More about XM
Broker availability
Is XM Available in 🇱🇻 Latvia?
Partly — XM accepts clients in Latvia, with limits
Not available to residents: crypto_cfd, high_leverage. ESMA/MiFID II regulations — leverage capped at 1:30 for forex, crypto CFDs unavailable.
Availability last verified: September 2026
Broker availability in 🇱🇻 Latvia
153 / 341 brokers153 out of 341 brokers in our database accept clients from Latvia (45% availability). See all available brokers →
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XM vs alternatives in 🇱🇻 Latvia
| Regulator | FSA, CySEC | FCA, CySEC | SEC, MAS | MAS, CFTC |
| Min. deposit | $5 | $100 | $0 | $100 |
| Spread from | 0.6 pips | 1 pips | 0.2 pips | 0.8 pips |
| Max leverage | 1000 | 500 | 4 | 200 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose XM in 🇱🇻 Latvia?
Min. deposit
$5
Spread from
0.6 pips
Max leverage
1000
BrokerRank score
3.85 / 5
- Negative balance protection
- No deposit/withdrawal fees
- Very low minimum deposit ($5)
- Strong educational resources
- Regulated by FSA & CySEC — legally available to Latvia residents
Other top brokers available in 🇱🇻 Latvia
Comparing XM with other brokers available to Latvia traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- Advanced tools for professional traders
- Access to 150+ markets in 33 countries
- Very low commissions
- MT4 and proprietary platform
- Extensive market research
- Part of StoneX Group (publicly listed)
- FDIC-insured USD balances
- Available in 100+ countries
- Coinbase Pro/Advanced for lower fees
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 Latvia?
XM accepts clients from Latvia, but not without limits. Not available to residents: crypto_cfd, high_leverage. ESMA/MiFID II regulations — leverage capped at 1:30 for forex, crypto CFDs unavailable.
2What are the best alternatives to XM for Latvia traders?
The top-rated brokers available in Latvia include ForTrade, Interactive Brokers, Forex.com. All are verified to accept clients from Latvia and are regulated by reputable authorities.
3Can I use a VPN to access XM from Latvia?
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.
4Which brokers accept clients from Latvia?
153 out of 341 brokers in the BrokerRank database accept clients from Latvia. The top-rated options include ForTrade, Interactive Brokers, Forex.com. You can see the full list on our Latvia brokers page.