XM Review

XM Logo
1/5 ⭐☆☆☆☆ (2 Reviews)
XM Logo
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Fast Facts

Founded: Account Currencies
2009  USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, and ZAR
Trading Instruments: Trading Platforms:
Forex, Stock, Indices Metals, Energies, Commodities, Cryptocurrencies Meta Trader 4, Meta Trader 5, XM App, Web Trader
Funding Methods: Regulation
Credit/Debit Cards, E-Wallets, Bank Transfers, Crypto/Other FSC (Belize) FSC (Mauritius)
Max Leverage: Min Deposit:
1:1000 $5

 

Contact Info and Support

Telephone: +501 2236696

Company Address: 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus.

Supported languages: English, Chinese, Russian, French, German, Spanish, Portuguese, Italian, Arabic, Hindi, Thai, Vietnamese, Bahasa Malay, and Bahasa Indonesia.

 

Pros and Cons

Pros Cons
Low minimum deposit High spreads on some accounts
Strong regulation Inactivity fee
Free education & webinars Limited advanced platforms
Fast trade execution Offshore entity risk
Bonus & promotions No ECN account option

 

Deposits / Withdrawals

  • Deposit Methods:- Credit/Debit Cards, E-Wallets, Bank Transfers, Crypto/Other.
  • Withdrawal Methods:- Credit/Debit Cards, E-Wallets, Bank Transfers, Crypto/Other.

 

About XM

XM is a global forex broker which was founded in 2009 under trading point. This is the largest forex broker, who was serving 15+ million traders around 190+ countries.


XM broker provides you access to 1000+ financial instruments, such as forex, commodities, crypto, indices, stocks and CFD trading.
This broker is a multi regulated broker with the licenses from the officials such as CySEC, (Cyprus)ASIC (Australia)and FSC, (Mauritius)certify level of trust and fund protection.


Overall, XM broker is considered as a reliable, beginner friendly broker which offers low deposit, high Spreads and fast execution strong global presence and competitive trading conditions.

Customer Reviews

Maninder kaintyura
⭐☆☆☆☆

I am writing this follow-up because my previous issues remain completely unresolved. Despite the company replying to my last review claiming they would ""look into it,"" I have received absolutely no communication from them. They are currently refusing to release $46 from my account, claiming I need to maintain a $50 minimum, which is ridiculous. This feels like a blatant tactic to trap small balances. I have no intention of depositing more money into a platform that ignores its users and makes it this difficult to withdraw what is rightfully mine. Warning to others: If you have a small account balance, be prepared for them to stop responding and keep your money. I want my $46 back immediately. Date of experience: 6ht of april 20206

Wael
⭐☆☆☆☆

I submitted a Bank Wire withdrawal on 26 March 2026 for 5,675 USD (Account 400199520, Transaction ID 143215641). The status showed “Processed” from day one. After more than 3 weeks of delay and repeated requests, XM finally admitted that the bank rejected the transfer and the funds were returned to my trading account. Important: XM has never provided any MT103 / SWIFT proof that they actually sent the money in the first place. I have now requested activation of Crypto Wallet (USDT) to my personal Binance account, but they continue to send only generic “under review” replies with no real action. After more than 25 days, I still have no functional withdrawal method. I have filed a formal complaint with FSC Belize and will keep updating this review until the full amount is successfully withdrawn. Account: 40019952

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