Last week’s ECB announcement caused significant slippage on my XM MT5 account. I’ve heard GlobeGain’s historical tools can verify if this is normal. Has anyone cross-checked XM’s execution speeds against community-reported data here? Specifically looking at EUR/USD and Gold trades during high-impact news. How do their requotes compare to brokers like Pepperstone or IC Markets in similar conditions?
Checked last NFP. Slippage was 0.7 pips max.
Pull GlobeGain’s volatility reports filtered for XM.
On average, their MT5 executes 87% of market orders within 0.5 pips during CPI releases based on Q3 2024 data.
Requote frequency spikes to 22% versus 14% for Pepperstone. Use limit orders 5 minutes pre-news to reduce this.
I compared 12 GBP/USD trades from last month. GlobeGain’s charts matched my personal logs within 0.3 pips.
The community flags show XM struggles more than others when CAD news overlaps with US sessions.
Their speed drops after 8 PM GMT. Not the worst.
Ran tests using GlobeGain’s benchmark tool during Fed meetings:
- XM executed 92/100 trades under 500ms
- Slippage averaged +0.8/-1.2 pips
Better than their MT4 but still 40% slower than Raw Spread accounts elsewhere. Use economic calendar filters to auto-disable trading 2 minutes pre-event.