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 information 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 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-Re quotes Policy).
Account Types
Micro Account
Standard Trading Account
XM Zero Account/XM Ultra Low Trading Account
*The Accounts availability depend on the trader's country of residence.
MICRO trading account allows you to transact with micro lots, lower level of risk and it has minimum initial deposit of $5 dollars.
STANDARD account allows you to trade with standard lots & it has minimum initial deposit of $5.
XM ZERO trading account allows you to operate with standard lots, lower spreads beginning at 0 pips & it has minimum initial deposit of $5 dollars. XM ZERO account has $3.5 dollars commission per every $100,000 traded. Finally, the XM LOW-COST trading account allows you to transact with either micro lots or standard lots, lower spreads beginning from 0.6 pips & it has minimum initial deposit of $5 dollars.
Islamic Trading Accounts
Islamic trading accounts are swapfree, meaning there's 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 site once they have opened a trading account, in this client area or cabinet area you can deposit/withdraw your money at any time. By clicking my account & then pressing 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 trading equity balance of US Dollars 5,000. No ending date for the bonus promotion:
2. $30 Dollars No Deposit Account Signup Bonus for new customers only. There is No end date for the bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus upto $500 & 20% bonus upto $5,000. There is No end date for the bonus promotion:
4. XM Loyalty Bonus Program provides traders XM-Points XMPs per every 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 ending date for the bonus promotion:
* Trading Bonus and Loyalty Program are not 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 EU Zone 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(NDD) trading online 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-Re quotes Policy Online Broker.
Platform Softwares XAUUSD Softwares
MetaTrader 4 and MetaTrader 5 softwares are available for PCs, MACs, Smartphones & Tablets
Web-Trader Trading Platform
Provides Web Platform & traders can sign in online when they are away from their computer & analyze the online trading markets. Web trader platform can be accessed from the web browser.
Demo Practice Trading 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 trading with this practice trade account. NB: Demo accounts will be stopped out if they are inactive for more than 90 calendar days.
Security and Reliability
XM software is designed with high standards in terms of security, privacy, reliability and integrity. Information is encrypted by using High Level Encryption Key (TLS_RSA_WITH_AES_128_CBC_SHA, 128-bit keys) 128-bit keys, which means no third party can access data, server is secure, data is backed-up in more than one location, & also uses two 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, valuable 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.
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