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WELL-PERFORMING BROKER
8.9
392 Reviews

Founded: - Min Deposit: 5 USD

Headquarters: Cyprus Max Lev: 1 : 1000

Score
Business Scope
8.9
Trading Cost
8.9
Trading Platforms
8.9
Support
8.9
Licence Status

Multiple licenses

FSCA 49976
Mauritius FSC GB23202700
Seychelles FSA SD190
Authorised
Authorised
Authorised
Contact
support@xm.com
https://www.xm.com/
https://www.youtube.com/@xmglobal
Carranza
Jan 28, 2026 Colombia
I choose the lower cost account and traded there. No bonuses, but better spreads and no fees for holding trades overnight. Other things looked pretty average for me, not something unusual. Payments were delivered. Support replied properly in the live chat, though it would be better to have some dedicated support. Also what would be better to see, is tradingview platform. Not just a web copy
Eduardo Christian
Feb 17, 2026 Brazil
the broker's customer service stands out compared to other firms.... they helpmed with account setting, cleared all my questions, and they even call me to know if all is ok
Rashid Abdullah Al Dhaheri
Feb 13, 2026 United Arab Emirates
easy to trade, qqq and spy pushing new highs every month since last April correction. I'm just longing every short-term pullback, seems like strat is working so far
Omar Al Falasi
Feb 12, 2026 United Arab Emirates
1 million traders worldwide, it’s an achievement. The crowd won’t lie, either it won’t pick something bad. And I see why. This broker has pretty everything for being a good place to trade at.
Veerappen Naidu
Jan 31, 2026 Malaysia
Almost nothing to complain about. The broker does the job pretty good. I like the dashboard. I see everyone is commenting on this topic and there are mixed reviews. But i like how it’s structured and that the trading app is integrated into it and no need of installations of anything
Broker News Account & Cost Deposit & Withdrawal Pros & Cons Company & Service Related Complaints Company Overview FAQs User Reviews

Broker News

XM Launches Unlimited Cashback Promo Rewarding Traders in 2026 Apr 08, 2026
XM has just launched a major Unlimited Cashback Promo for Spring 2026. This initiative allows our traders to earn up to $7 back for every lot traded with no earning cap, providing your audience with a
XM Receives Prestigious CFI.co 2026 Awards for Gold Trading and Customer Excellence Apr 01, 2026
XM has been awarded the Best Gold Broker and Best Customer Service for 2026 by Capital Finance International (CFI.co). 
XM Secures CMA License, Strengthening Its Regulatory Footprint in Kenya Feb 25, 2026
XM has officially received a license from the Capital Markets Authority (CMA) of Kenya.

Deposit and Withdrawal

8.9

Very Good

No minimum deposit required & fast withdrawals

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Pros & Cons
Pros

XM Group Pros

  • Multiple reputable regulatory licenses (Belize FSC, Mauritius FSC, Seychelles FSA)
  • No requotes and no rejections policy for fair execution
  • 99% of trades executed in under 1 second
  • High leverage up to 1:888
  • Equal trading conditions for all clients
  • Supports MT4 and MT5 with advanced trading tools
  • Wide range of trading instruments: forex, commodities, indices, metals, energies, crypto
  • Free deposits and withdrawals
  • Comprehensive educational resources and market analysis
    • Cons

    XM Group Cons

    • Customer support mainly during business hours, not 24/7
    • Cryptocurrency trading availability depends on entity and region
    • No proprietary trading platform; only MT4/MT5
    • Leverage may pose high risk for inexperienced traders

      • Company and Service

      8.9

      Very Good

      Multilingual support and good customer service.

      Profile
      Headquarters Address
      Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042, Limassol, Cyprus
      Time Zone GMT+2
      Credit Profile No information
      Trading Platforms
      MT4
      XM App,  Mobiletrader,  MT4,  MT5,  iOS,  Android,  Multiterminal
      MT5
      XM App,  Mobiletrader,  MT4,  MT5,  iOS,  Android,  Multiterminal
      Contact
      No Data
      Others
      Website Language
      Arabic,  Bulgarian,  Chinese(Simplified),  Chinese(Traditional),  Czech,  English,  French,  German,  Greek,  Hindi,  Indonesian,  Italian,  Korean,  Malay,  Mongolian,  Nepali,  Polish,  Portuguese,  Romanian,  Russian,  Slovak,  Spanish,  Tagalog,  Thai,  Urdu,  Vietnamese
      Customer Service By
      Phone,  Email,  Live Chat
      Supported Language
      Arabic,  Bulgarian,  Chinese(Simplified),  Chinese(Traditional),  Czech,  English,  French,  German,  Greek,  Hindi,  Indonesian,  Italian,  Korean,  Malay,  Mongolian,  Nepali,  Polish,  Portuguese,  Romanian,  Russian,  Slovak,  Spanish,  Tagalog,  Thai,  Urdu,  Vietnamese

      Related Complaints

      Q&A Complaints

      Is XM broker regulated

      Fadhil Iqbal
      Rwanda
      Oct 16, 2023
      ANSWER Yes, XM is a regulated broker. It is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 120/10, and the Belize Financial Services Commission (Belize FSC) with license number 000261/397. XM has met certain requirements set by these regulatory bodies and can provide a relatively transparent trading environment for their clients.Please note that while being regulated provides a certain level of assurance, it's always important for traders to do their own due diligence when choosing a broker. For more details, you can visit XM's official regulation page. Please remember to always do your own research before investing.
      See more

      Is swing trading US stocks with XM a good idea or is it too expensive to hold for that long?

