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XM Review - Reputation

Looking for a reliable online Forex broker with superior services? XM is the right choice for you. It is considered today as one of the most progressive online Forex trading and commodity trading broker that has a wide array of options - aside from Forex itself - such as precious metals, energies, and stock indices.

Established in 2009, you can definitely say they are a pioneer in the trading industry. Over the years of maintaining their services on top, XM gained its reputation through business transparency, professional client communication, and great trading conditions - which also happened to be their core values as well as a business.

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Bonuses & Promotions

XM Forex homepageOn the other hand, XM offers a $30 bonus on live accounts without any deposit requirements. You only need to register to a live account and you can immediately get the bonus. Real bonus, it is. Plus, the deposit bonus can reach up to $5,000.

Regulations

XM is financially operating under the European Union Authorization's full support including AFM, CNMV, FI, FIN, and BaFIN. The broker firm is also regulated by CySEC, ASiC, and FSP.

The company offers MT4 or Metatrader 4 - one of the world's most reliable trading platforms.

Aside from their awesome features, there's one thing that made me instantly love this broker - their friendly and accommodating customer support. When I called to ask about the margin and the bid, I was given a very clear, and concise explanation on how it works unlike my experience with other brokers. And wherever you are from, they have multilingual personal account managers who will assist you professionally via chat, email, or phone.

Deposits and Withdrawals

Deposit and withdrawal wise, XM has the lowest minimum deposit amount thus far among its competitor brokers. For only a meager $5 per deposit, you are good to go! And that's just the beginning of its awesome features. Despite its low deposit minimum, it has, in contrast, the highest leverage ratio at 888:1! Isn't that a huge deal? Of course, it is.

They offer various deposit and withdrawal methods to cater to the different needs of traders from all over the world. They accept all major debit and credit cards, such as Union Pay, and Diners Club, other multiple bank transfer options, online payment solutions like WebMoney, Skrill, Neteller, CashU - to mention a few.

Account Features

Another unique feature of XM is that they also furnished their support to allow for those who wish to trade based on their religious principles. They called that feature as "Islamic Accounts". Thus, their range of cutting-edge trading tools and platforms provide nothing short of excellent user experience.

Conclusion

In conclusion, XM is a valuable choice for traders who are after a well-designed, intensive platform to optimize their trading style and needs. And every trader is after that. XM has a total score of 99.35% in trading efficiency. The trading firm is one to watch because it continually adapts to the changing Forex market environment. Something that new and experienced brokers can really rely on.

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