Haven't used Xm yet?
Ask AI

What reviewers say about Xm

Generated with AI from 156 reviews on Trustburn · updated 37 days ago

Customers generally describe Xm as reliable and user-friendly, frequently praising the execution speed, the range of tradable instruments, and responsive customer support across MT4, MT5, the web platform, and the mobile app. Several reviewers mention low spreads on the ultra low account, and most of those on file rate their experience four or five stars.
What does Xm do?

Xm is a licensed forex broker that offers online trading in forex, CFDs on stocks, stock indices, oil, and gold via the MT4 and MT5 platforms. The description on file specifically markets trade forex online with their branded service.

What are the most common complaints about Xm?

The critical reviewers most commonly note that fees are higher than at competing platforms, with one describing Xm as just an average company offering decent but unexceptional service. This reflects only the lowest-rated reviews on file and should not be taken as the overall picture of the business.

AI-generated from reviews on this page. Verify anything important with the company directly.

Rafa Salazar
Reviews 1

havign pretty decent spreads, lower than 0.8-.0.9 pips on ultra low account - that is the broker's big plus, tho i doubted spreads at first

Hatem
Reviews 1

i didn't know for sure how thei rplatforms would behave during my trading sessions (i trade major pairs), especially during volatile hours. After working with th eplatforms for almost 3 months, i can say they are steady, working equally fast and correctly under both normal and volatile cnditions

Kaenan Taylor
Reviews 1

I'm not convinced xm is a perfect broker, but generally, my experience has been nice, as they handled my high frequency trading without any major problems. The execution is reliable and the range of instruments is definitely a plus.

RodrigoS
Reviews 1

had to buy energy stocks and utility ones...🥲. Now looking with retrospect at S&P and NASDAQ, I see that energy stocks perform better than some of the AI stocks...still my portfolio shows 7% up ,glad that I diversified it. And of course I'm trading on a shares account. Have around here $15,000. That's my long-term growth

Brahman Kannan
Reviews 1

honestly, mobile application looks nice to me. All buttons can be found easily. No need to struggle with navigation. Pending orders always execute at the exact price I set.

Marzban
Reviews 1

I tried out every platform there, MT4, MT5, web-based and xm mobile app. Gotta say the last one impressed me most of all. It’s simple to use and at the same time it offers plenty of advanced features. However, i’m not sure about spreads on fx minor and exotic pairs...

O_Vergara
Reviews 1

From the first look, everything looked the same. Industry standard MT5, the same payment methods, order execution as it’s supposed to be. But, in some aspects, xm excelled. For example, swap free trading on ultra low account for fx majors or powerful trading tools, such as live analytics for various assets. I got better xp than I did on average.

Gustavo
Reviews 1

It seems XM has changed its referral system. Honestly, when I read all the terms and conditions about their new promotion, I was surprised a bit. Now it’s not only the person who invites someone getting rewarded, but the friend also gets a bonus. Makes the whole thing feel more fair and interesting. I invited 3 of my friends who are working with other brokers. So far I reaped enough bonuses.

Jerrold Callejo
Reviews 1

I started trading here when gold started booming. With the ultra low acc, spreads were surprisingly holding up well (0.20), but acc also features zero commissions + zero swaps

Wijaya M
Reviews 1

I’m focusing on two assets at the moment, nq and sp500. The experience is honestly way better than trading forex pairs or stocks… I think the reason is because the price action is very smooth and aligns my breakout strategy well. When it comes to the fees, they are tight too. Usually spreads are around 1 point or 2.

Trevor Mabuza
Reviews 1

it's been 2 years already with xm. Did both standard and ultra low ac trading. My focus is meatls, and both accounts have their own pros depedning what setups you use. Spreads are fair, nohting too costly. Considering to try the shares acc...

Maximiano
Reviews 1

The proprietary platform is definitely unique and is very different from MT4/MT5. First of all, their platform feels a lot more smoother, thanks to tradingview charts and modern interface. Secondly, it has AI tool inside that MT platforms lack. Finally, it doesn’t lag at all and is optimised well.

Wilfredo T. Orrantia
Reviews 1

Compared to typical CFD brokers, xm offered a better market selection. Not just the most popular assets, but something more unique, like soft commodities or intraday stocks, called turbo stocks. I dedicate a part of my portfolio to such assets, whenever a good entry pops up. What is interesting, spreads were still okay. I expected much wider spreads for such assets.

