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What is XM?

Founded in 2009, XM Group has evolved into a distinguished, multi-regulated broker recognized for its extensive online trading services. 💪🤖

As one of the largest brokerage firms in the world, it is celebrated for its dependability, clear trading practices, and outstanding customer service.

XM offers traders the opportunity to engage with global financial markets by providing competitive spreads, quick trade execution, and a variety of account types designed to meet different trading strategies.

With access to more than 1,400 assets, XM ensures that traders can seamlessly trade on popular platforms like MT4 and MT5, whether on desktops or mobile devices. 🚀

By equipping traders with cutting-edge tools and resources, XM fosters a trading environment that emphasizes transparency, reliability, and trust, making it an ideal choice for both novice and experienced traders alike.

Integrations

Screenshots and Video

Company Facts

Company Name:
XM
Date Founded:
2009
Company Website:
www.xm.com
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Product Details

Deployment
SaaS
Windows
Mac
iPhone
iPad
Android
Training Options
Documentation Hub
Online Training
On-Site Training
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

XM Categories and Features

Currency Exchange Software

Analytical Reporting
Client Management
Custom Account Statements
Data Backup Scheduling
For Money Exchanges
Margin Management
Market Data Access
Position Management
Real Time Currency Quotes
Real Time Tracking
Transaction Management
  • Reviewer Name: Idris S.
    Position: Social Media Manager
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Trading with no problems

    Date: Feb 21 2025
    Summary

    I open and close my currency trades here with peace of mind. Reliable , execution quality is top-notch.

    Positive

    You can get started with very low amounts of $10-50. With that, you get access to incredible variety of market insights.

    Negative

    The answer of the support wasn't very informative as I wanted them to be.

    Read More...
  • Reviewer Name: Ramon M.
    Position: Chief Sales Officer
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Ease Of Use
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Mobile application

    Date: Mar 13 2025
    Summary

    I’ve been trading here for over 5 months and so far so good. They know how to provide great conditions...

    Positive

    The mobile application has a pleasant user interface and it was easy to navigate around there. I like it!

    Negative

    Sometimes the app loads too long and it’s getting annoying.

    Read More...
  • Reviewer Name: Ferreira A.
    Position: Lean Six Sigma Consultant
    Has used product for: Free Trial
    Uses the product: Weekly
    Org Size (# of Employees): 100 - 499
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Ultra low account

    Date: Mar 11 2025
    Summary

    It’s been a while since I started to use Mt4 ios. I think it is working properly but would appreciate if the list of indicators could be expanded.

    Positive

    Affordable and not costly at all.You don’t pay any commission for trading and basically can fund with whatever amount you want. A lot of trading instruments of different kinds.

    Negative

    I had few glitches in the app here and there. They disappear after I update a mobile app screen.

    Read More...
  • Reviewer Name: Zameel B.
    Position: Chief Revenue Officer
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Got convinced

    Date: Jan 05 2025
    Summary

    Got convinced by a friend to try this because he was making a good money from it, despite him not being a pro. Used the same tips and strategies, going well, not as good as him, but good enough.

    Positive

    I like about this is that trading can be collaborative, the market is huge, even if 2 or 100 people are working together, there's enough for all.

    Negative

    The social trading, I tried but so far it seems that trading by itself is better because I don't pay any fees.

    Read More...
  • Reviewer Name: Ba D.
    Position: Compensation Analyst
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Layout
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Exceptional Platform

    Date: Jan 31 2025
    Summary

    XM has all necessary tools for traders, and XM software is a perfect example of it. Decent to use with new daily features that enhance performance!

    Positive

    Easy navigation, convenient tools, a big choice of trading instruments have been a big part of winning me over to this platform.

    Negative

    It may take a little longer than expected to get a response from support.

    Read More...
  • Reviewer Name: Havan G.
    Position: Sustainability Manager
    Has used product for: Free Trial
    Uses the product: Yearly
    Org Size (# of Employees): 26 - 99
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Their mobile app is worth a try

    Date: Apr 03 2025
    Summary

    Being a user of XM for some time at this point, I would recommend it to someone who wants to have that on-the-go trading experience

    Positive

    The MT4 app might be more advanced, but their in-house one is much better equipped for mobile trading.

    Negative

    Minimum deposit for the shares account is probably out of range for most people

    Read More...
  • Reviewer Name: Antimo F.
    Position: Operations Manager
    Has used product for: 1-2 Years
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    User friendly

    Date: Apr 06 2025
    Summary

    Overall, the application is good to use. When i was out of my desk mobile version helped me many times.

    Positive

    I mean the app does its job. User friendly and easy to navigate. Also, I found all the indicators and oil assets for me to trade.

    Negative

    The app may lag sometimes, but simple refresh with the swipe makes wonders and it works again.

