XM.com, a trading name of Trading Point Holdings Ltd headquartered in Cyprus, was founded in 2009. It is regulated by CySec, ASIC in Australia and FCA in the UK.
It also authorized to provide regulated products and services throughout Europe by the UK’s Financial Conduct Authority.
If you choose XM Group for a broker you get the opportunity to trade more than foreign currency pairs. They also give their clients the opportunity to trade commodities, CFDs, equity indices, energies, cryptocurrencies and precious metals. And there are plenty of incentives including a 24/5 customers services desk, tight spreads, prompt executions, no commissions, flexible leverage up to 30:1, personal account managers, automated trading and a wealth of promotions and special offers. Leverage applies to all the EU regulated entities of the group. Leverage depends on the financial instrument traded.
It does not currently offer its services to residents of the USA, North Korea, Iran, Myanmar, Cuba, Sudan, and Syria.
XM Group currently offers the MT4 and MT5 platform with availability for almost every type of platforms namely PC, Mac, WEB, iPhone, Android, iPad and Android tablets.
XM Group have a pretty low minimum deposit requirement of just $5.
The most commonly used Local Payment methods today including Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc
The currencies supported for the transfer are USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF.