No. XM does not onboard US retail clients. The US has its own forex regulatory regime (CFTC/NFA) that XM Group entities are not licensed under.
Direct answer
The United States is one of the most heavily ring-fenced forex markets in the world: brokers serving US retail clients must be CFTC-registered and NFA-member. XM Group does not hold those registrations and does not market or onboard US retail clients.
What this means in practice
- US residents cannot complete signup at XM — the form blocks US residency.
- Existing clients who relocate to the US must close their XM positions before the move.
- VPN-based circumvention will fail at KYC and lead to account closure.
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FAQ
Does XM serve clients in the United States?
No. XM does not onboard US retail clients. The US has its own forex regulatory regime (CFTC/NFA) that XM Group entities are not licensed under.
Are any major non-US brokers CFTC-registered?
Very few. The US retail forex market is dominated by US-domiciled brokers (OANDA, Forex.com, IG US).
What if I’m a US citizen living abroad?
XM's onboarding is primarily by residency, but US citizenship can still trigger compliance complications. Always disclose accurately.
Related XM guides
- Why XM Is Restricted in Some Countries
- Can residents of Turkey register at XM?
- What is the difference between an XM EU account and an XM Global account?
- XM Licenses and Regulation