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XM forex main features and highlights

Your expert
Adam N.
Fact checked by
Updated
4w ago
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Can you trade forex at XM as of January 2024?

Yes, forex trading is available at XM.
Is XM a legit broker?
See how XM is regulated and whether you should have any concerns using it.

XM forex fee, withdrawal fee and more

💰 XM EURUSD spread 0.1
💰 XM withdrawal fee charged $0
💰 XM inactivity fee charged Yes
💰 XM minimum deposit $5
📃XM ECN account available No
📃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
🎮 XM demo account provided Yes
📋 Read more Check out the XM review for 2024
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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.

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