Head to head · data verified August 2026

XTB vs XM

XTB wins our overall scoring by 0.6 points, but XM still takes specific profiles.

XTB
Beginners · European stock investors
8.8
Visit XTBRead the review
XM
Bonus seekers · Small starting balances
8.2
Visit XMRead the review

Pillar scores

XTBXM
FeesXTB
8.98.1
PlatformsXTB
9.18.0
Trust & regulationXTB
9.08.0
Market rangeXTB
8.58.0
SupportXM
8.68.9

Side by side

CriterionXTBXM
Overall score8.88.2
Founded20022009
RegulationFCA (UK), KNF (PL), CySEC (EU), DFSA (AE)CySEC (EU), ASIC (AU), DFSA (AE), FSC (BZ)
Min. deposit$0$5
Fees0% commission on stocks/ETFs up to €100k monthly volume; forex spreads from 0.5 pipsUltra Low account: spreads from 0.6 pips, no commission; Zero account: from 0.0 pips + commission
PlatformsxStation 5, xStation mobileMetaTrader 4, MetaTrader 5, XM mobile app
Markets6,700+ instruments: real stocks & ETFs, forex, indices, commodities CFDs1,000+ instruments: forex, stock CFDs, indices, commodities, metals, energies
Demo accountYesYes
Best forBeginners, European stock investors, Forex tradersBonus seekers, Small starting balances, Emerging markets

Our verdict

Choose XTB if you want beginners · european stock investors · forex traders — its standout pillar in our scoring is platforms.

Choose XM if you want bonus seekers · small starting balances · emerging markets.

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.

Frequently asked questions

Which is better, XTB or XM?

XTB scores higher overall in our methodology (8.8 vs 8.2). XM can still be the better pick for bonus seekers.

Is XTB safe?

XTB is overseen by FCA (UK), KNF (PL), CySEC (EU), DFSA (AE). Our trust score for it is 9.0/10 — see the full XTB review for the reasoning.

Is XM safe?

XM is overseen by CySEC (EU), ASIC (AU), DFSA (AE), FSC (BZ). Our trust score for it is 8.0/10 — see the full XM review for the reasoning.