XM vs Webull 2026: Which Broker is Better?
Choosing between XM and Webull depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus, while Webull operates from New York, USA. XM has the longer track record, established in 2009, compared to Webull 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
Webull
| XM | Webull | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:4 |
| Regulation | CySEC, DFSA, FSC ✓ | SEC, FCA |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
XM is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Webull offers lower spreads (0 pips).
See full side-by-side comparison belowXM vs Webull: Key Differences
XM
Webull
WinnerFees Comparison
XM
Webull
Lower feesRegulation & Trust
XM holds licences from ASIC, FCA, CySEC. Webull is regulated by SEC, FCA.
Markets & Assets
Both brokers offer access to Forex, Stocks, Indices markets. XM additionally covers Cfd, Commodities. Webull adds Crypto.
Fees & Spreads
On spreads, Webull 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. Webull offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
XM requires a minimum deposit of $5, while Webull sets no minimum deposit. This makes Webull accessible to traders with any budget.
Overall Ratings
BrokerRank scores XM at 3.92/5 and Webull at 3.58/5, 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)
- Higher leverage (up to 1:1000)
- More regulatory licences (5)
- More market types (5)
Webull
3.6/5
Choose Webull if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
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 & Webull are available in
Frequently Asked Questions
1Is XM better than Webull?
XM scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs Webull's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, XM or Webull?
XM offers spreads from 0.6 pips, while Webull starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for XM vs Webull?
XM requires a minimum deposit of $5. Webull requires $0.
4Which broker is safer, XM or Webull?
XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while Webull holds licences from SEC, FCA.
5What trading platforms do XM and Webull support?
XM supports MT4, MT5, Proprietary Mobile. Webull supports Proprietary Web, Proprietary Mobile.
6Can I use both XM and Webull?
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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
XM
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