Forex.com

Forex.com

4.2(1300)

FCA/NFA/ASIC

VS
XM

XM

4.1(1800)

CySEC/ASIC/DFSA

Forex.com vs XM

Head-to-Head Comparison 2026

Our Verdict

Forex.com has a higher rating of 4.2/5 compared to XM (4.1/5). XM offers 7 instrument types, while Forex.com offers 5. The minimum deposit is lower at XM with 5 $. Forex.com has been in the market since 2001, making it the more experienced provider.

Comparison Table

CriteriaForex.comXM
Rating4.2/5 (1300 reviews)4.1/5 (1800 reviews)
RegulationFCA/NFA/ASICCySEC/ASIC/DFSA
FeesFrom 0.2 pips (Commission), from 0.8 pips (Standard)From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero)
Min. Deposit100 $5 $
InstrumentsForex, Indices, Commodities, Stocks CFDs, Crypto CFDsForex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs
PlatformsForex.com Web, Forex.com App, MT4, MT5, TradingViewMT4, MT5, XM App
Options TradingNoNo
Founded20012009
HeadquartersNew JerseyLimassol

Detailed Comparison

Fee Comparison

Forex.com: From 0.2 pips (Commission), from 0.8 pips (Standard). Minimum deposit: 100 $.

XM: From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). Minimum deposit: 5 $.

Product Range

Forex.com (5 categories)

ForexIndicesCommoditiesStocks CFDsCrypto CFDs

XM (7 categories)

ForexStocks CFDsIndicesCommoditiesMetalsEnergiesCrypto CFDs

Trading Platforms

Forex.com

  • Forex.com Web
  • Forex.com App
  • MT4
  • MT5
  • TradingView

XM

  • MT4
  • MT5
  • XM App

Regulation & Security

Forex.com is regulated by FCA/NFA/ASIC (HQ: New Jersey).

XM is regulated by CySEC/ASIC/DFSA (HQ: Limassol).

Who Is It For?

Forex.com

Established US forex broker with global reach

Over 20 years of experience

NFA-regulated (US broker)

TradingView integration

No real stocks

Inactivity fee after 12 months

XM

Award-winning broker with extensive educational offerings

Over 1,000 tradable instruments

Extensive webinars and education

Low minimum deposit ($5)

CFD trading only

Inactivity fee after 90 days

Frequently Asked Questions

Is Forex.com or XM cheaper?
Forex.com charges From 0.2 pips (Commission), from 0.8 pips (Standard). XM charges From 0.6 pips (Standard), from 0.0 pips + $3.50 (XM Zero). The minimum deposit is 100 $ at Forex.com and 5 $ at XM.
Which broker offers more products: Forex.com or XM?
Forex.com offers Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs. XM offers Forex, Stocks CFDs, Indices, Commodities, Metals, Energies, Crypto CFDs.
Which broker is better regulated?
Forex.com is regulated by FCA/NFA/ASIC. XM is regulated by CySEC/ASIC/DFSA.
Is Forex.com or XM better for beginners?
Forex.com has a minimum deposit of 100 $ and offers Forex.com Web, Forex.com App, MT4, MT5, TradingView as platforms. XM has a minimum deposit of 5 $ and offers MT4, MT5, XM App. XM has the lower entry barrier.
Forex.com vs XM: Which broker is better overall?
The choice between Forex.com (4.2/5, 1300 reviews) and XM (4.1/5, 1800 reviews) depends on your needs. Forex.com: Established US forex broker with global reach. XM: Award-winning broker with extensive educational offerings.
Forex.com

Forex.com

Established US forex broker with global reach

Open Account

From 100 $ min. deposit

XM

XM

Award-winning broker with extensive educational offerings

Open Account

From 5 $ min. deposit