XM
XM
Editor's Pick5.0 out of 5 (431 reviews)
XM is a well-established broker popular with beginners for its very low minimum deposit, extensive educational content, and consistent bonus/loyalty promotions across MT4 and MT5.
CySECASICFCA
$5
Min Deposit
1:1000
Max Leverage
1.0 pips
Spread From
2009
Founded
Account Types
Standard
Spread-only pricing suited to casual traders.
- Spread
- From market average
- Commission
- $0
- Price
- No commission
Raw/ECN
Tighter raw spreads plus a commission, suited to active/scalping traders.
- Spread
- From 0.0 pips
- Commission
- $7 round turn
- Price
- $3.5 per lot per side
Pros
- Very low $5 minimum deposit
- Extensive free education and webinars
- Negative balance protection
- Wide range of account types
Cons
- Higher spreads on standard accounts
- High leverage can be risky for beginners
Frequently Asked Questions
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