Marex vs XM: licences compared
Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.
| Attribute | Marex | XM |
|---|---|---|
| Licence Score | 71Strong | 70Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 2 | 7 |
| 1 FCA United Kingdom | Licensed | — |
| 1 ASIC Australia | — | Licensed |
| 1 CFTC / NFA United States | Licensed | — |
| 2 CySEC Cyprus | — | Licensed · Licence 120/10 |
| 2 FSCA South Africa | — | Licensed |
| 2 DFSA United Arab Emirates | — | Licensed |
| 3 CMA (Kenya) Kenya | — | Licensed |
| 4 FSA (Seychelles) Seychelles | — | Licensed |
| 4 FSC (Belize) Belize | — | Licensed |
| Founded | 1987 | 2009 |
| Headquarters | United Kingdom | Cyprus |
| Type | Futures broker (FX futures) | Forex & CFD broker |
| Publicly listed | NASDAQ:MRX | No |
| Platforms | Proprietary | MT4, MT5 |
| Minimum deposit | — | US$5 |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Marex or XM better regulated?
Marex has the higher Licence Score (71 vs 70), based on the number and tier of licences, operating history and public listing.
Which regulators license both Marex and XM?
They share no regulators in our database.