Regulated Commodity Trading Broker Information
Regulated Commodity Trading Broker Information
Online commodity broker regulation is the most sought after qualification by traders when it comes to choosing an online Commodity Trading and commodity broker to open an account with. Regulation is what makes an online commodity broker to be considered as a reliable online broker, When it comes to XM Group, this online Commodity Trading and commodity broker group is regulated & licensed 3 countries: Cyprus, Australia and Belize. XM Group regulation licenses are shown below and any other additional regulation data can be found on XM Regulation Webpage.
XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and is regulated by the Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia
CY : 12 Richard and Verengaria Strt, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
BZ : Suite 404, Matalon, Coney Drive, Belize City, Belize
XM GROUP - Regulation and Licenses - Commodities Trading Broker Reviews
1. Cyprus
Regulated by Cyprus Security & Exchange Commission, its License Number is - CySEC 120/10.
2. Australia
Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities & Investments Commission)
3. Belize
Regulated in Belize by the Financial Services Commission (FSC000261/158)
XM broker is committed to full business transparency when it comes to Online trading and this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it's registered & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
Real Time Market Execution of Commodities Trading Orders
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution method. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
Commodity Trading Account Types
Micro Commodity Trading Account
Standard Commodities Trading Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on client’s country of residency.
MICRO trading account allows you to trade with micro lots, lower level of risk and it has minimum initial deposit of $5.
The STANDARD account allows you to trade with standard lots & it has minimum initial deposit of $5.
The XM ZERO trading account allows you to trade with standard trading lots, lower spread starting at 0 pips and it has minimum initial deposit of $5. XM ZERO account has a $3.5 commission per $100,000 traded. Finally, XM ULTRA LOW trading account allows you as a trader to trade with either micro lots or standard lots, lower spread beginning from 0.6 pips and it has minimum initial deposit of $5.
Islamic Commodity Trading Accounts
Islamic accounts are swap-free, meaning there's no paying/receiving of interest. This commodities account is suited for traders looking for Islamic commodities trading brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their website once they have opened an account, in this client area or cabinet you can deposit/withdraw your money at any time. By clicking my account & then clicking deposit button then fill the details, for withdraw just click my account and then the withdraw button key. Withdraw Requests are also processed on the same business day & receipt of funds is issued within the same day.
What Instruments are available for trading on XM
- Commodity Trading Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver & Commodity Trading CFDs
- Energies - Crude Oil CFDs
- Online Stocks CFDs
- Commodities Trading CFDs
- Cryptocurrency CFDs
Trade Forex, Gold, Energies, CFDs, Commodities Trading CFDs, Cryptocurrency CFDs and Online Stocks CFDs
Bonus on Commodities Trading Account Deposit and Loyalty Bonus
1. Free VPS for clients who maintain a minimum account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Acconut signup Bonus for new clients only. No end date for this trading bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus upto $500 and 20% deposit bonus upto $5,000. No end date for this promotion:
4. XM Loyalty Program offers the clients XM Points (XMP) per lot traded. These XMP can be redeemed at any time for credit bonus which can be used for trading purposes only. No end date for this promotion:
* Trading Bonus & Loyalty Program are not eligible for clients signed up under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage is not available to all the entities of the Group. Maximum leverage for clients signed up under the EU regulated entity of the Group is 30:1".
No Requotes Policy
The No-re-quotes policy means this commodity broker does not requote the traders as this is a no dealing-desk commodities broker, the execution accesses inter bank network meaning they have a variety of liquidity providers to take up the commodity orders instantly form this internetwork of banks. This commodity broker follows a no re-quotes policy for its clients making it the broker for traders looking for a non dealing desk commodities broker & a No-Requotes Policy Online Commodity Trading Broker.
Software Platforms Commodities Trading Platforms
MT4 & MT5 commodities trading platforms are available for PCs, MACs, Smartphones & Tablets
Web-Trader Software
Provides Web Platform & traders can login online when they are away from computer and analyze the online commodity markets. Web platform is accessible from the browser.
Commodity Trading Practice Accounts
A Demo is a free practice account given to beginners to practice trading in MT4 & MT5 commodities trading platforms: it provides full & unlimited access to the features of the MT4 and MT5 commodities trading platforms that include trading, charting & Expert Advisors automated trading.
Registration of the practice practice commodities trading account is meant for traders to practice Commodity Trading with this practice account. Note: Demo accounts will be closed if they are inactive for more than 90 calendar days.
Security and Reliability
XM commodity trading software is designed with high standards in terms of security, privacy, reliability & integrity. Data is encrypted using High Grade Data Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means that no third party can access information, the server is secure, data is backed up in more than one place, and also uses two different server firms located away from each other meaning there's absolute no down time, commodity traders always have access to the servers & can trade anytime from anywhere in world.
XM provides transaction security by the use of information encryption methods that guarantee security of these trades and safeguard clients’ privacy through the Secure Socket Layer, SSL technology method, otherwise known as https:
HTTPS: High Grade Data Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review - Commodity Trading Broker Review
XM is a next generation investment broker enabling traders from more than 190 countries around the globe to trade Commodity Trading, precious metals, Commodity Trading and energies. XM is one of the leading commodities brokers in the globe with over 1,000,000 live trading accounts opened from over 190 countries.
From founding of the company in 2009, XM has been committed to providing fair & transparent trading conditions for all the traders irrespective of their capital worth. Commodity traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no requotes and no rejections policy.
