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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: Damu W.
    Position: Media Buyer
    Has used product for: Free Trial
    Uses the product: Weekly
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    A lot of crypto currencies

    Date: Dec 27 2024
    Summary

    Overall, my trading experience is decent here and I have no complaints. They are doing their job great!

    Positive

    A ton of cryptos like altcoins and memecoins that allows me to use various trading strategies for earning money.

    Negative

    Leverage on altcoins is not high, idk why so conservative leverage, 1:50 is sometimes not enough for me

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

    An overview of the broker

    Date: Oct 23 2024
    Summary

    In fact, my experience has been favorable. There are some drawbacks but they are almost invisible. So I just wish them further development!

    Positive

    I especially liked the variety of tradable markets and conditions on the account that I have chosen. By the way, if it's about accounts, then their diversity is also cool

    Negative

    I didn't really like the fact that the broker doesn't share info about deposits and withdrawals on the site, not very convenient, tbh.

    Read More...
  • Reviewer Name: Adhiarja A.
    Position: Pediatric Neurologist
    Has used product for: 6-12 Months
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Forget the swaps

    Date: Jul 12 2024
    Summary

    All in all it’s a suitable trading place for me mostly because of the Ultra low account opportunities, I mean the swap free feature of course. First of all i haven’t seen this anywhere basically. there are positive swaps, Islamic accounts but no broker gives you complete 0 swap fees.
    and since i trade long-term for the most part it’s a vital thing to have to reduce the end profit.

    Positive

    Ultra Low accounts; many tradable markets to select from; deep and insightful analytics provided on a daily basis.

    Negative

    Maybe i expected some custom indicators from such a renowned broker. also spot cryptos would be great to have, not just cfds

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hi Adhiarja, thank you for your detailed review! 😊 We’re delighted to hear you’re benefiting from our Ultra Low accounts and the swap-free feature. It’s great to know it’s making a significant difference in your long-term trading. We appreciate your feedback on custom indicators and spot cryptos, and we’ll consider this as we continue to enhance our offerings. If you have any more suggestions or need assistance, we’re here to help! Happy trading with XM! 💪🤖
  • Reviewer Name: Bruno B.
    Position: Sale Manager
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Essence of support and resistance

    Date: Apr 26 2024
    Summary

    Trading here with XM has been generally good. I use MT5 for my charting. My style of trading is based on identifying support and resistance lines and trading their penetrations. I prefer those lines with forming with at least 1 month length. Better to use MT5's horizontal lines for that, also trend lines can help.

    Positive

    The fact that I can choose from multiple platforms is big plus here, especially MT5 with its tools. Then, there are lots of trading instruments to choose from. Another benefit is availability of good educational materials.

    Negative

    Though spreads might seem low, the swaps I get on some assets are in the high territory for me. Also, a minus for turbo stocks is that I can not use that high leverage of 1:200 when holding stocks for more than a day.

    Read More...
    Official XM Response
    Date: May 21 2024
    Hello Bruno, Thank you for sharing your detailed feedback! 🙌👌 We're glad to hear that you appreciate the variety of platforms and trading instruments available with XM, as well as our educational materials. Your comments about spreads and leverage are duly noted, and we'll strive to improve where possible. 😃 XM Team 🚀 BIG. FAIR. HUMAN.
  • Reviewer Name: Asmadi S.
    Position: Financial Analyst
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Ease Of Use
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    They are pro at MetaTrader, but not everything else

    Date: Jun 19 2024
    Summary

    Probably the most full-fledged and comprehensive MT4/MT5 package I've seen. Using the platform for almost half a year, can say that no misquotes happened, and stop-losses are working fine for me during god candles, so thats what I'm most thankful for.

    Positive

    They give you both MT4 and MT5, and also MT4/MT5 for Android, iOS and iPad, lots of features.

    I trade with MT4 on the web, its like a separate instrument. Don't need to download anything, get all the functions.

    No features missing even in web-trader, I feel. And I get to save all my charts for when I open it on another device.

    Negative

    No other platforms available, like cTrader etc

    Also cant connect your acc to TradingView, this feature is not available at the moment, at least when I tried

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hey Asmadi, thank you for your detailed review! 😊 We’re glad to hear you’re enjoying the MT4 and MT5 platforms, including their web versions and comprehensive features. It’s great to know you’re satisfied with the stability and performance of your trading experience. We appreciate your feedback on other platforms and TradingView connectivity, and we’ll consider this as we continue to enhance our services. If you have any more questions or need assistance, we’re here to help! Happy trading with XM! 💪🤖
  • Reviewer Name: Wah .
    Position: Biomechanical Engineer
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 500 - 999
    Feature Set
    Ease Of Use
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Extra tools are great

    Date: Jul 05 2024
    Summary

    They have standard MT4 that I'm used to, but they supply a huge amount of additional systems/tools for their traders that allowed me to take my trading to the next level.

