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XM

xm.com
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Overview

XM has a rating of 4.3 stars from 64 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with XM most frequently mention long time and wire transfer. XM ranks 20th among Currency Trading sites.

service
1
value
1
quality
7
How would you rate XM?
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Colombia
1 review
0 helpful votes
Follow Peggy C.
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Wide range of services
January 17, 2025

Xm has basically everythin that usual trader might need. For example,many withdrawal methods.
The accounts are affordable, though I am very careful with leverage,I had my mistakes, when I used too much of it. Other things like platforms and learning materials seemed just decent to make trading mroe comfortable

Date of experience: November 30, 2024
XM T. XM Rep
4 months ago

Dear Peggy,

We’re so glad XM meets your trading needs!😉🙌🏻 Managing leverage carefully is a smart approach—learning from past trades makes you a stronger trader. Wishing you continued success!

XM Team 🚀
BIG. FAIR. HUMAN.

Uzbekistan
1 review
0 helpful votes
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Low cost
January 17, 2025

The Ultra-low account is really good if you are looking to cut your trading costs. I like that there are no swap fees, which are pretty standard commissions with any broker out there

Date of experience: December 12, 2024
XM T. XM Rep
4 months ago

Dear Valerij,

Thanks for your great feedback! 😊 We're thrilled you’re enjoying the Ultra-Low account. Cutting trading costs and eliminating swap fees is our way of giving you more value. For any questions or concerns, please reach out to us at support@xm.com. We are always here to assist you. 😊

XM Team 🚀
BIG. FAIR. HUMAN.

Egypt
1 review
0 helpful votes
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Check spreads on the instuments
January 17, 2025

I like such transparency where I can easily check the spreads before opening an account
The demo spreads is accurate, tho.

Date of experience: December 25, 2024
XM T. XM Rep
4 months ago

Dear Omar,

Thank you for your review! 😊 Transparency is key for us, and we’re glad you appreciate being able to check spreads upfront. It’s great to hear the demo spreads meet your expectations, too. Happy trading with us! 👌

XM Team 🚀
BIG. FAIR. HUMAN.

Sri Lanka
1 review
0 helpful votes
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I'm convinced that
November 1, 2024

I'm convinced that the company is one of the most trustworthy brokers because the number of licenses which they have got from authoritative regulators is really huge. It says that XM broker is able to meet the international requirements of these regulators and there is no need to worry about the safety of the company. As a novice trader I really pay attention to this because I'm really careful when it comes to choosing the right broker.

Date of experience: October 22, 2024
XM T. XM Rep
6 months ago

Hello Nalin,

Thank you for the trust and confidence you have in us! We take regulation and security very seriously, and we’re committed to providing a safe and reliable trading environment for all our traders. Knowing it brings you peace of mind is fantastic to hear.

XM Team 🚀
BIG. FAIR. HUMAN.

Philippines
1 review
1 helpful vote
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Recommended by me
October 31, 2024

XM is my favorite place for trading, imho...
First of all, the company has been in the business for a long time, like for 15 years and it showcases its reliability, without any doubt.
Secondly, I like the variety of accounts, platforms, sleek interface and trouble-free navigation either around the website or in the members area. It's very important for me to have a simple infrastructure not to get lost.
Thirdly, the broker has a nice array of tradable markets where are some exclusive ones like turbo stocks or thematic & equity indices.
I can recommend this place.

Date of experience: October 21, 2024
XM T. XM Rep
6 months ago

Hi Lakandula,

Thank you for the fantastic feedback! 🎉 We’re thrilled to hear XM ticks all the right boxes for you—from our long-standing reliability to account options, sleek navigation, and unique trading markets like turbo stocks and thematic indices. We’ll keep delivering the best experience for traders like you! 😊

XM Team 🚀
BIG. FAIR. HUMAN.

Turkey
1 review
0 helpful votes
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Generous of them
October 23, 2024

I was convinced several times - prompt support is the face of the broker. I contacted Xm via email and anyway got a timely answer to my question about swap-free options available at ultra-low account.
I mean, I needed more details than just those given on the website, cause it directly influences my trading style. They provided me with a required info and it's generous of them

Date of experience: October 13, 2024
XM T. XM Rep
6 months ago

Hi Harun,

Thank you for your kind words! 😊 We're delighted to hear that our Customer Experience team provided you with the timely assistance you needed regarding our swap-free options. We believe that great support is essential to your trading success! If you have any more questions or need further assistance, we're always here to help. 💪🤖

XM Team 🚀
BIG. FAIR. HUMAN.

