Regulated
Lowest entry
The easiest
account to open
and to leave.
Five dollars in, no commission, and a support desk that answers. Costs sit mid-table.
We don't link to XM from your region, because it doesn't serve retail clients here through a locally regulated company. You can still read our full review. XM serves EU and Australian clients through local entities. UK retail clients are served only through its sister brand, Trading.com.
We don't link to brokers from the US or Canada, because retail CFD trading isn't offered to residents there. You can still read our full review.
We don't link to brokers from your country. You can still read our full review.
Account links appear once we can confirm your region. You can still read our full review. XM serves EU and Australian clients through local entities. UK retail clients are served only through its sister brand, Trading.com.
You open directly with the broker — we never take your documents or your money.
Micro lots, a five-dollar minimum and commission-free standard accounts, with MetaTrader done plainly.
XM is built for starting small. Five dollars opens it, the standard accounts are commission-free, and support answers in minutes in about thirty languages. You pay for that in the spread, which sits mid-table on all-in cost, and in platform choice: MetaTrader or nothing.
How the score adds up
75.12% of retail accounts lose money — Trading Point of Financial Instruments Limited, EU.
One of the lowest minimums in the index, with the same pricing as a funded account.
Live chat in about 30 languages, answered in minutes, seven days a week.
No cTrader, no TradingView integration, no proprietary platform.
Commission-free isn't free. On the standard accounts the markup sits in the spread.
What each account costs you
All-in cost: $8.00 per standard lot — spread plus commission, on the cheapest account.
At 5 lots a month, that's about $480 a year in trading costs.
- Typical spread
- 1.6 pips
- Commission
- $0/lot
- Swap (long/short)
- −1.1 / −0.1
- Commission
- $0/lot
- Typical spread
- 0.1 pips
- Commission
- $7/lot
- Swap (long/short)
- −1.1 / −0.1
Where and how you trade
MT4 · MT5 · XM app
Open XM if…
- You are opening a first account with a small balance.
- You want support in your own language.
- Micro lots matter more than the last tenth of a pip.
- MetaTrader is all the platform you need.
Which entity holds your money
Same brand, different legal entity depending on where you sign up — each carries its own regulator and protections.
Where you can open an account: Australia, European Union, Everywhere else
- Registration
- AFSL 443670 · ACN 164 367 113
- Regulator
- ASIC 443670
- Registration
- Licence 120/10 · HE 251334
- Regulator
- CySEC 120/10
- Registration
- Varies by residence
- Regulator
- FSC Belize · FSA Seychelles · FSCA
- Licence summary
- CySEC (120/10) · ASIC (443670) · DFSA (F003484) · FSCA · FSC Belize · FSC Mauritius · FSA Seychelles
- Compensation scheme
- EU: ICF up to €20k · AU: no statutory compensation scheme · GL: none
Every number, checked
- Max. leverage
- Retail up to 1:30 (CySEC/ASIC); up to 1:1000 (offshore)
- EUR/USD spread & commission
- Standard: ~1.6 pips, no commission; Ultra Low: ~1.0–1.1 pip typical; Zero (EU only): ~0.1 pips + $7 round-turn
- Platforms
- MT4 · MT5 · XM app
- Mobile
- iOS; Android
- Hedging
- Available
- Scalping
- Available
Specs verified 21 Sep 2026
The day-to-day
- Support
- 24/5 multilingual
- Demo account
- 90 days
- Withdrawal payout
- 1 business day
Ready for XM?
Application, ID check, first deposit. Most people finish in one sitting.
Continue to XM →