xm.com

3.8
3.8 Based on 1.1K reviews

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mahesh kalariyil
I strongly suggest people of India not to trade with this company and seems to be a big fraud. They

I strongly suggest people of India not to trade with this company and seems to be a big fraud. They dont have and office in india and operate with a support mail id, where they do not even respond to the mail inspite of repeated mails. Second they have a live chat option and even there they donot help you out with the concern and rude answers that it. I had deposted INR 3500 which was my first deposit to trade. In their portal they have an option of LOCAL BANK TRANSFER and using that i deposted this amount for which they provided a local individuals account based at Delhi. Using the same the amount was deposited on the 11th of Feb 2026 and attache the screen shot of the proof of payment. But in vain the amount never got credited.Inspite of giving all the bank statement they respond with a mail-===== Regarding your concern, we needed you to provide us with a receipt with the full recipient wallet number for further investigation with the PSP, as well as a new screenshot of the bank statement in higher resolution. I had provided all the detail and they respond with the same kind of mail. Now its nearly 20 days. Now I have lost the money is for sure. Suggest all not to trade or open with this broker= They are frauds.

1
Date of experience: Feb 26, 2026

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