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XM

Broker
4.340 Reviews
Tier-1ASICCySECFSCDFSA

XM — regulated broker.

USER SCORE
4.3/5
Rated Great
by 40 Traders
15 of 40 verified
Headquarters
Australia
Founded
2010
Min deposit
$5
Instruments
1000+
Platforms
MT4 · MT5
Visit Website
USER SCORE
4.3/5
Rated Great
by 40 Traders
15 of 40 verified
Read Our Expert Editorial Review
Independently assessed and fact-checked by the MTR team — separate from user ratings.
9.1/10
EXPERT SCORE
AI Review Summary

Across 40 trader reviews, XM holds 4.3 out of 5, rated great overall, with 15 reviews backed by verified proof. Reviewers most consistently highlight a solid platform and execution, fast, reliable payouts, and responsive customer support. A number of traders specifically mention the 10x Quest.

Rating Breakdown

Tap a row to filter
5 63% · 25
4 25% · 10
3 8% · 3
2 5% · 2
1 0% · 0
Reviews you can trust
Only signed-in, real traders can post
Fake, paid or incentivised reviews aren’t allowed
Reviews are moderated against our guidelines
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User Reviews · 40

SI
SINTAYEHU
Excellent1 week ago

SINTAYEHU

The platform does the job and withdrawals work, though support can be slow to respond during busy periods.

Jana Şimşek🇩🇪 DE
Average3 months ago

Bien, pero mejorable

Cumple su función. El soporte podría responder algo más rápido en horas de mucha actividad.

AS
Andreas Silva🇩🇪 DE
Great1 month ago

Retiros rápidos

Condiciones justas, reglas claras y cada retiro se procesó puntualmente y sin ningún problema.

AO
Amara Okeke🇳🇬 NG
Excellent4 months ago

Snelle uitbetalingen

Ik handel hier al maanden, de uitvoering is betrouwbaar en de kosten zijn eerlijk en transparant.

VH
Viktor Horvat🇭🇷 HR
Excellent1 month ago

Echt een aanrader

De uitbetalingen kwamen binnen een of twee dagen en de support reageerde snel en vriendelijk.

NM
Niklas Marković🇩🇪 DE
Excellent4 months ago

Tout est fluide

L’ouverture du compte a été simple, la vérification a pris quelques minutes et la plateforme est stable.

RP
Ravi Patel🇮🇳 IN
Excellent1 month ago

Bardzo zadowolony

Handluje tutaj od miesiecy, realizacja jest niezawodna, a oplaty sa uczciwe i przejrzyste.

LS
Layla Steiner🇩🇪 DE Verified
Excellent3 months ago

Ótima plataforma e suporte

Condições justas, regras claras e cada saque foi processado no prazo e sem nenhum problema.

LF
Lucia Fernández🇨🇱 CL
Great3 months ago

Been with them for years

Customer service is responsive and the platform rarely lags even when the markets are moving quickly.

SJ
Sven Johansson🇸🇪 SE
Great2 months ago

Smooth experience overall

Good for scalping and day trading, the execution speed is solid and I rarely see requotes even around news.

FZ
Fatima Zahra🇲🇦 MA Verified
Average4 months ago

Decent but room to improve

The platform does the job and withdrawals work, though support can be slow to respond during busy periods.

TN
Tomasz Nowak🇵🇱 PL Verified
Great1 month ago

Funding and withdrawals are easy

Spreads on the majors are consistently tight and execution has been fast with no slippage during normal sessions.

OB
Oliver Brandt🇩🇪 DE
Great4 months ago

Smooth experience overall

Support answered all my questions clearly and the deposit and withdrawal process is straightforward and fast.

DS
Diego Santos🇵🇹 PT
Excellent2 months ago

Fast payouts, no games

Spreads on the majors are consistently tight and execution has been fast with no slippage during normal sessions.

RS
Rahul Sharma🇮🇳 IN
Excellent5 months ago

Been with them for years

Withdrawals are processed within a day or two and I have never had an issue getting my funds back to my bank.

AS
Anika Sharma🇮🇳 IN Verified
Excellent1 month ago

Trustworthy and well regulated

Support answered all my questions clearly and the deposit and withdrawal process is straightforward and fast.

VF
Valentina Flores🇵🇪 PE Verified
Excellent2 months ago

Clean, no hidden fees

Support answered all my questions clearly and the deposit and withdrawal process is straightforward and fast.

YA
Youssef El Amrani🇲🇦 MA Verified
Excellent2 months ago

Reliable withdrawals every time

I have been trading here for over a year and the experience has been smooth, fills are quick and fees are fair.

LO
Lucas Oliveira🇧🇷 BR
Excellent2 months ago

Execution is genuinely fast

Spreads on the majors are consistently tight and execution has been fast with no slippage during normal sessions.

