Equiti vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for Equiti and XM.
Multi-region broker headquartered in London with strong regulatory presence in Jordan, Cyprus and the UAE. STP execution model and zero minimum on the Standard account, with raw spreads from 0.0 pips for active traders.
Global broker with multi-jurisdictional licensing (CySEC, ASIC, FSCA, FSC-Belize, IFSC). Strong cTrader and MT4/MT5 offering, low minimum deposits, and broad product range. Important note: from 20 June 2025, the Monetary Authority of Singapore directed Internet Service Providers to block XM's website for Singapore residents (XM was found offering leveraged trading without a Capital Markets Services licence). Singapore residents are no longer able to open new XM accounts. Additionally, UK visitors are redirected to Trading.com (a separate XM Group entity) - XM does not directly accept UK retail clients. Other regions (AU, EU, MY) remain serviced.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: Equiti is tighter on EUR/USD.
Side-by-side comparison
| Feature | Equiti | XM |
|---|---|---|
| Trust score | 8.1 | 8.4 |
| Regulators | FCA, CySEC, JSC, DFSA, FSA-Seychelles, SCA-UAE | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | London, United Kingdom | Cyprus |
| Founded | 2008 | 2009 |
| Min deposit | $0.00 | $5 |
| Max leverage | 1:500 | 1:1000 |
| EUR/USD spread | 0.60 pips | 0.70 pips |
| Commission per lot | $4 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP | USD, EUR, GBP, AUD, JPY, SGD |