XM is a trading name of Trading Point of Financial Instruments UK Limited, which is authorized and regulated by the Financial Conduct Authority (FRN: 705428), and which offers online trading on forex and CFDs on precious metals, energies, equity indices and individual stocks to over 1,000,000 clients from 5 continents.
The company was founded in 2009 and since then is has grown to strongly competitive financial services provider acknowledged by online investors for its no-requotes execution and no rejection of orders policy, as well as for professional customer support in over 30 languages.
XM clients can trade with free Demo accounts with $100,00 virtual funds, as well as with real accounts: Micro, Standard and the XM Zero Account. To trade with real accounts, the minimum deposit is as low as $5, and depending on the trading account chosen the spreads are as low as zero pips, with a flexible leverage ranging from 1:1 to 500:1.
Clients can trade on over 300 instruments on 16 MT4- and MT5-based trading platforms, which are available for Windows, Mac, iPhone, iPad and Android-based devices, and they can even take advantage of the VPS service offered by XM to conduct their trading operations seamlessly.
With the recent launch of the MT5 platform, XM has extended its offerings to 6 asset classes, including CFDs on single stocks (shares), in addition to its range of offerings, which include forex, CFDs on indices, metals and energies.
Funds deposits are automatic and instantly processed, while funds withdrawals can be done by over 26 reliable payment methods. A definite plus of XM is that there are zero fees on both deposits and withdrawals. Additionally, clients can use the prepaid XM Cards (XM USD MasterCard and XM EUR MasterCard) for funds withdrawals.
XM also offers nonstop bonus promotions, including no deposit bonuses for new clients on opening their first real account with XM, as well as deposit bonuses for existing clients. In addition, all clients are offered the chance to earn infinite loyalty rewards through the XM Loyalty Program, where XM Points can be earned for customer loyalty and redeemed for credit bonus rewards.
The XM Research and Education Center provides a wide variety of efficient trading tools such as free trading signals in over 25 languages, daily technical analysis and market reviews and free professional video tutorials in multiple languages, as well as weekly free live webinars in over 16 languages.
1. In case if the first XM trading account has been opened through our referral link, after opening an additional account you have to send email to be placed under our referral group. The sample of email is shown below.
Email should be sent to: email@example.com
Please place my account ............... (put your new account number with XM) under IB A1177.
As soon as your account will be placed in our IB group, please send us confirmation to firstname.lastname@example.org.
2. The transfer of existing trading account opened directly with XM or through another IB is impossible. You have to do following steps for getting rebates:
- Click our refferal link to go to XM web-site
- Login XM client Area
- Open additional trading account
- Add this account to My Globe profile