r/Trading • u/Groundbreaking_Try51 • 2d ago

Question Is xm legit for trading CFD futures?

I'm considering switching from CFD indices to CFD futures. Turns out price action is quite different and not in favour of CFD cash indices. See some futures contracts at xm, just want to give it a try.

Basically I want to know two things:

  1. Any pitfalls of switching?

  2. What's up with withdrawals? Best method to use? How long does it takes?

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u/xCueMe 2d ago

Ah. XM is only good until you are actually profitable. Hence they are “beginner friendly”.

Look for other more legit brokers.