XM

XM is one of the largest global forex and CFD brokers, serving over 10 million clients across 190 countries. The broker is known for its low entry barrier with micro accounts starting from just $5, making it one of the most accessible forex brokers for beginners. XM offers over 1,000 tradable instruments including forex pairs, stocks, commodities, indices, and crypto. The broker provides three account types: Micro (1,000 unit lots), Standard (100,000 unit lots), and XM Zero (raw spreads with commission). All accounts have negative balance protection. XM's education program is one of the most comprehensive in the industry, with daily webinars, video tutorials, seminars, and a research team that publishes regular market analysis. The broker is regulated by multiple authorities including CySEC, ASIC, and FSC.