XM: Most Reliable Broker & Most Transparent Broker Global 2022


Few online brokers can match the experience and liquidity coverage afforded by digital disruptor XM. The CySEC-regulated and UK-registered broker has opened up trading for more than five million clients from over 190 countries. Traders can choose between 1,000-plus trading instruments and 16 trading platforms. They can sharpen trading skills with unlimited access to XM’s video tutorials as well as daily forex webinars, market research, trading signals, market outlook and technical analysis. XM takes pride in a blemish-free record of never once giving clients requotes in the company’s 13-year history. “No requotes” is one of XM’s fundamental promises, along with zero fees or commissions on deposits or withdrawals (excluding bank wire transfers under $200). XM invests to maintain a modern tech infrastructure capable of blazing-fast trade executions and speedy withdrawal processing. It has implemented automated safeguards to monitor transactions and prevent client account balances from dipping into the negative balance, ensuring they never sustain losses larger than their original investments. XM maintains some of the healthiest capital requirement ratios in the industry. It protects clients’ funds by keeping them in segregated accounts with tier-one EU financial institutions. XM first registered on the CFI.co radar in 2017, with the judging panel praising the level playing field created by the platform’s trading conditions, ethics compliance and educational outreach. The company has won bragging rights in the awards programme ever since — this time for Most Reliable Broker and Most Transparent Broker (Global 2022).