Recalculated 2026-10-25 · Established 2009 · XM Global Limited
XM — Pakistan
XM is rated 3.30 out of 5 by our formula (Rank #31 of 36) for traders in Pakistan: round turn 7 USD, residents accepted — Through an offshore entity.
Suits you if you can open with 5 USD · a swap-free account is available · it runs 3 trading platforms
Look elsewhere if it holds no licence issued in Pakistan · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- XM Global Limited
- Licence number
- not stated
- Established
- 2009group
- Min deposit, USD
- 5 USDgeo
- Platforms
- MT4 · MT5 · XM app
- Local funding
- Local PKR bank transfer (converted to USD on dep
- Max leverage
- 1000geo
- EURUSD
- 1.0 pipsgeo
Accounts (4)
4 of 4 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the Pakistan middle (37 of 63)
| XM | Pakistan median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 5 USDgeo | 7.5 USD |
| Max leverage | 1000geo | 750.0geo |
| Withdrawal, h | same day to 5 business days hgroup | 24.0 h |
| EURUSD, standard | 1.0 pipsgeo | 0.95 pips |
| EURUSD, raw | 0.0 pipsgeo | 0.0 pips |
| Established | 2009group | 2006.5 |
| Platforms | 3 | 3 |
Accepts residents of Pakistan
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
XM Global Limited
Offshore entity
Pakistani clients are onboarded under the offshore XM Global Limited (Belize FSC).
What users rate it, and how many
3.8 out of 5 on Trustpilot across more than 2,500 reviews
Round-turn cost next to the Pakistan median (37 of 63)
raw+commission
Taking money off the account
What the account tiers cost
Micro, Standard, Ultra Low (Standard/Micro), Zero, and Shares accounts; min deposit from USD 5 (Shares much higher).
Terminals and instruments (3)
MT4 · MT5 · XM app
1000+ instruments: 55+ forex pairs, stock indices, metals/energies/commodity CFDs and share CFDs; crypto CFDs vary by entity.
Pros and cons
Pros (1)
- Swap-free account available
Cons (2)
- Round turn 7.0 USD against a Pakistan median of 7.0
- No local licence: the client is onboarded by a foreign entity
Tax on trading gains in Pakistan
Forex/derivatives trading profit for residents is generally taxed as income; where treated as capital gains on movable assets (other than exchange-traded securities) it is taxable at the individual's normal slab rates (as of the review), while listed-securities gains and foreign shares/funds carry specific rates (foreign shares/mutual funds ~15% flat per PwC). Residents taxed on worldwide income;
Where it does not serve
United States of America, Canada, Israel, Islamic Republic of Iran
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
FAQ (5)
Does XM accept residents of Pakistan?
Through an offshore entity.
Which entity onboards a Pakistan client of XM?
XM Global Limited
What licence does XM hold for Pakistan?
No licence number is published for this country.
What does one EURUSD lot cost at XM?
7.0 USD per round turn against a Pakistan median of 7.0 USD, measured on 37 of 63 brokers.
How long does a withdrawal from XM take?
same day to 5 business days hours as published. You’ll receive your money immediately, or on the same day... Withdrawals via bank wire, credit or debit card usually take 2-5 business days