Iraq
1 review
0 helpful votes
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Wire transfers
October 22, 2024

I read many reviews from other traders saying how reliable this platform is regarding the payments, but most of them don't mention what payment method they use.
For bank cards, almost every platform is doing fine. Instant transfers are pretty easy to be conducted using bank cards
The story is different if you need to use wire transfer. Unfortunately very few traders reach the phase of profitability to have wire transfers as the only option for withdrawals.
Here is me to report that for wire transfer it takes around three days for the funds to reach your acc. Pretty standard.

Date of experience: October 12, 2024
XM T. XM Rep
6 months ago

Hi Zayd,

It's great to hear that you've found XM reliable for payments, especially with bank cards! Instant transfers do make it much easier to start trading without delays. Wire transfers can indeed take longer, but three days is pretty standard in the industry. It’s always good to know what to expect when withdrawing funds. Your insights on different payment methods will be helpful for others considering their options! 💪🤖

XM Team 🚀
BIG. FAIR. HUMAN.

AE
1 review
0 helpful votes
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Roller-coasters
October 26, 2024

I had known that xm was always respected for being a unique company that suited everyone. I understood that this platfomr was more for... professional traders, still after registering here and noticing how much resources developers invest into educational content, I realized that these guys also bet on rookies like myself.
I have chosen ultra low standard account, deposit just $50 and started to try trading using some of he guides I found and those tups from their educational section. So far things are going well, sometimes losses, sometimes profits, typical roller-coasters

Date of experience: October 16, 2024
XM T. XM Rep
6 months ago

Hello Zayed,

Thanks so much for sharing your experience! 😊 We're thrilled to hear that XM’s resources are giving you the support you need to grow your skills. The Ultra Low account is a great choice for exploring the markets, and we're glad you’re finding our guides helpful for the ups and downs of trading! Happy trading, and remember, we’re here if you need anything.

XM Team 🚀
BIG. FAIR. HUMAN.

Colombia
1 review
0 helpful votes
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Good broker
October 21, 2024

Im glad to be the part of this broker, cause it's a well-known company in the trading industry!
I have chosen standard account where minimum deposit was just 5 bucks and spreads are within average values. Actually i now trade in my favor, making fewer mistakes day by day. I also take advantage of their live webinars where some interesting things are discussed.
Good broker.

Date of experience: October 8, 2024
XM T. XM Rep
6 months ago

Hi Enrique,

Thank you for being part of the XM community! 🤗 🤩 We’re thrilled to hear that the Standard account is working well for you and that you’re learning and growing as a trader. 😊 Keep up the great progress—happy trading, and we’re here to support you every step of the way!

XM Team 🚀
BIG. FAIR. HUMAN.

Iraq
1 review
0 helpful votes
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Thank god they provide crypto currencies
October 22, 2024

I don't understand why there are some people complaining about that XM broker doesn't provide crypto currencies for making deposits and withdrawals.
I'm entering the trading platform and I see that I can make deposits through Bitcoin and USDT. I guess it depends where you are from, guys, if you are from the European region then with a high probability of chance you will not have access to crypto currencies.
Personally, I opened an account in the global jurisdiction and I can make transactions through crypto currencies. They should add more cryptos! 😁

Date of experience: October 12, 2024
XM T. XM Rep
6 months ago

Hello Ashraf,

Thanks for the positive review! It's true that access to certain cryptocurrencies can vary by region, and your point about needing more options is valid. Your feedback could help highlight this demand! Happy trading with us!

XM Team 🚀
BIG. FAIR. HUMAN.

Turkey
1 review
0 helpful votes
Follow MERVE Y.
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Regarding my xmglobal transaction account number *******, a bonus was added to my account after I made a deposit. After this process, I followed my positions by trading. I actively carried my transactions until the next day and tried to move my Gold positions towards my TP target. After completing my target, I submitted a withdrawal request. In the e-mail sent by Based on the work I did on the chart, my withdrawal transaction was rejected due to reasons unrelated to me, such as an IP conflict, my profit share was deleted, and an e-mail was sent to me stating that only the principal amount would be refunded. I do not accept the accusations made against me, it does not allow you to withdraw money. Until the withdrawal request, no warning or e-mail was sent to me. Even though I informed the company via e-mail that I had no information about the account mentioned under the name of IP conflict, I did not receive any positive response. Xm Global does not pay my withdrawal request of $3451 along with my principal. İ sent dozens of mails to them to pay but no response,all documents are attachted

Date of experience: February 19, 2024
XM T. XM Rep
over a year old

Dear MERVE,

We apologize for the inconvenience you have experienced. At XM, we take withdrawal requests seriously and aim to ensure a smooth process for our clients. We understand your concerns and would like to investigate this matter further. Please provide us with your account details via our secure communication channels so we can address this issue promptly. Your satisfaction is important to us, and we are committed to resolving any issues you may encounter.

