Finding a good trading platform can feel like searching for a needle in a haystack. But XM has proven to be one that’s trusted by over 15 million traders globally. In 2025, XM is still setting the standard for what a best trading platform can look like.
That said, no platform is perfect, and while XM checks a lot of boxes, we take a balanced look at what it brings to the table in 2025.
In this XM review 2025, we'll discuss what XM does well (and where it might fall short) so you can decide if it’s the right fit for you.
That said, no platform is perfect, and while XM checks a lot of boxes, we take a balanced look at what it brings to the table in 2025.
In this XM review 2025, we'll discuss what XM does well (and where it might fall short) so you can decide if it’s the right fit for you.
Markets to Choose From
Versatility is one big strength of XM. XM Group gives traders access to over 1,000 financial instruments. Whether it’s forex, stocks, commodities, indices, or even cryptocurrencies, the sheer variety means you won’t be stuck trading in just one market. Here’s what you can trade with XM.
Now while XM covers the key bases when it comes to its product offering, its list may be considered thin compared to other brokers who offer extras, such as ETFs, bonds, options, and more.
- 57 currency pairs including exotic pairs
- 1000+ stocks across 18 different stock markets
- 20+ stock indices
- 8 commodities
- 31 cryptocurrencies
- 2 precious metals
Now while XM covers the key bases when it comes to its product offering, its list may be considered thin compared to other brokers who offer extras, such as ETFs, bonds, options, and more.
Flexibility for All Types of Traders
Let’s face it. No two traders are the same. XM knows that better than most, and shows this in its trading services. You might be dipping your toes into the market for the first time, or you might be years into trading, looking for advanced technical tools and features. XM aims to cater to all, offering account types and tools that can suit every experience level.
Beginners will appreciate the platform’s easy and no-fuss interface along with access to educational materials. On the other hand, seasoned traders can plug into advanced tools and indicators for more control and functionality.
If you’re looking for an all-rounder platform that works for most trading styles, XM does the job well.
Beginners will appreciate the platform’s easy and no-fuss interface along with access to educational materials. On the other hand, seasoned traders can plug into advanced tools and indicators for more control and functionality.
If you’re looking for an all-rounder platform that works for most trading styles, XM does the job well.
No Hidden Costs (But Pay Attention to Spreads)
XM prides itself on being upfront about fees, which is something all traders should look for in a broker. There’s no sneaky maintenance fees or hidden commission that may otherwise drain your account balance, and they’re transparent about spreads too.
But always remember that spreads can vary depending on your account type. For Standard Accounts, spreads are slightly higher compared to XM’s Ultra-Low account option. While this is common across brokers, it’s something to keep in mind when choosing an account. If you’re someone who trades frequently, even small differences in spreads can add up over time.
Index CFDs are competitively priced, with a minimum spread of 0.7 pips on the S&P 500. Precious metal traders will find spreads from 0.25 and 0.03 on gold and silver, respectively, on Standard and Micro accounts. This falls to 0.12 for gold and 0.02 for silver with the Ultra Low account.
While XM isn’t the most competitive in terms of pricing, its fee structure can favor traders with lower trading sizes and smaller portfolios.
Index CFDs are competitively priced, with a minimum spread of 0.7 pips on the S&P 500. Precious metal traders will find spreads from 0.25 and 0.03 on gold and silver, respectively, on Standard and Micro accounts. This falls to 0.12 for gold and 0.02 for silver with the Ultra Low account.
While XM isn’t the most competitive in terms of pricing, its fee structure can favor traders with lower trading sizes and smaller portfolios.
Leading Educational Resources
Trading isn’t just about buying and selling—it’s about staying informed and leveling up your skills. XM Group shines here, offering a wealth of educational resources to help traders of all levels.
One thing XM really gets right is education. They offer free webinars, video tutorials, and in-depth market analysis to help traders sharpen their skills, including XM Live. For beginners, this can be a lifesaver when navigating the often-confusing world of online trading. And even for experienced traders, staying updated on market trends or discovering new strategies is always useful.
One thing XM really gets right is education. They offer free webinars, video tutorials, and in-depth market analysis to help traders sharpen their skills, including XM Live. For beginners, this can be a lifesaver when navigating the often-confusing world of online trading. And even for experienced traders, staying updated on market trends or discovering new strategies is always useful.
These materials are designed to keep you in the loop with the latest trends and strategies. They can act as a valuable edge in a competitive market.
Globally and Locally Regulated
In this part of our XM review 2025, we look at the broker's licenses. Regulation is one area where XM Group excels. Being licensed by organizations like CySEC, ASIC, and the FCA means XM is playing by the rules, which isn’t something every broker can claim.
For traders, this means a layer of protection—your funds are secure, and XM is held accountable for maintaining fair practices. However, regulation varies by region. Not all traders will fall under the same jurisdiction, so it’s worth checking which regulatory body governs your account if this is a top concern for you.
For UAE traders, XM is regulated locally by the Dubai Financial Services Authority (DFSA) with a local office in DIFC.
For traders, this means a layer of protection—your funds are secure, and XM is held accountable for maintaining fair practices. However, regulation varies by region. Not all traders will fall under the same jurisdiction, so it’s worth checking which regulatory body governs your account if this is a top concern for you.
For UAE traders, XM is regulated locally by the Dubai Financial Services Authority (DFSA) with a local office in DIFC.
Tech That Gets the Job Done
In 2025, a platform’s technology can make or break the trading experience, and XM does well in this regard. Their execution speed is fast. This means you’re less likely to miss out on market opportunities, with your orders being placed faster and at your desired entry price. Their mobile app makes trading on the go seamless and secure, our testing found.
Customer Support: A Reliable Safety Net
Customer service is one of those things you hope you never need but are glad to have when things go wrong. XM offers 24/7 multilingual support via live chat, email, or phone, which covers most trader needs. Here are some key features.
- Support available 24/7
- Multi-lingual support
- Help centre / FAQs available
- Fast response times
Is XM Group Right for You?
XM Group is a solid, versatile platform with something to offer traders of all levels. It’s especially great for forex traders, beginners, or those looking for a user-friendly platform backed by strong regulation and excellent educational tools.
However, it’s not the perfect fit for everyone. Super advanced traders looking for ultra-specialized tools or those focused heavily on niche markets might find some limitations.
At the end of the day, XM is a well-rounded broker with a solid reputation. Numbers speak volume, and having a client base as high as 15 million traders tells you about the quality of their services.
So, whether you’re yet to make your first trade or you’re looking to switch brokers, XM is definitely worth considering in 2025. Just make sure you weigh the pros and cons based on your personal trading style and goals before diving in.
However, it’s not the perfect fit for everyone. Super advanced traders looking for ultra-specialized tools or those focused heavily on niche markets might find some limitations.
At the end of the day, XM is a well-rounded broker with a solid reputation. Numbers speak volume, and having a client base as high as 15 million traders tells you about the quality of their services.
So, whether you’re yet to make your first trade or you’re looking to switch brokers, XM is definitely worth considering in 2025. Just make sure you weigh the pros and cons based on your personal trading style and goals before diving in.
Still not sure about your thoughts on XM? Check out our detailed look into this broker with our comprehensive XM review 2025.
Remember that forex and CFD trading involves high risk. Always do your own research and never invest what you cannot afford to lose.
