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Trading Point Review
Trading Point is the legal and group name behind XM. A 2023 compliance review flagged its offshore XMTrading and XMGlobal schemes for weak identity checks.
Min Deposit
N/A
Spreads From
Not applicable directly, set separately by each group brand like XM or XMTrading
Max Leverage
1:30 for the CySEC and FCA covered entities, up to 1:1000 reported offshore
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Original entity behind XM holds a real CySEC license, 120/10, since 2009
- Group structure across more than a dozen entities is publicly documented
- Core CySEC and FCA covered side caps retail leverage at 1:30
- Long operating history, among the older Cyprus regulated forex groups
Cons
- Trading Point itself is not a brand anyone signs up with directly
- A 2023 compliance review gave the wider group an Orange rating
- Offshore XMTrading style sites reportedly allowed EEA style sign ups
- Card deposits up to 2,000 euros were allowed before identity checks
Trading Point of Financial Instruments Ltd is the original Cyprus firm, CySEC license 120/10, founded in 2009. It grew into Trading Point Holdings Ltd, parent of a brand family that includes XM, XMTrading, XMFX, and XMBroker, spread across Cyprus, the UK, Australia, Belize, Seychelles, Mauritius, Dubai, and the Bahamas.
Apart from the main CySEC regulated XM brand, the group runs XMTrading and XMGlobal offshore from Seychelles and Mauritius, aimed mostly at Japan, Vietnam, Pakistan, and Uzbekistan. A 2023 review by watchdog FinTelegram gave the group an Orange rating, after finding it could register an EEA address on offshore sites that officially reject EEA residents, plus card deposits up to 2,000 euros before any identity check.
Trading Point is not a brand you join directly, it is the identity behind the group. Readers should look at the exact brand they plan to use, mainly XM, since protection differs sharply from the offshore schemes sharing its look and feel.
Max Leverage
1:30 for the CySEC and FCA covered entities, up to 1:1000 reported offshore
Spreads From
Not applicable directly, set separately by each group brand like XM or XMTrading
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
