XM
★ 4.8
Founded: 2009
Key Features
Min. Deposit: $5
Spread from: 0.6 pips
Leverage: 1:888
Support: 24/7 Multilingual
Platforms:
MT4, MT5
Regulation:
CySEC, ASIC, IFSC
XM is a popular forex and CFD broker known for its accessible trading conditions and comprehensive educational resources. They serve over 2.5 million clients from 196 countries.
Trading Conditions
XM offers flexible trading conditions with a very low minimum deposit requirement of just $5. They provide leverage up to 1:1000 on certain instruments, though this varies by jurisdiction.
Account Types
- Micro Account
- Standard Account
- XM Ultra Low Account
- Shares Account
Additional Features
XM differentiates itself with:
- Personal account managers
- Regular trading competitions
- Free VPS service
- Extensive educational resources in multiple languages
Trading Instruments
Forex
CFDs
Stocks
Commodities
Indices
Cryptocurrencies
Precious Metals
Advantages
- • Very low minimum deposit
- • High maximum leverage
- • Multi-language support
- • Regular trading competitions
- • Educational resources
Limitations
- • Limited platform choices
- • No US clients accepted
- • Higher spreads on micro accounts
Related Brokers
OANDA
Canadian Forex Brokers
IC Markets
Last updated: January 5, 2025