    Read More...
  • Reviewer Name: Matheus R.
    Position: Information Systems Manager
    Has used product for: 1-2 Years
    Uses the product: Yearly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set
    Ease Of Use
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Convenient application

    Date: Apr 13 2025
    Summary

    I don’t use the app that often, because i like to trade on my PC. However, sometimes i just have to step away from my computer and go outside for some meetings, and this is where i turn to the app. I have to keep an eye on my trades, else i cant relax at all.

    Positive

    I like how user friendly it is. The interface looks fresh and modern, easy to use and navigate through it.

    Negative

    I can't complain much about it fr. Rarely it can lag, but i think it's because of my poor internet connection.

    Read More...
  • Reviewer Name: Cemeti T.
    Position: Solutions Engineer
    Has used product for: 1-2 Years
    Uses the product: Yearly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    XM trader

    Date: Jan 18 2025
    Summary

    In the beginning, I used the MT4 but recently switched to trading through its custom app, and it’s been an uplifting experience. I recommend its XM trader app

    Positive

    Excellent custom trading app, much better than MetaTrader: more intuitive, responsive and can manage your account from here

    Negative

    TradingCentral is only available through the MetaTrader app :(

    Read More...
  • Reviewer Name: Tanzil P.
    Position: Chief Technology Officer
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Trading stocks

    Date: Feb 07 2025
    Summary

    My overall experience with xm broker has been pretty good. I have no complaints about trading or withdrawals at all

    Positive

    The quantity of stocks is great and I like how many American stocks are available for trading. I’m trading tech giants right now.

    Negative

    I noticed spreads are wider than usual on the US opening session

    Read More...
  • Reviewer Name: Jeronimo C.
    Position: Cybersecurity Analyst
    Has used product for: 6-12 Months
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Normal

    Date: Feb 21 2025
    Summary

    My experience with them wasn't that much, but still I consider this trading service, worth to choose.

    Positive

    I like the simplicity and convenience of this trading platform, it's pretty easy to use any service there.

    Negative

    Maybe inactivity fee, I don't open the trades often🤔

    Read More...
  • Reviewer Name: David E.
    Position: Manager
    Has used product for: 6-12 Months
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Layout
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Generally pleased

    Date: Jun 03 2024
    Summary

    In general, I am pleased with my experience, you know, trading here profitably is possible, as all instruments are within the reach of your hands.

    Positive

    - I truly liked the range of trading platform offered by this broker, I mean, the accessibilty to platform via different devices, trading on the go is usual to me
    - Moreover, I would underline the presence of many assets where such unique things as turbo stocks and thematic indices are presented

    Negative

    I want guys to do something with their pricing model. No issues with the minimum deposit, but long swap values on some US Stocks are high

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hi David, thank you for your detailed feedback! 😊 We’re glad to hear you appreciate the range of platforms and unique assets like turbo stocks and thematic indices. We also appreciate your input on our pricing model and swap values; we’re constantly working to improve our services. It’s great to know you’re having a positive trading experience overall. If you have any more suggestions or need assistance, we’re here to help! Happy trading with XM! 💪🤖
  • Reviewer Name: Dave L.
    Position: Accountant
    Has used product for: 2+ Years
    Uses the product: Yearly
    Org Size (# of Employees): 26 - 99
    Layout
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    About my experience

    Date: May 21 2024
    Summary

    I am quite a regular on this platform for an extensive period already. So far, I should say that this broker is mainly suitable for many traders. As I noted, software works flawlessly even though I mentioned an outdated design.

    Positive

    Reliability, modernity and integrity. Also, Metatrader 5 works perfectly and can be downloaded on whatever device one needs.

    Negative

    Almost nothing to complain about. Perhaps, MT5 design seems outdated, but these are trifles.

    Read More...
    Official XM Response
    Date: May 22 2024
    Hi Dave, we're delighted to hear about your positive experience with XM! 💪🤖 Thank you for highlighting our reliability, modernity, and integrity, as well as the seamless performance of MT5. Your feedback is invaluable to us as we continuously strive to improve. Happy trading with XM! 🚀
  • Reviewer Name: Fernando A.
    Position: Biomechanical Engineer
    Has used product for: Less than 6 months
    Uses the product: Weekly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    What I like and dislike

    Date: Sep 25 2024
    Summary

    Overall experience is of course satisfying. There is nothing that can repel me much about the platform, just a robust one!

    Positive

    I extremely adore that choice of tradable markets, turbo stocks, thematic indices, metals, fx pairs and so on! I trade many of them.
    + I want to add that their XM app is worth its weight in gold.

    Negative

    Spreads for trading cryptos could be tighter, especially during peak hours in the market. Fortunately it's about cryptos only.

