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$5
From 0.6 pips
Up to 1:1000
MT4, MT5, XM App
Micro, Standard, Shares, Islamic
Founded in 2009, XM has grown into one of the most recognized Forex and CFD brokers globally, serving over 5 million clients in 190+ countries. Known for its low entry requirements, strong educational resources, and wide range of instruments, XM is especially popular among beginners but also provides advanced features for experienced traders.
XM is a well-regulated broker, operating under multiple respected authorities:
| Regulator | Entity | Region |
|---|---|---|
| ASIC – Australian Securities and Investments Commission | XM Australia | Australia |
| CySEC – Cyprus Securities and Exchange Commission | XM EU | Europe |
| IFSC – International Financial Services Commission | XM Global | International clients |
| DFSA – Dubai Financial Services Authority | XM MENA | Middle East |
👉 This regulatory framework ensures segregated client funds and negative balance protection.
The minimum deposit is just $5, making XM one of the most accessible brokers in the market.
This low requirement makes XM especially appealing for new traders.
XM offers multiple account types to suit different trading needs:
| Account Type | Spreads | Commission | Best For |
|---|---|---|---|
| Micro Account | From 1.0 pips | None | Beginners / small-scale traders |
| Standard Account | From 1.0 pips | None | Regular traders |
| Ultra Low Account | From 0.6 pips | None | Cost-conscious traders |
| Shares Account | Market spreads | Variable | Stock trading enthusiasts |
| Islamic (Swap-Free) | Same as above | None | Muslim traders |
Standard/Micro Accounts: Spreads from 1.0 pips, no commission.
Ultra Low Account: Spreads from 0.6 pips, no commission.
Shares Account: Variable market spreads with no leverage.
👉 XM is known for transparent, commission-free pricing.
Up to 1:1000 for international clients.
Up to 1:30 for EU/AU retail clients (due to regulations).
XM provides access to:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
XM Mobile App (for trading on the go)
XM offers a wide selection of instruments:
Forex: 55+ currency pairs
Indices: Major global indices
Commodities: Gold, Silver, Oil, Gas
Shares: 1,000+ global stocks
Cryptocurrencies: Major cryptos including BTC, ETH, XRP
Minimum Deposit: $5
Payment Methods: Bank transfers, Visa/Mastercard, Skrill, Neteller, and local options.
Processing: Most deposits are instant, withdrawals within 1–2 business days.
No fees charged by XM on funding.
XM is considered one of the best brokers for education, offering:
Free daily webinars & seminars
Video tutorials & trading courses
Market analysis & signals
Demo accounts for practice
Trustpilot Score: 4.4/5 (based on thousands of reviews)
Overall User Rating: ⭐⭐⭐⭐½ (4.5/5)
Minimum Deposit: $5
Regulation: ASIC, CySEC, IFSC, DFSA
Spreads: From 0.6 pips (Ultra Low) / 1.0 pips (Standard & Micro)
Leverage: Up to 1:1000 (international) / 1:30 (EU/AU retail)
Platforms: MT4, MT5, XM App
Account Types: Micro, Standard, Ultra Low, Shares, Islamic
Commission: None on most accounts
Instruments: Forex, Indices, Commodities, Shares, Crypto
XM is an excellent broker for beginners and intermediate traders, thanks to its low $5 deposit, educational resources, and simple pricing structure. While professionals may prefer brokers like IC Markets or Pepperstone for raw spreads, XM remains one of the best entry-level brokers in the world.
📌 Best For: Beginners, low-budget traders, and those seeking strong education.
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