XM CFD broker guide The world's markets
from one account
XM is a broker offering forex, indices, commodities, shares and cryptocurrencies as contracts for difference (CFDs). This site is a guide written in Korean and is not the official site.
A CFD is a product where you can lose your capital. It is not suitable for everyone.
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A video from XM's official YouTube channel.
What it is
A broker offering forex, indices, commodities, shares and cryptocurrencies as CFDs. According to official information, it has been in the industry for over 15 years and covers over 1,400 assets.
The figures above are those stated on XM's official site. They may change, so check the latest values in the official information.
What you trade
You do not exchange the physical asset; you trade a contract on the price difference (CFD). You can take a position whether the price rises or falls.
Forex
Trade currency pairs 24 hours a day, 5 days a week.
Cryptocurrency
Trade cryptocurrency prices 24 hours a day, 7 days a week.
Share CFDs
Trade price differences in company shares.
Indices
Trade a country's benchmark index as a single instrument.
Precious metals
Covers precious metals such as gold and silver.
Energy
Energy products such as crude oil and natural gas.
Commodities
Trade commodity prices.
ETF
Buy a basket of many stocks as a single instrument.
Where you trade
You can keep using the software you already use, or work from just your phone or browser.
MetaTrader 4
Available on mobile, tablet, PC, Mac and WebTrader. Supports 50+ indicators and charting tools, automated trading (EAs) and MQL4.
MetaTrader 5
Available on mobile, tablet, PC, Mac and WebTrader. Supports 58+ indicators, 44 analytical tools, EAs and MQL5.
XM app
Use account and deposit/withdrawal menus on your phone.
Web trading
Use it right in your browser, with nothing to install.
Copy trading
A way of following other people's trades.
Demo trading
Practice with virtual money. No real money is involved.
What accounts there are
According to official information, there are three (Standard, Ultra Low, Shares).
| Account | Spread (from) | Minimum deposit | Trading commission |
|---|---|---|---|
| Standard | 1.6 pips | $5 | None |
| Ultra Low | 0.8 pips | $5 | None |
| Shares | — | $10,000 | Yes |
The spread column shows the EURUSD minimum. The commission amount for the Shares account is not published.
Values shown on the official account types page, checked on 2026-10-09.
XM states that the stop-out is 20% for Standard and Ultra Low accounts and 0% for the Shares account.
Maximum leverage is 1000:1, and it is reduced in steps to 1:500, 1:200 and 1:100 as account equity grows. The Shares account is 1:1. The higher the leverage, the faster losses can grow.
Comparing spreads
The spread is the difference between the buying price and the selling price. It is in effect your trading cost, so the more often you buy and sell, the wider it opens up.
| Symbol | Type | Standard | Ultra Low |
|---|---|---|---|
| EURUSD | Forex | 1.6 | 0.8 |
| USDJPY | Forex | 2 | 0.8 |
| GOLD | Gold (XAU) | 4 | 2.4 |
In pips; minimum values listed on the official account types page (checked October 9, 2026). Actual spreads vary with the time of day and market conditions.
How you deposit and withdraw
The fees the broker charges and the fees the bank charges are separate matters. The figures below are on the broker's side.
- Deposit and withdrawal methods — XM lists credit/debit cards, bank wire transfers, local transfers and e-wallets. Check which methods are actually available in Korea in the 'Funds → Deposit/Withdrawal' menu after logging in.
- Minimum amount — Both deposits and withdrawals start from $5 (or the equivalent in another currency), and this may vary by payment method.
- Fees — XM states that it does not charge deposit or withdrawal fees. It states that for international bank transfers of $200 or more, the company also covers XM's side of the bank fees, but this may change.
- How long it takes — XM states that withdrawal requests are processed automatically and can be received instantly or on the same day. Bank wire and card withdrawals take 2–5 business days.
- Deposit currency — Whatever currency you deposit in, it is automatically converted into the account's base currency.
Checked against the XM Help Center on October 9, 2026. May vary by payment method.