    Positive

    - Technical summaries are great to learn and to see which assets are doing what
    - Trade ideas, same. They even show how "strong" the idea is, or how likely it is to succeed

    Negative

    - Not the biggest fan of the UI
    - Adding web-trader other than MT4 might be good.

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hi Wah, thanks for your feedback! 😊 We’re thrilled that you’re finding our technical summaries and trade ideas useful for your trading. We appreciate your thoughts on the UI and the addition of other web-traders; we’ll keep this in mind as we work on enhancements. It’s great to know our tools and systems are helping you elevate your trading experience. If you have any further suggestions or need support, we’re here to assist! Happy trading with XM! 💪🤖
  • Reviewer Name: Beh J.
    Position: Asset Manager
    Has used product for: 6-12 Months
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Good first impression

    Date: Dec 10 2024
    Summary

    Overall, I'm pleased with trading conditions and service from xm. This is a good choice for trading.

    Positive

    I like that they really care about traders, by on-time competent help from the customer support and also with trading competitions and affordable conditions.

    Negative

    There are no 0spreads accounts that good for scalping trading.

    Read More...
  • Reviewer Name: Aiman B.
    Position: Quality Assurance Manager
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 100 - 499
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Pros and cons

    Date: Dec 08 2024
    Summary

    Been here since 2022, even in that time, they did couple massive upgrades. More for the newer traders than me, but still.

    Positive

    Easy payouts, good underlying systems (exec speed & no random requotes).
    Quality customer care, especially on email I like how they reply.

    Negative

    Mostly people complain about the spreads, but that depends on the assets you trade, I go for currencies and metals more so, those work out fine.
    Competitions have become more strict I think.

    Read More...
  • Reviewer Name: Noel F.
    Position: Compensation and Benefits Manager
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    XM review

    Date: Nov 26 2024
    Summary

    There are many things I like about XM. It may have flaws, but they are not crucial. So I am here then.

    Positive

    I am a day trader here and I like the broker so far. Execution is very fast, this is what I need, imho.

    Negative

    Spreads get wider than I expect, but this is ok for volatile markets.

    Read More...
  • Reviewer Name: Alejandro T.
    Position: Chief Executive Officer
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 500 - 999
    Ease Of Use
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Objective

    Date: Nov 25 2024
    Summary

    Overall experience has been favorable. It's a well-known trading platform with advanced tools and I love it.

    Positive

    Broker has tons of advantages. For instance, I like variety of platforms, their XM app is functional.

    Negative

    There are no concrete disadvantages, to be honest.

    Read More...
  • Reviewer Name: See H.
    Position: Finance Manager
    Has used product for: 2+ Years
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    All is good

    Date: Jun 09 2024
    Summary

    I have been trading with XM for more than two years and this itself shows my opinion about this platform. It serves me well, and I am willing to recommend them to anyone who wants my opinion.

    Positive

    Low trading costs.
    Truly wide range of tradable instruments.
    Excellent customer support.
    Helpful market insights.
    Stable trading terminal.

    Negative

    I don’t have anything to point out as a drawback or suggest them to improve it.

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hi See H, thank you for your fantastic review! 😊 We’re thrilled to hear that you’re enjoying low trading costs, a wide range of instruments, excellent customer support, and helpful market insights. Your long-term satisfaction is our greatest reward, and we appreciate your willingness to recommend us. If you ever need anything, we’re here to support you! Happy trading with XM! 💪🤖
  • Reviewer Name: Krit Y.
    Position: Asset Manager
    Has used product for: 6-12 Months
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    review it

    Date: Dec 10 2024
    Summary

    Actually, I am not that sensitive to order execution and I know that mobile app is less responsive than desktop platform. It's just a note, other terms are ok

    Positive

    Variety of platforms, many assets classes, big leverage and top-notch client support are the most attractive things.

    Negative

    Sometimes order execution isn't as accurate as I wish when I trade on the MT5 mobile app

    Read More...
  • Reviewer Name: Videl H.
    Position: Manager
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Ease Of Use
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    I'm used to this platform and all the tools

    Date: May 16 2024
    Summary

    As a rule, on Mondays I open desktop version of platform and after that I control all orders using mobile app.
    It's convenient and it brings me profit.

    Positive

    Convenient trading platform and its mobile application.
    Favorable trading conditions for my trading style.
    And I also need to say about reliability of this company.

    Negative

    A long time ago, at the very beginning, it seemed difficult to trade on this broker's platform. But just a few weeks later, I felt confident.

