XM Review 2026
The full XM write-up for Netherlands traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Netherlands
| Regulator | CySEC CySEC, Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 120/10 |
| Regulated Entity | Trading Point of Financial Instruments Ltd |
| Max Leverage (Forex) | 1:30 |
| Max Leverage (Crypto) | 1:2 |
| 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 |
| Verify on CySEC register → | 120/10 |
Verdict
Cooks under CySEC (licence 120/10). Cover charge $5. In Netherlands, forex leverage is capped at 1:30.
About XM
XM opened its doors in 2009 out of a kitchen in Limassol, Cyprus. Its menu runs to 1,400 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Trading Point of Financial Instruments Ltd under CySEC.
In Netherlands, XM serves as Trading Point of Financial Instruments Ltd, cleared by CySEC under licence number 120/10. Under CySEC house rules, Netherlands traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- CySEC regulated, licence 120/10
- 1,400+ instruments to trade
- Negative balance protection in Netherlands
- Platforms: MT4, MT5, XM App
- Founded in 2009 (17 years operating)
- Licences in 4 jurisdictions
Cons
- Inactivity fee: USD15/month after 3 months
- 75.21% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Key Facts, 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?
Yes. XM is authorised by CySEC, issued to the entity Trading Point of Financial Instruments Ltd, an authorisation you can look up for yourself on the official CySEC public register.
What is the minimum deposit for XM in Netherlands?
The cover charge is $5, the smallest amount Netherlands traders need to open a live account with XM under CySEC rules.
What leverage does XM offer in Netherlands?
In Netherlands, CySEC rules cap XM at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is XM safe to trade with?
The kitchen passes inspection: XM cooks under CySEC. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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