3 Decisive Reasons to Choose XMTrading
Execution Speed No.1
No Requotes
99.35% under 1 sec
Solid Reliability
No withdrawal refusal reports
Top user base
Luxury Bonuses
$100 No Deposit Bonus
Up to $10,500 Deposit Bonus
Campaign in Progress!
Open a new account to get $100 instantly
XMTrading Review & Reputation
XMTrading (XM) is one of the most well-known and used overseas FX brokers. Since its establishment in 2009, it has built a solid position with "high execution speed," "reliability with no withdrawal refusals," and "excellent support."
In conclusion, it is "the safest broker that beginners to intermediates should choose first." Although the spread is not the narrowest in the industry, the "Bonus Campaigns" and "Loyalty Program (XMP)" more than make up for it.
Good Reputation
- Start trading with just the No Deposit Bonus
- Fast deposits/withdrawals with few troubles
- Perfect support gives peace of mind
- Zero cut system means no risk of debt
Bad Reputation
- Spreads are slightly wider compared to some competitors
- Leverage restrictions apply when equity increases significantly
- Funds are segregated but not fully trust-protected (though insured by AIG)
5 Benefits of Using XM
Trade with Max Leverage 1000:1
While many domestic brokers are limited to 25x leverage, XM allows trading up to 1000x (500x for Zero account). This allows you to hold large positions with a small margin.
Zero Cut System (No Debt Risk)
Even if your account balance becomes negative due to sudden market changes, XM covers the negative balance and resets it to zero. This is called the "Zero Cut System".
Unlike some domestic FX where you risk debt, with XM your risk is limited only to your deposit amount.
Industry-Leading Bonus Campaigns
XM is famous for its generous bonuses.
- No Deposit Bonus: Get $100 (Limited Time) margin just by opening an account. No deposit required.
- Deposit Bonus: Get up to $10,500 equivalent bonus depending on your deposit amount.
- Loyalty Program: Earn XMP (points) for every trade, exchangeable for cash or credit.
＼ Experience Risk-Free First ／
Open an account now and receive $100 bonus.
Start FX with zero risk.
XM Cons & Cautions
No FX broker is perfect. XM has some downsides. It is important to understand these before using it.
Spreads are slightly wide (Standard Account)
Spreads on Standard/Micro accounts are average (e.g., around 1.6 pips for USD/JPY). If you focus on scalping, consider the "KIWAMI Extreme Account" or "Zero Account".
Not Full Trust Protection
Client funds are segregated from company funds (Segregated Management), but 100% reimbursement is not legally guaranteed in case of bankruptcy (though insured by AIG).
XM Account Types Comparison
XM currently offers 4 account types. Choosing the right one is the first step to winning.
| Item | Standard Most Popular |
Micro Small Amt |
KIWAMI Low Cost |
Zero ECN |
|---|---|---|---|---|
| Max Leverage | 1000:1 | 1000:1 | 1000:1 | 500:1 |
| Commission | Free | Free | Free | $5/Lot |
| Spread | Normal | Normal | Tight | Tight |
| Bonus | All | All | Opening Only | Opening Only |
Bonuses & How to Get Them
No Deposit Bonus
$100
Receive margin just for opening an account. Increased for a limited time.
- New clients only
- After verification
- No expiration
Deposit Bonus
Up to $10,500
Automatically applied based on deposit amount.
- 100% bonus up to $500
- 20% bonus thereafter
- Apply repeatedly until cap
FAQ
A. Yes, absolutely. XM is a regulated broker, and withdrawals are processed smoothly.
A. Proof of ID and Proof of Address. Upload online.