Licensed Brokers

XM Global License Review 2026

CySEC
DFSA
FSCA
FSC Belize
FSA Seychelles
CMA Kenya

XM is a multi-entity forex and CFD broker with low minimum deposit, Islamic accounts and coverage across CySEC, DFSA, FSCA, FSC, FSA and CMA entities.

Reviewed by Marcus Reed Senior Markets & Regulation Analyst

Open Account Licenses and Legal Entities

Licenses and Legal Entities

Match the legal entity and license number below against the account agreement before you deposit.

CySEC Verify License

Legal Entity: Trading Point of Financial Instruments Ltd
License No.: 120/10
Serves: EU / EEA

DFSA Verify License

Legal Entity: Trading Point MENA Limited
License No.: F003484
Serves: DIFC / Middle East

FSCA Verify License

Legal Entity: XM ZA (Pty) Ltd
License No.: 49976
Serves: South Africa

FSC Belize Verify License

Legal Entity: XM Global Limited
License No.: 000261/4
Serves: Global / International

FSA Seychelles Verify License

Legal Entity: Tradexfin Limited
License No.: SD010
Serves: Global / International

CMA Kenya Verify License

Legal Entity: XM Kenya Limited
License No.: 233
Serves: East Africa

Broker overview

Trading platforms

MetaTrader 4, MetaTrader 5 and XM mobile trading apps.

Investor protection

CySEC clients may access ICF compensation up to EUR 20,000. DFSA, FSCA, FSC, FSA and CMA entities provide regional oversight with different protection levels.

Regional coverage

Strong global coverage across Europe, MENA, Africa and international markets. Always match the XM entity in your client agreement with the regulator listed here.

Key features

$5 minimum deposit for small account starts
MT4/MT5 access with micro and standard lot options
Islamic account availability in supported regions
Broad regulator footprint across multiple regions

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