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Is XM a safe broker?

SafetyLast verified 2026-04-01Reviewed by editorial team

How this answer was verified

  • Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
  • Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
  • Refreshed quarterly. The most recent verification date is shown above. Read our methodology.

Related

Is Exness a safe broker?

Exness is an established, well-capitalised broker, but it does not accept EU, EEA or UK retail clients — it closed onboarding to those residents in 2019. EU and UK traders therefore cannot open an Exness account or rely on CySEC/FCA investor-protection schemes through it. Where Exness does onboard (non-EU and emerging markets), clients are served by its offshore Seychelles FSA entity (license SD025), which sits outside EU/UK compensation schemes such as the ICF and FSCS.

What is the best forex broker for beginners in Europe?

The best forex broker for beginners in Europe is XM, closely followed by eToro and Capital.com. XM wins on educational content and multilingual support (30+ languages); eToro wins on copy trading and social features; Capital.com wins on AI-powered insights and the lowest minimum deposit (EUR 20).

Is Vantage a safe broker in 2026?

Vantage is safe for EU clients trading through Vantage Global Prime LLP (FCA-regulated). The group also holds ASIC, CIMA, FSCA and VFSC licences. EU clients onboarded via the FCA entity get FSCS protection up to GBP 85,000, segregated funds and negative balance protection.

Is IC Markets a safe broker in 2026?

IC Markets is safe for EU clients via Raw Trading Ltd (CySEC 362/18). The group also holds ASIC, SCB and FSA Seychelles licences. EU clients get ICF protection up to EUR 20,000, segregated client funds and ESMA negative balance protection.

Is Tickmill a safe broker in 2026?

Tickmill is safe for EU clients via Tickmill Europe Ltd (CySEC 278/15). The group additionally holds FCA, FSCA and FSA Seychelles licences. EU clients get ICF compensation up to EUR 20,000, segregated funds at tier-one banks and ESMA negative balance protection.

Is FxPro a safe broker in 2026?

FxPro is safe for EU clients via FxPro Financial Services Ltd (CySEC 078/07). The group also holds FCA, FSCA and SCB licences. EU clients get ICF protection up to EUR 20,000, segregated funds and ESMA negative balance protection. FxPro has been operating since 2006.