XM Verified User Reviews
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"I'm used to this platform and all the tools" Posted 2024-05-16
Pros: Convenient trading platform and its mobile application.
Favorable trading conditions for my trading style.
And I also need to say about reliability of this company.Cons: A long time ago, at the very beginning, it seemed difficult to trade on this broker's platform. But just a few weeks later, I felt confident.
Overall: As a rule, on Mondays I open desktop version of platform and after that I control all orders using mobile app.
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"Good experience " Posted 2024-05-06
Pros: My experience with XM has been nothing short of good, since registration everything has been smooth. I like how easy it is to use the platform.
Cons: Not really sure about the custom platform, but I need to give it a while.
Overall: In short, it’s a great platform and you should give it a shot. Everything works the way it should, and a lot of times, it exceeds my expectations.
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"Essence of support and resistance" Posted 2024-04-26
Pros: The fact that I can choose from multiple platforms is big plus here, especially MT5 with its tools. Then, there are lots of trading instruments to choose from. Another benefit is availability of good educational materials.
Cons: Though spreads might seem low, the swaps I get on some assets are in the high territory for me. Also, a minus for turbo stocks is that I can not use that high leverage of 1:200 when holding stocks for more than a day.
Overall: Trading here with XM has been generally good. I use MT5 for my charting. My style of trading is based on identifying support and resistance lines and trading their penetrations. I prefer those lines with forming with at least 1 month length. Better to use MT5's horizontal lines for that, also trend lines can help.
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"XM helps to manage and operate within the financial market." Posted 2023-05-04
Pros: XM is an exceptional Broker for the management of financial services, with the help of this platform you can have a complete connection between the capital you have and the capital you want to invest in the stock market. I love the way XM can double the money you deposit into it, they give you a bonus that allows you to double your deposit so you have more money to trade within the various currency pairs. I really like that XM allows you to totally change the number of lots you want for your account, also, XM allows you to withdraw and deposit money in a very short time, each withdrawal takes approximately 10 minutes to process to wallets like Skrill or Neteller, and it takes approximately 20 minutes for deposits to appear in your XM account. Another positive thing is that I love the Mini Lots system within XM, this system allows you to trade small amounts in one account without risking as much capital.
Cons: The verification process is somewhat late within XM, when you send all your identity documents and residence documents, you must wait between 24 to 48 hours for these data to be processed correctly and you can use your XM account, this time is really quite extensive. Another negative thing is that XM has an almost zero support team, on several occasions I have tried to contact them but I have not been successful, they do not have live support and they take a long time to answer a request ticket.
Overall: In general, I have loved using XM, mainly because I have felt very safe depositing my money within this platform, in addition, the various bonuses that they constantly give me make my account grow even more and I can trade within the financial markets with much more money and more lots within each trade. XM has very low withdrawal and deposit commissions and also has low commissions for each closed operation, in addition, all types of accounts within XM work perfectly, my favorite has been the Mini-Lot type account. I will continue to use XM to trade within the different markets safely.
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