XM
UOB Kay Hian
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and UOB Kay Hian depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while UOB Kay Hian operates from Singapore. UOB Kay Hian has the longer track record, established in 1973, 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
UOB Kay Hian
XM is the better choice overall, scoring 3.9/5 vs 3.3/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
XM
3.9 vs 3.3
Lowest Fees
UOB Kay Hian
0.6 vs 0 pips
Regulation
XM
3 vs 2 licences
Min. Deposit
UOB Kay Hian
$5 vs $0
XM
WinnerUOB Kay Hian
XM
UOB Kay Hian
XM holds licences from ASIC, FCA, CySEC. UOB Kay Hian is regulated by MAS, SFC.
Both brokers offer access to Forex, Stocks, Indices markets. XM additionally covers Cfd, Commodities. UOB Kay Hian adds Etf.
On spreads, UOB Kay Hian is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE. Both brokers are available on Proprietary Mobile.
XM requires a minimum deposit of $5, while UOB Kay Hian sets no minimum deposit. This makes UOB Kay Hian accessible to traders with any budget.
BrokerRank scores XM at 3.92/5 and UOB Kay Hian at 3.31/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. XM leads overall with a clear advantage.
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs UOB Kay Hian's 3.3/5. 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 UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. UOB Kay Hian requires $0.
XM is regulated by CySEC, ASIC, FCA, while UOB Kay Hian holds licences from MAS, SFC.
XM supports MT4, MT5, Proprietary Mobile. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.
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.