XM vs Futu (Moomoo) 2026: Which Broker is Better?
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, DFSA, FSC ✓ | 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 vs Futu (Moomoo): Key Differences
XM
Futu (Moomoo)
WinnerFees Comparison
XM
Futu (Moomoo)
Lower feesRegulation & Trust
XM holds licences from ASIC, FCA, CySEC. Futu (Moomoo) is regulated by SEC, MAS, SFC.
Markets & Assets
Both brokers offer access to Stocks markets. XM additionally covers Forex, Cfd, Indices, Commodities. Futu (Moomoo) adds Etf, Options, Futures, Crypto.
Fees & Spreads
On spreads, Futu (Moomoo) is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
Trading Platforms
XM supports MT4, MT5, Proprietary Mobile. Futu (Moomoo) offers Moomoo, Futu NiuNiu.
Minimum Deposit
XM requires a minimum deposit of $5, while Futu (Moomoo) sets no minimum deposit. This makes Futu (Moomoo) accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
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 established (est. 2009)
Futu (Moomoo)
3.7/5
Choose Futu (Moomoo) if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
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.
Both XM & Futu (Moomoo) are available in
Frequently Asked Questions
1Is XM better than Futu (Moomoo)?
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.
2Which has lower fees, XM or Futu (Moomoo)?
XM offers spreads from 0.6 pips, while Futu (Moomoo) starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for XM vs Futu (Moomoo)?
XM requires a minimum deposit of $5. Futu (Moomoo) requires $0.
4Which broker is safer, XM or Futu (Moomoo)?
XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Futu (Moomoo) holds licences from SFC, SEC, MAS.
5What trading platforms do XM and Futu (Moomoo) support?
XM supports MT4, MT5, Proprietary Mobile. Futu (Moomoo) supports Moomoo, Futu NiuNiu.
6Can I use both XM and Futu (Moomoo)?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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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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