XM review
Regulation, trading conditions, fees, platforms and user experiences
Also known as XM Global, Trading Point
Editorial review updated 26 August 2026 · Broker data checked 26 August 2026
- Editorial score
- 9.2/10How we scored XM
- User rating
- No user ratings yet
- Regulatory status
- FSC (Belize)CySECASICDFSA (DIFC)+1
- Country
- Cyprus
- Established
- Established 2009
- Website
- xm.com
XM may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
XM is a forex and CFD broker associated with Cyprus. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
XM scores among the strongest we assess. Regulated by Belize FSC (8557558); CySEC (120/10); ASIC (AFSL 443670); DFSA (F003484); FSCA (49976), offering MetaTrader 4, MetaTrader 5, XM App. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
XM at a glance
- Broker name
- XM
- Established
- 2009
- Headquarters
- Limassol, Cyprus
- Legal entities
- XM Global Limited
- Regulatory status
- Regulated
- Minimum deposit
- $5
- Maximum leverage
- 1:30
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform
- Markets offered
- Forex, Metals, Commodities, Indices, Shares, ETFs, Cryptocurrency CFDs
- Account types
- Standard, Ultra Low, Shares, Islamic, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, Help Centre, 24/7
- Official website
- xm.com
Our view of XM
XM stands out for a CySEC licence, 17 years of operating history, a low minimum deposit of $5 and MetaTrader 4 and 5. The main issues to consider are an inactivity fee. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
Who XM may suit
XM may suit traders looking for a tier-one licence behind the account, a small first deposit, copy trading and automated strategies.
What stands out
- Low minimum deposit, high leverage options, extensive educational resources, diverse range of instruments
What to consider
- Higher spreads on standard accounts, no proprietary trading platform
What traders report about XM
There are not enough eligible ratings to publish an aggregate user rating for XM.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
Read all reviewsView complaintsWrite a reviewSubmit a complaint
How XM scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.