Exness - Forex Broker information, rating, reviews


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RegulationCySEC, FCATrading softwareMetaTrader4, MetaTrader5Headquartered1, Siafi Street, PORTO BELLO, Office 401, 3042, Limassol, Cyprus
Exness was founded by a group of like-minded professionals in the area of finance and information technology in 2008. It soon became one of the world’s leading online forex brokers and became known for some of the industry’s best trading conditions, including the ability to trade with unlimited leverage. Exness’ mission is to deliver a reliable, trustworthy and customer-focused trading experience, in a transparent and secure environment.

Licenses and regulations:

  • Exness Limited, an International Business Company in Saint Vincent and the Grenadines
  • Exness (Cy) Ltd. a Company registered in Cyprus, registration number HE 293057 and regulated by CySEC (Licence Number 178/12)
  • Exness (UK) Ltd. a Company registered in England and Wales under Companies House Register number: 08861481. Exness (UK) Ltd is authorised and regulated by the Financial Conduct Authority (Registration number: 730729).

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Exness trading information

WWWexness
Address1, Siafi Street, PORTO BELLO, Office 401, 3042, Limassol, Cyprus
HeadquartersCyprus
Free phoneYes (for the regions that constitute our main markets)
24 hour support
Partnership programs
Expert advisors
Bonuses, Promotions
Forex contests, competitions
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes5
Minimum position size0.01
Pip spread on majorsEURUSD 0.1-1.1 (Mini), GBPUSD 0.5-1.2 (Mini), USDJPY 0.6-1.2 (Mini), USDCHF 0.4-1.4 (Mini)
Spread Typefloating
Leverageunlimited
ECN, $300
Standard account, $2000
Mini account, $1
Popular payment methodsBank cards, Neteller, Skrill, and other local and international EPS
Account currenciesMore than 80, including EUR, USD, GBP. Free metal-currency accounts also available
Other instrumentsCFDs on metals, cryptocurrencies
LanguagesEnglish, Chinese, Russian, French, Thai, Indonesian, Arabic, Hindi, Urdu, Tamil, Bengali, Vietnamese, Spanish, Korean
PlatformsMetaTrader4, MetaTrader5
Broker typeECN, Market Maker, NDD
RegulationCySEC, FCA
Foundation2008
Bitcoin Forex Brokers

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ForexTime Review 50$ free bonus


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Broker Information
Company Name: FXTM
Founded: 2011
Country: Cyprus, UK, Belize

Broker Services
Regulators: FCA, CySEC, FSCA, IFSC, FSC
Bonus: Professional traders can get cash weekly. Only for FTG, T&Cs apply
Minimum Deposit: $10
Leverage: Flexible
US Clients: No
Funding Methods: Wire, credit card, and 18 other methods with more added continually

Platform Info
Platform: MetaTrader 4, MetaTrader 5
Dealing Desk: No
Web Based: Yes
Mobile Trading: Yes

ForexTime Review

New forex brokers frequently appear on the scene, but occasionally, the newcomer is an innovation from a highly successful entrepreneur, expanding into a new sector of the market with a proven formula for success. Such was the case with FXTM (ForexTime.com), the international broker brand by Andrey Dashin, creator of the well-received Alpari line of forex brokerage companies. In 1998 and in subsequent years, Dashin focused on developing both the European and U.S. retail forex trading markets, but his last venture was designed to capture nearly everything else. Clearly, his formula keeps working, since, in the span of a few short years, FXTM has received a plethora of awards and grown to be an industry leader.

FXTM is one of the fastest growing brokers in the industry. In order to support this rapid rise in global clients, the FXTM brand opened a number of offices around the globe, with main operations run from a five-story FXTM Tower in Cyprus. This year, a new office opened its doors under the FXTM brand in the financial heart of Europe and trading capital of the world – London, UK – which feels like a very natural move for a broker that has been growing so successfully. A cursory review of corporate press releases reveals a story of continual achievements, all based on integrity, innovation, transparency and a drive to provide clients with a superior trading experience. Independent reviewers on the web also give high marks, so the experienced management team must be doing a lot of things right. Safety and security remain a top priority for FXTM.

