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XM South Africa | Best Forex Broker in SA – Get $30 Trading Bonus

XM is that the trading name of trading purpose Holdings Ltd. that could be a Cypriot investment trust (CIF) authorized and controlled by the Cyprus Securities and Exchange Commission (CySEC). it had been established in 2009 to satisfy the investment wants of each individual traders and massive investors by giving the honest terms and a fascinating trading atmosphere.

Today, XM provides a consumer base from over 196 countries worldwide with innovative money trading solutions. It trades in fifty five currency pairs, contracts for distinction (CFDs) on commodities, indices, energy, precious metals and stocks victimization MetaTrader four and MetaTrader five trading platforms. it’s glorious for its quick execution, jactitation ninety nine.35% of all trades being dead in but a second.

Why Choosing XM

  • Fantastic bonus system with ordinary updates of new bonus types
  • Strong regulation and good reputation
  • Great customer support services
  • Strict NO re-quotes
  • Efficient and fast trade execution of each trade
  • Good leverage of 1:30 for clients registered under the EU regulated entity of the Group. Leverage depends on the financial instrument traded.

Overall Rating


"The Best Forex Broker in South Africa"

Customer Support
Very Good
Very Good
Demo Account
Very Good
Very Good
Very Good
Trading Platform
Very Good

The company operates trading purpose of monetary Instruments Britain restricted licenced by the UK’s money Conduct Authority (FCA) and trading purpose of monetary Instrument PTY Ltd. regulated by the Australian Securities and Investments Commission (ASIC). The balanced regulation within the Britain, Cyprus and Australia square measure presently creating them the popular countries for forex brokerage. whereas regulation in these countries needs high standards in money standing and holdings being met, it doesn’t cause the falling levels of competition that the harder regulation has created within the u. s. and Japan.

XM Forex website

Adding to its host of awards, XM has won Best Forex Service supplier for 2017 at town of London Wealth and Management Awards. The multi triumph broker serves over one,000,000 purchasers world-wide and is that the official trading partner of the quickest Man within the World, Usain Bolt.

Xm Trading Accounts

Three forms of account square measure offered – small, commonplace and nil. small and commonplace square measure each commission-free and nil provides tighter spreads with commission fees and a bigger initial deposit. Traders could make a choice from commission-free trading (in small and commonplace accounts) or tighter spreads, involving commission fees and $100 initial deposit (Zero account). ZM offers its purchasers high leverage levels and variable spreads. Typical spreads on commission-free accounts square measure one.7 pips on EUR/USD and zero.1 pips on EUR/USD for Zero accounts wherever there’s a commission of $5 per commonplace heap both sides however still terribly competitive.

xm trading signals

Opening Associate in Nursing XM account needs a marginal initial deposit of $5 USD – plenty below the typical within the trade and enticing for initial time traders. small heaps square measure offered with all accounts. the utmost leverage is 888:1 that is higher than average and permits traders to open terribly massive positions with little amounts of capital. However, CySEC has projected a most 1:50 default leverage be provided by Cypriot brokers.

The margin-call level is five hundredth and a margin level below 100% permits traders to hold on gap new positions once their equity is below the open margin. Margin operations thus tend to be risky for inexperienced traders, and levels and gap positions want careful observance.

Virtual non-public Server (VPS) hosting is obtainable liberal to each new and existing customers with minimum deposits $5,000 WHO trade a minimum of five spherical flip heaps per month. this enables orders to be dead twenty four hours daily, five days every week.

Trading Platforms

  • XM offer you access the worldwide markets instantly with the MetaTrader four (MT$) and MetaTrader five (MT5) trading platforms for each computer and waterproof.
  • XM MetaTrader four – The world’s preferred trading platform provides power, flexibility and speed. it’s a large vary of straightforward to use tools, will handle an oversized variety of orders and guarantees full make a copy and security.
  • XM MetaTrader Multiterminal – Manages over a hundred accounts at a similar time from one interface.
  • XM MetaTrader net Terminal – on-line trading access to the worldwide money markets for computer or waterproof with none transfer being needed.
  • XM MetaTrader five – A multi-asset platform for over three hundred instruments, that displays a hundred charts at a similar time, is progressive. It supports all order sorts and has multi-currency tester and alert capability.
  • XM MetaTrade five net dealer – the foremost powerful trading platform offered from your browser, it includes hedging choices and exclusive options access while not requiring downloads.
    Mobile trading – Trade on your smartphone or pill with MT4 or MT5 on iOS or automaton platforms. offered for the App Store or Google Play severally.

Risk Factors, choices and Limitations

Risk at XM is at regarding the trade average. A minimum position size of zero.01 heaps limits dealer management whereas the demand permits positions to be opened even once the margin is considerably on the far side the equity. The 888.1 GHB leverage might cause runaway trades if not monitored rigorously – higher leverage brings with it a better risk of losses. The stop-out level, at 20%, is safe, however.

All Britain and Cyprus regulated corporations should have compensation systems to ensure purchasers funds. The UK’s statutory compensation theme – money Services Compensation theme (FSCS) – for the purchasers of authorized money services corporations guarantees regulated forex brokers up to £50,000 per consumer. Cypriot Investment companies have the capitalist Compensation Fund, that pays compensation up to twenty,000 EUR if the corporate defaults. Australian forex brokers aren’t presently coated by a compensation theme.

xm trading account

Payment and Currencies

Payment at XM is with debit cards, credit cards – Visa, MasterCard, Maestro, China UnionPay, bank wire transfer, Western Union and with most e-wallet payment systems. Deposit and withdrawal transfer fees for payments created with major credit cards Neteller, Moneybookers and people higher than two hundred USD created by wire transfer.

Client funds square measure unbroken in Tier1 segregated Barclays accounts. Processed 24/7, account funding is 100% automatic, and same day withdrawals square measure secure.

Xm Trading Bonuses

XM offers purchasers from a $30 (non-refundable)Trading Bonus on gap Associate in Nursing account to check merchandise and services to a two-tier bonus on your deposit to many levels of loyalty programs earning XM Points redeemable for credit bonus rewards.

Xm Pros

  • Global broker operative in safe restrictive atmosphere.
  • Apps for iOS and automaton devices.
  • MetaTrader five platform offered on all devices.
  • Wide variety of trading tools instruments.
  • 99.35% of all trades dead in but a second.
  • l 24-hour trading offered.

Xm Cons

  • Margin call level is risky for inexperienced traders.
  • Both margin levels and gap positions need careful observance.


XM could be a multi triumph broker giving a large vary of trading merchandise with each commission and commission-free account sorts. Its mandate is to serve its purchasers with integrity and transparency and, to the present ends, it’s gained terribly high reviews throughout its initial lifetime. Typical spreads square measure extremely competitive and therefore the organisation offers negative balance protection and extremely enticing bonuses and promotions.

$ 5,00

Get $30 Trading Bonus

$ 5,00

Get $30 Trading Bonus