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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.
XM Group
Overall
Hmm ..my expirience is not so good .. i open account with trading point about 2 monts ago .. here is what i think
customer servise --- good .
order exicution ---- good
no requotes --- very good
spread ------ very very bad ( at times spread goes up to 4.0 )
right now the time is 13.55 GMT speads are
eur/usd -- 2.30
gbp/usd -- 2.60
aud/usd - 3.10
eur/jpy -- 3.40
over all i give them 2/5 out of 5 ...
Overall
A good broker with great service. Any time I can change my micro account leverage and easily deposit and WD using Liberty Reserve.
Overall
This broker is one of the best brokers I've ever used, The support is awesome , anytime you need help the will call you , sometimes my manager calls me just to ask how is everything . also for Muslims they allow to open swap-free account with the deposit only 5$ not like others from 1000$ and more . There server is fast till now I never saw a disconnect or something like that. I spread is fine from 1.5 pip till 2 pips and sometimes change . I also like the 0 fee on withdrawal and deposit . If you are new to forex this is the company that you need.
Overall
“ I am trading with this broker for almost last one year. A very good broker. Instant execution. Excellent customer care service. Variety of methods for deposit & withdrawals. I never had any problem with this broker in my whole trading period with them. Trading point is one of the best broker I've experienced so far. They are transparent and they don't re-quote. The initial deposit is only 5$. You can start trading with only $0.02. Its really amazing for the beginners who don't want to risk much of his money. Trading point is regulated is Cyprus, so you can put your trust on this broker.”
Overall
I have traded forex with many brokers, but trading-point is the best among them. I have been trading with them since 6 months and haven’t had any major problem yet. Even if any problem sprouted, it would all be sorted out by the end of live support chat with one of the companies’ customer care representatives. It provides amazing leverage of 500:1, which is really great for small traders like me. Mostly all my trades are executed immediately without any delay even if it’s big or small volume orders. And since it’s a regulated and registered broker I wouldn’t doubt its business and legality. In whole trading-point is an awesome broker for me and would recommend it to anyone.
Overall
I have account with Trading Point and happy with the quality of good service I am getting.All orders big and small instantly filled ,
I make withdrawal 2 times to moneybookers no problem.MT4 good, and no requotes account manager . online chat always helpful very fast and ready all the times. very serious compnay i recomand all the traders .
i haven't had any problem with the broker and if anytime a problem occurred i would press the live chat icon and would have my problem solved by the end of the chat. I salute them for their prompt and efficient customer service. The other thing that i like about this broker is its leverage 500:1, which is really beneficial to any small investor like me. The broker is registered with FSA UK and regulated by the Cyprus Securities and Exchange Commission (CySEC), because of which its legality cannot be doubted. Overall i like the broker and hope to carry out my future tradings with them.
Overall
I have used this broker since the start start
Why Trading Point??
Have been using this brokerage for about 8 months now, very friendly staff. Haven\'t encountered any problems yet, great for scalping.
Great service, great trade execution so far. The MT4 platform is super fast. Best i\'ve used. All orders big and small instantly filled no delays. They have no minimum SL/TP levels which works well for my scalping and EA\'s
Forex trading with no minimum deposit, tight spreads as low as 1 pip, leverage up to 1:500 and Trading Point's unparalleled service.
Overall
I have used them for about 8 months now, and have had no issues with them, would recommend them to anyone..
Overall
I've only been with Trading Point for a few months (I opened an account with them after FXCM UK kicked loose all its U.S. clients), but so far I'm very happy with them, haven't had any problems at all. Generally good spreads - certainly for the major pairs anyway; orders usually go right through without requotes; no problems with running EA's (although honestly, I don't use them very often); customer service timely and helpful.
Overall
I opened 2 accounts today, one for my father and one for myself. I received excellent service from Diana Munoz. Following her phone call, she guided me through the entire account activation procedure via the chat facility and a couple of hours later the accounts were opened and funded.
Some misleading information on the website however; There is a PDF file which states that you fill it in, print it, sign it, scan it and email it. You no longer have to do this as you can make the whole application online and email it straight back along with supporting documents.
Also, they no longer accept Paypal.
In the last six weeks I have been running tests on demo accounts on 8 well known brokers. I'm using my personal EA and identical settings on all and started exactly at the same time. Trading Points has by far outrun the other 7 in speed of execution and profitability.
