Xm forex 1

XM Group Review.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.28% of retail CFD accounts lose money. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


XM Group is a MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research.


That said, XM falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space.


Trade Forex with Ultra Low Spreads.


(78.28% of retail CFD accounts lose money)


XM pros & cons.


thumb up off alt Pros.


Offers 1,230 CFDs, including 57 forex pairs. Autochartist and Trading Central complement in-house research offering. The XM Shares account requires a $10,000 deposit if you want exchange-traded securities (non-CFD). Excellent research content that includes daily videos, podcasts, and organized articles. In-house broadcasting features TV-quality video content, and live recordings. A comprehensive selection of educational webinars, articles, and Tradepedia courses. Offers full MetaTrader suite — which features signals market for copy trading, along with Analyzzer algorithm.


thumb down off alt Cons.


Standard account spreads are expensive compared to industry leaders. Average spreads are not published for the commission-based XM Zero account.


Overall Summary.


Feature XM Group Overall Rating Trust Score 90 Offering of Investments Commissions & Fees Platform & Tools Research Mobile Trading Education.


The ForexBrokers.com annual forex broker review (six years running) is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. Here's how we test.


Is XM Group safe?


Trust Score.


XM Group is considered average-risk, with an overall Trust Score of 90 out of 99. XM Group is not publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Learn more about Trust Score.


Feature XM Group Year Founded 2009 Publicly Traded (Listed) No Bank No Tier-1 Licenses 2 Tier-2 Licenses 1 Tier-3 Licenses 1.


2023 Review Methodology.


For our 2023 Forex Broker Review we assessed, rated, and ranked 60+ international forex brokers over a three-month time period resulting in over 50,000 words of published research.


Each broker was graded on 113 different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure. Read about Trust Score here.


As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy.


Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Learn more about how we test.


Forex Risk Disclaimer.


There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.


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About the Editorial Team.


Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).


John Bringans is the Senior Editor of ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.


Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.


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