Plus500 vs XM
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Risk warnings for this comparison
Plus500: 80% 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 8.1/10.
Score Comparison
Trading Conditions
| Condition | Plus500 | XM |
|---|---|---|
| Min Deposit | €100 | $5 |
| EUR/USD Spread | 0.8 pips typical | 0.6 pips (Ultra Low), 1.6 pips (Standard) |
| Commission | No commissions & tight spreads; additional fees may apply | None |
| Leverage (Retail) | 30:1 | 30:1 |
| Leverage (Pro) | 300:1 | 500:1 |
| Swap-Free | No | Yes |
| Withdrawal Fee | Free | Free |
Platform Comparison
Plus500 Platforms
- Risk-free demo account
- Plus500 Platform
- Plus500 App
Retail, Professional
XM Platforms
- MetaTrader 4
- MetaTrader 5
- XM App
Micro, Standard, Ultra Low, Shares
Regulation & Safety
Plus500 Regulation
CySEC
FCA
ASICICF up to EUR 20,000
XM Regulation
IFSCICF up to EUR 20,000
Overall Verdict
XM takes the overall win with a score of 8.7 vs 8.1, winning 5 out of 7 individual categories compared to Plus500's 1.
In terms of costs, XM also leads on fees. On the regulatory front, XM though Plus500 has a regulatory edge.
Choose XM if you prioritise its strengths in the categories where it leads. Choose Plus500 if you value the specific areas where it scores higher, such as regulation.
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.