XM

XM

Free

Global Forex & CFD Broker – 10M+ Clients

4.6(7,230 reviews)
Free · Variable spreadsRegulated Forex & CFD Broker
XM

About XM

XM Group is one of the world's largest and most established forex and CFD brokers, serving over 10 million clients in 196 countries since its founding in 2009. Regulated by multiple top-tier financial authorities including CySEC (EU), ASIC (Australia), and IFSC (Belize), XM has built a reputation for transparency, reliability, and client-first service.

The broker offers MetaTrader 4 and MetaTrader 5 platforms with access to 1,000+ trading instruments including forex pairs, commodities, indices, stocks, and cryptocurrencies. XM is particularly valued for its educational resources, regular market analysis, and bonus programs that provide extra trading capital to new clients.

Pros

  • Regulated by CySEC, ASIC, and multiple top-tier authorities
  • 1,000+ trading instruments across all major asset classes
  • Both MT4 and MT5 with advanced charting tools
  • Extensive educational resources: webinars, tutorials, analysis
  • No re-quotes policy and negative balance protection
  • Welcome bonus and deposit bonuses for new clients

Cons

  • Spreads on some instruments are wider than specialist brokers
  • Inactivity fee charged after 90 days of no trading
  • Withdrawal processing can take 2-5 business days

User Reviews

4.6/5(7,230)
Paul M.
Paul M.VerifiedLong-term User
Feb 2026

XM has been my forex broker for 4 years and the experience is consistently excellent. Multi-regulation gives confidence, the MT5 platform is smooth, and the market analysis content is genuinely valuable. Best regulated broker I've used.

Ingrid S.
Ingrid S.Verified
Jan 2026

Exceptional broker especially for traders in emerging markets. The educational webinars are among the best in the industry. MT4/MT5 support, no re-quotes, and negative balance protection give me full confidence.

Felix B.
Felix B.Verified
Dec 2025

Very solid regulated broker. Spreads are competitive on the Zero account and execution quality is excellent. The bonus program added $500 to my initial deposit which was a nice boost. Minor note: Zero account requires a $100 minimum.

About These Reviews

Reviews marked "Verified" come from authenticated users who have used the platform. Data is aggregated from multiple sources for comprehensive coverage.

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Quick Info

Company

XM Group (Trading Point Holdings Ltd)

Category

Regulated Forex & CFD Broker

Rating

4.6/5.0 (7,230 reviews)

Users

10M+

Trading involves risk. Only trade with capital you can afford to lose.

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