Regulated Stock Indices Broker Information
Online broker regulation is the most sought after qualification by indices traders when it comes to choosing an online Trusted Indices Broker to open a indices trading account with. Regulation is what makes an online indices trading broker to be considered as a Trusted Indices Broker, When it comes to XM Group, this online Indices and indices trading broker group is regulated and licensed 3 countries: Cyprus, Australia & Belize. XM 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 & Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 and is regulated by Australian Securities & Investments Commission (ASIC 443670) and XM Global Limited was established in 2017 & is regulated by Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia
CY : 12 Richard and Verengaria Street, Araouzos Castle Court, Third Fl, 3042 Limassol, Cyprus
BZ : Suite 404, The Matalon, Coney Drive, Belize City, Belize
XM GROUP - Indices Trading Stock Indices Trading Broker Review
1. Cyprus
Regulated by Cyprus Security and 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 and this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it's signed up and 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 Indices Account Types
Micro Indices Account
Standard Indices Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on client’s country of residency.
MICRO account allows you to operate with micro trading lots, lower level of risk and it has minimum initial deposit of $5.
STANDARD trading account allows you to operate with standard lots & 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 Indices Accounts
Islamic accounts are swap-free, meaning there is no paying/receiving of interest. This stock indices trading account is suited for traders looking for Islamic stock indices 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 & then clicking deposit button then fill the details, for withdraw just click my account & then the withdraw button key. Withdraw Requests are also processed on the same business day and 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 and Indices 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 Indices Account Deposit & Loyalty Bonus
1. Free VPS for clients who maintain a minimum trading account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Acconut sign up Bonus for new clients only. No end date for this bonus promotion:
3. The two-tier deposit bonus offers 50% deposit bonus up to $500 and 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 & Loyalty Program aren't eligible for clients signed up under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage is not available to all entities of the Group. The maximum leverage for clients signed up under the EU regulated entity of the Group is 30:1".
No Requotes Policy
No-re-quotes policy means this broker does not requote the traders as this is a no dealing desk stock indices trading broker, the execution accesses interbank network meaning they have a variety of liquidity providers to take up the orders instantly form this internet-work of banks. This indices trading broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing-desk broker and a No-Requotes Policy Online Indices Broker.
Software Platforms Stock Indices Trading Softwares
MetaTrader 4 and MT5 softwares are available for PCs, MACs, Smartphones & Tablets
Web Trader Software
Provides Web Platform and traders can log in online when they are away from their computer & analyze the online stock index markets. The Webtrader platform is accessible on browsers.
Practice Accounts
A Demo is a free practice account given to novice traders to practice trading in MT4 and MT5 softwares: it provides full and unlimited access to the features of the MetaTrader 4 and MT5 softwares that include trading, charting and Expert Advisors automated trading.
Registration of the practice practice stock indices trading account is meant for traders to practice Indices with this demo stock indices trading account. NB: Demo trading accounts will be closed if they are inactive for more than 90 calendar days.
Security and Reliability
XM indices trading software is designed with high standards in terms of security, privacy, reliability and 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, and also uses two different server firms located away from each other meaning there is absolute no down time, indices traders always have access to servers & can trade anytime from anywhere in globe.
XM provides transaction security by the use of information encryption techniques 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 globe to trade Indices, precious metals, Indices & energies. XM is one of the leading brokers in the world with over 1,000,000 real 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 traders irrespective of their capital worth. Indices traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no re quotes & no rejections policy.