Founded in 2009 under the name of XM Global Limited company, XM believes that all clients should receive the same quality services, the same execution, and the same level of support. Headquartered in Belize, this global brokerage company offers 1000+ trading instruments (Forex, CFDs on shares, futures, indices, metals, energies, and cryptocurrencies) and 55+ global currency pairs. Traders can enjoy fractional pip pricing with real-time market execution, 99.35% less than 1 second.
Being trusted by over 5 million clients in over 196 countries, XM Philippines is regulated by ASIC of Australia, CySEC of Cyprus, IFSC of Belize, FSCA of South Africa, and DFSA. In addition, they have won several awards which prove their competencies and reliability in the financial industry: Best Trading Experience (Ultimate Fintech), Best Retail Forex Broker (Global Forex Awards 2021 — B2B), and Best FX Service Provider (City of London Wealth Management Awards).
XM Philippines provides four types of accounts: Micro, Standard, Ultra Low, Swap-Free, and Shares accounts. Traders can request an Islamic swap-free account after registering with the company. All strategies are welcome in all accounts, except the Shares account. All trading activities can be easily accessed via MT4, MT5, and XM WebTrader platforms. Traders can make use of leverage up to 1:1000, spread as low as 0.6 pip, with no requotes and no rejections.
Funds deposit and withdrawal can be done via various payment methods, including debit or credit cards, electronic payments, bank wire transfer, local bank transfer, and cryptocurrencies. The minimum deposit amount is 5 USD or equivalent denomination.
This company also offers various useful resources, such as seminars, webinars, trading tools, market research, market overview, news, technical summaries, economic calendar, educational videos, tutorials, Forex calculators, trading signals, free VPS, etc. In addition, XM Philippines offers partnership programs such as Affiliate and IB, up to 25 USD per lot commissions, with no limit.
Last but not the least, traders do not need to worry when facing problems or difficulties in trading. They can contact the 24/5 personal customer support via live chat, email, or phone, as well as read their FAQ page. Their website is available in 25 languages, and their support team speaks in 19 languages.