XM Review | Expert Forex Broker Review

xm review

Many of the traders has requested to do a Review for XM. Here goes the XM Review. XM is in Forex brokering business since 2009. XM is the recognized trading name of Trading Point Holdings Ltd incorporated and governed by the laws of Cyprus. XM is now has been established as a genuine Forex broker in the Forex Marketplace. XM provides over 100 financial instruments for their clients to trade with different platforms. The thing is that XM do not accepts traders from United States. But it welcomes all the other traders from all over the world.

Also XM is a giant in proving Islamic Accounts. These are the account which is for the traders following the Islamic faith, where trading is considered “Halal” (translated as “allowed” or “permissible”). These accounts are actually technically called “swap-free” accounts. If you’d like a swap free account simple contact with XM customer support or live chat.

XM values trading efficiency and they want to provide customers a better user experience. This is provable as they offer an extensive range of trading tools, cutting edge trading platforms and a personalized customer services. XM’s main operations are offering CFD trading which offers the traders to trade with financial products such as indices, precious metals and energies.

The best thing for new Forex traders is that XM holds the minimum deposit amount which a Forex broker has. New Forex traders can start with just 5$ with a maximum of 1:888 leverage. But it’ll be very risky.

XM Trading Platform and Features

Most of the Forex brokers provide the support for MetaTrader 4 with its mobile support. XM provides 9 platforms which are for computers and 4 platforms which are available for mobile traders. So this too proves that XM Values Trading Efficiency of the traders

  • XM MT4 Terminal – This is the XM’s version of the MetaTrader 4 platform. It has all the options of the default MetaTrader 4 platform and it is highly configurable. xm reviewMetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience. Also XM MT4 Terminal allows you to setup EAs to automatically place trades for you. In fact, there are a number of add-ons and applications that will help you trade and improve your strategies.
  • XM Mac MT4 – This is the same MetaTrader 4 which is compatible for mac os. This also contains all the features of the above MT4 Trader.
  • XM MT4 MultiTerminal – MultiTerminal platform is created for money managers or traders who use multiple accounts to execute multiple orders at the same time. Almost all the features of MetaTrader4 are available but not all. EAs are not allowed in MultiTerminal
  • XM MAM – Unlike MT4 MultiTerminal, XM MAM allows Automated Trading with EAs and provide the Charts and technical analysis you’d expect from MT4. This has many advanced features. To know more info about XM MAM contact XM Customer Support.
  • XM WebTrader 4 – XM has aan online trading platform too. It is compatible with almost all web browsers. So no download is required, simple log in to your account and go to Web Trader and then you can trade instantly. Like the MT4 platform, the WebTrader 4 platform provides one-click trading, streaming news, an economic calendar and market analysis.
  • XM iPad Trader – XM allows you to trade with ipad too to trade for ipad traders. It provides access to your MT4 account and presents real-time interactive charts with zoom and scroll functionality. This truly provides a fantastic remote trading experience.
  • XM iPhone Trader (IOS), XM Droid Trader (Android), XM Mobile Trader (Windows Mobile) – And finally XM has provided a solution for the remaining mobile users for all major smartphones. Their mobile platforms offer outstanding trading flexibility by bringing you a scaled down version of MetaTrader 4 to your fingertips

Support and Services

XM Customer Support team is always live. XM support team provides support over 20 languages and they serve clients from 196 countries. All the inquiries sent tot he customer support is addressed and resolved our issues quickly and efficiently.The phone line and Live chat support teams are available 24 hours a day, 5 days a week. On weekends, the support team are available from 9-5pm (GMT +3). Email support is available everywhere anytime. For more info you can go to their FAQ page.


Banking Options

As we said above XM has the lowest minimum deposit that we area aware of. Guess what XM allows from just $5 upwards. Another best feature of XM is that they offer 30$ no deposit bonus for every new client. You can trade without investing your own money. If you wont you can withdraw the profit. If you lost you lost nothing. Also they offers attractive 50% welcome bonus until you reach a maximum bonus amount of $500 USD. The percentage then changes to 20% until you reach a maximum bonus amount of $5,000. For almost all the transactions XM covers the processing fees.

XM Supports a range of deposit and withdrawal methods. To start a withdrawal your account must be fully verified. Followings are the withdrawal options.

  • Credit Cards – VISA, VISA Electron, MASTER CARD, MAESTRO, UNION PAY
  • Electronic Payment – Web Money, Skrill, Neteller
  • Bank Wire Transfer

Here’s the deposit methods options

  • Credit Cards – VISA, VISA Electron, MASTER CARD, MAESTRO, UNION PAY
  • Electronic Payment – Web Money, Skrill, Neteller
  • Bank Wire Transfer

Why we recommend XM.com?

There are many reason why we recommend you to start trading with XM.

  • Offers a 30$ No deposit bonus.
  • Offers up to 50% deposit bonus.
  • Maximum leverage up to 1:888.
  • Minimum deposit and withdrawal from 5$ with fee covered by XM.
  • Best Customer Support.
  • More than 100 instruments to trade with.

Now you’ll love to open a trading account with XM. You can create a demo account if you new to Forex of you can open live account directly and start trading. Create an account from the below links and make sure that this Forex broker suits you.

Open Live AccountOpen Demo Account

 

 

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