XM

XM

XM Group
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About

FXCess is a leading global broker registered in Bermuda. The broker was established with a strong commitment to transparency and a focus on delivering great products at competitive prices. 🤩 Their primary goal is to provide excellent trading conditions that cater to both beginners and professional traders, setting themselves apart with their fast execution and low-cost trading! 🙌 With FXCess, traders can gain access to more than 300 financial markets across 6 asset classes with tight spreads and flexible leverage. Also, a dedicated support team is available 24/5 to provide assistance.

About

XM Group is an internationally established trading and investment firm, with over 20 million clients, from over 190 countries. Armed with multiple international licenses, XM offers competitive services for retail traders, investors, and affiliates. With over 15 years of serving clients, XM has proven to be fair, trustworthy, and dependable. Traders can access over 1,400 instruments on more than 10 platforms, including the XM App. The award-winning broker is known for low-cost accounts, excellent support, and outstanding live education.

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Anyone wanting a platform to start trading

Audience

Institutions, organizations and individuals searching for a solution to trade over 1400 different instruments

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.8 / 5
ease 4.5 / 5
features 4.7 / 5
design 4.7 / 5
support 4.7 / 5

Reviews/Ratings

Overall 4.7 / 5
ease 4.7 / 5
features 4.7 / 5
design 4.7 / 5
support 4.7 / 5

Pros & Cons from Real Users

Pros

  • As someone who relies heavily on Fibonacci retracements and harmonic patterns, the drawing tools here are the best I've used.
  • They offer mt4 - some might argue it's a drawback they're limited to just one metatrader platform, but to me mt4 is the only platfrom you need to do trading. It's the standard. The selection of shares and indices is big enough And of course good spreads, nothing to get worried about
  • Trading conditions and infrastructure. Nice ECN account with a good commission and execution. Metatrade4, outdated in interface, but still relevant in terms of customization and community support. Trading processes were organised without delays. It’s always a positive for any broker.
  • Support service that is really supportive. I mean it’s not just robots that give the same answers like I can find in FAQ section, but professionals who can answer trading related questions and handle challenging situations. Another pro, how straightforward the platform is. I didn’t get stuck in the labyrinths, connecting to my mt4 terminal right away.
  • The market range is okay and the leverage of 1000x is a big plus for forex traders who want more flexibility

Cons

  • Trading app could be improved, the MT4 one feels a bit generic.
  • I didn't like they made me wait when I sent them a couple of my requests about my accounts. I think the broker should work on that.
  • I think the platform would be a problem. If you’re not familiar with mt4 or don’t like it, you’re done! And the small one is a little bit annoying with card verification with all these photos and information to fill in…
  • Not best spreads on standard account and maybe lack of other non-MT platforms too.
  • The payment methods available are just too basic and not flexible

Pros & Cons from Real Users

Pros

  • Wanted to diversify fund and try new things like copy trading on xm. I felt like i was choosing some shares with ther own performance. I could win rate drawdowns and pick to invest.
  • Speed mattered to me much and they delivered. Orders got filled without rejections, payments approved automatically.
  • Ultra low account spreads of course. Professional support, not just bots. Useful features to find on the web platform.
  • It was nice having spreads below 1 pip and at sertain times close to 0.4-0.5 pips. Very important for my trading strategy, focused on forex scalping.
  • The user interface is highly intuitive, features fast navigation speeds, provides precise automated charting via TradingView that works well.

Cons

  • Some of them thou had very high fees up to 50%. But the average was around 25% which was also not low.
  • Wasn’t fun of their web traders really… Charting is top-tier, but indicators and tools are limited. Not a fan of MT platforms either.
  • No bonus on ultra low accounts. Not much payment methods. No local options.
  • Unfortunately, they don’t offer any bonuses on this account. It was sad, because it would serve as additional motivation for me.
  • The desktop version takes a bit long for the to synchronize on launch. Idk, maybe my laptop is getting old :/

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

Fxcess
Founded: 2010
Bermuda
www.fxcess.com

Company Information

XM Group
www.xm.com

Alternatives

Alternatives

Vantage

Vantage

Vantage Markets
IUX

IUX

IUX
T4Trade

T4Trade

Tradeco Limited

Categories

Categories

Currency Exchange Supported
Forex Trading Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Not Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Claim Fxcess and update features and information
Claim Fxcess and update features and information
Claim XM and update features and information
Claim XM and update features and information