XM broker was established in the year of 2009, and they have been in the market for over 10 years. With their good services and less cost, they also have established themselves in the list of top brokers. XM hold license such as FSC (Financial Services Commission) which strengthen the reliability of the broker.
XM offers 4 types of accounts named Micro, Standard, XM Ultra-Low Standard, and XM Ultra-low Micro in which there is no commission charged in any of the account types which automatically reduces the cost of the broker with that they don’t charge any fees on deposit and withdrawal. They also have launched a UPI payment system a few months ago which also is a plus point for them to spread their wings in Indian Market.
Support services of the broker are also up to the mark and the availability of the support system is 24*7 days. The platform is simple and easy to use.
Research and Education material is also provided by the broker to gain knowledge about how to trade. The broker is a good option to be a trading partner.
The best account type in my point of view is Ultra-low account types with the cheapest cost and best services among the other account types.