About Regulated Brokers
Online broker regulation is the most sought after qualification by traders when it comes to choosing an online Trusted Broker to open a account with. Regulation is what makes an online broker to be considered as a Trusted Broker, In XM Group, this online Gold and xauusd broker group is regulated & licensed 3 countries: Cyprus, Australia and Belize. XM Group regulation licenses are shown below and any other additional regulation data can be found on XM Regulation Webpage.
XM Broker Group (XM) is a group of regulated brokers. Trading Point of Financial Instruments Ltd was established in 2009 and is regulated by Cyprus Securities & Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Limited was established in 2015 and is regulated by Australian Securities and Investments Commission (ASIC 443670) and XM Global Ltd was established in 2017 & is regulated by Financial Services Commission (FSC000261/158).
XM Address Listing:
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 & Licenses - XAUUSD Trade Broker Reviews
1. Cyprus
Regulated by Cyprus Security & Exchange Commission, its Registration 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 FSC (FSC000261/158)
XM is devoted to full transparency in Online trading & this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it is registered and licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
Live Time Market Execution of Trade Orders
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution method. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
XAUUSD Account Types
Micro Trading Account
Standard Trading Account
XM Zero Trading Account/XM Ultra Trading Low Account
*The Accounts availability depend on trader's country of residency.
The MICRO account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5.
STANDARD account allows you to operate with standard lots & it has minimum initial deposit of $5.
XM ZERO account allows you to trade with standard lots, lower spreads beginning at 0 pips and it has minimum initial deposit of $5. XM ZERO account has $3.5 commission for every $100,000 transacted. Finally, XM ULTRA LOW trading account allows you as a trader to trade with either micro lots or standard contracts, lower spread starting from 0.6 pips and it has minimum initial deposit of $5.
Islamic Accounts
Islamic accounts are swapfree, meaning there is no paying/receiving of interest. This xauusd account is designed for traders searching for Islamic trading brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their site once they have opened an account, in this member area or mycabinet area you can deposit/withdraw your equity at any time. By clicking my account & then clicking deposit button then fill the details, for withdraw just click my account and 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 Broker
- Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver and Gold CFDs
- Energies - Crude Oil CFDs
- Online Stocks CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Stocks CFDs
Bonus on Trading Account Deposit & Loyalty Bonus
1. Free VPS service for traders who maintain a minimum equity balance of USDUS--Dollars 5,000. No end date for this promotion:
2. $30 Non Deposit Trading Account Bonus for new clients only. No end date for this promotion:
3. The two-tier deposit bonus offers 50% deposit bonus upto $500 and 20 % deposit bonus up to $5,000. No end date for this promotion:
4. The XM Loyalty Bonus Rewards Program provides the clients XM-Points (XMP) per lot traded. These XMPs can be redeemed at any time for credit loyalty bonus which can be used for trade purposes only. No end date for this promotion:
* Bonus & Loyalty Program aren't eligible for clients signed up under Trading Point of Financial Instruments Limited.
Leverage
Max Leverage* is 1:888
Leverage* "This leverage is not available to all entities of the Group. The maximum leverage for clients signed up under the EU European Union regulated entity of the Group is 30:1".
No Requotes Policy
No-requotes policy means this broker does not requote the traders as this is a no dealing desk xauusd broker, execution accesses inter bank network meaning they have a variety of liquidity providers to take up the orders instantly from this net-work of banks. This xauusd broker follows a no re quotes policy for its clients making it the online broker for traders looking for a non dealing desk xauusd broker and a No-Requotes Policy Online Broker.
Platform Softwares Platforms
MT4 and MetaTrader 5 platforms are available for PCs, MACs, Smartphones & Tablets
WebTrader Software
Provides Web Platform and traders can log in online when they are away from their computer and interpret the online markets. The Web trader software can be accessed from the browser.
Demo Accounts
A Demo is a free practice account given to novice traders to practice trading on MetaTrader 4 and MetaTrader 5 platforms: it provides full & unlimited access to the features of the MT4 & MT5 softwares that include trading, charting & Expert Advisors automated trading.
Registration of the practice practice xauusd account is meant for traders to practice with this demo account. NB: Demo accounts will be closed if they are inactive for more than 90 calendar days.
Security & Reliability
XM platform is designed with high standards in terms of security, privacy, reliability and integrity. Information is encrypted using High Level Encryption Keys (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, data is backed up in more than 1 location, & also uses two different server firms located away from each other meaning there's absolute no down time, traders always have access to servers & can trade anytime from anywhere in the world.
XM provides transaction security by the use of information encryption techniques that guarantee the security of these trade transactions & safeguard clients' privacy through the Secure Socket Layer, SSL technology method, otherwise referred to as https:
HTTPS: High Grade Information Encryption Keys (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review - Trade Broker Rating
XM is a next generation investment firm facilitating traders from more than 190 countries around the world to trade Gold, precious metals, Gold and energies. XM broker is one of the leading brokers in the world with over 1,000,000 real accounts opened from over 190 countries.
From the establishment of the company in the year 2009, XM broker has been committed to providing fair & transparent conditions for all clients irrespective of their capital net worth. traders get to enjoy the no requotes execution available, bolstered by a strict no re quotes & no rejections policy.