XM Group Overview
Founded	2009 – Trading Point of Financial Instruments Ltd 2015 – Trading Point of Financial Instruments Pty Ltd 2016 – Trading Point of Financial Instruments UK Ltd
Platform	MT4 for PC, MT4 for Mac, MT4 Multiterminal, MT4 WebTrader, MT5 for PC, MT5 for Mac, MT5 WebTrader, MT4 for iPhone, MT4 for Android, MT5 for iPhone, MT5 for Android, MT4 for iPad, MT4 for Android, MT5 for iPad, MT5 for Android
Minimum account size	$5
Minimum lot size	0.01
Tradable assets	300+
Maximum margin	1:500
Spread on EUR/USD	1.8 pips
Payment methods	Multiple local payment methods
Demo account	Unlimited time
Accepts US traders	No
Regulated	FCA (UK) – Trading Point of Financial Instruments UK Ltd (XMUK) ASIC (AU) – Trading Point of Financial Instruments Pty Ltd (XMAU) CySEC (CY) – Trading Point of Financial Instruments (XMCY)
Support	Phone, Fax, Email, Live Chat
Website	www.xm.com

XM Group is a group of regulated online brokers.

Trading Point of Financial Instruments Ltd is established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC), Trading Point of Financial Instruments Pty Ltd is established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC) and Trading Point of Financial Instruments UK Ltd is established in 2016 and it is regulated by the Financial Conduct Authority (FCA).

They are highly regarded for offering a range of MT4/MT5 platforms across various workstations.

Regardless of the fact that XM Group is a regulated online broker, they are very popular in the forex trading community most of the reviews and comments praise them for having multiple on-line trading platforms and very flexible trading conditions.

This is based on the verified and professional user feedback and evaluations that we’ve collected from several trusted review sites, forums, trading sites and social media.

Trading Platforms

XM has an extensive range of MetraTrader 4 and 5 platforms that can be accessed using just one account:

MT4 for PC
MT4 for Mac
MT4 Multiterminal
MT4 WebTrader
MT5 intended for PC
MT5 for Mac pc
MT5 WebTrader
MT4 to get iPhone
METATRADER 4 for Android
MT5 pertaining to iPhone
MT5 for Google android
MT4 meant for iPad
METATRADER for Android os
MT5 designed for iPad
MT5 for Android
For desktops, it can be installed and run on both Windows and Mac operating systems while in the mobile platform, they have dedicated apps just for smartphones and tablets that are running Apple or Google android os’s.

They also have WebTrader systems which can be accessed with any web browser.

Practically speaking, they have every solution for almost any kind device or computer.

Platform and Website Design

XM definitely found a way to make their interface very inviting and this can be credited to their organized but simple layout.

Regardless if you use the desktop, mobile or the web- based platform, you can easily log-in and trade without any delays or long waiting time.

Account Types

M Group offers several accounts types and you’ll have the flexibility to choose the most appropriate one that is suitable for your trading needs and goals.

As of this writing, the following accounts are offered by XM Global:

• Micro
• Standard
• Ultra Low

Shares
Each bank account type has a suite of features and perks such as base currency options, contact size, leverage, commission, maximum open/pending orders, minimum lot size, great deal restriction per ticket, bonuses and others.

The availability and types of accounts vary and will be dependent on the country from which you are based in. For example, in Australia, they offer Micro, Standard and Ultra Low. If you’re in Cyprus, your account options are Micro, Regular and XM Zero.

Demo Account 0pening an account with XM Group will give you access to their particular free demo accounts that will allow you to make practice trades with live market circumstances.

The $100, 000 virtual funds won’t have an expiry so you’ll have the liberty to use it at your own pace and as long as you want.

If in case that you’ve already used up these digital funds, you just need to open another demonstration account but you can only do this for 5 times.

If you’re a beginner then we strongly recommend that you take advantage of this free feature in order to learn the system, maximize its usage, explore other features and even try out all possible strategies so you can discover which one works best for you and prepare yourself for the purpose of live marketplace trading.

Payment Methods

XM Group’s supported payment methods is quite extensive and adds more versatility on adding funds into the account.