Silvestre_P
Reviews 1

Xm is a versatile broker. Many markets to select, even some custom ones, created by the broker, like thematic indices and turbo. But it wasn’t another gamified platform to attract people with flashy images. Solid broker with reputation that rarely let down on execution. Basically I tried everything there, except investing and holding real share (deposit of 10k isn’t manageable for now). The platform allows you to practice different things with pretty reasonable conditions.

Denis Amaya
Reviews 1

I tested stop-loss placement and other order types pretty early, since that’s core to how I trade. If the platform runs awkwardly, I prefer to avoid it faster. XM to my surprise, felt confident. However, it took a while to adapt to a mobile app.

Manolo_T
Reviews 1

For me it's stable, I know traders have different requirements, but it's stability here for me. Like this broker is really here and been here for years. Licences are here, but I think nobody questions them because now reputation of xm is established. One thing that left me wondering is the stocks cfds, those are various but feels like entire eastern market is missing... jp kr hk, these are important for some.

Ashwin
Reviews 1

For me, exploring new instruments and creating trading strategies tailored to each one is more fun than trading itself :) This is what keeps me engaged and motivated, while simultaneously trading my old and proven (and boring) setups. I am profitable on a few forex pairs, and this keeps my account alive. What I like very much about XM is that here the sky is the limit! So many new instruments that I have no experience with. Currently I'm all in thematic indices. They behave completely differently from the standard indices.

Alvar Millan
Reviews 1

I registered my ultra low account 6 monhs ago, and since then I've been enjoying it. The spreads are tight, it has no swaps and commissions - good. Wish they'd include bonuses there too

Garfield88
Reviews 1

Personally I’d go lower because xm doesn’t have what I need for my order flow trading strategies. To be fair 99% of brokers don’t have what I want and still need to use different software simultaneously. Anyway as a usual place for executing my day trades at reasonable prices, it’s a good one. I can even praise their analytical section. It’s clear that there is an effort

martinessobrinho43ss
Reviews 1

I shorted it on time, I knew the price was going to fall after the weekend's news. Earned about $200-$300 from one trade, spreads and swaps were low and unnoticeable.

teo angles
Reviews 1

My prev broker had very limited levereage for cfds on stocks. So, no wonder I moved away from them. And now with XM. Here there is a special feature - turbo stocks,. basiclly CFDs on stocks but with higher leverage, up to x50! That is really great. However, swap rates are not so optimal, need to mind holdign costs, but if u have good system, it is manageable

Samuel Martins
Reviews 1

sometimes during volatime market situations, spreads get widened on forex pairs - becomes a bit not so comfortable to trade...but in general it is alright the platfrom works fast

Kamal M
Reviews 1

I like how years passed and they didn't raise the spreads or any kind of other fees. You can still trade for low here, and shares' account is here too for 10k and 1;1 leveraeg and Im hopeing to try it one day. only problem i have with xm is their promos, next time can you make a promo with not so harsh requirements and just offer 2x depo without other things.

Kareem Abed
Reviews 1

They have both MT4/5 platforms, which have best algos out there in the market. I have bots for each platform, so I opened two ultra low acc and run several algos simultaneously in one VPS server. The server they gave me is good as well, it has 1-2 ms which is perfect for quickest platform response. As for the fees, they are not bad. No commissions really makes a difference

Trung
Reviews 1

Xm is nice because of the low fees and reliable executions. I’m trading nasdaq intraday, the spreads are always tight, and the orders fill in instantly.

Aydemir
Reviews 1

I don’t know what exactly i should write to say that this broker is okay and good for trading. Trading conditions are good, and the market range… they have all

Luan Correia
Reviews 1

I started to trade with xm, and now I don’t need to look for other brokers because they have everything. The new platform is cool, it has tradingview charts and ai inside. Probably they will advance their ai in the coming future. The conditions are also nice. The usual spreads I witness everyday is somewhere around a pip in ultra low account, very tight.

Siah Gao
Reviews 1

indeed, i did. Very quick for my trade orders. And it's been for around 4 months already. They've got quite sensitive platform. Gonna stay more with them for sure...

Simone Martin
Reviews 1

Two accounts: one that has average spreads but so many bonuses. other that has lower spreads and no swaps but no bonuses. More than fair choice imo

Isaac Mendonça
Reviews 1

not difficult for withdrawal I like it. I make request and just wait and they approve. Money come after some time but it was long. I think visa is long this is why skrill is better for withdrawal.

