Is XM a safe broker?
SafetyLast verified 2026-04-01Reviewed by editorial team
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by our editorial team (Marcus Weber CFA, Sofia Lindgren FRM, Daniel Ferretti LLM).
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related questions
Is IC Markets a safe broker?
Yes, IC Markets is a safe broker for EU clients. The EU entity (IC Markets EU Ltd) is regulated by CySEC under license 362/18, offers ICF compensation up to EUR 20,000, maintains segregated client funds, and provides mandatory negative balance protection under ESMA rules.
What is the best forex broker for beginners in Europe?
The best forex broker for beginners in Europe is XM, closely followed by eToro and Capital.com. XM wins on educational content and multilingual support (30+ languages); eToro wins on copy trading and social features; Capital.com wins on AI-powered insights and the lowest minimum deposit (EUR 20).