Overall
I have an account with 3 brokers including Trading Point. They do have a lot of great advantages and offer a nice bonus scheme for all deposits which I find quite appealing. I also have 2 other accounts with other brokers for the fact that I like to be with and ECN broker and also one that offers a web based platform – 2 things that I did not find from Trading Point; nevertheless they do offer extremely fast execution and the fact that they advertise a No re-quote policy was what convinced me to open an account in the first place as for me this is extremely important as I like to trade during news hours and have had bad experiences in the past with re-quotes.
Overall I have had no troubles so far with Trading Point, have been trading since December, simply for the fact that I can trade the news with peace of mind of no re-quotes and when I asked for a withdrawal the process was efficient enough. They fulfill the three things I look for in a broker, which are: regulation, no re-quotes and 24/5 customer support.
Overall
I am having a very good impression of this broker:
Micro accounts,
no minimum deposit,
accept deposits with PayPal,
20% & 10% bonuses on deposits,
personally welcoming (!)
1:500 leverage
low spread,
fast and detailed data stream (graphics) (compared to other brokers)
fast execution,
no requotes,
Expert Advisors allowed
Scalping allowed
Overall
Great Broker! Great service, Great execution and best of all for me is the great care they take of their clients through chat. Their chat service has been very helpful and a Mr. Costas K. from the chat has explained to me what so many other brokers had failed to clarify for me with regards to margin and the bid and ask prices and their implication when closing or opening an order; most essential of all is that he explained to me that the MT4 candle sticks only reflect the Bid price and as such when closing a sell order through a TP/SL it is the Ask price I must look at. I cannot begin to mention the number of times I thought that I was wrongfully stopped out on a sell order, as it is the bid prices that are reflected on the MT4 platform and when I asked other brokers about this they did not properly explain things to me.
Overall
Christian A Zacharia, representative of Trading Point of Financial Instruments
Dear Mr/Mrs Rick
After closely reviewing your post under our brokerage rating I have taken the time to very closely cross reference all the information which you disclose in the above “review” to protect the reputation of Trading Point of Financial Instruments.
Please note the following very carefully:
1. The name or “nickname” attached to your post does not match any of our records as a client of Trading Point.
2. No withdraws by Bank Wire seem to have been requested during the period mentioned above.
3. Moreover No Withdraws through Bank Transfer have been requested with any misspelling what s o ever in the record of the company since its foundation.
4. Daily reports are sent to all customers regardless if they have filed a request or not; its part of an automated procedure carried out by the MT4 which is our trading platform.
5. Account Managers to do not attend any meetings what so ever during business hours; all meetings are held after normal business hours.
It is with great sadness that I have to be convinced that this is a misleading message from competition and/or a fraudulent client whose account has been terminated due to illegal activities either in regards with trading or payment;
However in the case that the author of the review may feel that there is even the slight possibility that my research and investigation is mistaken I encourage him to provide me his MT4 ID Number in order for me to officially address the issue to ensure transparency and follow up.
For any response, correspondence or clarifications in regards to this issue please contact me at the telephone number below:
+357 25 02 99 20
Christian A Zacharia in behalf of Trading Point of Financial Instruments
Trading Point of Financial Instruments Ltd.
Regulated by the Cyprus Securities and Exchange Commission (CySEC) - Licence Number 120/10 Registered with FSA UK 538324
12, Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | Phone: +357 25029900, Fax: +357 25820344
Overall
They doing some major working mistakes and mannered service.
1. On Feb 18, 2011, I opened an live account for forex trading in this company, the account manager is very friendly with me, but when I deposit the money to my account, they attitude chang very cold to me, I sent several email to confirm some account information, they didn't reply to me anymore.
2. When I start to trading, I usually ask my account manager for sth, and the another account manager told me he is not available, either in meeting or go out for doing other things, anyway I could not contact my account manager till now.
3. Their platform not send the Daily Confirmation email to me and they promise they will after I open the live account indeed. I ask they to send this email everyday, they said already sent, but I am still not received, my email spam folder is empty and not set any blacklist, moreover I replaced another email address, but still not received it.
4. On March 8, 2011, I sent a withdraw request, but until the March 14, I still not receive the money, I ask them to sent me the bank wire receipt, I found the Beneficiary Name is actually wrong! One of the letter should be 'i', they write it to 'l', so the money delay more than 2 days.
I already sent the Complaint Letter to FSA UK and CySEC, I wish these things to remined us to keep this broker away and the regulator organization really do sth to punish this kind of company! And strengthen the verify process, not permit these scam to authorised.
Overall
anyone using this broker? could you please share your experiences? any slippages, re-quotes, disconnected, long withdrawal times, etc..
thanks..
