easyMarketsvs
XMForex Broker Comparison
easyMarkets and XM square off on core forex costs, platform choices, and regulation. The comparison highlights how each brand balances price clarity, platform strength, and safety features.
Our Verdict
XM winsby 0.4 pts
XM edges out easyMarkets on editorial score and category ratings, driven by stronger regulation coverage, tighter spreads, and higher leverage.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1No inactivity fee on easyMarkets.
- 2XM provides advanced charting tools.
- 3XM offers 1400 instruments; easyMarkets offers 200.
Who should choose easyMarkets vs XM?
Find out which broker best suits your trader profile.
Choose easyMarkets if…
Choose easyMarkets if you want no inactivity fee and a proprietary platform, plus a low $25 minimum deposit.
Choose XM if…
Choose XM if you prefer 0.6 pip spreads, a $5 minimum deposit, and broad regulator coverage.
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
XM offers tighter spreads from 0.60 pips vs 0.70 pips for easyMarkets, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
easyMarkets vs XM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5 | 4.3 / 5▲ |
easyMarkets vs XM Forex Broker Pros & Cons
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
Negative balance protection
easyMarkets vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
easyMarkets
criteria wins
1
XM
criteria win
Highlighted rows show where the two brokers differ
| Criteria | easyMarkets | XM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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 | Pass | 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 |
easyMarkets vs XM: Frequently Asked Questions
The scores are close: easyMarkets rates 3.9/5 and XM rates 4.3/5. XM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
XM starts from 0.6 pips, tighter than easyMarkets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
XM has $5, while easyMarkets requires at least $25. This makes XM more accessible for traders with limited starting capital.
Both easyMarkets and XM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: XM requires a lower minimum deposit ($5), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
easyMarkets lists maximum leverage of 400:1, 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.
easyMarkets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. easyMarkets has exclusive access to Proprietary Web/Mobile.
