Broker comparison

Markets.com vs.
XM

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

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Summary

Your goal decides.

XM has a higher rating of 4.1/5 compared to Markets.com (3.9/5). XM offers 7 instrument types, while Markets.com offers 6. The minimum deposit is lower at XM with 5 $. Markets.com has been in the market since 2008, making it the more experienced provider. On spreads, Markets.com offers EUR/USD from 0.6 pip (typical), no commissions, while XM offers EUR/USD from 1.6 pip (Standard), 0.6 pip (Ultra Low), 0.0 pip (Zero) + $3.50 per lot.

Established CFD broker with comprehensive market offering

Award-winning broker with extensive educational offerings

At a glance

The key differences

Criterion
PlatformsMarkets.com Web, Markets.com App, MT4, MT5MT4, MT5, XM App
Product typesForex, Stocks CFDs, Indices, Commodities, ETFs CFDs, Crypto CFDsForex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
Options tradingNoNo
Fee modelSpread-based, no commissionFrom 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Minimum deposit100 €5 $
RegulationCySEC/FSCACySEC/ASIC/DFSA
More informationDetailsDetails

Platforms

Markets.com

Markets.com Web, Markets.com App, MT4, MT5

XM

MT4, MT5, XM App

Product types

Markets.com

Forex, Stocks CFDs, Indices, Commodities, ETFs CFDs, Crypto CFDs

XM

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

Options trading

Markets.com

No

XM

No

Fee model

Markets.com

Spread-based, no commission

XM

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

Minimum deposit

Markets.com

100 €

XM

5 $

Regulation

Markets.com

CySEC/FSCA

XM

CySEC/ASIC/DFSA

More information

Markets.com

Details

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

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Spread-based, no commission

Published fee
Spread-based, no commission
Minimum deposit
100 €
Inactivity
$10/month after 3 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

ForexStocks CFDsIndicesCommoditiesETFs CFDsCrypto CFDs
ForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs

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

Trading platforms

Markets.com Web · Markets.com App · MT4 · MT5

Markets.com offers its own intuitive web platform and mobile app, characterized by clear layout and easy operation. For advanced traders, MetaTrader 4 and MetaTrader 5 are also available, supporting Expert Advisors, advanced charting features, and algorithmic trading. The Markets.com platform integrates market news and analysis functions directly into the trading interface.

Explore platform

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

CySEC/FSCA

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 CFD broker with comprehensive market offering

  • User-friendly platform
  • No commissions
  • Good selection of educational materials
  • Spreads higher compared to ECN brokers
  • Limited advanced analysis tools

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

Markets.com oder XM?

Side by side. Decided with knowledge.

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

Markets.com3.9
  • User-friendly platform
  • No commissions
  • Good selection of educational materials
XM4.1
  • Over 1,000 tradable instruments
  • Extensive webinars and education
  • Low minimum deposit ($5)
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 Markets.com and XM?
Markets.com: Spread-based, no commission. 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: Markets.com or XM?
Markets.com offers Forex, Stocks CFDs, Indices, Commodities, ETFs CFDs, Crypto CFDs. XM offers Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs.
How are Markets.com and XM regulated?
The broker profiles list CySEC/FSCA for Markets.com and CySEC/ASIC/DFSA for XM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Markets.com or XM better for beginners?
Markets.com lists a 100 € minimum deposit and offers Markets.com Web, Markets.com App, MT4, MT5. XM lists 5 $ and offers MT4, MT5, XM App. Compare usability, available products and costs for your intended use.
Markets.com vs XM: Which broker is better overall?
The choice between Markets.com (3.9/5, 700 reviews) and XM (4.1/5, 1800 reviews) depends on your needs. Markets.com: Established CFD broker with comprehensive market offering. XM: Award-winning broker with extensive educational offerings.
How do spreads compare between Markets.com and XM?
Markets.com offers typical spreads of EUR/USD from 0.6 pip (typical), no commissions. 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 Markets.com or XM charge an inactivity fee?
Markets.com: $10/month after 3 months of inactivity. XM: $5/month after 90 days of inactivity.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise