XM Review 2026
Full XM review for Georgia traders — regulation, spreads, fees and our honest verdict.
Regulation in Georgia
| Regulator | IFSC — International Financial Services Commission (IFSC) |
| Licence Number | 000261/158 |
| Regulated Entity | XM Global Ltd |
| Max Leverage (Forex) | 1:1000 |
| Max Leverage (Crypto) | 1:10 |
| Minimum Deposit | $5 |
| EUR/USD Spread | From 0.6 pips |
| Instruments | 1,400+ |
| Platforms | MT4, MT5, XM App |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD15/month after 3 months |
Verdict
Regulated by IFSC (licence 000261/158). Minimum deposit $5. In Georgia: maximum forex leverage 1:1000.
About XM
XM was founded in 2009 and is headquartered in Limassol, Cyprus. The broker offers 1,400 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by XM Global Ltd under IFSC.
In Georgia, XM operates as XM Global Ltd, authorised by IFSC under licence number 000261/158. Georgia traders are subject to a maximum leverage of 1:1000 on forex pairs under IFSC rules.
Trading Platforms
Pros
- IFSC regulated — licence 000261/158
- 1,400+ instruments to trade
- Negative balance protection in Georgia
- Platforms: MT4, MT5, XM App
Cons
- Inactivity fee: USD15/month after 3 months
- 75.21% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Key Facts About XM
- Offers 10 account types including Ultra-Low and Shares accounts
- One of the few brokers providing genuine $30 no-deposit bonus to new accounts
- Forex competitions run monthly with cash prize pools over $500,000
Known Limitations
- CySEC entity serves EU clients with 1:30 max leverage; high leverage only available via offshore entity
- Customer support quality reported inconsistent across regions
- No Shares CFDs in all jurisdictions
Frequently Asked Questions
Is XM regulated?
XM holds IFSC licence 000261/158, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official IFSC public register.
What is the minimum deposit for XM in Georgia?
The minimum deposit is $5. This is the amount required to open a live trading account for traders in Georgia under IFSC regulation.
What leverage does XM offer in Georgia?
In Georgia, XM offers maximum forex leverage of 1:1000 under IFSC rules. Higher leverage may be available through offshore-regulated entities.
Is XM safe to trade with?
XM is regulated by IFSC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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