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Equiti vs XM

Side-by-side comparison of regulation, trading costs, platforms, and account types for Equiti and XM.

EquitiTrust 8.1/10
FCA
CySEC
JSC
DFSA

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.

XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA

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

FeatureEquitiXM
Trust score8.18.4
RegulatorsFCA, CySEC, JSC, DFSA, FSA-Seychelles, SCA-UAEASIC, CySEC, DFSA, FSCA, FSC-Belize
HeadquartersLondon, United KingdomCyprus
Founded20082009
Min deposit$0.00$5
Max leverage1:5001:1000
EUR/USD spread0.60 pips0.70 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 methodsBank Wire, Credit/Debit Card, Skrill, NetellerBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, NetellerBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed24h24h
Base currenciesUSD, EUR, GBPUSD, EUR, GBP, AUD, JPY, SGD

Equiti is best for

Day traders
Swing traders

XM is best for

Beginners
Day traders
Copy traders