Broker vs Broker logoBroker vs Broker
XM

XM Review

4.3
Founded 2009· Limassol, Cyprus
Visit broker →

Overview

XM is a globally trusted forex and CFD broker famous for its low $5 minimum deposit, generous educational program, and consistently tight spreads.

Min deposit
$5
Best for
New forex traders and small accounts
Regulators
CySEC, ASIC, FSC, IFSC
Tradable assets
Forex, CFDs on Stocks, Indices

Pros and cons

Pros

  • Very low $5 minimum deposit
  • Award-winning education and webinars
  • MetaTrader 4 and 5 with 1,000+ instruments
  • 30+ supported languages

Cons

  • Spreads slightly wider than raw-spread rivals
  • No real stock ownership

Platforms

  • · MetaTrader 4
  • · MetaTrader 5
  • · XM WebTrader
  • · XM Mobile

Deposit & withdrawal

  • · Card
  • · Bank transfer
  • · Skrill
  • · Neteller

Tradable assets

  • · Forex
  • · CFDs on Stocks
  • · Indices
  • · Commodities
  • · Crypto

Our verdict

XM is best suited for new forex traders and small accounts. With a 4.3/5 score and oversight by CySEC, it's a credible choice for 2026.

Open an account →

Compare with similar brokers