Overview

If you’re searching for a broker that delivers competitive trading conditions, lightning–fast execution, and consistent leverage even during volatile market events, XM ranks among the best options available today. As one of the largest global brokers, XM processes nearly 14 million trades daily.

With over 15 years of industry experience and a client base exceeding 15 million traders across 190+ countries, XM has built a strong reputation for trust, transparency, and reliability. Its multi–jurisdictional regulation and commitment to fair trading practices have made it a respected name among global financial institutions.

XM’s hallmark features – zero requotes and zero rejections – reflect its precision–driven execution model, making it a top choice for news traders and algorithmic strategy users who rely on accuracy and speed.

Purpose–built for performance, XM offers leverage up to 1000:1*, which remains stable even during pre–market, after–hours, and high–impact events like NFP, FOMC, or CPI announcements.

In essence, XM combines regulatory strength, execution speed, and trader–focused innovative features to deliver a well–rounded and dependable trading experience.

*Leverage depends on the financial instrument traded and the respective XM entity with which the business relationship is established.

Bonuses

XM distinguishes itself with a variety of deposit and non–deposit bonuses, giving traders additional flexibility, margin, and trading capital. These offers can enhance position size and, in some cases, reduce stop–out risk.

*Bonus is not eligible for clients registered under the Trading Point of Financial instruments Ltd (Cysec) and Trading Point MENA Ltd (DFSA).

Welcome Bonus

New clients in eligible regions can claim a Welcome Bonus, allowing them to test XM’s platforms and conditions in real–time market environments.

This bonus offers:

● Real–Time Execution: Observe how trades are processed under actual market circumstances.

● Access to Live Spreads and Pricing: Test spreads and test platform responsiveness.

● Fair and Transparent Terms: No hidden clauses or excessive volume requirements make it easy to try out XM’s tools and features with no financial commitment.

This bonus is the ideal way for new users to experience XM’s services in live markets before making a financial commitment.

No Deposit Bonus

XM’s No Deposit Bonus gives eligible new clients a risk–free opportunity to start trading without depositing any funds – while still allowing them to withdraw any profits they make. It’s a simple and risk–free way to experience live market conditions and assess XM’s trading performance.

Key benefits of the No Deposit Bonus:

● No Financial Commitment Required: Begin trading without using personal funds.

● Zero Upfront Cost: Access the markets instantly with no initial payment.

● Profits Are Withdrawable: Once the reasonable trading conditions are met, any earned profits can be withdrawn.

● Simple Verification: The bonus is automatically credited after account verification.

● Risk–Free Start: Offers a secure, no–risk introduction to live trading for eligible new clients.

● Real Market Exposure: Trade on live market spreads and prices.

● Transparent and Fair Terms: XM avoids hidden conditions and inflated trading volume requirements.

Unlike some brokers with restrictive or unclear bonus policies, XM’s NDB stands out for its realistic, beginner–friendly approach. It’s a valuable tool for both new traders and those who wish to evaluate XM’s performance before depositing funds.

Traders who want to explore the trading environment without taking any risk, or those who wish to test XM’s execution speed and reliability before funding their account will find this bonus especially valuable.

Note: The NDB is not available in all regions.

Deposit Bonus – Up to 100%

Once traders begin funding their accounts, they gain access to XM’s deposit bonuses, designed to provide tangible value and flexibility.

What makes XM’s deposit bonus unique:

● Unlike many brokers, the bonus is added to account equity.

● It can be used to open larger trades, particularly on instruments that require higher margin.

● Profits earned with the bonus can be withdrawn in full.

This structure rewards loyalty and provides meaningful trading power – especially beneficial for small to mid–sized accounts aiming to grow.

Seasonal Promotions

Throughout the year XM also runs a variety of seasonal and regional promotions, with locally tailored offers depending on the client’s region and trading activity.

They may include seasonal bonuses, educational rewards, or event–based incentives. Even though the details vary by region, traders can usually expect periodic promotions timed around local holidays, trading patterns, or XM–hosted seminars.

