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Pipcompass

FXTM vs XM

Side by side on the facts each broker publishes. Advertised costs are the brokers’ own “from” figures.

Updated

Limited data: FXTM has 9 and XM has 8 of 12 comparable fields verified (we need 7 each for a full comparison). Treat this page as incomplete.

Key differences

  • Only FXTM lists: SCA.
  • Only XM lists: FSC (Belize), FSA (Seychelles).
  • XM has the lower stated minimum deposit ($5 vs $30).
  • XM confirms copy trading; FXTM does not confirm it on its site.

Affiliate disclosure: links marked “Visit” go through our redirect and may earn us a commission from the broker. That never changes the data, the score or check results, which are computed by the same published method for every broker. Full disclosure.

FXTM compared with XM
FieldFXTMXM
Score72.5/10073.1/100
RegulatorsFSC (Mauritius), FSCA, SCA, CMA (Kenya)FSC (Belize), FSA (Seychelles), FSC (Mauritius), FSCA, CMA (Kenya)
FoundedNot verifiedNot verified
PlatformsMT4, MT5, ProprietaryFXTM App.MT4, MT5, ProprietaryXM App.
Minimum deposit$30Micro account.$5
Raw commission / side (advertised)$3.50Advantage, forex.Not verified
Spread from, no-commission account (advertised)0.90Advertised 'from' spread on the lowest-spread commission-free account; not a measured average. (Rewards).0.80Site-wide "as low as 0.8 pips"; not account- or pair-specific.
Measured EUR/USD spreadNot yet testedNot yet tested
Max. leverage1:5000Floating; Rewards Plus and Rewards.Not verified
Copy tradingNot confirmedYesXM Copy Trading.
Swap-free / IslamicYesRewards Plus, Rewards, Advantage.Yes"Islamic option as standard" on all accounts.
Deposit methodsNot verifiedNot verified
Restricted-country list17 listed (partial)4 listed (partial)Plus "other sanctioned countries".
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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.