XM

Regulation

The group holds licences from seven regulators. Clients from Kazakhstan are served by XM Global Limited under licence FSC Belize 8557558 (Securities Industry Act 2021) via the localised portal my.xmkzsite.net.

Platforms and instruments

Around 1,000 instruments are available.

Account types

• Standard: spreads from 1.6 pips, no commission, lot size 100,000, min trade volume 0.01 lots, multiple base currency options
• Micro: spreads from 1.6 pips, no commission, lot size 1,000, min trade volume 0.1 lots, multiple base currency options
• Ultra Low Standard: spreads from 0.8 pips, no commission, lot size 100,000, min trade volume 0.01 lots, multiple base currency options
• Ultra Low Micro: spreads from 0.8 pips, no commission, lot size 1,000, min trade volume 0.1 lots, multiple base currency options
• Shares: spread per underlying exchange, commission applies, USD base currency only, min trade volume 1 lot

Minimum deposit starts from $5 for retail accounts; Shares accounts require at least $10,000 because of the 1:1 leverage requirement. Conditions per specific instrument are shown in the Personal Area when opening a new account.

Leverage on the FSC Belize entity:

Swap-free mode is available.

Payments for clients from Kazakhstan

Kaspi and direct tenge transfers are not offered to KZ clients as payment methods. XM charges no fees on deposits or withdrawals. Withdrawals are routed back via the same method used for the deposit; processing times and limits per method are listed in the Personal Area.

Localisation

The website, Personal Area, education, analytics and news are available in Russian. Legal documents are English-only. Support runs in several languages, including Russian.

Bonuses and programs

• $30 no-deposit bonus: for new clients, must be claimed within 30 days of registration
• 50% deposit bonus: on the first deposit, up to $500
• 20% deposit bonus: on subsequent deposits, up to $4,500
• XM Loyalty Program: Bronze, Silver, Gold and Diamond tiers; XMC token accrual redeemable for rewards in the Marketplace
• Copy Trading: in-house copy-trading service, copying trades from signal providers via the XM app
• Trader contests: regular demo contests and paid tournaments with prize pools; the actual entry fee and pool are listed on each tournament card
• Trading Central: integrated analytics
• Free VPS: subject to trading volume requirements

Public sources

No regulatory fines against XM have been recorded.