Broker research file
XM Review, Regulation & Safety Research
Quick answer
What does the available evidence show about XM?
1 official-register match is recorded for a named legal entity in this file. This does not establish which company would serve a particular client and is not a group-wide authorisation or safety conclusion.
See the source-linked findingsWHAT WE KNOW
1 named entity record matched to official register sources.
PROVIDER DISCLOSURES
1 provider-stated record; these are not regulator confirmation.
WHAT REMAINS UNVERIFIED
Which entity would onboard a specific client, whether its permissions cover that account, and current account costs and conditions.
Evidence summary & key verified facts
- Official entity record
- Matched
- Brand-to-entity relationship
- Confirmed
- Client-specific regulatory coverage
- Not established
- Latest regulator-register check
- 2026-10-30
These are evidence-coverage labels, not safety ratings, legal opinions, or investment recommendations.
The provider’s Cyprus risk disclosure names Trading Point of Financial Instruments Ltd (HE 251334) and CySEC licence 120/10. The CySEC entity page lists the same licence and xm.com among approved domains; this is not a statement about other XM entities.
Trading Point Of Financial Instruments Ltd
CySEC · reference 120/10
CySEC’s current Investment Firms (Cypriot) entity page lists licence 120/10, company registration number 251334, service codes 1–10 and approved domains including www.xm.com.
Official record checked 2026-10-30 · view source
Provider disclosures — not regulator confirmation
- Trading Point of Financial Instruments Ltd · CySEC · reference 120/10Provider disclosure identifies the Cyprus entity and claims CySEC licence 120/10.Provider source
FXBrokerAlert Evidence Rating: Not issued. Each verified record applies only to the named entity, source and jurisdiction; it does not establish which entity would serve a particular client.
Legal entities & regulation
| Regulator | Licence no. | Legal entity | Source | Evidence status | Checked | Source finding / limitation |
|---|---|---|---|---|---|---|
| CySEC | 120/10 | Trading Point of Financial Instruments Ltd | Provider disclosure | Not verified | 2026-10-23 | Provider disclosure identifies the Cyprus entity and claims CySEC licence 120/10. |
| CySEC | 120/10 | Trading Point Of Financial Instruments Ltd | Official register | Official register entry matched | 2026-10-30 | CySEC’s current Investment Firms (Cypriot) entity page lists licence 120/10, company registration number 251334, service codes 1–10 and approved domains including www.xm.com. |
Regulation summary
Entity records, brand relationships and customer coverage are assessed separately. An official entity record does not show which entity will serve a particular account.
| Jurisdiction | Legal entity | Company registration | Regulator | Licence / reference | Approved domains / trade names | Official entity record | Brand relationship | Client coverage | Last checked | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Cyprus (EU) | Trading Point of Financial Instruments Ltd | Not recorded | CySEC | 120/10 | Not recorded | Provider claim only | Relationship not independently established | Not independently established | 2026-10-23 | Provider / public source |
| Cyprus (EU) | Trading Point Of Financial Instruments Ltd | 251334 | CySEC | 120/10 | www.xm.com | Official register matched | Confirmed by official approved domain / trade name | Not independently established | 2026-10-30 | Official source |
The exact source and its scope control each finding. See the broker regulatory evidence database for coverage across the current directory.
Want to check yourself? Read how to check if a broker is regulated, how to read a licence, or browse the regulator guides.
What remains unverified
These gaps describe the current source file, not an absence of a product, service or protection. Provider statements remain separate from regulator-confirmed records.
33 information items without independent confirmation
- Country of incorporation
- Account types
- Minimum deposit
- Maximum leverage
- Trading conditions
- Deposit / withdrawal terms
- Forex
- Indices
- Stocks
- Commodities
- Crypto CFDs
- ETFs
- MT4
- MT5
- Web platform
- Mobile app
- Proprietary platform
- Trading spread
- Trading commission
- Deposit fee
- Withdrawal fee
- Currency conversion fee
- Inactivity fee
- Overnight / swap fee
- Bank transfer
- Card
- E-wallet
- Local payment
- Crypto
- Minimum withdrawal
- Typical processing time
- Withdrawal methods
- Verification required
Field-level records, including provider-source links where available, appear below. Confirm terms for the exact entity, country and account.
External review references
Third-party Reference Score
This score is derived from cited public third-party editorial and/or user-review ratings. It is separate from FXBrokerAlert's evidence assessment.
Research profile domain: xm.com
9.1 / 10
2 rated sources · Limited External Data
Editorial Average: 9.1 / 10
User Review Average: Not available / 10
Only the available editorial average is used because no public user rating was found; the data is limited. At least 2 sources are required; 2 sources are marked Limited and 3 or more Complete.
FXBrokerAlert Evidence Rating: Not Rated
| Source | Rating type | Rated brand domain | Region scope | Identity match | Original | Normalized / 10 | Review count | Checked | Source note |
|---|---|---|---|---|---|---|---|---|---|
| DayTrading.com | Editorial | xm.com | Not verified | Matches profile | 4.8 / 5 | 9.6 | Not applicable | 2026-10-28 | Published editorial rating. DayTrading.com discloses that it may earn a commission when readers sign up through its links. |
| BrokerChooser | Editorial | xm.com | Not verified | Matches profile | 4.3 / 5 | 8.6 | Not applicable | 2026-10-28 | Published BrokerChooser analyst score. BrokerChooser displays an advertiser disclosure on its review pages. |
Trustpilot score unavailable or excluded
Rated brand domain: xm.com · Region scope: Not verified · Research profile domain: xm.com · Matches profile
Trustpilot displayed that this company’s rating is unavailable due to a breach of its guidelines. The page was not treated as a zero or included in the calculation. View source
Checked 2026-10-28
Public scores are a dated snapshot, not a verified measure of safety, service quality or future performance. Editorial methods differ; user reviews are self-selected and may not be fact-checked. Review samples may be small, stale, or unrepresentative. The broker’s legal entity and service region may differ across sources.
