Regulated Broker Information
Online broker regulation is the most sought after qualification by traders when it comes to choosing an online Gold & broker to open a account with. Regulation is what makes an broker to be regarded as a reliable broker, In XM Group, this online Gold & broker group is regulated and licensed 3 countries: Cyprus, Australia & Belize. XM Group regulation licenses are shown below & any other additional regulation info can be found on XM Regulation Webpage.
XM Group (XM) is a group of regulated brokers. Trading Point of Financial Instruments Limited was founded in 2009 and is regulated by Cyprus Securities & Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Limited was founded in 2015 and is regulated by Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was founded in 2017 & is regulated by Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George St, Sydney, NSW 2000, Australia
CY: 12 Richard & Verengaria St, Araouzos Castle Court, Third Flr, 3042 Limassol, Cyprus
BZ: Suite 404, The Matalon, Coney Avenue, Belize City, Belize
XM GROUP - Regulation and Licenses - Trade Online Broker Reviews
1. Cyprus
Regulated by Cyprus Security and Exchange Commission, its License Number - CySEC 120/10.
2. Australia
Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities and Investments Commission)
3. Belize
Regulated in Belize by Financial Services Commission (FSC000261/158)
XM is committed to maximum business transparency when it comes to Online trading & this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it's registered & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
Live Time Market Execution of Orders
No-Re quotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution technique. XM has 100 percent% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Re quotes Execution Policy).
Gold Account Types
Micro XAUUSD Account
Standard Account
XM Zero Trading Account/XM Ultra Low Account
*The Trading Accounts availability depends on client's country of residency.
The MICRO account allows you to operate with micro lots, lower level of risk & it has minimum initial deposit of $5 dollars.
STANDARD account allows you to operate with standard trading lots and it has minimum initial deposit of $5.
XM ZERO trading account allows you to transact with standard lots, lower spreads beginning at 0 pips and it has minimum initial deposit of $5 dollars. XM ZERO trading account has $3.5 commission per every $100,000 dollars traded. Finally, XM LOW-COST account allows you to trade with either micro lots or standard lots, lower spread starting from 0.6 pips & it has minimum initial deposit of $5.
Islamic Trading Accounts
Islamic trading accounts are swapfree, meaning there is no paying/receiving of interest. This account is suited for traders looking for Islamic trading online brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their web site once they have opened an account, in this client area or cabinet area you can deposit/withdraw your money at any time. By clicking my account & then pressing deposit button then fill the details, for withdraw just click my account & then the withdraw button. Withdraw Requests are also processed on the same business day & receipt of funds is issued within the same day.
What Trading Instruments are available for trading on XM Online Broker
- Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver and XAUUSD CFDs
- Energies - Crude Oil CFDs
- Online Stocks CFDs
- Commodities CFDs
- Crypto CFDs
Trade FX, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Stocks CFDs
Bonus on Account Deposit & Loyalty Bonus
1. Free VPS for customers who maintain a minimum trading equity balance of US Dollars 5,000. No ending date for this bonus promotion:
2. $30 Non Deposit Trading Account Bonus for new clients only. No ending date for this bonus promotion:
3. The two-tier deposit bonus offers 50 % deposit bonus upto $500 and 20 percent% deposit bonus up to $5,000. No end date for this bonus promotion:
4. The XM Loyalty Bonus Program provides traders XMPoints XMPs per lot traded. These XMP can be redeemed by-a-trader at any time in-exchange for credit loyalty bonus that can be used for trading purposes only. No ending date for this bonus promotion:
* Bonus & Loyalty Program are not eligible for clients registered under Trading Point of Financial Instruments Ltd.
Leverage
Max Leverage* is 1:888
Leverage* "This trading leverage isn't available to all entities of the Group. The max leverage for customers registered under the EU Zone European Union regulated entity of the Group is 30:1".
No Re quotes Policy
No-requotes policy means this broker doesn't re-quote the traders as this is a no dealing-desk xauusd trading broker, execution accesses inter bank network meaning they have a variety of liquidity providers to take up the orders instantly from this inter-network of banks. This online broker follows a no re quotes policy for its clients making it the broker for the traders looking for a non dealing desk broker and a No-Re quotes Policy Online Broker.
Platform Softwares Platforms
MT4 and MetaTrader 5 platforms are available for PCs, MACs, Smartphones & Tablets
Web-Trader Trading Software
Provides Web Platform & traders can log in online when they are away from their computer & interpret the online trading markets. The Web trader software is-accessible from the web browser.
Demo Trading Accounts
A Demo is a free practice trade account given to beginner traders to practice trading in MetaTrader 4 & MetaTrader 5 softwares: it provides full and unlimited access to the features of the MT4 and MetaTrader 5 platforms that include trading, charting and Expert Advisors automated trading.
Registration of the practice practice trading account is meant for traders to practice Trade with this practice account. NB: Demo accounts will be liquidated if they are inactive for more than 90 calendar days.
Security & Reliability
XM gold trading software is designed with high standards in terms of security, privacy, reliability and integrity. Information is encrypted by using High Level Encryption Key (TLS_RSA_WITH_AES_128_CBC_SHA, 128-bit keys) 128-bit keys, which means no third party can access info, the server is secure, information is backed-up in more than one location, & also uses 2 different server companies located away from each other meaning there is absolute no downtime, traders always have access to servers and can trade anytime from anywhere in the world.
XM provides transaction security by use of information encryption techniques that guarantee the security of these trades & safeguard clients' privacy through the Secure Socket Layer, SSL technology strategy, otherwise known as https:
HTTPS: High Level Information Encryption Key (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Broker Review - Trade Online Broker Review
XM is a next generation investment company facilitating traders from more than 190 countries around the world to trade XAUUSD, valuable metals, Gold & energies. XM is one of the leading brokers in the world with over 1,000,000 live accounts opened from over 190 countries.
From the founding of the company in 2009, XM broker has been committed to providing fair & transparent trading conditions for all clients irrespective of their trading capital worth. Traders enjoy no-requotes execution available anywhere, bolstered by a strict no re quotes and no rejections policy.
Study More Lessons and Courses:
- Gold Basics
- How to Draw XAUUSD MetaTrader 5 Trendlines in MT5 Charts
- Spinning Tops Candlesticks Patterns & Doji Candlestick Patterns
- Best Gold Indicators for Gold Traders
- How to Trade MetaTrader 4 Fibonacci Expansions Trading Indicator on MT4 Trading Software
- MT4 Ehlers MESA Adaptive Moving Average XAU/USD Indicator
- Acceleration Deceleration Technical Indicator Strategy Tutorial
- Types of Leverage Ratio Tutorial Tutorial
- How Do You Draw Downwards Gold Channel in MT4 Chart?
- Entry Stop Gold Orders: Buy Stop Gold Order vs Sell Stop Gold Order