From opening an account to trading
Four steps and you are done. If this is your first time, we suggest starting with demo trading using virtual money.
Registration
The button below takes you to the official sign-up screen. When you first register, a real account and a demo account are created together.
Phone verification
After logging in, verify your mobile phone number.
Profile and document verification
Complete your profile and investor information and upload your ID. Check the required documents and progress under 'Profile > Upload Documents'.
Deposit and trade
Deposit from $5 and start trading on MT4, MT5 or the XM app.
Who regulates it
Clients who open an account on the official Korean-language sites (xmglobal.com/kr, xm.com/kr) contract with XM Global Limited, regulated by the Belize FSC.
- Contracting entity — It is XM Global Limited.
- Regulator — Regulated by the Financial Services Commission of Belize (FSC) under the Securities Industry Act 2021, licence number 8557558. The official Korean-language page calls this body '금융위원회' (Financial Services Commission), but it is a different body from Korea's Financial Services Commission.
- Group regulation — XM states that the group as a whole is regulated by CySEC, FSC, FSA and DFSA, but the contracting party for Korean-site clients is the Belize entity above.
- Segregated funds — XM states that client money is held in accounts segregated from company money, at globally trusted financial institutions.
- Negative balance protection — XM states that negative balance protection applies to all accounts by default. Even so, losses can grow in an instant when prices move sharply.
- Korean authorization — XM Global is not authorized by Korean financial authorities. When you use an overseas firm, it may be difficult to receive protection under Korean law if a dispute arises.
Checked against the official regulation and customer support pages on October 9, 2026.
Questions
What is a CFD?
It is a contract to exchange only the price difference, without buying the physical asset. Trading gold does not make the gold yours. You can take a position whether the price rises or falls, but losses come in the same size.
How much do I need to start?
From $5 for Standard and Ultra Low accounts, and from $10,000 for the Shares account.
Can I just practice?
Demo trading is available. You practice on the same screens with virtual money, so no real money is involved.
What is leverage?
It is a way of trading a large amount with a small amount of money. Profits and losses both grow in multiples, so even a small move against you can force your position to be closed.
Is this the official site?
No. This is a Korean-language guide that links through via referral links. Accounts, deposits, withdrawals and inquiries all take place on XM's official screens.
What about taxes?
Tax treatment of overseas derivatives trading differs by country and by personal circumstances. Check the rules where you live.
Check before you start
A CFD is a product where you can lose your capital. Please be sure to read the following.
- Loss of capital — XM warns that its services carry a very high level of risk and that you may lose your invested capital. Only use money you can afford to lose.
- Leverage — The bigger your bet, the shorter the distance to a forced close (liquidation). As a rule, beginners should not use too much of it.
- Regions served — Sign-up may be restricted depending on your country. First check on the sign-up page whether your country can be selected.
- Excluded regions — According to official information, services are not offered to citizens and residents of the US, Canada, Israel, Iran and sanctioned countries.
- Terms can change — Spreads, fees, and promotions change without notice. Check the official information before applying.
- Not a solicitation to invest — This site only compiles and passes on information; it does not recommend any particular trade.
News and Notices
We gather important updates and market news here.
- [Reward] XM Traders Club — earn XM Coins every time you trade
- [Event] XM trading competitions — weekly demo contest and Daily Arena
- [Guide] How XM's trading bonus works — an example
- [Promotion] $100 sign-up bonus with no deposit required
- [Promotion] 100% deposit bonus — up to $200 on your first deposit
- XM account types at a glance — minimum deposit from $5
- XM's social contribution — education, research, international aid and healthcare
- XM Learning Center — free webinars in 23 languages and XM Live
- XM Thematic Indices — themes like blockchain and AI in one product
- XM Turbo Stocks — major stocks at 200:1 leverage
Get to know it on demo first
You can try the same screens with virtual money, and it is not too late to start once you are used to it.
This site is not XM's official site; it provides a Korean-language user guide and referral links. The button above is a referral link. Conditions such as spreads, fees and bonuses may change, so check XM's official information before applying. With CFDs you can lose your capital.