Common examples include:

● Seasonal or Holiday Bonuses: Limited–time offers linked to major holidays or celebrations.

● Seminar–Exclusive Rewards: Bonuses and incentives for attending XM’s in–person events.

● Region–Specific Campaigns: Tailored offers based on location or trading behaviour.

Promotions are typically announced through XM’s website, dashboard, or email notifications for eligible clients.

Products

XM Traders Club – XM’s Loyalty Rewards Programme

XM runs a loyalty programme called the XM Traders Club – it rewards active traders with loyalty points that can be exchanged for cash or bonuses.

Members progress through five statuses – Bronze, Silver, Gold, Platinum, and Elite – each offering increasing rewards. Membership status is determined by trading volume – higher tiers unlock enhanced rewards, priority services, and recognition within the programme.

If traders meet the required trading thresholds, they can maintain their status and enjoy the corresponding benefits to their trading activity.

Key features include:

● Earning XMC (XM Coins) for every standard lot traded.

● Redeeming XMC for cash or tradable bonus

● Access to exclusive promotions, detailed market insights and reports, premium VPS services, and other valuable extras.

● Special incentives tailored for high–volume traders.

The program is ideal for frequent traders seeking extra value without additional risk or altering their usual strategy.

Trading Competitions

XM regularly hosts trading contests through its dedicated XM Competitions platform, offering traders the chance to compete for real cash prizes.

Key benefits include:

● Real Rewards: Participants have the chance to win cash prizes that they can withdraw.

● Low Entry Requirements: Many contests do not require a deposit, making them accessible to traders at all levels.

● Leaderboards and Rankings: Live leaderboards add a competitive edge and allow traders to see how they rank against others.

● Risk–Free Strategy Testing: Demo competitions provide a safe environment to try out or refine trading strategies without using real money.

Disclaimer: Promotions and bonuses are not available for accounts registered under XM’s EU–based entity (CySEC) and Mena entities (DFSA). The XM Group operates globally under various entities, so products, services, and features listed here vary between XM entities. For further information, please visit the XM website.

Copy Trading

XM’s copy trading platform allows users to automatically follow and replicate trades from experienced and successful Strategy Managers.

By providing flexibility and diversification, it becomes a valuable tool for both beginners and seasoned traders willing to learn and enhance their trading skills.

Key features include:

● Access to a variety of trading strategies.

● Ability to copy trades from experienced traders.

● Opportunities to diversify across multiple strategies and traders.

● Helps beginners gain insights by following experienced traders.

● Allows Strategy Managers to earn fees based on the success of their strategies.

Note: The service is not available in all entities and does not constitute investment advice. Clients are advised to visit the XM website for more information.

Regulation & Security

When selecting a broker, regulation and fund security are critical, and XM delivers on both fronts.

Operating under a robust multi–regulatory framework, XM provides traders around the world with regional oversight, adherence to international standards, and strong fund protection.

As part of Trading Point Holdings Ltd, XM operates through multiple entities, each licensed and supervised by a respected financial authority. This structure ensures clients benefit from high levels of transparency, fair trading practices, and consistent global standards – no matter where they are based.

Regulatory Entities & License Numbers

Client Protection Policies

XM reinforces client safety through industry–leading protection mechanisms designed to ensure peace of mind while trading:

● Segregated Client Funds: Client funds are kept in segregated accounts, separate from the company's operational funds. This ensures they cannot be used by XM for its own operational purposes.

● Negative Balance Protection: No client is ever liable for more than their deposit – a feature especially important during high–volatility events or flash crashes.

● Strict Internal Controls: All XM entities comply with local regulatory policies, enforcing tight risk controls and secure digital practices.

● Secure Socket Layer (SSL): XM uses advanced SSL encryption technology to protect clients' personal and financial information. This encryption ensures that all data exchanged between clients and XM is secure and confidential.

