XM vs Plus500 2026: Which Broker is Better?
Compare XM and Plus500 side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
XM
Plus500
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| XM | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.9/5 | 4.0/5 ✓ |
| Min. Deposit | $5 | $100 ✓ |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:1000 ✓ | 1:30 |
| Regulation | CySEC, DFSA, FSC ✓ | FCA, CySEC, ASIC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.9/5 on BrokerRank's independent rating. On fees, XM offers lower spreads (0.6 pips).
See full side-by-side comparison belowXM vs Plus500: Key Differences
XM
Plus500
WinnerFees Comparison
XM
Plus500
BrokerRank Verdict
XM scores 3.85/5 while Plus500 scores 3.98/5 in our independent rating.
Plus500 edges ahead overall, but XM 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?
XM
3.9/5
Choose XM if you want…
- Lower minimum deposit ($5)
- Higher leverage (up to 1:1000)
- More regulatory licences (5)
- More platforms (3 supported)
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- More market types (6)
- More established (est. 2008)
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 & Plus500 are available in
Frequently Asked Questions
1Is XM better than Plus500?
Plus500 scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Plus500's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, XM or Plus500?
XM offers spreads from 0.6 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for XM vs Plus500?
XM requires a minimum deposit of $5. Plus500 requires $100.
4Which broker is safer, XM or Plus500?
XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do XM and Plus500 support?
XM supports MT4, MT5, Proprietary Mobile. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both XM and Plus500?
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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BrokerRank Research
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71% of Retail Traders Lose Money
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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.
Higher Rated
Plus500
80% of retail CFD accounts lose money.