XM Reviews 1,317

•
TrustScore 3.5 out of 5

3.4

Companies on Trustpilot can’t offer incentives or pay to hide any reviews.

See what reviewers are saying

Rated 5 out of 5 stars

xm good job with educaiton in mgeneral, learning is key for me to being profitable in the long run.
support team work well too. I had somew problems with deposits and trading platforms so they were
really useful and their advice helped me to fix everything.
Nothing bad to say about withdrawals either. Timely and relatively easy

Rated 1 out of 5 stars

They took my profit away in seconds , today i tried to withdraw $140 but they said that i broke some section B.6 even tho it was not intentionally done and if that was the case why didn’t they ban me before only when i tried to withdraw with all the profits, this profit took so much hard work and they just took it away , guys i will not recommend you using this broker it has disappoint me alot

Rated 1 out of 5 stars

Please check this email minhkhanh17472 I tried to withdraw my 308 USD (including deposit and interest) from XM to my wallet but was refused many times and asked me to provide some nonsense to get my information to sell. I received many scam calls that even knew my information but while I have never revealed my information and I will not provide any of my personal information. I decided to give up that 308 USD, I came here to warn everyone about the floor's tricks.

Rated 1 out of 5 stars

Where disappointed experience I deposit amount at 5 March 2025 and today is 7th day still I not received my amount in trading account

Whenever I go to support they just say do email and wait you
case been escalated this type of sh*t

Support team also not answering properly just give generated messages and also my personal account manager also not replying


Company details

  1. Finance Broker
  2. Currency Exchange Service
  3. Investment Service
  4. Non-Bank Financial Service
  5. Stock Broker

About XM

Written by the company

Our values

Having clients from over 190 countries all over the world, we proudly consider ourselves to be amongst the best globally known brokers in the trading industry. Since our motto is BIG, FAIR, HUMAN, we believe that focusing on our clients is what differentiates us from the other competitors. Our clients always come first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support. We were founded on these values, and that will not change.

Customer Experience team

Our awarded Customer Experience team, established by well-trained, human-focused officers is available to assist our clients 24 hours a day.

Easy and Convenient

Our systems are built and updated in such a way that we offer our clients the best available trading experience. Between the several platforms offered and the new all-in-one XM App, our customers can easily trade on the go whilst having the ability to manage their accounts at the same time.

About us

Established in 2010, the XM Group is a trusted global broker with clients in almost every country of the world. The four entities of the Group are each regulated by established and well-known regulators and they all adhere to enhanced regulatory standards.

Our wide range of CFD trading instruments offers to our clients the power to choose easily and efficiently between stocks, forex, precious metals and several other asset classes. Our clients also enjoy trading from a single multi asset platform with some of the most competitive spreads and with our no rejection of orders and no re-quotes execution policy.

Please visit our official website to check the percentage of retail investor accounts losing money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Contact info

  • 12, Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042, Limassol, Cyprus

  • support@xm.com
  • xm.com

3.4

Average

TrustScore 3.5 out of 5

1K reviews

5-star
4-star
3-star
2-star
1-star

Replied to 96% of negative reviews

Typically replies within 1 week


Rated 5 out of 5 stars
Verified

xm good job with educaiton in mgeneral

xm good job with educaiton in mgeneral, learning is key for me to being profitable in the long run.
support team work well too. I had somew problems with deposits and trading platforms so they were really useful and their advice helped me to fix everything.
Nothing bad to say about withdrawals either. Timely and relatively easy

Date of experience: 14 March 2025

Rated 1 out of 5 stars

XM SCAM

Please check this email minhkhanh17472 I tried to withdraw my 308 USD (including deposit and interest) from XM to my wallet but was refused many times and asked me to provide some nonsense to get my information to sell. I received many scam calls that even knew my information but while I have never revealed my information and I will not provide any of my personal information. I decided to give up that 308 USD, I came here to warn everyone about the floor's tricks.

