XM offers exclusive indicators including Ribbon and Analyzer. They can help you analyze trends, volatility, support/resistance, and determine entry timing.

As a broker with more than a decade of experience, XM has become one of the best brokers for retail traders today. They offer a bunch of services, like different account types, lots of trading options, and good customer support.

In terms of trading analysis, XM broker offers exclusive indicators for its traders. These XM technical indicators are developed in collaboration with an experienced trader named Avramis Despotis.

  • Ribbon Indicator: assists in identifying the present trend and determining the opportune moment to enter the market.
  • River Indicator: determining the market direction and identifying the instruments that are gaining momentum.
  • Ichimoku Indicator: assists in establishing support and resistance levels while also pinpointing the direction of the trend.
  • Bollinger Bands Indicator: evaluates price volatility and anticipates potential trends in the market.
  • ADX and PSAR Indicator: helps gauge the strength of a trend and identify potential points at which it could shift direction.
  • Analyzer Indicator: facilitates the automated analysis of various indicators.

What's cool is that they work seamlessly with both MT4 and MT5, so you can even use them to create expert advisors or robots.

 

How to Request the Indicator?

  1. To obtain these XM exclusive indicators, start by signing up with XM and opening an account. Please go to the official XM page, select "Research & Education" at the top, and choose "trading tools."
    Request XM Indicator 1


  2. Once you're on the trading tools page, click on "Member Login" in the green box at the center. This will take you to the registration or new XM account opening page. Complete all the required information for the account opening.
    Request XM Indicator 2


  3. Once you're signed up, expect a call from an XM Account Manager. During this talk, feel free to ask for the exclusive indicator.

  4. If you miss the Account Manager's call, don't worry. You'll either get an email from support or a call from another account manager. Keep that contact number handy, usually starting with 021. If you can't remember the account manager's email, just jump on XM live chat and ask to be contacted.

For those who already have an XM account, hit up customer service directly. Request to chat with an Account Manager.

The Account Manager will tell you what you need to do to get these MetaTrader indicators. Once you've done that, the account manager will guide you through claiming it.

More paperwork comes later after you've let them know what you need for the indicator claim. You can request more than one XM trading tool if your deposits meet the requirements.

 

General Requirements

The general requirements are that you need to deposit $250 to access the LITE features for each XM indicator. For PRO features, a deposit of $500 is required for each indicator (applies in multiples and is calculated per account, with a maximum of 2 weeks after the deposit).

The difference between LITE and PRO is that LITE can only be loaded for one chart. Meanwhile, PRO can be used for 2-3 charts. In LITE, only standard information is displayed, while PRO provides additional analysis.

XM | Specifications | Review | Testimonials (52) | News (11) | Articles (24) | Bonus (14) | Promotions (7)
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Website
www.xm.com
Established
2009
Leverage
1:1000
Min Deposit
$5
Regulation
FCA, CySEC, BaFin, CNMV, FSP (New Zealand), ASIC, CONSOB (Italy), Belize Financial Service Commission (FSC), ESMA
Key Features Extensive Review
Bonuses
Personal manager
Segregated accounts
Free education
Trading by phone
Compensation scheme
Negative balance protection
VPS
Affiliate program
Copy trading
Webinar
WebMoney
Skrill
Wire transfer
Neteller
CashU
QIWI
FasaPay

XM Group is a group of regulated brokers and it is owned by Trading Point Holdings Ltd. Entities under XM Group have significant experience as financial services providers worldwide.

Trading Point of Financial Instruments Ltd was established in 2009 with headquarters in Limassol, Cyprus, Trading Point of Financial Instruments Pty Ltd was established in 2015 with headquarters in Sydney, Australia, XM Global Limited was established in 2017 with headquarters in Belize and Trading Point MENA Limited was established in 2019 with headquarters in Dubai.

XM Group is regulated by the CySEC (Cyprus Securities and Exchange Commission) - Trading Point of Financial Instruments Ltd, FSC (Financial Services Commission) – XM Global Limited, the ASIC (Australian Securities and Investments Commission) - Trading Point of Financial Instruments Pty Ltd and DFSA (Dubai Financial Services Authority) - Trading Point MENA Limited.

XM is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that is instructed by 16 global experts.

