About Regulated Crude Trading Brokers
Online oil broker regulation is the most sought after qualification by oil traders when it comes to selecting an online Trusted Oil Trading Broker to open a oil account with. Regulation is what makes an online crude oil broker to be considered as a Trusted Oil Trading Broker, When it comes to XM Group, this online Oil Trading and crude trading broker group is regulated and licensed 3 countries: Cyprus, Australia & Belize. XM oil broker Group regulation licenses are shown below and any other additional regulation data can be found on XM Regulation Webpage.
XM Group (XM) is a group of regulated online brokers. Trading Point of Financial Instruments Ltd was established in 2009 and is regulated by Cyprus Securities & Exchange Commission (CySEC 120/10), Trading Point of Financial Instruments Pty Ltd was established in 2015 & is regulated by Australian Securities & Investments Commission (ASIC 443670) & XM Global Limited was established in 2017 and is regulated by Financial Services Commission (FSC000261/158).
XM Address Book:
AUS: Level 13, 333 George St, Sydney, NSW 2000, Australia
CY: 12 Richard and Verengaria St, Araouzos Castle Court, Third Floor, 3042 Limassol, Cyprus
BZ: Suite 404, The Matalon, Coney Avenue, Belize City, Belize
XM GROUP - Regulation & Licenses - Crude Trading Broker Review
1. Cyprus
Regulated by Cyprus Security and Exchange Commission, its License Number - CySEC 120/10.
2. Australia
Regulated in Australia by ASIC, under license number AFSL 443670 - ASIC (Australian Securities & Investments Commission)
3. Belize
Regulated in Belize by Financial Services Commission (FSC000261/158)
XM is committed to full business transparency when it comes to Online trading & this is reflected in the way it operates its financial services in compliance with the regulatory authorities that it is signed up and licensed with. XM provides its services according to strict financial standards specified by its financial regulators.
Live Time Market Execution of Crude Trading Orders
No Requotes Execution Policy which aims at giving customers reasonable spreads while at the same time coupled with the no requotes execution technique. XM has 100% execution rate of orders with 99.35% of all orders executed in less than 1 second (No-Requotes Policy).
Oil Trading Account Types
Micro Oil Trading Account
Standard Crude Trading Account
XM Zero Account/XM Ultra Low Account
*Accounts availability depend on the client's country of residency.
MICRO account allows you to operate with micro trading lots, lower level of risk & it has minimum initial deposit of $5.
STANDARD trading account allows you to operate with standard lots & it has minimum initial deposit of $5.
XM ZERO account allows you to operate with standard lots, lower spread beginning at 0 pips & it has minimum initial deposit of $5. XM ZERO trading account has $3.5 commission per $100,000 traded. Finally, the XM ULTRA LOW account allows you as a trader to trade with either micro lots or standard lots, lower spreads beginning from 0.6 pips & it has minimum initial deposit of $5.
Islamic Oil Trading Accounts
Islamic accounts are swap-free, meaning there is no paying/receiving of interest. This oil account is suited for traders looking for Islamic crude trading brokers.
Deposit/Withdraw Funds
Clients have a secure members area on their site once they have opened an account, in this client area or cabinet you can deposit/withdraw your money at any time. By clicking my account and then clicking deposit button then fill the details, for withdraw just click my account & then the withdraw button. Withdraw Requests are also processed on the same business day and receipt of funds is issued within the same day.
What Instruments are available for trading on XM
- Currencies
- CFD's
- Precious Metals - Silver and Oil Trading CFDs
- Energies - Oil CFDs
- Online Stocks CFDs
- Commodities CFDs
- Cryptocurrency CFDs
Trade Forex, Oil, Energies, CFDs, Commodities CFDs, Cryptocurrency CFDs and Online Stocks CFDs
Bonus on Crude Oil Account Deposit & Loyalty Bonus
1. Free VPS for clients who maintain a minimum trading account balance of USD 5,000. No end date for this promotion:
2. $30 Non Deposit Account Bonus for new clients only. No end date for this bonus promotion:
3. The two-tier deposit bonus provides 50% deposit bonus up to $500 & 20% deposit bonus up to $5,000. No end date for this promotion:
4. XM Loyalty Program provides the clients XM Points (XMP) per lot traded. These XMP can be redeemed at any time for credit bonus which can be used for trading purposes only. No end date for this promotion:
* Trading Bonus and Loyalty Program aren't eligible for clients signed up under Trading Point of Financial Instruments Ltd.
Leverage
Maximum Leverage* is 1:888
Leverage* "This leverage isn't available to all entities of the Group. Maximum leverage for clients signed up under the EU regulated entity of the Group is 30:1".
No Requotes Policy
No-re-quotes policy means this oil broker does not requote the traders as this is a no dealing desk crude oil broker, execution accesses inter-bank network meaning they have a variety of liquidity providers to take up the oil orders instantly form this network of banks. This crude oil broker follows a no re quotes policy for its clients making it the broker for traders looking for a non dealing-desk oil broker and a No-Requotes Policy Online Oil Trading Broker.
Software Platforms Crude Trading Softwares
MT4 & MT5 platforms are available for PCs, MACs, Smartphones & Tablets
Web Trader Software
Provides Web Platform and traders can log in online when they are away from their computer and analyze the online oil trading markets. The Web trader platform is accessible from the browser.
Oil Trading Practice Accounts
A Demo is a free practice account given to novice traders to practice trading on MT4 & MT5 softwares: it provides full & unlimited access to the features of the MetaTrader 4 & MetaTrader 5 platforms that include trading, charting & Expert Advisors automated trading.
Registration of the practice practice crude trading account is meant for traders to practice Oil Trading with this demo oil account. NB: Demo trading accounts will be closed if they are inactive for more than 90 calendar days.
Security & Reliability
XM oil trading software is designed with high standards in terms of security, privacy, reliability & integrity. Information is encrypted using High Grade Information Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) 128 bit keys, which means that no third party can access data, server is secure, data is backed up in more than one location, and also uses 2 different server firms located away from each other meaning there is absolute no down time, oil traders always have access to servers and can trade anytime from anywhere in world.
XM provides transaction security by the use of information encryption techniques that guarantee security of these trades & safe-guard clients' privacy through the Secure Socket Layer, SSL technology technique, otherwise known as https:
HTTPS: High Grade Information Encryption (TLS_RSA_WITH_AES_128_CBC_SHA, 128 bit keys) Security
Company Review - Oil Trading Broker Review
XM is a next generation investment firm enabling traders from more than 190 countries around the globe to trade Oil, precious metals, Oil Trading & energies. XM is one of the leading oil brokers in the world with over 1,000,000 real accounts opened from over 190 countries.
From founding of the company in 2009, XM has been committed to providing fair & transparent trading conditions for all the clients irrespective of their trading capital worth. Oil traders enjoy the no re-quotes execution available anywhere, bolstered by a strict no re quotes & no rejections policy.
