XM
Global forex broker with micro accounts from $5, 1000+ instruments, and award-winning education and research content.
Quick Facts
- Starting Price
- $5/mo
- Free Tier
- Yes
- Founded
- 2009
- Company
- Trading Point Holdings Ltd.
XM Overview
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.
XM Pricing
Micro
- ✓ $5 minimum deposit
- ✓ 1K lot size
- ✓ 1.6 pip EUR/USD
- ✓ No commissions
- ✓ MT4/MT5
Standard
- ✓ $5 minimum deposit
- ✓ 100K lot size
- ✓ 1.6 pip EUR/USD
- ✓ No commissions
XM Zero
- ✓ $100 minimum deposit
- ✓ 0.0 pip spreads
- ✓ $3.50/side/lot
- ✓ Raw pricing
Features
Pros & Cons
Pros
- + $5 minimum deposit with micro lots
- + Award-winning education and research
- + 10M+ clients globally shows trust
- + Negative balance protection on all accounts
Cons
- - Not available to US residents
- - Spreads on Micro/Standard above average
- - Limited cryptocurrency selection
- - Withdrawal processing can take 2-5 days
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ $5 minimum deposit with micro lots
- ✓ Award-winning education and research
- ✓ 10M+ clients globally shows trust
- ✓ Negative balance protection on all accounts
- ★ Rated 4.1/5 — best for forex beginners, micro account traders, education-seeking traders
- $ Starts at $5/month (free tier also available)
Summary
Global forex broker with micro accounts from $5, 1000+ instruments, and award-winning education and research content. Plans start at $5/month. Best suited for forex beginners, micro account traders, and education-seeking traders.
Compare XM
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