XMReviews 166

I feel good about XM as it's a good place to trade and make profits from the fx markets

It`s been three month, since i trade with xm. They have wide range of pairs, even some exotics, but i know, they are just for fun, real trading goes on majors. Spreads are acceptable, though can be lower😅 Pretty generous leverage provided with no extra commissions.

I'm convinced that the company is one of the most trustworthy brokers because the number of licenses which they have got from authoritative regulators is really huge. It says that XM broker is able to meet the international requirements of these regulators and there is no need to worry about the safety of the company. As a novice trader I really pay attention to this because I'm really careful when it comes to choosing the right broker.

XM is my favorite place for trading, imho...
First of all, the company has been in the business for a long time, like for 15 years and it showcases its reliability, without any doubt.
Secondly, I like the variety of accounts, platforms, sleek interface and trouble-free navigation either around the website or in the members area. It's very important for me to have a simple infrastructure not to get lost.
Thirdly, the broker has a nice array of tradable markets where are some exclusive ones like turbo stocks or thematic & equity indices.
I can recommend this place.

I had known that xm was always respected for being a unique company that suited everyone. I understood that this platfomr was more for... professional traders, still after registering here and noticing how much resources developers invest into educational content, I realized that these guys also bet on rookies like myself.
I have chosen ultra low standard account, deposit just $50 and started to try trading using some of he guides I found and those tups from their educational section. So far things are going well, sometimes losses, sometimes profits, typical roller-coasters

Many traders underestimate the education in the trading area and this is their main misconception because without that knowledge you will not be able to trade profitable for a long period of time.
That's why I prefer to pay attention to education when I have free time 1 or 2 hours a day. XM offers a lot of high quality educational videos and thanks to this I found out a lot about economic indicators. By the way, their podcasts are the best ones among other brokers because they always update and add new information about financial markets and trading🥸

Standard, Shares or Ultra Low? This was the question for me. Primary, I was hesitating try to choose either former or the latter one, cuz Shares accounts is a specific one, narrow-focused, so to speak.

Still, opted for the Standard, because conditions are pretty much the same, spreads are within the same pips range, typically and stuff like that.
I would even advise to choose this acc for newbies, cause it seems to be the optimal. However if you are fond of swing or positional trading and like major fx pairs, then choose Ultra low with its zero swaps.

I don't understand why there are some people complaining about that XM broker doesn't provide crypto currencies for making deposits and withdrawals.
I'm entering the trading platform and I see that I can make deposits through Bitcoin and USDT. I guess it depends where you are from, guys, if you are from the European region then with a high probability of chance you will not have access to crypto currencies.
Personally, I opened an account in the global jurisdiction and I can make transactions through crypto currencies. They should add more cryptos! 😁

I read many reviews from other traders saying how reliable this platform is regarding the payments, but most of them don't mention what payment method they use.
For bank cards, almost every platform is doing fine. Instant transfers are pretty easy to be conducted using bank cards
The story is different if you need to use wire transfer. Unfortunately very few traders reach the phase of profitability to have wire transfers as the only option for withdrawals.
Here is me to report that for wire transfer it takes around three days for the funds to reach your acc. Pretty standard.

I am trading with the xm for like several months in a row and I have already notice how effective my trading become.
Back in the day, I had an approximate % of win rate around 30%, today this number has grown up to 51%.
Everything is because I properly diversify my trading by working on various markets from forex pairs to indices, commodities and cryptos.
I never risk more than 5% of my deposit, I have chosen a rather humble leverage because my depo is kinda big, so everything is favorable out here for me.
I will continue thinking on increasing win rate % :))

When it comes to trading assets as much as it's good to diversify inorder to grow your portfolio and increase profit, it's also good to niche down. Because doing everything makes you a master of none.
I personally trade the forex market but I diversify within the various currency pairs, both major, minor and even exotic/cross pairs. And I like how Xm also gives different assets under the stock instruments and also under the metal instrument.