XM Group Mobile Trading App

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: September 17, 2025

‹
• Jump to:
• Account Types
• Trading Instruments
• Fees and Spreads
• Banking
• Regulations
• FAQ
• Conclusion
›

XM Group is an award-winning, mobile-friendly brokerage trusted by more than 3.5 million satisfied customers worldwide. This globally renowned trading site serves mobile traders from over 190 countries and staffs a customer support team whose members speak more than thirty different languages. Fully dedicated to its clients’ needs and satisfaction, the brokerage’s management team has visited more than 120 cities to better understand what traders worldwide are looking for.

The broker is compatible with all smartphones and tablets, giving mobile traders a choice of two dedicated downloadable apps. Android users can get theirs from the Google Play Store, and the app works seamlessly on devices running Android Lollipop or newer versions of the OS.

Those who own iPads or iPhones can head over to the official App Store where they can find a dedicated XM Group app, optimised for iOS 10 or newer versions. Both applications are frequently updated with new features. Improvements are constantly made to enhance the apps’ performance and compatibility.

XM Group truly is a global mobile brokerage, as is obvious from the impressive variety of languages its apps support. Non-English-speaking customers have a choice of more than 23 languages, including Malay, Dutch, Arabic, French, Greek, German, Czech, Thai, Chinese (simplified and traditional), Swedish, Russian and Spanish.

As for trading options, mobile traders can choose from over 1,000 instruments. You can trade on the go in Forex pairs as well as Contracts for Difference on stocks, indices and commodities via the mobile-friendly MT4 and MT5 platforms.

XM Group mobile account types

XM Group is an award-winning brokerage that caters to a diverse range of trading styles by offering a variety of innovative trading accounts. The mobile broker even goes the extra mile by providing loyal customers with the option to request custom-tailored trading accounts. Other than that, the company offers three main account types, namely Micro, Standard and XM Zero. You can give the trading services a decent test drive by setting up a free demo account as well.

XM Group micro accounts

Micro accounts at XM Group are a great choice for smaller-scale traders since they come with a contract size of 1,000 per single lot. Those who choose this option can set up their accounts in eleven different currencies – EUR, USD, JPY, CHF, GBP, ZAR, PLN, HUF, SGD, RUB and AUD. Be sure to register your Micro account in your local currency, provided that it is supported. This will prevent you from having to pay for currency conversion when depositing and withdrawing.

No commissions are charged on open positions, with a maximum of 200 positions at a time. There are spreads, though, but these are competitive, starting from as little as a single pip.

The minimum trading volume is 0.01 lots if you set up your Micro account on MT4 and 0.1 lots for those who prefer to use the MT5 trading platform. The lots per ticket are restricted to 100. Registering a swap-free Micro account is possible for Muslim customers who seek to trade without any interest due to their religious beliefs.

You can deposit as little as $5 into your newly registered Micro account. If you are unsure whether this is the right type of account for you, you can always try the demo version where you can trade with free virtual credits rather than investing your own funds.

XM Group standard accounts

Standard accounts are the choice of many mobile customers of XM Group. They support the same currencies as those for the Micro accounts. However, the difference here is that the size of the contracts is considerably larger at 100,000 per lot. There are commissions on your trades, while spreads start at as low as 1 pip.

Each Standard account holder can maintain up to 200 open or pending positions at any given time. The minimum trading volume stands at 0.01 lots, regardless of whether you are using MetaTrader 4 or MetaTrader 5. There is a restriction of a maximum of 50 lots per ticket, or half the number of lots permitted for XM Micro accounts.

This account is also available in two versions. Muslim investors can trade swap-free, whereas customers of other religions can choose to have interest. Of course, trying the Standard account in a demo format with virtual money is also a possibility. Registering a Standard account is a very hassle-free process.

The estimated time for completing your registration is under two minutes. You simply have to enter your information in the form using characters from the English alphabet only. You also need to select your preferred account type, your country’s financial regulator and your desired trading software from the drop-down menu.

