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US Dollar Rises on Good Friday As Economy Creates 916k New Jobs in March

The US dollar strengthened during the Good Friday trading session, driven by a better-than-expected jobs report. The US economy saw the largest number of new jobs in seven…

Target at 112.07 for USD/JPY

The United States dollar versus the Japanese yen currency pair seems to have eyed the 112.07 level. Are the bears interested in turning the market around from…

USD/CAD Rises amid Higher Initial Jobless Claims, Falling Bond Yields

The US dollar was mixed against its major currency rivals on Thursday following a disappointing initial jobless claims report. After a decent performance so…

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

  • Personal managers

  • Daily Forex webinars and tutorials

  • Daily technical analysis for free

3 Comments on “XM Broker”

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Harry Oct 01, 2020 at 22:10 Replay

They are doing their job. I had a couple of problems and the support team has solved them timely. I can’t say they are the best but they are doing their best to be on the top of the rating.

Frank Apr 19, 2020 at 11:04 Replay

This broker is not the leading company. There are even better options on the market. However, I will stay with them as they are not lying to the clients. And this is the best part of them.

Christopher Apr 09, 2020 at 16:04 Replay

I have applied for withdrawal a couple of weeks ago and there is no feedback since. The support tells me some things like you should wait for etc, but what is that? How long should I wait for the money that you should transfer to my digital wallet?