XM Trading Conditions

Execution Policy of XM

99.35% of all trades are executed in less than 1 second.

• 99.35% of all orders executed in less than 1 sec.
• Strict NO re-quotes policy – NO Virtual Dealer plug-in
• 100% execution rate – no rejection of orders
• Real-time market execution
• Placing orders online or by phone

At XM execution quality is crucial. We foster the ease and speed at which our clients enter the market at the best available market price. Thus we strongly oppose to any software or methods that undermine execution quality by aggressively re-quoting or rejecting clients’ orders. As ex-interbank dealers, we also know that inferior execution turns a profitable trading strategy into a losing one. Tight spreads only make sense if you can trade on them. In this respect, the XM mission is to provide best execution possible.

Constantinos Cleanthous, Chief Executive Officer

Execution

Time is money – this is why we consider execution quality crucial. We offer 100% execution of orders, 99.35% in less than 1 second, in order to turn effective trading strategies into profitable deals.

Placing Orders

Our trading platform supports market, limit, stop and trailing stop orders, and you have the freedom to place orders at any time during trading hours. In case you prefer telephone trading and speaking directly to any of our dealers, at XM this is also possible. Your position will remain open until the closing trade is executed; moreover, your account balance is updated real-time according to current market prices.

Kindly note that you may only hold up to 200 positions open simultaneously (per client and including pending orders).

Fills on Market Orders

At XM you can trade 5 million with a simple click, as we guarantee fills on market orders up to 50 lots (5 million). However, if you intend to deal in an amount even bigger than this, you can either split up the order into smaller trade sizes, or request your full trade by telephone.

Fills on Stop-loss and Limit Orders

At XM we understand the importance of stop-loss and limit orders in risk management, this is why we guarantee fills on both such orders up to 50 lots.

Holiday and Weekend Execution

Should there any market gaps occur from a Friday close to a Sunday opening, XM executes all pending limit or stop orders at the first available market price for the corresponding position size.

Volatile or Illiquid Market Trading

Thanks to its alertness and business partnerships with various liquidity providers, XM aims to serve you best even during volatile market conditions by executing orders at the best available market price.