XM Group Review 2025: Pros, Cons, & Fees

The forex webinars are available 19 languages, 7 days a week with 65 webinar instructors. XM Group has a vast range of educational materials within the research and education center. This includes daily market updates, economic events, tutorial videos, webinars, seminars and more. This section is frequently updated by 20 multilingual market professionals providing a diverse library of knowledge to assist traders of all levels, from the novice to more advanced trader. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address.

• XM provides traders with a secure and convenient way to manage their funds, offering a wide range of deposit and withdrawal methods to cater to clients worldwide.
• When our experts emailed XM Group support, they expected an answer within 24 hours.
• It’s important to note that the total number of instruments and available asset classes may vary depending on the chosen trading platform — whether it’s MT4, MT5, or the proprietary XM mobile app.
• However, investor accounts are currently unavailable for residents of South Africa.

XM Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts. XM Group monitors the latest industry trends to keep up to date with innovative technologies and to be able to adapt to clients ever-changing and demanding needs. They do not compromise on trading performance which ensures they offer some of the lowest spreads and fastest execution speeds whilst remaining versatile to ensure you can trade in comfort. Yes, XM provides free VPS hosting for eligible traders to ensure stable and fast execution for automated trading strategies.

Deposits

For example, XM charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. XM offers traders a diverse range of tradable instruments across various asset classes, enabling them to build diversified portfolios and access a wide range of market opportunities.

XM Group offers a diverse range of trading account types designed to cater to the unique needs and preferences of its global client base. By providing multiple account options, XM account diversion ensures that traders can select the account that best aligns with their trading style, experience level, and financial objectives. It offers all the features of the Standard Account, including negative balance protection, hedging capability, and a minimum deposit requirement of just $5. Traders can open up to 300 open positions or pending orders simultaneously.

Standard Account

By sharing strategies, they can earn up to 50% profit share when others copy them. Investors automatically mirror trades, allowing managers to profit from performance-based fees. Depositing and withdrawing funds with XM is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world. XM Group offers a range of trading platforms to suit different preferences and trading styles.

Non-trading fees

From a third-party standpoint, XM’s affiliate program is one of the most competitive globally, offering top-tier commissions, rapid payments, and excellent partner support. With 200,000+ partners, its success stems from high conversion tools and global trust. In addition to 1,337 stock CFDs, XM also gives traders direct access to 100 individual shares. This allows clients to take actual positions in specific companies, not just speculate via contracts for difference.

Cent account but the balance shows in Dollars I tried to find any other broker with this family and I could not find one. From xm trading app, where I can trade anywhere and perform comfortable chart analysis, knowing its app. They sure can provide some lower prices, just look at the ultra low and compare the spreads with popualr platforms. XM offers free webinars presented by highly skilled forex professionals who joined forces under the guidance of the Guru to provide free interactive webinars available for anyone on the globe. The broker’s emphasis on transforming beginner traders into expert traders makes it stand out amongst its competitors.

This broad selection of forex pairs ensures that traders have plenty of options to choose from, allowing them to trade based on their analysis and risk appetite. These services, combined with XM’s user-friendly platforms, provide an enhanced trading experience, designed to meet the needs of both novice and experienced traders. XM offers a comprehensive range of trading instruments across different asset classes, allowing traders to explore diverse markets and find opportunities that best match their trading strategies.

Is XM’s educational material beginner-friendly and multilingual?

XM Group also supports cryptocurrency trading, offering popular digital assets such as Bitcoin, Ethereum, and Litecoin. Cryptocurrencies are known for their volatility, which provides traders with the potential for significant profits. XM’s crypto offering allows traders to take advantage of this volatile market without the need to directly buy or sell the underlying cryptocurrencies.

Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Yes, XM Group features a loyalty program (earning XM Points for trading), referral bonuses, and trading contests. However, the availability and terms of bonuses vary by region and should be reviewed carefully. No, XM Group does not accept clients from the United States, Canada, Israel, North Korea, and Iran due to regulatory xm group restrictions. Spreads start from 0.6 pips on Ultra Low accounts and 1 pip on Micro and Standard accounts.

This means that I can test most brokers with a platform that I am already familiar with. You wouldn’t want to master one platform only to be disappointed if you want to switch brokers and the platform is not available. Other prominent MT5 brokers to consider who are on par with XM include FP Markets. XM spreads start from 0.6 pips for Standard and Micro accounts, while XM Ultra Low accounts offer spreads as low as 0.0 pips. XM provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to various trader needs and strategies.

Negative Balance Protection

Withdrawals must first be processed back to the original deposit source before other methods can be used. Complete the easy sign-up process at XM Group today to start trading with one of the best brokers around. As an XM Group client, you can open up to a maximum of 200 positions at any one time (including pending orders). If you want to trade larger quantities, you can either trade via phone or split the order into smaller sizes. If you choose to use MetaTrader 4 when trading with XM Group, you can place four different types of orders; market orders, limit orders, stop orders, and trailing stop orders.

Don’t worry, you can use the brokerage’s VPS for a small monthly fee of 28 USD. While conducting this XM Group review our expert team found that you can gain free access to a VPS. All you need to do is maintain a minimum amount of 5,000 USD to use the XM Group VPS without charge.

At XM Group, traders incur a swap fee for holding open positions overnight, which reflects the interest rate differential between the currencies in a pair. Once confirmed, you’ll gain access to your trading dashboard, ready to explore features and complete identity verification later for full access. Traders from these regions will need to look for alternative brokers that are properly licensed to operate in their jurisdiction. XM does not have a crypto funding method, which is a bit of a let down considering that many traders have crypto wallets these days.

• That said, XM lags behind top-tier brokers when it comes to competitive pricing and range of markets, which may limit its appeal for more advanced or cost-sensitive traders.
• XM invests in robust infrastructure and advanced technology to minimize downtime and ensure that its platforms can handle high trading volumes and market volatility.
• With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.
• MetaTrader 4 features various useful tools and functionalities to help you make savvy investments.
• XM Group provide you with very good proprietary trading tools for the MetaTrader 4/5 trading platforms.
• The XM mobile app is available for both Android and iOS, offering secure login options such as fingerprint and face recognition.

There are no commissions on most accounts except the Shares account, where costs vary by the exchange. It’s important to note that bonuses and promotions may vary by region and are subject to terms and conditions. Traders should always read the fine print before participating in any promotional offers. All instruments are offered as CFDs (Contracts for Difference) with leverage, enabling both long and short positions without owning the underlying asset.

These instruments offer traders the opportunity to hedge against inflation and diversify their portfolios, especially in volatile market conditions. The platform employs advanced encryption technologies to secure all transactions and sensitive data. Negative balance protection is also in place, preventing traders from losing more than their deposited funds in volatile market conditions. The live chat feature at XM Group is the superior customer support option. The live chat agents are friendly and knowledgeable, and you can access the service on desktop and mobile.

It is authorized by major regulatory bodies including ASIC, MiFID, and the FCA in the UK. The trust score of 88, as rated by ForexBrokers.com, indicates a “Trusted” broker. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.

XM has most of its platform tutorials, as well as other educational content, available on its YouTube channel. Unfortunately, our XM reviewers found that this is only provided in English and does not seem to have captions enabled for other languages. This gives you a chance to trade currency pairs you may not find elsewhere, such as AUD/NZD or EUR/HUF.