XM Reviews

4.8 Rating 261 Reviews

100 %

of reviewers recommend XM

4.8

Based on 261 reviews

Shipping & Delivery
Delivery Methods	Own Driver
Customer Service
Communication Channels	Live Chat, Email

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Does XM offer a dedicated client relations manager like some other brokers?

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Asked by Vulmaro (12 hours ago)

Does XM offer a dedicated client relations manager like some other brokers?

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Asked by Vulmaro (12 hours ago)

I really wonder, what is your honest opinion about their competitions?

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Asked by Odino (2 weeks ago)

They are fair and this is what you need to know about them. You can compete using the demo account and the real one. The highlight - no entry fees required, so you are able to get in even with 5 dollars, huh. Just a joke, it's not that safe to do so, anyways, it's a noticeable feature. Besides, prize pool is big. Dunno how vast should be your XP in trading to win everyone who participates, but maybe you'll get lucky.

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Answered by Sad bin Moosha (1 week ago)

Has anyone here tried shares account? If so, then would you recommend it to others?

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Asked by Bergnaum MD (2 weeks ago)

I have tired the shares account and I think its a great option which would also depend on your goals and trading styles. It is ideal for long term investments and unlike CFDs, you have - Ownership of the assets - Lower risk-opportunity to diversify your portfolio -transparent fees Things to consider are; long term focus, huge fund requirements and a broker. I would definitely recommend the XM shares account

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Answered by Albert Gallardo (1 week ago)

What bonuses, contests, promos are offered by XM for new or existing customers?

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Asked by Salvador Lobo (3 weeks ago)

They offer pretty bunch of different things to attract traders. The main two, on which, you should pay attention, are competitions and deposit bonus. Certainly, the bonus might be a solid add-on to your initial deposit, you should note that you can`t withdraw it. Though, in my opinion competitions, is better way to get benefits from. You can practice your trading skills and apply your knowledge in competitive environment, it`s always good for trading development.

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Answered by Enrico Mancini (2 weeks ago)

How to choose an account among those they offer?

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Asked by F. Garcia (3 weeks ago)

Listen to your heart, bro. Just a joke. Compare them and this is it. The Xm broker provides with a kind of comparison table on the website so you will be able to compare the accounts and decide which one will suit you most. If you are beginner, then try Standard at first. It requires just 5 bucks to kick off.

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Answered by VHuynh (2 weeks ago)

How many account types do they have?

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Asked by Pietro Villa (1 month ago)

In fact - 4. But if it's about ACCESSIBLE accounts, then 3 of them are accessible to the majority of traders as Shares account has $10k of minimum deposit while others require just $5. Ultra low account, Standard and Micro + Islamic is also a type of account. Yeah... 4 accounts are accessible to people, I just messed things up a bit. Conditions you can check on the site, all differences are transparent.

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Answered by Sabino (1 month ago)

Is the copy trading feature of XM very reflective and profitable?

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Asked by Jordi (2 months ago)

I’d say yes! It does reflect the market and I found it informative. As for profit, it depends on how successful your actual trade is, nobody can say it in advance:)

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Answered by emiliano marinho (1 month ago)

What position size should I use with a $200 account size?

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Asked by Orland (2 months ago)

Buddy, I want to give not only recommendations about lot size, but also some others. I understand that one of the advantages of XM is the low limit on minimum deposit amount. But traders should consider all risks. So when trading with $200 deposit, I recommend only 0.01 lots. Moreover, I recommend you always use stop loss. Try to trade so that risk level doesn't exceed 20% of deposit amount. I understand that profit will be less than you would like. But trust me, this is the only way you can trade properly

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Answered by Izaiah (1 month ago)

How are trading turbo stocks different from usual shares?

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Asked by Christopher (2 months ago)

The major difference between turbo stocks and usual shares are in leverage and risk structure. With leverage, turbo stocks can be traded with leverages and price movements amplify losses or gains while usual shares are bought at full value and price movements reflect proportionally in your investment. Risks in turbo stock trading mainly come from leverages and losses are magnified more than investments while in usual shares, the risks are not more than investments. Its important to note that for turbo stocks, you do not actually own it and have no rights while shares are owned by the trader and given certain rights and dividends. There are also differences in the cost and trading strategies.