The broker’s product and service offering is all-encompassing. Whether you’re just starting out or you’re an experienced trader, you will find everything you need on the broker’s comprehensive and easy-to-navigate website, now localized and accessible in 18 languages and counting. Straight-Through Processing (STP) is available, but if you desire the popular ECN set up, they have that covered too. Formats are supported by industry-standard MT4 and MT5 platform protocols, mobile trading is not a problem, and one of the broker’s most beneficial new tools is the ForexTime App – an application compatible with iOS and Android, designed for the on-the-go trader in mind.

Additionally, there’s the FXTM Pro trading account, tailored for high-end trading professionals and institutions. It features ultimate trading conditions like ultra-fast market execution, spreads from 0.1 pips, and deep interbank liquidity.

Since we last reviewed FXTM, the broker also introduced three times as many CFDs on Spot Metals Commodity Futures, and more. Their Shares trading account – specifically geared for Shares CFDs – is reinforced by a direct connection to the NYSE and NASDAQ for their listed products’ pricing.

As a modern approach to investing and copy-trading, FXTM Invest is an easy-to-use program that brings traders and investors closer to the markets. The company holds true to its core value of transparency by publishing important trading stats on their website: speed of order execution, slippage and requotes levels. Additional information feeds, educational materials, charting tools, and free-flowing commentary make your trading experience ideal and its customer support department is top of the line. Also, if you like contests and promotions or social trading, FXTM does not disappoint.

In truth, it is still difficult to find any area of FXTM that’s lacking. They have shown tremendous progress over past couple of years and, if you reside in one of their covered markets, they are well worth your patronage.

** ForexTime Limited Does NOT accept Traders from US.
Unique Features of Trading with ForexTime

Why trade with ForexTime.com? The firm lists these reasons:
A management team with a combined 30 years of experience, committed to quality service;
ForexTime has currently reached over 1, 000,000 clients;
Brand FXTM is regulated in multiple jurisdictions (ForexTime Ltd by CySEC 185/12 and FSCA 46614, FT Global by IFSC under numbers IFSC/60/345/TS, IFSC/60/345/APM, Forextime UK Limited by FCA 777911);
Mobile trading applications are supported (including ForexTime App for iOS and Android devices);
250+ trading instruments including forex currency pairs, CFDs, Futures, Precious Metals and Commodities;
31+ payment options currently available with no deposit fees and minimum deposits as low as $10;
Deep bank liquidity ensures tight trading spreads and superfast execution;
Hedging, EAs, and scalping strategies permitted;
No Dealing Desk standard adopted, with eight classifications built on full ECN/STP trading models for professional accounts. Swap-free option available for all account types;
A direct connection to the products’ price listing on the NYSE and NASDAQ exchanges for the Shares Account;
Customer service representatives are multi-lingual and may be accessed “24X7” by email, live chat, social media or direct telephone line to one of several satellite offices;
18+ languages are supported, and more are added to the site and MyFXTM, the trader’s gateway.
Promotions and live and demo contests on a regular basis (applicable to clients of FT Global Limited – T&Cs apply);·
Learning center support includes streaming news feeds, commentary, webinars, educational videos, free training courses and local seminars;
Investment program offered: copy-trading solution, FXTM Invest;
Social trading features, trading signal subscription option, charting tools, email and mobile alerts, and streaming news feeds are included in the basic package;
Client funds segregated in Tier-One banks at all times for protection, in strict compliance with regulatory standards;
ForexTime Limited Does NOT accept Traders from Third Countries (including US).
FXTM offer a CFD for cryptocurrency trading with leverage 1:10.(*Trading CFDs on cryptocurrencies is only available under FT Global Limited
Spreads and Leverage

Tight spreads are the norm whether on STP or ECN setups. With the FXTM Pro Account, spreads start at the tightest possible 0.1 pips. Flexible Leverage, based on country of residence, knowledge and experience. FXTM offers negative balance protection.
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Platform

The software backbone for FXTM relies on the highly popular MetaTrader series of trading platforms, in both MT4 and MT5 varieties. Trading account classifications relate back to both types, with three categories offered in STP versions and five under the ECN service. All six come with a swap-free option, and a free demo account is offered with no expiration period. The ForexTime App puts minute-by-minute market updates and analysis in the palms of the on-the-go trader, while the very latest in SSL technology encrypts all sensitive data, keeping any hackers at bay.

