FXTM vs XM
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Last updated: 29 May 2026
Tier-1 regulated only. We only list brokers regulated by FCA, CySEC, BaFin, ASIC, or equivalent tier-1 regulators.
Risk warnings for this comparison
FXTM: 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Quick Verdict
XM scores higher overall at 8.7/10 vs 8.4/10.
Score Comparison
Trading Conditions
| Condition | FXTM | XM |
|---|---|---|
| Min Deposit | $10 | $5 |
| EUR/USD Spread | 0.0 pips (ECN Zero), 0.1 pips (ECN), 1.5 pips (Standard) | 0.6 pips (Ultra Low), 1.6 pips (Standard) |
| Commission | None (ECN Zero), $2 per lot per side (ECN), None (Standard) | None |
| Leverage (Retail) | Up to 1:30 | Up to 1:30 |
| Leverage (Pro) | 500:1 | 500:1 |
| Swap-Free | Yes | Yes |
| Withdrawal Fee | Free for most methods; varies by region | Free |
Platform Comparison
FXTM Platforms
- MetaTrader 4
- MetaTrader 5
- FXTM Trader
Standard, ECN, ECN Zero, Stocks
XM Platforms
- MetaTrader 4
- MetaTrader 5
- XM App
Micro, Standard, Ultra Low, Shares
Regulation & Safety
FXTM Regulation
FCA
FSCANone at EU level — FXTM surrendered its CySEC licence (185/12) in May 2024 and no longer serves EU retail clients
XM Regulation
CySEC
IFSCICF up to EUR 20,000
Overall Verdict
XM takes the overall win with a score of 8.7 vs 8.4, winning 3 out of 7 individual categories compared to FXTM's 2.
In terms of costs, though FXTM edges ahead on fees. On the regulatory front, XM with both offering comparable regulatory protection.
Choose XM if you prioritise its strengths in the categories where it leads. Choose FXTM if you value the specific areas where it scores higher, such as fees & costs and execution.
73% of retail CFD accounts lose money.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.