XM Team 🚀
BIG. FAIR. HUMAN.
--------------------
Dear MERVE Y,

Upon thorough investigation of your case, we found that both of your accounts (numbers ********* and *********) were marked with Bonus Abuse status on 05/01/24, as outlined in our Terms and Conditions. This status indicates that there were concerns regarding the usage of deposit bonuses for 'cash-back arbitrage' activities, which is a violation of our bonus terms.

As a result, our Anti-fraud Department took the necessary action to close all of your trading accounts held with our company and nullify all trades carried out in those accounts. This decision was communicated to you via email, and you were advised to submit a withdrawal request for your remaining balance.

The investigation also revealed that your account was connected with a previously blocked account, which aligns with our policy to prevent bonus abuse and maintain the integrity of our trading environment.

The email communication you received clearly outlined the consequences of any attempt to open a new account and emphasized that profits may be adjusted accordingly. This action was taken to ensure compliance with our Terms and Conditions and to uphold the fairness and security of our platform.

We understand that this may be disappointing news for you, but please know that our decisions are made with careful consideration and in accordance with our policies.

If you have any further questions or concerns, please do not hesitate to reach out to our customer support team. We are here to assist you and provide any clarification you may need.

XM Team 🚀
BIG. FAIR. HUMAN.

Pakistan
1 review
0 helpful votes
Follow Hussain J.
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Many traders underestimate the education
October 23, 2024

Many traders underestimate the education in the trading area and this is their main misconception because without that knowledge you will not be able to trade profitable for a long period of time.
That's why I prefer to pay attention to education when I have free time 1 or 2 hours a day. XM offers a lot of high quality educational videos and thanks to this I found out a lot about economic indicators. By the way, their podcasts are the best ones among other brokers because they always update and add new information about financial markets and trading🥸

Date of experience: October 13, 2024
XM T. XM Rep
6 months ago

Hello Hussain,

Thank you for your fantastic review! 🙌 We're so glad to hear that you're taking advantage of our educational resources. Knowledge is indeed key to long-term success in trading! ✨ We're committed to providing high-quality content, and it's great to know our videos and podcasts are helping you stay informed. Keep up the great work, and happy trading! 💪🤖

XM Team 🚀
BIG. FAIR. HUMAN.

South Africa
1 review
2 helpful votes
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Pro Account Features
October 21, 2024

The Pro account minimum deposit of $500, comes with really tight spreads from 0.0 pips.The commissions are lower compared to other account types. If you are an active trader this is the most ideal account type for you. With this account, you get to use advanced trading tools and get real-time data updates on forex news and price shifts. This has allowed me to execute high-frequency trades with controlled risks.

Date of experience: October 10, 2024
XM T. XM Rep
6 months ago

Hello Thulani,

Thank you for sharing your experience with the Pro account! 🙌 It’s great to know that the advanced tools and real-time data are supporting your high-frequency trading with controlled risks. We're here to help you succeed every step of the way.

XM Team 🚀
BIG. FAIR. HUMAN.

Egypt
1 review
0 helpful votes
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Win rate of mine
October 21, 2024

I am trading with the xm for like several months in a row and I have already notice how effective my trading become.
Back in the day, I had an approximate % of win rate around 30%, today this number has grown up to 51%.
Everything is because I properly diversify my trading by working on various markets from forex pairs to indices, commodities and cryptos.
I never risk more than 5% of my deposit, I have chosen a rather humble leverage because my depo is kinda big, so everything is favorable out here for me.
I will continue thinking on increasing win rate % :))

Date of experience: October 11, 2024
XM T. XM Rep
6 months ago

Hello Anwar,

It's fantastic to see such improvement in your trading effectiveness! Boosting your win rate from 30% to 51% is a significant achievement, especially through proper diversification across different markets. Your strategy of limiting risk to 5% of your deposit and using conservative leverage is also a smart move. It sounds like you’re on the right path to further increasing your win rate. Keep up the great work, and best of luck with your trading journey! 💪🤖

XM Team 🚀
BIG. FAIR. HUMAN.

Singapore
1 review
0 helpful votes
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I am trading here
October 21, 2024

I think I have found my broker of choice for the long term. I am satisfied with every aspect of the services XML provides. First, of course the trading conditions. I chose XM because of the low trading costs, mainly… also because their educational resources and market insights provided had something to do with it.
But what impressed me was the customer support. Knowing that your broker is always here to address any issue that might come up is reassuring. And issues are always coming up… so having a broker that will be your partner is an advantage.

