XM Global: IS it Legit?

Broker Discussion Forex Brokers
1

Hi Guys,

I need your advice. Is XM Global really regulated by Cysec and ASIC as they claim? I did a quick search on them and it seems they were banned in AUSsy and not listed in Cyprus - am I missing something?

See Screenshots
1.15-233MR Two overseas entities agree to stop providing unlicensed FX services | ASIC - Australian Securities and Investments Commission

xm-cysec
xm-cysec1255×591 79.1 KB

I am looking for a broker to use:
1.Regulated
2.Tight Spreads
3.Easy Withdrawal

2

which broker is legit or not it depends on your trading condition , before choosing a broker its more appropriate to ensure review from FPA.

3

what is FPA @Peter_Siddle?

4

Helloooo! :blush: Hmm. :thinking: I think I’ve seen a lot on XM around the forums. :open_mouth: I think people have mixed experiences with them so might be best to really take everything with a grain of salt. :open_mouth:

1 Like
5

thanks for your response @ria_rose. I will use your advice - indeed I have seen mixed reviews myself tooo.

6

Lol. yeah! One new thread of this kind appears every week.