Deposits and WithdrawalsFXTM has also installed a broad series of options to make deposits and withdrawals an easy process. Credit and debit cards, along with bank wires and e-wallets, are the signature methods, but the team – due to the global nature of the firm – has implemented numerous other local payment methods specific for particular regions. More payment methods are being added on a monthly basis, with thirty one on last count. Clients are cautioned to keep legally required ID data on file to ensure a rapid response on any withdrawal request.

Beginner Support

Beginners and veterans alike will appreciate FXTM’s dedication to trader education. Webinars are being added weekly to supplement an abundance of learning materials already available on the site. Your ability to assess market conditions will be enhanced by daily commentary from their Market Research Team, streaming news, signals, and alerts, and dedicated account managers can provide additional insights when accessed via email or direct phone line any time of day in over 25 languages.

Conclusion

Few firms have entered the forex brokerage market with such a flourish as FXTM did. This management team understands what it takes to please a highly demanding global clientele. Prestigious awards and favorable testimonials are just the icing on the cake. As their website states, “We always strictly abide by the regulations, highly emphasizing our clients’ fund safety and security and the protection of our clients and their investment is our primary concern. We are committed to create a safe and reliable trading environment for all our clients.”

With so many things going for it, FXTM is very worthy of your time and consideration.

Disclaimer
ForexTime Limited, ForexTime UK and FT Global Limited share the same brand name, FXTM. ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. Forextime UK Limited is regulated by FCA with license number 777911. FT Global Limited (www.forextime.com) is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM.
– Leverage is offered based on your country of residence, knowledge and experience.
– Bonuses and promotions are offered based on your country of residence while terms and conditions apply.

Getting started trading on XM best forex broker


XM is under the Trading Point of Financial Instruments Ltd

Founded 21/09/1994
Country Cyprus, Australia, UK
Regulated by CySEC, FCA, ASIC
Bonuses $30 non-deposit Bonus up to $5,000 (t&c apply)
Minimum deposit $5
Leverages 1:30
US Clients Not accepted
Best forex brokers with good funding methods. Such as Credit/ Debit Card, bank wire transfer, local bank transfer, Neteller, Moneybookers Skrill, etc
Platform MetaTrader 4, MetaTrader 5
Dealing desk No
Web based Yes
Mobile trading Yes
Demo account Yes
Islamic account Yes
Minimum deposit $5

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Getting started trading on XM

XM is a popular forex and commodity trading platform. I’ve written in the past how I think it’s a good choice for professional traders. Brand new traders should stick to a platform like etoro, that also offers copy trading. But if you’re used to trading on MT4 and want access to zero pip spreads, then you might find XM the platform for you. I’ve put together this little guide on getting setup on the platform.

A little background on XM

XM is the brand name of Trading Point. They’ve been around since 2009 and are an EU regulated broker. There are over 1,000,000 clients on their platform with over 150,000,000 trades executed. XM prides itself on never having rejected or requoted a single trade.
Creating an Account

Practice or Real

Before opening account you need to decide whether or not you want to practice trade or use real money. For new traders, I always recommend starting with a practice forex account. This is the best way to learn about trading. Don’t ever open a real forex account until you’ve started making consistently profitable trades in your practice account.

You can open a Demo account on etoro with $100,000 in virtual money to practice with.

Taking advantage of a $30 trading bonus

XM is one of the few forex brokers that offer a bonus when you sign up. New accounts will get $30 to trade with. A great way to get started practice trading.

Using MT4 or MT5

During your account setup, you’ll need to choose which software you’re gonna to trade with. XM offers MT4, MT5, or the Web Trader. MT4 is the older version of the metatrader software. The main difference between the two is the assets that can be traded. If you want to trade stock CFDs then you need to choose MT5. If you want to use the webtrader, you’ll also need to choose MT5.

If you’re new to trading you may as well use MT5 and I’d only recommend using MT4 if that’s what you’re used to.

XM Account Types and Leverage

XM offers three different account types – Micro, Standard and Zero.

The main differences between the accounts are the lot size. Although the Zero account does offer 0 pip spreads. With the Zero account you do need to pay a commission on trades though. I think most people will be best suited with a micro or standard account.



First deposit minimum

You can started trading with as little as $5. So you won’t need to dish out a huge amount of capital to get trading. Just bear in mind that you won’t be able to do a lot of trading with just $5. I would generally recommend starting with at least $100 if possible.

A zero account requires a $100 minimum first time deposit.
Learning about trading

XM offers extensive training materials that you should take advantage of.

