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Alpari International vs XM

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

AI
Alpari International
Est. 1998 · Port Louis, Mauritius
7.1
VS
X
XM
Est. 2009 · Limassol, Cyprus
8.7

CFD risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs.

Quick Verdict

Alpari International
0 categories won
Tied
0 categories
XM
7 categories won

XM scores higher overall at 8.7/10 vs 7.1/10.

Score Comparison

OverallXM wins
Alpari International7.1
XM8.7
Fees & CostsXM wins
Alpari International6.9
XM8.2
PlatformsXM wins
Alpari International7.0
XM8.0
RegulationXM wins
Alpari International5.6
XM9.0
ExecutionXM wins
Alpari International7.2
XM8.3
SupportXM wins
Alpari International6.8
XM9.2
EducationXM wins
Alpari International6.7
XM9.5
InstrumentsXM wins
Alpari International7.1
XM8.5

Trading Conditions

ConditionAlpari InternationalXM
Min Deposit$5$5
EUR/USD Spread1.00.6 pips (Ultra Low), 1.6 pips (Standard)
Commissionvaries by accountNone
Leverage (Retail)1:100030:1
Leverage (Pro)1:1000500:1
Swap-FreeYesYes
Withdrawal FeeFreeFree

Platform Comparison

Alpari International Platforms

  • MT4
  • MT5
Account Types:

Standard, Pro, Raw

XM Platforms

  • MetaTrader 4
  • MetaTrader 5
  • XM App
Account Types:

Micro, Standard, Ultra Low, Shares

Regulation & Safety

Alpari International Regulation

FSCMauritius
ESMA CompliantNo
Neg. Balance ProtectionNo
Segregated FundsYes
Compensation Scheme

None

XM Regulation

CySECCyprusASICAustraliaIFSCBelize
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

Overall Verdict

WinnerXM8.7

XM takes the overall win with a score of 8.7 vs 7.1, winning 7 out of 7 individual categories compared to Alpari International's 0.

In terms of costs, XM also leads on fees. On the regulatory front, XM and offers stronger regulatory protection.

Choose XM if you prioritise its strengths in the categories where it leads. Choose Alpari International if you value the specific areas where it scores higher, such as its specific use case.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.