Regulated Stock Indices Broker Information - Cyprus, Belize and Australia Based
Stock Indexes broker regulation is the most sought after qualification by currency traders when it comes to choosing an online Stock Indices trading broker to open an account with. Regulation is what makes a Stock Indices broker to be considered as a reliable Stock Indices broker, When it comes to XM Group, this online Stock Indices broker group is regulated and licensed in 3 countries: Cyprus, Belize and Australia. The Stock Indices broker Group regulation licenses are shown below & any other additional regulation information 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 & is regulated by the Australian Securities and Investments Commission (ASIC 443670) & XM Global Limited was established in 2017 & is regulated by the Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, AustraliaCY: 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, CyprusBZ: Suite 404, The Matalon, Coney Drive, Belize City, Belize
XM GROUP - Regulation and Licenses
1. Belize
Licensed and Regulated in Belize by the International Financial Services Commission.
XM Global Limited is licensed by the Financial Services Commission under license number (FSC000261/158)
2. Cyprus
Regulated in Cyprus by Cyprus Security & Exchange Commission, its License Number is CySEC 120/10.
3. Australia
Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities and Investments Commission)
XM is committed to full business transparency when it comes to Stock Indexes trading & this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it is registered and licensed with.
No Requotes Execution - Real Time Market Execution
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution method. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
Stock Indexes Spreads
The average spread starts at 1.8 Pips for XM Standard Account for the Major currency pairs; XM has multiple liquidity providers to offer the most appropriate possible spreads and liquidity to traders at all times
You can also choose between fixed spread and variable spread. This broker offers 5 points price quotes which allows for tighter spread and accurate price quoting.
Stock Indexes Account Types
Micro Account
Standard Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on the client’s country of residency.
XM Group offers its clients 4 types of account: MICRO, STANDARD, ZERO & ULTRA LOW with low spreads and a level of maximum leverage that can reach the 1:30. The MICRO account allows you to operate with micro lots, lower level of risk and it has minimum initial deposit of $5. The STANDARD account allows you to operate with standard lots and it has minimum initial deposit of $5. The XM ZERO account allows you to operate with standard lots, lower spreads starting at 0 pips and it has minimum initial deposit of $5. XM ZERO account has a $3.5 commission per $100,000 traded. Finally, XM ULTRA LOW account allows you to trade with either micro or standard lots, lower spreads starting from 0.6 pips and it has minimum initial deposit of $5.
*XM Ultra Low Account isn't applicable to all entities of the Group. Account availability depends on the client’s country of residency.
Islamic Stock Indices Accounts
Islamic accounts are swap free, meaning there is no paying/receiving of interest. This account is suited for traders looking for Islamic Stock Indices brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their website 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 & then clicking deposit button 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
- Forex Trading
- Stocks CFDs
- Commodities CFDs
- Equity Stock Indexes CFDs
- Precious Metals CFDs
- Energies CFDs
Bonus on Deposit & Loyalty Bonus
1. Free VPS for clients who maintain a minimum trading account balance of USD 5,000 or currency equivalent. No end date for this promotion:
2. $30 Non-Deposit Trading Bonus for new clients only. No end date for this promotion:
3. The 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. The 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 are not 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. The maximum leverage for clients registered under the EU regulated entity of the Group is 30:1".
No Requotes Policy
The No-requotes policy means this Stock Indices broker does not requote the traders as this is a no dealing desk Stock Indices broker, execution accesses interbank network meaning they have a variety of liquidity providers to take up the orders instantly form this network of banks. This broker follows a no re-quotes policy for its clients making it the forex broker for traders looking for a non dealing desk Stock Indices broker & a No-Requotes Policy Online Stock Indices Broker.
Software Platforms
MetaTrader 4 & MT5 trading softwares are available for PCs, MACs, Smartphones and Tablets
Web Trader Platform
Provides Web Platform and traders can login online when they are away from their computer & analyze the online currency markets. The Web platform is accessible from the web browser.
Stock Indexes Demo Accounts
A Demo is a free practice account given to beginners; it provides full and unlimited access to the features of the MT4 trade platform that include trading, charting & Expert Advisors automated trading.
Registration of the practice demo trading account is meant for traders to practice Stock Indices for as long as they want with this unlimited time demo account.
Security & Reliability
XM Stock Indexes trading software is designed with high standards in terms of security, privacy, reliability & integrity. Information is encrypted using High Grade Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means no third party can access information, 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, currency traders always have access to the servers and can trade anytime from anywhere in the world.
XM provides transaction security by the use of information encryption methods that guarantee security of these transactions and safeguard clients' privacy through the Secure Socket Layer, SSL technology method, otherwise known as https:
HTTPS: High Grade Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review - Stock Indexes Broker Review
XM is a next generation investment firm enabling investors from more than 190 countries around the world to trade Indices, precious metals, index & energies. XM is one of the leading Stock Indexes brokers in the world with over 1,000,000 real Stock Indices accounts opened from over 190 countries.
From the founding of the company in 2009, XM has been committed to providing fair & transparent trading conditions for all clients irrespective of their capital worth. Traders enjoy the no requotes execution available anywhere, bolstered by a strict no requotes and no rejections policy.
