XM
Futu (Moomoo)
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Futu (Moomoo) depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Futu (Moomoo) operates from Hong Kong, China. XM has the longer track record, established in 2009, compared to Futu (Moomoo) which was founded in 2012. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
XM
Futu (Moomoo)
| XM | Futu (Moomoo) | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.7/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:5 |
| Regulation | CySEC, ASIC, FCA | SFC, SEC, MAS |
| Platforms | MT4, MT5, Proprietary Mobile | Moomoo, Futu NiuNiu |
XM is the better choice overall, scoring 3.9/5 vs 3.7/5 on BrokerRank's independent rating. On fees, Futu (Moomoo) offers lower spreads (0 pips).
See full side-by-side comparison belowXM
Futu (Moomoo)
XM
Futu (Moomoo)
Lower feesXM holds licences from ASIC, FCA, CySEC. Futu (Moomoo) is regulated by SEC, MAS, SFC.
Both brokers offer access to Stocks markets. XM additionally covers Forex, Cfd, Indices, Commodities. Futu (Moomoo) adds Etf, Options, Futures, Crypto.
On spreads, Futu (Moomoo) is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Futu (Moomoo) offers Moomoo, Futu NiuNiu.
XM requires a minimum deposit of $5, while Futu (Moomoo) sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
BrokerRank scores XM at 3.92/5 and Futu (Moomoo) at 3.72/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM
3.9/5
Choose XM if you want…
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Futu (Moomoo)'s 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
XM offers spreads from 0.6 pips, while Futu (Moomoo) starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Futu (Moomoo) requires $0.
XM is regulated by CySEC, ASIC, FCA, while Futu (Moomoo) holds licences from SFC, SEC, MAS.
XM supports MT4, MT5, Proprietary Mobile. Futu (Moomoo) supports Moomoo, Futu NiuNiu.
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
BrokerRank Research — Hidden costs across 345 brokers
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.