XM Broker Review
XM Broker is one of the largest and reliable companies with thousands of customers worldwide. It offers flexible terms of trade, numerous bonus programs, a wide range of instruments and extensive tutorials for education.
Types of Accounts and Bonuses
The broker offers the following types of accounts:
- A cent account is suitable for beginners. It allows them to test various strategies in real trading conditions. The minimum deposit is 5 USD. The smallest transaction volume is 0.01 lots for MT4 and 0.1 lots for MT5. No commission.
- It’s an account for experienced traders who want to use the basic functionality of the platform. The minimum deposit is 5 USD. Maximum open orders are 200 positions.
- XM Ultra Low. An account designed for more experienced traders. It is divided into Standard Ultra and Micro Ultra. The minimum deposit is 50 USD. No trading or deposit bonuses.
- Account for advanced traders. The minimum deposit is 10,000 USD. The smallest transaction volume is 1 lot. Spread according to the conditions of individual exchanges.
New users can get a welcome bonus that allows starting trading and making a profit immediately after opening an account. For each standard lot, clients get a credit bonus of 10 USD after closing the position with an opportunity to fully control the size of the bonus.
All activated accounts are assigned the Executive status that automatically rises after the trading. With each increase in the level of loyalty, a certain amount of XM points increases proportionally. The more XM points a user has, the more the number of credit bonuses he can receive. The bonus goes directly to the trading account and can be used for trading.
Trading Platforms and Analytics
The MT4 and MT5 platforms are the leaders in the world of trading. MT4 has a wide selection of tools, indicators, and strategies. It can be used both in the form of software and as a web page. The key features of MT4 are low spreads, full functional advisers, one-click trading, hedging of positions, VPS service, etc.
MT5 is a more advanced version of the platform that includes all the innovative features provided in the MT4 and makes it possible to trade 1000 CFDs on shares.
MT4 and MT5 WebTrader are the web versions of the popular platforms. There is no need to download them on a computer. WebTrader versions work in any browser and support all operating systems. Web Trader guarantees secure trading and users can trade from any computer from any part of the world.
One of the most trustworthy brokers with numerous financial instruments like equity indices, energies, shares, Forex, etc.
Partner programs and bonuses up to 5,000 USD
Daily Forex webinars and tutorials
Daily technical analysis for free