I’ve been looking at XM as an option and I keep seeing mixed feedback on their spreads. Some people say they’re expensive, others say the rebates make up for it. But I’m trying to figure out the actual math here.
Like, if XM has 1.7 pip spreads on EUR/USD but you’re getting rebates through GlobeGain, how much are you really saving compared to a broker with tighter spreads but no rebate program? I’ve seen community reviews that praise XM for reliability and customer support, but I haven’t found clear breakdowns showing the real cost difference.
I want to open an account somewhere, but I need to understand the actual numbers before I commit. Should I prioritize low spreads or is the rebate enough to make XM competitive? Anyone done this calculation and willing to share what you found?