XM is a global broker with over 10 million users, regulated in Australia, Cyprus, Belize, and the UAE, with an active presence in more than 190 countries. It offers more than 1,000 instruments including forex, stocks, indices, commodities, and crypto CFDs. Its low initial deposit, robust educational platform, and compatibility with MT4/MT5 make it ideal for beginner traders as well as more advanced operators.
How to Open an Account at XM
Online Opening in Minutes
You can register at XM by completing an online form with your personal details, country of residence, and account type. Then, you will be asked to upload a photo of your ID and a proof of address. The validation takes a few hours.
Very Accessible Minimum Deposit
XM allows you to open real accounts with just $5 USD. It accepts multiple deposit methods such as credit card, bank transfer, Skrill, Neteller, UnionPay, Moneygram, and other local services, with no fees from the broker.
Platforms and App for Trading
You can trade on MT4 and MT5 from desktop, web, or mobile. They also offer XM's own app that allows you to manage accounts, trade instruments, and receive real-time alerts. All with fast execution and multilingual support.
Digital opening in less than 10 minutes
Minimum deposit of just $5
Multiple global funding methods
Platforms: MT4, MT5, and XM app
Fast verification with included support
Available Instruments and Trading Conditions
Wide Variety of Global Assets
XM offers more than 1,000 instruments including forex, indices, stocks, commodities, and cryptocurrencies. With over 50 currency pairs and CFDs on BTC, ETH, and more, it's a robust option to diversify your portfolio without leaving a single platform.
Spreads According to Account Type
In Micro and Standard accounts, spreads start at 1.6 pips with no commission. In Ultra Low accounts, they are reduced to 0.6 pips or less with very fast execution. Swap-free accounts are also available for Muslim users.
More than 1,000 instruments to trade
50+ forex pairs, cryptos, and commodities
Spreads from 0.0 pips in advanced accounts
No commissions on Micro/Standard accounts
Fast execution with institutional liquidity
Costs, Regulation, and Ideal User Profile
Competitive Costs with No Hidden Fees
XM does not charge commissions on Standard and Micro accounts, with average spreads of 1.6 pips. On Pro or Ultra Low accounts, tighter spreads with fast execution apply. There are no fees for deposits or withdrawals, and it offers promotions like loyalty bonuses and referral programs.
Solid International Regulation
XM is regulated by CySEC (Cyprus), ASIC (Australia), IFSC (Belize), and DFSA (UAE), ensuring legal security, segregated funds, and compliance in various jurisdictions. It provides multilingual support and negative balance protection.
Who Should Use XM?
XM is ideal for beginner traders due to its low entry minimum, free demo account, and educational programs. It is also beneficial for intermediate operators who value a variety of assets, solid execution, and reliable trading conditions.
Minimum deposit: $5
Spreads from 0.0 pips (Pro), 1.6 (Standard)
Regulated by ASIC, CySEC, DFSA, IFSC
Free demo account and education
Ideal for new and mid-level traders
