XM Review: Licences, Withdrawals, Islamic Terms
Verified facts
| Founded | 2009 |
| Minimum deposit | $5 |
| EUR/USD spread from | "spreads as low as zero" (Zero Account); EURUSD-specific from-figure not published on public pages |
| Platforms | MetaTrader 4, MetaTrader 5, XM App |
| Withdrawal methods | Credit/debit cards, Electronic payment methods (e-wallets), Bank wire transfer, Local bank transfer |
| Crypto deposits/withdrawals | No |
Withdrawal speed: claim vs. measured
| Broker-published claim | Measured by us |
|---|---|
| Withdrawal requests are processed instantly by our Artificial Intelligence Back Office System, based on algorithmic parameters. You'll receive your money immediately, or on the same day your request is executed. Withdrawals via bank wire, credit or debit card usually take 2-5 business days to reach your account. [Source] | Testing in progress |
Islamic account: published terms vs. audit
| Availability | Broker-published claim | Measured by us |
|---|---|---|
| Yes | Not published | Testing in progress |
Maximum leverage by entity
| Regulation | Leverage | Source |
|---|---|---|
| CySEC (Cyprus) Trading Point of Financial Instruments Ltd | Up to 30:1, depending on instrument | Source |
| FSC Belize XM Global Limited | Flexible leverage up to 1000:1 | Source |
Gulf funding and account currency
| mada | Not published |
| KNET | Not published |
| UAE local bank | Not published |
| AED account | Not published |
XM publishes no public funding-methods page — deposit and withdrawal options sit behind the Members Area login, so no Gulf rail can be confirmed either way. Minimum deposit is $5.
Scalping, Expert Advisors and hedging
| For Scalping | Not published |
| Expert Advisors | Not published |
| Hedging | Yes |
Regulation and license numbers
| Regulation | License no. | Official register |
|---|---|---|
| CySEC (Cyprus Securities and Exchange Commission) (Cyprus / EEA) | 120/10 | Source |
| FSC (Financial Services Commission) (Belize) | not printed on public register (XM Global Limited listed as Active, categories: Trading in Securities as Principal; Arranging transactions in Securities, registration period 2026) | Source |
| DFSA (Dubai Financial Services Authority) (UAE (DIFC)) | F003484 | Source |