All Customer Reviews & Comments about XM Forex broker

Advantages: MT platforms no doubt.

Disadvantages: Not too transparent website tbh. Couldn't find any information about the deposits or withdrawals. I got it only after I created an account

Comment: as a beginner I value the presence of MTs. These are the only platforms I know so far and it wasn’t too difficult to start here.

Advantages: low spread for major forex

Disadvantages: very high slippage during news

Comment: Short eurusd around 1.072xx and set TP at 1.07100 prior US CPI release 30 mins.
Price went down to 1.07032 but TP orders never filled.

Advantages: Instant order processing A lot of educational content

Disadvantages: Doesn't allow social trading

Comment: The only disadvantage is that there's no social trading, so if you're interested in something like that - it's better to choose something else. But right now, I don't see the point of turning to something else because this broker helps me profit pretty well, and there are many useful podcasts and articles for beginners, so it can be a good choice.

Advantages: no

Disadvantages: wast of time

Comment: This is the worst thing I've ever seen. Even if we win, we will
Can't take the money. Do not give any false reason. It happened to me and my friend .. No one should bother with this ... This is a waste of time alone.
All we have to do is save our money ...

Advantages: XM have problem withdrawal

Disadvantages: XM have problem withdrawal

Comment: XM have problem withdrawal via online bank transfer is under maintenance over one months, support not responsible, be carful everyone.

Advantages: Compensation of the commission of payment systems when withdrawing money Transparent trading conditions, a small entry threshold with moderate leverage

Disadvantages: The broker works according to the STP model. Transactions of only large investors are displayed on ECN platforms, small transactions form a pool sent to the liquidity provider

Comment: If the registration is fast with a broker, then the verification took a very long time, more than a week. They do not take commission for withdrawal. Trading accounts of different types, there is an account for trading purely stocks, low spreads and good execution. A regulated company, but there are bonuses and promotions, but they are not available for all countries, you can specify the info in support. There is Russian support, they respond quickly not with templates.

Advantages: Guarantee of instant execution of orders without slippage. 99.35% of orders are executed at a speed of up to 200 ms There are non-standard trading assets of commodity markets - cocoa, beans, etc. There is a separate account for trading stocks with access to stock exchanges

Disadvantages: The broker operates on the STP model

Comment: I like. I copy signals from the MetaQuotes community on cent accounts, share my experience. I create several trading systems: for example, on one account I copy transactions only of those who work on the principle of Rarely, but accurately. I copy cryptocurrencies to another account. In general, I form portfolios on the principle of "one account — one trading system. Periodically check portfolios.

Advantages: Various types of accounts, as well as a minimum deposit of $5. Registration and verification is very simple and secure. The withdrawal is carried out through the most convenient electronic wallets. Execution of orders is instant, funds are withdrawn accurately.

Disadvantages: I can only highlight small delays in withdrawals for the first few days. Perhaps this was due to some verification checks.

Comment: Good afternoon.
I used the services of the XM.COM broker for a week and this is my very first broker. So here's what I managed to find out as pros and cons:
Not everyone may like the trading conditions, but it will work for beginners.

Advantages: Various types of accounts, as well as a minimum deposit of $5. Registration and verification is very simple and secure. The withdrawal is carried out through the most convenient electronic wallets. Execution of orders is instant, funds are withdrawn accurately.

Disadvantages: I can only highlight small delays in withdrawals for the first few days. Perhaps this was due to some verification checks.

Comment: Good afternoon.
I used the services of the XM.COM broker for a week and this is my very first broker. So here's what I managed to find out as pros and cons:
Not everyone may like the trading conditions, but it will work for beginners.

Advantages: Everything is good

Disadvantages: None

Comment: XM is the best broker I’ve ever tried out. I have a primary account where I trade the EUR/USD pair mainly. Their spread on this pair is just right, not the cheapest, but not also too expensive.

Every issue that I’ve encountered was resolved professionally by their customer service. They’re fast and smart! XM is my favourite for now, and I’m not going nowhere until I encounter major issues that would force me to switch to a new one.

Advantages: Good education

Disadvantages: None

Comment: Love XM’s dedication to providing Forex education to all levels of traders. They’ve visited my country the Philippines a few times before COVID-19 and their educator here named Jonathan was really amazing! He was able to teach us currency trading in an easy-to-understand approach. The venue was jam-packed with aspiring Filipino traders.

