XM Group Review

 

XM Group are one of the best forex brokers in my opinion, providing forex traders with demo and real accounts to trade forex online along with other asset classes such as stocks, indices, cryptos and commodities. Using the XM Group trading platforms provided, including the highly recommended MetaTrader 4 & MetaTrader 5 trading platforms, XM Group clients can quickly and easily place and manage trades on the forex market from desktop and mobile devices. There are thousands of trading instruments to choose from with tight spreads from 0.0 pips, low commission fees and reliable execution speeds at the best available prices. You can open an account from as little as $5 and start trading online within minutes.

XM Group is one of the largest forex brokers with a vast array of forex liquidity providers (LP’s) which ensures a huge liquidity pool which in turn gives retail forex traders access to some of the industry’s leading spreads, superior trade execution with minimal slippage and also allows XM Group to offer some of the lowest trading commissions to its clients. I find I can save a lot on trading costs and improve my trading conditions by using a forex broker on the scale of XM Group.

A reputable, reliable and good forex broker is half the battle when it comes to trading. Of course, trading emotions such as discipline, fear and greed also play a large part along with the manual forex trading system, automated forex trading system and money management that you have implemented.

With so many forex brokers to choose from, with XM Group you have peace of mind that they are strictly regulated by multiple regulative authorities, thus providing you with security to your funds and not leaving you to worry that they may try something untoward.

The XM Group is licensed by ASIC in Australia (Trading Point of Financial Instruments Pty Limited), by CySEC in Cyprus (Trading Point of Financial Instruments Ltd), by the IFSC in Belize (XM Global Limited) and by the DFSA (Trading Point MENA Limited), adhering to enhanced regulatory standards.

XM Group also has extremely low spreads on the XM Group Zero account with zero requotes (no slippage) and zero rejections – this means you get your trades entered and exited when you want them to. The broker has very flexible leverage options for all forex traders. Leverage depends on the financial instrument traded.

Furthermore, the XM Group support team is second to none, with 24/7 live chat available which from my experience give very accurate and prompt responses. They have clients in almost 200 countries and staff who speak around 30 languages, this backing up the fact that they are a globally renowned and huge forex broker, without losing focus on individual clients – all are treated equally whatever your trading experience or trading account size.

XM Group are transparent and fair with focus on the client, you even get your own personal account manager who is there for you to assist should you need them, other than that, they won’t bother you.

Deposits and withdrawals through XM Group are easy, fast and convenient. XM Group also provides free access to forex market research which can assist with your trading, forex market sentiment analysis (who is trading what and in what direction – great for contrarian trading!), free access to daily forex web seminars, unlimited access to video tutorials, daily access to forex signals, free daily technical analysis and much more.

What’s more is that XM Group have won over 30 forex awards and accolades, have over 16 trading platforms to choose from and 1,000+ instruments to trade.

In addition to an industry leading forex and CFD trading account, with XM Group you also get the following:

  • Personal Account Managers
  • Free Access to Forex Market Research
  • Free Access to Daily Forex Webinars
  • Unlimited Access to Video Tutorials
  • Daily Access to Forex Trading Signals
  • 16 Platforms to Choose From. Any Device, Anywhere
  • Free Daily Technical Analysis
  • Daily Forex Market Outlook
  • Free Forex VPS
  • Live Help

Markets

XM Group allow you to trade on great selection of financial instruments including forex, stocks, cryptos, commodities, indices, metals and energies. With a wide range of trading instruments available from a single multi asset platform XM makes trading easier and efficient.

You can trade the most popular forex currency pairs such as the EUR/USD, GBP/USD, USD/JPY, etc. Trading one of the most popular pairs that has the most liquidity usually means that you get the lowest possible trading costs which can give you a trading edge. Also, the most popular forex currency pairs tend to move the most and thus provide ample opportunities for all different trading styles – whether forex scalping, range trading or trend trading.

The XM Group vast selection of over 1,000 CFD trading instruments include:

  • Forex Trading: Trade 55+ global currency Pairs
  • CFDs on Indices: Trade Major global indices
  • Commodities CFDs: Trade Sugar, cocoa, wheat and more
  • CFDs on Stocks: Trade Over 600 companies
  • CFDs on Metals: Trade Gold, Silver, Palladium and more
  • CFDs on Energies: Trade Oil, Gas and all major energies

CFD Trading

XM Group offer CFD trading. A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying asset, without actually owning or taking physical delivery of the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange. You can buy or sell instruments depending on the direction in which you think the price will move.

