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Market Explain

XM

XM Global Limited

Official site
1strength
Record signature · outer ring 5/25 fields verified · inner ring licences by tier
Licence strength
1pts · formula ↓
Verified licences
1
Regulators
FSC-BZ
Founded
Pending verification
Record coverage
20%
MEBIS score
Not yet rated
Not yet rated

Data coverage 40% of weight. Scores need ≥60% coverage. Advertising never affects this score. Methodology

  • Regulation 25%40
  • Transparency 15%20
  • Trading conditions 15%No data yet
  • Withdrawal reliability 15%No data yet
  • Execution quality 10%No data yet
  • Customer experience 10%No data yet
  • Technology 5%No data yet
  • Complaint handling 5%No data yet

Field verification

  • Legal nameBroker claimchecked 2 Nov 2026
  • Parent companyPending verification
  • FoundedPending verification
  • HeadquartersPending verification
  • WebsiteBroker claimchecked 2 Nov 2026
  • PlatformsPending verification
  • Account typesPending verification
  • Minimum depositPending verification
  • Maximum leveragePending verification
  • InstrumentsPending verification
  • SpreadsPending verification
  • CommissionsPending verification
  • SwapsPending verification
  • Deposits & withdrawalsPending verification
  • SupportPending verification
  • Swap-freePending verification
  • ExecutionPending verification
  • RestrictionsBroker claimchecked 2 Nov 2026
  • Client moneyPending verification

01 / The record

The record. 5 of 25 fields sourced.

Each cell is one tracked field. Lit cells carry a verified source; grey cells are pending verification. Coverage is not a score.

Licence

  • VerifiedLicence number

Identity

  • VerifiedName
  • VerifiedLegal name
  • PendingParent
  • PendingFounded
  • PendingHeadquarters
  • PendingListing
  • VerifiedWebsite

Trading

  • PendingPlatforms
  • PendingAccount types
  • PendingMin deposit
  • PendingMax leverage
  • PendingInstruments
  • PendingSpreads
  • PendingCommissions
  • PendingSwaps
  • PendingFunding

Conduct

  • PendingSupport
  • PendingSwap-free
  • PendingExecution
  • PendingLiquidity providers
  • VerifiedRestrictions
  • PendingAccepted countries
  • PendingEducation
  • PendingClient money

02 / Licences

Licences. One number on file.

Copied from the linked page, with the entity that holds each one. A pending pass means the regulator was named without a number we could copy.

03 / Licence strength

Licence strength. Every term shown.

A transparent count of the regulators behind this record and the licences read on a register. It is not a safety rating, and a missing score is never a zero.

Licence strength

1points

FSC-BZ 1 = 1

FSC-BZ +1

All 38 scored records

Higher than 0 of 38 scored records. 4 records have no score yet (pending, not zero).

Formula · every term
RegulatorTierLicencesWherePoints
FSC-BZFinancial Services Commission, BelizeT31Belize+1
Register checks0Licence numbers read on the regulator’s own register+0
Licence strength1
Each distinct regulator with a verified, numbered licence counts once: Tier 1 · major onshore = 3, Tier 2 · mid-tier = 2, Tier 3 · offshore = 1, not in our reference set = 1. Plus 1 per licence read on the regulator’s register. Pending licences add nothing. This is a count of what is on file, not a safety rating. Tiers are Market Explain’s editorial grouping, explained on the methodology page.

04 / Protection by entity

Protection by entity. Rule beside statement.

For each licensed entity: the regulator's own retail rules, what the broker publishes for that entity, and links to check the register yourself.

  • T3FSC-BZ· Belize

    XM Global Limited

    No. 8557558

    Verified

    Retail leverage cap

    Pending verification

    Negative balance

    Pending verification

    Compensation

    Pending verification

    Broker-published leverage for this entity

    Pending verification

    Verify it yourself Register Licence source

Regulator rules are quoted from official pages in our reference set (checked 2 Nov 2026); broker statements are the broker’s own and often apply to one entity or website only. Which entity holds your account is named in your client agreement.

05 / Accounts and costs

Accounts and costs. Pending.

Account terms as the broker publishes them, the EUR/USD floor where the text allows a computation, leverage per entity, fees and payment rails.

Account types · pendingCompare cost floors →

Pending verification. No account rows on file yet.

Floor = advertised EUR/USD spread × USD 10 per pip + commission for both sides, per 100,000 EUR lot. Advertised “from” or average spreads are the broker’s own figures, not measured spreads; real costs are higher when spreads widen.

Leverage by entity · broker-published maximums

Pending verification

Log scale shared by every record, up to the highest ratio published on file (1:10,000). Higher leverage means larger possible losses; retail caps onshore are usually far lower.

Fees and payment rails

Inactivity fee
Pending verification
Deposit fees
Pending verification
Withdrawal fees
Pending verification
Base currencies
Pending verification
Deposit methods
Pending verification
Withdrawal methods
Pending verification
Support channels
Pending verification
Support languages
Pending verification

06 / Corporate family

Corporate family.

Who sits behind the brand: the parent when a source names it, and each licensed entity with its licences and offices.

Parent

Pending verification

Brand

XM

1 entity · 1 licences

Entities are grouped by the legal name printed on each licence source. A parent is shown only when a page we opened names it. ✓ = licence number read on the regulator’s own register.

07 / Figures on file

Figures on file.

