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Costs, platforms and protection first

XM

Cyprus · Trading Point of Financial Instruments Limited

Costs
Zero: USD7 round trip per USD100,000 traded. EUR/USD minimum spreads: Ultra Low 0.8, Zero 0.
Platforms
Lists MT4 and MT5.
Client protection
Account overview states negative balance protection.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Cyprus entity / EEA scope. Cost disclosure linked from the current legal list; effective date not stated. USD notional, not a flat fee per lot. Holding charges may debit or credit. After at least 90 inactive days, monthly dormant fee USD10, capped at free balance. Minimum spreads retain the 29 September account-page check.

Cyprus Costs and Associated Charges — section 3.1.3, page 3 ↗ · 2026-09-30Cyprus legal documents — current Costs and Charges link ↗ · 2026-09-30Cyprus account overview — EUR/USD minimum spreads ↗ · 2026-09-29
PlatformsPlatforms navigation ↗ · 2026-09-29
Client protectionAccount types — protection statement ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

XM

  • Active coverage
Brand overview and official site

XM operates through 3 legal entities recorded in the current FXVeritas research file across Belize, Cyprus, and Australia.

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Visit official website
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

Accounts and trading conditions

Advertised figures only. Observed spreads were not measured. Marketing ECN/STP is not treated as the legal model.

  • xm.com register page prints a 74.3% retail CFD lose-money warning. That figure is not treated as a CySEC warning for Belize clients.
  • Observed spreads: not collected.
  • Brand-wide leverage is not stored. Entity client agreements remain separate evidence from the CySEC licence identity checked on 2026-09-30. The Belize FSC register remains unverified.

No account-type table was isolated.

  • MetaTrader 4
  • MetaTrader 5

Execution and conflicts

Legal documents first. Advertised ECN, STP, or NDD is not certified unless a legal policy confirms it.

Advertised model
Not recorded
Legal model
Not recorded
Principal or agent
Not recorded
Venues
Not recorded
Liquidity-provider disclosure
Not recorded

Funding and withdrawal

Only methods and rules isolated on opened official pages.

Methods
Not recorded

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    XM · Trading Point of Financial Instruments Limited · costs source check

    Primary source ↗Open research file →

  2. · Source check

    XM · Trading Point of Financial Instruments Limited · platforms source check

    Primary source ↗Open research file →
View full research history →