FXTM vs XM
Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and XM.
FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius
Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
XMTrust 8.4/10
ASIC
CySEC
DFSA
FSCA
Long-established multi-asset broker with a $5 minimum deposit and four-jurisdiction regulation including ASIC and DFSA. Strong educational resources and a copy-trading marketplace make it a popular pick for newer traders.
Quick verdict
- Trust: XM has the higher trust score.
- EUR/USD spread: FXTM is tighter on EUR/USD.
Side-by-side comparison
| Feature | FXTM | XM |
|---|---|---|
| Trust score | 8.0 | 8.4 |
| Regulators | FCA, CySEC, FSCA, FSC-Mauritius, CMA | ASIC, CySEC, DFSA, FSCA, FSC-Belize |
| Headquarters | Cyprus | Cyprus |
| Founded | 2011 | 2009 |
| Min deposit | $10 | $5 |
| Max leverage | 1:1000 | 1:1000 |
| EUR/USD spread | 0.00 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, NGN | USD, EUR, GBP, AUD, JPY, SGD |
FXTM is best for
High-volume traders
Day traders
Copy traders
XM is best for
Beginners
Day traders
Copy traders