For instance, if you believe the price may increase in value, you may look to buy a CFD instrument. If on the contrary, you thought that the price may decline in value, you might consider selling a CFD instrument. The difference in price between when you open and close the CFD position, is the profit or loss minus any brokerage fees such as spreads, commissions and swaps for holding positions overnight.

XM Group provide leveraged CFD trading which means that you can effectively trade a position size that is larger than your account balance would normally allow. If for example, you had an account balance of $1,000 and leverage of 1:100, you could in theory take a position size of $100,000. This is because $1,000 x 100 = $100,000. Whilst this may seem tempting as it means greater profit potential, it is important to be aware that leverage can also increase the risk of a trade and therefore the possible loss. Make sure you have a clear understand of what leverage is and how it works before you start trading leveraged positions with XM Group or any other investing broker for that matter.

Forex Trading

Participating in the forex trading market via a broker like XM means that the client receives access to real-time pricing of the forex market and is quoted buy and sell prices for a number of instruments via an online trading platform. The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish.

  • 55+ currency pairs – majors, crosses and exotics
  • 24 hours a day, 5 days a week
  • 16 Trading Platforms
  • Tight spreads and NO re-quotes
  • Trade the most liquid market in the world
  • Trade with NO hidden charges

Stock Trading

Stock trading involves buying and selling shares in companies in an effort to make money on daily changes in price. A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses. Trading stock CFDs allows customers to gain exposure to the price movement of different stocks without the ownership of the underlying asset.

  • Cost-effective and direct access to the global equity markets
  • Instant access to global economies
  • Speculation on market uptrends/ downtrends
  • Going short/long according to market moves
  • Suits both short and long-term trading strategies
  • NO extra fees apply

Commodity Trading

Along with the global currency exchange markets, commodity markets offer various investment opportunities for retail traders worldwide. Soft commodities such as sugar, wheat or corn have been traded for centuries, and investors’ preference for these financial derivatives is attributed to the major role they play in portfolio diversification and risk management.

Investing in contract-based tradable goods is a reliable means of risk mitigation even during times of inflation or economic uncertainty, ensuring both the contract buyer and seller against drastic price movements that may cause increased losses.

  • Trading without actually owning the financial instrument on which the contract is based
  • Instant exposure to global economies
  • Speculation on future uptrend/downtrend market price movements
  • Ideal also for beginner traders due to low deposits
  • Ability to go short and profit from falling prices
  • NO stock exchange fees

Equity Indices Trading

Equity indices, or stock indices as they are also commonly known, are actual stock market indexes, which measure the value of a specific section of a stock market. They are calculated based on a weighted average of the prices of selected stocks, which belong to the actual category that they represent. Stock indices can represent a specific stock market such as NASDAQ, or they can represent a specific set of the largest companies of a nation such as the American S&P 500, the British FTSE 100, or the Japanese Nikkei 225.

The purpose of the indices is to show the general direction of a specific stock market or of the general economy of a nation. However, since stock indices are composed of a basket of companies they can be very much affected by a big move of a specific company or by a big move of a specific sector of trade.

The actual weight given to a stock index from the underlying basket of stocks varies amongst the various indices, which means that not all use the same criteria to derive the end result. The two main ways to calculate the actual weight a specific underlying stock produces to the index itself is price weighting and capitalization weighting.

During any trading day, stock prices of specific companies will go up or down. Since a stock index is a compilation of a basket of underlying stocks, its actual price will move up or down based on the overall dynamics (mathematical and statistical formula) of which each stock price contributes to its final price.

  • Cost-effective and direct access to the global equity markets
  • Instant access to global economies
  • Speculation on market uptrends/ downtrends
  • Going short/long according to market moves
  • Suits both short and long-term trading strategies
  • NO extra fees apply

Precious Metals Trading

Gold Trading and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods. The contracts based on precious metals can include futures, spot prices, forwards and options.

The intermediary that enables futures contracts to be negotiated is the futures exchange, or commodity, market. Investors worldwide can access about 50 major commodity markets, with precious metals such as gold, silver, platinum and palladium as the leading tradable assets due to their high economic value and durability. While Asia is the worldwide largest precious metals market (China, India and Singapore being the top consumers of these commodities), the commodities market is dominated by European and American corporations, with the biggest precious metals companies based in Canada and Germany.

