FXTM
XM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
In the world of online trading, FXTM and XM stand out as popular choices for traders seeking diverse market access and robust platforms. FXTM, with its high leverage of up to 1:2000 and a strong presence in Africa and Asia, appeals to experienced traders who can manage risk effectively. In contrast, XM, offering a slightly lower leverage of 1:1000, attracts beginners and educational-focused traders due to its comprehensive learning resources and no deposit/withdrawal fees. The key difference lies in their target audiences: FXTM is well-suited for high-leverage enthusiasts, while XM caters to those prioritising educational support and cost-effective trading.
FXTM
XM
| FXTM | XM | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.9/5 ✓ |
| Min. Deposit | $10 ✓ | $5 |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:2000 ✓ | 1:1000 |
| Regulation | FCA, CySEC, FSCA | CySEC, ASIC, FCA |
| Platforms | MT4, MT5 | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowFXTM
XM
WinnerFXTM
XM
FXTM
3.6/5
Choose FXTM if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. FXTM holds a 3.6/5 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.
FXTM offers spreads from 0.1 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
FXTM requires a minimum deposit of $10. XM requires $5.
FXTM is regulated by FCA, CySEC, FSCA, while XM holds licences from CySEC, ASIC, FCA.
FXTM supports MT4, MT5. XM supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
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.