Best CFD & Forex Broker in 2020 As one of the best forex brokers and CFD brokers in the world, Trading point (The parent company that owns WM) registered XM in 2009.
In the United Kingdom, XM is governed by (FCA) : Financial Conduct Authority. In Cyprus they are under governance by Securities and Exchange Commission (CySEC).
There are 3 more markets that they are regulated and that is Australia, Cyprus and Belize.
In terms of safety, even though they do not hold a banking license or listed on stock exchange but being regulated in certain markets is a positive signal to categorize them (...)