Wikilix
Licence record

XM: CySEC licence 120/10

Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Financial Service

This is Wikilix's record of a licence issued by Cyprus Securities and Exchange Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Cyprus Securities and Exchange Commission 120/10

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
XM Global Limited
Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Financial Service

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/xm/licenses/cyprus-securities-and-exchange-commission/120-10Fields on file 2 / 11

Open XMAll XM licencesAbout CySEC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
Cyprus
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
120/10
Licence type (Wikilix classification)
Financial Service
The authority

About CySEC

Cyprus Securities and Exchange Commission is the authority that issued this licence, and the jurisdiction it applies in is Cyprus.

Full name
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2001
Oversight
A government or statutory body
Firms we track under it
216 firms
Regulates
Forex, Stocks, Options, Derivatives, Commodity, Securities, Futures, CFD
Licences it issues
CIF – Own Account / Matched Principal (CFDs)
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

CySEC's own rules for the firms it authorises.

  • Compensation schemeUp to €20000 (ICF)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeCyprus Financial Ombudsman
  • Maximum leverage1:30
This describes the authority's regime, not how XM applies it.
The holder

Who holds this licence

The licence above is recorded against XM. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
XM Global Limited
Based in
Cyprus
Operating
10-15 years
Wikilix score
49.5the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences XM holds

3 other licences are on record for XM.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
XM offers customer support via live chat during business hours and phone support at +35725029933. Support is available in English and through various email addresses for different languages, with additional contact through social media platforms like Facebook.
Withdrawals via bank transfer may take up to 5 business days, with a 15 USD fee applied for amounts below 200 USD. Withdrawals through Skrill, Neteller, Visa/Mastercard, and USDT are processed faster, often same-day or instant, with no fees charged by XM.
The minimum deposit amount at XM is 5 USD. XM does not charge deposit fees, but banks may apply commissions depending on the funding method used.
XM provides access to MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop use and offer advanced charting and trading tools suitable for Forex and CFD trading.
XM Global Limited is currently listed without regulation. This means it does not hold any official licenses from regulatory authorities. Traders should consider this when assessing safety and risk.
Licence 120/10 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
XM holds this CySEC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the CySEC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates CySEC tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
XM has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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