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WELL-PERFORMING BROKER
8.9
398 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 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

See more
See more

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.
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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.
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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
398 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

398 Reviews Clear filter

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Justin
0-6 months South Africa
I use the standard acc and main reason for that was to use the deposit bonus. It’s not bad acc, but don’t expect raw spreads here. Anyway, for forex is just fine
May 24, 2026
Reply
xm_group
Claimed
Dear Justin, We really appreciate you sharing your XM experience with us!😎 Thanks for being such a valued customer. 😊 XM Team 🚀 BIG. FAIR. HUMAN.
May 27, 2026
Reply
Emre Sari
7-12 months Turkey
Maybe the spreads on the ultra low account are slightly better, but if you are a daytrader I think it’s still better using the standard account for two main reasons. First you can boost your account balance with the deposit bonus, and second you can use the perks of their regular campaigns which are mostly designed to work for the standard account only. Yes, a bit of a strange approach, but worth knowing when making a decision. I recommend the standard acc
May 24, 2026
Reply
xm_group
Claimed
Dear Emre Sari, Thanks for taking the time to share with us your feedback!
May 27, 2026
Reply
Frasquito Cs
1-3 years XM Ultra Low Account Brazil
The ultra low acc is good because the cost of trading is low compared to other accs. spreads stay tight, around 0.7 pips, but the best thing is that commissions and swaps are zero.
May 23, 2026
Reply
xm_group
Claimed
Hello Frasquito Cs, Thank you for sharing your experience! We’re glad to hear you’re enjoying the Ultra Low account and benefiting from the lower trading costs and tight spreads!
May 27, 2026
Reply
Ta Van Hoc
7-12 months Vietnam
A standard account for some reason suits me more, even though it does not offer the lowest spreads like ultra low acc. At least I can participate in all those promotions legally.
May 23, 2026
Reply
xm_group
Claimed
Dear Ta Van Hoc, Thank you so much for your review! We appreciate it.
May 27, 2026
Reply
OWG9NMR01L
0-6 months Brazil
Customer service needs improvements in terms of the speed, as currently they answer slowly to email inquiries. Live chat is ok though. Besides that, I didn’t find any reasonable issues with the broker. Fees are tight enough for day trading, and generally xm can be trusted because of multiple regulations
May 22, 2026
Reply
xm_group
Claimed
Dear OWG9NMR01L, We love to hear what our customers have to say, and your feedback has been very insightful! Much appreciated.
May 27, 2026
Reply
Severino O.
7-12 months Colombia
I agree that its not bad overall, esp. with new spreads, and if you're on ultra low (super cheap trading, costs are 100/100, that I can agree with), or if you are usign web trading with their new system. But I think they have too many customers to care about any particular one. I don't feel like I'm being pampered when I talk to them, or when I ask for something. they have too many clients...
May 19, 2026
Reply
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

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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.