XM vs Sarwa 2026: Which Broker is Better?
Choosing between XM and Sarwa depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Sarwa operates from Dubai, UAE. XM has the longer track record, established in 2009, compared to Sarwa which was founded in 2017. 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
Sarwa
| XM | Sarwa | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.5/5 |
| Min. Deposit | $5 ✓ | $500 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:1 |
| Regulation | CySEC, DFSA, FSC ✓ | DFSA, SEC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Sarwa offers lower spreads (0 pips).
See full side-by-side comparison belowXM vs Sarwa: Key Differences
XM
WinnerSarwa
Fees Comparison
XM
Sarwa
Lower feesRegulation & Trust
XM holds licences from ASIC, FCA, CySEC. Sarwa is regulated by SEC, DFSA.
Markets & Assets
Both brokers offer access to Stocks markets. XM additionally covers Forex, Cfd, Indices, Commodities. Sarwa adds Etf, Crypto.
Fees & Spreads
On spreads, Sarwa 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. Sarwa offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
XM requires a minimum deposit of $5, while Sarwa sets a minimum deposit of $500. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores XM at 3.92/5 and Sarwa at 3.34/5, 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)
- Lower minimum deposit ($5)
- Higher leverage (up to 1:1000)
- More regulatory licences (5)
Sarwa
3.5/5
Choose Sarwa if you want…
- Tighter spreads (from 0 pips)
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 & Sarwa are available in
Frequently Asked Questions
1Is XM better than Sarwa?
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Sarwa's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, XM or Sarwa?
XM offers spreads from 0.6 pips, while Sarwa starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for XM vs Sarwa?
XM requires a minimum deposit of $5. Sarwa requires $500.
4Which broker is safer, XM or Sarwa?
XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Sarwa holds licences from DFSA, SEC.
5What trading platforms do XM and Sarwa support?
XM supports MT4, MT5, Proprietary Mobile. Sarwa supports Proprietary Web, Proprietary Mobile.
6Can I use both XM and Sarwa?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
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.
Higher Rated
XM
Capital at risk · T&Cs apply