● Secure Payment Methods: XM supports a range of secure payment methods, which have all been rigorously vetted to ensure they meet the highest security standards, to reduce the risk of fraud.

These measures collectively demonstrate XM’s unwavering commitment to client protection and regulatory integrity.

Deposits & Withdrawals

Being able to deposit and withdraw funds quickly, securely, and without unnecessary fees is essential for traders.

Fast, secure, and transparent fund management is a cornerstone of XM’s client experience. The broker offers instant deposits, quick withdrawals, and zero fees on transactions – ensuring that your funds move efficiently, safely, and without hidden charges.

Whether you’re funding your account for the first time or withdrawing profits after a strong trading week, XM’s payment infrastructure ensures speed, clarity, and full transparency every step of the way.

Supported Payment Methods

XM supports a wide range of globally trusted payment solutions that are secure and rigorously vetted, making account funding convenient and accessible from virtually any region.

Depending on the entity, traders have a choice of the following payments methods:

● Credit/Debit Cards: Visa, MasterCard.

● Bank Wire Transfers.

● E–wallets: Neteller, Skrill, SticPay.

● Local Payment Gateways: Based on client location (e.g., online banking and mobile transfer services in Asia, Africa, and LATAM).

All transactions are processed through regulated Payment Service Providers (PSPs) with robust anti–fraud protocols, ensuring safety from start to finish.

Instant Deposits

One of XM’s key advantages is its instant deposit processing for most payment methods. Funds typically appear in your trading account within seconds, allowing you to:

● Enter positions at the right market moment.

● React immediately to price breakouts or economic news.

● Maintain uninterrupted strategy execution.

For traders using Expert Advisors (EAs), or trading the news, this instant funding capability is a significant operational advantage.

Instant Withdrawals

XM processes withdrawal requests within 24 hours (1 business day), once account verification is completed. This applies to all payment methods, and in many cases, e–wallet withdrawals are completed in a matter of hours.

Key features:

● Fast internal processing times.

● Transparent policy: no withdrawal rejections without cause.

● Same–method withdrawals (to comply with anti–money laundering regulations).

● Notifications sent via email for every stage of the process.

While XM acts quickly, final settlement times may vary slightly depending on banks or third–party payment providers – particularly for international wire transfers.

Note: In cases where the correct deposit procedures are not followed, there may be a delay in processing the deposit. Even though withdrawals are executed within 24 hours, the time it takes for the funds to reach the client’s account depends on the payment method.

No Deposit or Withdrawal Fees

XM charges no internal fees on deposits or withdrawals. In most cases, XM even covers third–party transfer fees*, ensuring that:

● Deposits are fully credited to your trading account.

● Withdrawals are processed without additional charges.

Clients should note that in some cases fees from banks or third–party providers may also still apply, depending on the payment method used. Even though XM covers the transfer fees for most deposit and withdrawal methods, wire transfers under $200 may incur fees, depending on the payment provider.

* The company covers all fees for most payment methods. Bank wire deposits or withdrawals below $200 are not covered. For crypto deposits, clients must cover the fees during payment processing; if the instructions are not followed correctly, funds may be delayed to credit in the trading account

Local Payment Support

To enhance accessibility, XM offers localized payment methods across different regions, combining convenience with full regulatory compliance.

There are local options available in:

● Southeast Asia (e.g. instant bank transfers in Thailand, Malaysia, Vietnam).

● Latin America (e.g. local currency deposits).

● Africa (e.g. mobile money solutions such as M–Pesa).

● Middle East and North Africa (Arabic language banking interfaces).

This localisation ensures that traders can manage their accounts easily, no matter where they are.

Deposit and Withdrawal Dashboard

Through XM’s centralized client dashboard, traders can:

● Make deposits and withdrawals.

● Monitor transaction history.

● Set up preferred payment methods.

● Track updates on processing status.

This unified interface provides complete visibility and control over your funding activities – reinforcing XM’s dedication to a seamless client experience.