Hashim
Reviews 1

For sure spread could be lower on their standard account but im okay with what was already offered. Leverage was fine too, not too big, enough to trade with my small account, not risking much.

Gabrio Herrada
Reviews 1

safe broker, got my money out every time that I wanted. And they have 'sales', bonuses, each time, at the start of new year, so makes sense to join imo

Murilo Goncalves
Reviews 1

Smooth app, it’s easier to trade when I’m in the gym or somewhere else, I mean I’m not “trading” there... It allows me to keep an eye on my positions and close them in case something happens.

Oscar Quigley
Reviews 1

I agree with the sentiment here, indeed xm broker deserves the score they get on the trustburn. They have it all: my favourite mt5 with unlimited indicators, low spreads, many assets to have consistent trading opportunities. For the most of the time I traded index futures. Spreads ok, execution is what I like about these assets, pure technical movement, no requotes, everything is clear

Anthony
Reviews 1

xm been nice to me - i mean the platform is a flexible: convenient for majors and crypto Plus the manager was very supportive even when I was stubborn - true client approach;)

Frasco A
Reviews 1

I enter the trade where I see well formed pattern. The platform here has TV charts, it is very helpful for charting and to see patterns. Spreads are pretty tight, so no issue on that. Leverage is normal as well. However, support team is not always that responsive, perhaps they get busy sometimes

Salim Gerges
Reviews 1

My withdrawal went fine, no issues. Lots of ai stocks here, I trade like a dozen. Most of them move like memestocks, can be up or down 5-10% on the day. Dont even have to use high leverage, and most ofthem follow technicals pretty well.

Nimman Srisai
Reviews 1

I knew there was gonna be more promo until the end of the year, and I was right. GOod bonuses, I thought I think its less than one month tho..

Luciano Sa Lopes
Reviews 1

No one remembers your good entries, everyone remembers your bad exits. That’s what I learned while trading there. Market intelligence is cool, but want to see more trade ideas.

Saood el-Awan
Reviews 1

I speak about copy trading service, as well as what support they gave me from the analytical side of trading. After joining xm, I switched from trading for minus, to plus. Pick up some low risk setups, while waiting for more rewarding ones on my platform. Costs are fine, execution is even finer. No reason to chase other brokers for now as far as I’m good

Bartu_B
Reviews 1

The problem of most traders is they look for signals, only a small part of retail traders look for self awareness. And guess who lasts longer? Obviously, those who are striving to assimilate new information. XM shares with us many trade ideas, they just give overviews. and I think it’s the best way to improve your reading of finacnial markets and make final decisions yourself.

haitu387
Reviews 1

XM has given me this chance of not just trading but leraning as well. I mean heir comfortable trading conditions go well on par with the learning tools they got there with daily market analysis and trading central insights. I love when the broker does this sort of combination making the trading expereince deeper and rooted in he real world events,it gives a sense of connection between crowd psychology with finance shifts. And that's what I see when doing gbpusd, gbpjpy trading. Well-equipped 🦾

Toni Reyes
Reviews 1

They had it. My already tested way of deposit and withdrawal. Why I prefer this method. Safe and much faster than bank card. Xm has it and approves my requests fast.

Halil Yılmaz
Reviews 1

And it went torugh easier than i expected the procedure it would be. Just placed the inquiry, chose amount and ban card, and that was all. The next day funds arrivedAnd it went torugh easier than i expected the procedure it would be. Just placed the inquiry, chose amount and ban card, and that was all. The next day funds arrived

ReomeuB
Reviews 1

I have been trading with the broker for already, mm, around 2.5 years actually. So far it has been really good. First I was on standard account, then I moved to ultra low one. The reason I moved is spreads, here I have tight spreads which is good for intraday trading. Also, there is wide pool of trading instruments, it is a big plus. When some market is inactive, I change my focus to another. The platfrom is fine too, no glitches here at all. WIthdrawals are fast.

