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), DFSA (AE), FSC (BZ), FSC (MU), FSA (SC)
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 clients get none of the promotions the brand is known for, and there is no FCA-authorised XM entity for UK residents

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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