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