The futures exchanges market, where besides currencies and stock indices gold and other precious metals are also actively traded, is available 24 hours a day, except weekends. Generally, precious metals are purchased in two main ways: on spot contracts and on futures contracts. While spot contracts involve the physical buying or selling of these commodities for payment and delivery on the spot date (typically two business days following the trade date), futures are standardized contracts, mutually agreed on by two parties to buy or sell precious metals of a specific quantity and quality for a price agreed on (called futures price) with delivery and payment on a later date in future (called delivery date). The buying and selling of futures takes place without the actual physical ownership of the commodities traded and done via online trading.

The most frequently traded precious metals are gold, platinum, palladium and silver, and the high trading volume on these commodities is attributed to their retained intrinsic value, regardless of economic conditions. The preference for the online purchase, and even physical ownership, of precious metals as long-term investment has tremendously increased in recent decades. Trading precious metals also presents opportunities for those interested in short-term investment since derivatives and exchange-traded contracts are a less capital-intensive and simpler way to take a position on their price movements.

Futures contracts are so-called derivative contracts, meaning that their value derives from the performance of the underlying asset. One of the main purposes of investing in precious metals futures is risk mitigation: given the ability to the contract buyer and seller to fix prices or rates in advance for future transactions, they can both ensure against drastic or sudden price movements that may cause increased losses.

Precious metals can be traded in both directions: if the market is expected to move upwards (bullish trend) trades can be entered by purchasing a futures contract (going long) and exit the trade by selling it; while if there is anticipation of a downward movement (bearish trend), trades can be entered by selling a futures contract (going short) and exit the trade by buying a contract. The possibility is also given to trade multiple futures contracts, which involves making several separate entries and exits, that is, entering contracts at different prices and exiting at one price, or the other way round. The ability to trade in both directions allows investors to gain profits regardless of upward or downward market movements.

  • Trade gold and silver online with no-requotes
  • An attractive investment alternative beside Forex
  • Highly liquid markets
  • Go short or long with the same account
  • 16 Trading Platforms
  • Trade with NO extra fees

Energies Trading

The most typical feature of energy prices is high volatility, which is the result of numerous political and environmental factors that influence it. Many supply and demand factors also affect energy prices, the strongest of which is global economic growth. In times of economic prosperity, the demand for energies increases, while a decrease in consumption occurs when economy stagnates.

Beside economic changes, extreme weather conditions can also have a great impact on energies, leading to supply disruptions of crude oil, natural gas, or heating oil. As a result, such conditions can decrease or increase demand for many consumer services related to these energies. Moreover, global energy prices are highly affected by the political instability in some of the world’s biggest natural gas fields.

Oil trading is a globalized, 24-hour market, with its prices in constant motion. This makes it an ideal instrument for day traders who look for fast movements and choose CFDs as the easiest way to trade on oil prices.

  • High volatility – greater price movement
  • Trade oil – the most actively traded commodity worldwide
  • Go short/long according to market moves
  • Trade on a margin of as low as 5 USD
  • No overnight financing on oil CFDs
  • NO extra fees applicable

Platforms

XM Group provide traders with the popular and use-friendly MetaTrader platforms from MetaQuotes. These platforms are used by millions of traders all across the globe and are free to use on desktop, web and as mobile trading apps for iOS and Android compatible devices.

Established in 2000, MetaQuotes is considered as one of the leading developers of software applications for brokerages, banks, and exchanges. The company’s representative offices are located in many countries around the world. The company has developed a series of popular software products, from a simple FX Charts platform to the MetaTrader multi-asset trading platforms.

The company’s commitment to excellence and simplicity is highly appreciated by its customers. Today MetaQuotes partners with nearly a thousand of the largest financial institutions from around the world, including brokerage firms like XM Group. This is the result of professional competence and reliability of MetaQuotes.

You can use the MetaTrader 4 or MetaTrader 5 trading platform if you are new to forex trading as it is one of the quickest and easiest to familiarise yourself with online trading in my opinion. The main difference is that MT4 does not offer trading on stock CFDs.

XM Group MetaTrader Platforms
XM Group MetaTrader Platforms

MetaTrader 4

The release of the MetaTrader 4 platform in 2005 was a milestone for MetaQuotes and the online trading community. This was a completely new platform with an absolutely redesigned architecture and the new MQL4 programming language. MetaTrader 4 also featured revolutionary tools for the development, testing, and optimization of trading robots. It was this fourth-generation platform that made algorithmic trading available to the large number of traders from all over the world. The news about the new platform quickly spread around the world, MetaTrader 4 became the de facto standard in Forex trading and provided millions of traders with a reliable working tool.