In terms of trading instruments, XM is a well-known diverse class assets provider, varying from Forex, Crypto, Stock CFDs, Turbo Stocks, Commodities, Equity Indices, Precious Metals, Energies, & Shares. XM prides itself to be the ideal broker in trading execution, offering a stat of 99.35% orders to be executed in less than 1 second. Trading in XM would be also provided with a strict no requotes policy, no virtual dealer plug-in, no rejection of orders, real-time market execution, and the choice for traders to place orders online or by phone.

Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip.

To protect the client's fund in the event of extreme volatility, XM presents each account type with Negative Balance Protection. Minimum deposit of $5 applies to Standard, Micro, and also Ultra-Low Accounts. Traders who open accounts in XM are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units. If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade.

For the deposit, XM applies zero-fee deposits in most of its available payment methods. Traders can choose to fund or withdraw their accounts via wire transfer, credit card, as well as the most favorable e-payment choices like Skrill, Neteller, and FasaPay.

To give their clients the best experiment in trading, XM has given access to both MT4 and MT5 platforms, each is available for more than 6 display formats (PC, Mac, Multiterminal, WebTrader, iPad, iPhone, Android, and Android Tablet).

All in all, there is no doubt that XM has gone global with its deep commitment to providing services in more than 30 different languages across the world. Aside from easing traders' experience with mainstream trading platforms and high-quality trading execution, XM is open to various types of traders, from small capital traders to the more experienced ones with big deposits at the ready. Traders are even provided with a Cent Trading environment should they choose to register under Micro Account.

For their global approach, XM has ensured that traders from various countries could access their service easily. This results in the provision of different domains specified for traders in certain jurisdictions. For example, traders from Indonesia could access XM via this link.

 

XM's Ribbon Indicator

XM's Ribbon Indicator

The Ribbon indicator helps spot the current trend and decide when it's a good time to jump into the market. It's made by combining ten moving averages with different timeframes.

Signals pop up based on how these moving averages line up. This indicator can give you a heads-up about when a trend might flip or if it's a good time to stick with it.

With the Ribbon indicator from XM, you can do these things:

  • Stick with the trend using lots of moving averages. Just look at the ribbon lines – if prices are above, the upward trend is on, and if they're below, the downward trend keeps going.
  • Find important consolidation areas and time your entry when things break out. Check where prices go up and down along the ribbon lines – that's the consolidation. When prices break out and move consistently, either up or down, it's time to enter.
  • Catch signals that show the trend is still going. Similar to point 1, as long as prices stay above or below the ribbon lines, the trend keeps rolling.
  • Check out a bunch of instruments fast and find hints about when to jump in. You could check the overview table that resumes all Ribbon signals across many instruments of your choice. This allows you to review opportunities from other pairs without having to jump in each pair's chart one by one.

 

XM's River Indicator

XM River Indicator

The River Indicator is a powerful tool that helps you figure out where the market is going and which instruments are really on the move. It's not just about knowing there's a trend; it also looks at how clear, strong, and wide that trend is.

As a matter of fact, the River Indicator combines different things like moving averages, market excitement, and how prices relate to them.

Here's what the XM River Indicator can do for you:

  1. Easily identify range patterns: The River Indicator is great at finding range patterns in the market, making it simple to see when the prices are staying steady or getting active.
  2. Replacing many trend indicators with just one: Instead of using a bunch of tools to understand trends, the River Indicator combines all that info into one easy-to-use tool. This makes it much simpler to understand which way the market is going.
  3. Finding instruments with really strong trends: You could compare multiple pairs' signals in one overview table so you don't have to visit each chart to draw the conclusion on the overall market condition.

 

XM's Ichimoku Indicator

XM's Ichimoku Indicator

The Ichimoku Indicator helps you define support/resistance and identify trend direction. It also helps gauge momentum and provide buy and sell signals.

With the XM Ichimoku indicator, you can do these things:

  • Find markets that are moving strongly: You can do this by observing how the cloud relates to the moving price; a clear upward trend is when the price is well above the cloud, and a downward trend is when the price is significantly below the cloud.
  • See where prices might bounce up or down using: In this case, the cloud serves as a level indicating potential bounce points.
  • Decide when to jump into the trend: Watch for signals like price reversals and the initiation of a trend from Tenkan-sen, Kijun-sen, or TK crossovers.
  • Check out other instruments effectively: You can quickly look at many instruments and find hints about when it might be a good time to jump in from the overview table on the upper left side of the chart.