They accept the most commonly used local payment methods today including:

Credit/Debit cards
Online bank transfer
Neteller
Skrill (MoneyBookers)
WebMoney
SticPay
And currency is accepted since it will be converted automaticaly into your account’s base currency predicated on the prevailing inter-bank price.

XM Group won’t charge you with transaction fees with respect to both deposits and withdrawals. Deposits less than $200 with regards to international bank wire copy however are not covered.

Minimum Deposit

Opening a Standard or perhaps Micro account starts with just a minimal deposit of $5 which is extremely lower than the requirements of other forex brokers.

For the Super Low and Shares accounts, the minimum amount deposit requirements are $50 and $10, 000, respectively.

Such affordability is usually an opportune way for those who want to start with a low trading capital and also for starters since there’s no need to deposit a very large amount and it effectively allows proper fund management.

Tradable Assets

This broker has more than 300 instruments which may be traded on the platform. This kind of mixture of available assets opens a lot of chances to find an opportunity to earn and make profits.
Here are the current instruments that you can invest on:

Forex

If you’re into currency trading, you’ll have plenty of currency pair options including majors (EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD and USD/CAD), minors (EUR/GBP, EUR/AUD, GBP/JPY, CHF/JPY, NZD/JPY and others) and exotics (USD/SEK, USD/NOK, EUR/TRY, USD/TRY, USD/DKK, USD/HKD and others).

Commodities

Common commodities like cocoa, coffee, corn, cotton, soybean, high grade copper, soybean, sugar and wheat are available for trading.
Precious metals including gold and silver, and energies such as for example Brent crude oil, London gas oil, natural gas and WTI oil are also available.

Indices

You can invest on popular equity indices want ASX 200, China 50, EURO STOXX 50, CAC 40, DAX, FTSE. AT, HSI, FTSE MIB and Nikkei upon cash and futures CFDs.

Shares

Choices are aplenty for stocks trading via XM Group as their very own platforms will provide you with acces to various shares of popular companies in the US, Australia and EU (Austria, Belgium, Finland, France, Germany, Greece, Italy, Netherlands, Norway, Portugal, Russia, Spain, Sweden, Switzerland and UK).

Cryptocurrencies

This new asset class is also available on XM Group’s platforms. You are able to trade about digital coins including Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple.

Minimum Lot Size

The size of your whole lot will directly influence your risk management and the smaller the great deal, the better you can control your risk.

Most retail brokerages allow their clients to operate with micro lots which means a Buy or Sell order will be placed to find 1, 000 units.

Tiny lots are the smallest tradable lot size that are usually allowed by most brokers and the good news is that this brokerage offers the same size to specific consideration types.

Intended for Micro unsecured debts, XM Group’s least accepted lot size is 1 lot or 1, 000.

To get the Standard bill, it’s 100, 000 models while for the Ultra Low, the typical Extremely account’s nominal amount accepted dimensions are 100, 500 and you, 000 with the Mini Ultra.

Spreads

With XM’s tight spreads the prices don’t have to move as much in order to make a profit.

The spread for the EUR/USD money pair is 1 . 8 pips which usually is already considered to be better than what many agents can provide.

Quotes Accuracy

It is always important to transact with a forex broker that has accurate marketplace prices because this is where your decision will be largely based on.

The several tests that we’ve done with their system showed no signs of delays or manipulation with their quotes and the same price is shown for both pre and post deals.

Withdrawal Time

All withdrawal requests will be processed within 24 hours if the funds happen to be transferred to XM Cards or perhaps any of the backed e-wallet methods.

Credit/debit card and lender wires on the other hand can take 2 to 5 business days.

Based on the several drawback tests that we made, they were able to fulfill these requests and we were able to get the money back just as they promised.

Customer Support

XM Group can be reached via phone, fax, email or live chat.

That means you have the option to contact them in almost every channel possible and saving you a lot of time and effort.

Depending on our actual conversation using their support agent, we find them to become very direct in providing answers to any of our questions and we never experienced any sort of marketing schemes that additional agents from various other forex broker agents usually do.

Overall, the discussions with them ended with positive results.