HomeBroker ReviewsXM Group ReviewBelarus
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Belarus
Live account tested
Broker Review · Belarus 2026

XM Group Review 2026: A Comprehensive Look for Belarus Traders

XM Group is a solid choice for Belarus traders, offering low minimum deposits, high leverage, and a wide range of instruments. However, the lack of local regulation and limited local payment methods are drawbacks. It is best for beginners and those seeking a trusted global broker with an Islamic account.
Regulated: CySEC
Min Deposit: $5
Score: 4.3/5
Islamic: Yes
4.3/5
★★★★★
Overall Score
Regulation
5.0
Spreads
4.4
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Belarus Traders

  • Low minimum deposit of $5, perfect for Belarus beginners.
  • High leverage up to 500:1, allowing small capital to trade larger positions.
  • Islamic account available for Muslim traders in Belarus.
  • Multiple deposit methods including USDT for fast, low-cost transfers.
  • Strong global regulation (CySEC, ASIC) ensuring fund safety.

CONS for Belarus Traders

  • Not regulated by the local Belarusian financial authority.
  • No cTrader or TradingView platforms.
  • No copy trading feature for passive investors.
  • Customer support not available 24/7.
📅
2009
Founded
📍
Cyprus
HQ
💵
$5
Min Deposit
📊
4.3/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Belarus
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

XM Group Overview for Belarus

Founded in 2009 and headquartered in Cyprus, XM Group has grown into one of the world's largest forex brokers, serving over 10 million clients globally. For Belarus traders, XM offers a compelling mix of low costs, high leverage (up to 500:1), and a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. The broker is particularly attractive for retail traders in Belarus due to its low minimum deposit of just $5 and the availability of an Islamic (swap-free) account, which is important for the country's Muslim minority. While XM is not regulated by the local Belarusian financial authority, its strong international regulation (CySEC, ASIC, etc.) and 16-year track record provide a level of trust. The broker supports popular local payment methods like Bank Transfer, Skrill, and USDT, making deposits and withdrawals convenient for Belarus clients. Overall, XM Group is a reliable choice for Belarus traders looking for a user-friendly, well-regulated broker with global reach.

DetailInformation
Founded2009
HeadquartersCyprus
Regulated byCySEC,ASIC,IFSC,DFSA,FSC
Min Deposit$5
Max Leverage1000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is XM Group Safe for Belarus?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Belarus traders
Always verify XM Group's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.80 pips$00.80 pips0.80 pips
GBP/USD1.20 pips$01.20 pips1.20 pips
XAU/USD0.30 pips$00.30 pips0.30 pips
S&P5000.60$00.600.60
BTC/USD$100$0$100$100
💼

Account Types for Belarus Traders

Micro Account
Best for Beginners
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
Ultra Low Account
Best Spreads
Min Deposit$5
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Belarus tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Belarus Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Belarus deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Belarus Muslim Traders

XM Group offers a genuine swap-free Islamic account for Muslim traders in Belarus who wish to trade in accordance with Sharia law. This account does not charge or pay overnight interest (swap) on positions held open. To apply, Belarus traders can request the Islamic account after registration by contacting XM support via live chat or email. The account is available on all account types (Micro, Standard, XM Zero) and is free of hidden fees. However, XM may charge an administrative fee if the account is held open for an extended period (usually over 10 days), so traders should check the terms. Overall, XM's Islamic account is one of the most transparent and accessible for Belarus Muslim traders.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Belarus

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.80 pips
Gold (XAU/USD)Spot GoldAvailable0.30 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.60
Crypto CFDsBTC, ETH, XRP, SOLAvailable$100
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Belarus traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Belarus traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Belarus traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Belarus Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Belarus
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Belarus Traders Make with XM Group

  • Mistake: Not verifying XM's regulation details. Some Belarus traders assume any broker is safe, but always check CySEC or ASIC license numbers on official websites.
  • Mistake: Using Bank Transfer for small deposits. Bank transfer fees can eat into small amounts; use Skrill or USDT instead for cost efficiency.
  • Mistake: Ignoring the Islamic account terms. Even on swap-free accounts, XM may charge an admin fee for long-held positions; read the fine print.
🔍

XM Group vs Competitors in Belarus

BrokerMin DepositEUR/USDIslamicTradingViewScore
XM Group (current)$50.80 pipsYesNo4.3
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — XM Group

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Belarus traders
XM Group segregates all client funds and is regulated by top-tier authorities.

XM Group User Reviews & Ratings

Trustpilot Rating

4.3
★★★★★
Based on 2,978 reviews
Read on Trustpilot

CompareBroker Expert Rating

4.3
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

XM Group Latest News & Updates 2026

Platform
July 2026
XM Group expands TradingView integration
XM Group has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
XM Group maintains top-tier regulatory status
XM Group continues to hold its regulatory licenses, ensuring client fund protection for Belarus traders.
Product
May 2026
New instruments added for Belarus traders
XM Group has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is XM Group Worth It for Belarus Traders?

4.3/5
★★★★★

XM Group is a highly recommended broker for Belarus traders, especially beginners and those seeking a trusted global brand. Its low minimum deposit, high leverage, and wide range of instruments make it accessible and versatile. The availability of an Islamic account and support for USDT deposits are significant advantages for local traders. However, the lack of local regulation and 24/7 support are drawbacks. Overall, XM Group is best for retail traders in Belarus who prioritize reliability, low costs, and a user-friendly experience. For experienced traders, the XM Zero account offers competitive spreads. We rate XM Group 4.3/5 for Belarus traders.

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FAQ — XM Group for Belarus Traders

Is XM Group safe for Belarus traders?+
How can I deposit money in XM Group from Belarus?+
Does XM Group have Islamic account?+
What is the minimum deposit for XM Group in Belarus?+
What trading platforms does XM Group offer?+
Is XM Group regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
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Regulated · Belarus
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score4.3/5
RegulationCySEC · ASIC
Min Deposit$5
Max Leverage1000
Founded2009
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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