XM (Xemarkets) is one of the brand in Trading Point Holdings Ltd. group, which is financial holding for provision of financial services to clients from whole the world. Besides other they focuse on providing services for retail clients on forex and CFD markets. This company was established in 2009 and manages accounts of more than 1 000 000 clients worldwide. Its headquarters is in Cyprus, where it is also regulated. Nowadays it has more than 300 employees and their websites are translated into more than 30 languages, including Czech. Anyway there is not any official representation in Czech Republic yet.
Thanks to its international activities this broker is regulated by several institutions. Besides Cyprian CySEC i tis also British FCA and Australian ASIC. Safety of your deposits is secured by segregated accounts which are managed by Barclays Plc. bank.
According to the company etiquette the lost of client trust is unalterable. That why the company tries to keep the best reputation and therefore the proffesionality is a factor which is the most appreciated in XM.
Details about XM company
XM offers their clients access to more than 300 financial instruments worldwide including currency markets, indexes, precious metal, energy with transparent prices, low spread and flexible leverage reaching maximum 1 : 30. XM is a Market Maker-type broker..
In total it has more than 30 business platforms in their offer, whereas the company flagship is MetaTrader 4 and MetaTrader 5 which complete mobile trading platforms and Webtrader.
In the offer there are 3 types of accounts in total which offer various sizes of spread. XM still belongs in the group of forex brokers that offers a micro account suitable for beginners. If you are interested, you can create up to 8 different trading accounts.
|Micro account||Standard account||Zero Account|
USD, EUR, GBP, JPY, CHF,|
AUD, HUF, PLN, RUB, SGD, ZAR
USD, EUR, GBP, JPY, CHF,|
AUD, HUF, PLN, RUB, SGD, ZARt
|USD, EUR, JPY|
|Leverage||1:1 do 1:30||1:1 do 1:30||1:1 do 1:30|
|Spread||from 1 pip||from 1 pip||from 0 pip|
|Minimum trading volume||
0.01 lots (MT4)|
0.1 lots (MT5)
|0.01 lots||0.01 lots|
What you get when trading with XM
The main advantages include the following (official from the website):
- Each trader gets his sales manager
- Free access to XM market research
- Free access to daily webinars about forex
- Unlimited access to video tutorials
- Daily access to trading signals on forex and CFD
- Great ammount trading platforms, whereas MetaTrader 4 is the main platform
- Free daily technical analysis that arrives truly regularly
- 24/5 online helpdesk
Besides above mentioned advantages XM benefited from frequent promotion which supported mainly small clients. Especially popular were the $ 30 account opening bonus and the 100% deposit bonus. Both of these bonuses but CySEC with its new return. However, XM still offers Trader Arena to their clients, which we describe below, as well as free VPS for accounts over $ 5000, as well as free deposits and withdrawals.
Trader Arena, competition that you can only find at XM
Trade Arena is a competition in which traders compete for who is the best trader on the market. At the moment the most of the competition is behind us and the last 10 finalists will compete from 13th July 2017 to 14th July 2017 to get the main price $500 000. But a total of $ 1,000,000 is distributed among the competitors.
Similar competitions are great attraction which helped XM to grow in such a client base which they now have.
It is noteworthy that XM today also sponsors Usain Bolt, the fastest man on the planet.
|Exekuce:||MM||STP||DMA, ECN, STP||ECN||ECN, STP|
|Spread od:||1.9 bodu||0.1 bodu||0.03 bodu||0 bodu||0 bodu|
|Páka:||30 : 1||30 : 1||200 : 1||500 : 1||500 : 1|
|Minimální vklad:||50 USD||1000 USD||200 USD||200 USD|
|Hodnocení:||4 / 5||4.5 / 5||4.25 / 5||4.36 / 5||4.2 / 5|
|Zobrazit >||Zobrazit >||Zobrazit >||Zobrazit >||Zobrazit >|
Do you have experience with XM? Do not hesitate and share it with us!