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Broker profile

XM

XM Review: Is It Legit and Regulated?

Trading Point of Financial Instruments Ltd

CY Operating period unverified
AKA XM.com

FindMyFX score

critical risk

2.9/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
xm.com
Address
12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus
Contact
Not verified
Primary license
CySEC · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is XM legit and regulated?

FindMyFX has license records for XM, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Cyprus investment firm offering forex and CFD trading under the XM brand.

Professional broker overview

FindMyFX editorial summary

XM is operated in Cyprus by Trading Point of Financial Instruments Limited, company number HE251334. Official pages identify CySEC licence 120/10 and FCA registration 538324 and state that XM acts as market maker. This review did not import complete account-level pricing.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The FCA number shown by XM is described as a UK registration reference rather than a separate UK operating entity; FindMyFX should confirm its current status in the FCA register.

Operational status
active
Broker type
market_maker
Execution model
Market maker quoting bid and ask prices on online trading platforms.
Support hours
Not verified

Documented advantages

  • The official help centre states the execution model and primary CySEC licence.

Documented limitations

  • Current jurisdiction-specific leverage and typical spreads were not imported.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Trading Point of Financial Instruments Ltd

Primary
CY HE251334

Markets and instruments

CFDs

unverified

Forex

unverified

Licenses and regulators

CySEC

120/10

unverified

Last verified: Not shown

Type: Cyprus investment firm
Client class: retail
Compensation: Investor Compensation Fund
Segregated funds: Unknown
Negative balance protection: Unknown

FCA

538324

unverified

Last verified: Not shown

Type: EEA or overseas registration reference
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Score components

Regulation and licenses

5.0/10 · 35%

Official entity or licence data was found, but live-register review may still be incomplete.

Security and track record

0.0/10 · 20%

No complete independent enforcement-history review was imported.

Trading conditions

2.5/10 · 15%

Official product or platform data was found; account-level costs remain incomplete.

Company transparency

7.5/10 · 10%

Official pages identify the operating company or related entities.

Service quality

0.0/10 · 10%

No verified service-quality dataset was imported.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was imported.

Profile update history

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.