Reivew the MT4 Tutorials

Metatrader can be a bit confusing for first time traders. So if you haven’t used it before, make sure you review the video tutorials on offer. They walk you through step by step all the features of the platform. If you spend a day going through them, you’ll be a much better trader.

Watch the weekly webinar

XM offers weekly webinars in 18 different languages. These are a great way to get trading ideas and keep on top of economic news. You can watch the webinars once you’ve signed up for an account.

XM also offers extensive news resources with an economic calendar, market reviews and daily outlooks. XM really tries to outdo other broker platforms with education and training

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HitLeap Review 2019 – Get Traffic To Your Website And More!


Hitleap provides simple solutions for customers to earn free traffic. In their website, they display three simple steps on how to earn free traffic and this starts by their customers submitting their website to them, customers watching other members’ website and in return, they too will watch the customer’s website.
So; basically what Hitleap is a traffic exchange service. And the way it works is you would first create a free account, then download a piece of software to your computer, have it running on your computer, and basically it would cycle through and view other people’s websites, and then in exchange you would receive credits which you could use and have other people’s programs “view” your website.

But for those of you who want to speed things up you can just buy views or visitors. And while this is very cheap, basically “junk” traffic, there are a couple of ways that you can use this.

One way that you can use it, is if you’re looking to get really cheap traffic to a website or maybe a YouTube video just to get some social proof. With more views to your website you can increase your Alexa ranking. With more views and visits to your YouTube videos they will naturally appear higher in the Google and YouTube search rankings as well as attract more free organic views.

Now, Hitleap does offer a free and then also a premium account. For marketers, I would highly recommend the premium account, because it allows you to earn more commission per referral and it also allows you to purchase more website slows for scaling your campaigns.

Meilleur plateforme forex nordfx


Nordfx review

Nord FX offre non seulement un grande variété d’opérations FX, (37 paires), mais il offre également plusieurs marchés CFD différents, permettant aux traders de s’impliquer dans les marchés de l’énergie, des futures, des métaux précieux, des indices, et des actions. De ce fait, c’est une solution complète d’opérations pour les traders du monde entier. Il faut noter cependant, que l’opérateur Nord FX n’accepte pas les clients basés États-Unis.
Plate-forme
Nord FX utilise les plateformes bien connues MetaTrader 4 et MetaTrader5 , ainsi que les versions sur portables, et Web.
Service clientèle
Nord FX offre le chat en direct, l’assistance par téléphon et par email. Il est disponible en plusieurs langues, et donc il est également accessible à toute heure, quand que les marchés sont ouverts.
Fiabilité
Nord FX est considéré comme un opérateur fiable. La société est réglementée dans quelques pays, comme le Panama et l’île Maurice. Les plates-formes sont fiables car elles respectent les normes de l’industrie, et la possibilité de contacter le service clientèle à tout heure permet une interaction rapide entre le trader et l’agence.
Commissions et écarts
Selon le compte que vous choisissez, les écarts peuvent être variables ou fixes. Les comptes en dollars plus élevés sont ceux avec écarts variables, et ils ont aussi des commissions variables. Pour cette raison, il vous est conseillé de considérer le niveau de commission qui corresponde à votre volume de transactions. C’est une pratique courante dans les marchés à terme car les courtiers vont permettront plus souvent d’obtenir de plus petites commissions pour récompenser des volumes plus élevés.

Promotions
Même si Nord FX n’offre pas de promotions actuellement, ils proposent une compétition avec un «prix de démonstration» chaque mois. Le montant du tirage est de 3000 $ et donne aux traders une chance d’exercer leurs compétences, et en même temps, de gagner des prix.
Conclusion
Nord FX est une bonne agence de courtage complète si vous cherchez des opérations Fx et d’autres marchés. Ils ont le temps technologies éprouvées, et on peut compter sur eux pour proposer les différents marchés du monde entier.
Avantages:
  • Ecarts variables ou fixes. Les écarts sont maintenus réduits, et c’est l’une de vos plus grosses dépenses comme trader, ce qui vous permet également aussi de tirer profit des écarts fixes réduits – s’ils choisissent de négocier les informations.
  • La plate-forme MetaTrader est célèvre et fiable.Elle est utilisée depuis des années, et elle est très stable.
  • Les comptes peuvent être ouverts avec juste 100$.
  • Le processus de dépôt est simple et rapide, car vous pouvez utiliser Moneybookers, Liberty Reserve, PAYweb, une carte de crédit ainsi que PAYweb pour financer votre compte. Les retraits peuvent être effectués en sens inverse.
Inconvénients :
  • Les américains ne sont pas acceptés.
  • Les écarts variables peuvent être un problème pendant les effets, d’informations, mais seulement si vous ne cherchez qu’à scalper les sur les annonces d’informations.