MT4 is the predecessor of the MT5 trading platform. At XM, the MT4 platform enables trading on currencies, CFDs on stock indices, as well as CFDs on gold and oil, but it does not offer trading on stock CFDs. Clients who do not wish to open an MT5 trading account can continue using their MT4 accounts and open an additional MT5 account at any time.

Not only is MT4 considered to be the most popular online trading platform to access the global markets but it is also regarded as the most efficient software for retail foreign exchange trading (i.e. especially developed for individual online traders). Online (or electronic) trading platforms are computer-based software programs used to place trading orders for various financial instruments through a network with financial institutions (e.g. brokerage companies) that operate as financial intermediaries (i.e. facilitate online transactions between buyers and sellers by executing their trades). Online investors can trade on live market prices being streamed by trading platforms, as well as enhance their profit potential with some additional trading tools provided by these platforms such as trading account management, live news feeds, charting packages and can even use trading robots, also called expert advisors.

Currently, over half a million retail traders are using the MT4 platform in their daily trading practices, benefitting from its wide range of features that facilitate their investment decisions such as automated trading, mobile trading, one-click trading, news feed streaming, built-in custom indicators, the ability to handle a vast number of orders, an impressive number of indicators and charting tools. Suitable for both beginner and seasoned traders with versatile investment skills and practices, MT4 can be regarded today’s ultimate trading software in virtually every spot of the globe.

XM MT4 Platform
XM MT4 Platform

XM MT4 Features:

  • Over 1000 Instruments Including Forex, CFDs and Futures
  • 1 Single Login Access to 8 Platforms
  • Spreads as low as 0 pips
  • Full EA (Expert Advisor) Functionality
  • 1 Click Trading
  • Technical Analysis Tools with 50 indicators and charting tools
  • 3 Chart Types
  • Micro Lot Accounts (Optional)
  • Hedging allowed
  • VPS Functionality
  • Available on desktop, web and mobile

MetaTrader 5

MetaQuotes made a real breakthrough by releasing the MetaTrader 5 multi-asset trading software system in 2010. The new platform allows trading Forex symbols, stock instruments and futures. MetaTrader 5 features all the latest developments the company has to offer. The new product is much faster, more functional, more reliable and more convenient than previous-generation platforms. Millions of traders from around the world gradually appreciated advantages of the new platform which lead brokers to replace the outdated platforms with MetaTrader 5.

Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices CFDs, gold and oil CFDs, as well as stock CFDs. Your login details to the MT5 will also give you access to the XM WebTrader in addition to the desktop (downloadable) MT5 and the accompanying apps.

The XM MT5 platform offers all the pioneering features that the XM MT4 has to offer, with the addition of 1000 CFDS on stocks (shares), which makes it the ideal multi-asset platform. Trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and leverage from 1:1 to 30:1.

The biggest advantage that MT5 possesses over its predecessor is its flexibility to offer an extended number of instruments from various asset classes with different settings, all tradable from the same interface and the same trading account.

MetaTrader 5 (MT5) takes the famous charting package and the automated trading possibilities to a whole new level. All the features that made MetaTrader 4 (MT4) the platform of choice have been kept and have been upgraded to a more sophisticated back end infrastructure that can support trading on multiple instruments from various asset classes.

The multi-functionality of the MT5 platform includes powerful features, which were all developed with state-of-the-art technology and by keeping several major criteria in mind, the most important ones being the same second to none charting package, the possibilities and flexibility of automated trading (algorithmic trading) and now a diversity of markets supported.

For both beginner and professional traders MT5 ensures platform features and functionalities that are in line with the highest expectations of any online investor today. These include the variety of pending order types (buy limit, buy stop, sell limit, sell stop, buy stop limit, sell stop limit); a database that holds an unlimited number of trade positions that can be placed and the cutting-edge programming language MQL5 that allows traders to program their own trading robots and indicators customized to their individual trading preferences and choice of financial assets to trade on.

