XM is a global forex/CFD broker (founded in 2009, headquartered in Cyprus) that offers trading via MetaTrader 4 and MetaTrader 5, with multiple account types (including Standard, Ultra Low, Zero, and Shares, plus demo and swap-free options depending on region). They highlight multi-jurisdiction oversight (including CySEC, DFSA, FSCA, FSC and others), a low $5 minimum deposit, and access to a broad instrument list (1,400+ noted in the review, with availability varying by entity). Leverage can be high (up to 1:1000), but limits depend on the regulatory entity and the product (e.g., stricter caps for certain jurisdictions)