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Is it safe?

Is XM safe and legit?

Short answer, from public records

XM states licences from FSCA, FSC Belize and CySEC. We matched 2 on the regulator's own register (FSCA, CySEC). There is 1 regulator warning naming the firm itself. 3 warnings list look-alike sites copying its name.

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Licences

Full broker page
  • ✓ On registerFSCA 49976XM ZA (PTY) LTD · Checked on 16 Oct 2026
  • ✓ On registerCySEC 120/10Trading Point Of Financial Instruments Ltd
  • Stated by brokerFSC Belize 8557558XM Global Limited

Regulator warnings

All warnings

1 naming the firm itself

⚠ CSA: CSA investor alert (BCSC (BC))

3 look-alike site warnings (these copy the name; they are not XM)

Real site: https://www.xm.com/

Trustpilot

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Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is XM safe?

XM states licences from FSCA, FSC Belize and CySEC. We matched 2 on the regulator's own register (FSCA, CySEC). There is 1 regulator warning naming the firm itself. 3 warnings list look-alike sites copying its name. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is XM regulated?

XM states licences from FSCA, FSC Belize, CySEC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake XM websites?

Yes. Regulators have listed 3 look-alike sites copying the name. Always type the address yourself: https://www.xm.com/

Which XM company holds the FSCA licence (South Africa)?

XM ZA (PTY) LTD, licence number 49976. We matched it on the regulator's own register. Check it yourself on the register: https://www2.fsca.co.za/Fais/Search_FSP.htm

Which XM company holds the FSC Belize licence (Belize)?

XM Global Limited, licence number 8557558. This is what the broker or a source states; we haven't matched it on the register. Check it yourself on the register: https://www.fscbelize.bz/

Which XM company holds the CySEC licence (Cyprus)?

Trading Point Of Financial Instruments Ltd, licence number 120/10. We matched it on the regulator's own register. Check it yourself on the register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/

Which regulators have warned about XM?

CSA: CSA investor alert (BCSC (BC)).

Which look-alike websites have regulators flagged for XM?

XM MARKET LIMITED (FCA), xm-signals.com (FCA), New World XM (FCA). These copy the name and are not XM. Its own site is https://www.xm.com/.

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.