As one of the most recognizable names in the industry, XM serves over 400,000 clients worldwide with its transparent pricing and extensive educational resources. Now, through FXRebate, you can unlock an additional benefit: direct cashback on your trades, regardless of whether you choose their Micro, Standard, or Ultra Low accounts.
In this comprehensive guide, we will provide a full presentation of XM’s services, explore their diverse account types, their platform options, and provide a detailed breakdown of the extensive rebate rates available through FXRebate.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XM: At a Glance
Regulation
CySEC (Cyprus), ASIC (AU),
FSC (Belize), FSA (Seychelles),
FSC (Mauritius)
Min. Deposit
$5
Max. Leverage
1:1000
FXRebate
Up to $15 USD/lot
(Forex Exotics)
About XM: Profile and Regulation
Founded in 2009, XM Group is a large, well-established group of regulated online brokers with headquarters in Cyprus and offices across the globe, including Australia, Belize, Mauritius, Seychelles, and Greece. They boast over 400,000 real accounts and extensive support in over 30 languages.
XM operates under strict regulatory oversight from five different financial authorities, ensuring high levels of client fund safety through segregated accounts held in investment-grade banks.
🇨🇾 Cyprus Securities and Exchange Commission (CySEC)
Licence: 120/10
*(EU Clients, Leverage 1:30)*
🇧🇿 Belize Financial Services Commission (FSC)
Licence: 000261/106
*(Leverage 1:1000)*
🇦🇺 Australian Securities and Investments Commission (ASIC)
Licence: 443670
*(Leverage 1:30)*
🇸🇨 Financial Services Authority (FSA)
Licence: SD190
*(Leverage 1:1000)*
🇲🇺 Financial Services Commission (FSC)
Licence: GB23202700
*(Leverage 1:1000)*
XM Account Types
XM offers several account types to cater to different needs, all accessible with a very low minimum deposit of $5. Note that leverage depends on the regulatory entity (1:30 for EU/ASIC, 1:1000 for others). All accounts below are eligible for FXRebate cashback.
Micro & Standard
✅ Commission: $0
Ideal for beginners and standard traders. These accounts are commission-free (costs in spread). Micro accounts trade with micro lots (1,000 units). Rebate up to 15 cents/lot (Forex 6).
XM Zero & XM Ultra Low
✅ Spreads: From 0.0 Pips
For traders seeking lower spreads. XM Zero has spreads from 0 pips + $7/lot commission. XM Ultra Low has low spreads from 0.6 pips + $0 commission. Rebate up to $15/lot (Forex 6).
XM Rebate Rates with FXRebate
Connecting your XM account to FXRebate allows you to earn cashback on your trades, paid monthly to your secure FXRebate Wallet. The rebate structure is detailed, varying by instrument group and account type.
Below is the official rebate structure for XM:
| Instruments | Micro | Standard | XM Zero & XM Ultra Low |
|---|---|---|---|
| Forex 1 (Majors) | 7.5 USD cents per lot | 7.5 USD per lot | 7.5 USD per lot |
| Forex 2 (USDJPY#, EURUSD#, GBPUSD#) | N/A | N/A | 2.3 USD per lot |
| Forex 3 (EUR Crosses, GBP Crosses) | 9 USD cents per lot | 9 USD per lot | N/A |
| Forex 4 (AUD/JPY#, AUDNZD#, etc.) | N/A | N/A | 3 USD per lot |
| Forex 5 (AUDCAD#, AUDCHF#, CADJPY#, etc.) | N/A | N/A | 5 USD per lot |
| Forex 6 (Exotics) | 15 USD cents per lot | 15 USD per lot | 15 USD per lot |
| Metals 1 (GOLD, XAUEUR, XAUCNH#, XAUJPY#, GOLD#) | 7.5 USD cents per lot | 7.5 USD per lot | 4 USD per lot |
| Metals 2 (SILVER, SILVER#) | 50 USD cents per lot | 50 USD per lot | 15 USD per lot |
| Indices 1 (GER40, EU50, FRA40, etc.) | 0.7 USD cents per contract | 0.7 USD per contract | 0.7 USD per contract |
| Indices 2 (GER40Cash, US100Cash, etc.) | 0.4 USD cents per contract | 0.4 USD per contract | 0.4 USD per contract |
| Indices 3 (UK100, SPAIN35Cash, etc.) | 1.5 USD cents per contract | 1.5 USD per contract | 1.5 USD per contract |
| Indices 4 (HK50Cash, AUS200Cash, etc.) | 0.15 USD cents per contract | 0.15 USD per contract | 0.15 USD per contract |
