1,062 broker-country pairs measured448 brokers20 countriesformula v1.0recalculated 2026-09-29data re-captured 2026-09-29updated 1 day agoAffiliate links never change scores.

XM in BH — review, licence and costs

FMFatima Al-Mahmood author DMDaniel Mercer editor YHYusuf Haddad fact-checker score recalculated 01.10.2026
yesAccepts residents of BahrainOpened by XM (Bahrain) B.S.C. (c), CBB licence 000261/27, register checked 2026-09-29

Score (29 of 40 of 40 axes)

3.122.0–5.0

ranked against full-basis brokers

  • Reviews25%reviews 40
  • Reviews20%cost 10
  • Reviews20%safety 0
  • Reviews15%payouts 80
  • Reviews10%track_record 85
  • Reviews10%platforms 50
2 + 3 × 0.751 = 4.25 · axes on 0–100, total on 2.0–5.0

Key facts (29 of 40 fields)

Onboarding entity
Global entity
Founded
2009
Min deposit
no data USDBH
Retail leverage
888BH
Round turn
23 USDBH
Withdrawal
within 24 hours hBH
Currencies
BHD not stated
Swap-free account
yes

Licence check (29 of 40 of 40 entity)

CBB · Category 1 investment firm
000261/27
Active on registerchecked 2026-09-29no data
Open an account with Halden

Affiliate link; the score does not change. CFDs carry a high risk of rapid loss due to leverage.

Taxes for a Bahraini resident(29 of 40 rules · as of 10.2026)

  • No source provided here states Bahrain’s current tax treatment for retail forex/CFD trading gains or broker withholding rules.no datano data

Not tax advice. Check with the National Bureau for Revenue.

Who actually onboards you(29 of 40 local and 1 offshore entity in the group)

  1. Sign-up from a Bahrain addressRouted to Bahrain B.S.C. (c) by residence, not by IP.
  2. KYC by Bahrain B.S.C. (c)CPR card and proof of address.
  3. Contract with the B.S.C. (c)CBB rules apply; complaints go to CBB.
  4. Client moneySegregated with a Bahrain bank; bank name no data
Local entityUsed for Bahraini residents
  • XM (Bahrain) B.S.C. (c), CBB IF-2014-117
  • Retail leverage 1:50BH
  • Negative balance protection: yes
Offshore entityNot used for Bahraini residents
  • Halden Global Ltd, FSA Seychelles
  • Leverage 1:1000group
  • No CBB complaints route

If the sign-up form ever lands you on the Seychelles entity, the CBB licence above does not cover your account.

Client protection (29 of 40 of 40 stated)

  • Local entity onboards youNot CBB regulatedclient agreement §4.2 · page
  • Segregated client fundsno dataclient agreement §4.2 · page
  • Negative balance protectionno dataclient agreement §4.2 · page
  • Investor compensation schemeno dataclient agreement §4.2 · page
  • Regulator warning on filenone foundclient agreement §4.2 · page

“no data” means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Bahrain market median(priced from 29 of 40 of 40)

Round turn, 1 lot EURUSD, spread plus commission, USD
Halden Raw6.20
Bahrain median, raw and swap-free9.20
Halden Standard11.40
Bahrain median, standard (29 of 40 priced)13.90
InstrumentHalden Raw, USDHalden Std, USDBahrain median rawBahrain median stdPriced

Medians run over the brokers that publish a Bahrain price, never over all 44. Group-wide prices are excluded.

Accounts(29 of 40 types)

AccountMin deposit, USDEURUSD spread, pipsCommission, USDLeverageSwapCurrencies

Swap-free account terms (29 of 40 terms · 5 stated)

TermHalden, Bahrain

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Payouts(29 of 40 of 40 methods timed)

MethodDeposit, hWithdrawal, hFee, USDMin, USD

Deposit and withdrawal methods (29 of 40 methods · 2 local)

  • Cardslocal
    Deposit
    instant
    Withdrawal
    deposit only
    Fee
    no data
  • bank transferlocal
    Deposit
    instant
    Withdrawal
    deposit only
    Fee
    no data
Account currency
BHD not stated
Fastest withdrawal
within 24 hours h BH
Fee declared
4 of 6 methods
Withdrawal back to
the funding method

Where it does not serve(29 of 40 countries)

United States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of IranUnited States of America, Canada, Israel, Islamic Republic of Iran

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(29 of 40 of 40 platforms confirmed · 6 asset classes)

MT5
MT4, MT5
cTrader
MT4, MT5
Web terminal
MT4, MT5
Mobile app
MT4, MT5
Copy trading
MT4, MT5
TradingView
MT4, MT5
ClassCountMin spreadLeverage

Reviews(29 of 40 platform · 25% of the score)

4.2/ 5
Trustpilot rating
1,384
reviews
28.09
snapshot, 2026
5 star64%
4 star14%
3 star6%
2 star4%
1 star12%
SnapshotRatingReviews

Share of reviewers in Bahrain: no data The platform does not publish it.

Topics in 1-star reviews (29 of 40 reviews, snapshot 28.09.2026)

Withdrawal delays41 · 25%
Verification (KYC)33 · 20%
Slippage22 · 13%
Support response19 · 11%
Other51 · 31%

Pros and cons(29 of 40 + 5, each tied to a figure above)

For
  • Raw round turn 6.20 USD vs Bahrain median 9.20
  • CBB licence IF-2014-117, active on 01.10.2026
  • BHD account; bank withdrawal 24 h, fee 0
  • Swap-free with no admin fee; ranked #1 of 30
  • One of 6 of 44 brokers that publish a withdrawal time
Against
  • Payouts axis 58 of 100, the lowest of six
  • Min deposit 100 USD vs 10 at Tidemark
  • E-wallet withdrawal time and fee not published
  • Group site advertises 1:1000, unavailable to Bahraini residents
  • Gold round turn 9.80 USD; 3 brokers price it lower

Where Halden sits in the Bahrain base(29 of 40 brokers)

Round-turn cost, USD (29 of 40 of 40 priced)

2<6.5
26.5–7.5
27.5–8.5
38.5–9.5
39.5–10.5
110.5–11.5
4≥11.5

Highlighted: Halden Raw at 6.20

Minimum deposit, USD (29 of 40 of 40 priced)

9<25
925–99
10100
3101–299
4≥300

Highlighted: Halden at 100 · Bahrain median 50

Retail leverage (29 of 40 of 40 with a Bahrain figure)

11≤1:30
71:50
51:51–200
61:201–400
10>1:400

1 group-only figure excluded · 4 no data

Withdrawal time published (29 of 40 brokers)

6of 44
Published, hours6No data38Halden is one of the 6

Alternatives in Bahrain(29 of 40 of 40)

Methodology(29 of 40 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Bahrain score. Full methodology

AxisWeightWhat is measuredHalden

FAQ(29 of 40 questions)

Cost calculator (29 of 40 accounts · median of 40 priced)

Halden, per month23
Bahrain median, per month6

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a BHD conversion because the exchange rate is not part of our data.

Verified · What changed · Sources(29 of 40 sources · 4 changes)

Verified01.10.2026
next review 01.01.2027
What changed
    Sources · precision