Is XM.com Reliable?

Based on the search results and my comprehensive understanding of XM.com, I believe that XM.com is a trustworthy forex broker, mainly for the following reasons:

Is XM.com Reliable?

Solid Guarantee from Multiple Regulatory Licenses

As an internationally renowned forex broker, XM.com Group has obtained regulatory licenses from multiple major regulatory authorities in various countries and regions, providing a solid institutional guarantee for its compliant operations and the safety of client funds.

Firstly, XM is licensed by the International Financial Services Commission (IFSC) in Belize, with license number IFSC/60/354/TS/19. The Belize IFSC imposes strict requirements on licensed brokers in terms of capital, risk control, and auditing.

Secondly, XM has obtained a license from the Cyprus Securities and Exchange Commission (CySEC) in Europe, with license number 120/10. As a regulatory body of an EU member state, CySEC strictly adheres to the EU's MiFID directive, with clear regulations on client fund segregation.

Furthermore, XM has also been licensed by the Australian Securities and Investments Commission (ASIC), with license number 443670. ASIC is globally recognized as one of the strictest forex regulatory authorities, with stringent compliance requirements for brokers.

In addition to these three major regulatory authorities, XM is also supervised by more than 10 other national and regional regulatory bodies, such as the FCA in the UK and BaFin in Germany, forming a multi-layered regulatory compliance structure.

These regulatory authorities impose strict requirements on XM, such as capital adequacy, client fund segregation, and anti-money laundering obligations, providing a solid institutional guarantee for XM's compliant operations and the safety of client funds.

Outstanding Trade Execution Capabilities

Trade execution capability is a crucial indicator for assessing the reliability of a forex broker. According to XM's official data, its order execution rate per second reaches 99.35%, and it promises no requotes and no rejected orders, providing clients with a fair and reliable trading experience.

This outstanding performance is attributed to XM's advanced trading systems, intelligent trade routing technology, and liquidity partnerships with global banks and institutions. XM employs industry-leading trading systems, combined with its self-developed intelligent trade routing technology, enabling rapid and precise routing of orders to the most optimal liquidity providers, ensuring efficient order execution. Additionally, XM has established liquidity partnerships with multiple leading global banks and institutions, ensuring ample trading liquidity.

Moreover, XM has implemented strict internal and external auditing mechanisms, continuously monitoring its trading systems and liquidity providers in real-time. Any abnormalities will trigger immediate measures, maximizing the fairness and transparency of trading.

Comprehensive Client Services and Trading Experience

In addition to compliance and trade execution capabilities, XM also excels in client services and trading experience.

XM provides 24-hour multilingual professional customer support services, enabling clients to quickly resolve issues. Furthermore, XM offers clients a wide range of trading products, mainstream trading platforms, and technical analysis tools, providing a comprehensive trading experience.

XM supports mainstream trading platforms such as MT4 and MT5, with comprehensive features, while also offering convenient web-based trading terminals like WebTrader to cater to different client groups. In terms of trading products, XM offers a diverse selection of over 80 currency pairs, CFDs, and more.

Overall, XM's outstanding performance in compliance, trade execution capabilities, client services, and trading experience collectively contribute to its reputation as a trustworthy forex broker.

Conclusion

Considering XM.com multiple regulatory licenses, outstanding trade execution capabilities, comprehensive client services, and other factors, I believe that XM.com is a trustworthy forex broker. However, no broker can be 100% perfect, and traders should still consider evaluations from other channels when making their choice. FxGecko will continue to monitor the dynamics of XM.com and provide users with the latest risk assessment references.