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Side-by-Side Comparison Independent Updated Apr 19, 2026

XM vs RHB Securities 2026: Which Broker is Better?

Choosing between XM and RHB Securities depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while RHB Securities operates from Kuala Lumpur, Malaysia. RHB Securities has the longer track record, established in 1994, compared to XM which was founded in 2009. 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

RHB Securities

Higher ratedXM logo

XM

3.9/ 5
Visit XM →Full review
VS
XMRHB Securities
BrokerRank Score3.9/5 ✓3.4/5
Min. Deposit$5$0 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:1000 ✓1:2
RegulationCySEC, DFSA, FSC ✓SC Malaysia, MAS
PlatformsMT4, MT5, Proprietary MobileRHB TradeSmart, RHB Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
RHB SecuritiesXM
Best for Low Fees
RHB SecuritiesXM
Best for Regulation
XMRHB Securities
Best Overall
XMRHB Securities
Quick Answer

XM is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, RHB Securities offers lower spreads (0 pips).

See full side-by-side comparison below

XM vs RHB Securities: Key Differences

Feature

XM

Winner

RHB Securities

Our Rating
3.9 / 5
3.4 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
$0.1/lot
Regulated By
CySECDFSAFSCFSCAFSA
SC MalaysiaMAS
Platforms
MT4, MT5, Proprietary Mobile
RHB TradeSmart, RHB Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities
Stocks, Etf, Bonds, Funds
Founded
2009
1994
Headquarters
Limassol, Cyprus
Kuala Lumpur, Malaysia
Score
3 / 5
2 / 5

Fees Comparison

Fee

XM

RHB Securities

Spread From
0.6 pips
0 pips
Commission
None
$0.1/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

XM holds licences from ASIC, FCA, CySEC. RHB Securities is regulated by MAS, SC Malaysia.

Markets & Assets

Both brokers offer access to Stocks markets. XM additionally covers Forex, Cfd, Indices, Commodities. RHB Securities adds Etf, Bonds, Funds.

Fees & Spreads

On spreads, RHB Securities 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. RHB Securities offers RHB TradeSmart, RHB Mobile.

Minimum Deposit

XM requires a minimum deposit of $5, while RHB Securities sets no minimum deposit. This makes RHB Securities accessible to traders with any budget.

Overall Ratings

BrokerRank scores XM at 3.92/5 and RHB Securities at 3.31/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.

BrokerRank Verdict

XM is our recommended pick in this comparison, scoring 3.92/5 versus RHB Securities's 3.31/5. XM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. RHB Securities has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find RHB Securities's lower minimum deposit of $0 more accessible. RHB Securities is still a solid option for beginners starting with a smaller initial capital, but XM offers a stronger overall package for the majority of traders.

Who Should Choose Which?

XM

XM

3.9/5

Top pick

Choose XM if you want…

  • Higher overall rating (3.9/5)
  • No per-trade commission
  • Higher leverage (up to 1:1000)
  • More regulatory licences (5)
RHB Securities

RHB Securities

3.4/5

Choose RHB Securities if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1994)

Also consider

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Both XM & RHB Securities are available in

Frequently Asked Questions

1

Is XM better than RHB Securities?

XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs RHB Securities's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, XM or RHB Securities?

XM offers spreads from 0.6 pips, while RHB Securities starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for XM vs RHB Securities?

XM requires a minimum deposit of $5. RHB Securities requires $0.

4

Which broker is safer, XM or RHB Securities?

XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while RHB Securities holds licences from SC Malaysia, MAS.

5

What trading platforms do XM and RHB Securities support?

XM supports MT4, MT5, Proprietary Mobile. RHB Securities supports RHB TradeSmart, RHB Mobile.

6

Can I use both XM and RHB Securities?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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