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XM vs IG for residents of Oman

This is a filter, not a ranking or a recommendation: lists are ordered by regulatory profile, then alphabetically. We have not verified that any broker shown accepts residents of Oman.

Oman’s regulator is the Financial Services Authority (FSA), which publishes a list of companies that are not licensed. Search it for the exact company name and web address you are dealing with, and ask the broker which company would hold your account.

Side by side

XM
IG
Type
XMCFD / forex broker
IGCFD / forex broker
Regulation
XMCySEC, DFSA, UAE SCA, FSCA, Kenya CMA, plus Mauritius, Belize and Seychelles
IGFCA 195355, ASIC, BaFin, MAS, FINMA, JFSA, FMA, DFSA (Dubai); IG International (Bermuda)
Protection profile
XMMixed
IGTop-tier regulated
Compensation scheme
XMEU clients: up to €20,000; offshore XM Global: none
IGPer local schemes
Minimum deposit
XMNot stated; low
IG$0
Islamic / swap-free
XMSwap-free Islamic accounts available; terms not described
IGSwap-free account for Dubai clients; no swap or rollover fees
Inactivity fee
XM$10/month after 90 days
IGAbout $18/month after 24 months
Platforms
XMMT4, MT5, own platform
IGOwn platform, MT4, MT5, ProRealTime, TradingView

Highlighted rows differ between the two brokers.

Differences that matter

  • Protection profile: XM is ‘Mixed’ and IG is ‘Top-tier regulated’. Check which entity would hold your account.

What to check on each

  • XM: Gulf clients are often placed with XM Global; complaints about cancelled profits and ‘linked accounts’.
  • IG: The swap-free account belongs to the Dubai entity.

Before you choose

Search the FSA list of unlicensed companies for the exact name and web address you are dealing with, then ask the broker which company would hold your account and under which regulator. Get the answers in writing. We have not checked whether either one accepts residents of Oman.

All lists and comparisons for Oman

CFDs and leveraged products carry a high risk of losing your money quickly. This page is information, not legal, financial or religious advice, and it is based on published sources up to October 2026. Rules and warning lists change: check the regulator’s own site before you deposit.

Sources: regulator websites for Oman; our broker catalog, compiled from published reviews and regulator registers (October 2026).