Trading Conditions

XM’s trading environment is engineered for speed, stability, and precision, combining tight spreads, consistent leverage, and rapid execution. These conditions make it a preferred choice for traders who value cost–efficiency and performance.

Built–in risk management tools and flexible account options further enhance control, ensuring both new and experienced traders can tailor XM’s conditions to their trading style.

Fast and Reliable Execution

XM’s execution model is designed to lock in displayed prices with minimal slippage, ensuring traders get what they see.

With over 11.7 billion trades executed without requotes or rejections, XM sets a benchmark for speed and reliability, even during volatile sessions.

Stable Maximum Leverage

While many brokers reduce leverage during major economic events, XM maintains consistency. Your selected leverage – up to 1000:1 (depending on entity and account) – remains stable at all times, including during high–impact news releases like NFP (Non–Farm Payrolls) or FOMC (Federal Open Market Committee).

Leverage Flexibility

XM’s leverage options up to 1000:1 allow traders to fine–tune their exposure and risk management preferences. Whether you trade conservatively or use higher leverage for tactical setups, XM provides the flexibility to adapt.

Competitive Spreads

XM offers tight spreads starting from 0.8 pips on Ultra–Low accounts – helping traders manage costs effectively. These accounts also support swap–free options, catering to traders who prefer interest–free trading.

Swap–Free trading

XM’s Ultra–Low Standard and Ultra–Low Micro accounts provide swap–free access on over 30 instruments.

Features include:

● No overnight interest (swap) on positions*.

● Up to 1000:1 leverage.

● Spreads from 0.8 pips on major pairs.

● Negative balance protection.

● A low $5 minimum deposit.

Swap–free trading is available upon request, subject to approval.

Disclaimer: Leverage depends on the financial instrument traded and the respective XM entity with which the business relationship is established.

* T&Cs apply

Account Types and Customisation

XM offers a diverse selection of account types, tailored to meet the needs of traders across regions and experience levels. Whether you’re a newcomer to the markets or a seasoned professional, XM’s Micro, Standard, Ultra–Low, and Shares accounts provide the flexibility and tools to suit a wide range of trading styles and objectives.

Micro Account

The Micro Account offers access to real market conditions with reduced exposure and smaller position sizing. It’s ideal for those who want to gain hands–on experience, test new strategies, or practice disciplined risk management without committing large capital.

Traders can also opt for micro–lot trading on XM’s Standard and Ultra–Low Accounts, giving them additional flexibility in managing trade size and risk.

Standard Account

The Standard Account delivers a balanced trading environment, combining zero commissions with full access to bonuses.

It’s designed for traders who are scaling up from smaller positions or refining their strategies while maintaining a straightforward cost structure and seamless execution.

Ultra–Low Account

Built for cost–efficiency and precision, the Ultra–Low Account is particularly well–suited to active traders, scalpers, and those who prioritise tight spreads and minimal trading costs.

Its structure helps high–frequency traders optimise performance and preserve margins on shorter–term strategies.

Shares Account

The Shares Account caters to investors seeking direct access to global equities rather than CFDs. This account type is ideal for long–term investors who prefer traditional equity trading.

Operating on a commission–based model, it mirrors the experience of conventional share dealing while allowing investors to diversify into global markets directly.

Disclaimer: Please visit the XM website for more information regarding applicable account types under the respective XM entity with which the business relationship is established.

Risk Management Tools

XM integrates a suite of powerful risk management features to help traders safeguard their capital and maintain control in all market conditions.

These include:

● Negative Balance Protection: Ensuring losses can never exceed deposits.

● Real–Time Margin Monitoring: Helping traders stay informed about margin usage and exposure.

● Stop–Loss and Take–Profit Orders: Allowing automatic management of exits and profit locking.

Together, these tools empower traders to manage volatility effectively and maintain confidence during unexpected market movements.

Trading Features and Tools

XM provides a comprehensive, modern trading experience, balancing professional–grade functionality with intuitive design. Whether on desktop or mobile, traders benefit from an ecosystem built around speed, insight, and control.

