{lang: 'en-US'} What is XM about? ~ ElliottFxTrader Blog

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What is XM about?

Founded in 2009, this leading European forex broker is growing bigger each day. Over 400,000 real account have been opened and continue to at a speeding rate due to its dedication to customer excellence.
Investors from across 196 countries around the world are able to trade forex, precious metals, stock indices and energies with the investment firm. Not only do XM off a strict no requotes and no rejections policy, but they also have the best execution rate and trading environment on the market.
XM complies with the legal and operational frameworks’ of its regulators, the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). The company is also registered with the New Zealand FSP, the UK’s FCA, and many other European regulatory bodies.

Trading with XM and Platforms

Investors can open a real account with XM in just minutes by completing an online form which is accessible in various languages. A variety of base currencies are also available as per the clients’ preference from the following options: USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGB and ZAR.

XM offers a flexible leverage ranging from 1:1 to 1:888 along with one of the lowest minimum deposits of 5USD to start trading, allowing even beginners the chance to experience real market execution on a budget.

Tight spreads are offered on over 60 financial instruments as well as fractional pip pricing in order to ensure that clients receive the most accurate pricing possible.

Investors are able to access 8 trading platforms all from one account with XM so that each individual has the flexibility to trade according to their preference which include: MT4 for PC and MAC, in addition to a variety of mobile apps that are compatible with most popular smartphones and tablets.

Account Funding
In order for speed and sufficiency, account funding is 100% automatic and all deposits are processed instantly 24 hours a day, 7 days a week.
Safety of clients’ funds is undoubtedly one of the most important policies XM takes with extreme care; all client funds are held in segregated tier-1 banking institutions to ensure client protection so that every trader is secure with them.

As well as XM offering a wide range of deposit/withdrawal methods to investors, an XM card is now available which can be applied for by all account holders. This allows even greater access to your trading funds as well as ATM use across the world and online purchasing. Three card types are available: XM USD MasterCard, XM EUR MasterCard, and XM USD Shanghai (China UnionPay) and each card is directly connected to an MT4 account.

Education, Loyalty and Support

XM is both a broker and an educator to their clients. Free online education is readily available to help traders make informed decisions and realize their potential trading knowledge.  Education with XM comes in the form of free weekly interactive webinars, bespoke MT4 tutorials, and regular seminars which take place all around the world.

Additional to an unbeatable trading environment, XM awards investors’ loyalty points based on their trading activity which can be exchanged into a trading bonus or real cash rewards. The loyalty scheme was implemented by XM to give something back to traders which they will receive for as long as they trade with the broker.

Anyone who holds an account with XM will already know that they have one of the best customer support departments in the industry. Not only are clients provided with a 24/5 network (now including weekends), but they also receive assistance in over 20 languages. XM representatives can be reached by email, live chat and telephone according to their preference and are assisted with both professionalism, care and a quality service.


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