Morgan Durgan
Reviews 1

The mobile app was updated and it doesn’t even overload you with widgets. Adding the TradingView was great, charts and orders stay front and center. using skrill wallet to withdraw it was filled in hours

Chibale Maroun
Reviews 1

I thought it doesn’t matter to choose the right broker if you have a solid trading plan. But now I see how execution quality plays a huge role in successful trading, I was lucky enough to come across XM broker accidentally. Quick profit, and here we go, I made a withdrawal for the first time through a bank card, no weird delays, no strange questions.

lcdinh
Reviews 1

Normal fees once I switched to ultra low account. It wasn’t that way on a standard one. Spreads were almost twice as high and there was no swap free option. Now it’s better…

Haliman Wang
Reviews 1

I think this part of the broker is left without attention, not provided enough recognition. For me, it was something that stood out, because everybody can provide an MT account and spreads below 1 pip, but really useful insights, rarely. I watched their live TV, basically everyday and the impact on my trading was sufficient. Stable 50% wr, less emotions, a lot credit goes to xm.

Pasut Palapol
Reviews 1

I use XM for some time now… the charts is really nice, easy to use and got many indicator I can watch forex and crypto fast and make decisions more quickly sometimes it lag little in big market moves bit annoying, but not often… also like how I can customize and save templates and make comparing pairs more easier overall charts is solid, help me plan trades better; even if small things can be improved - still good

Ezequiel Callejo
Reviews 1

yet another promo from xm and I never go tired from these because they always bring some goodies, and now its bonus on deposit. Glad to know they included btc too not just forex, because btc is now trending and I just like it more :)

Hugo Paes
Reviews 1

low friction to register and to trade. Solid choice imo, I dont even have my PC now and still could do it, through phone.

Devasagayam
Reviews 1

they are still decent broker, 15 years anniversary which is impressive achivement. Conditions are not worse, spreads are the same, I ike it overall.

Questions & Answers

No questions yet — be the first to ask.

News & Press

No news yet. This is where the business shares its own updates and press.

Photos

No photos yet. Photos shared by reviewers will show up here.

Widgets

Boost your business trust by displaying widget on your website — its a simple way to convert your visitors into customers.

Embed code

<script src="https://trustburn.com/widgets/index.js"></script>
<div class="trustburn-widget" data-trustburn-protocol="https:" data-trustburn-domain="trustburn.com" data-trustburn-widget="score" data-company-path="xm" data-lang="en"></div>
More widgets

About Xm

Forex, cfd trading on stocks, stock indices, oil and gold on MT4 and MT5. Trade forex online with XM™, a licensed forex broker.

Xm: Your Ultimate Forex Trading Partner

Are you looking for a reliable and licensed forex broker to trade forex online? Look no further than XM™. With over a decade of experience in the industry, XM™ has established itself as one of the leading forex brokers in the world.

At XM™, we offer our clients access to a wide range of financial instruments, including forex, CFDs on stocks, stock indices, oil and gold. Our trading platforms MT4 and MT5 are designed to provide traders with an intuitive and user-friendly trading experience.

Why Choose Xm?

There are several reasons why you should choose XM™ as your preferred forex broker:

1. Regulated Broker

XM™ is a regulated broker that operates under strict regulatory guidelines set by some of the most reputable financial authorities in the world. We are licensed by CySEC (Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investments Commission), IFSC (International Financial Services Commission) and FCA (Financial Conduct Authority).

2. Competitive Spreads

We offer competitive spreads on all our financial instruments, starting from as low as 0 pips on major currency pairs such as EUR/USD.

3. No Requotes or Rejections

At XM™, we believe in providing our clients with fair trading conditions. That's why we don't have any requotes or rejections on orders.

4. Negative Balance Protection

We understand that trading can be risky at times; that's why we offer negative balance protection to ensure that our clients' accounts never go into negative territory.

5. Multiple Account Types

We offer multiple account types to cater for different types of traders – from beginners to professionals – including Micro Accounts, Standard Accounts and Zero Accounts.

6. Educational Resources

We believe that education is key to successful trading; that's why we provide our clients with access to a wide range of educational resources such as webinars, seminars, video tutorials and more.

7. Multilingual Customer Support

Our customer support team is available 24/5 via live chat, email or phone in over 30 languages to assist you with any queries or issues you may have.

Conclusion:

In conclusion,XM™ is an excellent choice for anyone looking for a reliable and regulated forex broker offering competitive spreads on multiple financial instruments through user-friendly platforms like MT4 & MT5 . With its commitment towards fair trading conditions ,negative balance protection ,multiple account types ,educational resources & multilingual customer support,XM ™ stands out among other brokers . So if you're ready to start your journey into online Forex Trading then sign up today!

Website
xm.com
Address
12 richard and berengaria street