Markets.comvs
XMForex Broker Comparison
Markets.com and XM enter a clash over regulatory breadth, deposit flexibility, and platform options. The tug-of-war between safety, cost, and usability invites close scrutiny.
Who should choose Markets.com vs XM?
Find out which broker best suits your trader profile.
Choose if…
Choose Markets.com if you value four-jurisdiction regulation. You also get a $25 minimum deposit and 2,200+ instruments.
Choose if…
Choose XM if you want a $5 minimum deposit and high leverage. You also access MT4/MT5 and strong regulatory 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
Markets.com vs XM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Markets.com vs XM Forex Broker Pros & Cons
Pros
CySEC, FCA, ASIC, and FSCA four-jurisdiction regulation
$25 minimum deposit - lowest among brokers with this regulatory stack
2,200+ instruments including shares CFDs
FSCS protection (UK) and ICF compensation (EU)
Client funds held in segregated accounts
Markets.com vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Markets.com
criteria wins
0
XM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Markets.com | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Markets.com vs XM: Frequently Asked Questions
The scores are close: Markets.com rates 4/5 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.
Both Markets.com and XM start from 0.6 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
XM has $5, while Markets.com requires at least $25. This makes XM more accessible for traders with limited starting capital.
Both Markets.com 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.
Markets.com lists maximum leverage of 30:1, 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.
Markets.com supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while XM supports MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. Markets.com has exclusive access to Proprietary Web/Mobile.