Under XM’s unified platform experience, clients can access an array of integrated tools designed to enhance analysis, navigation, and performance:

● TradingView–powered Charts: Advanced, interactive charting with drawing tools, multiple timeframes, and technical indicators for more precise analysis.

● XM AI: A powerful tool operating like a market analyst.

● Notification Centre: Stay informed in real time with account alerts, market updates, and important news delivered directly within XM.

● Advanced Watchlists: Organize and track instruments with customizable views for quicker decision–making.

● Explore Page and Market Insights: A central hub for discovering new opportunities and keeping up with trending instruments.

● Faster Navigation and Full Account Control: Open, fund, or manage accounts seamlessly within XM, no matter the device.

Together, these innovations make XM a complete and dynamic trading environment.

Note: Some of the services/features are not available under all XM entities and do not constitute investment advice.

Instruments Offered

XM provides access to a broad and diversified portfolio of over 1,400 financial instruments across seven major asset classes – empowering traders to pursue global opportunities and manage portfolios from a single platform.

Forex

XM’s forex offering is extensive, positioning it as a top choice for currency traders.

Traders can access:

● Over 55 currency pairs including majors, minors, and exotics.

● Tight spreads starting from 0.8 pips.

● Leverage up to 1000:1 (varies between regions).

● 24/5 market availability with real–time pricing and ultra–fast execution.

This depth of choice allows traders to capitalise on global macroeconomic trends, news events, and technical setups with confidence.

Stock CFDs

Trade the price movements of global equities without owning the underlying shares.

Key highlights include:

● Access to over 1,200 stock CFDs from the US, UK, Germany, France, and more.

● Trade leading names like Apple, Tesla, Meta, Amazon, and many others.

● No ownership required – benefit from rising or falling prices.

Equity Indices

For traders looking to capture broader market sentiment, XM offers CFDs on major indices across multiple regions:

● US indices: S&P 500 (US500), Dow Jones (US30), Nasdaq (US100).

● European indices: DAX (GER40), FTSE 100 (UK100), CAC 40 (FRA40).

● Asian indices: Nikkei 225 (JP225), Hang Seng (HK50), AUS200.

Available as both cash and futures contracts, these instruments enable flexibility for short–term or longer–term strategies.

Commodities

XM also provides an abundant set of commodity CFDs covering both hard and soft commodities.

Available categories include:

● Precious metals: Gold, Silver, Platinum.

● Energy: Crude Oil (WTI, Brent), Natural Gas.

● Agricultural: Coffee, Cocoa, Corn.

These markets allow traders to diversify portfolios, hedge against inflation, or take advantage of geopolitical themes.

Cryptocurrencies (Available under selected entities)

Clients registered under XM Global, have access to cryptocurrency CFDs, and are able to trade some of the world’s most popular digital assets, 24/7.

Over 60 cryptocurrencies are offered, including:

● Bitcoin (BTC/USD).

● Ethereum (ETH/USD).

● Ripple (XRP/USD).

● Litecoin (LTC/USD).

● Bitcoin Cash (BCH/USD).

Crypto CFDs at XM require no wallet setup, and traders can go long or short to capitalise on volatility.

Note: Trading Cryptocurrency CFDs varies by regulatory jurisdiction and is not offered under all entities (e.g., not available under DFSA or CySEC).

Precious Metals and Energies

Beyond general commodities, XM offers a refined focus on metals and energy markets, including:

● Gold and Silver against both USD and EUR.

● Platinum, Palladium.

● Crude Oil (WTI & Brent).

● Natural Gas.

These instruments are popular among traders seeking exposure to safe–haven assets and energy market volatility.

Turbo Stocks*

With Turbo Stocks, traders can capitalise on intraday market volatility and leverage movements in top global brands.

● Access to over 1,400 assets.

● Trade on MT5.

● Available on all Standard Accounts.

