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XM

4.3
Est. 2009 · Cyprus
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Overview

XM is one of the most popular retail forex brokers, serving millions of clients across 196 countries. The $5 minimum deposit and micro accounts make it ideal for beginners. XM offers leverage up to 1:888 and a variety of account types including Micro, Standard, Ultra Low, and Shares accounts. Regulated by ASIC, CySEC, and DFSA, XM maintains strong regulatory compliance. The broker frequently offers deposit bonuses and loyalty programs.

Advantages

  • Micro accounts with just $5 minimum deposit
  • Up to 1:888 leverage
  • Regular bonuses and promotions

Disadvantages

  • Higher spreads starting from 0.6 pips
  • No cTrader platform

Key Specifications

Min Deposit$5
Spreads0.6 pips
Max Leverage1:888
RegulationASIC, CySEC, DFSA
HeadquartersCyprus
Founded2009
PlatformsMetaTrader 4, MetaTrader 5
Account TypesMicro, Standard, Ultra Low, Shares
Deposit MethodsBank Transfer, Credit Card, Skrill, Neteller

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