XM Journal
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XM Profile
Website
Year
2009
Country
UK
Branches
3
Regulation
FCA UK
Registration
FCA UK, CySEC Cyprus, IFSC Belize, ASIC Australia, BaFin Germany, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FSA Finland, KNF Poland, AFM Netherlands, FI Sweden
Investor protection
Fund protection
UK Financial Services Compensation Scheme (FSCS)
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, Israel, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
1
LPs quality
Other
LPs names
XM Cy
XM Accounts
MM
Minimum Deposit
5 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
1 pips
Commission
0 $/lotRT
Volume
50 lots
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, ZAR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 12 months
| Update broker |
- Full listing profile: XM broker profile
Is XM safe?
- Investor protection: UK Financial Services Compensation Scheme (FSCS)
- Regulation: FCA UK
- Registration: FCA UK, CySEC Cyprus, IFSC Belize, ASIC Australia, BaFin Germany, CNMV Spain, MNB Hungary, CONSOB Italy, ACPR France, FSA Finland, KNF Poland, AFM Netherlands, FI Sweden
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is XM trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - XM website: highly detailed, updated
★★★★★ - XM popularity (by visitor count): top visited
★★★★★
How XM works
Chapter H: General Provisions
63. Market Making
63.1 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a "Market Maker", i.e., we may take the risk of holding certain number of Supported Financial Instruments in order to facilitate trading in these Financial instruments by displaying 'bid' and 'ask' prices ('buy' and 'sell' quotations) for such Supported Financial Instruments on our Online trading Facility...
63.4. You accept that, in such Markets we act as Market Maker, we may hold positions that are contrary to your positions an/or the positions of certain other of our clients, resulting in potential conflict of interest between us, and any such other of our clients.
https://www.xm.com/assets/pdf/new/terms/XM-Client-Agreement-Terms-and-Conditions-of-Business.pdf?v8
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