XM Global is a forex and CFD broker established in 2009, operating as a global financial services provider.
XM is a global forex and CFD broker offering access to multiple asset classes through MT4, MT5, and the XM App. It operates through regulated entities and provides retail trading services across multiple regions.
XM offers Standard, Ultra Low, and Shares account plans, with services delivered through different regulated entities depending on region. The broker combines platform access with market research, education, and trading tools for retail clients.
XM operates through multiple regulated entities across different jurisdictions. The specific regulatory entity that governs your account depends on your country of residence and the entity through which you register. Key regulatory bodies that oversee XM entities include:
Trading Point of Financial Instruments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 120/10.
XM Global Limited is regulated by the Financial Services Commission (FSC) of Belize under licence number 8557558.
XM International MU Limited is regulated by the Financial Services Commission (FSC) of Mauritius under investment dealer licence number GB23202700.
XM (SC) Limited is authorised and regulated by the Financial Services Authority (FSA) of Seychelles under securities dealer licence number SD190.
XM offers trading across multiple asset classes, including forex and CFD products on indices, commodities, shares, and selected crypto-related instruments. Product availability may vary depending on the regulatory entity and jurisdiction.
Major, minor, and selected exotic forex pairs, including heavily traded currency markets such as EURUSD and other global FX pairs.
CFDs on major equity indices, covering widely followed benchmark markets such as the S&P 500, NASDAQ, FTSE, and DAX.
CFDs on commodity markets, combining precious metals, energy products, and soft commodities such as gold, oil, coffee, sugar, and similar products depending on the entity.
Stock CFDs on internationally listed companies, giving access to popular names such as Apple and other major US and global shares.
Cryptocurrency CFDs or related digital-asset instruments available under eligible entities, subject to regional restrictions and product availability.
1,400+ global assets across multiple asset classes
Product availability depends on the regulatory entity, jurisdiction, and the specific product offering enabled for the client account.
XM offers multiple account types designed for different trading preferences and experience levels. Account conditions, minimum deposits, and available features may vary depending on your regulatory entity and jurisdiction.
Suitable for beginners and small-scale trading.
Standard trading conditions for most traders.
Low-cost account aimed at higher-volume trading, with lower spreads.
Share-trading account for investing in listed stocks, with a higher entry threshold and commission-based pricing instead of typical forex-style spread-only costs.
XM may offer Islamic accounts that eliminate overnight swap charges to comply with Shariah principles. These accounts are designed for traders who require swap-free trading conditions.
Islamic account availability and terms & conditions vary by regulatory entity. Eligibility requirements and account approval processes may apply.
XM trading costs mainly consist of spreads, overnight swap charges where applicable, and share-trading commissions on the Shares account. Micro, Standard, and Ultra Low accounts are generally structured as spread-only accounts with no separate trading commission, while overall trading costs vary by instrument, holding time, and account type.
Spread Variability
Spreads are floating and can widen significantly during high volatility periods, major news events, market openings/closings, and low liquidity conditions. Weekend and holiday periods may also affect spread levels.
Always verify current spreads, commissions, and fee schedules on the official XM website as conditions may change and vary by account type and regulatory entity.
Leverage allows traders to control larger positions with smaller amounts of capital. However, leverage amplifies both potential gains and losses, making it a double-edged tool that requires careful consideration and risk management.
Maximum leverage varies by jurisdiction (EU: 1:30 for major pairs, other regions may differ)
Professional vs retail client status affects available leverage levels
Leverage may be reduced as account equity increases (tiered leverage system)
Different asset classes have different maximum leverage limits
XM provides access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms across desktop, web, and mobile devices. These platforms offer comprehensive trading tools, analysis capabilities, and automated trading support.
XM supports various deposit and withdrawal methods, though availability varies significantly by country and regulatory entity. Processing times and fees depend on the chosen payment method and compliance requirements.
Visa, Mastercard
International & local bank transfer
Skrill, Neteller
Local bank & regional methods
XM provides various educational resources and customer support services designed to help traders understand markets and platform functionality. These resources are provided for informational and educational purposes.
Customer service available in multiple languages depending on region and time zone
Support availability varies by region and support channel. Some services may operate 24/5 during market hours
Account assistance may be available depending on region and account type
XM operates as a global forex and CFD broker through multiple regulated entities, offering access to various financial markets via MetaTrader platforms. The broker provides different account types, educational resources, and customer support across multiple jurisdictions.
Trading conditions, regulatory oversight, and available services vary significantly depending on your location and the specific XM entity that governs your account. It is essential to understand these differences and their implications for your trading activities.
Before engaging in forex or CFD trading with any broker, carefully assess your risk tolerance, understand the regulatory framework that applies to you, verify the specific entity you would be trading with, and consider seeking independent financial advice.