Is XM legal in Bangladesh?
Forex trading by residents via offshore brokers is heavily restricted under Bangladesh's foreign-exchange control rules, and moving funds abroad for trading is largely not permitted. Understand the legal risk before trading.
XM does not hold a Bangladesh Bank licence specifically for Bangladesh in our records, so Bangladeshi clients are typically served through XM's international/offshore entity. That means you rely on that entity's regulation rather than local Bangladesh protection — check which entity you're signing up with.
XM's regulation
Trading Point group — regulated by CySEC (Cyprus), ASIC (historically), DFSA (Dubai), FSC (Belize), FSCA (South Africa). Many retail clients via the offshore entity (Belize).
For Bangladeshi traders
Before you trade from Bangladesh
Laws change and are enforced differently — this is general information, not legal advice. Always confirm the current rules with Bangladesh Bank and verify which XM entity serves Bangladesh. Trading Forex/CFDs is high-risk and can lose all your capital.
XM in other countries
Update history
- 2026-08-01
Availability and local-regulation context reviewed.