Advantages: All's good

Disadvantages: None for now

Comment: I spent two months demo trading with XM. I started trading with a live account on Dec 10, 2020. So far, my account is up about 70%! Everything is working fine with this broker. Execution-wise, my trades are executed super fast, no requotes or slippage whatsoever. They have superb customer service, like I get replies within an hour via email. Live chat is very useful, very professional agents.

Advantages: .

Disadvantages: .

Comment: insolvent heterogeneity

Advantages: Execution, platforms

Disadvantages: Severs slowing down

Comment: XM is good, but recently, there are times when their servers are getting slow when there are news releases. One time I could not enter a trade which resulted in a margin call. It was upsetting. There was nothing they could do when I raised this issue.

Advantages: Execution

Disadvantages: mt4

Comment: I’ve been having issues with their trading platform MT4. It’s been sooo slow, I can’t trade properly at all. Their support asked me to reinstall the platform but still it’s not as responsive as it was before. I don’t think the issue is with my laptop, it’s working just fine.

Advantages: 4

Disadvantages: Support

Comment: Really enjoying my time with XM! For 7 months, I’ve been trading currencies with this broker exclusively. Execution of orders is lightning fast, and they charge super cheap commissions. They also offer CFD trading, though I haven’t tried my hand at this. Still learning! Overall, I’d give XM 4 stars. Why not a perfect score? Cos their support needs improvement. They need to be more patient and responsive.

Advantages: execution, withdrawal

Disadvantages: None

Comment: XM is one of the best brokers I’ve ever used. Execution is fast, my orders are executed without any lag or freeze. Their platforms, especially the web based one, is my favourite. I really like dealing with this broker, so professional! I do not have any problem with withdrawal as well.

Advantages: Execution, spreads

Disadvantages: None for now

Comment: XM is one of the popular choices among traders today, and I can see why. I’ve been testing their services for 3 months now and I must say they really offer a top notch trading environment. My orders are filled without any problem, execution is super fast, and spreads are really tight. I also like their professional account managers and market experts, they’re a big help. I’ve withdrawn several times already, all without any issue.

Advantages: Withdrawal, execution

Disadvantages: None

Comment: XM in general is a good Forex broker with affordable spreads (definitely not the cheapest), several account types available, and multiple deposit and withdrawal options. In terms of execution, XM is one of the best. I’m using this broker along with other 2 brokers namely Exness and FXPro. I have to say XM comes behind Exness. I’ve never faced any issues withdrawing funds from my account as well.

Advantages: 5 stars

Disadvantages: None for now

Comment: XM is a fair broker. Fast execution with good trading conditions that favour beginner traders. I’m an affiliate with them and have introduced over 30 clients to them. They really like XM’s 30 USD no deposit bonus. It’s a big help for them to gauge XM’s overall performance without any financial risk.
They’ve also been able to withdraw profits made from the bonus without any problem.

Advantages: All's good

Disadvantages: None

Comment: XM in generally is a good broker. Good trading conditions, spreads are fine, trading platforms are stable and reliable. My only issue is my leverage is being lowered during high news releases. Other than this, XM is nearly perfect. I’m also an IB with them. I have 14 active clients under my network, so I earn a decent amount of extra income every month.

Advantages: Good broker overall

Disadvantages: None

Comment: XM is a reliable and fair Forex broker. I’m using them along with IC Markets. XM runs regular promotions good for beginners, you’d like their $30 welcome bonus!. You can try their platform and trading conditions with no strings attached. Execution is one of the fastest I’ve experienced, no requotes and no slippage. Support is very professional, they answer my questions clearly.

Advantages: Good offerings

Disadvantages: Traders close automatically

Comment: Something’s up with XM. Just last week, I encountered 3 incidents where my positions were automatically closed. This incurred my significant losses. My trades were closed even before reaching TP or SL, out of nowhere! I’m trying to dispute this, I’m in contact with their support. Hope this gets sorted soon!

Advantages: Almost everything's good!

Disadvantages: None

Comment: XM is a goooood Forex broker known for being one of the leaders in the industry. I’m an IB with XM, and it’s really easy to refer clients to this broker because of the high quality service it offers. Lighting fast execution, solid MT4 trading platform, fast withdrawal - within 2 hours via skrill, and professional customer service staff. I couldn’t be happier that I’m trading with XM!

Advantages: NO ADVANTAGE!

Disadvantages: Manipulator

Comment: I had an underwhelming experience with XM. I had a rough time winning trades - they would cut my wins or increase my loss, it’s like someone’s behind my computer doing some manipulation. One time I set an instant execution with XM which suffered a huge loss, but on my other account with another broker, the trade was profitable. That’s the time I had enough. I took out all the money left in my account. Now I just trade with one broker, and hopefully this lasts for long.

