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XM Description

XM Group was founded in 2009. Today, it is an award-winning multi-regulated broker - offering online trading , with an extensive range of trading services. 💪🤖

The group stands out as one of the largest brokers globally, renowned for its reliability, transparent trading, and exceptional customer support.

XM provides access to international financial markets with competitive spreads, rapid execution, and diverse account options tailored to various trading preferences.

XM traders enjoy instant, secure, and dependable access to over 1,400 assets seamlessly across popular platforms such as MT4 and MT5 on desktop and mobile devices. 🚀

Empowering traders with state-of-the-art tools and resources, XM cultivates a trading environment built on transparency, reliability, and trust.

Integrations

Reviews - 28 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
XM
Year Founded:
2009
Website:
www.xm.com
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Product Details

Platforms
SaaS
Windows
Mac
iPhone
iPad
Android
Type of Training
Documentation
Live Online
In Person
Customer Support
Phone Support
Online

XM Features and Options

Currency Exchange Software

Analytical Reporting
Client Management
Custom Account Statements
Data Backup Scheduling
For Money Exchanges
Margin Management
Market Data Access
Position Management
Real Time Currency Quotes
Real Time Tracking
Transaction Management
  • Name: Aiman B.
    Job Title: Quality Assurance Manager
    Length of product use: 1-2 Years
    Used How Often?: Weekly
    Role: User
    Organization Size: 100 - 499
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Pros and cons

    Date: Dec 08 2024

    Summary: Been here since 2022, even in that time, they did couple massive upgrades. More for the newer traders than me, but still.

    Positive: Easy payouts, good underlying systems (exec speed & no random requotes).
    Quality customer care, especially on email I like how they reply.

    Negative: Mostly people complain about the spreads, but that depends on the assets you trade, I go for currencies and metals more so, those work out fine.
    Competitions have become more strict I think.

    Read More...
  • Name: Luca V.
    Job Title: Corporate Strategy Consultant
    Length of product use: 2+ Years
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    What I like and dislike

    Date: Nov 27 2024

    Summary: I am satisfied with services they provide. Of course I like more things that dislike and since I can earn money here, then it means that the broker does everything well.

    Positive: I like that they have their own app. It's as functional as MT app. I compared them and decided to choose the former one. Plus, they have generous leverage size.

    Negative: I didn't like spreads for some currency pairs and cryptos widen much during peak hours. Do something with this!!

    Read More...
  • Name: Noel F.
    Job Title: Compensation and Benefits Manager
    Length of product use: 1-2 Years
    Used How Often?: Weekly
    Role: User
    Organization Size: 1 - 25
    Features
    Pricing
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    XM review

    Date: Nov 26 2024

    Summary: There are many things I like about XM. It may have flaws, but they are not crucial. So I am here then.

    Positive: I am a day trader here and I like the broker so far. Execution is very fast, this is what I need, imho.

    Negative: Spreads get wider than I expect, but this is ok for volatile markets.

    Read More...
  • Name: Cristian M.
    Job Title: Employee Wellness Coordinator
    Length of product use: 2+ Years
    Used How Often?: Monthly
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Pricing
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Copy trading service

    Date: Nov 22 2024

    Summary: All in all, I’m delighted with my cooperation with the XM broker and probably I’m going to provide my strategies also.

    Positive: I find it strange when nobody talks about the copy trading service. I have been using it for over 2 years and so far so good, it brings additional income to my pocket.

    Negative: The fees for using the copy trading could have been lower in my opinion.

    Read More...
  • Name: Christian F.
    Job Title: Chemical Engineer
    Length of product use: Free Trial
    Used How Often?: Monthly
    Role: User
    Organization Size: 1,000 - 4,999
    Design
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    My opinion about XM

    Date: Nov 19 2024

    Summary: My overall experience is positive and I appreciate my trading with XM broker. I will stay here for for now

    Positive: They have a lot of different assets for trading and it allows me to hone my trading skills faster and more efficiently.

    Negative: I have not had any problems here so far. so nothing to say

    Read More...
  • Name: Maximiano M.
    Job Title: Product Marketing Manager
    Length of product use: Less than 6 months
    Used How Often?: Monthly
    Role: User
    Organization Size: 1 - 25
    Design
    Ease
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    An overview of the broker

    Date: Oct 23 2024

    Summary: In fact, my experience has been favorable. There are some drawbacks but they are almost invisible. So I just wish them further development!

    Positive: I especially liked the variety of tradable markets and conditions on the account that I have chosen. By the way, if it's about accounts, then their diversity is also cool

    Negative: I didn't really like the fact that the broker doesn't share info about deposits and withdrawals on the site, not very convenient, tbh.

