XM

XM

XM Group
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About

IC Markets mission is to create the best trading experience for retail and institutional clients alike allowing traders to focus more on their trading. Built by traders for traders IC Markets is dedicated to offering superior spreads, execution and service. Raw Spreads are the difference you’ve been waiting for. Trade with spreads from 0.0 pips, no requotes best possible prices and no restrictions. IC Markets is the provider of choice for high-volume traders, scalpers and robots. IC Markets is the one of the top choices for automated traders. Our order matching engine located in the New York Equinix NY4 data centre processes over 500,000 trades per day with over two thirds of all trades coming from automated trading systems. Real, deep and diverse liquidity you can trade on. Reduced slippage, with over 29 Billion USD in FX trades processed daily. Low latency fibre optic and Equinix NY4 server, and free low latency collocated VPS available.

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 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

High-volume traders in search of a currency exchange solution to improve their trading experience

Audience

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

Support

Phone Support Supported
24/7 Live Support 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 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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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

  • 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 Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

IC Markets
Seychelles
www.icmarkets.com/en/

Company Information

XM Group
www.xm.com

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

Vantage

Vantage

Vantage Markets
IUX

IUX

IUX
IUX

IUX

IUX

Categories

Categories

Currency Exchange Supported
Forex Trading Supported

Integrations

Equinix Supported
MetaTrader 4 Not Supported
MetaTrader 5 Not Supported
Quantower Supported

Integrations

Equinix Not Supported
MetaTrader 4 Supported
MetaTrader 5 Supported
Quantower Not Supported
Claim IC Markets and update features and information
Claim IC Markets and update features and information
Claim XM and update features and information
Claim XM and update features and information