✅ $30 No Deposit Bonus*
✅ Up to $5000 Deposit Bonus*
✅ Forex Webinars
*Trading bonus are not eligible for clients registered under Trading Point of Financial Instruments Ltd
A decent and detailed review of a Forex broker will give you the necessary information about it in brief. Such an action and filtering of all the available foreign currency exchange platforms is superb way for both – high punters and beginners – to find the best broker for their trading experience.
And since we are here to give you the best and most optimal assistance into Forex market, we are full of detailed reviews about the most popular and renewable brokers. Check out now our XM Group review and find out if it is suitable for your preferences and needs in trading.
XM Group Overview and Specifics
XM Group is a group of online regulated brokers. Trading Point of Financial Instruments Ltd was established in 2009 with headquarters in Limassol, Cyprus and is regulated by CySEC with license number 120/10. Trading Point of Financial Instruments Pty Ltd was established in 2015 with headquarters Sydney, Australia and is regulated by ASIC with license number 443670. XM Global Limited was established in 2017 with headquarters in Belize and it is regulated by International Financial Services Commission (000261/158).
All countries that are in Eurozone or in EU are provided with special regulation measures for both – gambling and trading websites. So when it comes to the safety for the customer`s personal data and money, XM Group is the right and one of the most recommended websites. But this is not the only great and interesting thing about the XM Group platform. The website has also a superb customer support.
The services are provided 24/5 and on 17 multiple languages, which makes it easy for any client regardless he is beginner or high punter to make an inquiry at almost any time and to receive a respond to his question or requirement. Also, the XM Group website has numerous trading options – including with foreign currenciest, commodity, stocks, precious materials and etc. 99,35% of the orders for trading are usually executed in less than one single second. Moreover, the leverage here is also ok – 1:30 and the XM Group provides more than 100 financial instruments. Be aware that the currency options are also numerous on the website – USD, EUR, GBP, JPY, CHF, AUD and etc.
XM Group Forex broker has more than 60 currency pairs to trade with, while the minimum deposit is only 5 $, which makes it quite suitable for beginners in trading, who do not want to risk lots of money for their first steps on the market. XM Group offers 4 type of accounts: micro, standard, zero and ultra low.” Please include the following note regarding the XM Ultra Low account type: XM Ultra Low account is not applicable to all entities of the group.
Account availability depends on the clients’ country of residence. Demo account is also available for people, who are not sure whether to remain on the website before testing its platform. There are no commissions or hidden fees in trading activity on the XM Group broker, while the deposit and withdrawal payment methods are the general standard methods such as debit/credit Card, Neteller, Skrill, Bank Wire Transfer, etc.
XM Group Bonus System and Types
Learning information about a broker is an entire process you need to consider every time before signing in a particular website. And part of this process is to see if the available bonuses are ok for you. Thankfully, XM Group offers numerous promotions and special extras you should definitely check out now.
- No Deposit Bonus – The best Forex bonus ever – the no deposit bonus – is still part of the bonus system that XM Group website provides to all of its clients. To be more specific only newly registered clients can actually benefit of it. The no deposit bonus here is 30 $ and you can use it only if you are new on the website and have just made your registration with a validated account to trade from.
- Welcome bonus – Another welcome bonus for all the newly registered clients on the XM Group website gives you up to 100% with a maximum reward of 5000 $ of your initial deposit. Unlike the previous bonus, you must make a deposit in advance and then to receive the bonus. So if you deposit 200 $ you can have in your wallet 400 $.
- Loyal Bonuses and Programs – Become a regular customer on XM Group at some point and you will be able to apply for a loyalty program. This program gives you several extras and special promotions and to reach it you will need to collect a particular amount of points, which are given during your experience on XM Group platform.
- Special Seasonal Bonuses – Do not forget to check out for special seasonal bonuses on XM Group. This Forex platform has a tradition to update its bonus system all the time, so you can receive an additional offer throughout your experience here.
- Trading bonus and Loyalty program: these are not eligible for clients registered under Trading Point of Financial Instruments Ltd.
