Overall Rating
4.2
Overall Score
Cost3.8
Trust4.5
Platforms4.3
Research4.0
Mobile4.1
XM Group Review
Comprehensive broker analysis and rating
XM Group
4.2/ 5.0
XM Group is a well-established forex broker offering competitive spreads, multiple trading platforms, and excellent customer support.
Overview
Key Facts
Founded
2009
Headquarters
Cyprus
Min Deposit
$5
Max Leverage
1:888
EUR/USD Spread
1.0 pips
Support
24/5 Live Chat, Email, Phone
Platform Screenshots
Desktop Platform
Mobile App
Available Investments
55
Forex Pairs
1000
CFDs
875
Stocks
31
Crypto
Pros and Cons
Pros
Low minimum deposit of $5 |
Multiple regulatory licenses |
Excellent customer support |
Wide range of trading instruments |
Educational resources available |
Cons
Higher spreads on some pairs |
Limited cryptocurrency options |
Withdrawal fees may apply |
Regulation & Safety
Regulation & Licenses
Tier-1 Licenses (Highly Trusted)
CySEC
Cyprus
License #
120/10
ASIC
Australia
License #
443670
Tier-2 Licenses (Trusted)
IFSC
Belize
License #
IFSC/60/230/TS/18
Investor Protection
Up to €20,000 compensation under CySEC
Trading Costs
Trading Costs
Spreads
EUR/USD1.0 pips
GBP/USD1.2 pips
USD/JPY1.0 pips
Fees
Commission/Lot$0 (Standard), $3.50 (Zero)
Inactivity Fee$5/month after 90 days
Withdrawal FeeFree (minimum $50)
Major Forex Pairs
| Pair | Spread | Leverage |
|---|---|---|
| EUR/USD | 1.0 pips | 1:888 |
| GBP/USD | 1.2 pips | 1:888 |
| USD/JPY | 1.0 pips | 1:888 |
| USD/CHF | 1.5 pips | 1:888 |
| AUD/USD | 1.3 pips | 1:888 |
| USD/CAD | 1.8 pips | 1:888 |
Funding & Deposits
Funding & Deposits
Deposit Information
Minimum Deposit
$5
Deposit Methods
Credit CardBank TransferSkrillNetellerWebMoney
Deposit Time
Instant
Deposit Fees
Free
Withdrawal Information
Withdrawal Methods
Credit CardBank TransferSkrillNeteller
Withdrawal Time
1-3 business days
Withdrawal Fees
Free (minimum $50)
Trading Platforms
Trading Platforms
Desktop
- MT4
- MT5
Web
- WebTrader MT4
- WebTrader MT5
Mobile
- MT4 Mobile
- MT5 Mobile
API Trading
Social Trading
Trading Tools
Trading Tools
Charting Tools
TradingViewMT4 ChartsMT5 Charts
Technical Indicators
50
Drawing Tools
24
Features
Automated Trading
Backtesting
Economic Calendar
Market News
Mobile Trading
Mobile Trading
App Availability
iOS App
Android App
App Store Rating
4.2
Mobile Features
- Full trading functionality
- Real-time quotes
- Charts
- News
Research & Analysis
Research & Analysis
Daily Analysis
Weekly Reports
Market Commentary
Trading Signals
Webinars
Analyst Recommendations
Education & Learning
Education & Learning
Beginner Guides
Video Tutorials
Trading Courses
Demo Account
Practice Tools
Trading Glossary