XM Group (or just XM) is one of the world's biggest and easiest-to-use online trading companies. Started in 2009, it has more than 20 million customers in over 190 countries.
XM helps people buy and sell global assets quickly, safely, and at fair prices.
🛡️ Safety and Rules
XM is highly trusted because it follows strict financial laws around the world. Your trading choices, account options, and rules depend on where you live.
- Global License: Trusted government offices in the UK, Australia, Cyprus, Dubai, and other regions monitor XM to keep it fair.
- Safe Money: XM keeps your money in separate bank accounts. They never use your money to run their own business.
- No Debt Protection: Your account balance can never drop below zero. You will never owe XM money if a trade goes badly.
📊 What You Can Trade
XM lets you trade more than 1,400 different financial items, including:
- Forex: 54 different global currency pairs (like US Dollars and Euros).
- Goods and Metals: Oil, gas, food crops, gold, and silver.
- Stocks: Portions of big global companies and market indices (like the S&P 500).
- Crypto: 12 major digital currencies like Bitcoin (not available in the UK or Europe).
💳 Account Choices
You can open up to 8 smaller accounts under your name. Here are the main types:
| Account Name | Extra Fee to Trade? | Best For |
|---|---|---|
| Standard | $0 fee (Free) | Everyday traders. You get bonuses here. |
| Micro | $0 fee (Free) | Beginners. You can trade with very small amounts of money. |
| Ultra Low | $0 fee (Free) | Fast traders who want lower trading costs. |
| Zero | $7 total fee per trade | Professionals who want the absolute lowest market prices. |
| Shares | Varying fees | For experts with $10,000 who want to actually own real stocks. |
Note: If your religion forbids earning interest, XM offers Islamic (Swap-Free) accounts for Standard, Micro, and Ultra Low tiers.
💸 Fees and Costs
- Low Entry Cost: You only need $5 to start trading on most accounts.
- Free Transfers: XM does not charge money when you move funds in or out of your account (using cards, e-wallets, or bank transfers over $200).
- Sleepy Account Fee: If you do not use your account for 90 days, XM will charge you $10 every month until you use it again.
- Fast Trades: XM approves trades in less than 1 second, meaning you usually get the exact price you want without delays.
💻 Trading Apps and Tools
XM gives you the best online tools to watch the markets and make trades:
- Popular Apps: You can trade on your computer or phone using MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- Easy Charts: The mobile XM App now uses TradingView charts, making it easy to see where prices are going.
- Copy Trading: You can automatically copy the exact trades of 18,000+ expert investors (not available in Europe or the UK).
- Free Learning: More than 70 experts teach free online video classes in many languages every day.