These charts read the same sourced sentences as the fields below. A gap is unverified. It is not a zero and it is not a rating.

  • Deposit

    Pending verification

  • Commission

    Pending verification

  • Instruments

    Pending verification

Licence numbers on fileCount of licence numbers with a source. Zero means none were copied, not that the firm is unlicensed.

All 42 brokers plotted. Showing top 8.

Markets named in verified textA fixed word list applied to the instruments field. Pending text is left off.

This broker: pending verification.12 of 42 brokers have no verified value and are left off. Showing top 8.

Minimum depositPlotted only when the sourced sentence states a number or says there is no minimum.

This broker: pending verification.13 of 42 brokers have no verified value and are left off. Showing top 8.

Advertised commissionA currency amount copied from a verified commissions field. An advertisement, not a measured cost.

This broker: pending verification.28 of 42 brokers have no verified value and are left off. Showing top 8.

08 / Conditions

Conditions. Field by field.

Identity, trading and conduct. Each field shows its source, the kind of source and the day it was checked.

Identity

Legal name

Verified

XM Global Limited

XM regulation page · Broker disclosure · Checked 2 Nov 2026

Parent

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Founded

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Headquarters

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Listing

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Website

Verified

https://www.xm.com/

XM regulation page · Broker disclosure · Checked 2 Nov 2026

Trading

Platforms

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Account types

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Minimum deposit

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Maximum leverage

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Instruments

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Spreads

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Commissions

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Swaps

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Deposits and withdrawals

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Conduct and access

Support

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Swap-free or Islamic

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Execution

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Liquidity providers

Pending verification

Checked 2 Nov 2026. No figure is published.Not available.

Restrictions

Verified

The regulation page says XM Global does not serve citizens of the USA, Canada, Israel and Iran, or other sanctioned countries.

XM regulation page · Broker disclosure · Checked 2 Nov 2026

Accepted countries

Pending verification

Checked 2 Nov 2026. No figure is published.Not confirmed from an official source in this pass. Left blank on purpose.

Client money

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

Education and tools

Pending verification

Checked 2 Nov 2026. No figure is published.xm.com returned 403 to curl on every page tried (home, regulation, accounts, leverage, sitemap, regional paths).

09 / History and offices

History and offices.

Ownership and regulatory events with the page that states them, and the offices a source names.

History

Pending verification

Offices

Pending verification

10 / Warnings, reviews, news

Warnings, reviews, news.

Regulator warning-list checks first. Reviews, complaints and news open only with evidence checks and a licensed feed; reputation is not yet rated.

Regulator warning lists

Not checked yet

No warning list has been searched for this broker yet. That is a gap in our record, not a clean result.

Clone warnings name firms impersonating a real broker; they are not a finding against the broker itself unless the notice says so.

  • Reviews

    None on file

    Opens with evidence checks (account statements, deposit proof) in a later release.

  • Complaints

    None on file

    A complaint desk with broker responses is on the roadmap.

  • News

    None on file

    Headlines will arrive from a licensed feed, with the source named on the story.

11 / Evidence ledger

Evidence ledger. 1 pages opened.

Every field on this record with its status, the page it came from, the kind of source and the day it was checked. Filter it, or follow the source graph.

Ledger · 5 of 36 rows verified
FieldValueChecked
NameIdentityXMXM regulation page 2 Nov 2026
Legal nameIdentityXM Global LimitedXM regulation page 2 Nov 2026
ParentIdentityPending2 Nov 2026
FoundedIdentityPending2 Nov 2026
HeadquartersIdentityPending2 Nov 2026
ListingIdentityPending2 Nov 2026
WebsiteIdentityhttps://www.xm.com/XM regulation page 2 Nov 2026
PlatformsTradingPending2 Nov 2026
Account typesTradingPending2 Nov 2026
Min depositTradingPending2 Nov 2026
Max leverageTradingPending2 Nov 2026
InstrumentsTradingPending2 Nov 2026
SpreadsTradingPending2 Nov 2026
CommissionsTradingPending2 Nov 2026
SwapsTradingPending2 Nov 2026
FundingTradingPending2 Nov 2026
SupportConductPending2 Nov 2026
Swap-freeConductPending2 Nov 2026
ExecutionConductPending2 Nov 2026
Liquidity providersConductPending2 Nov 2026
RestrictionsConductThe regulation page says XM Global does not serve citizens of the USA, Canada, Israel and Iran, or other sanctioned countries.XM regulation page 2 Nov 2026
Accepted countriesConductPending2 Nov 2026
EducationConductPending2 Nov 2026
Client moneyConductPending2 Nov 2026
Inactivity feeProtection & moneyPending2 Nov 2026
Withdrawal feesProtection & moneyPending—
Deposit feesProtection & moneyPending—
Negative balance protectionProtection & moneyPending—
SegregationProtection & moneyPending—
Compensation schemeProtection & moneyPending—
Base currenciesProtection & moneyPending—
Deposit methodsProtection & moneyPending—
Withdrawal methodsProtection & moneyPending—
Support channelsProtection & moneyPending—
Support languagesProtection & moneyPending—
FSC-BZ licence · XM Global LimitedLicencesNo. 8557558 · BelizeXM regulation page (base record; not re-fetched, site returned 403) 2 Nov 2026

Source graph · 1 pages

Each bar is one page we opened; its length is how many published facts on this record it supports.