XM – Is it scam or safe?
XM is a trading name of the Cypriot financial company Trading Point Holdings Ltd that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) and is registered with the FCA in the UK. The CySEC license allows it to conduct financial services, including forex.
However, there are some posts in forex forums that inform about poor customer service (no answers or great delay response), IDs verification problems, pushing customers to invest more funds and slow execution of cash withdrawals.
So far, we haven’t received any complaints from clients of XM.com.
If you feel frustrated by XM.com and have something to share with us, please fill in the form below, describing your case: