XM review 2026: a $5 entry point, and two very different sets of protections
XM makes it cheap to start and offers MT4, MT5 and its own app. Which XM company you sign up with decides your leverage, your bonuses and your safety net.
A forex and CFD broker operated by the Trading Point group, with regulated entities in the UK, Cyprus, Australia and Dubai and an offshore entity in Belize.
- Type
- Retail Broker
- Ownership
- Trading Point Holdings Ltd
Regulated entities
| Entity | Regulator | Jurisdiction | Licence |
|---|---|---|---|
| Trading Point of Financial Instruments UK Ltd | FCA | United Kingdom | FRN 705428 |
| Trading Point of Financial Instruments Ltd | CySEC | Cyprus | Licence 120/10 |
| Trading Point of Financial Instruments Pty Ltd | ASIC | Australia | AFSL 443670 |
| Trading Point MENA Limited | DFSA | DIFC, Dubai | F003484 |
| XM Global Limited | FSC Belize | Belize | Securities service provider licence |
As disclosed by the firm; last checked 2 October 2026 (see sources). Licences were independently verified in audit TBR-A-2026-001.
Sources
Our review
Press releases from XM
Press releases issued by XM, published as issued. Not written or checked by our newsroom.