Broker comparison

Forex.com vs.
XM

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

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

The key differences

Criterion
PlatformsForex.com Web, Forex.com App, MT4, MT5, TradingViewMT4, MT5, XM App
Product typesForex, Indices, Commodities, Stocks CFDs, Crypto CFDsForex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
Options tradingNoNo
Fee modelFrom 0.2 pips (Commission), from 0.8 pips (Standard)From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Minimum deposit100 $5 $
RegulationFCA/NFA/ASICCySEC/ASIC/DFSA
More informationDetailsDetails

Platforms

Forex.com

Forex.com Web, Forex.com App, MT4, MT5, TradingView

XM

MT4, MT5, XM App

Product types

Forex.com

Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs

XM

Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs

Options trading

Forex.com

No

XM

No

Fee model

Forex.com

From 0.2 pips (Commission), from 0.8 pips (Standard)

XM

From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)

Minimum deposit

Forex.com

100 $

XM

5 $

Regulation

Forex.com

FCA/NFA/ASIC

XM

CySEC/ASIC/DFSA

More information

Forex.com

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

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
See terms at provider

From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)

Published fee
From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Minimum deposit
5 $
Inactivity
$5/month after 90 days of inactivity
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexIndicesCommoditiesStocks CFDsCrypto CFDs
ForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

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.

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MT4 · 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 platform

Regulation & security

FCA/NFA/ASIC

Regulatory information

CySEC/ASIC/DFSA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Established US forex broker with global reach

  • Over 20 years of experience
  • NFA-regulated (US broker)
  • TradingView integration
  • No real stocks
  • Inactivity fee after 12 months

Award-winning broker with extensive educational offerings

  • Over 1,000 tradable instruments
  • Extensive webinars and education
  • Low minimum deposit ($5)
  • CFD trading only
  • Inactivity fee after 90 days

Find the broker that fits

Forex.com oder XM?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Forex.com and XM?
Forex.com: From 0.2 pips (Commission), from 0.8 pips (Standard). XM: From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Forex.com or XM?
Forex.com offers Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs. XM offers Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs.
How are Forex.com and XM regulated?
The broker profiles list FCA/NFA/ASIC for Forex.com and CySEC/ASIC/DFSA for XM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Forex.com or XM better for beginners?
Forex.com lists a 100 $ minimum deposit and offers Forex.com Web, Forex.com App, MT4, MT5, TradingView. XM lists 5 $ and offers MT4, MT5, XM App. Compare usability, available products and costs for your intended use.
Forex.com vs XM: Which broker is better overall?
The choice between Forex.com (4.2/5, 1300 reviews) and XM (4.1/5, 1800 reviews) depends on your needs. Forex.com: Established US forex broker with global reach. XM: Award-winning broker with extensive educational offerings.
How do spreads compare between Forex.com and XM?
Forex.com offers typical spreads of EUR/USD from 0.8 pip (Standard), 0.2 pip (RAW) + $5.00 per lot. XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot. Tighter spreads reduce trading costs especially for active trading.
Do Forex.com or XM charge an inactivity fee?
Forex.com: $15/month after 12 months of inactivity. XM: $5/month after 90 days of inactivity.

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