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Home ‣ Reviews ‣ XM Group Review 2026: Pros & Cons

XM Group Review

Name: XM Group
Brand: XM Group

Written by Steven Hatzakis
Director of Online Broker Research

Edited by John Bringans
Managing Editor

Fact-checked by Blain Reinkensmeyer
Managing Partner

May 04, 2026

Fact Checked

Steven Hatzakis
Director of Online Broker Research

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

See full bio

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

XM Group is a trusted broker that offers an outstanding selection of high-quality educational content and market research. It supports a solid MetaTrader offering and has recently expanded its platform lineup to include TradingView, enhancing its appeal to chart-focused traders.

That said, XM lags behind top-tier brokers when it comes to competitive pricing and range of markets, which may limit its appeal for more advanced or cost-sensitive traders.

Minimum Deposit: $5
Trust Score: 93
Tradeable Symbols (Total): 1429

Ratings Awards Historical Ranking

4.5

OVERALL SCORE

Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

Check out ForexBrokers.com's picks for the best forex brokers in 2026.

2026	#16
2025	#17
2024	#18
2023	#15
2022	#18
2021	#13
2020	#21
2018	#24

Why you can trust us

Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.

We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.

Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.

travel_explore Can I open an account with this broker?

Use our country selector tool to view available brokers in your country.

XM pros and cons

thumb_up_off_alt Pros

Offers 1,400+ CFDs and 55 forex pairs.
Trading Central adds depth to strong in-house research.
Features daily videos, podcasts, and multilingual live broadcasts.
Full MetaTrader suite supports copy trading and algo tools.

thumb_down_off_alt Cons

Standard account spreads are expensive.
XM Zero account is only offered in the EU and average spreads are high on the Standard account based on 2.0 pips for October 2025 on the EUR/USD pair.
Does not offer a proprietary trading platform.

Trust Score

Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.

Is XM Group safe?

Trust Score

Trading Point Group, the parent company of XM, is considered Trusted, with an overall Trust Score of 93 out of 99. Trading Point Group is not publicly traded, does not operate a bank, and is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and three Tier-4 regulator (High Risk). XM Group is authorised by the following Tier-1 regulators: Securities & Exchange Commission (CySEC), and the following via the Trading.com brand: Australian Securities & Investment Commission (ASIC), Commodity Futures Trading Commission (CFTC), and Financial Conduct Authority (FCA). Learn more about Trust Score or see where the different XM entities are regulated.

Feature	XM Group
Year Founded info	2009
Publicly Traded (Listed) info	No
Bank info	No
Tier-1 Licenses info	4
Tier-2 Licenses info	3
Tier-3 Licenses info	0
Tier-4 Licenses info	1

XM Group Star Ratings

Feature	XM Group
Overall Rating info
Trust Score info	93
Range of Investments
Trading Fees
Trading Platforms
Research
Mobile Trading
Education

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

FAQs

What is the minimum deposit on XM?

The minimum deposit to open an account on XM is only $5.

How long does it take to withdraw money from XM?

XM offers instant, or same-day, withdrawals with no fees for verified and connected accounts. Withdrawals via bank wire, credit, or debit card usually take 2-5 business days.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

Article Resources

XM Regulation, XM YouTube videos

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