FXonlinetradingstrategy
XM

XM

Editor's Pick
5.0 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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