XM.com Review – Unbiased Review on Xm.com Prons and Cons

XM Global was established in 2017 and is regulated by the International Financial Services Commission (IFSC/60/354/TS/19).

The platform boasts over 1.5 million clients with traders in 196 countries

About XM.com

Trading Point Holding, XM’s parent company, is a global CFD and FX broker founded in 2009. Trading Point Holding has two brands, XM and Trading.com

XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.

XM.com Review

XM has low CFD and withdrawal fees. Account opening is user-friendly and fast. You can use many educational tools such as webinars or a demo account.

On the other hand, XM has a limited product portfolio as it only offers CFDs, forex and cryptos for European clients. Its forex fees are average, and an inactivity fee kicks in after 90 days of no trading.

XM has low CFD and withdrawal fees. Account opening is user-friendly and fast. You can use many educational tools such as webinars or a demo account.

On the other hand, XM has a limited product portfolio as it only offers CFDs, forex and cryptos for European clients. Its forex fees are average, and an inactivity fee kicks in after 90 days of no trading.

XM has low trading fees for CFDs and charges no withdrawal fee. On the other hand, forex fees are average, and there is a fee for inactivity.

Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

XM has three account types, which all differ in pricing. The Standard and Micro accounts charge higher spreads but there is no commission. The XM Zero account charges lower spreads, but there is a commission. The following calculations were made using the Standard account.

XM.com Withdrawal

There is no account fee, and XM charges no withdrawal fee in most cases, though bank withdrawals below $200 carry a $15 fee.

There is an inactivity fee of $5 per month after 90 days of inactivity. This is charged every month until your balance drops to $0, at which point your account is archived.

XM.com Founder

Trading Point of Financial Instruments Pty Ltd was established in 2015 and is regulated by the Australian Securities and Investments Commission (ASIC 443670).

Joining XM.com

The required XM minimum deposit is $5. for the Standard and Micro accounts, which is very low.

If you open an XM Zero account, however, the minimum deposit is $100.

XM account opening is fully digital, fast and straightforward. You can fill out the online application form in 20 minutes.

XM.com Login

Before you have access to XM.com login page, it’s obvious you must registered successfully.

To login XM.com only the below is needed

  • User name
  • Password

Is XM.com Scam or Legit

Anyways, team Xycinews can’t pronounce XM.com scam or legit because we wrote XM.com Review Article.

We work with researched field report, verified evidence or users comments, so this is a potential prediction from all the information gathered.

XM is available globally and is regulated by three financial authorities: the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission of Belize (IFSC).

Never Forget To Support Us With Your Opinion in The Comments Section To Help Other Users

Disclaimer

This XM.com Review Article isn’t aimed at defaming XM.com nor is it targeted to promoting them.

This article is strictly for enlightening purposes and a honest guide from our perspective which other Platforms might not publish timely.

Team Xycinews is no third party and we can’t handle any complients whatsoever.

The Blogger Scientist

Hello 👋 , Do you enjoy reading articles on Xycinews.com ?

Do you want a Review on your Brand, Site, App, Software etc..

You Can Connect Xycinews Media Founder If You Want To…. HOW?

Tap Icon Below ⬇️.

@The Blogger Scientist 🕴 💼

Sharing is Love 💕

About The Blogger Scientist 12310 Articles
The Blogger Scientist is a "Medical Physiologist" and a "Financial Asset" Content Creator who aims at enlightening web reader on varying Financial Assets such as Stocks, FX, Crypto, MLM,. HYIP among others.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.