Company overview
- Legal entity
- XM Global Limited
- Head office country
- Belize
- Official website
- www.xm.com
Regulation and licences
| Regulator | Regulator name | Licence holder | Status | Tier | Maximum leverage | Source |
|---|---|---|---|---|---|---|
| FSC (Financial Services Commission), Belize | XM Global Limited | Active | Offshore | 1000:1 | — |
Accounts and trading costs
- Minimum deposit
- 5 USD
- Deposit note
- $5 on Standard and Ultra Low. $10,000 on the Shares account. If you deposit in another currency, the equivalent applies.
- Spread type
- Variable
- EUR/USD spread
- 1.1 pips average (Ultra Low), 2.0 pips average (Standard)
- Commission
- none
- Execution model
- Market maker / dealing desk
- Minimum trade size
- Standard: 0.01 lots (1,000 units), max 50 lots, step 0.01. Micro: 0.1 lots (100 units), max 100 lots, step 0.01.
Account types
| Account | Minimum deposit | Spread from | Commission | Maximum leverage | Margin call / stop out |
|---|---|---|---|---|---|
| Standard | $5 | EURUSD 1.6, USDJPY 2, Gold 4 pips | None | 1:1000 | / 20% |
| Ultra Low | $5 | EURUSD 0.8, USDJPY 0.8, Gold 2 pips | 0 | 1:1000 | / 20% |
| Shares | $10,000 | Not published | Applies - check site | 1:1 |
Published spreads
| Account | Currency pair | Low | Average | Maximum leverage |
|---|---|---|---|---|
| Standard | USDJPY | 2.0 | 2.5 | 1000 |
| Standard | EURUSD | 1.6 | 2.0 | 1000 |
| Standard | AUDUSD | 2.3 | 2.4 | 1000 |
| Standard | GBPJPY | 3.1 | 3.8 | 1000 |
| Standard | GBPUSD | 2.2 | 2.4 | 1000 |
| Standard | EURJPY | 2.1 | 3.2 | 1000 |
| Standard | EURGBP | 1.8 | 2.4 | 1000 |
| Standard | USDCHF | 2.4 | 2.6 | 400 |
| Standard | NZDUSD | 2.8 | 2.9 | 1000 |
| Standard | EURCHF | 3.1 | 3.3 | 400 |
Other fees
| Fee | Amount | Note |
|---|---|---|
| Inactivity fee | $10 per month | After 90 days with no trading, deposit, withdrawal, internal transfer or account opening. If the available balance is under $10 the whole balance is taken instead. Nothing is charged on a zero balance. Any remaining bonus, promotional credit or XMC is removed when the account goes dormant. |
| Deposit fee | 0 | "No, we don't charge any fees on deposits or withdrawals." |
| Withdrawal fee | 0 | XM covers the bank's fees on international wires only for transactions of $200 or more. Below $200 the bank's own charges are not covered. XM states this is subject to change at any time. |
| Currency conversion | none | Deposits are converted automatically into the account base currency. Rates are applied either by XM or by the payment processor; XM says card conversions are "out of our hands". The rate is shown before you confirm. |
| Swap / overnight | Charged on spot forex, none on futures | "No overnight charges when trading futures contracts." Spot forex carries rollover, tripled on Wednesdays for the weekend value date. Swap-free applies per account type and through the Islamic option. |
Platforms, markets and features
Trading platforms
- MetaTrader 4
- MetaTrader 5
Markets
- Forex
- Commodities
- Indices
- Shares
- ETFs
- Crypto
Tools and features
- Copy trading
- Expert Advisors allowed
- Scalping allowed
- Hedging allowed
Mobile apps
- iOS
- Android
Education
- Articles and guides
Platform names: XM MT4, XM MT5, MT5 WebTrader
Platform time zone: GMT+2 in winter, GMT+3 in summer
Total instruments: 1400
Trading hours: Forex Monday 00:02 to Friday 23:58 GMT+2, DST applies. Crypto 24/7. Other markets follow their own exchange hours.
Website languages: 30+
Demo account: Available — Demo account with virtual funds; no time limit stated
Swap-free / Islamic account: Available
Mobile app name: XM / MetaTrader 5
"1,400+ global assets". Account pages list forex, precious metals, equity indices, cryptocurrencies, thematic indices, stocks, turbo stocks, commodities, energies and ETF derivatives.
Funding and customer support
Funding methods
- Bank transfer
- Debit or credit card
- Local payment methods
- E Wallets
Support channels
- Live chat
- Phone
- Withdrawal time
- Same Day
- Minimum withdrawal
- $5
- Support hours
- 24/7
- Support languages
- 30+
Country availability
Countries listed as accepted
190
Restricted countries
US, Canada, Israel, Iran, and other sanctioned countries
India note: XM Global Limited is regulated in Belize, not by SEBI. Indian residents may trade currency derivatives only on recognised exchanges, so an offshore forex broker is not authorised for them. Check the RBI Alert List before publishing anything about this broker for an Indian audience.
Data checks and sources
Information is based on the records cited below and may change. Confirm the entity that serves your country, its current licence, and the broker’s latest terms before making a decision.
Record checked: Sep 26, 2026
Forex and CFD products are leveraged and carry a high risk of loss. This profile is informational and is not financial advice or a recommendation.