XM
Webull
VS
Higher Rated
XM
Capital at risk · T&Cs apply
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, ASIC, FCA ✓ | 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
Webull
XM
Webull
Lower feesXM holds licences from ASIC, FCA, CySEC. Webull is regulated by SEC, FCA.
Both brokers offer access to Forex, Stocks, Indices markets. XM additionally covers Cfd, Commodities. Webull adds Crypto.
On spreads, Webull is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Webull offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
XM requires a minimum deposit of $5, while Webull sets no minimum deposit. This makes Webull accessible to traders with any budget.
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.
XM
3.9/5
Choose XM if you want…
Webull
3.6/5
Choose Webull if you want…
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.
XM offers spreads from 0.6 pips, while Webull starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Webull requires $0.
XM is regulated by CySEC, ASIC, FCA, while Webull holds licences from SEC, FCA.
XM supports MT4, MT5, Proprietary Mobile. Webull 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.