XM

4.63

Industry Tier:

15-20 years

Contact

Basic Information

Country

Cyprus

Industry

Forex

CFD

Comments

4.63

75 Reviews

All Rating

Rafael Costa

4.0

Good

I wanted to say that xm offers solid service but the spreads on the standard account are not as tight as I wish… but there is an account option for tighter spreads which i didn’t choose

Brazil

08-10

cusunoji047

5.0

Good

my big loss came from overleveraging, and i really did like using the leverage they offer for the forex pairs i trade, but learned i needed more careful atitude to the price shift. Ok, using it wiser now. The platform is quick.

Thailand

08-04

Vicente

4.0

Good

I wish they have dynamic leverage for not adjusting leverage everytime I want to enter with different volume. Other trading conditions were good though. Especially, appreciated spreads at NY open.

Brazil

07-25

Prakit Yoonim

5.0

Good

Customer service works flawlessly. They answer my inquiries within minutes through live chat

Thailand

07-13

SCardar

5.0

Good

I like their xm trading app. The ai insights are truly useful in my trading

Indonesia

07-13

mark_anthony

5.0

Good

If they can make the Refer A Friend camping permanent instead of only 4 weeks, it would be even better. The time is too short, but the awards are too good. I’m already working on it

Philippines

07-03

Anonymous User

5.0

Good

So Far So good very friendly user apps easy to access I hope XM continue it's good service and improve and develop more option like one time entry but multiple trade like 10 trade at a time in just one entry I hope they have this option

Bulgaria

07-02

Pawin Nut

5.0

Good

Xm mobile app for some reason felt intuitive. My first time using it, i liked how all sections load fastly, and clicking buttons works smoothly. I recently placed a few big orders on FX and crypto. They executed with small slight slippage, which means i DIDN’T lose much on additional costs.

Thailand

06-29

PedroL48

5.0

Good

not a bad experience, although the stokc account remains out of reach. 10k is impossible lol, for most people who are just starting trading/investing. They should lower that requirement.

Brazil

06-27

Akil H

4.0

Good

I always use the alert system in the xm mobile app. It’s a smart tool that automatically notifies you when price comes to a near specific level. Super handy when I don’t want to be glued to the charts

UAE

06-12

Profile & Analysis

Profile

XM is a forex broker that was established in Belize in 2009, with its headquarters located in Belize City. This broker primarily offers users CFD trading services in forex, cryptocurrencies, stock indices, Turbo stocks, commodities, securities indices, thematic indices, precious metals, energy, and more.

Corporate Background

XM is a broker providing trading services, with its registered entity being XM Global Limited, along with Trading Point of Financial Instruments Limited, both are companies under the Trading Point Group. Its headquarters are located in Belize. According to Whois information, XM's official website domain was registered on August 22, 2023.

Regulatory Information

XM Global Limited strictly follows the "Securities Act of 2021" and is authorized and regulated by the Belize Financial Services Commission (FSC) (license number: 000261/397); Trading Point of Financial Instruments Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) (license number: 120/10), and both are companies under the Trading Point Group.

Trading Products

XM offers a variety of trading products, including forex, cryptocurrencies, stock CFDs, Turbo stocks, commodities, securities indices, thematic indices, precious metals, energy, and other CFD trading services.

Forex: Over 50 currency pairs, including all major currency pairs, cross currency pairs, and exotic pairs.
Cryptocurrencies: Traders can use leverage up to 500:1, with extremely low spreads and no re-quotes.
Stock CFDs: Cost-effective, integrated with global stock markets, with no commission on stock CFD trades.
Turbo Stocks: Trade with 200:1 leverage and enjoy low spreads.
Commodities: Traders can go short and profit from market drops without any trade commission fees.
Securities Indices: Cost-effective, integrated with global stock markets, without additional fees.
Thematic Indices: Invest in cutting-edge technology sectors, grasp the latest themes, trends, and concepts.
Precious Metals: Trade gold and silver online without re-quotes.
Energy: Oil CFDs with no overnight interest.

Trading Platforms

XM offers investors PC/MAC, smartphone, and tablet clients. Each client type provides MT4 and MT5 trading platforms for users to choose from, both platforms are known for advanced trading features and various analysis tools. MT4 offers a variety of trading indicators, expert advisors for automated trading, and extensive charting tools. MT5 adds more technical indicators, a wider range of order types, and an advanced built-in economic calendar to its predecessor.

Account Registration

The specific method for XM account registration is as follows:

First, open the XM official website and click "Create an Account" in the upper right corner of the homepage.

Then, complete the account registration by filling in the information (such as country of residence, email, password, etc.) as required.

Account Types

XM offers four types of accounts for traders to choose from: XM Ultra Low Micro, XM Ultra Low Standard, XM Zero, and Shares Account. These different account types meet the diverse trading needs of users, featuring micro or standard lot trading, as well as expert advisors trading functions. Users can select the account type according to their own trading requirements.

Customer Support

XM provides multiple channels for contact, including via email or web customer service. Traders can contact the customer support team at phone numbers +501 223-6696/+501 227-9421 for direct and immediate assistance. Investors can also send questions or requests to [email protected].

Summary

Registered in Belize, XM is regulated by the Belize Financial Services Commission (FSC). XM offers a variety of trading products, including forex, cryptocurrencies, stock CFDs, Turbo stocks, commodities, securities indices, thematic indices, precious metals, energy, and other CFD trading services. TraderKnows reminds investors that trading involves high risks which might result in the loss of their investment capital, and advises investors to cautiously consider their investment objectives and risk tolerance.

Currently, XM is marked as "Active" on TraderKnows.

References

1.XM Whois Registration|2024-03-26

2.XM Official Website Regulatory Information|2024-03-26

3.XM Official Website|2024-03-26

FAQ About XM

What is XM?

XM is a Forex Broker.

When was XM founded?

XM was founded in 2009.

Where is XM located?

According to its official website, XM is located in Suite 101, 63 Eve Street,Belize City, Belize.

What is XM's official website?

XM's official website is https://www.xm.com/

Industry Tier

Licenses

ASIC

Regulated

MM License

FSC

Revoked

Retail Forex License

CYSEC

Regulated

MM License

DFSA

Regulated

Retail Forex License

Social Media

Written byTraderKnows

Created date:2023-04-14 00:55

Last Updated:2026-03-30 07:05

Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.