Is XM Safe in 2026? ASIC, CySEC, DFSA, FSCA & FSC Entities Audited
Is XM safe in 2026? Independent audit of XM (Trading Point Group) licenses across ASIC (#443670), CySEC (#120/10), DFSA (#F003484), FSCA (#49976), and FSC Belize (#000261/27).
Reviewed by Hà Ngọc Lộc· Lead Prop Firm & Quantitative Risk Analyst
Reviewed using our forex & CFD broker review methodology
Yes — XM (Trading Point Group) is a legitimate, well-capitalized multi-asset broker founded in 2009 with over 15 million clients across 190+ countries, though your specific investor compensation and leverage ceiling depend on which XM subsidiary holds your account. Australian clients under Trading Point of Financial Instruments Pty Ltd (ASIC AFSL #443670) and European clients under Trading Point of Financial Instruments Ltd (CySEC #120/10) receive Tier-1 regulatory supervision (with up to €20,000 ICF coverage under CySEC and a 1:30 leverage cap), while Middle East and African clients are served by DFSA Dubai (#F003484), FSCA South Africa (#49976), and CMA Kenya (#233). International retail traders outside those perimeters contract with XM Global Limited (FSC Belize #000261/27), XM International MU Limited (FSC Mauritius #GB23202700), or Trading Point Seychelles (#SD190), which unlock 1:1000 dynamic leverage, the XM Ultra Low Account, and contractual Negative Balance Protection (NBP).
XM (Trading Point Group) Regulated Entities Matrix (Checked 2026-11-06)
| Legal Entity | Regulator & Jurisdiction | Licence Number | Max Retail Leverage | Client Fund Protection |
|---|---|---|---|---|
| Trading Point of Financial Instruments Pty Ltd | Australian Securities & Investments Commission (ASIC) | AFSL #443670 |
1:30 (Majors) |
Tier-1 Segregated Client Trust Accounts + NBP |
| Trading Point of Financial Instruments Ltd | Cyprus Securities and Exchange Commission (CySEC), EU | Licence #120/10 |
1:30 (Majors) |
ICF up to €20,000 + Segregated Banking + NBP |
| Trading Point MENA Limited | Dubai Financial Services Authority (DFSA), UAE | Ref #F003484 |
1:30 – 1:50 |
DIFC Segregated Client Money Rules + NBP |
| XM ZA (Pty) Ltd | Financial Sector Conduct Authority (FSCA), South Africa | FSP #49976 |
Up to 1:1000 |
Authorized Financial Services Provider + NBP |
| TPXMGLOBAL Kenya Limited | Capital Markets Authority (CMA), Kenya | Licence #233 |
Up to 1:400 |
Local Kenyan Regulatory Supervision |
| XM Global Limited | Financial Services Commission (FSC), Belize | Licence #000261/27 |
Up to 1:1000 |
Segregated Banking + NBP (No statutory fund) |
| XM International MU Limited / Seychelles | FSC Mauritius (#GB23202700) / FSA Seychelles (#SD190) |
GB23202700 / SD190 |
Up to 1:1000 |
Segregated Banking + NBP (No statutory fund) |
Interactive Entity Verifier: Tier-1 Statutory Protection vs. Tier-2 Onshore vs. Offshore Leverage
ACTIVE TIER: COMPARE ALL 3 REGULATORY PERIMETERS BEFORE FUNDING4 Core Safety Pillars Protecting Your XM Account
- Automated Negative Balance Protection (NBP): Across every Trading Point subsidiary (including offshore FSC and FSA entities), XM guarantees that you can never lose more than the cash deposited into your trading account—even during extreme weekend price gaps or NFP spikes.
- Strict No Re-Quotes & No Rejections Policy (Since 2010): XM was one of the first retail brokers to abolish dealing-desk re-quotes, executing 99.35% of all trades in under 1 second.
- 20% Stop-Out Buffer on Global Entities (50% on ASIC/CySEC): If floating losses reduce your Margin Level to 20% on global accounts, XM automatically closes positions starting with the most unprofitable trade, preserving 20% of your used margin buffer.
