Company Details:
XM.com and XMtrading.com are part of the XM Group, which is part of Trading Point of Financial Instruments UK Limited. The group was founded in 2009 and has since grown to become one of the most well-known and established international investment firms in the world. The platform boasts over 1.5 million clients with traders in 196 countries. The XM ethos is all about being big, fair, and human. The company prides itself on things like excellent customer service and a personalized approach for every client, no matter their investment goals.
Demo Trading Accounts
XM Account Types
There are three levels of trading account, Micro, Standard and Zero. All accounts allow up to 200 open/pending positions per client.
- Micro Accounts: Micro accounts can use USD, EUR, GBP, CHF, AUD, HUF and PLN as the base currency and can get started with a minimum deposit of $5USD. 1 micro lot is 1,000 units of the base currency.
- Standard: Standard accounts can use USD, EUR, GBP, CHF, AUD, HUF and PLN as the base currency and traders can get started with just $5USD. 1 standard lot is 100,000 units of the chosen base currency.
- Zero Accounts: Zero accounts can use USD and EUR as the base currency and traders will require a minimum deposit of $10USD. Like the Standard account, 1 standard lot is 100,000 units of the chosen base currency.
- Company Accounts: XM and XM Trading do not have company accounts, only individual accounts.
Accepted Countries
XM accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
XM Trading accepts traders from Japan.
Traders can not use XM from the United States, Canada, Israel, Iran, Belgium.