A Review of XM Broker from a Fresh Perspective
Today, on 23 April 2019 date, we want to talk about XM Broker from a new perspective which stems from 8-year-PipRebate's experience! First, XM Group is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and it is regulated by the Australian Securities and Investments Commission (ASIC 443670), Trading Point of Financial Instruments UK Ltd was established in 2016 and it is regulated by the Financial Conduct Authority (FCA 705428) and XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (IFSC/60/354/TS/19). Leverage reaches 500:1 that it's the highest leverage on XM, and XM deliver ultra-low spreads. (the leverage will depend on the client’s country of residence) XM offers 2 trading platforms, MetaTrader 4 and MetaTrader 5.
This information is accessible from our website. Through this link get more details about XM broker.
Now, let's look at XM broker from a fresh perspective! We have an 8-year-partnering experience with XM broker! This broker gives the same commissions to their partners, and you can get 9 USD/LOT.
One of the negative points of XM Broker is; it doesn't have the Auto Rebate System. We are talked to them a lot that offers this system, and we hope that they provide Auto Rebate system in the future! We as a partner of this broker cannot deposit rebates automatically to our client's trading account. So, we have to withdraw our commission from XM broker and deposit to client's payment accounts like Paypal, Skrill ...etc. Most brokers offer the auto rebate system to own partners, and it's their outstanding attribute.
In these years, so far, we've never received from our clients any reports of XM brokers about a failure to process withdrawals, profits or stuff like this! It's an important feature. The XM broker always gives us the commission in the shortest time possible and without delay, and we have never had any problem with withdrawal so far!
You can find methods of the deposit & withdrawal and details on XM Rebates page on Piprebate. Unfortunately, XM brokers are not keeping up with the latest technology. Maybe they do not have believed in Bitcoin and even Blockchain yet.
For partners like us, the easiest way to contact XM is through Skype. They are always responsive.
They usually have bonuses such as Deposit Bonus that is 100% of your deposit (Up to $5,000) as a bonus that you can withdraw it from your account when you have a trade LOTs.
In the end, I would like to point out that XM broker has only a few trusted brokers, one of the best support, one of the best services, and the least problems for our clients. Of course, XM broker is in our favorite list, and probably your list.
What is your opinion? Have you ever had any problems? We’ll be glad to share your comments and experiences.