The President Is Missing: A Novel best selling on amazon

Product description



The President Is Missing confronts a threat so huge that it jeopardizes not just Pennsylvania Avenue and Wall Street, but all of America. Uncertainty and fear grip the nation. There are whispers of cyberterror and espionage and a traitor in the Cabinet. Even the President himself becomes a suspect, and then he disappears from public view . . .
Set over the course of three days, The President Is Missing sheds a stunning light upon the inner workings and vulnerabilities of our nation. Filled with information that only a former Commander-in-Chief could know, this is the most authentic, terrifying novel to come along in many years.

Review

Praise for The President Is Missing: 

"Ambitious and wildly readable... Clinton and Patterson's fictional commander in chief brims with humanity, character and stoicism."
― New York Times Book Review

"It's a go-to read. It maximizes its potency and fulfills its mission. There's a twist or two of which Frederick Forsyth might be proud. So, if you want to make the most of your late-capitalist leisure-time, hit the couch, crack a Bud, punch the book open, focus your squint, and enjoy." 

― The New Yorker

"Harrowing . . . Mr. Patterson withholds details until the moment of maximum dramatic effect . . . beach reading of a high order."
― The Wall Street Journal

"Sure to entice millions of readers . . . the novel is fascinating . . . President Duncan for a second term!"
― USA Today

" The President Is Missing feels like the result of a strong collaboration . . . It's driven by star power and persuasive-sounding presidential candor . . . This book's a big one."
― New York Times

"An extraordinary event . . . the pages spark to DEFCON 1."
― Washington Post

"This book moves like Air Force One. Big and fast. Clinton and Patterson are a dream combo. Two great storytellers, one inside and one outside, both at the top of the game. They've put together an undeniably gripping ride through the hidden passageways of power and politics. This book teaches as much as it entertains."
― Michael Connelly, #1 bestselling author of the Ballard and Bosch series

"The pages of The President Is Missing are filled with the classic tropes of a big commercial thriller . . . but the authors resist pure escapism . . . The pleasure of this book is in imagining the wild tales Clinton might disclose about his own years as President, if only he could."
― Time

"The plotting is immaculate... the writing is taut."― Sunday Times (London) 

About the Author

Bill Clinton was elected President of the United States in 1992, and he served until 2001. After leaving the White House, he established the Clinton Foundation, which helps improve global health, increase opportunity for girls and women, reduce childhood obesity and preventable diseases, create economic opportunity and growth, and address the effects of climate change. He is the author of a number of nonfiction works, including My Life, which was a #1 international bestseller. This is his first novel.

James Patterson received the Literarian Award for Outstanding Service to the American Literary Community from the National Book Foundation. He holds the Guinness World Record for the most #1 New York Times bestsellers, and his books have sold more than 375 million copies worldwide. A tireless champion of the power of books and reading, Patterson created a new children's book imprint, JIMMY Patterson, whose mission is simple: "We want every kid who finishes a JIMMY Book to say, 'PLEASE GIVE ME ANOTHER BOOK.'" He has donated more than one million books to students and soldiers and funds over four hundred Teacher Education Scholarships at twenty-four colleges and universities. He has also donated millions of dollars to independent bookstores and school libraries. Patterson invests proceeds from the sales of JIMMY Patterson Books in pro-reading initiatives.

     Go to amazon

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About forex trading fbs


FBS is an international broker with more than 197 countries of presence. 7 000 000 traders and 130 000 partners have already chosen FBS as their preferred Forex company.
To provide the best customer experience FBS organizes seminars and special events, providing its clients with training materials, cutting-edge trading technologies and latest strategies on the Forex market. Both newbie and professional traders will find these sessions useful.

