XM: Review, Opinion and Spreads of the Forex, CFD and Futures Broker
Spreads | ||||||
EUR/USD | GBP/USD | USD/JPY | EUR/CHF | USD/CAD | USD/CHF | EUR/JPY |
1.7 | 2.5 | 1.85 | 3.6 | 2.0 | 3.0 | 2.7 |
About XM:
XM, or otherwise known by their registered brand name XM, was started by a group of interbank dealers, and they operate under full European Union authorization, including BaFin and FIN. XM offers over 60 currency pairs and over 100 financial instruments for trading. Their 30:1 leverage is considered a unique selling point, and they also have no hidden fees, commissions, or rejections of trading orders. Execution is quick and easy, and users can start trading with an incredibly low minimum deposit of £5.
Pros
- Free tutorials and seminars
- Spreads
- Demo account of $ 100,000
Cons
- MT5 not available
Last Update on 08/05/20
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