XM
very high popularity in Thailand
💳 Deposit by Thai QR, cards, e-wallets, bank transfer. Withdrawals are usually smooth, though some delays are reported.
What traders say 3,136 reviews
None of this broker's most recently harvested reviews are 4 stars or higher, so we're not featuring quotes here rather than cherry-pick outliers. See every review, positive and negative, on its Trustpilot page below.
Read all reviews on Trustpilot → · review data collected: Jul 2026
Monthly source check · 2026-10-15
This date records the source check. Facts that could not be reconfirmed have not been marked newly verified. Terms depend on the entity, country and account type.
Fields checked and sources
- Entity disclosures: Indicative; scope limited — Source 1
- Regulatory disclosures (group): Indicative; scope limited — Source 1
- Trading platforms: Confirmed on source — Source 1
- Account types: Indicative; scope limited — Source 1
- Minimum deposit: Indicative; scope limited — Source 1
- Leverage limits: Not reconfirmed
- Advertised spreads and commissions: Not reconfirmed
- Thai QR / PromptPay deposits: Not reconfirmed
- Thai QR / PromptPay withdrawals: Not reconfirmed
- Thai bank transfers: Not reconfirmed
- Other payment methods: Not reconfirmed
- Withdrawal processing times: Not reconfirmed
- Thai support: Confirmed on source — Source 1
- Swap-free conditions: Indicative; scope limited — Source 1
- Thailand promotions: Not reconfirmed
- Trustpilot rating and count: Confirmed on source — Source 1
- Withdrawal reputation evidence: Not reconfirmed — Source 1
Trustpilot did not display a rating for this profile when checked: 2026-10-15. Trustpilot
Swap-free and promotion terms
- Swap-free: Islamic account on request; revocable at any time at XM sole discretion; Fair Value Adjustments apply on Cash Energies + Spot Metals CFDs; abuse triggers retroactive swap recovery (As of 2026-08-01)
- Thai payment rail: Thai QR deposit + withdrawal both work — verified first-hand with our own Thai XM account (2026-08-06) (As of 2026-08-27)
Bottom line
XM scores 7.88/10 on our scale, with very high popularity among Thai traders. Opening an account takes just a few minutes — start with the Open account button.
Strengths
- Standard and Ultra Low accounts advertise a $5 minimum deposit; entity terms apply.
- Largest Thai retail footprint; 15+ year track record
- Thai QR deposit + withdrawal confirmed first-hand (2026-08-06)
Weaknesses
- Thai clients onboard offshore Belize entity, not CySEC/ASIC
- Recurring Pantip pattern: profit withdrawals denied citing 'violations'
- Not a Financial Commission member — no compensation backstop
- Standard/Micro spreads wide (0.8-2.0 pips) vs peers
Where to next
Open account / read full terms →Compare XM with: IUX Markets · Axi · Octa
🕐 Research baseline: 27 Aug 2026 · page built: 15 Oct 2026. See the monthly check for current field coverage.