XM Group

CySECCySECASICASICIFSCIFSC

CySEC + ASIC regulated broker popular with bonus-seeking beginners.

Overview

CySEC + ASIC regulated broker popular with bonus-seeking beginners.

Trust Score
4.4
Trader reviews
1,892
Regulation
Regulated (Tier-1)
Main regulators
CySECASICIFSC
Main strengths
Main risks
✓ No major risk themes reported

✨ AI summary

Based on 1,892 verified reviews, updated daily

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Rating breakdown

Topics extracted from 1,892 reviews

Withdrawal speed
4.0
Platform quality
4.2
Customer support
3.8
Pricing & spreads
4.1

Regulation

Regulators

CySEC

CySEC

CySEC regulates investment services in Cyprus and is widely seen as the gateway to the EU under MiFID II passporting. Many large retail brokers hold a CySEC license plus one or more "passported" authorisations across EEA.

Investor protection
€20,000Up to €20,000 per eligible claimant via the Investor Compensation Fund (ICF).
ASIC

ASIC

ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator. Australian regulation requires client money to be kept in segregated trust accounts at AA-rated banks.

Investor protection
No statutory investor protection
IFSC

IFSC

The IFSC in Belize is a light-touch regulator. It licenses FX brokers but with limited oversight, no capital adequacy checks comparable to FCA/ASIC, and no investor compensation scheme.

Investor protection
No statutory investor protection

Trading conditions

Trading conditions

Min deposit
USD 5
Spreads from
0.6 pips
Max leverage
1:888
Platforms
MT4 · MT5
Headquarters
Limassol, Cyprus
Founded
2009

Payments

Payment methods

Promotions

Active offers and promotions from XM Group

Welcome bonus

$5 minimum deposit

Open an account with as little as $5. Bank transfer, card, and e-wallet accepted.

Multi-regulated

Regulated by 3 authorities

Client funds segregated at top-rated banks. Compensation scheme eligibility depends on your jurisdiction.

Platform

MT5 desktop + mobile

Full EA support, depth-of-market, 30+ indicators. Available on Windows, macOS, iOS, Android.

VIPOngoing

Loyalty cashback up to $5/lot

Active traders get volume rebates paid weekly. Tiers reset monthly based on traded lots.

Trader reviews

From 1,892 verified traders

Write a review
T
Tran B.
Vietnam Vietnam · 3 days ago · ✓ Verified
★★★★

Good for beginners, attractive bonus and stable spreads.

👍 15 helpful