XM
FXTM
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and FXTM depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus. XM has the longer track record, established in 2009, compared to FXTM which was founded in 2011. 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
FXTM
| XM | FXTM | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $10 ✓ |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:1000 | 1:2000 ✓ |
| Regulation | CySEC, ASIC, FCA | FCA, CySEC, FSCA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowXM
WinnerFXTM
XM
FXTM
XM holds licences from ASIC, FCA, CySEC. FXTM is regulated by FCA, CySEC, FSCA.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, FXTM is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. FXTM offers MT4, MT5. Both brokers are available on MT4, MT5.
XM requires a minimum deposit of $5, while FXTM sets a minimum deposit of $10. Both are suitable for traders with moderate starting capital.
BrokerRank scores XM at 3.92/5 and FXTM at 3.59/5, 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…
FXTM
3.6/5
Choose FXTM if you want…
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs FXTM's 3.6/5. 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 FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. FXTM requires $10.
XM is regulated by CySEC, ASIC, FCA, while FXTM holds licences from FCA, CySEC, FSCA.
XM supports MT4, MT5, Proprietary Mobile. FXTM supports MT4, MT5.
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.