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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
I have been trading with this broker for 6 months now and I decided to rate it 8.8, The platform was superb except on crazy days sometimes it hang because they said it was a server restart on real 1. For most of the part, I like the webtrader and iphone as it allows me alternatives in case the MT4 went crazy. I really would like to try the mirror trader but I understand Tradency is having some issue with Metaquotes hence it will be removed from XM services. Too bad coz I really would like to try them.
Another thing that I like is the wonderful customer service which includes free seminar with the renowned bank trader Mr Avramis Despotis. It really was an honor to learn from an actual interbank trader who is certified by IFTA. Having learn from the Guru, I managed to bring back my performances into consistent profitability as you can see in my systems. With XM I learnt that for most of the part, our success as traders really depends on us. It is between us and the market. The brokers are just intermediaries providing medium of orders executions. They know if they screw up the platform, customers will run to other brokers. That's what happen when the real 1 server went offline for an hour, I decided to open another account with fxcm. They said fxcm sucks and indeed was fined by NFA. Well, thank GOD so far my performances was meeting target with them.
Anyway, I still trade with XM because of their customer service and @heavenforex is right, that how often do you receive call from your account manager and want to listen to your problem? and how many brokers out there give you free training? that's one of the reasons I sign up with fxcm. They have excellent services in dailyfx.
To sum up, at the end of the day, to become a successful trader who meet his/her target, we must be able to accept our mistakes, learn and move on. The brokers are the least to be blamed. I have traded with many other brokers and lost tenth thousands of dollars and at that point I thought the brokers was cheating. Fact of the matter now, I realized it was me who can't control my greed and fear. All praises to GOD for leading me to this broker.
Overall
normally from forums I read that brokers that offer bonuses are scams but still I decide to give it a try since XM offers MT4 platform. This is my 3rd broker through my trading journey of 4 years. Initially I was worried since XM is operating from Cyprus but I have not encounter any problems with them so far (3 months only). The best part I feel is that the account manager actually call you up and talk, I mean it is really a very good service honestly which not many brokers offer. My review may not be strong since at the date of this writing I am only with XM for 3 months but all I can say is I am satisfied. If shit happens...(touch wood) I will definitely update my review.
Overall
baru sebulan pake xemarkets, langsung ada kasus LR, tapi xemarkets tetep bayar...mantabbb :)
Overall
Been with this broker for 8 months now and never had a problem. I have found their support to very helpful when needing to get information. I have now opened a second live account with them.
Highly recommended!
Overall
well for me this broker is the better and best then all other brokers
Overall
Very bad experience with this broker.
I opened an account on May/1 with 20 USD to try, because I read some bad reviews. After I made some profits, they delayed all my orders from 200ms average (I work from a VPS in UK) to more than 3 sec, sometimes 20sec, 30sec!!, so the big slippage arises... It's an unethical behavior and I don't know who loses more with this kind of tricks, because me and maybe some traders who are reading this review will stay away of this broker.
My account was 2133976.
Overall
This broker is not good , if you like open orders , not positions. it has a big Slippage , I don't like this broker!
Overall
I'm with this company for about a anno, fast withdrawals😄 and good customer support
I hope to continue like this.
Overall
instaforex offer the bonus also, the difference is that i can wd profit only without cutting bonus off,it is not an advertisement for them but i'm trading there since a while and wd my profit without any problems each week
Overall
ich war schon bei vielen broker doch so scheisse wie xem ist keine andere !
habe 3000 euro guthaben 1100 bonus und sobald wie man nur 1 euro auszahlt der der gesammte bonus weg !
so und jetzt zum support !
keine antwort keine auszahlung !
auszahlung nur bit grosser mühe möglich !
kein wunder das die so0viel bonus zahlen lol
Overall
Very high spread on standard account (variable 3+ pips on EURUSD), deposit & withdrawal are instant with Credit Card/Skril and take 2-5 days for bank tranfer.
They removed all my bonus after my first withdraw without considering this was a partial withdrawal.
Not a bad broker but some others are better.
Overall
So only based on spreads, you give broker 2/5, even though all other criteria is good?
While spreads may be a factor for certain very aggressive scalping strategies, from my point of view spreads are the least important aspect of rating a broker. I've traded with brokers with lower spreads and most of them do not have the professionalism that trading point has.
Overall
fastest platform I've tried. exicution very fast.
spread .. high .... Welcome Bonus great. if they had an ECN account as FXopen with this exicution speed, had all my accounts been with them. spreds is expensive, but quality might cost money. not good for me I am a scalper
Great Broker
Overall
Great Broker! Great service
Overall
Hi TP,
last sat/sunday, I've got all my accounts (real & demo) totally invalidated or no connection- that's resolved.
Now (25apr2012, Wed), I'm getting two statements for the same trading day with different results sent for 23 & 24 April 2012.
The 1st one got 6 "closed transactions" details; the 2nd one (sent minutes later) only got the top 2 usdcad for "closed transactions" for that day (for 24apr).
It seems I'm getting lesser profit for the same day's statement (for 24apr & 23Apr) on the 2nd statement's *closed transactions*- my bottom-line.
Hope your side would resolve this right so there would not be such cause leading to a dispute- which I do hope not.
I've made this report to TP support.
Anyone else got similar problem?
Overall
I didn't find any problem yet. Completely good broker with no requotes. Withdrawal is fast and always within 1 day in case of ecurrency.
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.”
