XM is a CySEC-regulated broker and part of the Trading Point Group; Its mirror platforms XMTrading and XMGlobal are a huge offshore broker schemes operated through offshore enties and TPS Management Limited in Cyprus. While more than 98% of the XMTrading website visitors come from Japan, XMGlobal websites XMFX.markets and XMBroker-FX.com attract almost 85% of its visitors from China and 71% from Malaysia, respectively. Here is our initial review.