eToro vs XM
Updated
Limited data: eToro has 3 and XM has 8 of 12 comparable fields verified (we need 7 each for a full comparison). Treat this page as incomplete.
Key differences
- eToro has a stronger best regulator (Tier 1) than XM (Tier 2).
- Only eToro lists: FCA, CySEC, FSRA, ASIC, MAS, SEC.
- Only XM lists: FSC (Belize), FSC (Mauritius), FSCA, CMA (Kenya).
- XM offers MT4, MT5; eToro does not list them.
- XM confirms a swap-free account; eToro does not confirm it on its site.
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| Field | eToro | XM |
|---|---|---|
| Score | Provisional (limited data) | 73.1/100 |
| Regulators | FCA, CySEC, FSRA, ASIC, FSA (Seychelles), MAS, SEC | FSC (Belize), FSA (Seychelles), FSC (Mauritius), FSCA, CMA (Kenya) |
| Founded | Not verified | Not verified |
| Platforms | ProprietaryeToro app and web. | MT4, MT5, ProprietaryXM App. |
| Minimum deposit | Not verified | $5 |
| Raw commission / side (advertised) | Not verified | Not verified |
| Spread from, no-commission account (advertised) | Not verified | 0.80Site-wide "as low as 0.8 pips"; not account- or pair-specific. |
| Measured EUR/USD spread | Not yet tested | Not yet tested |
| Max. leverage | Not verified | Not verified |
| Copy trading | YesCopyTrader. | YesXM Copy Trading. |
| Swap-free / Islamic | Not confirmed | Yes"Islamic option as standard" on all accounts. |
| Deposit methods | Not verified | Not verified |
| Restricted-country list | Not found | 4 listed (partial)Plus "other sanctioned countries". |
| Visit |
Sources for each value are on the individual broker pages. Data verified 11 Oct 2026.
Risk warning: CFDs and leveraged forex are complex instruments and carry a high risk of losing money rapidly due to leverage. Most retail accounts lose money. Only trade with money you can afford to lose. Nothing on this site is investment advice. Read the full risk warning.