XM (formaly XEMarkets) is the trading name of Trading Point of Financial Instrumanets Ltd, an MiFID compliant Forex and CFD broker, founded 2009 by financial experts with its head office in Cyprus. XM is licensed and regulated by the CySEC under the license number 120/10. The aim of XM is to offer a fair deal for investors, even with leverage without negative balance. XM offers all kind of Forex and CFD Trading, with a wide range of currency pairs and commodities. The oportunty of trading with a Micro-Account gives novices the chance to get into trading with a minimum deposit amount of $5. Regularly conducted promotions and contests increase the trading with them.
As a Cypriot investment firm XM is registered and controlled by the Cyprus Securities and Exchange Commission (CySEC). Client funds are separated from company funds and can not be used by XM or their liquidity providers. I addition rothe segerated client funds, there is a further security for the funds with the membership in the Investor Compenstion Fund.
XM offers a variety of deposit and withdrawal options, which are: credit / debit card, Neteller, Skrill (Moneybookers), Wire Transfer, Western Union, MoneyGram, WebMoney, PaysafeCard, IMMEDIATELY banking and more.
Withdrawals are normally completed rapidly so that even bank transfers usually require only the work duration of the banks.
As trading platforms XM offers MetaTrader 4, a Web-Trader for the browser, an iPhone / iPad platform, and an Android Mobile Trader.
Screenshot XM Website
Cyprus: Regulated by CySEC under the license number 120/10
UK: Authorized by the FSA under the license no. 538324
Germany: Approval by BaFin under the number 124161
New Zealand: Registered by the FSB under the Number FSB235905
Spain: Authorisation by the CNMV with the number 2010157773
Micro-Account: max. Leverage 1:888, with balances over 20,000 - 1:200, Lot size: 1 Lot = 1,000 units, trading from 0.01 Lot, Minimum deposit: $ 5 - Account currency: USD, EUR, GBP, JPY, CHF, AUD
Standard-Account: max. Leverage 1:888, with balances over 20,000 - 1:200, Lot size: 1 lot = 100,000 units, trading from 0.01 Lot, Minimum deposit: $ 5 - Account currency: USD, EUR, GBP, JPY, CHF, AUD
Executive-Account: max. Leverage 1:100, Lot size: 1 Lot = 100,000 units, Minimum deposit: $ 100,000 - Account currency: USD, EUR, GBP, JPY, CHF, AUD
XM offers all accounts as Islamic (swap free) accounts for clients following the Muslim faith.
$30 Free Bonus: New clients are eligible for an $30 Bonus without deposit. The bonus will be automatically credit to the account of a new client, and all profits can be withdrawn. (Equivalent to: 25 EUR, 20 GBP, 25 CHF, 3000 JPY, 30 AUD, 1000 RUB, 100 PLN, 7000 HUF)
Bonus 50% + 20%: 50% Deposit Bonus up to $500 and 20% Deposit Bonus up to $5,000 on further deposits.
Unlimited loyalty rewards: All traders at XM earn 'XM Points' while trading, which can be converted in cash or a bonus amount in your trading account.
Free Forex Signals: The signals are devilered two times every day by a Certified Financial Technician. As a holder of a Live Account you have unlimited access to the signals, which are avalible for the following instruments: EUR/USD, GBP/JPY, USD/JPY, GBP/USD , EUR/JPY, AUD/USD, GOLD, DOW, NIKKEI and OIL.
Daily Market Analysis: The Analysis comes three times a day and gives you a review of the Asian, European and the U.S.-Session.
Free VPS Hosting: All clients that maintain at least an amount of $5.000 are eligible for the free VPS hosting at XM, whereby the $5,000 be in one account or several accounts, registered with the same email address.