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XM.COM (ex-XEMarkets) — Forex Broker

FeaturedDoesn't accept US tradersUS traders
  • Interest rate on funds
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • MAM accounts
  • Segregated accounts
  • Affiliate program
  • Islamic accounts available
  • Requires sending documents via postal mail

  See XM.COM (ex-XEMarkets) reviews

3.3/10 (81 qualified reviews)
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Company Trading Point of Financial Instruments Ltd.
Founded in 2009
Online since 2012
Offices in Cyprus
Payment options Show payment optionsHide
Demo platforms
  • MetaTrader 4
Account currencies Show account currenciesHide
Currency pairs Show currency pairsHide
Regulated by Show regulationHide
Website available in Show website languagesHide
Support available in Show support languagesHide
Support methods Callback
Email
Live chat
Phone
Trading server time zone GMT+2
Conditions for VIP traders Coming soon.

Account Types

Minimum account size $5
Minimum position size 0.0001 lot
Spread type Variable
Typical spread on EUR/USD, pips 1.8
Minimum spread on EUR/USD, pips 1
Scalping Allowed
Expert advisors Allowed
Trading instruments
Forex 1:888
Gold & silver 1:100
CFD 1:100
Oil 1:100
Trading platforms MetaTrader 4
Digits after the dot in quotes 5
Margin call level 50%
Stop-out level 20%
Minimum distance to stop/limit orders, pips 4
Number of currency pairs (of which exotic) 54 (20)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
History ShowMinimize

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Reviews 

239 reviews of XM.COM (ex-XEMarkets) are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  Aso Karimi from germany. Trading account #1XXXXXX0
Wednesday, September 3, 2014

some days ago i opened a no deposit bonus account(30$) with xm,and after a while make 73$ profit from bonus account and requested to withdraw my money.my account was verified and everything was normal.but after my request their game started.i requested to withdraw my profit by webmoney.they reject my request and asked me to make a screenshot of my webmoney purse and send to them.i did.rejected again and asked me to provide them german phone to their account manager be able to reach me.i also did that.after a while they emailed me and blocked my account and deleted all my profits.i shocked ,i did not seen anything like that before.i asked them the reason and the answer was ,"you connected to the trading platform from a forbiden country."

because of my work (exporting flowers and fruits) i do traveling more.i was trading sometimes outside of germany.but i know all of this was just their excuses.they did same to many other traders.

be careful with this guys.

 mohd fauzi ismail from Malaysia. Trading account #1XXXXXX4
Tuesday, July 22, 2014

Positive experience with xm as of yet. only problem when withdrawing using skrill. skrill seem to be delaying the payment..any other people here using skrill to withdraw from xe? 5 days already and still no payment from skrill

  Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.) from Cyprus.
Thursday, July 17, 2014

Dear Mr. Nagy,

Indeed, between the end of the trading day on Thursday 10/7/14 and the beginning of the trading day on Friday 11/7/14 (Server Time) a technical error on our trading servers has resulted in open trades of certain instruments to be presenting unrealized profit and loss at that time as realized profit and loss.

Your overall account performance has not been affected in any way from this error. Moreover, you have already been fully compensated for inconvenience this error caused you.

If for any reason you require assistance please feel free to contact your account manager or our support desk.

Kind regards,

Andrey - Official Representative of XM (Trading Point of Financial Instruments Ltd.)

  Sandor Nagy from Romania. Trading account #1XXXXXX8
Friday, July 11, 2014

Last night the XM server had a technical problem and they closed all my open positions, and today they are telling me that all issues had benn addressed and resolved, which is really not true! I used the hedging method and all my positions where closed, mostly in minus and instead they reopened my position (all the position, same positions that I had at same price that was this morning), so now my ballance is in minus and they closed my positions without my will and by resolving the issue they opened new positions again without my will or notice, this is really unacceptable.

I was waiting all day on the backoffice feedback and nothing yet, I think that they ar not serious about my money and right now I feel that I lost all may monye + earning that I traded, in I lost the trust as well.

Yeah software problems do ocure but it is not may fault!