Date of experience: 14 March 2025

Rated 1 out of 5 stars

They took my profits

They took my profit away in seconds , today i tried to withdraw $140 but they said that i broke some section B.6 even tho it was not intentionally done and if that was the case why didn’t they ban me before only when i tried to withdraw with all the profits, this profit took so much hard work and they just took it away , guys i will not recommend you using this broker it has disappoint me alot

Date of experience: 13 March 2025

XM logo

Reply from XM

Dear Zain,

We’re sorry to hear about your experience. XM operates under strict regulatory guidelines, and all trading activities must comply with our terms and conditions. If you believe there was a misunderstanding regarding your account, we’d be happy to investigate further.

Please respond to our "Find Reviewer" request on Trustpilot with your account details so our team can review your case thoroughly. We appreciate your patience and look forward to assisting you.

XM Team 🚀
BIG. FAIR. HUMAN.
--------------------
Dear Zain,

Please note that with the information you shared, we're currently investigating your case. A member of our team will be in contact with you as soon as the investigation is completed.

Thank you for your patience.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 1 out of 5 stars

15€ withdraw fee

Date of experience: 12 March 2025

XM logo

Reply from XM

Dear Fred,

Withdrawal fees may vary depending on the payment method used. Some third-party providers may apply processing fees beyond our control. If you need further clarification regarding your specific withdrawal method, please feel free to reach out to our Customer Experience team either via email at support@xm.com or through our Live Chat.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars

Fast withdrawals🔥💯First experiencing ,I…

Fast withdrawals🔥💯First experiencing ,I used to wait days but with XM it was Less than 10 minutes and boom🥺��🥺����it reflected on bank Account 😂😂😂

Date of experience: 13 March 2025

XM logo

Reply from XM

Hello Bhudda-P,

Less than 10 minutes—now that's smooth! 💙 Wishing you even more success in your trading journey with us! 💪🤖

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 1 out of 5 stars

Dear XM Team,

Dear XM Team,

I am writing to provide feedback on my recent experience with XM regarding my account issues and the handling of my sister's account as well.

I understand and respect your company’s Terms and Conditions, and I sincerely appreciate the clarity provided. However, there have been several points that remain unclear and have caused significant frustration:

Third-Party Deposits: It was confusing to us that the deposit was accepted in the first place, given that third-party transactions are prohibited. If the system allows such deposits to go through, we believe it should also allow withdrawals of any profits generated. It would have been helpful to receive clearer communication on this matter before making the deposit.

Lack of Clear Communication: At no point were we informed that the use of the same bank card across multiple accounts would lead to such a situation. We were under the assumption that using the same bank card on multiple platforms, as we have done in the past without issue, would not be a problem with XM.

Request for Account Reconsideration: While we understand the need to follow your policies, we kindly ask for reconsideration of the decision to block the accounts. We would greatly appreciate the release of the profits made, as this situation was the result of a misunderstanding on our part. Moving forward, we will ensure to follow all terms and avoid similar issues.

In conclusion, while we are disappointed by the current outcome, we hope that XM can take into consideration the circumstances and re-open both of our accounts. We have always believed in the credibility of your platform and would like to continue using your services, recommending XM to others in our network.

Thank you for your time, and I look forward to your response.

Kind regards,
[Faisal Gaean Mitha & Salma Gaean Mitha ]
[Account Number: 98964157]
[Account Number: 351076601

Date of experience: 07 March 2025

XM logo

Reply from XM

Dear salma,

Please note that with the information you shared, we're currently investigating your case. A member of our team will be in contact with you as soon as the investigation is completed.

Thank you for your patience.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 1 out of 5 stars

SCAM ALERT – XM Removes Profits AFTER Letting Me Trade!

I’m beyond disappointed with XM Forex! I had an account with them a while ago and initially faced an issue with the $50 welcome bonus because I opened my account on my fiancée’s phone. They removed the bonus, but I accepted it and moved on. That’s NOT the real problem here.

After that incident, I contacted XM customer service and explicitly asked if I could continue trading with my account and use deposit bonuses. They confirmed that I could trade as long as I used one device at a time. Trusting their word, I deposited $122 and traded successfully, growing my balance to $520.

