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
Not a good trading broker. They never pay a profit.
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Slow withdrawals
Slow withdrawals. It took them almost a month. Had so many follow ups.
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Lose huge money
I have lost huge money. I regret using their signals and services.
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Worst signals
The worst decision I have ever made is to trade with this broker. The signals are really the worst.
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Bad company
I got a cold call from this company. People are very arrogant. Have forced me to provide bank details over the phone.
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Poor services
Poor broker service. Do not trade with them.
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Worst broker
Not a bad broker, but worst. They approved all my withdrawal requests.
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Poor services
Poor services. trade with other brokers, not with them.
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Inaccurate signals
Not an ideal trading broker. The signals are inaccurate.
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Scammers
Notorious scammers. Avoid dealing with them.
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Weak broker signals
I am happy with the trading terms but not with the trading profits as if signals are weak.
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Bad broker service
Bad broker service. Very manipulative and do not listen to client concerns.
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Lost so much money on this
I advise everyone to take the time to read reviews prior to trading. I have traded with this broker and have lost so much money.
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Lose huge money
I have lose huge money. I regret using their signals and services.
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Bad broker
I had hard time requesting for withdrawal. Bad trading broker.
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