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Answered by Kob Jainukul (2 months ago)

Do they provide daily market analyses for clients?

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Asked by Amal Munisa (5 months ago)

Oh, yeah, buddy. Their news feed is a great tool to analyze market situation. My daily routine now consists of checking news feed on their official website in the morning. Then during the day I go there several more times to see some updates. In general, I like their market analysis and I use it in my trading. As for content of this analysis, it's obvious that it was made by professionals.

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Answered by Maximo (5 months ago)

Is it possible to invest in the stock market in the long term through XM broker?

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Asked by Edgar (5 months ago)

Oh, you asked a question about one of the features of this broker that is popular among traders. I think so. This broker provides several options for trading stocks. Each client has access to CFD stock trading and real stock trading. That is, each client can choose type of stock trading that suits him best and investing in stocks in the long term is one of available options.

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Answered by Istemi Binay (5 months ago)

What can you say about the set of assets that are available on platform?

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Asked by Jamal Mansur (6 months ago)

Its the regular stuff. Stocks, forex, commodities, special metals, indices. It's what you'd expect. As far as I know, they pretty recently added some cryptos. Seems like the industry is moving in that general direction. I don't trade in them thou, so I'm probably not the best to talk about them. I trade CFDs. Almost exclusively stocks, and some EURUSD. Its pretty good for that. The main thing with them is ultra-low account with no swaps. That's the reason to trade here.

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Answered by Nico Maroto (4 months ago)

Guys, can you recommend the deposit amount from which to start trading on this broker's platform?

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Asked by Aakif el-Diab (6 months ago)

If you are a pro trader and have $10k laying around, shares acc is a way to go If you just want to check out XM and maybe learn trading, you can start with as low as $50 and learn risk management. At least its what I did when I begun trading.

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Answered by Santokh (4 months ago)

Can I use custom indicators on this broker's MT platform?

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Asked by Yoruk B. (6 months ago)

Of course you can! That's one of the best things about it! They even allow EAs. I guess it can be the innate feature of MT. It is generally possible to use custom indicators and Expert Advisors on different exchanges or brokers in with MetaTrader. One of the reasons so many exchanges and brokers use it. Highly customizable to the needs and wants of the trader.

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Answered by Igor Falcao (5 months ago)

Is there absence of swaps on all of the trading instruments?

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Asked by Manasseh (6 months ago)

I don't think so, it can be quite costly for a company to cancel out all the swaps, so its not up to the instruments. Instead, it is up to the accounts. So the usual standard and micro accounts do have swap, so they are probably not what you want. Next we have shares account without a swap, but with a high depo requirement, so also not a good choice for a simple trader. The best choices would be either a ultra low account, or an Islamic account. Islamic account is available upon request, and it is swap free. But, I believe ultra low is better, because in addition to no swaps, you also get lower spreads🕊️

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Answered by Diego Vale (3 months ago)

What is the MOST preferrable way to trade with XM: positionally or intraday?

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Asked by Oretta Martino (7 months ago)

With such a versatile online trading platform like XM, all trading strategies can work. The trading conditions at XM provide excellent terms for both trading styles, they foster a low-cost trading environment through the absence of trading fees and tight spreads. This is applicable for positional and intraday trading. What matters is what is the best fit for you, and for your trading style. Both can be profitable, but you need to make sure what you prefer. Intraday trading, for instance, require larger monitor time, while positional trading require much less monitor time.

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Answered by Marco Bernardi (4 months ago)

Guys, can someone tell me could I invest in real stock in the long term?

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Asked by Paolo Giordano (8 months ago)

Investing in real stock is actually a long-term investment strategy. It makes no sense if you intend to speculate on the price of stock using these instruments. For that purpose, use Stock CFDs. So, yeah, you can invest in real stock in the long term. Aside from the potential gain from the price changes, you need to consider another aspect when choosing stock - the dividends. Traders who trade real stock are attracted by the dividends the companies share with their shareholders. This can be a very lucrative way of investing, but honestly, it demands thorough research, knowledge and skills. Stil, it is doable and can be mastered in this investment style, but it takes time.

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Answered by Keshawn (4 months ago)