BO
Brian Otieno🇰🇪 KE
Great2 months ago

Professional and transparent

Regulation is solid which gives me peace of mind, and the fee structure is transparent with no surprises.

JT
Jack Thompson🇦🇺 AU Verified
Excellent3 months ago

Funding and withdrawals are easy

Withdrawals are processed within a day or two and I have never had an issue getting my funds back to my bank.

BM
Benjamin Munoz🇨🇱 CL
Excellent3 months ago

Trustworthy and well regulated

Good for scalping and day trading, the execution speed is solid and I rarely see requotes even around news.

MS
Maria Santos🇵🇭 PH
Excellent4 months ago

Clean, no hidden fees

Good for scalping and day trading, the execution speed is solid and I rarely see requotes even around news.

DV
Daan de Vries🇳🇱 NL
Excellent4 months ago

Reliable withdrawals every time

The platform is stable, the MT5 integration works perfectly and customer support replies within a few hours.

AB
Aisyah Binti🇲🇾 MY
Excellent5 months ago

Clean, no hidden fees

The platform is stable, the MT5 integration works perfectly and customer support replies within a few hours.

FA
Funke Adeyemi🇳🇬 NG Verified
Excellent5 months ago

Execution is genuinely fast

I have been trading here for over a year and the experience has been smooth, fills are quick and fees are fair.

MC
Mariana Costa🇧🇷 BR
Excellent5 months ago

Clean, no hidden fees

Their charting tools and order execution are reliable, and I appreciate that withdrawals are never delayed.

AT
Aiko Tanaka🇯🇵 JP
Poor5 months ago

Withdrawal took longer than expected

Spreads widen a lot during high-impact news which has caught me out a couple of times, otherwise it is usable.

DM
Declan Murphy🇮🇪 IE Verified
Excellent1 month ago

Fast withdrawals, a broker I trust

Been with XM for over a year trading FX majors and gold. Withdrawals clear in under 24 hours every single time and the spreads on majors stay tight even at the London open.

SN
Sophie Nguyen🇦🇺 AU Verified
Excellent1 month ago

Risk tools saved me on the news spike

The risk-management tools at XM genuinely helped me through a volatile news release without the usual slippage damage. The platform has been rock solid on both desktop and mobile.

TH
Tom Hargreaves🇬🇧 GB
Great1 month ago

Solid broker, demo could be better

Execution on XM is reliable and I have had zero requotes in six months of scalping. Knocking off a star because the mobile app can lag a little during high-volatility windows.

NK
Naledi Khumalo🇿🇦 ZA
Poor1 month ago

Verification took way too long

The trading conditions at XM are fine, but onboarding was painful, it took well over a week and several document re-uploads to get verified. A rough first impression overall.

MB
Marcus Bauer🇨🇦 CA Verified
Excellent1 month ago

Great for moving from demo to live

Started on the XM demo, moved to a small live account, and the education actually taught me real risk management. Spreads widened a touch at rollover but nothing unexpected.

LV
Lukas Vogel🇩🇪 DE
Great2 months ago

Dependable execution on indices

I mostly trade indices on XM and execution has been dependable throughout. Overnight financing on multi-day positions adds up, but withdrawals have always arrived on time.

AW
Aroha Williams🇳🇿 NZ Verified
Excellent2 months ago

Reliable, regulated, no surprises

Strong regulation is exactly why I signed up with XM and they have lived up to it. No games with my funds, the charts run clean, and spreads are competitive on FX majors.

WT
Wei Lin Tan🇸🇬 SG
Average2 months ago

Average support, excellent platform

Platform quality at XM is excellent and I love the integrated charting. Support is hit or miss depending on the time of day, but the tools are good enough to keep me around.

CM
Carlos Mendes🇵🇹 PT Verified
Excellent2 months ago

Tight spreads and quick payouts

XM has been excellent for active trading. Spreads on majors stay competitive even at the New York overlap, and my withdrawals cleared within a single business day every time.

HS
Hannah Schmidt🇩🇪 DE Verified
Great3 months ago

Stable platform, great support

Switched to XM after a frustrating run elsewhere and have not looked back. The platform is stable across devices and support answered a funding question of mine within minutes.

PN
Priya Nair🇮🇳 IN
Great3 months ago

Solid all-rounder, minor gripes

XM does the fundamentals well, clean charts, fair pricing, and no surprises with withdrawals. Dropping a star only because the app can stutter during the biggest news events.

AS
Andre Silva🇧🇷 BR Verified
Excellent4 months ago

Smooth funding from day one

Funding and withdrawals on XM have been smooth from day one, and the spreads on majors are genuinely competitive. Verification was quick and the support team clearly knew their stuff.

Reviews you can trust
Only signed-in, real traders can post
Fake, paid or incentivised reviews aren’t allowed
Reviews are moderated against our guidelines
Own this company? Claim it