XM Group Review

A popular multi-regulated broker with low minimum deposit, MT4/MT5 support, and solid beginner resources.

Quick verdict

Best for newer traders who want a low minimum deposit and mainstream platforms. Check costs on your exact account type.

Regulation (example)

CySEC, ASIC (availability depends on your region/entity). Always verify the specific entity on the regulator’s website.

Platforms

MetaTrader 4, MetaTrader 5 (plus supporting apps depending on region).

Pros

  • Low minimum deposit (often $5)
  • Good educational content for beginners
  • MT4/MT5 support

Cons

  • Costs vary by account type and instrument
  • Exotic pairs can be more expensive
  • Entity/conditions differ by region

Who it’s best for

Beginner to intermediate traders who want mainstream platforms and a simple onboarding experience.

What to check before signing up

  • Your exact entity/regulation for your country
  • Total costs (spreads + commissions) for your instruments
  • Deposit/withdrawal methods, fees, and processing time

Risk disclaimer

This page is informational only and not financial advice. Trading leveraged products involves significant risk.