Established in 2009, XM Broker initially focused on catering to a specific segment of the trader market, specializing exclusively in intermediary services within the foreign exchange market. Over the years, the company has achieved substantial success and witnessed significant growth. Known for its reliability and safety, XM has expanded its reach to become an international broker, serving clients in almost 190 countries worldwide.
Having attracted over 5 million traders during its decade-long journey, XM Broker stands out by offering unique technological solutions. The company has earned recognition as the Fastest Growing Broker and the Best Forex Service Provider, among other notable achievements. The dedicated team at XM Broker remains committed to ongoing efforts aimed at enhancing the quality of services provided, demonstrating a steadfast commitment to delivering the best possible experience for their traders year after year.
Trade with this broker, if:
- Platform reliability is of utmost importance to you. The broker has been in the market for many years, operating in 190 countries, and is regulated by three organizations: FSA, ASIC, and CySec.
- You are willing to learn while trading. XM Group is one of the few brokers that not only provides basic educational materials on its website but also regularly conducts webinars and even offline meetings in 120 cities worldwide.
Do not trade with this broker, if:
- You do not use MT platforms. This is a common issue with many brokers as they typically support MetaTrader 4 or MetaTrader 5, and rarely offer trading through cTrader, RTrader, or other platforms. XM Group also offers the traditional options..
Expert Review of XM Group
For those seeking professional trading with swift order processing and competitive commission rates, XM Broker is a secure recommendation. One notable aspect is its possession of licenses from four prominent global regulators simultaneously—ASIC (Australia, ACN:164 367 113), FSC (Belize, 000261/397), CySEC (Cyprus, 120/10), and DFSA (UAE, F003484).
Another key feature is the diverse range of account types. XM Broker ensures consistent execution quality across all account categories, minimizing requotes, slippages, and ensuring instant order matching with counterpart transactions. The leverage levels comply with European standards, aligning with the MiFID directive followed by all CySEC licensees. The broker maintains an average market spread, and for clients under the EU-regulated entity of the XM Group, the maximum leverage is set at 30:1.
Additionally, XM Broker offers attractive conditions for novice traders, with a minimal deposit requirement of just 5 US dollars. The availability of cent (micro) accounts with a lot size of 1,000 units enhances accessibility for beginners. Thanks to its sophisticated services and cutting-edge platforms, XM Broker rightfully holds a prominent position in the Traders Union rating as one of the top companies in the industry.
Investment Programs, Available Markets, and Products of the Broker
XM Broker is dedicated to delivering professional trading services, with a clear focus on active trading, as its policy does not encompass passive investment programs. Nevertheless, recognizing the importance of assisting active traders, the company offers a range of support services, which warrant closer examination.
XM Broker affiliate program
XM Broker provides a single variant of its affiliate program, featuring a one-time reward ranging from $450 to $650, depending on the country of each referred trader.
Key advantages of the XM Group’s affiliate program include:
Marketing Support: Access to over 20 banner options in 25 languages, click tracking links, and ready-made websites and landing pages.
Dedicated Partner’s User Account: Partners have a separate user account allowing them to track statistics and conversion for each campaign created, categorized by factors such as country and age group.
Personal Account Managers: Partners benefit from personal account managers who provide support and assistance.
Weekly Payouts: The program offers weekly payouts, ensuring timely and consistent compensation for partners.
For more detailed information on the terms and conditions of the partnership program, individuals are encouraged to reach out to the support service.
Detailed Review of XM Broker
With over a decade of experience, XM Broker stands as a prominent European broker within the Forex services sector. Over the years, the company has established itself as a leader, driven by an innovative technological foundation that surpasses many competitors. Notably, XM Broker excels in order execution speed and minimizes slippage, setting itself apart in the industry.
Functioning as a universal broker, XM Broker directs client orders either to liquidity providers or to the ECN network. This end-to-end order processing approach ensures the execution of over 90% of applications in less than 1 second. The broker achieves this with narrow market spreads ranging from 0.6 to 1 pip, all without any additional “markup.” This commitment to efficient and transparent order execution positions XM Broker as a reliable choice for traders in the Forex market.