XM (XMTrading) Review 2026 — Key Facts, Bonus and Conditions
XM is an international forex and CFD broker brand operating since 2009. The XMTrading brand serves clients through Tradexfin Limited, regulated by the Financial Services Authority (FSA) of Seychelles, and Fintrade Limited, regulated by the Financial Services Commission (FSC) of Mauritius. It is one of the most widely used brokers among retail traders in Asia.
You will be taken to the official XM website. Trading involves a significant risk of loss.
Key Facts
| Minimum deposit | $5 |
|---|---|
| Deposit bonus | 100% deposit bonus — see conditions below |
| Maximum leverage | Up to 1:1000 (depends on account equity and instrument) |
| Platforms | MetaTrader 4, MetaTrader 5, XM mobile app |
| Swap-free | Yes — Islamic (swap-free) account available |
| Instruments | 55+ currency pairs, gold and silver, stock indices, energies |
| Regulation | Tradexfin Ltd — FSA Seychelles / Fintrade Ltd — FSC Mauritius |
100% Deposit Bonus
XM currently runs a 100% deposit bonus: when you fund your account, XM adds bonus trading credit equal to the amount you deposit, up to a maximum set by the promotion. In effect it doubles the trading capital you start with.
The most important conditions:
- The bonus is credited on qualifying deposits, up to a maximum amount set by the promotion.
- Identity verification (KYC) must be completed.
- New accounts opened through partner links are also eligible.
- The bonus itself is trading credit and cannot be withdrawn directly. Profits made using the bonus are subject to XM's withdrawal terms.
This is a time-limited promotion; bonus terms, the maximum amount and availability change over time and can vary by country. Always confirm the current terms on the official XM website before depositing.
Trading Platforms
XM supports MetaTrader 4 and MetaTrader 5 on Windows, macOS, Android and iOS, plus its own XM mobile app. All account management — deposits, withdrawals and bonus claims — can be done from a phone, which matters for the many traders in Asia who trade primarily on mobile.
Swap-Free (Islamic) Account
XM offers an Islamic account option with no overnight swap charges, designed for traders who cannot pay or receive interest for religious reasons. Read more in our guide: What is a Swap-Free Account?
Regulation and Company Background
The XMTrading brand operates under Tradexfin Limited (licensed by the FSA of Seychelles) and Fintrade Limited (licensed by the FSC of Mauritius). These are offshore licenses: they permit high leverage and flexible account terms, but provide less investor protection than licenses in jurisdictions such as the UK or the EU. You should factor this into your decision and only deposit funds you can afford to lose.
How to Open an Account
- Click the button below and complete the registration form on the official XM website.
- Upload your identity documents and complete verification.
- To receive the 100% deposit bonus, opt in and fund your account according to the current promotion terms shown in your member area.
Comparing brokers? Read our Exness review or go back to the XM vs Exness comparison.