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0.6 Spreads as low s 0.6 pips

888:1 Leverage

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XM Forex Singapore Review

 

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.

 

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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:

  • Micro

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.

  • Standart

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.

  • Shares 

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.

6 Asset Classes - 16 Trading Platforms - Over 1000 Instruments.
Trade Forex, Individual Stocks, Commodities, Precious Metals, Energies and Equity Indices at XM.

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Mobile application

Mobile versions of MetaTrader 4 and MetaTrader 5 trading platforms were created for users to have full access to the stage at any time. The application allows trading 24/7, even if the client does not have access to a computer or laptop.

Deposit and Withdrawals

You can replenish your account and withdraw your earnings by bank transfer, as well as by Visa or Mastercard cards. The advantage is that the service supports the majority of payment methods. You can withdraw money to the bank account from which the deposit was made. The broker provides zero commissions for all operations related to deposit and withdrawal of funds.

 

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Conclusion

XM Group is a well-established organization, which started its activity more than ten years ago. During this time, the platform has attracted a large number of users around the world and continues to develop actively. Also, traders can work with more than a thousand special instruments, charts and analytics. The Exchange is ideal for experienced traders as well as beginners. 

 

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