XM
Partner ID: 8KDBM Trust Score: 92/100XM operates through a group of separately licensed companies in Belize, Cyprus, Australia, the UAE, South Africa, Kenya, the British Virgin Islands and Mauritius. A client is regulated only by the entity with which they contract, and the licences listed on this page are the ones that apply to the account you would actually open. XM Global Limited is the entity through which XM provides its international brokerage services, and it is the operator of www.xm.com. It is a limited liability company formed in Belize with its registered office at Suite 101, 63 Eve Street, Belize City, licensed and regulated by the Belize Financial Services Commission as a Securities Service Provider under the Securities Industry Act 2021, licence number 8557558. XM does not accept clients resident in the United States. XM reports more than 20 million clients across over 190 countries, support in more than 30 languages, and over 13.5 billion trades executed with zero requotes or rejections, with 99% of trades executed in less than one second. The instrument range covers more than 1,400 assets across forex, indices, equities, precious metals, energies and commodities. Four retail account formats are offered: Micro, Standard, Ultra Low Micro and Ultra Low Standard. All use market execution, charge no trading commission, and include negative balance protection and an Islamic swap-free option as standard. The minimum deposit is $5. A micro lot equals 1,000 units, with minimum trade volume 0.1 lots and maximum 100 lots; a standard lot equals 100,000 units, with minimum trade volume 0.01 lots and maximum 50 lots. Stop-out is 20% and margin call is 50%. Leverage is equity-based rather than flat. Up to 1:1000 applies between $5 and $40,000 of equity, then 1:500 up to $80,000, 1:200 up to $200,000, and 1:100 above that. The wider XM group holds separate licences for clients in other jurisdictions: Trading Point of Financial Instruments Ltd (CySEC 120/10) for the European Union, Trading Point MENA Limited (DFSA F003484, Dubai) for the UAE, Trading Point of Financial Instruments Pty Ltd (ASIC 443670) for Australia, XM ZA (Pty) Ltd (FSCA 49976) for South Africa, TPXMGLOBAL Kenya Limited (CMA 233) for Kenya, XM (BVI) Limited (FSC BVI SIBA/L/25/1182) and XM International MU Limited (Mauritius FSC GB23202700). None of those other licences applies to an account opened with XM Global Limited. Clients resident in the UAE are served by the DFSA-regulated entity.
Data last verified Oct 09, 2026
Earn Upto 90% Rebate Share
Register with XM through our referral link and receive 90% of the trading rebates directly to your account. No hidden fees, instant profit sharing on every trade.
Get your share of rebates quickly with regular payouts
Receive up to 90% of all trading rebates automatically
Rebates are credited as soon as they're received from the broker
Track your rebates and earnings in real-time
Calculate Your Potential Earnings
Use our rebate calculator to estimate your potential earnings. Choose your preferred trading account, instruments, and trading volume to see how much you could earn in rebates.
Available Account Types
Compare rebate rates for different account types
Micro
variable- Min Deposit: $5.00
- Commission: 0
- Weekly rebate payouts
Standard
variable- Min Deposit: $5.00
- Commission: 0
- Weekly rebate payouts
XM Ultra Low Micro
variable- Min Deposit: $5.00
- Commission: 0
- Weekly rebate payouts
Ultra Low Standard
variable- Min Deposit: $5.00
- Commission: 0
- Weekly rebate payouts
General Information
Pros
- Regulated by the Belize Financial Services Commission as a Securities Service Provider under the Securities Industry Act 2021, licence 8557558.
- Low minimum deposit starting from just $5.
- Commission-free Standard, Micro and Ultra Low accounts with no dealing desk, no requotes and no rejections.
- Excellent educational resources, market analysis, and 24/7 multilingual customer support.
- Instant deposit and withdrawal options with zero deposit or withdrawal fees.
Cons
- Standard account floating spreads are higher than average (around 1.6 - 2.0 pips).
- Crypto CFDs and promotional bonuses are restricted for EU/UK clients under local regulation.
- Inactivity fee applied after 90 days of account dormancy.
Account Types Comparison
Compare all account features side-by-side
| Feature | Micro micro | Standard standard | XM Ultra Low Micro xm-ultra-low-micro | Ultra Low Standard ultra-low-standard | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 📋 Account Basics | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Deposit | $5.00 | $5.00 | $5.00 | $5.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Leverage | 1:1000.00 | 1:1000.00 | 1:1000.00 | 1:1000.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Spread Type | variable | variable | variable | variable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rebate Payout Frequency | Weekly | Weekly | Weekly | Weekly | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 📊 Lot Sizes & Limits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Lot Size | 0.1000 | 0.0100 | 0.1000 | 0.0100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Lot Size | 100.0000 | 50.0000 | 50.0000 | 50.0000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lot Increment | 0.1000 | 0.0100 | 0.0100 | 0.0100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Orders | 300 | 200 | 200 | 200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ⚠️ Margin & Risk Management | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Margin Call Level | 50.00% | 50.00% | 50.00% | 50.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop Out Level | 20.00% | 20.00% | 20.00% | 20.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop/Limit Orders | Yes | Yes | Yes | Yes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ⚡ Trading Features | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ECN / STP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Execution | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Instant Execution | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Scalping Allowed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Hedging Allowed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EA / Expert Advisors | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Copy Trading | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PAMM / MAM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Islamic (Swap-Free) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trading Platforms
Payment Methods
Deposit Methods
Withdrawal Methods
Trading Features
Trading
- Scalping Allowed
- Hedging Allowed
- Expert Advisors (EA)
- Copy Trading
- Negative Balance Protection
- Pending Orders
Account
- Demo Account
- Islamic Account (Swap-Free)
- Micro Accounts
- Standard Accounts
- Multi-Currency Account
Payment
- Instant Deposits
- Fast Withdrawals
- Credit Card Deposits
- Wire Transfer
- E-Wallets
- No Deposit Fees
- No Withdrawal Fees
Support
- 24/7 Customer Support
- Live Chat Support
- Phone Support
- Email Support
- Multi-Language Support
- Personal Account Manager
Education
- Educational Resources
- Trading Webinars
- Trading Tutorials
- Market Analysis
- Economic Calendar
- Trading Signals
Bonus
- Deposit Bonus
- Referral Program
Security
- Two-Factor Authentication (2FA)
- Segregated Accounts
- SSL Encryption
- Regulated Broker
- Investor Compensation Fund
Service & Support
Latest Promotions
Double your trading equity with XM's 100% Deposit Bonus. Use extra margin credit to open larger positions, withstand market volatility, and reduce stop-out risk during market dips.
