XM Review
Rating: 8/10
Trade Forex Stocks with XM Now and Receive a 30% Bonus on your First Deposit
download XM
XM Ratings
Overall Rating:
Forex Software:
Assets Variety:
Customer Support:
Bonus & Promos:
XM Info
Licensed in:
+357 25029900
1:1 to 888:1
Desktop App (MT4), WebTrader, Phone Trading
Banking Options:
Tradable Currencies:
Other Instruments:
Practice Accounts:
check   yes
check   yes
Mobile App:
check   yes
Social/Copy Trading:
cross   no
Looking to get started with forex? XM has everything you need, including superior customer support, bonuses, a variety of trading platforms, and instant deposits with a minimum of just $5. Formally known as Trading Point, XM is one of the premier, licensed and established online brokers.

The software is easy to use, plus it allows you to act quickly and efficiently. Moreover, the site uses 7 trading platforms, including Metatrader 4 and web-based Sirix. These platforms are the world standard for forex trading, and allow you to obtain easy access to the most important data.

If you are new to forex trading, you will be glad to know that XM offers world-class support to its members. A comprehensive FAQ page has been set up to answer the most commonly asked questions. If the page does not contain the answers you require, the site offers telephone-based support 24 hours a day, five days a week. Additionally, you can email the site's support staff whenever you have questions or concerns, or you can take advantage of the convenient live chat option.

If you have heard of foreign exchange trading, but you are unfamiliar with how to trade forex, the concepts might seem intimidating. Thankfully, forex is actually simple if you can find the right website and support structure to help you. If you are ready to involve yourself with this type of trading, you can contact any forex broker, but you should consider the XM website carefully for your needs.
Reviewed by: Stock Bets

Visit XM | Back to Top

  • XM screen shot
    XM Screen Shot
  • XM screen shot
    XM Screen Shot
XM Welcome Bonus
Deposit Bonus:
30% up to $2000
Free Bonus:
$30 No Deposit Required
Deposit Bonus Information:   (Updated: 06/16/2020)
If you require extra enticement to open up an account with XM, you should know that the site offers numerous promotions. All new accounts receive a 30% welcome bonus. Also, you can earn a 10% bonus through the loyalty program each time you make a new deposit. To make things even easier for traders, XM charges no fees for making deposits to, or withdrawals from your account.

"XM" User Comments



  (Score: 3 out of 5)

"$20 free does not work for me. Need a deposit to get it"

Posted: June 10th, 2014
How would you rate XM?

Review Definitions

The following index gives a detailed explanation of the Forex Broker Ratings and Bonus Offers in the reviews seen above.

Forex Broker Ratings

Forex Software
The quality of the Forex software and website.

Assets Variety
The variety of trade options and intstruments available.

Customer Support
This is a rating of how quickly the forex site processes withdrawal requests, plus how quick and helpful their support services are.

Bonus & Promos
This rating should consider the frequency, relative value, and organization of bonuses and promotions.

Bonus Offers

Match Bonus
What percentage of your initial deposit the broker will give you as a bonus.

Free Bonus
The free bonus the site will give you with no deposit required.