Advantages: fast execution, free educational resources

Disadvantages: expensive spreads

Comment: XM is my first ever broker, and I’ve been with this Forex broker going 4 years next month. A friend I met on an online Forex forum introduced this broker to me. First, I used a demo account, and after a month, I went into live trading. Generally speaking, I’m happy with XM as I’ve found here everything I need as a trader. Fast execution, no requotes or slippage, plus I really like their educational materials and free daily analysis and signals. Also, they have no commission on deposit and withdrawal! The only thing I dislike a little is that their spreads are a bit more expensive.

Advantages: Customer support is great, fast withdrawal

Disadvantages: Spreads can be too high sometimes

Comment: Overall, XM is a very good broker. I have no issues when it comes to funding and taking money from my trading accounts. I use Skrill and they are able to process withdrawals within a few hours.

Support is available 24 hours a day, and their representatives seem to know what they doing. Very prompt replies to my queries.

My only concern is that sometimes spreads for major currency pairs can go really really high.

Advantages: In the past, everything was good

Disadvantages: Everything now

Comment: The worst broker ever, deposited 3k into my Xm account.

Funds deducted from my bank account with payment reference number and details.

XM says bank rejected the transaction.

Calls back my bank to check, transaction is successful and funds deducted from my bank account with payment details

Contacted XM again, and same reply, bank rejected the transaction, when ask for proof to show that the transaction was rejected, not given.

Ask for a call back, not done. Just keep repeating the same reply, transaction rejected by my bank.

If you don’t want your money to just vanish, skip XM

Advantages: Customer service is top notch, my account manager always makes sure I get the assistance I need every time.

Disadvantages: Slippage may occur during volatile news but that's normal. I experienced a delay in withdrawal but it's because of my local bank.

Comment: I'd recommend XM to my friends any time of the day. It's regulated and very transparent.

Advantages: Website is professionally made!

Disadvantages: High comissions for trade

Comment: Generally I am satisfied with XM.com, I believe this is the number one Forex company nowadays. Continue to trade, thow risks are high on the Fx market!
Cheers!

Advantages: The minimal deposit is small, sympathetic support. Also, I like that there are very profitable bonuses.

Disadvantages: I didn’t notice.

Comment: I wasn’t into a trading, but my sister told me that it’s a good choice to invest money. I came to XM with a very little knowledge of trading on the forex and I have found this broker very helpful. It's definitely that broker you would work with if you have a lack of capital.

Advantages: convenient trading conditions

Disadvantages: -

Comment: I've been collaborating with XM.com broker for more than a year. The main advantage is low floating spread, the trade platform operates without any malfunctions. I took part in the contest, however I did not manage to win. I will certainly try again as the contests suggesting big prize funds are quite frequent here.

Advantages: MT5

Disadvantages: none

Comment:
I trade more than a year. The funds are output normally. Just need to understand their conclusion. Convenient in that you can trade in normal volumes with an acceptable level of slippage. The broker has a clear speed of execution of orders and normal spreads.

Advantages: No deposit bonus

Disadvantages: did not find

Comment: I trade 4 months. I liked the bonus of 30$. It is convenient because you can trade in normal volumes with an acceptable level of slippage.Support quickly answers me on various issues.

Advantages: Best broker in my opinion

Disadvantages: none

Comment: I like the bull logo they have! =) Sad they turned off bitcoin trading! =(

Advantages: No requotes, no commissions and no hidden costs

Disadvantages: Sometimes execution is not good

Comment: If you want to succeed you should be experienced and informed about the events influencing the prices. Unfortunately the options and trading tools of a broker have a great influence on many traders. In my view, depositing process is rather easy here. Though, you can have some delays in withdrawing because it is quite complicated. I really feel relaxed here! There are no unpleasant tricks with slippage as it can be with other brokers. You can also receive the 30$ bonus to your first deposit and it can help beginners to strart trading.

Advantages: support

Disadvantages: did not find

Comment: I really like this broker, with which you can successfully trade, good spreads for traders, a fast platform, support at the highest level, it will be confirmed by any trader. I will be honest, I earned 1300 here in just a few months, but the plus is that I do not have to angry, or think that he fell into a loachatron.

Advantages: excelente análisis

Disadvantages: especialmente no

Comment: XM.COM is a great broker generally and their services are excellent, I just wish they had MT4, that takes away one star. Otherwise, everything about them is great, they have plenty of stocks to trade and forex too, the social trading network is definitely a plus .

