XM
Windsor Brokers
VS
Higher Rated
XM
Capital at risk · T&Cs apply
Choosing between XM and Windsor Brokers depends on your trading style, preferred markets, and budget. XM is headquartered in Limassol, Cyprus. Windsor Brokers has the longer track record, established in 1988, 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
Windsor Brokers
XM is the better choice overall, scoring 3.9/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Windsor Brokers offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
XM
3.9 vs 3.2
Lowest Fees
Windsor Brokers
0.6 vs 0 pips
Regulation
XM
3 vs 2 licences
Min. Deposit
Windsor Brokers
$5 vs $100
XM
WinnerWindsor Brokers
XM
Windsor Brokers
XM holds licences from ASIC, FCA, CySEC. Windsor Brokers is regulated by CySEC, FSA.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, Windsor Brokers is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at XM.
XM supports MT4, MT5, Proprietary Mobile. Windsor Brokers offers MT4, MT5. Both brokers are available on MT4, MT5.
XM requires a minimum deposit of $5, while Windsor Brokers sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
BrokerRank scores XM at 3.92/5 and Windsor Brokers at 3.21/5, 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 Windsor Brokers'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 Windsor Brokers starts at 0 pips. Check the fees section above for a full breakdown.
XM requires a minimum deposit of $5. Windsor Brokers requires $100.
XM is regulated by CySEC, ASIC, FCA, while Windsor Brokers holds licences from CySEC, FSA.
XM supports MT4, MT5, Proprietary Mobile. Windsor Brokers supports MT4, MT5.
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.