Forex Brokers Similar to XM
Welcome Bonus
20%
Min Deposit: $20
Welcome Bonus
NONE
Min Deposit: $100
Welcome Bonus
up to $10 000
Min Deposit: $100
Welcome Bonus
$100
Min Deposit: $5
Welcome Bonus
50%
Min Deposit: $50
Welcome Bonus
$30
Min Deposit: $5
Welcome Bonus
10%
Min Deposit: $100
*Trading bonus are not eligible for clients registered under Trading Point of Financial Instruments Pty Ltd< and Trading Point of Financial Instruments Ltd
XM Group Software Information
The software type a broker uses makes a website either customer-friendly and intuitive, or harsh and not that easy to be used. Thankfully, XM Group offers the best Forex broker platforms that are intuitive and great for daily usage. The standard software types XM Group uses are MetaTrader 4, MetaTrader 5, and Web Trader. Besides those, XM Group is also available on mobile, allowing you to trade any time and from any place you wish.
Why Choosing XM Group Forex Broker?
And now we have reached the best part of our XM Group review – the list of the biggest benefits behind this Forex broker platform. Check out them out and see why so many trader love XM Group broker so much:
- Fantastic bonus system with ordinary updates of new bonus types
- Strong regulation and good reputation
- Great customer support services
- Strict NO re-quotes
- Efficient and fast trade execution of each trade
- Good leverage of 1:30 for clients registered under the EU regulated entity of the Group. Leverage depends on the financial instrument traded.
Be confident and tranquil to test the XM Group Forex broker. It is safe and reliable, but it is also quite easy for beginners. Also, see yourself that this website is worth it to remain on even when you become and advanced trader!
Related Articles
All About ECN Brokers – How They Work and Benefits
An ECN broker is the purest form of Forex dealer out there. No profit is made on spread difference. Instead they charge a commission. As such, it is in their ow…
Rebate Bonuses for Forex Trading
Whether you are good or bad in financial trading, you need to reconcile with the fact that in Forex, there is both – victory and failure. So no matter how great…
Live Forex Trading
When it comes to Forex trading, the options are numerous. Among all of them, though, most of the traders across the world – regardless they are beginners or hig…
Mobile Forex Trading
If you think that Forex industry will not advance even more in future, you are wrong! As a matter of fact things with the market become more and more advance. A…
You made some decent points there. I looked on the internet to learn more about the issue and found most people will go along with your views on this site.
Yah XM broker you are the best of the best
🥰🥰🥰💥💥💰💳💷💶💴💵💸
I’m a beginner trader and I was really impressed with the detailed analysis of XM Group. Your review helped me understand their pros and cons, and I now feel more confident in choosing them as my forex broker. Thanks for your honesty and transparency!
I’ve been using XM for a while now and I’m impressed with their fast and reliable trading platform. Their fees are also very competitive. The only reason I gave them 4 stars is because their customer support could be better. Sometimes it takes a while to get a response from them. But overall, I think XM is a safe and trustworthy broker.
I have been trading with XM for a few months now and I must say I’m impressed with their services. Their MetaTrader platforms are user-friendly and the customer support is always responsive. However, I do wish they had slightly more competitive spreads. Still, I would recommend XM to any forex trader looking for a reliable broker.
I completely agree with your conclusion that XM is a reputable broker. I’ve been trading with them for a few months now and my experience has been smooth so far. The fees are competitive and the trading conditions are excellent. The customer support team has always been helpful and responsive whenever I’ve had an issue. Thanks for writing this review!
I must say, this review comes at a perfect time as I’ve been considering joining XM Group. The detailed information about their trading conditions, fees, and regulation status has been super helpful. I’m relieved to know that they are a reliable and regulated broker. I’ll definitely keep this in mind as I make my decision. Thanks for the thorough review!
Great review! It’s always important to know if a broker is trustworthy, and I appreciate the detailed analysis of XM Group’s safety measures. I’m curious to hear more about user experiences, though—has anyone tried their services recently?
I could not refrain from commenting. Perfectly written!