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Is XM Global A Scam?
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I had opened a MT5 live trading account with XM Global Limited a few years back. I deposited $10. Now this is not a big sum. I just wanted to check the spreads which seemed to be more than other brokers and place a few traders and see their customer support. I didn't make any trade. After a few weeks, suddenly I saw that the $10 deposit has simply been deducted by these people. I emailed the support but only got a vanilla type reply without any satisfactory explanation that I am not opening any trades. I am not accusing anyone but this type of behavior smacks of unprofessional attitude on the part of the broker. I am starting this thread. If anyone can post in this thread their experience with XM Global Limited. Since I did not make a deposit like $1000 and frequently traded with this broker I cannot accuse them of any thing except unprofessional attitude. If I had faced problems in withdrawing the profits than I could have said that this broker is a scam. But it is always a good idea to have a forum where traders can give their honest opinion about brokers. This can be helpful to other traders who can then know what other traders had experienced with this broker. So the thread is open. Any trader who has got some experience to share about XM Global Limited can post their experiences in this thread.

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