    Read More...
    Official XM Response
    Date: May 21 2024
    Hi Videl, We're thrilled to hear that you find our trading platform and mobile application convenient and profitable! 😃 Thank you for sharing your positive experience with us. We're committed to providing reliable services to support your trading journey. Happy trading with XM! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
  • Reviewer Name: Salik E.
    Position: Web designer
    Has used product for: Less than 6 months
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Pros and shortcomings

    Date: Jun 21 2024
    Summary

    Generally, my impressions are positive. The company is a renowned player in the game and I don't think there is anything bad about it, period.

    Positive

    Division of accounts with various charatceristics is a highlight. One can find anything up to his taste and it's captivating.
    Additionally, the possibility to get into copy trading is another positive aspect.

    Negative

    There isn't much to complain about, but I would say that fee for conneccting VPS is rather high.

    Read More...
    Official XM Response
    Date: Aug 13 2024
    Hi Salik, thank you for your positive review! 😊 We’re glad to hear you appreciate the variety of account options and the copy trading feature. Your feedback on the VPS connection fee is noted, and we’ll take it into consideration. Overall, we’re thrilled that you’re satisfied with your experience and recognize our reputation in the industry. If you need any further assistance or have more suggestions, we’re here to help! Happy trading with XM! 💪🤖
  • Reviewer Name: Cristian M.
    Position: Employee Wellness Coordinator
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Copy trading service

    Date: Nov 22 2024
    Summary

    All in all, I’m delighted with my cooperation with the XM broker and probably I’m going to provide my strategies also.

    Positive

    I find it strange when nobody talks about the copy trading service. I have been using it for over 2 years and so far so good, it brings additional income to my pocket.

    Negative

    The fees for using the copy trading could have been lower in my opinion.

    Read More...
  • Reviewer Name: Christian F.
    Position: Chemical Engineer
    Has used product for: Free Trial
    Uses the product: Monthly
    Org Size (# of Employees): 1,000 - 4,999
    Layout
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    My opinion about XM

    Date: Nov 19 2024
    Summary

    My overall experience is positive and I appreciate my trading with XM broker. I will stay here for for now

    Positive

    They have a lot of different assets for trading and it allows me to hone my trading skills faster and more efficiently.

    Negative

    I have not had any problems here so far. so nothing to say

    Read More...
  • Reviewer Name: Jerome Z.
    Position: SCADA Technician (Supervisory Control and Data Acquisition)
    Has used product for: Free Trial
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Cost
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Intermediate level

    Date: Sep 04 2024
    Summary

    So far so good with XM. I think it’s a good place until I become professional in this.
    Until then XM ticks a lot of boxes

    Positive

    - multiple assert classes including different types of shares.
    - adjustable, high leverage
    - possibility to trade some instruments without swaps

    Negative

    - rather hassle verification
    - basic education for beginners

    Read More...
    Official XM Response
    Date: Oct 08 2024
    Hi Jerome, thank you for the feedback! 🙌 We're glad to hear XM is ticking the right boxes for you with our asset classes, high leverage, and swap-free options! We appreciate your thoughts on verification and education, and we’ll keep working to improve. Wishing you continued success on your journey to becoming a pro!
  • Reviewer Name: Adeeb B.
    Position: Artificial Intelligence Developer
    Has used product for: 6-12 Months
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    EA trading

    Date: Aug 31 2024
    Summary

    I have been experimenting with algo trading and it’s been an exciting experience. XM is an excellent platform for it.

    Positive

    - Trading with EAs is allowed
    - The MetaTrader’s apps are included, which are the best for algo trading

    Negative

    A cent account for this purpose would be beneficial

    Read More...
    Official XM Response
    Date: Oct 08 2024
    Hi Adeeb, thanks for the great feedback! 😊 We're glad to hear you're enjoying algorithmic trading with XM and the MetaTrader apps! 🚀 We appreciate the suggestion about a cent account—always looking for ways to enhance the experience. Happy trading and best of luck with your algos! 🤖
  • Reviewer Name: Preecha K.
    Position: Compensation Analyst
    Has used product for: Less than 6 months
    Uses the product: Daily
    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

    Ease of use

    Date: Oct 23 2024
    Summary

    Overall XM is a great platform that creates a marvelous trading environment and fair pricing. I trade using it every day.

    Positive

    XM has a great platform for users as trading and searching for assets and markets is done via a very intuitive interface no matter if the trader is a beginner or not.

    Negative

    A little complex when it comes to features and may take time to get familiar with, but once that is done, it is easy.

    Read More...
  • Reviewer Name: Tiaan K.
    Position: SEO Specialist
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Ease Of Use
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    All is good

    Date: Oct 15 2024
    Summary

    have been trading with XM for more than a year and have never experienced any problems with withdrawals

    Positive

    Solid trading conditions, wide market range, and hassle-free withdrawals. All I need is provided :)

    Negative

    They could expand the payment methods, maybe allowing crypto too

    Read More...