ThinkMarkets vs XM
Updated
Limited data: ThinkMarkets has 7 and XM has 8 of 12 comparable fields verified (we need 7 each for a full comparison). Treat this page as incomplete.
Key differences
- ThinkMarkets has a stronger best regulator (Tier 1) than XM (Tier 2).
- Only ThinkMarkets lists: Saint Lucia reg., CySEC.
- Only XM lists: FSC (Belize), FSC (Mauritius), FSCA, CMA (Kenya).
- ThinkMarkets offers TradingView; XM does not list it.
- XM confirms copy trading; ThinkMarkets does not confirm it on its site.
- XM confirms a swap-free account; ThinkMarkets does not confirm it on its site.
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| Field | ThinkMarkets | XM |
|---|---|---|
| Score | Provisional (limited data) | 73.1/100 |
| Regulators | FSA (Seychelles), Saint Lucia reg., CySEC | FSC (Belize), FSA (Seychelles), FSC (Mauritius), FSCA, CMA (Kenya) |
| Founded | 2010 | Not verified |
| Platforms | MT4, MT5, TradingView, ProprietaryThinkTrader. | 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 | 1:5000"Dynamic leverage up to". | Not verified |
| Copy trading | Not confirmed | YesXM Copy Trading. |
| Swap-free / Islamic | Not confirmed | Yes"Islamic option as standard" on all accounts. |
| Deposit methods | Bank wire, Visa, Mastercard, Skrill, Neteller, SWIFT, Apple Pay, Google Pay, Crypto | Not verified |
| Restricted-country list | 10 listed (partial)Site "not directed" at residents of these. | 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.