Trading information
Trading platforms
5 information items not independently verified
- MT4
- MT5
- Web platform
- Mobile app
- Proprietary platform
Markets offered
6 information items not independently verified
- Forex market
- Indices market
- Stocks market
- Commodities market
- Crypto CFDs market
- ETFs market
Trading conditions & fees
Conditions may differ by legal entity, account type and region. No spread, commission or fee schedule for XM has been independently verified in this file.
7 information items not independently verified
- Trading spread
- Trading commission
- Deposit fee
- Withdrawal fee
- Currency conversion fee
- Inactivity fee
- Overnight / swap fee
Other trading conditions
6 information items not independently verified
- Execution type
- Practice account
- Islamic account
- Copy trading
- Minimum deposit
- Maximum leverage
Deposits & withdrawals
Deposit methods
5 information items not independently verified
- Bank transfer
- Card
- E-wallet
- Local payment
- Crypto
Withdrawal information
5 information items not independently verified
- Minimum withdrawal
- Withdrawal fee
- Typical processing time
- Withdrawal methods
- Verification required
Risk information
Leveraged trading carries significant risk
Risk Signals
Risk assessment is not verified
- Overall risk assessment
- Not Verified
- Regulatory evidence
- Not Verified
- Transparency
- Not Verified
- Withdrawal signals
- Not Verified
- Offshore exposure
- Not Verified
- Complaint signals
- Not Verified
Research risk indicators
| Indicator | Assessment | Evidence note |
|---|---|---|
| Long operating history | Not Verified | The operating history of the client-facing legal entity has not been independently established. |
| Clear legal entity | Not Verified | Some sources name legal entities, but the entity that would contract with a particular client has not been established. |
| Offshore entity exposure | Not Verified | Client routing and jurisdiction-specific entity exposure have not been independently verified. |
| Independent review signals | Not Verified | FXBrokerAlert has no submitted user reviews. Public third-party ratings are shown separately and do not establish risk. |
| Trading conditions vary by region | Not Verified | Region- and entity-specific trading terms have not been reviewed. |
| Revoked licence warning | Not Verified | No revoked-licence allegation is asserted. Warning status has not been established. |
| Clone warning | Not Verified | No clone-firm allegation is asserted. Identity and domain checks have not been completed. |
| Major regulatory action | Not Verified | No conclusion is made; enforcement history has not been comprehensively researched. |
| Unverified identity | Not Verified | The client-facing legal entity is unknown. This describes an information gap, not a finding of fraud. |
47 data points are not verified in this file. Risk-alert sections are informational and do not establish misconduct, licensing status or trading safety.
Research sources
Source dates are the dates recorded for the cited check. A provider disclosure describes what the provider states; it is not regulator confirmation. Licence records above preserve the legal entity and the finding for each source.
Official regulator
- CySEC official register / searchOfficial register entry matched · 30 October 2026
CySEC’s current Investment Firms (Cypriot) entity page lists licence 120/10, company registration number 251334, service codes 1–10 and approved domains including www.xm.com.
View source
Official broker website
- Official broker websiteNot verified · Not checked
Official website destination only. This website has not been independently reviewed as evidence in this file.
View source
Legal documents and provider disclosures
- Provider legal disclosureNot verified · 23 October 2026
Provider disclosure identifies the Cyprus entity and claims CySEC licence 120/10.
View source
Independent sources
No independent sources have been independently reviewed for this file.
WikiFX is not used as a default source. Independent-source entries are shown only when an actual reviewed source has been recorded.
For general verification steps, see how to check a broker and the regulator guides. Learn how to read licence records, review CFD costs, and understand why regulation is not risk-free.
Reviews
0 FXBrokerAlert-submitted reviews
Public third-party user ratings appear separately in External review references. FXBrokerAlert review submission is not open.
Related research files
Grouped only by overlapping source-regulator references in the files. This is not an assertion of shared authorisation or client coverage.
- FP MarketsShared source referencesThird-party Reference Score 8.9 / 10
- FXCMShared source referencesThird-party Reference Score 8.5 / 10
- IC MarketsShared source referencesThird-party Reference Score 9.4 / 10
- PepperstoneShared source referencesThird-party Reference Score 8.9 / 10
Broker comparisons
Frequently asked questions
Is XM regulated?
FXBrokerAlert has not established which legal entity would onboard a particular client or whether any recorded permissions cover that client and product. Verify the exact contracting entity and its current permissions directly with the relevant regulator.
Which regulators are referenced for XM?
The cited source records reference CySEC for specific named entities or record searches. A reference does not establish which entity serves a particular client, the scope of its permissions, or group-wide authorisation.
Is XM considered low risk?
FXBrokerAlert does not have enough verified evidence to assign a risk level. The risk factors in this file are unknown. External review scores are not risk ratings.
Which trading platforms does XM offer?
Current platform availability has not been independently verified for the relevant legal entity and region.
What is XM’s minimum deposit?
Not independently verified. A deposit figure requires a dated, applicable source for the relevant account and region.
Does XM support MT4 or MT5?
MT4 and MT5 availability has not been independently verified for the relevant legal entity and region.
How can I verify XM’s regulation?
Find the exact contracting entity in the account agreement, search for that entity in the regulator’s official register, compare the listed websites and contact details, and check current permissions for the product and client type. A brand name or copied licence number alone is not sufficient.
Compare this broker
Compare public rating references, evidence sources, platforms and trading conditions. FXBrokerAlert Evidence Ratings remain Not Rated.