  MUHAMMAD NAVEED from PAKISTAN. Trading account #1XXXXXX7
Thursday, April 3, 2014

Amazing broker how i say how it is good broker A man knowing from his surrounding so like that xemarket have very good surrounding and Honest too i like that go go go xemarket we all with you thanksssssssssss

  Mollliiiiiiiieeeee from India. Trading account #1XXXXX4
Thursday, February 20, 2014

Hello Everyone, Please check the difference of pips you earn and the profit you get, there's some big difference every time you place an order.

 salah mahdi from iraq. Trading account #1XXXXXX7
Thursday, December 26, 2013

I would like to offer my apologies to the site especially to Mr. Musstafa who was very cooperative with me and all that I have said about the site in the past was a moment of anger for not accepting my documents but now everything is ok and my account is verified and they are very helpful with their customers and if anyone looking for a good broker i think xm.com is the best choice

  Henry from Malaysia.
Friday, December 20, 2013

Lousy broker, they will only accuse you of so called fraud if you make a profit. But when you get margin called no such issue. STAY AWAY from this broker. A waste of time.

  salah mahdi from iraq. Trading account #1XXXXXX7
Tuesday, December 17, 2013

i dont advice any one to open an account with those people because i opened an account with them and they asked me for documents to validate my account but each time it was rejected and i dont know why they just keep saying (send an alternative document)

  usman zafar from Pakistan. Trading account #2XXXXX8
Friday, September 27, 2013

XM is the best broker.

My experience with XM is awesome they help me a lot.

In opening of account, they guide me all and well, nothing is hidden.

Here Mr. Jeet is wonderful person. He explains in very easy way.

XM all staff is very supportive. But I have no words for Mr. Jeet

He is a man of commitment, he speaks very nicely.

Thanks Jeet for Best support.

  Evgeny Rozhkov from Russia. Trading account #2XXXXX1
Thursday, September 19, 2013

Evgeny Rozhkov from Russia. Trading account #2XXXXX1

Friday, July 26, 2013

I lost my money with this broker. Coz this broker don't give to open the profit positions. They did open my orders after 5-8 minuts. This is crazy trading. Everybody don't trade with this broker NEWER. XEMARKETS IS FRAUD BROKER!

In continuation of my post....

I did explain with XM Broker. Thank to Valentin Kostin. He was my personal manager. He did help me in my case. Broker admitted his mistake and returned me the money that was seemingly lost.

  Albert from Kenya. Trading account #1XXX0
Thursday, September 12, 2013

Traders be aware of this company, the pose yo be good but eventually they are stealing from clients. I had pending buy order on Friday then market opened on a gap, they simply didn't execute my order because they were soo sure its a winning order and I will have over $120 profit from that particular order, it was at 155.230 and yet market opened at 155.900+ on gbpjpy, when I asked them, they told me orders are processed at first come first served basis FCFS, I asked them why then order at 155.230 was not executed yet comes first before 155.90, they simply never bothered to reply!!! I had trust with this company but am requesting for help to get compensated. for the money I lost after they closed orders that were supposed to be hedged at a loss.

  Ambresh Singh from INDIA. Trading account #3XXX8
Tuesday, August 6, 2013

XE Markets is one of the best broker in the world. customer friendly.I have been with XM for about 15 months.There services are excellent & there are Mr Jeet Singh who guide me in my mother language Hindi. Ten star from my side.

Thank You Jeet Sir for your nice support.

  Carol P. – Official Representative of XM (Trading Point of Financial Instruments Ltd). from Cyprus.
Friday, August 2, 2013

Dear Rozay,

We would like to inform you that XM clients who have deposited funds into their trading accounts via Webmoney only have the option to withdraw funds from their trading accounts through other methods.

Fund withdrawals from your Trading Account(s) are possible through any of our payments methods, except for Webmoney.

Deposits processed via Webmoney remain unaffected, and clients using this payment method are entitled to withdraw their funds via other methods at any time.

Thank you

Carol P. – Official Representative of XM (Trading Point of Financial Instruments Ltd).

  rozay stunna from Nigeria. Trading account #6XXX7
Friday, July 26, 2013

XM.com are not straightforward, be careful, if you deposit through webmoney, your money is gone. they accept deposits from webmoney but no withdrawals, so if you dont have dorm, or dont have access to neteller e.t.c, your money is gone.

Visit XM.COM (ex-XEMarkets) website. 

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