XM review: regulation, fees and platforms
Facts read from XM's own website, checked 2026-10-28. Anything not found there is marked "Not stated on the broker's site".
- Minimum deposit: $5 (Standard and Ultra Low accounts on the XM Global site; Shares account needs $10,000)
- Max retail leverage: Not stated on the broker's site
- Regulators: 2: CySEC, FSC (1 tier-1)
- Retail loss figure: Not stated on the broker's site
- Islamic account: Offered
- Instruments: Not stated on the broker's site
- Founded: Not stated on the broker's site
- Headquarters: Not stated on the broker's site
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you can afford to take the high risk of losing your money.
Regulation
| Regulator | Country | Licence | Entity |
|---|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | 120/10 | Trading Point of Financial Instruments Ltd |
| Financial Services Commission (FSC) | Belize | 8557558 | XM Global Limited |
Account types
| Account | Spread from | Commission |
|---|---|---|
| Standard | Not stated on the broker's site | Not stated on the broker's site |
| Ultra Low | Not stated on the broker's site | Not stated on the broker's site |
| Shares | Not stated on the broker's site | Not stated on the broker's site |
Maximum retail leverage by region
Not stated on the broker's site
Platforms
MetaTrader 4, MetaTrader 5, XM app
Deposit methods
Not stated on the broker's site
Notes from the check
- xm.com redirected to the Arabic XM Global site (xm.com/ar) on the check date; facts are translated from it.
- All accounts are stated to offer negative balance protection, hedging and an Islamic account option.
- The XM Global risk warning gives no retail loss percentage.
- Spreads and commissions were not shown on the account types page.
- XM Global does not serve residents of the USA, Canada, Israel or Iran, among others.
ScaleEdge score: 62/100 (rank 6 of 12 by our published method)
| Factor | Points | Basis |
|---|---|---|
| Tier-1 regulators | 15/30 | 1 tier-1: CySEC |
| Retail loss figure | 7.5/15 | Not stated on the broker's site, scored neutral (7.5 of 15) |
| Minimum deposit | 15/15 | 5 USD |
| Platform choice | 12/20 | MT4, MT5, own platform (XM app) |
| Raw spread and commission | 7.5/15 | Not stated on the broker's site, scored neutral (7.5 of 15) |
| Islamic (swap-free) account | 5/5 | Offered |
Sources (checked 2026-10-28)
- CySEC register of Cypriot investment firms
- XM Global home and footer
- XM Global account types
- XM Global regulation
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