"Very very very Great and active support team"

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Broker Information

  • Company Name: Trading Point of Financial Instruments Ltd
  • Founded: 2015 and 2016
  • Country: Cyprus, Australia, UK

Platform Info

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

Broker Services

  • Regulators: CySEC, FCA, ASIC
  • Bonus: 50% and 20% deposit bonus up to $,5000 (t&c apply)
  • Minimum Deposit: $5
  • Leverage: 1:30
  • US Clients: No
  • Funding Methods: Credit/ Debit Card, bank wire transfer, local bank transfer, Neteller, Moneybookers Skrill, etc

XM Review

XM Group is a group of regulated online brokers. The trading point of financial instruments Ltd was established in 2009 and is regulated by the Cyprus Securities and Exchange Commission (CYSEC 120/10). The Pty Ltd financial instruments trading point was established in 2015 and is regulated by the Australian Securities and Investments Commission. (ASIC 443670) and point of commerce of the financial conduct authority (FCA 705428).

xm broker

Features

XM is the next generation broker for currency trading and commodities online, and offers a wide range of progressive functions for currency trading, stock CFD, commodity CFD, equity index CFD, CFD Precious metals, CFD energy and Cryptocurrencies. What makes XM stand out is that there are no re-quotes or rejections of trading orders, no hidden commissions or commissions, and 99.35% of orders are executed in less than 1 second.

The XM group offers a 1:30 leverage in the industry. More than 60 currency pairs and more than 100 financial instruments can be traded both online and by telephone on 8 advanced trading platforms. In addition, there are no upper limits to deposits.

Beginning and experienced operators can also benefit from superior services and the same business conditions, whether they open a real account or a demo account. The record is currently available in 17 languages, and trading can start with a minimum of. deposit of USD5 in several currency accounts, or in demo accounts without maturity financed with USD100,000 in virtual currency. Clients can benefit from adjusted spreads as low as 0 pips on major currency pairs.

Customers can choose between three types of forex accounts with customized terms and base currency options for USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR: MICRO account (1 microlote = 1,000 units of the base currency), STANDARD account (1 standard lot is 100,000 units of the base currency) and XM ZERO account (1 standard lot is 100,000 units of the base currency).

With differentials generally adjusted in more than 60 currency pairs and a differential as low as 1 for the Micro and Standard account types and a differential as low as 0 for the XM Zero account type

, XM also offers fraction pricing pip so that customers can operate with tighter spreads and benefit from the most accurate quote possible.

Spreads and Leverage

The 1:30 leverage offered by XM is unique in the industry. Over 60 currency pairs and over 100 financial instruments can be traded both online and by phone on 8 advanced trading platforms. Besides, there are no upper limits to deposits.

XM Platform

Both demo clients and XM customers of real accounts can trade in up to 8 commercial platforms that support market, limit, stop and end orders, and directly accessible from 1 account. This speeds up business operations and gives operators great flexibility to make transactions from anywhere and at any time with ease. In XM, the multi-award winning platform Metatrader 4 works with an unlimited number of real and demonstration accounts, and expert advisors (EA) are also admitted.

The commercial software available is as follows: Terminal MT4; MT5; MT4 for Mac; Web Trader; iPhone Trader; iPad Trader; Droid Trader; Mobile trader XM Group has multiple account holders with unlimited use of graphics and EA.

Deposits and Withdrawals

The protection of the negative balance, the policy of recotizations and hidden commissions and without recotizaciones, together with the policy of execution of the strict market and in real time, locate XM among the most sought forex brokers.

The financing of the account is 100% automatic and processed 24/7, while withdrawals on the same day are guaranteed. Customers can choose from several modern payment options, with a wide geographical coverage: credit cards (VISA, VISA Electron, MasterCard, Switch, Solo) bank transfer, Neteller, Moneybookers Skrill, etc. The recently introduced local bank transfer option allows investors to finance their accounts through their own local banks (in 58 countries of the world) and their local currencies. There are no hidden fees or fees for funds transfers, and all transfer fees are covered by XM.

Beginners’ and Customer Support

Managers of multilingual personal accounts are available to customers of demo and real accounts through live chat, by phone or by email in more than 14 languages, assisting them with professional assistance 24 hours a day, 5 working days.

The rich forex educational material is available to customers, with free weekly interactive webinars, as well as free MT4, MT5 video tutorials and unique development. The multilingual business calendar, along with currency news and market analysis provided by XM’s financial experts, helps customers track market changes and tailor their business decisions accordingly.

Conclusion

The staff of XM (TradingPoint) is committed to satisfying all your needs with integrity, transparency and determination to provide a good service. The firm has passed quickly through its initial development stage, as evidenced by the preponderance of favorable reviews, which fall in the “7 out of 10” region of satisfied customers in Internet review sites. The benefits of choosing this broker are clearly indicated on the home page of your website:

  • Licensed in the EU
  • Tight Spreads from 0 Pip
  • Flexible Leverage up to 1:30
  • Commission given only for XM Zero account types
  • $30 non-deposit Bonus up to $5,000(t&c apply)
  • 24 Hour Support
  • No Re-quotes
  • Fast and Easy Withdrawals
  • Personal Account Managers
  • Phone Trading

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

 

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