XM Zero accounts

The XM Zero account is mostly suitable for experienced and professional traders looking to trade larger volumes. This type comes with a limited choice of base currencies, with the only three options being JPY, EUR and USD. The contract size coincides with that for Standard accounts, i.e. one whole lot equals 100,000. The spreads on all major currency pairs are as low as zero pips.

Keep in mind, however, that commissions on your trades apply if you choose to set up an XM Zero account. You can have as many as 200 pending or open positions with this type of account. The minimum trading volume is the same as that for Standard accounts and amounts to 0.01 lots. You can have 50 lots per ticket.

Since XM Zero accounts are recommended for larger-scale traders, the minimum deposits are significantly higher at $100. There is an Islamic version of the XM Zero account as well. These accounts incur no rollover interest if traders keep their positions open overnight. To use this swap-free option, you must sign up with XM Group via its mobile app, log in, navigate to the Members Area and validate your newly registered account.

Only then can you request an Islamic account. The customer support staff will notify you by email when your account’s status changes. Islamic customers will also benefit from real-time order execution, no hidden additional costs and no re-quoting.

Another thing that sets XM Group apart from some of the other mobile-friendly brokerages is that it does not compensate for the lack of extra fees by spread widening. XM Group is a highly ethical broker and, as such, refrains from charging interest in disguise.

Trading Information
Trading Platforms	MetaTrader 4, MetaTrader 4 MultiTerminal, MetaTrader 5, Proprietary Mobile, Proprietary Web
Demo Account
Hedging
Scalping
US Traders
Arabic Traders

XM Group mobile app fees and spreads

As we specified earlier, XM Group boasts variable spreads that differ depending on several factors, including the type of account you set up and the instruments you trade. The most cost-effective option is to trade major currency pairs such as EUR/USD, GBP/USD and USD/EUR, as the spreads on these start from zero pips for XM Zero accounts.

Customers who open Standard and Micro accounts can enjoy spreads that start from 1 pip. Another laudable aspect of this mobile brokerage is that XM Group is committed to ensuring the best quality of order execution, so that customers can actually benefit from the tight spreads on offer.

The fact that the spreads at XM Group are flexible is a merit in its own right. It is typical for fixed spreads to be higher than flexible ones. For this reason, customers who use fixed spreads are required to pay insurance premiums. In turn, this causes brokerages that work with fixed spreads to impose trading limitations during important news announcements, rendering the insurance premium you have paid useless.

At XM Group, mobile traders will experience no such nuisances. This is a fair and transparent broker that values its customers and always strives for their full satisfaction. It is also important to note that XM Group offers fractional pip pricing.

The main purpose of this is to ensure you get the most competitive pricing from the many liquidity providers the brokerage works with. This allows customers to take full advantage of the most minuscule movements in prices. The broker uses five-digit rather than four-digit pricing for greater accuracy.

To add to all these advantages, XM Group also impresses with transparent and competitive swap rates. As for the commissions, these apply only to XM Zero accounts. They amount to $7 per whole lot. You are charged $3.50 for opening a position and the same amount for closing it. The commissions at XM are charged proportionately. For instance, if you purchase only half a lot instead of a whole one, you will have to pay $1.75 for opening your position and $1.75 for closing it.

Should your account remain dormant for one year or more, the brokerage will impose a one-off maintenance charge of $15. It will also charge you $5 on a monthly basis for each subsequent month of account inactivity.

XM Group mobile app banking

Before we expand on the subject of mobile payments at XM Group, we would like to remind potential clients that it is best to use their local currency as the base currency of their accounts; otherwise, you will have to pay additional currency conversion fees. Some of the base currencies you can pick from are EUR, USD, CHF, GBP, HUF, PLN, RUB, JPY, AUD, ZAR and SGD.

It is also important to specify that new registrants are expected to send colour copies of their identification documents to validate their accounts. Feel free to use your driving licence, ID card or passport. Additionally, you will have to provide a utility bill that is no older than three months to verify your permanent residential address.

