United States
United Kingdom
Germany
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XM review
2 licensed entities · xm.com
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Coinish Score
59/100
Forex in Finland
Editor Rating
3.4/5
Forex in Germany
Main cost
Not verified yet
In short
- Licensed by CySEC and FSC Belize.
- 2 licensed companies, so the one you sign up with depends on where you live.
- Offers forex, CFDs, with 1,000+ instruments.
- Trade on MetaTrader 4 and MetaTrader 5.
- Offers a demo account.
- Support by live chat.
What it costs
| EUR/USD all-in cost | Not verified yet |
|---|---|
| Inactivity fee | Not verified yet |
| Withdrawal fee | None |
| Minimum deposit | $5 (Trading Point of Financial Instruments Ltd) |
How we rated it · Forex in Germany (Trading Point of Financial Instruments Ltd)
Computed from verified facts only, with published thresholds. 100% of the rating weight is backed by data. Method →
- Regulation & safety 25%2.0
- Trading costs 25%5.0
- Markets & products 15%3.0
- Platforms & tools 10%3.0
- Deposits & withdrawals 10%4.8
- Account options 5%3.0
- Support 10%3.0
49
Moderate
Market Signal
✓ Real dataComputed from Ahrefs + Semrush data about XM’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →
Market strength
52
Where it stands today
Momentum
38 Cooling ↓
Where it’s heading
Data confidence
Limited
How much to trust it
- Traffic strength56
- Search visibility30
- Authority66
- Brand & market presence63
Tick mark = category average.
Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.
Who holds your account
The company you sign up with depends on where you live. Its regulator decides your protections.
| Entity | Regulator | Licence | Serves | CFD loss % |
|---|---|---|---|---|
| Trading Point of Financial Instruments Ltd | CySEC Tier 2 | 120/10 | EEA (EU passport) stated by the broker | 75.12% Oct 6, 2026 |
| XM Global Limited | FSC Belize Tier 3 (offshore) | 8557558 | Rest of world named on the regional site | – |
Platforms, funding and support
| Products | Forex, CFDs |
|---|---|
| Owner | Trading Point Holdings Ltd |
| Instruments | 1,000+ |
| Platforms | MetaTrader 4, MetaTrader 5 |
| Deposit methods | Not verified yet |
| Withdrawal time (stated) | processed within 24 hours (1 business day) once verified |
| Demo account | Yes |
| Support | live chat · 24/7 |
XM ratings by country (22)
We rate XM separately on each of the 22 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.
| Country | Product | Entity | Access | Rating |
|---|---|---|---|---|
| Germany | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Germany | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Netherlands | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Netherlands | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Italy | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Italy | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Spain | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Spain | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Austria | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Austria | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Croatia | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Croatia | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Sweden | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Sweden | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Portugal | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Portugal | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Denmark | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Denmark | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Finland | Forex | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Finland | CFDs | Trading Point of Financial Instruments Ltd | EU passport | 3.4/5 |
| Cyprus | Forex | Trading Point of Financial Instruments Ltd | Locally licensed | 3.4/5 |
| Cyprus | CFDs | Trading Point of Financial Instruments Ltd | Locally licensed | 3.4/5 |
Compare XM
How XM stacks up against the brokers people most often weigh it against.
Ready to look at XM? Check which company would serve you before you open an account.
Visit XMSources (18)
Licence / entity · broker's own site · archived copy of xm.com · Sep 29, 2026
“Trading Point of Financial Instruments Ltd is licensed by CySEC under license number 120/10.”
Licence / entity · broker's own site · archived copy of xm.com · Oct 2, 2026
“Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA).”
Licence / entity · broker's own site · xm.com · Oct 6, 2026
“XM Global Limited is regulated by the Financial Services Commission (FSC) of Belize under the Securities Industry Act 2021 (license number 8557558).”
Licence / entity · broker's own site · archived copy of xm.com · Oct 2, 2026
“All accounts offer negative balance protection , hedging and Islamic option as standard.”
Licence / entity · broker's own site · archived copy of xm.com · Oct 2, 2026
“75.12% of retail investor accounts lose money when trading CFDs with this provider”
Licence / entity · broker's own site · archived copy of xm.com · Oct 2, 2026
“Minimum Deposit $5 Get Started Show More”
Accounts · broker's own site · archived copy of xm.com · Oct 2, 2026
“Use your Demo Account and test your trading strategies risk-free with virtual funds”
Accounts · broker's own site · archived copy of xm.com · Oct 2, 2026
“All accounts offer negative balance protection , hedging and Islamic option as standard.”
Support · broker's own site · xm.com · Oct 6, 2026
“Whenever you need us we're just a few seconds away, 24/7, in extensive language options.”
Licence / entity · regulator register · cysec.gov.cy · Oct 6, 2026
“CySEC register of Cypriot investment firms: Trading Point Of Financial Instruments Ltd, Licence Number 120/10”
Markets · broker's own site · archived copy of xm.com · Oct 7, 2024
“Over 1000 Instruments, including Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.”
Support · broker's own site · archived copy of xm.com · Oct 7, 2024
“XM Live Chat”
Platforms · broker's own site · xm.com · Oct 6, 2026
“PLATFORMS MT4 Platform MT5 Platform”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“Trading Point Holdings Ltd”
apps · broker's own site · play.google.com · Oct 14, 2026
“Trading Point Group”
Costs · broker's own site · xm.com · Oct 6, 2026
“Instant Withdrawals Get your funds easily and pay no fees.”
Owner · broker's own site · xm.com · Oct 15, 2026
“XM is part of Trading Point Holdings Ltd and operates several entities”
Funding · broker's own site · xm.com · Oct 15, 2026
“XM processes withdrawal requests within 24 hours (1 business day), once account verification is completed”