 

XM's Bollinger Bands Indicator

XM Bollinger Bands

XM Bollinger Bands Indicator helps you to assess price volatility and potential market trends. With this indicator, you can:

  • Recognize extreme price levels: When prices touch or surpass the outer bands, it suggests that the market is overbought or oversold.
  • Identify signals in a ranging market: In a sideways or ranging market, prices tend to fluctuate between the upper and lower bands. Buying near the lower band and selling near the upper band can be a strategy for capturing profits within a range-bound market.
  • Outline extreme price moves: Sudden expansions of the bands indicate increased volatility, potentially signaling the beginning of a strong trend. This can be particularly useful for trend-following traders looking to capitalize on significant price movements.
  • Scan multiple assets in seconds and identify potential entry signals: Traders can quickly scan through various XM instruments with the overview table. This can save time and allow for a systematic approach to identifying opportunities across different assets.

 

XM's ADX and PSAR Indicators

XM ADX PSAR Indicator

The ADX and PSAR indicators help you figure out how strong a trend is and when it might change direction. When you use both indicators together, you can avoid getting confused by false signals and make smarter decisions about where to put your money.

With this XM indicator, you can do these things:

  • Recognize when a market is in a range: The ADX and PSAR indicators work together to show when the market isn't going up or down a lot. This is important because it means there's no clear trend.
  • Identify the starting point of a new trend: When the ADX starts going up, it means the trend is getting stronger. At the same time, the PSAR might change its position around the price, suggesting a possible change in direction. When you see these signals together, it helps you catch the start of a new trend early on.
  • Identify when the trend is reaching extreme conditions: If the ADX value goes really high, it shows that the trend is getting stronger. But if it goes too, too high, it might mean the trend has gone too far and could turn around. With the PSAR helping out, you can figure out if a trend is getting too extreme.
  • Examine various trading instruments at once. With this XM indicator, you don't have to sweep every chart to check out other pairs' technical outlooks. As a matter of fact, you can see the summary in the overview table.

 

XM's Analyzer Indicator

Analyzer Indicator helps you with automated analysis of multiple indicators. You can analyze any instrument using Moving Averages, MACD, Relative Strength Index, and more at the click of a button.

With this XM indicator, you can:

  • Analyze in seconds, not hours: the automated analysis feature allows for a rapid assessment of multiple indicators at once.
  • Map the market direction in real time: This indicator provides a dynamic map of the market direction to help you stay updated on the latest market trends and shifts.
  • Quickly identify the best instruments to trade: By assessing a range of indicators simultaneously, you can swiftly pinpoint assets showing favorable conditions

 

Pros and Cons of Using This Tools

Using XM's exclusive indicators comes with both pros and cons. Here are some of them.

✔️Pros

❌Cons

You can quickly spot trading signals.

When compared to numerous free and effective MetaTrader indicators, this indicator comes with a higher price tag.

You have the option to develop a robot or expert advisor by blending these indicators.

The accuracy of trading signals with this tool varies based on market conditions. To achieve precise entries, consider incorporating additional filtering strategies.

Rarely used by other traders, giving it an exclusive feel.

There's limited educational content or information about these indicators available on the internet.

 

Conclusion

XM exclusive indicators' main advantage lies in its user-friendly design, including the overview table and pop-up notifications for valid signals. This makes it easier to check across multiple assets all at once and so advances your trading process.

Yet, the main thing about the indicator is its precise accuracy. How well this indicator performs relies on how skillfully a trader selects the right market conditions. For instance, trend indicators like the Ribbon and River work best in trending markets but not so well in sideways markets.

For beginners, this indicator could be a useful tool. But in my personal opinion, putting in a minimum of $250 for each indicator doesn't seem worthwhile. There are plenty of free MetaTrader indicators online that work just as well.

Nevertheless, there's no harm in trying XM exclusive indicators if you're curious, have weighed on the pros and cons, and don't mind the cost.

 

XM is a well-regulated forex brokerage that offers a wide range of trading instruments, including forex, CFDs, stocks, indices, commodities, and cryptocurrencies. XM also offers a variety of educational resources, including webinars, tutorials, and e-books. These resources can help traders learn about the forex market and how to trade.