XM UK Review 2021
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| XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. | ||
XM is a multiple award-winning broker that offers traders Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at XM.
In terms of features offered to traders, XM has Demo Accounts, Islamic Accounts and Signals but is missing Social Trading and Auto Trading.
Careful traders will be pleased to know that XM is licensed to provide trading services by multiple regulatory bodies, 3 in fact. Note, however, that the FCA here in the UK is not among them. Prudent traders might want the extra safety of going with an FCA-regulated broker.
XM Summary
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
Ratings
| Bonus | Free VPN Services |
|---|---|
| Instruments | Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs |
| Demo Account | ✓ |
| Min. Deposit | 5 $/€/£ |
| Min. Trade | 0.01 Micro lots |
| Regulated By | IFSC, CySec, ASIC |
| MT4 Integration | ✓ |
| MT5 Integration | ✓ |
| Mobile Apps | iOS, Android and Windows |
| Auto Trading | ✗ |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✓ |
| Islamic Account | ✓ |
CFD Trading
| FTSE Spread | 1.5 pts (var) |
|---|---|
| GBPUSD Spread | 2.1 (var) |
| Oil Spread | 0.05 (var) |
| Stocks Spread | 0.1% Var |
Forex Trading
XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.
| GBPUSD Spread | 2.1 pips (var) |
|---|---|
| EURUSD Spread | 1.6 pips (var) |
| EURGBP Spread | 2 pips (var) |
| Assets | 55+ |
Payment Methods
XM accepts the following payment methods:
- UnionPay
- Sofort
- QIWI
- Yandex Money
- Perfect Money
- Sticpay
- WorldPay
- Cashu
- Credit Card
Awards
XM is an award-winning broker, with 2 awards received so far.
- Best FX Broke Europe 2018 - World Finance
- Best Forex Execution Broker 2017 - Shares
XM vs Other Brokers
If you want to compare XM with other brokers, use the detailed comparisons below.
XM vs |
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| XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. | ||