CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
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XM for Indian traders

Trade Forex & CFDs with XM in India

Download the XM app for Android and iOS or the desktop platform for PC, register from a $5 minimum deposit, and trade 1,400+ instruments with up to 1:1000 leverage.

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Min deposit $5  ·  Up to 1:1000  ·  Rating 4.4/5

XM is a forex and CFD broker founded in 2009. It offers 1,400+ instruments across forex, stocks, indices, commodities, metals, crypto on MetaTrader 4 and MetaTrader 5, with a $5 minimum deposit, up to 1:1000 leverage and no-requote market execution. According to XM, client funds are held in segregated accounts and trading accounts carry negative balance protection. Availability and terms can change, so confirm the current offer before opening an account.

$5Min deposit
Up to 1:1000Max leverage
1,400+Instruments
2009Founded

Why traders choose XM

XM accounts at a glance

AccountPlatformSpread fromCommissionBest for
StandardMT4/MT51.0 pips$0Most traders ($5 min)
Ultra LowMT4/MT50.6 pips$0Lower spreads
MicroMT4/MT51.0 pips$0Beginners (micro lots)

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Explore XM

More: mobile app, PC download and registration.

XM India — quick verdict

XM, founded in 2009, is a forex and CFD broker offering 1,400+ instruments and up to 1:1000 leverage on MetaTrader 4 and MetaTrader 5, with a $5 minimum deposit. Independent reviews are on its Trustpilot page. CFDs are complex instruments and carry a high risk of losing money.

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Frequently asked questions

Is XM good for beginners?
XM offers a free demo, a $5 minimum deposit and MetaTrader 4 and MetaTrader 5, which suit new traders who manage risk carefully.
What is the minimum deposit at XM?
The minimum deposit is $5 on most accounts.
What leverage does XM offer?
Up to 1:1000 on major forex pairs.
What account types does XM offer and how do spreads differ?
XM lists three account types on MetaTrader 4 and MetaTrader 5. Standard starts from 1.0 pips with $0 commission and suits most traders from the $5 minimum. Ultra Low starts from 0.6 pips, also with $0 commission, for traders who want lower spreads. Micro also starts from 1.0 pips with $0 commission and uses micro lots, which beginners often prefer. Support is 24/5 and multilingual, and a free unlimited demo account lets you compare conditions first. CFD trading carries risk; terms can change, so check current conditions before opening an account.