InvestEngine
XM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
In this broker comparison, we examine InvestEngine and XM, two platforms catering to different types of traders. InvestEngine, based in London and regulated by the FCA, is ideal for UK investors seeking commission-free ETF investing with options for managed or DIY portfolios. In contrast, XM, headquartered in Cyprus and regulated by multiple authorities, appeals to those interested in a broader range of markets, including forex and CFDs, with the advantage of high leverage and a low minimum deposit. While InvestEngine focuses on low-cost, long-term investment strategies, XM offers a diverse trading experience suited for more active traders.
InvestEngine
XM
| InvestEngine | XM | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:1000 ✓ |
| Regulation | FCA | CySEC, ASIC, FCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).
See full side-by-side comparison belowInvestEngine
XM
InvestEngine
Lower feesXM
InvestEngine
3.2/5
Choose InvestEngine if you want…
XM
3.9/5
Choose XM if you want…
XM scores higher overall on our independent rating system. InvestEngine holds a 3.2/5 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.
InvestEngine offers spreads from 0 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.
InvestEngine requires a minimum deposit of $0. XM requires $5.
InvestEngine is regulated by FCA, while XM holds licences from CySEC, ASIC, FCA.
InvestEngine supports Proprietary Web, Proprietary Mobile. 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.