AMarketsvs
XMForex Broker Comparison
AMarkets and XM clash on regulation, fees, and platform depth, showcasing a tension between cost transparency and regulatory pedigree.
Our Verdict
XM winsby 0.5 pts
XM edges AMarkets on the editorial score, while AMarkets remains competitive on platforms and pricing clarity.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Top-tier regulator: XM is regulated by CySEC, ASIC, KNF, ASF, FSC; AMarkets uses SVG FSA.
- 2Inactivity fee: AMarkets has none; XM charges an inactivity fee.
- 3Instruments: XM offers about 1,400; AMarkets 250.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
AMarkets offers tighter spreads from 0.00 pips vs 0.60 pips for XM, reducing trading costs.
Best for safety & regulation
Recommended
AMarkets vs XM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.3 / 5▲ |
AMarkets vs XM Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
AMarkets
criteria wins
4
XM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | XM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AMarkets vs XM: Frequently Asked Questions
XM rates 4.3/5 versus 3.8/5 for AMarkets. XM edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
AMarkets starts from 0 pips, tighter than XM's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
XM has $5, while AMarkets requires at least $100. This makes XM more accessible for traders with limited starting capital.
XM holds top-tier regulation (ASIC, CySEC, ASF), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
XM stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, while XM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot on commission-based accounts. Commission details for XM are not currently available. Check their website for up-to-date pricing.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. AMarkets has exclusive access to cTrader.