• Deposit
• Withdrawal

Brand	Minimum	Fees	Processing Time
	$100	No Fees	Instant
	$100	No Fees	Instant
	$100	No Fees	Instant
	$100	No Fees	Instant
	$100	No Fees	Instant

Brand	Minimum	Fees	Processing Time
	-	$15 if cash out is under $200	To 2 business days
	-	$15 if cash out is under $200	To 2 business days
	-	$15 if cash out is under $200	To 2 business days

Deposits

The deposit options at XM Group may vary depending on your country of residence. Some of the most commonly available methods are credit and debit cards. The brokerage accepts payments with Visa, Mastercard, Visa Electron and Maestro.

You can rest assured about the safety of your card details and funds because the app encrypts all information you send to or from your XM Group account. Moreover, this accredited brokerage does not charge additional commissions on deposits made with the above-listed debit or credit cards.

Once you successfully verify your identity and residence, you will be able to make almost immediate deposits to your XM Group live account balance. It takes only a few minutes for the funds to be credited. The mobile broker will send a notification to the email address you registered with as soon as the funds are available, so you can begin trading for real money immediately.

The minimum deposit requirement depends on the type of account you choose. Deposits to Standard and Micro accounts are extremely low at only $5. However, if you choose to set up an XM Zero account, you will have to commit no less than $100 per deposit.

Another way to top up your live balance at XM Group is to use a standard bank wire transfer. Be sure to include the valid number of your XM live account when filling in the transfer’s payment details, or your deposit will not go through.

An additional advantage of this method is that XM Group will cover the wire transfer fees enforced by the banks it works with; however, this applies only to deposits that exceed $200. Depositing with a range of popular e-wallets is also possible at XM Group, including the widely used Neteller and Skrill.

Withdrawals

Prospective customers should bear in mind that all cash-out requests (excluding trading profits) are returned to the same debit or credit cards they initially deposited with. You can use the same methods that are available for depositing.

Mobile traders can conveniently track their withdrawals after logging in and navigating to the My Withdrawals section. It contains the full history of their payments along with information on pending withdrawals. You can check the requested and approved amounts and the status of your transactions.

The mobile brokerage does not charge fees on customers’ withdrawals. One exception is made for withdrawals requested via bank wire transfer, in which case the client might incur a processing fee of $15, provided that the amount they want to cash out is under $200.

This may not appeal to small-scale investors, as they will have no option but to grow their trading accounts to a size that allows them to withdraw larger amounts at no cost.

Withdrawals requested back to one’s debit or credit card are usually processed within two business days. Naturally, customers can withdraw only to a bank account or a card that is registered in their own name.

XM Group mobile app regulations

XM Group was launched in 2009 and is operated by Trading Point Holdings Limited, a company with registered offices in Limassol, Cyprus. This is an accredited trading company that has acquired licences from some of the biggest financial regulators in the world. Its operations in member states of the European Union are licensed and overseen by the Cyprus Securities and Exchange Commission (CySEC).

The company has also established a solid presence on the British trading market, where it falls under the regulatory scope of the highly accredited Financial Conduct Authority (FCA), which operates in conjunction with the Prudential Regulation Authority and the Financial Policy Committee.

XM Group can also legally serve customers from Down Under thanks to a licence granted by the Australian Securities and Investments Commission (ASIC). To boot, the brokerage is overseen and authorised by the Dubai Financial Services Authority (DFSA) and the International Financial Services Commission (IFSC).

In line with the requirements of its regulators, XM Group imposes leverage restrictions on its CFD offerings, but the maximums differ from one country to another. Customers from the EU can use leverage of no more than 30:1 for major Forex pairs under the regulations of CySEC.

The brokerage has posted a risk disclaimer on its homepage, warning that 75.5% of its retail customers lose money when investing in Contracts for Difference. This percentage is significantly lower compared to those of some other CFD brokers. We attribute this to the broad range of educational and research materials offered by XM Group. Also worth noting is that XM Group does not offer its services to clients based in third countries. Traders from the United States of America are also not accepted.

Conclusion

XM Group is a highly recognised trading company that boasts two very functional mobile apps. The latter enable registered customers to conveniently trade and monitor their positions while on the move. The interface of the apps is intuitive and easy to work with. The apps provide access to more than 1,000 financial instruments, with users being able to open demo or live accounts.