Last updated: 2026-06-19 · FXŞikayetvar Editör Ekibi
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.
XM is a global broker, operating since 2009, regulated by CySEC, ASIC. It offers MT4, MT5.
Important: XM is not authorized by the SPK in Türkiye. The SPK only permits authorized intermediaries to offer forex locally; on unauthorized platforms investor protection is limited.
| Account | Min. Deposit | Max. Leverage | Min. Spread |
|---|---|---|---|
| Standard | $5 | 1:1000 | 1 |
| Ultra Low | $50 | 1:1000 | 0.6 |
The FX Trust Score is a weighted average of five axes. Below, each axis is explained for this broker together with the data behind it.
XM holds tier-1 regulation (CYSEC, ASIC), a serious trust signal. The axis still falls short of full marks because there is no SPK authorization in Türkiye: a foreign license does not extend SPK supervision or YTM compensation to an investor resident in Türkiye.
A total of 2 recorded user report(s) and 1 risk flag(s) were taken into account (SPK tarafından yetkilendirilmemiştir). The axis falls as report volume and risk flags increase.
A verifiable license number is published (CySEC 120/10, ASIC 443670). The founding year (2009) is disclosed. Supported platforms are stated: MT4, MT5.
Our records contain 1 user report(s) for XM in the withdrawal category. This axis is computed directly from that share; no fabricated "resolution rate" is used.
Based on a founding year of 2009, there is roughly 17 year(s) of operating history. Longevity alone does not equal trust, but short-lived platforms are markedly riskier.
Weighted total: 7.7 / 10 · Regulation · Complaints
This review is based on regulatory records, publicly available company statements and user reports submitted to our site. Factors that can only be measured with a live account — pricing quality, execution speed and slippage — were not tested, and we make no experience claims about them. The scoring method is identical for every broker and is published in full on the methodology page .