XM MT5 Platform
XM MT5 Platform

XM MT5 Features:

  • Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.
  • 1 Single Login to 7 Platforms
  • Spreads as Low as 0 Pips
  • Full EA Functionality
  • One Click Trading
  • All Order Types Supported
  • Over 80 Technical Analysis Objects
  • Market Depth of Latest Price Quotes
  • Hedging Allowed
  • Available on desktop, web and mobile

Tools

Whilst the XM MetaTrader 4 and MetaTrader 5 platforms should have more than enough trading tools to meet the demands of most forex traders, the broker also offers some automated indicators exclusively for subscribers to their VIP Education Package.

Automated Analysis

You can automate market analysis with the following indicators:

  • Ribbon Indicator – identify areas of consolidation for picking reversals
  • River Indicator – discover market trend direction and strength
  • Ichimoku Indicator – identify key support and resistance levels
  • Bollinger Bands Indicator – learn to trade market volatility and identify entry points in ranging markets
  • ADX and PSAR Indicator – find consolidation areas and the start of new trends
  • Analyser Indicator – analyse the market in seconds rather than hours to find market direction on various instruments

MQL5 Trading Signals

The MQL5 community is home to a massive array of trading signals from providers who have been performance verified over a one-month period. Since MQL5 is provided by the creators of MetaTrader, you can access MQL5 from within the XM MT4 and MT5 platform itself.

  • No installation needed as the service is already built-in
  • Large selection of signal providers to choose from
  • Easy to setup and use
  • No trader intervention required – trades are copied automatically
  • Can be used in conjunction with Expert Advisors
  • New generation cloud architecture minimizes execution latency on a global scale

You might want to perform some testing before making any purchases on the MQL5 Market and always keep in mind, there can be no guarantee on just how good or bad any signal service will be. Past performance should not be used as an indicator of future results.

XM Forex Calculators

The XM online calculators allow clients to make accurate assessments at the right time to make the most out of their trades. The all-in-one calculator, the currency converter, the pip value calculator, the margin calculator and the swaps calculator are available to help you evaluate your risk and monitor profit or loss for each trade you carry out.

All-in-One Calculator

With the all-in-one calculator you can calculate the required margin, pip value and swaps.

Currency Converter

The currency converter enables you to convert to and from various currencies by using live currency rates.

Pip Value Calculator

The pip calculator will help you determine the value per pip in your base currency so that you can monitor your risk per trade with more accuracy.

Margin Calculator

The margin calculator helps you calculate the margin needed to open and hold positions.

Swaps Calculator

By using the swap calculator, you can calculate the interest rate differential between the two currencies of the currency pair on your open positions.

Profit and Loss Calculator

The profit and loss calculator helps you evaluate the projected profit or loss from any transaction you intend to make in the forex market.

XM VPS

The XM VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. Taking advantage of this service enables you to make the most of the unparalleled execution of XM, without having to worry about other factors that can impede your ability to trade effectively, such as internet connection speeds, computer failure, or power cuts. Via the XM VPS, your EAs will be able to work nonstop, without you needing to monitor them or even have your computer switched on.

Clients who maintain a minimum trading account balance of 5000 USD, or equivalent in other currencies, are eligible to request for free forex VPS from the Members Area at any given time, on condition that they trade at least 5 standard round turn lots or 500 micro round turn lots per month. When qualifying for free VPS, the broker will also take into account any other trading account(s) that a client registered by using the same email address.

Clients who do not meet the criteria above can still request the XM VPS in the Members Area for a 28 USD monthly fee, which will be automatically deducted from their MT4/MT5 accounts on the first day of each calendar month.

  • Increase the Speed of your Trades
  • Enjoy Optical Fibre Connectivity
  • Accessible from any Location
  • Online 24 / 7
  • Ideal for expert advisors (EAs)
  • State of the Art Hardware

Education

The XM Group Research and Education center offers daily updates on all the major trading sessions along with multiple daily briefings on all critical market events which daily shape the global markets. Manned by 20 multilingual market professionals we present a diversified educational knowledge base to empower our customers with a competitive advantage.

Markets Overview

This section of the XM website gives you plenty of up to date news articles that cover the latest market news and movements. This is a great way to keep informed with what is going on around the world and why the markets are moving.

XM Research

In this section you will find plenty of market analysis in the form of technical analysis, fundamental analysis, price action analysis and much more. XM Group have perhaps the most thorough amount of content when it comes to market research. All of this substantial information is easy to digest and provided free of charge. It can be used to help inspire potential trade ideas and for managing any existing positions that you may hold.

