About Regulated Metals Trading Brokers
Online metals broker regulation is the most sought after qualification by metals traders when it comes to selecting an online Trusted Metals Trading Broker to open a metals trading account with. Regulation is what makes an online metals broker to be considered as a Trusted Metals Trading Broker, When it comes to XM Group, this online Metals and metals broker group is regulated & licensed 3 countries: Cyprus, Australia & Belize. XM Group regulation licenses are shown below & any other additional regulation information can be found on XM Regulation Webpage.
XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 & is regulated by Cyprus Securities & Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 & is regulated by the Australian Securities and Investments Commission (ASIC 443670) & XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia
CY : 12 Richard & Verengaria Strt, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
BZ : Suite 404, Matalon, Coney Drive, Belize City, Belize
XM GROUP - Regulation & Licenses - Metals Trading Broker Reviews
1. Cyprus
Regulated by Cyprus Security & 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 the Financial Services Commission (FSC000261/158)
XM broker is committed to full 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 is signed up & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
Real Time Market Execution of Metals Orders
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution technique. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
Metal Trading Account Types
Micro Metals Trading Account
Standard Metals Trading Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on client's country of residency.
The MICRO trading account allows you to trade with micro lots, lower level of risk & it has minimum initial deposit of $5.
STANDARD account allows you to trade with standard trading lots and it has minimum initial deposit of $5.
The XM ZERO account allows you to trade with standard lots, lower spreads starting at 0 pips & it has minimum initial deposit of $5. XM ZERO account has $3.5 commission per $100,000 traded. Finally, XM ULTRA LOW trading account allows you as a trader to trade with either micro lots or standard lots, lower spread starting from 0.6 pips & it has minimum initial deposit of $5.
Islamic Metals Trading Accounts
Islamic accounts are swapfree, meaning there is no paying/receiving of interest. This metal account is suited for traders looking for Islamic metal trading brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their site once they have opened an account, in this client area or cabinet you can deposit/withdraw your money at any time. By clicking my account and then clicking deposit button key 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 Instruments are available for trading on XM
- Currencies
- CFD's
- Precious Metals - Silver & Metals CFDs
- Energies - Crude Oil CFDs
- Online Metal CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Metals, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Metal CFDs
Bonus on Metal Account Deposit and Loyalty Bonus
1. Free VPS for clients who maintain a minimum account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Acconut signup Bonus for new clients only. No end date for this bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus up to $500 & 20% deposit bonus upto $5,000. No end date for this promotion:
4. XM Loyalty Program offers the clients XM Points (XMP) per lot traded. These XMP can be redeemed at any time for credit bonus which can be used for trading purposes only. No end date for this promotion:
* Trading Bonus and Loyalty Program are not eligible for clients registered under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage isn't available to all entities of the Group. Maximum leverage for clients signed up under the EU regulated entity of the Group is 30:1".
No Requotes Policy
No-requotes policy means this metals broker does not requote the traders as this is a no dealing-desk metal broker, the execution accesses inter bank network meaning they have a variety of liquidity providers to take up the metals orders instantly form this internet-work of banks. This metals broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing desk metal trading broker & a No-Requotes Policy Online Metals Trading Broker.
Software Platforms Metal Trading Softwares
MetaTrader 4 and MT5 metal platforms are available for PCs, MACs, Smartphones and Tablets
Web Trader Platform
Provides Web Platform and traders can log in online when they are away from their computer and interpret the online metal markets. Web platform is accessible from the webbrowser.
Metals Practice Accounts
A Demo is a free practice account given to beginners to practice trading in MT4 and MT5 metal trading softwares: it provides full & unlimited access to the features of the MT4 and MT5 metal trading platforms that include trading, charting and EAs automated trading.
Registration of the practice demo metal trading account is meant for traders to practice Metals with this practice metal account. NB: Demo accounts will be closed if they are inactive for more than 90 calendar days.
Security and Reliability
XM metals trading software is designed with high standards in terms of security, privacy, reliability and integrity. Data is encrypted using High Grade Information Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means that no third party can access information, server is secure, data is backed up in more than one place, and also uses two different server firms located away from each other meaning there's absolute no down time, metals traders always have access to servers and can trade anytime from anywhere in the globe.
XM provides transaction security by the use of information encryption methods that guarantee security of these trade transactions & safe-guard clients' privacy through the Secure Socket Layer, SSL technology technique, otherwise known as https:
HTTPS: High Grade Data Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review - Metal Trading Broker Review
XM is a next generation investment firm enabling investors from more than 190 countries around the world to trade Metals, precious metals, Metals & energies. XM is one of the leading metal brokers in the globe with over 1,000,000 live trading accounts opened from over 190 countries.
From founding of the company in 2009, XM has been committed to providing fair & transparent trading conditions for all the traders irrespective of their capital worth. Metals traders enjoy the no requotes execution available anywhere, bolstered by a strict no requotes & no rejections policy.