| Indices 5 (ChinaHCash, NETH25Cash, etc.) | 0.01 USD cents per contract | 0.01 USD per contract | 0.01 USD per contract |
| Energies 1 (OIL, OILCash, NGAS, NGASCash) | 1 USD cents per lot | 1 USD per lot | 1 USD per lot |
| Soft Commodities | 1.5 USD cents per contract | 1.5 USD per contract | 1.5 USD per contract |
| Stocks (UK) | 0.2 USD cents per unit | 0.2 USD per unit | 0.2 USD per unit |
| Stocks (US) | 0.1 USD cents per unit | 0.1 USD per unit | 0.1 USD per unit |
| Stocks (EURO) | 0.15 USD cents per unit | 0.15 USD per unit | 0.15 USD per unit |
| Cryptocurrencies 1 (BTCGBP, BTCJPY, etc.) | 15 USD cents per unit | 15 USD per unit | 15 USD per unit |
| Cryptocurrencies 2 (1INCHUSD, NEARUSD, etc.) | 7.5 USD cents per unit | 7.5 USD per unit | 7.5 USD per unit |
| Cryptocurrencies 3 (FILUSD#, OPUSD, LRCUSD, etc.) | 3.5 USD cents per unit | 3.5 USD per unit | 3.5 USD per unit |
| Cryptocurrencies 4 (Other cryptos) | 0.25 USD cents per unit | 0.25 USD per unit | 0.25 USD per unit |
| Payment Options | ► Monthly Rebates to FXRebate Wallet | ► Monthly Rebates to FXRebate Wallet | ► Monthly Rebates to FXRebate Wallet |
How to Activate Your XM Rebate
Follow these simple steps to start earning cashback on every trade.
Step 1: Visit
Access our dedicated XM page by clicking here.
Step 2: Register
Use our partner link to open a new live trading account with XM.
Step 3: Connect
Log in to your FXRebate Dashboard and add your new trading account number.
Step 4: Trade
Once confirmed, trade as usual. Your rebates will accumulate automatically!
Trading Platforms, Instruments, and Conditions
Supported Platforms
XM provides the full MetaTrader suite alongside its own highly-rated mobile app.
- MetaTrader 4 (MT4): For PC, Multiterminal, WebTrader, Mobile.
- MetaTrader 5 (MT5): For PC, WebTrader, Mobile.
- XM Mobile App: Proprietary app for iOS and Android.
Trading Conditions & Instruments
Traders can access a massive range of instruments including Forex, Metals, Commodities, Indices, Stocks, Energies, Thematic Indices, and Cryptocurrencies. XM is generally flexible with trading styles:
- Execution: MM (Market Maker)
- Scalping: Allowed
- Hedging: Allowed
- News Trading: Allowed
- Expert Advisors (EAs): Allowed
- Islamic Accounts: Yes
- Copy Trading: Not Allowed
Funding & Support at XM
XM ensures easy and secure transactions with multiple funding options globally.
Deposit Methods
- Bank Wire
- VISA / Mastercard
- Skrill / Neteller
- Cryptocurrencies
Withdrawal Methods
- Bank Wire
- VISA / Mastercard
- Skrill / Neteller
- Cryptocurrencies
Other Details
- Account Currency: EUR, USD, GBP, JPY, CHF, AUD
- Broker to Broker Transfer: Yes
- Client Funds Segregation: Yes
Frequently Asked Questions (FAQ)
Is XM a safe and regulated broker?
Yes. XM Group is heavily regulated by multiple authorities globally, including top-tier CySEC (Cyprus) and ASIC (Australia), as well as FSC (Belize), FSA (Seychelles), and FSC (Mauritius). Client funds are kept in segregated accounts in investment-grade banks.
What is the minimum deposit at XM?
The minimum deposit is very low, starting at just $5 USD for Micro, Standard, XM Zero, and XM Ultra Low accounts.
What are the commissions on XM?
The Micro, Standard, and XM Ultra Low accounts are commission-free (costs are in the spread). The XM Zero account offers spreads from 0 pips and has a commission of $7 USD per round turn lot.
Does XM allow scalping and EAs?
Yes, XM allows all major trading styles including scalping, hedging, news trading, and automated trading via Expert Advisors (EAs) on their MT4 and MT5 platforms.
Can I get FXRebate cashback if I already have an XM account?
Typically, yes. If you already have an account, you can often transfer it to our IB. Please visit our XM broker page and see the “Transfer an Existing Account” section for detailed instructions.
