XM Group Review (2026)

XM is known for low minimum deposits and mainstream platforms (MT4/MT5). Always verify the exact regulated entity for your country and compare total trading costs.

Quick verdict

Best for beginners who want a simple onboarding flow and standard accounts—after confirming spreads/fees and withdrawal conditions for your region.

★★★★★ 4.8/5 (example score)

Fees & spreads

Compare spreads on your main pairs and check if commissions apply for any raw/zero accounts. Include swaps if you hold overnight.

Regulation & safety

XM operates under different entities. Verify the exact license and protections for your region on the regulator’s official register.

Platforms

MT4/MT5 availability is common. Confirm execution quality during your trading hours and the order types you need.

LATAM availability & payments

For Latin America, the regulated entity, supported funding currencies, and withdrawal rails can differ by country. Before you deposit, verify the entity for your country and do a small withdrawal test.

  • Confirm the entity and license for your country (protections vary).
  • Check if you can fund/withdraw in your preferred currency (MXN/COP/BRL often convert to USD/EUR).
  • Test one small withdrawal early and record processing time.
LATAM checklist → Mexico → Colombia →

What we check (E-E-A-T)

Our reviews are based on regulation status, fees, spreads, trading platforms, and publicly available broker disclosures. We aim to keep comparisons unbiased and update pages when conditions change.

Compare brokers → Exness vs XM →

FAQ

  • Is XM Group regulated?
    XM operates under regulatory oversight in multiple jurisdictions. Protection depends on the entity under which you’re registered.
  • Is XM safe for beginners?
    XM can be beginner-friendly due to a low minimum deposit and mainstream platforms, but you should start with a demo and a small deposit.
  • What fees does XM charge?
    Trading costs are mainly spreads and, on some account types, commissions. Always check the full fee schedule and swaps if you hold overnight.
  • Does XM support LATAM deposits and withdrawals?
    Availability and methods vary by country and entity. Check your account portal for supported rails and do a small withdrawal test before depositing more.