Regulated Stock Broker Information
Online stocks broker regulation is most sought after qualification by traders when it comes to choosing an online Trusted Stocks Broker to open a stocks account with. Regulation is what makes an online stocks broker to be considered as a Trusted Stocks Broker, When it comes to XM Group, this online Stocks Trading and stocks broker group is regulated and licensed 3 countries: Cyprus, Australia & Belize. XM stocks broker Group regulation licenses are shown below & any other additional regulation data can be found on XM Regulation Webpage.
XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 & is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and is regulated by the Australian Securities & Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George St, Sydney, NSW 2000, Australia
CY: 12 Richard & Verengaria St, Araouzos Castle Court, Third Floor, 3042 Limassol, Cyprus
BZ: Suite 404, The Matalon, Coney Avenue, Belize City, Belize
XM GROUP - Stocks Trading Broker Review
1. Cyprus
Regulated by Cyprus Security & Exchange Commission, its License Number - CySEC 120/10.
2. Australia
Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities & Investments Commission)
3. Belize
Regulated in Belize by Financial Services Commission (FSC000261/158)
XM is committed to full business transparency when it comes to Online trading & this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it is signed up & licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
No Requotes Execution
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution technique. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
Stock Account Types
Micro Stocks Account
Standard Stocks Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on the client’s country of residency.
MICRO account allows you to operate with micro trading lots, lower level of risk & it has minimum initial deposit of $5.
STANDARD trading account allows you to operate with standard lots and it has minimum initial deposit of $5.
XM ZERO account allows you to operate with standard lots, lower spread beginning at 0 pips & it has minimum initial deposit of $5. XM ZERO trading account has $3.5 commission per $100,000 traded. Finally, the XM ULTRA LOW account allows you as a trader to trade with either micro lots or standard lots, lower spreads beginning from 0.6 pips & it has minimum initial deposit of $5.
Islamic Stocks Accounts
Islamic accounts are swap-free, meaning there is no paying/receiving of interest. This stock account is suited for traders looking for Islamic stock trading brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their site once they have opened an account, in this client area or cabinet you can deposit/withdraw your money at any time. By clicking my account and then clicking deposit button key then fill the details, for withdraw just click my account & then the withdraw button. Withdraw Requests are also processed on the same business day & receipt of funds is issued within the same day.
What Instruments are available for trading on XM
- Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver & Stocks Trading CFDs
- Energies - Crude Oil CFDs
- Online Stocks CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Stocks CFDs
Bonus on Stock Account Deposit & Loyalty Bonus
1. Free VPS for clients who maintain a minimum account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Account Bonus for new clients only. No end date for this bonus promotion:
3. Two-tier deposit bonus offers 50% deposit bonus up to $500 & 20% deposit bonus up to $5,000. No end date for this promotion:
4. XM Loyalty Program offers the clients XM Points (XMP) per lot traded. These XMP can be redeemed at any time for credit bonus which can be used for trading purposes only. No end date for this promotion:
* Trading Bonus and Loyalty Program aren't eligible for clients registered under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage isn't available to all the entities of the Group. Maximum leverage for clients registered under the EU regulated entity of the Group is 30:1".
No Requotes Policy
No-re-quotes policy means this stocks broker does not requote the traders as this is a no dealing desk stock trading broker, the execution accesses inter-bank network meaning they have a variety of liquidity providers to take up the stocks orders instantly form this network of banks. This stocks broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing-desk stocks broker and a No-Requotes Policy Online Stocks Broker.
Software Platforms Stock Softwares
MT4 & MetaTrader 5 stock platforms are available for PCs, MACs, Smartphones and Tablets
Web-Trader Software
Provides Web Platform and traders can login online when they are away from computer & interpret the online stocks markets. Web platform is accessible from the webbrowser.
Stocks Practice Accounts
A Demo is a free practice account given to novice traders to practice trading in MT4 & MetaTrader 5 stock platforms: it provides full and unlimited access to the features of the MetaTrader 4 & MetaTrader 5 platforms that include trading, charting & Expert-Advisors automated trading.
Registration of the practice demo stocks account is meant for traders to practice Stocks Trading with this demo stocks account. NB: Demo trading accounts will be closed if they are inactive for more than 90 calendar days.
Security & Reliability
XM stock trading platform is designed with high standards in terms of security, privacy, reliability & integrity. Information is encrypted using High Grade Information Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means that no third party can access information, the server is secure, data is backed up in more than one location, & also uses two different server firms located away from each other meaning there is absolute no down time, stocks traders always have access to servers and can trade anytime from anywhere in globe.
XM provides transaction security by the use of information encryption method that guarantee security of these trades and safeguard clients’ privacy through the Secure Socket Layer, SSL technology method, otherwise known as https:
HTTPS: High Grade Information Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review
XM is a next generation investment firm enabling traders from more than 190 countries around the world to trade Stocks, precious metals, Stocks Trading & energies. XM is one of the leading stock brokers in the world with over 1,000,000 real accounts opened from over 190 countries.
From founding of the company in 2009, XM has been committed to providing fair & transparent trading conditions for all the clients irrespective of their trading capital worth. Stocks traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no re quotes and no rejections policy.
