Are GCM Forex and XM SPK licensed?

GCM Forex: SPK licensed. XM: not SPK authorized.

GCM Forex vs XM: Which Is More Reliable?

GCM Forex scores higher (FX Trust Score 8.8) than XM (8.5). GCM Forex is SPK licensed.

Risk warning. Leveraged forex trading carries high risk and, in Türkiye, is subject to SPK regulation (1:10 leverage cap, ~50,000 TRY margin). This content is not investment advice; user statements belong to their authors.

GCM Forex

8.8 / 10

SPK Licensed

Türkiye

Founded: 2012

Platform: MT4, MT5, GCM Trader

Regulator: SPK

2 complaints

See review →

XM

8.5 / 10

Not SPK Authorized

Cyprus / Belize

Founded: 2009

Platform: MT4, MT5

Regulator: CySEC, ASIC

2 complaints

See review →

Frequently Asked Questions

Which is more reliable, GCM Forex or XM?: GCM Forex scores higher (FX Trust Score 8.8) than XM (8.5). GCM Forex is SPK licensed.
Are GCM Forex and XM SPK licensed?: GCM Forex: SPK licensed. XM: not SPK authorized.