Public.com vs XM 2026: Which Broker is Better?
In the realm of online trading, Public.com and XM cater to distinctly different audiences with their unique offerings. Public.com, founded in 2019, is ideal for novice traders in the United States who are interested in commission-free stocks, ETFs, and crypto, with a focus on social investing through its proprietary mobile app. In contrast, XM, established in 2009, appeals to global traders seeking a broader range of markets, including forex and commodities, supported by platforms like MT4 and MT5, and offers the advantage of very low minimum deposits and high leverage options. While Public.com is restricted to US users and focuses on a straightforward mobile experience, XM provides a more comprehensive trading environment with educational resources and negative balance protection.
Public.com
XM
| Public.com | XM | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $5 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:1000 ✓ |
| Regulation | SEC | CySEC, DFSA, FSC ✓ |
| Platforms | Proprietary Mobile | MT4, MT5, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Public.com offers lower spreads (0 pips).
See full side-by-side comparison belowPublic.com vs XM: Key Differences
Public.com
XM
Fees Comparison
Public.com
Lower feesXM
BrokerRank Verdict
Who Should Choose Which?
Public.com
3.0/5
Choose Public.com 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)
- Higher leverage (up to 1:1000)
- More regulatory licences (5)
- More market types (5)
Also consider
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Frequently Asked Questions
1Is Public.com better than XM?
XM scores higher overall on our independent rating system. Public.com holds a 3.0/5 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, Public.com or XM?
Public.com 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 Public.com vs XM?
Public.com requires a minimum deposit of $0. XM requires $5.
4Which broker is safer, Public.com or XM?
Public.com is regulated by SEC, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.
5What trading platforms do Public.com and XM support?
Public.com supports Proprietary Mobile. XM supports MT4, MT5, Proprietary Mobile.
6Can I use both Public.com 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
XM
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