Why Trade with XM Broker?
Key Execution & Operational Strengths
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Strict No-Requotes & Zero-Rejections Policy: Over 99% of trades are executed in less than one second without order rejections or price requotes.
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Low Entry Barrier & Fair Pricing: Access live financial markets with a minimal $5 initial deposit across commission-free Ultra Low and Standard account tiers.
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Consistent High Leverage: Leverage is equity-based: up to 1:1000 between $5 and $40,000 of equity, then 1:500 to $80,000, 1:200 to $200,000 and 1:100 above that.
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Fee-Free Cash Management: Zero fee policy on all credit/debit card, e-wallet, and wire deposits/withdrawals, with XM covering transfer fees on wire deposits over $200.
Trust, Regulatory Security & Platform Access
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Multi-Licensed Regulation: XM Global Limited is licensed by the Belize Financial Services Commission as a Securities Service Provider under the Securities Industry Act 2021, licence 8557558. Clients in the UAE are served by a separate DFSA-regulated group entity.
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Institutional Security Protocols: Negative balance protection applies to all accounts, so losses cannot exceed deposited funds.
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Expansive Asset Coverage: Trade 1,400+ financial instruments covering Forex, Indices, Equities, Precious Metals, Energies, and Commodities.
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Multi-Terminal Deployment: Full platform integration across MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary XM Mobile Application.
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24/7 Global Support & Education: Daily live trading analysis, comprehensive educational programs, and multi-channel customer service operating around the clock in 30+ languages.
Frequently Asked Questions
How much cashback can I earn on XM, and which account pays the most?▾
Our highest published rate is on Standard: $7.18 per lot on currencies, metals $13.58. Published currencies rates run $0.04–$7.18 per lot across rated accounts. Per-account rates (default per asset class, USD per lot): - Micro: Currencies $0.07, Metals $0.14 - Standard: Currencies $7.18, Metals $13.58 - XM Ultra Low Micro: Currencies $0.04, Metals $0.06 - Ultra Low Standard: Currencies $4.70, Metals $5.58 Heads-up: accounts with Cent, Micro or Mini in the name may pay per cent-, micro- or mini-lot rather than per standard lot — use the per-account rows, not just the headline, when comparing.
How is the XM cashback calculated?▾
Per lot you trade, at the rate for that asset class on your account. For example, EURCHF on Standard currently pays $9.58 per lot. Your total is eligible volume times the applicable rate — more volume at the same rate means proportionally more cashback. Use the rebate calculator on this page for your own volume. At 5 lots a week on Standard, that works out to roughly $35.90 a week in cashback.
Does cashback change XM's spreads or commission?▾
No — cashback is paid out of the referral commission XM pays us, so your trading conditions stay exactly as XM sets them. For reference, none of XM's four accounts shows a recorded commission on our record (Micro, Standard, XM Ultra Low Micro, Ultra Low Standard).
Do I earn cashback when my XM trade loses?▾
Yes — cashback accrues per eligible trade, win or lose. The only exceptions are trades that fail the eligibility conditions in the next answer.
Which XM accounts or trades don't earn cashback?▾
Every XM account on this page carries a published rate. Beyond that, brokers typically set conditions such as a minimum trade duration, voiding rebates for churning (trading only to farm rebates), or restricting some countries or entities. One standing rule covers it all: cashback is a share of commission the broker actually pays us — where the broker pays nothing on volume, there is nothing to share.
When and how is my XM cashback paid?▾
Weekly — every XM account on this page pays out weekly. Once paid out, withdraw any time your balance reaches the $50 minimum. You can watch it accrue trade by trade in your PaidRebate profile.
Is my money protected with XM?▾
Our record lists XM under the Dubai Financial Services Authority and FSC Belize. What protection that gives you depends on which entity your account opens under — regulators cover specific legal entities, not the brand worldwide, and offshore entities carry no investor compensation scheme.
How do I start earning cashback on XM?▾
Register on PaidRebate, open your XM account through the referral link on this page, then submit the broker account number in your PaidRebate profile so trades can be tracked to you. Trade normally — eligible trades accrue cashback you can withdraw once the balance reaches the $50 minimum.
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