Date of experience: October 10, 2024
XM T. XM Rep
6 months ago

Hi Wei,

Thank you for such a thoughtful review! We're thrilled to hear that XM has become your long-term broker of choice! 😊 It’s great that our low trading costs, educational resources, and customer support have made a positive impact on your experience. We’re always here for you. Your success is our priority!

XM Team 🚀
BIG. FAIR. HUMAN.

Malaysia
1 review
0 helpful votes
Follow Zulkifli A.
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They got even better
October 21, 2024

This is my second term with XM. A few years ago I was trading on this platform, but decided to go with another broker for other reasons. Now I came back, because I changed my trading strategy and instead of scalping the markets, I am more of a swing trader. The trading terms for this strategy are perfect, particularly the absence of swap fees 👍
Anyway, I just wanted to say that this platform got even better than I used to know and it is always a pleasure to work with XM.
It comes as no surprise its excellent reputation among traders 👏

Date of experience: October 10, 2024
XM T. XM Rep
6 months ago

Hello Zulkifli,

Welcome back to XM! 😊 We’re thrilled to hear that the platform is even better for you this time around and that our trading terms are a perfect fit for your new swing trading strategy, especially with no swap fees! 🙌 It’s great to know you’re enjoying the improvements, and we appreciate your kind words about our reputation. Happy trading, and we’re excited to continue supporting your success!

XM Team 🚀
BIG. FAIR. HUMAN.

Thailand
1 review
0 helpful votes
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Market overview
October 21, 2024

When I was signing up for XM broker I didn't think that I would read a lot of news everyday here because I got used to reading everything on telegram groups. Actually, it is much better and the speed of publishing important news is really fast which is very important for me because I need to be able to react to market fluctuations quickly.
There are also market sentiment, trade ideas and other things which can be useful for successful trading for every trader. Sometimes when I don't have time to analyze other financial assets, I always take some trade ideas from XM broker.😃

Date of experience: October 10, 2024
XM T. XM Rep
6 months ago

Hello Mek,

Thank you for your detailed feedback! 🙌 We’re thrilled to hear that our fast and comprehensive news updates, along with market sentiment and trade ideas, are helping you stay ahead of the game. It’s great to know that even when you’re pressed for time, XM can provide valuable insights to guide your trades. We're here to support your trading success.

XM Team 🚀
BIG. FAIR. HUMAN.

Thailand
1 review
0 helpful votes
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Choice of the year
October 23, 2024

Standard, Shares or Ultra Low? This was the question for me. Primary, I was hesitating try to choose either former or the latter one, cuz Shares accounts is a specific one, narrow-focused, so to speak.

Still, opted for the Standard, because conditions are pretty much the same, spreads are within the same pips range, typically and stuff like that.
I would even advise to choose this acc for newbies, cause it seems to be the optimal. However if you are fond of swing or positional trading and like major fx pairs, then choose Ultra low with its zero swaps.

Date of experience: October 13, 2024
XM T. XM Rep
6 months ago

Hi Kritsana,

🎉 Thank you so much for your positive review! We're thrilled to hear that you found our Standard account to be a great fit for your trading needs! Your advice for newbies is spot on—it's all about finding the right balance. If you ever decide to explore the Ultra Low account, we’ll be here to support your trading journey. Happy trading with XM!

XM Team 🚀
BIG. FAIR. HUMAN.

India
1 review
0 helpful votes
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Depositing and withdrawal of money
October 25, 2024

I trade on XM platform for a long time. And that's why I have experience depositing (I did it several times at the very beginning) and now I have experience withdrawing money from my account.

I can describe my experience in a few words: money is quickly credited to the account and quickly withdrawn from it; XM has no hidden fees; I haven't experienced any difficulties

Date of experience: October 15, 2024
XM T. XM Rep
6 months ago

Dear Ishan,

We’re thrilled to hear you've had such a smooth experience with both deposits and withdrawals on our platform! 😊 Thanks for sticking with us, and happy trading! 🚀

XM Team 🚀
BIG. FAIR. HUMAN.

AE
1 review
1 helpful vote
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Reputation of the company
October 21, 2024

Reputation of the company is transparent and I have no doubts because the XM broker was launched in 2009 and can you imagine what they have been through for all these years. I mean, there were a lot of global financial crises but they are still able to provide the services to customers nowadays. I can be confident in the safety of my funds for another 15 years. Lmfao

Date of experience: October 10, 2024
XM T. XM Rep
6 months ago

Hi Sadi,

Thank you for the fantastic feedback! 😄 We’re proud of the trust our long-standing reputation has built since 2009. It’s great to hear that you feel confident in the safety of your funds, even through all the ups and downs of the markets. Here’s to many more years of successful trading with XM!

XM Team 🚀
BIG. FAIR. HUMAN.