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

XM Group Review 2026: A Comprehensive Guide for Malta Traders

XM Group is a well-established, CySEC-regulated broker that offers a solid trading environment for Malta traders. With a low minimum deposit of $5, competitive spreads, and support for local payment methods like Skrill and Bank Transfer, it is a reliable choice for both beginners and experienced retail forex traders in Malta. However, the absence of copy trading and cTrader may be a drawback for some.
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 Malta Traders

  • Regulated by CySEC, providing strong investor protection for Malta traders.
  • Low minimum deposit of $5, ideal for retail forex traders in Malta.
  • Supports local payment methods including Bank Transfer, Skrill, and USDT.
  • Competitive spreads from 0.6 pips on the Standard account.
  • Islamic account available for Muslim traders in Malta.

CONS for Malta Traders

  • No copy trading feature, which may disappoint social traders in Malta.
  • Does not offer cTrader or TradingView platforms.
  • Withdrawal processing time for bank transfers can be up to 5 business days.
  • Limited cryptocurrency instruments compared to specialized crypto brokers.
📅
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 — Malta
  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 Malta

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 Malta traders, XM is particularly relevant due to its regulation by CySEC, which aligns with the local financial authority's standards. The broker offers a wide range of trading instruments, including forex pairs, indices, commodities, and cryptocurrencies, with competitive spreads starting from 0.6 pips. XM's low minimum deposit of $5 and support for local payment methods like Bank Transfer, Skrill, and USDT make it an accessible choice for retail forex traders in Malta. The broker also provides educational resources, including webinars and tutorials, which are valuable for beginners. With a strong reputation and a focus on client security, XM Group is a popular choice among Maltese traders looking for a reliable and regulated broker.

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 Malta?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Malta 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 Malta 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
Malta 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 — Malta 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
Malta 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 — Malta Muslim Traders

XM Group offers genuine Islamic (swap-free) accounts for Muslim traders in Malta, which comply with Sharia law by eliminating swap or rollover interest on overnight positions. There are no hidden fees, and the account is available on both Standard and ECN Zero account types. To apply, Malta traders need to register a live account and then contact XM customer support to request the swap-free conversion. The request is usually processed within 24 hours. It is important to note that Islamic accounts may have restrictions on holding positions for very long periods, but for most retail traders, this is not an issue. XM's Islamic account is a valuable option for the growing Muslim community in Malta who want to trade forex ethically.

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 Malta

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 Malta traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Malta 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 Malta traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Malta Review

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

Common Mistakes Malta Traders Make with XM Group

  • Mistake: Not verifying the CySEC license number (120/10) on the CySEC website before depositing — always check regulatory status to ensure safety.
  • Mistake: Using a Bank Transfer for small deposits — Skrill or USDT are faster and often fee-free for amounts under $100.
  • Mistake: Applying for an Islamic account without reading the terms — while genuine, long-term holding may be restricted, so confirm conditions first.
🔍

XM Group vs Competitors in Malta

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 Malta 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 Malta traders.
Product
May 2026
New instruments added for Malta traders
XM Group has added new trading instruments including additional forex pairs and commodity CFDs.

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

4.3/5
★★★★★

XM Group is a highly recommended broker for Malta traders, especially those looking for a regulated, low-cost, and user-friendly forex trading experience. The CySEC regulation provides peace of mind, while the low minimum deposit and support for local payment methods make it accessible. The broker's strong educational resources and reliable platforms (MT4/MT5) cater well to both beginners and experienced traders. However, the lack of copy trading and cTrader may be a drawback for some. Overall, XM Group is best for retail forex traders in Malta who prioritize safety, low costs, and a straightforward trading environment. We give it a rating of 4.3 out of 5 for Malta traders in 2026.

Open XM Group Account

FAQ — XM Group for Malta Traders

Is XM Group safe for Malta traders?+
How can I deposit money in XM Group from Malta?+
Does XM Group have Islamic account?+
What is the minimum deposit for XM Group in Malta?+
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.
Open XM Group Account
Regulated · Malta
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
Similar Brokers
CM
CMC Markets
Review
IG
IG
Review
PE
Pepperstone
Review
AV
AvaTrade
Review
PL
Plus500
Review
TI
Tio Markets
Review
VA
Vantage
Review
EQ
Equiti
Review
TI
Tickmill
Review
IC
IC Markets
Review
Compare XM Group
vs Pepperstonevs IC Marketsvs Exness
More Malta broker guides
Copy Trading BrokersFixed Spread BrokerscTrader BrokersPAMM Account BrokersMicro Account BrokersStandard Account BrokersStock CFD BrokersIndices Trading BrokersCommodities Trading BrokersCrypto CFD Brokers
Related guides for Malta traders
Zero Spread BrokersECN BrokersForex Demo Account BrokersBest Options Brokers with Demo AccountBest Brokers for US Stocks Global InvestorsBest MetaTrader 4 Brokers for CFD TradingBest TradingView Brokers for CFD TradingBest Low Cost Stock BrokersHedging Allowed BrokersEA / Automated Trading Brokers