But the moment I tried to withdraw my profits, XM rejected my request, removed my profits, and sent me a shocking email! Their excuse? They claimed my account was somehow linked to another account that had leverage restrictions. WHY was I never informed about this earlier? Why did they allow me to deposit money and trade if there was an issue?

Their email states:
"We have decided to nullify all trades, cancel all profits, and close your accounts."

So let me get this straight—XM happily takes my deposits, allows me to trade, but when I make a profit, they erase my earnings and ban me?! This is nothing short of fraud and a blatant scam! If I had lost my trades, would they have refunded me? Of course not!

They never gave me a single warning saying I couldn’t trade. They never stopped me from depositing. But once I was profitable, they suddenly found an excuse to wipe my profits.

XM Forex is not trustworthy. They manipulate traders, let them deposit freely, and only take action when you make money.

To anyone considering XM, STAY AWAY! They can remove your profits anytime under vague "terms and conditions." I demand that my profits be reinstated, or I will escalate this matter further.

XM, do the right thing and fix this NOW! 🚨👎

Date of experience: 12 March 2025

XM logo

Reply from XM

Dear shaf,

We’re sorry to hear about your experience and understand your frustration. At XM, we operate under strict regulatory guidelines and adhere to our terms and conditions to ensure a fair trading environment for all clients.

Account-related restrictions, including issues related to bonuses and linked accounts, are always handled in accordance with our policies. However, we want to investigate your case further to ensure clarity and transparency.

Please respond to the "Find Reviewer" request we sent on Trustpilot and provide your account details so we can review this matter thoroughly. We appreciate your patience and look forward to assisting you.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 1 out of 5 stars

this broker is a scam if you make money…

this broker is a scam if you make money trading their platform they will not pay you do not invest your money with them scam big scam if you lose money they are ok but it you make money they will block your account no reason know to them Big scam

Date of experience: 12 March 2025

XM logo

Reply from XM

Dear bizzay,

We’re sorry to hear about your experience. XM is a regulated broker committed to fair trading practices and transparent transactions.

We would like to investigate your case further—please respond to our "Find Reviewer" request on Trustpilot and provide your account details so we can review your situation thoroughly. Our team is here to assist you.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 2 out of 5 stars

I placed 3 withdrawals on Sunday and…

I placed 3 withdrawals on Sunday and Monday. Normally my withdrawals are paid by the next day. I haven't received any funds from the 3 withdrawals I placed as yet I get the normal response that it can take up to 5 days. They say processed on the app but who knows what happens in the background. I rely on my funds rotating to trade and for my expenses. This puts me in a frustrating position. Send me the proof of payment then I will believe that it is actually done.

Date of experience: 12 March 2025

XM logo

Reply from XM

Dear shaung,

Please note that with the information you shared, we're currently investigating your case. A member of our team will be in contact with you as soon as the investigation is completed.

Thank you for your patience.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 1 out of 5 stars

Where disappointed experience I deposit…

Where disappointed experience I deposit amount at 5 March 2025 and today is 7th day still I not received my amount in trading account

Whenever I go to support they just say do email and wait you case been escalated this type of sh*t

Support team also not answering properly just give generated messages and also my personal account manager also not replying

Date of experience: 05 March 2025

XM logo

Reply from XM

Dear bhargav,

We are sorry to see that your experience with us was less than 5 stars. We would like to investigate further and thank you for sharing the required information for us to check your case on our records. A member of our team will be in contact with you as soon as the investigation is completed.

Thank you for your patience.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

I did only one deposit and many…

I did only one deposit and many withdrawals. the process is easy and intuitive

Date of experience: 11 March 2025

XM logo

Reply from XM

Dear Kai Lin,

Great to hear that your withdrawals have been smooth and hassle-free! 😊 We’re glad you find the process easy and intuitive. Wishing you continued success in your trading!

