XTB vs XM
Looking for the right fit between XTB and XM? We’ve prepared a broker comparison between XTB and XM, assessing regulatory standing and trust, spreads and fees, platforms and tools, tradable instruments, account types, funding and withdrawals, and other key details so you can choose confidently.
Who is XTB?
XTB is a global online brokerage founded in 2002, offering access to a wide range of financial instruments. Publicly listed on the Warsaw Stock Exchange, the broker is known for its regulatory oversight, its proprietary trading platform, and competitive pricing, with a strong focus on EU support. The official website of XTB is www.xtb.com.
The minimum deposit to start trading with XTB is $0.
Who is XM?
XM, founded in 2009, is an established global investment firm and a multi-awarded industry leader, with a presence in over 190 countries. The broker is popular for its competitive spreads, user-friendly trading platforms, and daily trading webinars, with a strong focus on global support. The official website of XM is www.xm.com.
The minimum deposit to start trading with XM is $5.
XTB vs XM Side-by-Side Comparison
XTB, established in 2002, is licensed by the FCA (UK), CySEC (Cyprus), FSC (Belize), KNF (Poland) and SCA (Dubai, UAE). The company maintains local offices in Warsaw, London, Berlin, Bratislava, Bucharest, Dubai, Jakarta, Paris, Madrid, Prague, Santiago, Belize City, Limassol and Lisbon and supports trading through its proprietary xStation 5 platform.
The minimum deposit to start trading with XTB is $0, with accounts denominated in USD. The broker operates under a hybrid model (A+B Book). XTB does not provide copy trading. Deposits and withdrawals are supported via credit and debit cards, bank transfers, e-wallets (PayPal, Neteller etc.).
In comparison, XM was founded in 2009 and is regulated by the CySEC (Cyprus), FSC (Belize), FSA (Seychelles), DFSA (UAE) and FSC (Mauritius). The broker has local offices in Limassol, Athens, Dubai and Cape Town. XM offers multiple trading platforms, including MT4, MT5 and XM App.
The minimum deposit accepted by XM is $5, and account base currencies include USD, EUR, JPY, GBP, AUD, CHF, ZAR, HUF, SGD and PLN. The broker operates as a B-Book (market maker) broker and supports copy trading via XM Copy Trading (exclusively outside the EEA). Clients can deposit and withdraw funds through credit and debit cards, international wire transfers, local transfers and e-wallets (Skrill, Neteller, etc.).
XTB vs XM Market Instruments
XTB offers a broad collection of 11,500+ instruments for trading. These include CFDs on forex, stocks, indices, commodities, cryptocurrencies + real stocks and etfs. By the numbers, the selection breaks down to 70+ forex pairs, 6,600+ stocks, 30+ indices, 20+ commodities, and 40+ crypto pairs (cryptos are available exclusively in the EEA).
XM, in contrast, provides access to 1,400+ instruments, featuring CFDs on forex, stocks, equity indices, themathic indices, commodities and cryptocurrencies. A breakdown of market instruments reveals 40+ forex pairs, 1,000+ stocks, 20+ indices, 30+ commodities, and 10+ crypto pairs (cryptos are available exclusively outside the EEA).
XTB vs XM Account Types
XTB vs XM Spreads Comparison
The figures below summarise minimum and average spreads on the standard account for XTB and XM. Spreads can change with market conditions and account type, so it is best to verify current pricing on each broker’s website.
Minimum spreads: XTB quotes EUR/USD with spreads from 0.8 pips compared with XM at 1.6 pips. For GBP/USD, XTB shows 1.7 pips while XM posts 1.8 pips. On USD/CAD, XTB quotes 1.5 pips and XM indicates 2.3 pips. For CAD/JPY, the figures are 4.1 pips at XTB versus 3.4 pips at XM.
Beyond forex, XAU/USD (Gold) starts from $0.3 at XTB and $0.3 at XM, WTI Crude Oil is $0.03 at XTB versus $0.03 at XM, and Bitcoin begins at 0.22% at XTB compared with $60 at XM.
For average spreads: XM reports EUR/USD averages at 2.0 pips, GBP/USD at 2.4 pips, and XAU/USD at $0.45. XTB does not provide data about the average spreads.
XTB vs XM Minimum Spreads Comparison
XTB vs XM Average Spreads Comparison
Costs on Raw/Zero Spread Account
Focusing on costs for raw/zero spread accounts, XTB does not offer raw/zero spread accounts, while XM quotes a minimum spread of 0.0 pips and charges a commission of $3.5 per side per lot. The XM zero spread account is available exclusively in the EEA.
Raw pricing features ultra-tight spreads with commissions. Spreads vary with market conditions. Always check each broker’s website for current fees.
Other Features
XTB vs XM: Wrapping Up the Comparison
XTB and XM are both well-regulated global brokers, founded in 2002 and 2009, respectively. XTB is overseen by the FCA (UK), CySEC (Cyprus), FSC (Belize), KNF (Poland) and SCA (Dubai, UAE), while XM operates with supervision from the CySEC (Cyprus), FSC (Belize), FSA (Seychelles), DFSA (UAE) and FSC (Mauritius).
XTB provides Standard, demo, and Islamic (swap-free) accounts. However, raw/zero spread and copy trading options are not available. The platform available to use is the broker's xStation 5. To open an account, XTB sets a minimum deposit of $0. The broker offers access to 11,500+ instruments in total, and its minimum EUR/USD spread starts from 0.8 pips.
XM also includes a Standard account, supports demo trading, and provides an Islamic (swap-free) option. On top of that, XM offers a zero/raw spread account and additional choices such as Ultra Low and Shares. The broker also provides copy trading via XM Copy Trading. Traders can use various trading platforms, including MT4, MT5 and XM App. The minimum deposit to open an account with XM is $5. The broker gives access to 1,400+ instruments in total, with minimum EUR/USD spreads from 1.6 pips and an average around 2.0 pips.
In short, XTB appeals to traders seeking comprehensive asset coverage, competitive standard account spreads, and strong European regulatory oversight. XM is better suited for traders who prioritise account variety, integrated copy trading, and platform flexibility.
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