Broker review ·last updated 2026-08-28

XM

Bonus seekersSmall starting balancesEmerging markets

Bonus-driven broker with a $5 entry point and strong multilingual support.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A majority of retail investor accounts lose money when trading CFDs with this provider.

Founded
2009
Headquarters
Limassol, Cyprus
Regulation
CySEC (EU), ASIC (AU), DFSA (AE), FSC (BZ)
Min. deposit
$5
Fees
Ultra Low account: spreads from 0.6 pips, no commission; Zero account: from 0.0 pips + commission
Platforms
MetaTrader 4, MetaTrader 5, XM mobile app
Markets
1,000+ instruments: forex, stock CFDs, indices, commodities, metals, energies
Demo account
Yes
data verified
August 2026

Score breakdown

Fees8.1
Platforms8.0
Trust8.0
Markets8.0
Support8.9

Scores follow our public methodology — fees 30%, platforms 20%, trust 25%, markets 15%, support 10%. How we score

What we like

  • Genuinely low barrier to entry — accounts open from $5
  • Among the best multilingual support desks in the industry
  • Extensive bonus and loyalty programmes where regulation permits them
  • No requotes and no rejection policy on order execution

What to watch

  • Bonus programmes run through an offshore entity with weaker protections
  • No proprietary platform — MetaTrader only
  • EU and UK clients get none of the promotions the brand is known for

XM currently runs 3 verified promotion(s). We list the conditions and who can claim them. See the offers

This is a data profile verified in August 2026. The full written review is in progress — the facts, scores and pros & cons above already follow our standard methodology.

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