Broker profile
XM
XM is a long-established CFD broker offering MT4 and MT5, a low minimum deposit and an extensive education programme including webinars.
Details are summarised for comparison and may change. Always confirm regulation and terms on the broker's website and the regulator's register.
Regulation
- CySEC (Cyprus) — Trading Point of Financial Instruments Ltd
- ASIC (Australia) — Trading Point of Financial Instruments Pty Ltd
- DFSA (Dubai) — Trading Point MENA Ltd
- FSC (Belize) — Offshore entity
Supported countries
Markets
Platforms
Fees
Wider on Standard, tighter on Ultra Low / Zero
Commission on Zero account only
Minimum deposit
Pros
- ✓ Extensive education and webinars
- ✓ Very low minimum deposit
- ✓ Micro accounts for small position sizes
Cons
- • Standard account spreads are not the lowest
- • No TradingView integration
- • Less suited to high-volume traders
Who it suits
- Complete beginners
- Traders who want to learn before committing larger capital
Who it may not suit
- Scalpers focused purely on lowest costs
Current promotions
No verified promotions are listed for XM right now.
FAQs
Does XM offer a demo account?
Yes, demo accounts are available on MT4 and MT5.
Risk warning: CFDs and leveraged products are complex and carry a high risk of losing money rapidly. A significant proportion of retail investor accounts lose money when trading CFDs. Only trade with money you can afford to lose. Trading-Promotions.com provides comparison and information services and does not provide financial advice.
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