XM

XM

XM Group
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About

RoboForex Ltd is a financial brokerage company that has been operating since 2009. The company provides seamless access to more than 12,000 instruments for trading, including Stocks, ETFs, and other popular assets such as Gold, Oil, and Indices, among others. RoboForex clients can use cutting-edge trading platforms as well as the company's proprietary copy-trading system CopyFX. Furthermore, RoboForex provides the opportunity to earn an added income within one of the best Partner programmes on the market. Any trader, fintech developer, or content creator can join it to attract new clients to the Company and earn an astonishing amount that can reach 84% of the Company's revenue. One of the advantages of the programme is its flexibility, meaning a partner can customise the conditions and build their own multi-level network.

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 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

Anyone who is interested in trading on the financial market, or would like to earn income as a partner of a brokerage company.

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 Supported
Free Trial Supported

Pricing

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

Reviews/Ratings

Overall 4.6 / 5
ease 4.4 / 5
features 4.7 / 5
design 4.4 / 5
support 4.9 / 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

  • Flexible account types, easy transition between them, accurate reporting. Fast and transparet withdrawals.
  • Smooth daily workflow, clear cost structure, dependable cash handling and helpful support. Overall good!
  • Trading conditions are the main reason I stay: low minimum deposit, MT4/MT5, CopyFX, tight Prime/ECN pricing and a useful cent account for testing strategies. Withdrawals of modest amounts worked for me, and the platform choice is better than at many offshore brokers.
  • I like the range of platforms: MT4, MT5 and R StocksTrader with a very large instrument list. Spreads from 0 pips on ECN/Prime plus a low first deposit make the broker accessible. Several free withdrawals per month save money, negative balance protection is useful, and order execution has been stable enough for my day trading.
  • I did not want to sit at a desktop all day, so I tested the mobile app first. Placing trades from the phone is straightforward, the deposit posted immediately, and no surprise fees showed up after I finished registration. For a small lot size it has been enough.

Cons

  • Standard Pro account spreads are noticeably wider than ECN conditions.
  • Educational content is limited compared with some larger brokers.
  • Support quality is uneven and tickets can sit unanswered for hours. Regulation is only FSC Belize plus Financial Commission membership, which is weaker than FCA or ASIC. Some reviews about extra verification before payouts made me cautious with larger balances.
  • Base currencies are limited to USD and EUR, so conversion can add cost. The number of account types is confusing at the beginning, and live chat sometimes asks you to wait longer than expected.
  • I still wish the charts on mobile had a few more tools. On a small screen it is easy to tap the wrong side when the market is moving fast.

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 Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Company Information

RoboForex
Founded: 2009
Belize
roboforex.com

Company Information

XM Group
www.xm.com

Alternatives

Alternatives

Vantage

Vantage

Vantage Markets
IUX

IUX

IUX
CopyFX

CopyFX

RoboForex

Categories

Categories

Currency Exchange Supported
Forex Trading Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
CopyFX Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
CopyFX Not Supported
Claim RoboForex and update features and information
Claim RoboForex and update features and information
Claim XM and update features and information
Claim XM and update features and information