Regulated Stock Indices Broker Info
Online broker regulation is the most sought after qualification by traders when it comes to choosing an online Trusted Indices Broker to open a indices account with. Regulation is what makes an online broker to be considered as a Trusted Indices Broker, In XM Group, this online Indices and indices broker group is regulated and licensed 3 countries: Cyprus, Australia and Belize. XM Group regulation licenses are shown below and any other additional regulation data can be found on XM Regulation Webpage.
XM Broker Group (XM) is a cluster of regulated brokers. Trading Point of Financial Instruments Limited was founded in year 2009 & is regulated by Cyprus Securities and Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Limited was founded in 2015 and is regulated by Australian Securities and Investments Commission (ASIC 443670) and XM Global Limited was founded in 2017 & is regulated by Financial Services Commission (FSC000261/158).
XM Address Listing:
AUS: Level 13, 333 George Street, Sydney, NSW 2000, Australia
CY : 12 Richard & Verengaria Street, Araouzos Castle Court, Third Fl, 3042 Limassol, Cyprus
BZ : Suite 404, The Matalon, Coney Drive, Belize City, Belize
XM GROUP - Indices Stock Indices Broker Rating
1. Cyprus
Regulated by Cyprus Security & Exchange Commission, its Registration 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 FSC (FSC000261/158)
XM is devoted 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).
Account Types
Micro Indices Account
Standard Indices Account
XM Zero Trading Account/XM Ultra Low Account
*The Accounts availability depends on trader's country of residency.
MICRO account allows you to operate with micro lots, lower level of risk & it has minimum initial deposit of $5.
STANDARD account allows you to operate with standard lots and 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 dollars commission for every $100,000 dollars transacted. Finally, the XM ULTRA LOW trading account allows you as a trader to trade either with micro lots or standard contracts, 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 trading account is designed for traders searching for Islamic stock brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their web site once they have opened an account, in this member area or mycabinet area you as a trader can deposit/withdraw your equity 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 & receipt of funds is issued within the same day.
What Instruments are available for trading on XM Broker
- Currencies
- CFD's
- Equity Indices CFDs
- Precious Metals - Silver & Indices CFDs
- Energies - Crude Oil CFDs
- Online Stocks CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Gold, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs & Online Stocks CFDs
Bonus on Stock Indices Account Deposit & Loyalty Bonus
1. Free VPS service for traders who maintain a min equity balance of USDUS--Dollars 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 provides the traders XM Points XMP per lot traded. These XMPs can be redeemed at any time for credit bonus which can be used for trade purposes only. No end date for this promotion:
* Bonus and Loyalty Program aren't eligible for customers registered under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage isn't available to all entities of the Group. The max leverage for customers registered under the European Union regulated entity of the Group is 30:1".
No Requotes Policy
No-re-quotes policy means this broker doesn't re quote the traders as this is a no dealing desk stocks trading broker, the execution accesses inter-bank network meaning they have a variety of liquidity providers to take up the stocks orders instantly form this internet-work of banks. This trading broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing desk stocks broker & a No-Requotes Policy Online Indices Broker.
Software Platforms Stock Indices Softwares
Meta Trader 4 & MetaTrader 5 softwares are available for PCs, MACs, Smartphones & Tablets
WebTrader Software
Provides Web Platform & traders can log in online when they're away from their computer and analyze the online 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 & unlimited access to the features of the MetaTrader 4 and MetaTrader 5 platforms that include trading, charting and Expert Advisors automated trading.
Registration of the practice practice stocks account is meant for traders to practice Indices with this demo stock trading account. NB: Demo accounts will be closed if they are inactive for more than 90 calendar days.
Security & Reliability
XM platform is designed with high standards in terms of security, privacy, reliability and integrity. Information is encrypted High Level Encryption Keys (TLS_RSA_WITH_AES_128_CBC_SHA, 128-bit keys) 128-bit keys, which means no third party can access info, server is secure, data is backed up in more than 1 location, & also uses two different server firms located far away from each other meaning there's absolute no down time, traders always have access to servers and can trade anytime from anywhere in the world.
XM provides transaction security by use of information encryption techniques that guarantee security of these trade transactions & safeguard clients' privacy through the Secure Socket Layer, SSL technology method, otherwise referred to as https:
HTTPS: High Level Data Encryption Key (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 world to trade Indices, precious metals, Indices & energies. XM broker is one of the leading brokers in the world with over 1,000,000 live accounts opened from over 190 countries.
From the establishment of the company in 2009, XM has been committed to providing fair and transparent conditions for all traders irrespective of their capital worth. traders get to enjoy no requotes execution available, bolstered by a strict no re quotes & no rejections policy.