XM - Global Broker in Forex, Stocks, Indices, Oil and Gold (2024)

FAQs

Is XM Global real or fake? ›

Signing up with a fraudulent broker can easily result in you losing your money. The monetary loss can set back your investment plans by years. You can rest assured, XM is considered reliable as it is regulated by the top-tier ASIC in Australia.

Safety. XM is a legit brokerage. It is regulated by three financial authorities globally through its parent company, including the top-tier ASIC. It is a well-established brand but is not listed on any exchange and does not disclose financial information.

One of the key advantages of trading XAUUSD with XM is the availability of leveraged trading. XM offers competitive leverage ratios, enabling traders to amplify their potential profits, albeit with increased risk.

XM Forex is considered to be a legitimate and reputable trading platform by many users. It is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA).

XM does not provide services to residents of the United States of America.

Our HQ is in Limassol, Cyprus.

The minimum deposit or withdrawal amount for any account type is $5.

At XM we offer Oil (WTI Oil) as cash and futures CFDs. Our cash index CFDs are undated transactions that aim to replicate the cash price of the underlying index, and so they are adjusted for interest and dividends. Index futures CFDs expire on specific future dates and are cash-settled on the expiry date.

A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. XM offers clients multi-asset trading on the MT5 platform.

What is the minimum amount to trade gold in forex? ›

Gold is traded on 1:1 margin, or 100% of the contract value. The minimum lot size for gold is 1 troy ounce. The symbol for spot gold is XAU/USD. Get access to exclusive market commentary, trade ideas, and technical analysis when you open an account with FOREX.com.

20% on the rest of your deposit up to a total of $5000

By supplementing your deposited funds with the XM bonus credit you can increase your possible returns without using additional leverage, allowing you to make greater profits without assuming greater risk.

The “No Deposit Trading Bonus Scheme” applies to all clients who open real Account with XM in accordance with the rules set herein and granted trading bonuses may be used for trading purposes only and cannot be withdrawn.

XM offers its clients multiple trading benefits to stay at XM, starting with a $30 Trading Bonus. In other words, we give you $30 worth of credit (non-withdrawable) just for opening your first Real Account, allowing you to test our products and services by starting to trade with no initial deposit.

XM will complete the withdrawal procedure within 24 hours after your request. The time required until you receive the funds will be dependent of the ways. It willl be; 1 week to 1 month by the credit card/debit card, 2 to 5 working days by bank transfer after the XM's withdrawal procedure.

XM offers its clients multiple trading benefits to stay at XM, starting with a $30 Trading Bonus. In other words, we give you $30 worth of credit (non-withdrawable) just for opening your first Real Account, allowing you to test our products and services by starting to trade with no initial deposit.

Our Take on XM. Founded in 2009, XM is a forex and CFDs broker headquartered in Cyprus. It is well-regulated and adheres to the most essential safety requirements. XM offers more than 1,300 tradable instruments in forex, commodities, indices, and stocks.

XM Global Limited is authorised and regulated by the Financial Services Commission (FSC) with license number 000261/4.