George Kevin L_ Garcia

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Is XM a safe broker or a scam?

XM is the trading name of Trading Point Holdings Ltd, a global financial services group founded in 2009. Its operating entities include Trading Point of Financial Instruments Ltd (Cyprus) regulated by CySEC, Trading Point of Financial Instruments Pty Ltd (Australia) regulated by ASIC, and XM Global Limited (Belize) regulated by the IFSC. The broker’s official website is https://www.xm.com . CySEC and ASIC oversight mean XM must maintain strict capital requirements, segregate client funds, and undergo audits. European clients also benefit from investor compensation schemes and negative balance protection. While the Belize IFSC license is considered lighter regulation, XM’s multi-entity approach allows it to serve clients globally while retaining regulatory coverage. Over 5 million clients worldwide use XM, which has built a reputation for user-friendly platforms, educational resources, and transparency. Independent reviews generally rate XM as trustworthy, though some traders critique its wider spreads compared to ECN-only brokers. Overall, XM is considered a safe, regulated broker, not a scam.