DEGIRO vs XM 2026: Which Broker is Better?
In the "DEGIRO vs XM" broker comparison, DEGIRO stands out for its focus on stock trading with very low commissions and access to over 50 global stock exchanges, appealing primarily to cost-conscious equity investors in Europe. On the other hand, XM caters to forex and CFD traders with a broader market offering, low minimum deposits, and robust educational resources, making it suitable for both beginners and experienced forex traders. A key difference lies in their market specialisations, with DEGIRO lacking forex and crypto options, while XM provides a more diverse range of financial instruments.
DEGIRO
XM
| DEGIRO | XM | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:1000 ✓ |
| Regulation | FCA | CySEC, DFSA, FSC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, DEGIRO offers lower spreads (0 pips).
See full side-by-side comparison belowDEGIRO vs XM: Key Differences
DEGIRO
XM
WinnerFees Comparison
DEGIRO
XM
BrokerRank Verdict
Who Should Choose Which?
DEGIRO
3.3/5
Choose DEGIRO if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
XM
3.9/5
Choose XM if you want…
- Higher overall rating (3.9/5)
- No per-trade commission
- Higher leverage (up to 1:1000)
- More regulatory licences (5)
Also consider
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Both DEGIRO & XM are available in
Frequently Asked Questions
1Is DEGIRO better than XM?
XM scores higher overall on our independent rating system. DEGIRO holds a 3.3/5 rating vs XM's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, DEGIRO or XM?
DEGIRO offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for DEGIRO vs XM?
DEGIRO requires a minimum deposit of $0. XM requires $5.
4Which broker is safer, DEGIRO or XM?
DEGIRO is regulated by FCA, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.
5What trading platforms do DEGIRO and XM support?
DEGIRO supports Proprietary Web, Proprietary Mobile. XM supports MT4, MT5, Proprietary Mobile.
6Can I use both DEGIRO and XM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
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58% of Brokers Hold a Single Licence
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71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
XM
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