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Former websites of this broker include Trading-Point. XM Group is a group of online brokers. 50 currency pairs and CFDs on cryptocurrencies, stocks, metals, commodities, equity indices, and energies for your personal investment and trading options. Chris Zacharia, Mar 28, 2017XM is a forex broker. Let other traders know if this service is worth checking or should be avoided. They don’t allow to put TP and SL close to current market price and have slippage during news. I have been trading with xm for around a year now.
Overall low spreads but the slippage in news is huge. I made the last trade with them today right before the interests of Canada came out. 30082, setting my SL at 1. News came out, the price went the opposite direction and my stop loss got filled at 1. Their terms and conditions are also well clarified. It may be a good forex broker for the beginners to trade.