More about XM
Broker availability
Is XM Available in 🇮🇶 Iraq?
No — XM is not available in Iraq
XM does not accept new account registrations from Iraq as of 2026. See alternatives available in Iraq ↓
Availability last verified: October 2026
Broker availability in 🇮🇶 Iraq
104 / 341 brokers104 out of 341 brokers in our database accept clients from Iraq (30% availability). See all available brokers →
Find a broker available in Iraq
XM doesn't accept Iraq traders — get matched to one that does, by market, style and budget.
XM vs alternatives in 🇮🇶 Iraq
| Regulator | FSA, CySEC | ASIC, FSCA | BVI FSC, CySEC | CySEC |
| Min. deposit | $5 | $100 | $1 | $250 |
| Spread from | 0.6 pips | 0 pips | 0 pips | 0.7 pips |
| Max leverage | 1000 | 1000 | 1000 | 500 |
| Available | ✗ No | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Recommended brokers available in 🇮🇶 Iraq
These brokers accept clients from Iraq and are regulated by reputable authorities.
- 500+ instruments
- Strong presence in Africa and Middle East
- Regulated in 4 jurisdictions
- Minimum deposit from $1
- PAMM accounts and copy trading
- Large selection of trading instruments (300+)
- MT4 and MT5 supported
- Crypto included
- Real stocks and CFDs on one platform
Other brokers also not available in 🇮🇶 Iraq
These well-known brokers also do not accept clients from Iraq.
About XM
Regulated by
FSA, CySEC
Headquarters
Limassol, Cyprus
Founded
2009
Min. deposit
$5
BrokerRank score
3.85 / 5
Markets
forex, stocks, cfd
Frequently Asked Questions
1Is XM available in Iraq?
No — XM does not accept clients from Iraq as of 2026. This is due to regulatory restrictions. Traders from Iraq should look for brokers that are locally licensed or specifically accept Iraq clients.
2Why is XM not available in Iraq?
XM has chosen not to accept clients from Iraq, likely due to local regulatory requirements or compliance decisions. Brokers sometimes exclude certain countries to limit regulatory overhead.
3What are the best alternatives to XM for Iraq traders?
Brokers we recommend in Iraq include IronFX, InstaForex, NAGA. All are verified to accept clients from Iraq and are regulated by reputable authorities.
4Can I use a VPN to access XM from Iraq?
Using a VPN to circumvent geo-restrictions violates XM's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
5Which brokers accept clients from Iraq?
104 out of 341 brokers in the BrokerRank database accept clients from Iraq. Recommended options include IronFX, InstaForex, NAGA. You can see the full list on our Iraq brokers page.