Advantages: Fast answering of support team,fast withdrawal

Disadvantages: trading doesn't starts from small amount of money

Comment: I started trading over a year ago with different variety of brokers. And XM I prefer most of all. I'd name it nice broker system. I used not small amount of money to trade and broker has small commission. Mostly there were a good profit and instant withdrawal.

Advantages: Different payment methods, mobile applications for trading, minimum deposit of 5 dollars

Disadvantages: I want more currency pairs

Comment: I recently traded through this broker, but I like everything. The first deposit is not high, they work with different electronic payments. There are mobile applications for trading. If the broker adds a few more currency pairs, it will be perfect.

Advantages: Many currency pairs, bonuses, update rate, sympathetic support

Disadvantages: I'm waiting to add bitcoin

Comment: I've been working with this broker for two years now. It's nice to deal with professionals, the system works quickly and steadily. Transactions can be quickly closed, but I wait when there will be an opportunity to trade bitcoin.

Advantages: Fast execution, good customer support

Disadvantages: Margin requirements are high for commodities

Comment: This is very good broker and I have been a trader for many years and used very many brokers in that time. Brokers with a bonus always scare me because they appear fake, but I saw very many good reviews and decided to try. The bonus is only for micro account, but still true because i was able to make a profit and withdraw money. I make the deposit for a live account and they are still trusted because they did not refuse to allow withdrawal. Everything else is good also because speed of trading is fast also when there is volatility. This broker also full of forex pairs, stocks and commodities which provide access even with standard account. Customer support is also good and accurate. Very good broker.

Advantages: Islamic accounts, good help on live chat in my language

Disadvantages: No problems

Comment: I wanted a broker who had Islamic compliant account and XM are good for it. Other than that, other things are also good because speed is fast when putting in orders and no delays or hanging. Many tools to see and trade on top of Forex pairs like oil and gold and stocks. Live chat is very helpful and they help me every time I have a problem with my account or when I need help with trading. Good broker XM and I don't need another

Advantages: Minimal deposit-5$,understandable interface,without freezing

Disadvantages: There is no analytics section

Comment: Pretty reliable broker with a huge divercity of trading tools.Also,they give a cool bonus on firts deposit.And,of corse,the most pleasant lies in quality interface,which easy in use.
Five stars-its a good rate for this broker.

Advantages: Good trading conditions, MT5, good name

Disadvantages: There is no bitcoin or ethereum to trade

Comment: When I joined XM brokers about one year ago, it was because of bonus. I did not want to give my money to them because there were many negative reviews about the broker, but they have improved services since then. Now they are the perfect brokers, and have excellent services all round. The bonus is great, $30 but then when you make deposit you also get an account manager. I talk to mine through email, and every day I get trading tips which are very helpful. I also like that the execution speed is excellent even when there is a news announcement and volatility, which is great for me. They also have MT5 but there are only a few assets there compared to the wide variety on the MT4 platform, I guess that's some bad news. And about money, never had a problem when depositing or withdrawing using Skrill

Advantages: Metatrader, CFDs, many forex pairs

Disadvantages: Do not be attracted by the bonus because it won't be much help

Comment: The bonus was just a ruse, but it was still good to have it. Thankfully they have good services to compensate, and MT5 is a plus to have. Maybe I should give 5 stars...

Advantages: Islamic accounts, MetaTrader 5

Disadvantages: None

Comment: I joined for the Islamic account after reading the reviews and I found every other thing good too. It's not been too long but so far I love XM broker and agree with every other review.

Advantages: Okay broker, they have good services

Disadvantages: False advertising on the bonuses

Comment: I wish I'd read the section about choosing a broker on this website before I was lured by the bonuses offered by the broker. The bonus will disappear on the first withdrawal request, regardless of how much it is. Other than that, the broker is okay, but there's nothing remarkable

Advantages: Many currency pairs, CFDs, plenty of bonuses

Disadvantages: Nothing I can think of

Comment: All I can say is excellent, I especially love that they have MT5 which is hard to find on any other broker. I've been with XM for about a year now and in that time I've never had a single bad experience.

Advantages: No deposit bonus, quick execution, many currency pairs

Disadvantages: Withdrawals are sometimes slow

Comment: Just wanted to try out the $30 bonus for signing up and got it. I know you can't make a lot from that, especially being a micro account, but it was great for testing their services. Good broker generally, but nothing outstanding or excellent