XM
Vanguard UK
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Vanguard UK depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Vanguard UK operates from London, UK. XM has the longer track record, established in 2009, compared to Vanguard UK 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
Vanguard UK
XM is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Vanguard UK offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
XM
3.9 vs 3.2
Lowest Fees
Vanguard UK
0.6 vs 0 pips
Regulation
XM
3 vs 1 licences
Min. Deposit
XM
$5 vs $500
XM
WinnerVanguard UK
XM
Vanguard UK
Lower feesXM holds licences from ASIC, FCA, CySEC. Vanguard UK is regulated by FCA.
Both brokers offer access to Stocks markets. XM additionally covers Forex, Cfd, Indices, Commodities. Vanguard UK adds Etf.
On spreads, Vanguard UK is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Vanguard UK offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
XM requires a minimum deposit of $5, while Vanguard UK sets a minimum deposit of $500. Both are suitable for traders with moderate starting capital.
BrokerRank scores XM at 3.92/5 and Vanguard UK at 3.19/5, 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 Vanguard UK's 3.2/5. 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 Vanguard UK starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Vanguard UK requires $500.
XM is regulated by CySEC, ASIC, FCA, while Vanguard UK holds licences from FCA.
XM supports MT4, MT5, Proprietary Mobile. Vanguard UK supports Proprietary Web, Proprietary Mobile.
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.