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XM Reviews

4.8 Rating 319 Reviews
100 %
of reviewers recommend XM
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Email:

support@xm.com

Location:

12, Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor,
Cyprus
Limassol District (Leymasun)
3042

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Anonymous
Anonymous  // 01/01/2019
I am all ears every time someone mentions Xm somewhere at tailored forums or just write a review. I like reading them, because this is my primary broker and it's always a pleasure for me to know that traders are delighted with the services quality. I am trading regularly here, every day I open 5-10 positions and close them, never leaving overnight. Swaps can be burdening for my balance, and, btw, this was the matter of my talk with client support who guided me through swap policy out here. All those rollovers and other stuff. I came to conclusion that day trading is more suitable :)
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Posted 4 months ago
Hey Maximiano, Thank you so much for your kind words! We're thrilled to hear that you’re enjoying your trading experience with XM. It's great to know that our Customer Experience team was able to assist you with your questions about swaps. Keep up the fantastic day trading activity! 🚀 Happy trading with XM! 🎉 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
I like the competitions that take place on the XM platform. The September mega competition has a prize of an astonishing $100,000. It's worth giving it a try, and who knows, maybe you will get lucky and win this amazing prize.Also, there are shorter and smaller competitions with decent rewards. Almost every week, a competition takes place.
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Posted 4 months ago
Hey Emmanuel, 🎉 Thank you for sharing your excitement about our competitions! We're thrilled to hear you’re enjoying the chance to win amazing prizes like the $100,000 in our September mega competition! 💰 With competitions happening almost every start of the month, there are plenty of opportunities to join in the fun. Good luck, and may luck be on your side! 🥳😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
A stand-out feature of XM and the accounts available on this platform is the cost-efficiency they provide. Trading with XM is available if you want to keep your trading costs low. It’s not only about the fact that no swap fees are included, but also the spread is pretty good. Plus, the execution is great. I rarely see any slippages when I execute my trades. Slippages are hidden costs that many brokers use to cover up tight spreads, and like every trader out there, I hate them. This is why I like trading with XM 👍
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Posted 4 months ago
Hi Nathan, XM really emphasizes cost-efficiency, which is crucial for traders looking to maximize their profits. No swap fees, tight spreads, and minimal slippage create a more favorable trading environment. It’s great to hear you’re having a positive experience with the platform! If you have any other insights or questions about trading, feel free to share! 👍😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
Trading is a bit of a risky business, this makes finding a credible platform of paramount importance. The credibility of a platform is based on some contributing factors. the positive reviews on this broker is a testament to its credibility. It is also well regulated by CySEC and ASIC. This provides safety for traders and ensures transparency and compliance with International financial standards. Some people do not see this as importnt but longevity is also a test of credibility and this platform has been operating for over 15 years.
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Posted 4 months ago
Hey Farid, Absolutely! Longevity, positive reviews, and strong regulatory oversight are crucial for establishing trust in a trading platform. We're proud of our 15+ years in the industry and our commitment to transparency and compliance.💪🤖 It’s essential for traders to feel secure as they navigate the markets, and we strive to provide that confidence every day. If you have any further questions or need assistance, feel free to ask! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
The platform is great for trading everyday… There is no day I log into my account and I am not able to place a trade. This makes the broker very reliable and credible. Also I have not had any money issues. I know how this is the most rampant case in the industry with either delays or charges and fees on deposits or withdrawals, and there are no hidden commissions on the Standard and Micro accounts.
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Posted 4 months ago
Hello Felipe, Thank you for your wonderful review! We’re thrilled to hear that you find our platform reliable for your everyday trading and that you’ve had a smooth experience with deposits and withdrawals. Transparency is key for us, and we’re glad it shows in our accounts with no hidden fees. Happy trading! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
This platform is rich in features that are suitable for all trading experience levels. it uses both the MT4 and MT5 platforms that are available on mobile apps and web browser. It offers fast order execution which enhances overall trading experience.
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Posted 4 months ago
Hi Mueed Al-Azdi, Thank you for your positive feedback! We’re delighted to hear that you’re enjoying the rich features and fast order execution on our platform. It’s great to know that MT4 and MT5 across mobile and web are working well for you. If you ever need assistance, we’re here to help! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
