Is XM regulated in Ghana?
No licence from the Securities and Exchange Commission Ghana among the 7 XM entities we confirmed. XM holds licences from FSC Belize (8557558), CySEC (120/10), DFSA (F003484), FSCA (FSP 49976), CMA Kenya (233), FSC Mauritius (GB23202700) and FSA Seychelles (SD190).
Facts checked 29 Oct 2026 on XM's own site and the regulators' registers. Information only, not advice.
The licence check, in one table
- Local regulator
- Securities and Exchange Commission Ghana
- Licence valid in Ghana
- None among the entities we confirmed
- Company that serves you
- Not published by XM for Ghana; your sign-up documents name the company
- XM's licences
- FSC Belize 8557558CySEC 120/10DFSA F003484FSCA FSP 49976CMA Kenya 233FSC Mauritius GB23202700FSA Seychelles SD190
- Local rules
- In June 2026 the SEC Ghana directed every online investment or trading platform without SEC approval to stop and register; it has said it will issue forex trading guidelines.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail CFD accounts lose money. See the full XM review and our Ghana page.
3 brokers to check in Ghana
From the brokers we review that are open to traders in Ghana, then by TFB Score.
FP Markets reviewTFB Score 92/100
IG reviewTFB Score 92/100
Pepperstone reviewTFB Score 92/100
Frequently asked questions
Short answers, from the facts shown on this page.
Is XM regulated in Ghana?
No licence from the Securities and Exchange Commission Ghana among the 7 XM entities we confirmed. XM holds licences from FSC Belize (8557558), CySEC (120/10), DFSA (F003484), FSCA (FSP 49976), CMA Kenya (233), FSC Mauritius (GB23202700) and FSA Seychelles (SD190).
Which regulator oversees forex brokers in Ghana?
Securities and Exchange Commission Ghana. In June 2026 the SEC Ghana directed every online investment or trading platform without SEC approval to stop and register; it has said it will issue forex trading guidelines. You can check a firm on its register: https://sec.gov.gh.
Which XM company would open my account in Ghana?
Not published by XM for Ghana; your sign-up documents name the company.
Which brokers should I look at in Ghana?
FP Markets, IG and Pepperstone, from the brokers we review that are open to traders in Ghana, in order of licence and TFB Score.
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning