XM Review (2021 update) The right broker for you
General Information |
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Broker Name: | XM.COM (Trading Point of Financial Instruments Ltd.) |
Broker Type: | Forex |
Country: | Australia |
Operating since year: | 2009 |
International offices: | Cyprus, Belize |
Regulation: | CySEC, FCA 120/10 |
Address: | No.5 Cork Street, Belize City, Belize, C.A. |
Broker status: | Regulated |
Customer Service | |
Phone: | +501 223-6696 |
Email: | [email protected] |
Languages: | English, Spanish, Russian, Chinese, Arabic etc. |
Availability: | 24/5 GMT |
Trading | |
Trading Platforms: | MetaTrader 4 |
Trading platform(s) timezone: | GMT+2 |
Demo Account: | Yes |
Mobile trading: | Yes |
Web based trading: | Yes |
Bonuses: | • A $30 no deposit bonus offered to all new clients; • An instant and automatic 100% bonus upon executive level entry to the XM Loyalty Program; • A monthly opportunity to win $50,000 and gain entry to the final round of the Forex World Championship (Prizes include: $500,000 in cash prizes, and 12 rounds of $1,000,000 in prizes) |
Other trading instruments: | Forex, stock indices, oil and gold |
Account | |
Minimum deposit ($) | $5 |
Maximal leverage (1:?) | 1:888 |
Spread | Variable |
Scalping allowed | yes |
Overall
4.6
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Support
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Platform
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Spread
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Trading Instrument
Bad broker
They hand up on me on topics of withdrawals but are very prompt on deposits. Bad broker.
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Poor trading company
Poor trading company. They do not approve withdrawal requests.
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Rude
Rude brokers and customer service. They are just after your money.
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Poor customer service
I am very disappointed with their customer service. Aside from the long wait time, they sounded unamused and a bit rude.
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Worst broker
Worst forex broker I have seen. They can’t even give me decent profit and troubled me in processing withdrawals.
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Slow withdrawals
I have used their services for several months, slow withdrawals.
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Nonsense broker signals
Nonsense broker signals. They come up with market movement analysis that are really not good at all.
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