Every event is thoroughly planned and prepared in advance to make sure everything goes perfect. During the break guests are offered delicious food and coffee. All meetings take place in a family-like atmosphere, where everyone is welcome and can enjoy the company of the best FBS traders and partners. And most importantly, participation in all our events is absolutely free.
We value diversity of our clients and understand that different categories of customers have different demands. Specially for Muslim traders we provide swap-free accounts (also known as Islamic accounts), that do not contradict with the teachings of Islam.
If you are looking for a reliable and honest broker, consider opening an account at FBS. You will be surprised how easy and comfortable trading on Forex can become when there is a professional company standing behind you.
 
197
countries
 
7 000 000
traders
 
130 000
partners
 
$500 000 000
annual profit of our clients

OUR ACHIEVEMENTS

Founded in 2009, FBS has received numerous international awards, proving its worth to the customers. The company received the titles of the Best FX IB Program, Best FX Broker Indonesia, Best Forex Broker Southeast Asia and Best Forex Broker Thailand, Best International Forex Broker, and an award for the restoration of a damaged road and houses reconstruction for the villagers issued by the Government of Indonesia in 2017, as well as Best Customer Service Broker Asia 2016, Top IB Program 2016, Highly Recommended Broker Insurance Company in Indonesia of the year, Best Forex Brand, Asia 2015, Best Safety of Client Funds Asia 2015, Best broker in Asia-Pacific region 2015, Best broker in the Middle East, and many others.
awards

XM trading Review make money easy

XM (Trading Point) Review



RATING: 4.7 / 33 REVIEWS

Star make money : go To XM and signup

LIVE ACCOUNTDEMO ACCOUNTVISIT XM.COM

Trading Accounts
Account type Minimum deposit Minimum trade size Maximum leverage Average Spreads
Micro $5 0.01 1:500 1.7 pip on EUR/USD
Standard $5 0.01 1:500 1.7 pip on EUR/USD
Zero $100 0.01 1:500 0.1 pips on EUR/USD + $7 / lot (round trip)


XM offers its clients three types to choose from: Micro, Standard and Zero. You may choose from commission-free trading (in Micro and Standard accounts) or tighter spreads, involving commission fees and higher initial deposit (Zero account). The broker offers high leverage levels and floating spreads. Beginners can sign up for Micro accounts with as little as $5, and micro lots are available for trade on all accounts.

What is more, swap-free (Islamic) accounts are available, designated for clients who are not willing to earn interest for religious reasons.

The Company. Security of Funds

Company Country Regulation
Trading Point of Financial Instruments Ltd. Cyprus CySEC
Trading Point of Financial Instruments UK Limited UK FCA
Trading Point of Financial Instruments PTY Ltd. Australia ASIC

Launched back in 2009, XM is the brand name, consolidating the former Trading Point and MegaTrader FX. Based on the sunny island of Cyprus, the broker offers great trading conditions for trading in a wide range of instruments, including 55currency pairs, CFDs on commodities, indices, cryptocurrencies, precious metals, energies and stocks on two trading platforms (MT4 and MT5). What is more, XM provides ultra-fast execution (99.35% of all trades executed in less than 1 second), as well as awesome bonuses & promotions.

XM is the trading name of Trading Point Holdings Ltd., a Cypriot Investment Firm (CIF), registered in the European Union and licensed by Cyprus Securities and Exchange Commission (CySEC). The company has also set up an units in Australia and UK - Trading Point of Financial Instruments PTY LTD, regulated by the Australian Securities and Investments Commission (ASIC), and Trading Point of Financial Instruments UK Limited, which got licensed by UK’s Financial Conduct Authority (FCA) in 2016.

UK, Cyprus and Australia are currently one of the most famous forex broker destinations and probably the main reason for this is the well-balanced regulation. Tough regulation with high entry capital requirements and low maximum leverage has reduced competition in the United States and Japan, while light touch regulation affects credibility and safety.

FCA, CySEC and ASIC apply certain rules and requirements to regulated firms, which are not as stringent as those in the US, for instance, however they provide a good level of credibility. Cypriot and UK brokers must hold at least €730 000 in order to prove their good financial standing, while Australian FX brokers must possess net tangible assets amounting to at least $1 million. Besides, licensed brokers are required to keep customer funds in segregated accounts, separated from the company’s operating funds.

As a further guarantee to clients’ funds, all companies regulated in UK and Cyprus are covered by compensation schemes as additional guarantee to clients funds. All deposits with a UK regulated forex broker up to £50,000 per client are guaranteed by the Financial Services Compensation Scheme (FSCS) - UK’s statutory compensation scheme for clinets of authorised financial services companies. Similarly, Cypriot Investment Firms are members of the Investor Compensation Fund, which is able to pay compensation up to 20,000 EUR, If the company is in default.