Economic Calendar

The XM Economic Calendar is a great tool for following the date and times of news releases that can impact the global financial markets. The calendar displays the previous results, forecasted result and actual impact of all news releases. You can filter the economic calendar to display only the news that matters the most to you.

XM TV

There is a section on the XM website where you will find plenty of great videos that cover the latest market action in an easy to understand manner. The broker inhouse experts discuss market movements, research and analysis.

XM Podcast

Just like the XM TV section, the XM podcasts cover various market news in a way that is easy to understand. The podcasts are freely available and frequently updated, helping you stay informed with the latest global market movements from wherever you are, whenever you like.

XM Live

Learn about the products and services that the broker offers, get all your questions answered by hosts and enter daily competitions to win exclusive prizes.

Educational Videos

Because XM Group believe that with the right tools and guidance anyone can learn to successfully trade the financial markets, they have designed these special video guides to teach all interested viewers everything they need to trade successfully. The brokers primary video series is free to view and learn from for everyone interested in online trading, while access to the Intermediate video tutorials are only available for clients with an XM real account.

XM Trading Video Tutorials
XM Trading Video Tutorials

Forex Webinars

As an essential part of the brokers comprehensive educational program, they offer 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.

  • 19 Languages
  • 7 Days a Week
  • 75 Webinar Instructors

Forex Seminars

Since 2013, XM has regularly hosted free forex seminars in various parts of the world to educate online investors and help them develop their trading knowledge with the guidance of professional instructors.

The seminar topics they bring to traders, no matter whether they live in Europe, Asia, or Africa, are custom-tailored to their investment needs and trading abilities. The XM forex instructors walk the extra mile to provide practical knowledge and efficient trading tools on a wide range of relevant topics useful in today’s online investing.

The free forex seminars and workshops hosted by XM have two main criteria in view: easy to follow curriculum and easy to put into practice techniques. The wide range of seminar topics designed to meet the needs of traders with different skills, experience and investing needs cover all the quintessential aspects of online trading from the basics to the most complex technical analysis tools.

During the seminars, Internationally Certified Instructor and Portfolio Manager Avramis Despotis explains thoroughly the foundations of Technical Analysis and the “hidden relationships” of multiple time frames and how they are applied to intraday trading. The pinnacle of the seminar will be the practical application of multiple time frames and the use of volatility to find the best instruments to trade on a daily basis.

Learn to Earn Intraday Trading is the sequel of the renowned seminar Learn to Earn Multiple Time Frame Trading, tailor-made specifically for seasoned traders who have a grasp of Technical Analysis and want to intraday trade the markets. It does away with the theory of oscillators and indicators, and adds volatility trading techniques to complement the Multiple Time Frame techniques of the previous seminar in order to spot and execute the best trades every day.

MT4 Video Tutorials

The XM Group team put all their talent, knowledge and energy into developing video tutorials that can serve their true purpose and provide users with exactly what they require: answers. The broker has gone the extra mile to create an outstanding result: the XM learning tool for traders.

XM MT4 Tutorial Videos
XM MT4 Tutorial Videos

Conclusion

Overall, XM Group is clearly one of the best forex brokers in my view, primarily due to the strict regulation from multiple regulative bodies, the deep amount of liquidity pools and huge global presence. They have thousands of financial instruments to trade on user-friendly platforms with some of the best trading conditions you will find anywhere. All of these factors help to ensure that XM Group provides among the best possible trading conditions for forex traders.

Additionally, the minimum deposit requirement being so low, multiple account types, multiple trading platforms, vast array of financial instruments and free tools provided, all make XM Group a great choice for both beginner and seasoned forex traders. They even have free demo trading accounts if you are new to trading online and want to practice to begin with.

At XM what you see is what you get, with no hidden terms. Be that pricing, execution or promotions. What they advertise is what they give their clients, regardless of the size of their investment.

You can visit the XM Group broker website and open an online trading account by using the link below. It takes just a few minutes to sign-up and you can start trading right away. The XM Group customer support team are available around the clock to help you if required.

 

XM Group

XM Group

8.4

MARKETS

8.0/10

PLATFORMS

8.5/10

TOOLS

8.5/10

EDUCATION

8.5/10

PROS

  • Great selection of trading products
  • Very competitive trading conditions
  • User-friendly trading platforms and apps
  • Various account types and funding options
  • Fast deposits and withdrawals
  • Free forex trading signals
  • Free access to market analysis and research
  • Free VPS available

CONS

  • Cannot accept USA traders
  • Inactivity fees
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