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

XM Group Review 2026: Is It a Good Broker for Ukraine Traders?

XM Group is a strong choice for Ukraine traders, offering a low $5 minimum deposit, multiple regulatory licenses, and local payment methods like Bank Transfer, Skrill, and USDT. However, the lack of a local regulator and no copy trading may be drawbacks for some. Overall, it's a reliable broker for retail forex traders in Ukraine.
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 Ukraine Traders

  • Low minimum deposit of $5, ideal for beginners in Ukraine
  • Supports local payment methods: Bank Transfer, Skrill, USDT
  • Regulated by multiple top-tier authorities (CySEC, ASIC)
  • Competitive spreads from 0.0 pips on ECN account
  • Islamic account available for Muslim traders in Ukraine

CONS for Ukraine Traders

  • No local Ukrainian regulator, so traders must rely on international oversight
  • No copy trading feature, which is popular among beginners
  • Limited platform choice (only MT4/MT5, no cTrader or TradingView)
  • 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 — Ukraine
  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 Ukraine

XM Group is a globally recognized forex and CFD broker founded in 2009 and headquartered in Cyprus. With over 5 million clients worldwide, it has built a reputation for transparency, low costs, and excellent educational resources. For Ukraine traders, XM offers a compelling package: a low $5 minimum deposit, support for local payment methods like Bank Transfer, Skrill, and USDT, and leverage up to 1:500. The broker is regulated by CySEC, ASIC, and other top-tier authorities, which is crucial for traders in Ukraine who want a reliable and regulated partner. XM's focus on retail forex trading aligns well with the needs of Ukrainian traders, many of whom are looking for affordable access to global markets. The broker also provides Islamic accounts and demo accounts, making it versatile for different trading styles. Overall, XM Group is a solid option for Ukraine traders seeking a trustworthy broker with a long track record.

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 Ukraine?

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

XM Group offers Islamic (swap-free) accounts for traders in Ukraine who require them due to Sharia law. These accounts are available on both Standard and ECN accounts and are genuine swap-free, meaning no interest is charged on overnight positions. However, there are some conditions: positions held for extended periods (e.g., more than 10 days) may incur a small administrative fee. To apply, simply open a live account and contact XM's customer support to request the swap-free option. The process is quick and free of charge. This makes XM a good choice for Muslim traders in Ukraine who want to trade forex without violating religious principles.

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 Ukraine

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

Customer Support — Ukraine Review

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

Common Mistakes Ukraine Traders Make with XM Group

  • Mistake: Not verifying the XM entity you are registering with. Ukraine traders should check whether they are under CySEC or ASIC regulation to ensure proper investor protection.
  • Mistake: Ignoring the Islamic account conditions. If you open a swap-free account, be aware of the administrative fee for long-term positions.
  • Mistake: Using bank transfers for small deposits, which may incur fees and take longer. Instead, use Skrill or USDT for faster and cheaper transactions.
🔍

XM Group vs Competitors in Ukraine

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

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

4.3/5
★★★★★

XM Group is a reliable and cost-effective broker for retail forex traders in Ukraine. With a low $5 minimum deposit, support for local payment methods like Bank Transfer, Skrill, and USDT, and regulation by CySEC and ASIC, it offers a secure trading environment. The spreads are competitive, especially on the ECN account, and the educational resources are excellent for beginners. However, the lack of a local regulator and no copy trading may be drawbacks for some. Overall, XM Group is highly recommended for Ukraine traders who want a trustworthy broker with low costs and a wide range of instruments. It is best for beginners and intermediate traders who value transparency and affordability.

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FAQ — XM Group for Ukraine Traders

Is XM Group safe for Ukraine traders?+
How can I deposit money in XM Group from Ukraine?+
Does XM Group have Islamic account?+
What is the minimum deposit for XM Group in Ukraine?+
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 · Ukraine
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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