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

Strongly recommend Xm crypto…

Strongly recommend Xm crypto withdrawals. ONe of the moxy comfortable payment options there is. Speedy and secure as well.
Especially when using the TRC network which is also very cheap for transactions.

Date of experience: 11 March 2025

XM logo

Reply from XM

Dear Melvin,

Thanks for sharing your experience! 😊 Wishing you smooth transactions and successful trading!

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 1 out of 5 stars

Only Broker with 43% 1 star rating

Only Broker with 43% 1 star rating
today i deposited $200 and opened 2 lots of usdjpy and made profit of $477.45 profit and made a withdrawal request of $500 and after an hour my account is banned and they withdraw my profit this is that type of broker who wants traders should be made loss

Date of experience: 11 March 2025

XM logo

Reply from XM

Dear Shuaib Siddiqui,

We are very sorry to hear about your experience, and we take your concerns seriously. XM is committed to providing a secure and reliable trading platform, and we do not engage in practices that would prevent our clients from accessing their funds or profits. We would like to investigate your case further.

Please reply to the "Find Reviewer" request we made on Trustpilot and provide your account details so that we can look into this matter and offer a resolution. Thank you for your understanding and patience.

XM Team 🚀
BIG. FAIR. HUMAN.
--------------------
Dear Shuaib Siddiqui,

Please note that with the information you shared, we're currently investigating your case. A member of our team will be in contact with you as soon as the investigation is completed.

Thank you for your patience.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

XM has a good withdrawal process

XM has a good withdrawal process, and funds comes to my account in time, always. Many options for withdrawals too

Date of experience: 18 January 2025

XM logo

Reply from XM

Hello Ronaldo,

Thank you for the great review! 😊 We’re thrilled to hear that our withdrawal process has been smooth and timely for you. With multiple options available, we aim to make accessing your funds as easy as possible. Happy trading! 🚀

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

The platform is very regulated and…

The platform is very regulated and secured to trade on. The security is good and it gives me peace of mind most especially with the 2 factor authentication. The broker also has all the necessary licenses which i really care about
My withdrawals have been successful with little resolvable issues

Date of experience: 10 March 2025

XM logo

Reply from XM

Dear Suresh,

Thank you for your thoughtful feedback! 😊 We're glad to hear that our security measures, including 2-factor authentication, give you peace of mind. It's also great to know that your withdrawals have been smooth. At XM, we prioritize both security and reliability for our clients. Happy trading with us! 💪🤖

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

The customer service here is fantastic…

The customer service here is fantastic and I must say it’s very nice to have good support, safe and fast withdrawals and a broker that put clients first.

Date of experience: 10 March 2025

XM logo

Reply from XM

Hello Marco,

Thank you for your kind words! 😊 Providing top-notch support and a secure trading experience is our priority. 😉 We're glad you appreciate our fast withdrawals and client-first approach.

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

The customer service here is fantastic…

The customer service here is fantastic and I must say it’s very nice to have good withdrawal options. it means the clients satisfaction is hteir priority

Date of experience: 10 March 2025

XM logo

Reply from XM

Dear Farhan,

Thank you for your great feedback! 😊 We’re committed to providing excellent support and smooth withdrawals because client satisfaction is always our top priority.💪🤖 Happy trading with us!

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

XM offers quick withdrawals and…

XM offers quick withdrawals and easy-to-use payment system, or dashboard.

Date of experience: 10 March 2025

XM logo

Reply from XM

Dear Emre,

Thank you for the positive feedback! 😊 We strive to make your trading experience as seamless as possible. Happy trading with us!

XM Team 🚀
BIG. FAIR. HUMAN.

Rated 5 out of 5 stars
Verified

Traded for some time

Traded for some time, withdrew part of the profits, works fine

Date of experience: 10 March 2025

XM logo

Reply from XM

Hi Karim,

Thanks for sharing your experience! 😊 We’re happy to hear that everything’s working well for you, from trading to withdrawals. 👌 Wishing you continued success with your trades!

XM Team 🚀
BIG. FAIR. HUMAN.

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look