This platform is a well established online trading platform with access to a broad range of financial markets. It offers the MT4, MT5 and web browser platforms which caters to traders with varied experience and access from multiple devices. The needs of traders a re also met with the different account types; Micro, standard,XM Ultra-low and shares accounts. They also have the Islamic accounts which operate according to the muslim faith with no swap or roll over interests on overnight positions.
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Posted 4 months ago
Hey Marzio, Thank you for your detailed review! We’re thrilled that you appreciate the variety of platforms and account types we offer, as well as the flexibility for traders of all experience levels. It’s great to know our Islamic accounts are meeting your needs too. If you need any further assistance, we’re always here to help! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
An online company denied my withdrawal requests for months and closed my account when I refused to pay more without my consent. I called them but they refused to pick up my calls and they refused to also respond to my mails. I have tried every means to reach out to them but no way. Thanks to a recovery company mbiserviceslimited.org that helped me recoup all my money back from them. I am just glad I have all my money back.
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Posted 4 months ago
Hey Joshua, Thank you for sharing your experience, and we’re sorry to hear about the difficulties you faced with another company. We’re glad you were able to recover your funds. At XM, we prioritize transparency and client trust, and we’re always here to ensure smooth transactions and support. If you ever need assistance, don’t hesitate to reach out to us. 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
Guys, as a trader who has been trading for a long time and I was thinking I don’t need to learn anything about financial markets, I was totally wrong because the education section in XM company is really something new and interesting for me. There are a lot of materials available for everyone. Most of all I liked their trade ideas where I understood that I’m not good at analyzing many assets. 😅
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Posted 4 months ago
Hi Orlando, Thank you for your awesome feedback! We’re thrilled that our education section has been valuable, even for an experienced trader like yourself. 📚 It’s great to hear that our trade ideas are helping you discover new insights. If you ever need more resources or support, we’re here to help! 💯😉 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
This broker have different trading assets or financial instruments that can be traded individually or together. These asset are; - Forex - Stocks - Commodities - Crypto - Indices - Energies and more It’s a good sign for a broker to be diversified, it makes it easier to manage your accounts and portfolio without a hassle. It also helps with efficiency and time management as all your eggs are in one broker. I trade precious metals and also currency pairs and I have been consistently doing this for a while which has helped with my profit.
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Posted 4 months ago
Hello Mukhlis, Thank you for your detailed review! We’re glad to hear that our diverse range of trading assets helps you manage your portfolio efficiently. 📈 It’s great to know that trading precious metals and currency pairs is working well for you. If you need any further assistance or have questions, we’re always here to support you! 💪🤖 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
I was satisfied with trading here. Their initial deposit starts from 5 USD, which for me, as a newer trader, was very important. They have a training course, e-books, a demo account for MetaTrader 4 and MetaTrader 5, there are guides on trading terminals. They have a favorable commission policy, for my pairs the spread starts from 0.8 pips. The video blog with analytics was useful too.
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Posted 4 months ago
Hi Franco, Thank you for your detailed and positive review! We're thrilled to hear that our low initial deposit, educational resources, and favorable commission policy have been beneficial for you. 📚💡 It’s great to know that our video blog and trading tools are adding value to your trading experience. Happy trading! 🚀 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
Ultra low account seems the most reasonable for positional trading. I have no idea how Xm did that but no swap fees is a very unique thing to have on the forex market. I tried to find such a broker for a long time because at one point I realized that I spend a lot of profit on overnight fees. I usually hold positions for several days and some forex pairs have too high overnight commissions. Not all XM instruments are swap free though, just something to keep in mind.
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Posted 4 months ago
Hi Faisal, Thank you for sharing your experience! We’re excited to hear that our Ultra Low account is fitting your positional trading needs so well. Our swap-free options are designed to help traders like you maximize your profits. Thanks for noting the detail about the swap-free instruments—your feedback is invaluable! 🚀 If you have any more questions or need further assistance, we’re here to help! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
I was thinking about joining the trading industry for a long time and when many of my friends started trading and got some profit by trading on the forex, stock market and so on, I decided to give it a shot also. So I was searching for a reliable and trustworthy company to start my trading journey. I was reading a lot of different reviews and somehow stumbled upon XM reviews and many traders were speaking highly about this company. After checking out all the information about XM I understood this is an ideal broker for me! I admit, the quantity of awards definitely attracted my attention!😁
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Posted 4 months ago
