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Side-by-Side Comparison Independent Updated Oct 28, 2026

Scope Markets vs XM 2026: Which Broker is Better?

Compare Scope Markets and XM side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Scope Markets

XM

VS
Scope MarketsXM
BrokerRank Score3.0/53.9/5 ✓
Min. Deposit$10 ✓$5
Spread from0.6 pips0.6 pips
Max Leverage1:5001:1000 ✓
RegulationCMA, FSCCySEC, DFSA, FSC ✓
PlatformsMT4, MT5MT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Scope MarketsXM
Best for Low Fees
Scope MarketsXM
Best for Regulation
XMScope Markets
Best Overall
XMScope Markets
Quick Answer

XM is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Scope Markets offers lower spreads (0.6 pips).

See full side-by-side comparison below

Scope Markets vs XM: Key Differences

Feature

Scope Markets

XM

Winner
Our Rating
3.0 / 5
3.9 / 5
Min. Deposit
$10
$5
Max Leverage
Spread From
0.6 pips
0.6 pips
Commission
None
None
Regulated By
CMAFSC
CySECDFSAFSCFSCAFSA
Platforms
MT4, MT5
MT4, MT5, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Forex, Cfd, Stocks, Indices, Commodities
Founded
2015
2009
Headquarters
Nairobi, Kenya
Limassol, Cyprus
Score
0 / 3
3 / 3

Fees Comparison

Fee

Scope Markets

XM

Spread From
0.6 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Scope Markets scores 3.04/5 while XM scores 3.85/5 in our independent rating.

XM edges ahead overall, but Scope Markets may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Scope Markets

Scope Markets

3.0/5

Choose Scope Markets if you want…

Similar strengths to XM — compare below.

XM

XM

3.9/5

Top pick

Choose XM if you want…

  • Higher overall rating (3.9/5)
  • Lower minimum deposit ($5)
  • Higher leverage (up to 1:1000)
  • More regulatory licences (5)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Scope Markets & XM are available in

Frequently Asked Questions

1

Is Scope Markets better than XM?

XM scores higher overall on our independent rating system. Scope Markets 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.

2

Which has lower fees, Scope Markets or XM?

Scope Markets offers spreads from 0.6 pips, while XM starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Scope Markets vs XM?

Scope Markets requires a minimum deposit of $10. XM requires $5.

4

Which broker is safer, Scope Markets or XM?

Scope Markets is regulated by CMA, FSC, while XM holds licences from CySEC, DFSA, FSC, FSCA, FSA.

5

What trading platforms do Scope Markets and XM support?

Scope Markets supports MT4, MT5. XM supports MT4, MT5, Proprietary Mobile.

6

Can I use both Scope Markets 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

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

XM

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