XM Review
XM is a global giant serving over 10 million clients. Known for its fair business model, it guarantees 99.35% execution in under 1 second with no re-quotes. In 2025, XM continues to offer its famous $30 No Deposit Bonus and has introduced "Unlimited Cashback" promos to celebrate its 15th anniversary.
Pros
- Low minimum deposit ($5)
- Generous Bonus Program (where permitted)
- Ultra-Low accounts (Spreads from 0.6 pips, no comms)
- Free VPS for active traders
Cons
- No crypto wallet (CFD trading only)
- Inactivity fee ($10/mo after 1 year)
- Spreads on Standard account can be average
Bonuses & Promotions
Account Types
FAQs about XM
Is the $30 bonus still available?
Yes, the $30 No Deposit Bonus is available for new eligible clients in 2025. It allows you to trade risk-free, and profits can be withdrawn.
What is the minimum deposit?
The minimum deposit is just $5 for Micro and Standard accounts, making it highly accessible for beginners.
Does XM offer Copy Trading?
Yes, XM Copy Trading allows you to follow expert strategies or share your own to earn commissions. It is fully integrated into the member area.
Is scalping allowed?
Yes, XM allows all trading strategies, including scalping and hedging. There are no restrictions on EAs (Expert Advisors).
What leverage is available?
Leverage goes up to 1:1000 for clients under global regulation (Belize/Seychelles). EU and Australian clients are capped at 1:30.
Regulatory Risk Warning
Forex and CFD trading involves significant risk to your invested capital. 75.18% of retail investor accounts lose money when trading CFDs with this provider.