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Broker review
Recommended

XM

XM Founded 2009

Best for

Best for traders who want registration number HE251334, with registered address at 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus. regulation, a starting deposit of $5.00, and MT4, MT5 access.

Brokerate score

90 / 100

The score reflects the published trust, trading, platform, and support signals we could verify on this profile.

Recommended means this broker currently clears our internal threshold for overall quality with no obvious red flags in the listed facts.

Regulation
registration number HE251334, with registered address at 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus.
Founded
2009
Demo
Available
Read external reviews

Use the official broker site for live spreads, legal documents, and account opening details.

Pros

  • Regulation listed: registration number HE251334, with registered address at 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus.
  • Platforms include MT4, MT5
  • Demo account available.

Cons

  • US clients are not accepted.

Full broker details

Use this section to inspect the broker profile field by field after the summary above.

Trust & regulation

Company profile

Company

XM

Year opened

2009

Head office

Cyprus

Jurisdiction & oversight

Regulation

registration number HE251334, with registered address at 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus.

Trading conditions

Pricing & execution

Minimum deposit

$5.00

Visit deposit source
Execution type

Market Execution

Risk & sizing

Max leverage

1:1

Hedging

Yes

Min trade size

0.01

Account & platform

Access & tools

Platforms

MT4, MT5

Demo account

Yes

Demo account link
Visit demo account page
Copy trading

Yes

Availability & account setup

Accepts Islamic

Yes

Accepts US

No

Money management

No

Payments & support

Funding & rebates

Cashback

5.00 $ (Per Lot)

Rebate

No

Payment methods

Bank Transfer Bank Transfer Neteller Neteller SKrill SKrill Visa Visa Mastercard Mastercard

Support & contact

Languages

Englsih

Overview

XM (xm.com) is a globally recognized online forex and CFD broker, established in 2009 and operated by the Trading Point group. It offers access to a wide range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. XM is known for its low minimum deposit (starting from $5), flexible leverage up to 1:1000, and support for popular trading platforms like MetaTrader 4 and MetaTrader 5. The broker operates under multiple regulatory licenses in different jurisdictions, which helps it serve clients in over 190 countries while maintaining a strong reputation for reliability and customer support.

One of XM’s key strengths is its accessibility for beginners, thanks to features like demo accounts, educational resources, and a user-friendly trading environment. It also provides Islamic (swap-free) accounts, allows hedging, and offers various account types to suit different trading styles. While XM does not accept clients from certain regions such as the United States, it remains a popular choice among traders worldwide due to its competitive trading conditions, fast execution, and responsive multilingual support.