Thematic Indices

XM’s Thematic Indices allow traders to participate in high–growth sectors and emerging investment themes:

● Cover a wide range of themes, including technology, healthcare, and blockchain.

● Trade on MT5.

● Available on all Standard and Ultra Low Accounts.

*Available under selected entities

Education and Research

XM’s educational suite is built to help traders at every level develop real–world skills and market confidence.

Resources are available in multiple languages and combine theory with live, practical application – setting XM apart as an educator as much as a broker.

XM Live Education

XM Live is an industry–first learning format offering real–time, interactive sessions hosted by professional traders.

Features include:

● Daily market commentary.

● Live trade ideas and chart setups.

● Real–time Q&A sessions.

● Fundamental and technical updates.

● And much more.

Available in multiple languages, XM Live creates a dynamic learning space where traders can observe, ask questions, and learn directly from market experts.

Live Education Rooms (Beginner to Advanced)

XM hosts daily live education rooms, categorised by experience level and led by professional instructors where instructors and real–life traders teach both the theory and practical application of key trading principles using fundamental and technical analysis.

Topics include:

● Market structure and trends.

● Price action analysis.

● Strategy development.

● Trade psychology.

● Q&A and mentoring.

These rooms offer a classroom–like learning experience while offering traders the opportunity to ask direct questions, get live feedback on their ideas, and watch professionals analyse live charts in real–time.

On–Demand Video Learning (Tradepedia)

In collaboration with Tradepedia, XM offers a full library of professionally produced educational videos covering:

● Beginner–friendly tutorials.

● Advanced strategy breakdowns.

● Platform walkthroughs (MT4, MT5, WebTrader).

● Videos on trading tools and indicators.

Accessible 24/7, these videos ensure that even mobile–first clients can learn at their own pace, anywhere.

Webinars

XM’s live webinars are hosted 7 days a week and presented by 77 instructors weekly by market professionals, tailored by language and trader experience.

Key features:

● Beginner to advanced topics.

● Accessible globally in over 20 languages.

● Structured into learning series (not just random events).

● Available in multiple time zones.

Sessions are tailored by topic and skill level – from candlestick patterns to advanced Fibonacci trading – providing structured, ongoing education for traders worldwide.

Economic Calendar and Market Sentiment Tools

For fundamental traders, XM’s interactive economic calendar provides:

● Upcoming news events (by region, impact level, time).

● Consensus forecasts and actual results.

● Links to impacted instruments.

Complemented by market sentiment tools, traders gain insight into how others are positioned – supporting confirmation or contrarian strategies.

Technical Analysis and Daily Research

XM’s in–house analysts deliver a continuous flow of actionable insights, including:

Resources include:

● Technical pattern analysis (chart formations, key levels).

● Support and resistance forecasts.

● Weekly outlooks for forex, indices, commodities.

● Expert–written articles covering macroeconomic trends.

These insights help traders align strategies with market context and make more informed trading decisions.

XM Podcast Series

For traders on the move, XM’s podcast series provides engaging discussions on:

● Market recaps.

● Weekly trading themes.

● Macroeconomic shifts and central bank coverage.

● Trading psychology episodes.

Available via the XM website and major podcast platforms, it’s a practical way to stay informed anywhere.

Platform Tutorials and Tool Walkthroughs

To help new clients get started, XM supports traders with comprehensive tutorials and guides, covering:

● MT4 and MT5 setup and customization.

● Placing and managing orders.

● Using indicators and drawing tools.

● Installing and optimizing Expert Advisors (EAs).

These materials make onboarding simple for traders of all levels.

Multilingual Support for Learning

XM’s educational resources are translated into over 30 languages, including Spanish, Arabic, Portuguese, Thai, and Bahasa – ensuring accessibility for a truly global audience.

This commitment reflects XM’s dedication to inclusion and trader development, not just customer service.

Key Features

• Diverse Asset Portfolio
• Multiple Trading Platforms
• Competitive Spreads
• Fast Execution
• Educational Resources and Market Analysis
• 24/7 Customer Support