Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated September, 2024

XM (xm.com) Overall rating

4.7
Ranked 4 out of 829 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
4.8
3
Regulation
5.0
2
Pricing rating
4.8
1
Features
Not rated
1
Customer Support
Not rated
1

XM (xm.com) Profile

Company Name XM Group operating under: Trading Point of Financial Instruments Ltd (CySEC license 120/10) Trading Point of Financial Instruments Pty Ltd (ASIC license 443670) Trading Point MENA Limited (DFSA license F003484) XM Global Limited (FSC license 000261/4)
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2009
Headquarters Australia, Belize, Cyprus
Account Currency AUD, CHF, EUR, GBP, HUF, JPY, PLN, SGD, USD, ZAR
Client funds bank Investment Grade Banks
Support Languages Arabic, Chinese, English, Dutch, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Turkish, Vietnamese, Bengali, Urdu, Czech, Swedish, Filipino
Funding Methods Bank Wire, China Union Pay, Credit/Debit Card, Neteller, Skrill
Financial Instruments Futures, Forex, Indices, Oil/Energies, Metals, Soft Commodities (coffee, sugar...)
Prohibited Countries Cuba, Iran, North Korea, Myanmar, Russia, Sudan, Syria, United States
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

XM (xm.com) Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
xm.com
xmglobal.com
xm.com/au
Organic monthly visits 14,448,363 (95%)
Organic traffic rank 3 out of 829 (Forex Brokers)
Paid monthly visits 731,459 (5%)
Total monthly visits 15,179,822
Bounce rate 50%
Pages per visit 3.05
Average visit duration 00:02:44.2980000

XM (xm.com) Account types

  Micro Standard XM Zero Ultra Low
Commission-$3.5 Per Lot Per 100K USD Traded-
Maximum leverage1000:130:11000:1
Mobile PlatformMT4 Mobile, MT5 Mobile
Trading platformMT4, MT5, WebTrader
Spread TypeVariable Spread
Minimum Deposit5
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Micro
Maximum leverage 1000:1
Typical Spread 1.8-2.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 5
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 1000:1
Typical Spread 1.8-2.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 5
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  XM Zero
Commission $3.5 Per Lot Per 100K USD Traded
Maximum leverage 30:1
Typical Spread 0-0.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 5
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Ultra Low
Maximum leverage 1000:1
Typical Spread 0.06
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 5
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

XM (xm.com) User Rating

4.4

XM (xm.com) reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

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XM (xm.com) Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Micro Standard XM Zero Ultra Low
Forex$5.5 Per Lot$2.2 Per LotUp to $7.50 Per Lot
Oil / EnergiesUp to $37.50 Per LotUp to $34.08 Per LotUp to $37.50 Per Lot
MetalsGold Silver $5.50 Per LotGold Silver $2.2 Per LotGold $3.00 Per Lot
Silver $7.50 Per Lot
Shares / EquitiesUp to $37.50 Per LotUp to $34.08 Per LotUp to $37.50 Per Lot
IndicesUp to $37.50 Per LotUp to $34.08 Per LotUp to $37.50 Per Lot
Soft commodities (coffee,sugar...)Up to $37.50 Per LotUp to $34.08 Per LotUp to $37.50 Per Lot
CryptocurrenciesUp to $37.50 Per LotUp to $34.08 Per LotUp to $37.50 Per Lot
Payment Options
Direct to your XM MyWallet (2x weekly)
Cash back is credited directly to your XM MyWallet. Trading for Friday to Monday is credited the following Thursday. Trading for Tuesday to Thursday is credited the following Tuesday.
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Micro
Forex $5.5 Per Lot
Oil / Energies Up to $37.50 Per Lot
Metals Gold Silver $5.50 Per Lot
Shares / Equities Up to $37.50 Per Lot
Indices Up to $37.50 Per Lot
Soft commodities (coffee,sugar...) Up to $37.50 Per Lot
Cryptocurrencies Up to $37.50 Per Lot
Payment Options
Direct to your XM MyWallet (2x weekly)
Cash back is credited directly to your XM MyWallet. Trading for Friday to Monday is credited the following Thursday. Trading for Tuesday to Thursday is credited the following Tuesday.
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Standard
Forex $5.5 Per Lot
Oil / Energies Up to $37.50 Per Lot
Metals Gold Silver $5.50 Per Lot
Shares / Equities Up to $37.50 Per Lot
Indices Up to $37.50 Per Lot
Soft commodities (coffee,sugar...) Up to $37.50 Per Lot
Cryptocurrencies Up to $37.50 Per Lot
Payment Options
Direct to your XM MyWallet (2x weekly)
Cash back is credited directly to your XM MyWallet. Trading for Friday to Monday is credited the following Thursday. Trading for Tuesday to Thursday is credited the following Tuesday.
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  XM Zero
Forex $2.2 Per Lot
Oil / Energies Up to $34.08 Per Lot
Metals Gold Silver $2.2 Per Lot
Shares / Equities Up to $34.08 Per Lot
Indices Up to $34.08 Per Lot
Soft commodities (coffee,sugar...) Up to $34.08 Per Lot
Cryptocurrencies Up to $34.08 Per Lot
Payment Options
Direct to your XM MyWallet (2x weekly)
Cash back is credited directly to your XM MyWallet. Trading for Friday to Monday is credited the following Thursday. Trading for Tuesday to Thursday is credited the following Tuesday.
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Ultra Low
Forex Up to $7.50 Per Lot
Oil / Energies Up to $37.50 Per Lot
Metals Gold $3.00 Per Lot
Silver $7.50 Per Lot
Shares / Equities Up to $37.50 Per Lot
Indices Up to $37.50 Per Lot
Soft commodities (coffee,sugar...) Up to $37.50 Per Lot
Cryptocurrencies Up to $37.50 Per Lot
Payment Options
Direct to your XM MyWallet (2x weekly)
Cash back is credited directly to your XM MyWallet. Trading for Friday to Monday is credited the following Thursday. Trading for Tuesday to Thursday is credited the following Tuesday.
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

Notes

Account availability depends on the XM entity with which the client trades, as well as the instruments being traded.
Rebate clients are not eligible to receive bonuses.

Crypto-CFD trading is subject to regulatory oversight in Thailand. Residents should stay informed about any updates or changes in regulations that may affect their trading activities.

Rebates are not paid for:

  • Accounts registered with: ASIC, CySEC, Dubai DFSA entities
  • Residents of Australia, Argentina, Belgium, Latvia, Portugal or Spain
  • Existing EEA/UK XM clients not currently under Clear Markets.
Rebates are not paid on: 1) trades held less than 5 minutes; 2) the percentage of a trade using bonus money as margin; 3) hedged positions.

Non-USD rebates are converted to USD.

Non-forex instruments: https://www.xm.com/equity-indices?gid=320

What are XM (xm.com) rebates?

XM (xm.com) rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do XM (xm.com) rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much XM (xm.com) rebates can I earn?

Use our forex rebate calculator to estimate your XM (xm.com) rebate earnings:

 
You must enter a valid number

Are XM (xm.com) rebates a scam; do my spreads increase?

XM (xm.com) rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for XM (xm.com) rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

XM (xm.com) Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Trading Point of Financial Instruments Pty Ltd 30 : 1
Trading Point of Financial Instruments Limited up to €20,000 30 : 1
XM Global Limited 1000 : 1
Trading Point MENA Limited 30 : 1

XM (xm.com) Symbols

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