XM was founded in 2009 by Trading Point Group in Cyprus. The brand has been live in retail markets for over 16 years across multiple regulated entities, with official XM pages citing 20M+ clients across 190+ countries.
Direct answer
XM was launched in 2009 under Trading Point of Financial Instruments Ltd, originally a CySEC-regulated investment firm in Cyprus. As demand grew the group added entities in Australia (2015, ASIC), Belize (2016/17, IFSC — later renamed FSC), and Dubai (DFSA), each licensed to serve a different region. The retail $30 no deposit promotion has been live continuously since 2017.
Track record matters more than “old” vs. “new”
Sixteen years of operation is meaningful because it spans multiple market regimes — the 2010 EUR crisis, the SNB unpegging in 2015, the 2020 COVID volatility shock, the 2022 inflation cycle — and the broker has continued to pay withdrawals through all of them. Newer brokers without that stress-test history carry more uncertainty regardless of headline regulation.
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FAQ
How long has XM been operating? When was XM founded?
XM was founded in 2009 by Trading Point Group in Cyprus. The brand has been live in retail markets for over 16 years across multiple regulated entities, with official XM pages citing 20M+ clients across 190+ countries.
Is XM a public company?
No. XM Group entities are privately held. Financial information is not published as routinely as for a listed broker, but regulator filings are public for the regulated entities.
How many clients does XM have?
Official XM marketing pages cite 20M+ clients across more than 190 countries. The exact active-trader subset is not disclosed.
Related XM guides
- What is XM and what is XM Global?
- Is XM Safe or a Scam?
- Are XM’s industry awards real?
- XM Licenses and Regulation