    Read More...
  • Name: Tiaan K.
    Job Title: SEO Specialist
    Length of product use: 1-2 Years
    Used How Often?: Daily
    Role: User
    Organization Size: 26 - 99
    Ease
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    All is good

    Date: Oct 15 2024

    Summary: have been trading with XM for more than a year and have never experienced any problems with withdrawals

    Positive: Solid trading conditions, wide market range, and hassle-free withdrawals. All I need is provided :)

    Negative: They could expand the payment methods, maybe allowing crypto too

    Read More...
  • Name: Fernando A.
    Job Title: Biomechanical Engineer
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    What I like and dislike

    Date: Sep 25 2024

    Summary: Overall experience is of course satisfying. There is nothing that can repel me much about the platform, just a robust one!

    Positive: I extremely adore that choice of tradable markets, turbo stocks, thematic indices, metals, fx pairs and so on! I trade many of them.
    + I want to add that their XM app is worth its weight in gold.

    Negative: Spreads for trading cryptos could be tighter, especially during peak hours in the market. Fortunately it's about cryptos only.

    Read More...
    XM Company Response
    Date: Oct 08 2024
    Dear Fernando, thank you for the fantastic review! We’re thrilled you love the variety of markets and the XM app! 📱✨ Your feedback on crypto spreads is appreciated, and we’ll keep working to improve. It’s great to hear you’re having a satisfying experience—happy trading!
  • Name: Ildes E.
    Job Title: Paediatric Endocrinologist
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Top of the chain

    Date: Aug 31 2024

    Summary: XM is a top-tier forex broker, no complaints really. I’d like to see some custom indicators from a broker like xm but that’s just nitpicking

    Positive: a. good amount of crypto CFDs. doesn’t cede some dexes
    b. popular copy trading community
    c. legendary execution

    Negative: i. no custom indicators
    ii. trading tournaments aree not regular

    Read More...
    XM Company Response
    Edited: Oct 08 2024
    Hi Ildes, thanks for the detailed review! 🙌 We're happy to hear you’re enjoying our crypto CFDs, copy trading community, and execution speed! 🚀 We appreciate your feedback on custom indicators and trading tournaments—always looking to improve! Stay tuned for updates, and happy trading!
  • Name: Hieu T.
    Job Title: Portfolio Manager
    Length of product use: 1-2 Years
    Used How Often?: Monthly
    Role: User
    Organization Size: 26 - 99
    Design
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Their copy trading service

    Date: Jul 31 2024

    Summary: In particular, I’m satisfied with the copy trading and it was my first time when I was using this service!

    Positive: I didn’t want to use the copy trading services at first but after all I decided to give it a shot and connected my trading account to the strategies of professional traders and now I’m getting a pretty good profit for doing nothing.

    Negative: The commissions for using copy trading are good but it would be great if they reduce them.

    Read More...
    XM Company Response
    Date: Aug 13 2024
    Hi Hieu, thank you for sharing your experience! 😊 We’re thrilled to hear that giving copy trading a shot has turned out well for you and that you’re seeing good profits. We appreciate your feedback on the commissions and will take it into consideration. If you need any more assistance or have further suggestions, we’re here to help! Happy trading with XM! 💪🤖
  • Name: Adhiarja A.
    Job Title: Pediatric Neurologist
    Length of product use: 6-12 Months
    Used How Often?: Monthly
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Forget the swaps

    Date: Jul 12 2024

    Summary: All in all it’s a suitable trading place for me mostly because of the Ultra low account opportunities, I mean the swap free feature of course. First of all i haven’t seen this anywhere basically. there are positive swaps, Islamic accounts but no broker gives you complete 0 swap fees.
    and since i trade long-term for the most part it’s a vital thing to have to reduce the end profit.

    Positive: Ultra Low accounts; many tradable markets to select from; deep and insightful analytics provided on a daily basis.

    Negative: Maybe i expected some custom indicators from such a renowned broker. also spot cryptos would be great to have, not just cfds

    Read More...
    XM Company Response
    Date: Aug 13 2024
    Hi Adhiarja, thank you for your detailed review! 😊 We’re delighted to hear you’re benefiting from our Ultra Low accounts and the swap-free feature. It’s great to know it’s making a significant difference in your long-term trading. We appreciate your feedback on custom indicators and spot cryptos, and we’ll consider this as we continue to enhance our offerings. If you have any more suggestions or need assistance, we’re here to help! Happy trading with XM! 💪🤖
  • Name: Wah .
    Job Title: Biomechanical Engineer
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 500 - 999
    Features
    Ease
    Pricing
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Extra tools are great

    Date: Jul 05 2024

    Summary: They have standard MT4 that I'm used to, but they supply a huge amount of additional systems/tools for their traders that allowed me to take my trading to the next level.

