XM Journal
| Journal status: live XM joined in | not yet |
XM Profile
Website
Year
2009
Country
Cyprus, Belize, UAE, Australia, South Africa
Branches
Regulation
CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa
Registration
CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa, BaFin Germany, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FSA Finland, KNF Poland, AFM Netherlands, FI Sweden
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Israel, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
...
LPs quality
...
LPs names
...
XM Accounts
MM
Minimum Deposit
5 $
Leverage
1000 : 1
Minimum Lot
0.01 lots
EURUSD spread
1 pips
Commission
0 $/lotRT
Volume
50 lots
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24,
Skrill, STICPAY, Trustly, China UnionPay, WebMoney
Base currency
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: XM broker profile
Is XM safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa
- Registration: CySEC Cyprus, FSC Belize, ASIC Australia, DFSA UAE, FSCA South Africa, BaFin Germany, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FSA Finland, KNF Poland, AFM Netherlands, FI Sweden
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is XM trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - XM website: highly detailed, updated
★★★★★ - XM popularity (by visitor count): top visited
★★★★★
*Leverage depends on the financial instrument traded. Leverage is fixed 30:1 for clients registered under EU/AU and MENA regulated entity.
* Bank wire transactions below $200 are subject to fees. Please note that payment methods depend on the XM entity.
Deposit methods*, Base currency*
*Varies by entity.
How XM works
*Leverage depends on the financial instrument traded.
Leverage is fixed 30:1 for clients registered under EU/AU and MENA regulated entity.
Chapter H: General Provisions
63. Market Making
63.1 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a "Market Maker", i.e., we may take the risk of holding certain number of Supported Financial Instruments in order to facilitate trading in these Financial instruments by displaying 'bid' and 'ask' prices ('buy' and 'sell' quotations) for such Supported Financial Instruments on our Online trading Facility...
63.4. You accept that, in such Markets we act as Market Maker, we may hold positions that are contrary to your positions an/or the positions of certain other of our clients, resulting in potential conflict of interest between us, and any such other of our clients.
https://www.xm.com/assets/pdf/new/terms/XM-Client-Agreement-Terms-and-Conditions-of-Business.pdf?v8
Comments
Add new comment...
