A fair question to ask before depositing money with any broker. XM has been operating since 2009 and serves traders in more than 190 countries — but longevity alone isn't proof of anything. Here's what's actually worth checking.
What Makes a Broker Worth Trusting
Layered Regulation
XM operates under licenses from several leading global financial regulators, depending on the entity and region serving you. Check XM's official "Regulation" page for the specific entity details before signing up.
Segregated Funds
Client funds are held in accounts separate from the company's own operating funds at tier-1 banks, so they're never mixed with company cash.
Negative Balance Protection
You can never lose more than the funds you've deposited, even during extreme market moves.
Long Track Record
Operating since 2009 and serving millions of traders across 190+ countries — a fairly long operating history for a retail forex broker.
Countries XM Doesn't Serve
XM doesn't accept clients from the United States, Canada, Israel, and Iran, along with several other sanctioned countries. If you're based in one of these, you'll need a broker that specifically serves your region.
How to Verify It Yourself
- Check XM's official "Regulation" or "Legal Documents" page to see which entity and license number applies to your region
- Search that entity's name on the relevant regulator's website to confirm the license is still active
- Read the Client Agreement and Risk Disclosure before depositing — not just clicking "agree"
- Never transfer funds to any individual's personal account claiming to be an "XM agent" — legitimate transactions go through the payment system in your Members Area only