals

Earn cashback every time you trade with XM

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