    Read More...
    Official XM Response
    Date: Oct 08 2024
    Dear Fernando, thank you for the fantastic review! We’re thrilled you love the variety of markets and the XM app! 📱✨ Your feedback on crypto spreads is appreciated, and we’ll keep working to improve. It’s great to hear you’re having a satisfying experience—happy trading!
  • Reviewer Name: Hieu T.
    Position: Portfolio Manager
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 26 - 99
    Layout
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Their copy trading service

    Date: Jul 31 2024
    Summary

    In particular, I’m satisfied with the copy trading and it was my first time when I was using this service!

    Positive

    I didn’t want to use the copy trading services at first but after all I decided to give it a shot and connected my trading account to the strategies of professional traders and now I’m getting a pretty good profit for doing nothing.

    Negative

    The commissions for using copy trading are good but it would be great if they reduce them.

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hi Hieu, thank you for sharing your experience! 😊 We’re thrilled to hear that giving copy trading a shot has turned out well for you and that you’re seeing good profits. We appreciate your feedback on the commissions and will take it into consideration. If you need any more assistance or have further suggestions, we’re here to help! Happy trading with XM! 💪🤖
  • Reviewer Name: Ildes E.
    Position: Paediatric Endocrinologist
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Top of the chain

    Date: Aug 31 2024
    Summary

    XM is a top-tier forex broker, no complaints really. I’d like to see some custom indicators from a broker like xm but that’s just nitpicking

    Positive

    a. good amount of crypto CFDs. doesn’t cede some dexes
    b. popular copy trading community
    c. legendary execution

    Negative

    i. no custom indicators
    ii. trading tournaments aree not regular

    Read More...
    Official XM Response
    Updated: Oct 08 2024
    Hi Ildes, thanks for the detailed review! 🙌 We're happy to hear you’re enjoying our crypto CFDs, copy trading community, and execution speed! 🚀 We appreciate your feedback on custom indicators and trading tournaments—always looking to improve! Stay tuned for updates, and happy trading!
  • Reviewer Name: Ekbal C.
    Position: Trader
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Good experience

    Date: May 06 2024
    Summary

    In short, it’s a great platform and you should give it a shot. Everything works the way it should, and a lot of times, it exceeds my expectations.

    Positive

    My experience with XM has been nothing short of good, since registration everything has been smooth. I like how easy it is to use the platform.

    Negative

    Not really sure about the custom platform, but I need to give it a while.

    Read More...
    Official XM Response
    Date: May 21 2024
    Hi Ekbal, We're delighted to hear about your positive experience with XM! 😊 Thank you for your kind words and for giving our platform a shot. We're committed to providing a smooth and user-friendly experience for all our traders. Happy trading with XM! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
  • Reviewer Name: Pietro G.
    Position: Quality Assurance Manager
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    From my experience good for forex

    Date: Dec 28 2024
    Summary

    Overall, my XP with XM broker was solid and smooth. I didn't face any issues with support and withdrawals. Speed and reliability of any service execution was on a good level.

    Positive

    Good trading conditions, in terms of affordability. On ultra low accounts, spreads are tight and leverage is more than generous. Also, I acknowledge quite rich choice of assets and platforms that I didn't actually expect to see.

    Negative

    However, how it's possible without any drawbacks. For me, it was the lack of zero spreads accounts.

    Read More...
  • Reviewer Name: Yamac S.
    Position: Cider Maker
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Layout
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Educational lessons

    Date: Sep 30 2024
    Summary

    In general, I’m totally satisfied with the quality of educational materials in the XM company and I can say without a doubt that if you want to develop your trading skills, then watching online webinars here is the great solution. 👍

    Positive

    I have been a customer of the XM broker for over 2 years and since then I have never stopped watching online webinars which they hold every week for its customers. You know you may think that there is nothing new they could teach for over these 2 years but actually I was also surprised that every time I was learning something new and interesting. You can’t believe how much trading knowledge I gained since the moment of cooperation.😁

    Negative

    Honestly, the trading platform sometimes lags during the trading session on the volatile forex market when there are huge trading volumes starting from billions of dollars.💰

    Read More...
    Official XM Response
    Date: Oct 08 2024
    Hi Yamac, thank you for being with us for over 2 years! We're so glad you find value in our webinars and continue learning something new each time. Your feedback on platform performance during high volatility is appreciated, and we’ll keep working to improve that. We're excited to support your trading journey and development—keep growing with us! 🚀
  • Reviewer Name: Luca V.
    Position: Corporate Strategy Consultant
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    What I like and dislike

    Date: Nov 27 2024
    Summary

    I am satisfied with services they provide. Of course I like more things that dislike and since I can earn money here, then it means that the broker does everything well.

    Positive

    I like that they have their own app. It's as functional as MT app. I compared them and decided to choose the former one. Plus, they have generous leverage size.

    Negative

    I didn't like spreads for some currency pairs and cryptos widen much during peak hours. Do something with this!!

    Read More...