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XM
Forex / CFDs
Regulated
A trusted forex / cfds broker offering low minimum, education, micro accounts, $16b daily volume.
Key Specs
- PlatformsMT4, MT5, XM App
- RegulatorsEU (CySEC), AU (ASIC), FSC Belize
- Min Deposit$5
Best For
- Professional traders needing DMA
- Algo traders using API
Pros
- $5 minimum deposit
- Micro/cent accounts for beginners
- Extensive education
- $16B daily trading volume
Cons
- Higher spreads than ECN brokers
- Not available for US clients