Summary XM (XM.com) is one of the best Forex brokers with the most favorable conditions in the market.
High leverage, fast execution, tight spreads, and excellent response make them truly top notch.
The XM version of Meta Trader works just as one would expect it too and allows users to automatically trade the available markets using Expert Advisors, with only one restriction.
Expert Advisors may not place more than 200 pending orders at one time, this will only affect a very small number of Expert Advisors.
In addition to offering Meta Trader 4, XM also offers a strong web trading platform which allows clients of the brokerage to manage and open positions from any computer with an internet connection.
Those who want to trade on the move will also be pleased to hear that the brokerage offers a range of mobile trading applications which allow clients to monitor, manage and open positions wherever they are.
Currently XM provide mobile trading applications compatible with the majority of Smartphone devices.
The range of platforms offered by is impressive and should be enough to satisfy the majority of traders.
) of orders are processed using an STP execution model.
This means that the vast majority of client orders are processed through to one of the brokerages liquidity providers.
STP brokerages are favoured by many traders as the interests of the brokerage and the client are better aligned.
XM is competitive in regards to spreads, with the typical spread on the EUR/USD being around 1.8 pips but as a STP broker spreads are of course variable.
XM also offers traders the ability to take advantage of significant amounts of leverage with the brokerage offering flexible leverage of up to 888:1, it is important to realise that leverage can work for you and against you.