Why XM?
XM is a multi-regulated and well trusted broker. The broker focuses on giving the best trading environment for its traders. It offers free comprehensive trading courses, trade ideas and market updates through its live education, seminars, and research page. Local deposit and withdrawal methods are quick and easy. It is currently the most well known broker in the Philippines as well as one of the biggest brokers in the world because of its strong local presence and reliable services.
Advantages
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Multi-regulated
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Tight spreads
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Fast execution & no requotes
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Local customer support
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Quick and convenient local deposit & withdrawal
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Free and comprehensive Market research and Live Education
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Deposit bonuses & seasonal promotions
Accounts & Platfroms
Accounts:
Standard & Micro
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As low as 1 pips spread
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No Commission
Ultralow
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As low as 0.6 pip spread
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No Commission
Swap Free:
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As low as 1 pip spread
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No Commission
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No Swap
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Admin fees (after predefined grace period)
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Swap free and Shares account are not available to all entities of the Group.
Shares: (Stocks)
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As per the underlying exchange with Commission
Leverage: up to 1:888
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This leverage is not 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
All floating spreads
Micro accounts are in cents
Platforms:
MT4: PC, MAC, Android & IOS
MT5: PC, MAC, Android & IOS
Webtrader for MT4 & MT5
MT4 Multiterminal
Regulation
Trading Point of Financial Instruments Group is regulated by multiple prestigious regulators such as:
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Australian Securities and Investments Commission (ASIC) (Reference number: 443670)
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Cyprus Securities and Exchange Commission (CYSEC) (License Number 120/10)
The Philippines accounts fall under the regulatory environment of the Financial Services Commission (FSC) in Belize (License Number 000261/158).
XM is the trading name of Trading Point Holdings Ltd which mainly provides online and mobile trading services through XM Global. Trading Point of Financial Instruments Ltd, Trading Point of Financial Instruments Pty Ltd and Trading Point MENA Limited
Educational Support
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Daily Live Education with local instructors
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Basic to advanced trading courses
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Current market forecast and sentiment
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Live analysis
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Market updates and trade ideas on the website
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Access to Tradepedia tools and indicators
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Live seminars and classes
Deposit & Withdrawal
Minimum deposit of $5 for Standard, Micro, and Ultra Low
For deposits, we highly recommend ONLINE BANK TRANSFER options. For withdrawals, we highly recommend ONLINE BANK TRANSFER directly to your LOCAL BANK ACCOUNT.
Due to the Philippine banking system, we suggest avoiding withdrawals via debit cards
Deposit methods:
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Online Bank Transfer via Filipino Banks
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Local Funding Method (BDO, BPI, Metrobank, RCBC, RobinsonBank, UnionBank -Online/OTC)
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Other OTC method (PNB, SM Bills Payment, Cebuana Lhuiller, ECPay, RuralNet Banks and Coops – OTC)
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Credit card / Debit card
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GCash
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E-wallets
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Cryptocurrencies
Withdrawal method
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Online Bank Transfer via Filipino Banks
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E-wallets
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Credit card / Debit card
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GCash
XM covers all deposit and withdrawal transfer fees for payments made via E-wallet and all major credit cards. Additionally, all deposits and withdrawals above 200 USD processed by wire transfer are also included in our zero fees policy.
Customer Service
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Local customer support with Filipino representatives
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Personal account managers for all traders