- Tier-1 Bank Segregation: Client deposits are segregated from Trading Point's corporate balance sheet across top-tier European and international banks.
Where Regulators Have Issued Warnings (Regional Compliance)
- India (RBI Alert List): Like Exness, Vantage, and HFM, XM is listed on the Reserve Bank of India (RBI) Alert List because offshore margin forex platforms are not licensed under India's FEMA rules.
- Malaysia & Indonesia: XM serves Southeast Asian traders through its global entities (
FSC Belize/FSC Mauritius) rather than local domestic derivatives licenses (SC Malaysia / Bappebti). Always verify your local regulatory rules before funding.
Verify Your XM Onboarding Entity & Open an Account ($5 Min) · Read our full XM 2026 Review
Official sources: XM Regulation & Licensing Disclosures (xm.com) · ASIC Connect (#443670) · CySEC Register (#120/10).
Is XM Safe in ? ASIC,: Your Questions Answered
Is XM a legitimate broker or a scam?
XM is a legitimate, globally regulated brokerage brand operated by Trading Point Holdings Ltd since 2009. It holds Tier-1 licenses from ASIC (#443670) and CySEC (#120/10), Tier-2 licenses from DFSA Dubai (#F003484), FSCA South Africa (#49976), and CMA Kenya (#233), and global licenses from FSC Belize (#000261/27) and FSC Mauritius (#GB23202700).
Are my funds insured if XM goes bankrupt?
If you are onboarded under Trading Point of Financial Instruments Ltd (CySEC #120/10) in the European Union, you are covered by the Investor Compensation Fund (ICF) up to €20,000. Clients onboarded under ASIC, DFSA, FSCA, or global FSC/FSA entities benefit from segregated client bank accounts and Negative Balance Protection, but do not have a statutory government insolvency payout fund.
Does XM guarantee Negative Balance Protection?
Yes. Every XM retail account includes automated Negative Balance Protection, ensuring that extreme market volatility can never leave your account with a negative debt balance.
Why does XM have multiple legal entities?
Global financial regulations require separate locally capitalized subsidiaries for the EU (CySEC), Australia (ASIC), Dubai (DFSA), South Africa (FSCA), and international retail markets (FSC Belize/Mauritius, FSA Seychelles) so each jurisdiction's leverage and bonus rules are respected.
Does XM accept US or Canadian residents?
No. XM does not accept retail clients residing in the United States, Canada, Israel, or sanctioned jurisdictions.
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Sources & verification
- Last checked
- Written by
- HNL Growth Team
- Reviewed by
- Hà Ngọc Lộc
- Length
- 4 min read · 898 words
Rules, prices and payout terms on this page were checked against the official websites, help-centre articles and published terms of the firms mentioned, on the date above. Prop firms and brokers change conditions often — confirm the current version on the official site before you buy or deposit. Read our broker review methodology and affiliate disclosure.
Official sources & documentation verified
- XM Regulation & Licensing Disclosures(xm.com)
- ASIC Connect (#443670)(connectonline.asic.gov.au · Official Regulator)
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Ready to Trade with XM?
Founded in 2009 and serving 15M+ clients across 190+ countries, XM offers Micro, Standard, XM Ultra Low, and Shares accounts on MT4, MT5, and the XM App with a $5 minimum deposit and strict zero re-quotes execution.
Risk disclaimer: XM (Trading Point Group) is a live forex and CFD broker operating through Trading Point of Financial Instruments Ltd (CySEC #120/10), Trading Point of Financial Instruments Pty Ltd (ASIC #443670), Trading Point MENA Ltd (DFSA #F003484), XM ZA (Pty) Ltd (FSCA #49976), and XM Global Limited (FSC Belize #000261/27). Leverage, bonuses, and investor protections depend on your onboarding entity. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Affiliate disclosure: HNL Growth earns a commission if you open an account via our tracked partner link.