XM Broker is one of the largest forex companies in Europe with more than 500.000 clients worldwide. It offers very flexible trading conditions, its long experience, an abundance of bonus programs and impeccable reputation.
In the face of strong competition between brokerage firms offering forex trading services, XM Group has decided to position its services as the most reliable and secure. For this purpose, XM Group obtained the support of financial regulators such as AFM, FCA, CySEC. This company is also part of the Financial Loss Compensation Fund.
XM Trading Conditions
There are several types of trading accounts for clients:
A price account, which will be suitable for beginner traders. Allows you to test various strategies in real trading conditions. The minimum deposit is 5 dollars. Contract size: 1 lot = 1000. The smallest deal volume is 0.01 lot for MT4 and 0.1 lot for MT5. Restriction on lots for one ticket - 100 lots.
An account for advanced traders who want to use the main functions of the platform. As in the previous version, the minimum deposit is $5. Contract size: 1 lot = 100,000. Leverage - from 1:1 to 1:888 ($5 - $20 000), from 1:1 to 1:200 ($20 001 - $100 000), from 1:1 to 1:100 ($100 001 +). The limit for lots per ticket is 50 lots.
XM Ultra Low
An account designed for more experienced traders. It is divided into Standart Ultra and Micro Ultra. The minimum deposit is $50. Spread on all significant pairs starts from 0.6 points.
An account for advanced traders. Unlike other options, there is a commission on this account. The minimum deposit is 200 dollars. The smallest transaction volume is one lot. The maximum number of open positions - 50. Spread according to the conditions of individual exchanges.