CMC Markets vs XM
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Quick Verdict
CMC Markets scores higher overall at 8.9/10 vs 8.7/10.
Score Comparison
Trading Conditions
| Condition | CMC Markets | XM |
|---|---|---|
| Min Deposit | None | $5 |
| EUR/USD Spread | 0.7 pips average | 0.6 pips (Ultra Low), 1.6 pips (Standard) |
| Commission | None (spread-only) | None |
| Leverage (Retail) | 30:1 | 30:1 |
| Leverage (Pro) | 500:1 | 500:1 |
| Swap-Free | No | Yes |
| Withdrawal Fee | Free | Free |
Platform Comparison
CMC Markets Platforms
- Next Generation Platform
- MetaTrader 4
CFD, Spread Betting (UK), Stockbroking
XM Platforms
- MetaTrader 4
- MetaTrader 5
- XM App
Micro, Standard, Ultra Low, Shares
Regulation & Safety
CMC Markets Regulation
ICF up to EUR 20,000
XM Regulation
ICF up to EUR 20,000
Overall Verdict
CMC Markets takes the overall win with a score of 8.9 vs 8.7, winning 5 out of 7 individual categories compared to XM's 2.
In terms of costs, CMC Markets also leads on fees. On the regulatory front, CMC Markets and offers stronger regulatory protection.
Choose CMC Markets if you prioritise its strengths in the categories where it leads. Choose XM if you value the specific areas where it scores higher, such as support and education.
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.