Hello Paul, Thank you for your wonderful review! 🎉 We’re thrilled that you chose XM to start your trading journey and that our reputation and awards made an impression on you. It’s fantastic to hear you’re feeling confident with us. If you have any questions or need support along the way, we’re here to help. Happy trading! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
I like XM for its low spreads. And with Traders Union I also get rebates, which makes every trade more profitable. The broker also has a good app for trading on the go, which is important to me. The support works promptly, and you don't have to wait several days for a response.
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Posted 4 months ago
Hey Artem, Thanks for the positive feedback! We're delighted to hear that you’re benefiting from our low spreads and the added value from Traders Union rebates. It’s great to know our app and prompt support are making your trading experience even better. If you need anything else, just let us know! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
Before I joined XM I always had this notion that forex traders were gamblers but thankfully I started doing research and this mindset changed due to the broker’s educational resources. I use the MT4 and I have even learned multiple trading strategies on on the platform.
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Posted 4 months ago
Hello Manop, We’re thrilled to hear that our educational resources have helped shift your perspective on forex trading! 📚✨ It’s fantastic that you’re finding value in MT4 and learning new strategies. If you ever need more resources or support, we’re here to assist you. Happy trading with us! 😊 XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
Tried short-term strategies, news trading, scalping, really doesn't work. It either isn't for me, or it doesn't work because of the broker. The M1 timeframe feels way too large, and I don't know how to get to 1s or if there even is an instrument to do that. Started leaning more into Elliott's wave theory, that one makes much more sense from a psychological POV, and seems to be working much better for me. Kinda like that I can fund a specific trading acc, each one has different funding number assigned to it. Could freely transfer the scalping $$ from that acc to my mid-term strategy one.
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Posted 4 months ago
Hi Sandi, Thank you for sharing your experience! 😃 We’re glad to hear you’ve found success with Elliott Wave Theory and appreciate our flexible account funding options. It’s great that you’re able to adapt your strategies and manage your funds effectively. If you have any more questions or need further assistance, feel free to reach out! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
I also take int account fundamental data in my trading, even though my trading strategy is based on technical analysis. Also, I believe that fundamental data may depend on technical analysis... Yes, on the contrary. If large financial players see accumulation of liquidity through technical analysis, then of course they will act in accordance with such an analysis. IMHO
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Posted 4 months ago
Hi Loris, Thank you for sharing your thoughtful insights!😊 It’s great to hear that you incorporate both fundamental data and technical analysis in your trading strategy. Your perspective on the relationship between the two is interesting and shows a deep understanding of market dynamics. If you have any further thoughts or need assistance, we’re here to support you! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
The education and analytics tools are very helpful and practical, I put them into action and I see results.
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Posted 5 months ago
Hi Jameson, Thank you for the great feedback! We’re thrilled to hear that our educational and analytical tools are helping you achieve results. It’s wonderful to know that you’re finding them practical and effective in your trading. If you need any more support, we’re here for you! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
If I need to point out the things that keep me trading with XM I would need to think about what I should highlight the most. One would definitely be the low trading costs that this platform fosters, but that alone wouldn’t be enough even to consider a broker if it’s not as reliable as XM is. The other aspect is definitely how XM handles withdrawals. All brokers are good when you withdraw within your deposited limit and use a bank card, but things change when you exceed the deposited amount and you start using wire transfers. I have traded with various brokers, but XM stands out with the processing speed when using the wire transfer method. So yeah, I recommend XM for low trading costs and fast withdrawals!
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Posted 5 months ago
Hi Ramiro, Thank you for your detailed review!😊 We’re thrilled to hear that our low trading costs and fast, reliable withdrawals are key factors that keep you trading with us. It’s great to know that our wire transfer processing speed has made a positive difference in your experience. Your recommendation means a lot to us! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
Plenty of payment methods which is not surprising for a broker of XM caliber. But keep in mind that for the safety reasons Xm obliges to withdraw via the same payment methods that was used for depositing up to the same amount. After that you can use other methods. Not quite convenient but it is what it is.
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Posted 5 months ago
Hi Abdul, Thank you for your feedback! 😃 We’re glad you appreciate the variety of payment methods we offer. Your understanding of our withdrawal policy is spot on—safety and security are our top priorities. We know it might be a bit less convenient, but it’s all about protecting your funds. If you need any further assistance, we’re here to help! XM Team 🚀 BIG. FAIR. HUMAN.
Posted 4 months ago
XM is rated 4.8 based on 319 reviews