Overall, XM is considered among the top 10 forex brokers in the world, a safe and trustworthy forex broker. XM offers a low minimum deposit and well-researched educational material. XM has 24/5 customer support with a user-friendly copy trading option for beginners. XM has a high trust score of 93 out of 99.
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.
Overall, XM is considered a safe broker and trustworthy forex broker. XM offers a low minimum deposit and well-researched educational material. XM has 24/5 customer support with a user-friendly copy trading option for beginners. XM has a high trust score of 98 out of 99.
FCA, IFSC, CySec, ASIC, FSC
Countries not accepted for trade
The United States of America
Micro Account; Standard account; Ultra Low Account; Shares Account
Account Activation Time
Less than 4 Hours
Yes, $30 and Up To $5000
Spreads from 0.6 to 1.7 pips
Commission-free trading depending on account selected
Desktop MT4 and MT5, Mobile MT4 and MT5,(Android & IOS) XM mobile app, Web platform
Tradable assets offered
Forex, commodities, cryptocurrency, shares, indices, metals, energies, options, bonds, CFDs, and ETFs
Languages supported on Website
No, just Spread
Customer Service Hours
Good for Beginners
Good for Experts
Regulations and Safety