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XM demo account

Your expert
Adam N.
Fact checked by
Updated
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Does XM provide a demo account as of January 2024?

Yes, demo accounts are available at XM.

XM in a nuthsell: XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and the Belize authority IFSC.


XM educational tools, mobile platform, CFD fees and more

💻 Platform tutorial videos Yes
📃 Quality educational texts No
🎥 Webinars Yes
📱 Mobile platform score 3.3 stars
💰 XM minimum deposit $5
💰 XM S&P 500 CFD spread 0.5
💰 XM withdrawal fee $0
📃XM swap-free/Islamic account available Yes
💳 Deposit methods Bank transfer, Credit/debit cards, Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC)
🗺️ Country of regulation Cyprus, Australia, Belize, United Arab Emirates
📋 Read more Check out the XM review for 2024
BrokerChooser score
4.3 4.3 /5
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75.33% of retail CFD accounts lose money
XM is not available in the United States
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Further reading

Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Visit XM 75.33% of retail CFD accounts lose money

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