    Positive: - Technical summaries are great to learn and to see which assets are doing what
    - Trade ideas, same. They even show how "strong" the idea is, or how likely it is to succeed

    Negative: - Not the biggest fan of the UI
    - Adding web-trader other than MT4 might be good.

    Read More...
    XM Company Response
    Date: Aug 13 2024
    Hi Wah, thanks for your feedback! 😊 We’re thrilled that you’re finding our technical summaries and trade ideas useful for your trading. We appreciate your thoughts on the UI and the addition of other web-traders; we’ll keep this in mind as we work on enhancements. It’s great to know our tools and systems are helping you elevate your trading experience. If you have any further suggestions or need support, we’re here to assist! Happy trading with XM! 💪🤖
  • Name: Salik E.
    Job Title: Web designer
    Length of product use: Less than 6 months
    Used How Often?: Yearly
    Role: User
    Organization Size: 100 - 499
    Features
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Pros and shortcomings

    Date: Jun 21 2024

    Summary: Generally, my impressions are positive. The company is a renowned player in the game and I don't think there is anything bad about it, period.

    Positive: Division of accounts with various charatceristics is a highlight. One can find anything up to his taste and it's captivating.
    Additionally, the possibility to get into copy trading is another positive aspect.

    Negative: There isn't much to complain about, but I would say that fee for conneccting VPS is rather high.

    Read More...
    XM Company Response
    Date: Aug 13 2024
    Hi Salik, thank you for your positive review! 😊 We’re glad to hear you appreciate the variety of account options and the copy trading feature. Your feedback on the VPS connection fee is noted, and we’ll take it into consideration. Overall, we’re thrilled that you’re satisfied with your experience and recognize our reputation in the industry. If you need any further assistance or have more suggestions, we’re here to help! Happy trading with XM! 💪🤖
  • Name: Asmadi S.
    Job Title: Financial Analyst
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 100 - 499
    Features
    Ease
    Pricing
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    They are pro at MetaTrader, but not everything else

    Date: Jun 19 2024

    Summary: Probably the most full-fledged and comprehensive MT4/MT5 package I've seen. Using the platform for almost half a year, can say that no misquotes happened, and stop-losses are working fine for me during god candles, so thats what I'm most thankful for.

    Positive: They give you both MT4 and MT5, and also MT4/MT5 for Android, iOS and iPad, lots of features.

    I trade with MT4 on the web, its like a separate instrument. Don't need to download anything, get all the functions.

    No features missing even in web-trader, I feel. And I get to save all my charts for when I open it on another device.

    Negative: No other platforms available, like cTrader etc

    Also cant connect your acc to TradingView, this feature is not available at the moment, at least when I tried

    Read More...
    XM Company Response
    Date: Aug 13 2024
    Hey Asmadi, thank you for your detailed review! 😊 We’re glad to hear you’re enjoying the MT4 and MT5 platforms, including their web versions and comprehensive features. It’s great to know you’re satisfied with the stability and performance of your trading experience. We appreciate your feedback on other platforms and TradingView connectivity, and we’ll consider this as we continue to enhance our services. If you have any more questions or need assistance, we’re here to help! Happy trading with XM! 💪🤖
  • Name: See H.
    Job Title: Finance Manager
    Length of product use: 2+ Years
    Used How Often?: Yearly
    Role: User
    Organization Size: 100 - 499
    Features
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    All is good

    Date: Jun 09 2024

    Summary: I have been trading with XM for more than two years and this itself shows my opinion about this platform. It serves me well, and I am willing to recommend them to anyone who wants my opinion.

    Positive: Low trading costs.
    Truly wide range of tradable instruments.
    Excellent customer support.
    Helpful market insights.
    Stable trading terminal.

    Negative: I don’t have anything to point out as a drawback or suggest them to improve it.

    Read More...
    XM Company Response
    Date: Aug 13 2024
    Hi See H, thank you for your fantastic review! 😊 We’re thrilled to hear that you’re enjoying low trading costs, a wide range of instruments, excellent customer support, and helpful market insights. Your long-term satisfaction is our greatest reward, and we appreciate your willingness to recommend us. If you ever need anything, we’re here to support you! Happy trading with XM! 💪🤖
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