Currently, however, Australian forex brokers are not covered by any compensation scheme.

Trading Conditions

Minimum Initial Deposit
In order to open an account with XM, traders have to invest just $5. Such low minimum initial amount is rather attractive, as typically brokers require $100 - $300 as a start.

Spreads & Commissions
This broker offers variable spreads. The typical ones on commission-free accounts amount to 1.7 pips on EUR/USD, which is comparatively high. According to us, the conditions on the Zero account are the most attractive ones: spreads averaged 0.1 pips on EUR/USD and commission $3.5 per standard lot traded (per side). So, basically trading costs on the Zero account amount to around 0.8 pips, commission included, which is a great offer. What is more, you can open a Zero account with just $100.

For purposes of comparison, another leading Cypriot broker, Exness, provides average spreads of 0.4 pips on EUR/USD with $5 commission per standard lot (round turn) on ECN accounts, available against $300 initial deposit. For further information, you may look up real-time spreads of 15 leading brokers here.

Leverage
The maximum leverage with XM is high, reaching 1:888. Some jurisdictions cap leverage ratios at considerably lower levels (1:50 in the USA, 1:100 in Poland). At the end of 2016, CySEC also proposed the dafault leverage provided by Cypriot brokers to be 1:50.

The reason for such leverage limitations is that the higher leverage, the higher the risk of losses, which may even exceed initial investments. However, many Cyprus-based brokers offer leverage levels, similar to the ones provided by XM. More FX brokers offering leverage equal to or exceeding 1:888may be viewed here.

Trading Platforms

When trading with this broker, you will be offered both MetaQuuotes;s platforms - the Metatrader 4 (MT4) and MetaTrader 5 (MT5).

MT4 is an internationally acclaimed trading software, offering a full array of trading tools and features: more than 50 built-in technical indicators, advanced charting package, a wide range of Expert Advisors (EAs) and extensive back-testing options for them. Traders can download ready-made or create their own EAs and let the program do all the work, no human emotions involved. The MT4 with XN is availavle in all forms and shapes: desktop, web, and mobile.

What is more, XM provides MT4 MultiTerminal, which offers a practical and convenient way to manage multiple accounts simultaneously from a single interface (PAMM).

Recently MetaQuotes has been putting a stronger emphasis on the MT5: the hedging function was finally added to it and all versions of the platform have been ehanced. As a result, the number of brokers that support the platform has been on the increase. XM also followed suit and added it to its offerings.

Besides, free Virtual Private Server (VPS) hosting is offered to both new and existing customers of XM who deposit a minimum of $5,000 and trade at least 5 round turn lots per month. VPS hosting allows the execution of orders 24 hours, 5 days a week.

Promotions
This broker is famous for its awesome bonuses and lucrative promotions. By the time of writing this review, XM runs the following promotions:

- 100 % Deposit bonus UP TO $5,000 (only available for Micro and Standard Accounts);
- $30 No deposit bonus;
- Forex World Championship with 41 million pool prize;
- Cash rewards and credit bonuses available under loyalty program.

What is more, as a result of XM’s partnership with rebate service provider PayBackFX, clients of this broker can now participate in a rebate program and get back $5.25 for each closed trade. All they have to do is open a new account, since traders’ existing accounts are not qualified to get cash back.

Methods of Payment

XM supports a wide range of payment methods: credit/debit cards (Visa, Visa Electron, MasterCard, Maestro, China UnionPay, Diners Club International), bank wire transfer and e-wallet payment systems Skrill, Neteller, WebMoney, Paysafe, iDeal, Sofort, Qiwi, CashU, giropay, Przelewy24, FasaPay. Payments through Western Union are also available.

XM covers all deposit and withdrawal transfer fees for payments made via Neteller, Moneybookers and all major credit cards (including VISA, VISA Electron, MasterCard, Maestro and China UnionPay). Additionally, all deposits and withdrawals above 200 USD processed by wire transfer are also included in our zero fees policy.

Conclusion

XM is a EU award-winning broker that offers wide range of trading products and account types on two great platforms under competitive conditions. What is more, it provides Negative Balance Protection, as well as lucrative bonuses to its clients. To sum up the above, here are the advantages and drawbacks with regards to this broker.