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Regulated

XM

Australia · TRADING.COM MARKETS UK LIMITED
Tier-1 regulated Australia 15-20 years Forex, CFD Main market: IN
0.0/ 10
Trust score

Good

Solid, well-regulated profile suitable for most traders.

Industry average 3.3 / 10
User reviews
License status
Tier-1
Operating since
2009
Platforms
MT4, 5, XM App
Min. deposit
$5
Max. leverage
Account types
Website status
Unknown

XM Review — Overview

Updated 25 Jun 2026
Regulation
Tier-1 regulated
Licence
ASIC • CYSEC
Licence status
Regulated
Platforms
MT4, 5, XM App
Min. deposit
$5
Instruments
Forex and CFDs
Typical spread
From 0.8 pips
Operating
Est. 2009
Main market
IN
Entity
TRADING.COM MARKETS UK LIMITED
Website
Unknown

XM is a forex & CFD broker based in Australia, established in 2009. On Trust Broker Hub it holds a Trust Score of 8.6 out of 10, which we rate as Good — above the industry average of 3.3/10. Solid, well-regulated profile suitable for most traders.

Crucially, XM is regulated by ASIC, CYSEC, DFSA and FSC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.

XM provides access to forex and CFDs. Published conditions include a minimum deposit of $5. No complaints are currently on record. Overall, XM looks like a credible option — but always verify the licence yourself and start with a small amount.

Trust score breakdown

How is this calculated?
Regulation tier & jurisdiction8.8 / 10
Transparency public disclosure3.8 / 10
Footprint track record10.0 / 10
Reviews no reviews yet5.0 / 10
Complaint record no complaints on record10.0 / 10

Trust Score history

XM currently scores 8.6/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • Regulated by a tier-1 authority
  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • Always verify the licence directly before depositing

Regulation

4 licences
Australia flag
ASIC — Australia
TRADING.COM MARKETS UK LIMITED
Regulated
Tier 1 · Top
Verified
Cyprus flag
CYSEC — Cyprus
TRADING.COM MARKETS UK LIMITED
Licence
Tier 2 · Mid
Verified
United Arab Emirates flag
DFSA — United Arab Emirates
TRADING.COM MARKETS UK LIMITED
Licence
Tier 2 · Mid
Verified
United Kingdom flag
FSC — United Kingdom
TRADING.COM MARKETS UK LIMITED
Licence
Tier 3 · Offshore
Verified

Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.

Trading conditions

Self-reported
InstrumentsNot disclosed
Minimum deposit$5
Maximum leverageNot disclosed
Typical spreadFrom 0.8 pips
PlatformsMT4, 5, XM App
Demo account✅ (30 days)

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on XM

Editorial · updated 25 Jun 2026
Our analysis · editorial 8.6/10

Established and well-regulated

XM holds a tier-1 regulatory licence among its 4 registrations (ASIC, CYSEC, DFSA, FSC). Based in Australia, it has been operating for about 17 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.6/10 — a strong, low-risk profile.

Strengths
  • Authorised by a tier-1 regulator (ASIC, CYSEC, DFSA, FSC)
  • Holds 4 regulatory licences across multiple jurisdictions
  • Long 17-year operating track record
  • No complaints on record with us
  • Supports MT4 & 5 trading
  • Accessible minimum deposit ($5)
Watch-outs
  • Always confirm the licensed entity covers traders in your country
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

0 reviews

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XM — Questions & Answers

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag XM here if that changes.

Full specifications

Regulated region
Australia
Operating period
15-20 years
Main market
IN
License status
Regulated
Year founded
2009

Frequently asked

Is XM a safe broker?
XM scores 8.6 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the XM trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from XM?
XM publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.