From 0.2 pips (Commission), from 0.8 pips (Standard)
- Published fee
- From 0.2 pips (Commission), from 0.8 pips (Standard)
- Minimum deposit
- 100 $
- Inactivity
- $15/month after 12 months of inactivity
Broker comparison
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Platforms, products and fees side by side.
Updated: October 2026
See comparisonSummary
Forex.com has a higher rating of 4.2/5 compared to XM (4.1/5). XM offers 7 instrument types, while Forex.com offers 5. The minimum deposit is lower at XM with 5 $. Forex.com has been in the market since 2001, making it the more experienced provider. On spreads, Forex.com offers EUR/USD from 0.8 pip (Standard), 0.2 pip (RAW) + $5.00 per lot, while XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot.
Established US forex broker with global reach
Award-winning broker with extensive educational offerings
At a glance
| Criterion | ||
|---|---|---|
| Platforms | Forex.com Web, Forex.com App, MT4, MT5, TradingView | MT4, MT5, XM App |
| Product types | Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs | Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs |
| Options trading | No | No |
| Fee model | From 0.2 pips (Commission), from 0.8 pips (Standard) | From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero) |
| Minimum deposit | 100 $ | 5 $ |
| Regulation | FCA/NFA/ASIC | CySEC/ASIC/DFSA |
| More information | Details | Details |
Forex.com Web, Forex.com App, MT4, MT5, TradingView
MT4, MT5, XM App
Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs
Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
No
No
From 0.2 pips (Commission), from 0.8 pips (Standard)
From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
100 $
5 $
FCA/NFA/ASIC
CySEC/ASIC/DFSA
Product access and costs depend on market, account and permissions.
Detailed comparison
Compare total costs, not just the order fee.
The relevant costs depend on market, currency, order size and trading style.
Order type, venue and liquidity affect execution.
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Provider informationCheck the provider’s execution policy and available order types for your account.
Provider informationCategories come from broker profiles. Check specific markets and permissions before deciding.
Forex.com Web · Forex.com App · MT4 · MT5 · TradingView
Forex.com offers its own powerful web platform and app with advanced charting tools and integrated analyses. MetaTrader 4 and MetaTrader 5 are available for classic Forex trading with EA support. The TradingView integration enables trading directly from the popular charting software. The proprietary platform provides performance analytics, Trading Central signals, and a comprehensive research center.
Explore platformMT4 · MT5 · XM App
XM offers MetaTrader 4 and MetaTrader 5 as main platforms, complemented by the proprietary XM App for mobile trading. MT4 excels through stability and broad EA support, while MT5 offers enhanced analytical tools and more timeframes. The XM App provides quick access to all trading accounts and integrates market news and analyses. All platforms support trading across over 1,000 instruments.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
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Established US forex broker with global reach
Award-winning broker with extensive educational offerings
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Established US forex broker with global reach
Open accountRead reviewAward-winning broker with extensive educational offerings
Open accountRead reviewThe guides worth reading before your first trade, whichever of the two you choose.