      Maahir bin Fahd
      Malaysia
      May 09, 2025
      ANSWER Dear Investor, We do not provide specific investment advice or trading recommendations. However, before engaging in any trading strategy, investors should consider key factors such as costs, holding duration, and market conditions. Holding positions for an extended period may incur overnight swap fees, which could affect profitability. As a result, traders should carefully evaluate whether the cost of maintaining positions aligns with their overall trading strategy. Understanding market dynamics and risk management is essential for making informed trading decisions.
      See more
      Company Overview

      XM Group Overview

      XM Group, founded in 2009, is a globally recognized online forex and CFD broker, offering services to millions of clients in over 190 countries. XM Group operates under several regulated entities, ensuring a safe and transparent trading environment for all clients. With a strong commitment to fair trading practices, XM Group provides all clients, regardless of account size, access to the same competitive trading conditions.

      Regulation

      • Belize FSC: XM Global Limited is licensed by the Financial Services Commission of Belize under the Securities Industry Act 2021 (License No. 8557558)
      • Mauritius FSC: XM International MU Limited is licensed by the Financial Services Commission of Mauritius under the Investment Dealer's Licence (License No. GB23202700)
      • Seychelles FSA: XM (SC) Limited is regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer's License SD190

      XM Group’s multiple regulatory licenses provide clients with peace of mind and ensure that client funds are segregated and protected. The broker also offers negative balance protection and transparent trading practices.

      Trading Conditions

      • Execution Policy: 99% of trades executed in less than one second, with no requotes or rejections
      • Leverage: Up to 1:888 depending on entity and instrument
      • Spreads: Variable spreads from 0.0 pips on major currency pairs
      • Account Types: Micro, Standard, and XM Zero accounts tailored for different trading strategies
      • Trading Instruments: Forex, commodities, indices, metals, energies, and cryptocurrencies

      Trading Platforms

      XM Group supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on desktop, web, and mobile (iOS/Android). Both platforms support advanced charting, technical indicators, automated trading via Expert Advisors (EA), and multiple order types, catering to both beginner and professional traders.

      Deposits and Withdrawals

      XM Group offers multiple deposit and withdrawal methods, including bank transfers, credit/debit cards, e-wallets (Skrill, Neteller, etc.), and local payment options. Deposits are generally processed instantly, while withdrawals typically take 1-3 business days. XM Group does not charge fees for deposits or withdrawals.

      Why Choose XM Group?

      • Strict “no requotes, no rejections” policy
      • High-speed trade execution (99% within 1 second)
      • Equal trading conditions for all clients, regardless of account size
      • Multiple regulated entities ensuring safety and transparency
      • Access to a wide range of trading instruments
      • MT4 and MT5 platforms with advanced trading tools

      FAQs

      Is XM Group a Trusted Broker?

      Can I Withdraw Money From XM Group?

      Overall Score

      8.9
      392 Reviews

      Cost 8.9

      Platforms 8.9

      Deposit & Withdrawal 8.9

      Customer Support 8.9

      Indicates the average level of Brokers

      Keywords for selection
      No Requote Unstable Server Connection Worst/Cheated Responsive Customer Support Satisified Deposit/Withdrawal Problems Reliable & Reputable Advanced Trading Platform Regulated & Licensed Fast Execution High Leverage Fast Deposit/Withdrawal High Spreads Recommend Good/Professional Customer Support

      392 Reviews Clear filter

      Sort by
      Alfonso Trentini
      7-12 months Shares Account Colombia
      with shares account I have access to stocks - created a pretty strong portfolio here...can now earn real dividends
      May 13, 2026
      Reply
      Fadillah
      1-3 years Malaysia
      it's my roughly 2 years of trading on the xm platform. Withdrawals are taken seriously here - that's what matters to me the most.
      May 13, 2026
      Reply
      Wah Fuk Lim
      0-6 months XM Ultra Low Account Malaysia
      Ultra low account is by far the best one from their offerings. Spreads are tight + zero commissions.
      May 13, 2026
      Reply
      Gajra Scindia
      0-6 months India
      Average broker with affordable fees Spreads starts from 0.7 on ultra low account with low $5 deposit
      May 12, 2026
      Reply
      Victorio Pulido
      7-12 months Colombia
      on the ultra low account with them, works weel for forex, support average but stable
      May 11, 2026
      Reply
      ME13W5Z7P5
      0-6 months Standard Account India
      There is lots of issues on XM, Their customer support is very slow and ineffective. They are unable to solve the isuess within the time which they commited, not give proper guidance to which document or process required to solve the problem. always try to connect with wrong phone number. Not give proper answer on live chat, email and also pnone call
      May 08, 2026
      Reply
      erdil lodhra
      1-3 years Standard Account Pakistan
      Standard acc is the only way to get access for bonuses. Not possible to get them via ultra low acc for some reason. But anyway, the fees are not bad, they are just average with that acc.
      May 03, 2026
      Reply
      Faris J
      1-3 years United Arab Emirates
      ultra low account because no swaps and spreads tighter then in standard account
      May 02, 2026
      Reply
      Nicolas Costa Correia
      1-3 years Brazil
      I keep trading with xm cause i know i will never have issues with withdrawals. period
      Apr 29, 2026
      Reply
      Liemena Guangli
      1-3 years XM Ultra Low Account Indonesia
      have been trading on ulra low account for 5 monhts already - tight spreads
      Apr 28, 2026
      Reply

      1-10 of 392 comments

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      Risk Warning

      FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

      Disclaimer

      The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.