XM offers competitive pricing with spreads varying by account type. Ultra Low accounts offer spreads from 0.6 pips with no commission, while XM Zero accounts provide raw spreads from 0.0 pips with a $3.50 per lot per side commission ($7 round turn). Standard and Micro accounts have wider spreads from 1.6 pips but no commission. XM charges no deposit or withdrawal fees. However, an inactivity fee applies after 90 days of dormancy - $15/month initially, then reducing to $5/month after account balance falls below $5.

XM operates under a robust multi-jurisdictional regulatory framework with licenses from CySEC, ASIC, FSC Belize, DFSA, and FSCA. The broker's primary regulation comes from CySEC (Cyprus), providing EU-level oversight and investor protection up to €20,000 through the Investor Compensation Fund. Client funds are held in segregated accounts at top-tier banks, and negative balance protection is provided to all clients globally. XM has maintained a clean regulatory record since 2009 with no major sanctions.

XM offers one of the most accessible funding experiences in the industry with a $5 minimum deposit and completely free deposits and withdrawals. The broker supports multiple payment methods including credit/debit cards, bank wire transfers, and e-wallets (Skrill, Neteller). Deposits are typically instant for cards and e-wallets. Withdrawals are processed within 24 hours and funds arrive within 2-5 business days depending on the method. XM supports 9 base currencies to minimize conversion fees.

XM offers a fast and straightforward account opening process that can be completed online in minutes. The broker provides four main account types to suit different trading styles and experience levels: Micro (for beginners), Standard, Ultra Low (best value), and XM Zero (for scalpers). All accounts feature a $5 minimum deposit except the Shares account which requires $10,000. Verification requires government-issued ID and proof of address. Demo accounts are free with $100,000 virtual funds. Islamic swap-free accounts are available upon request.

XM offers trading via MetaTrader 4 and MetaTrader 5 mobile apps for iOS and Android devices. The apps provide full trading functionality, real-time quotes, advanced charting, and push notifications. XM has also integrated TradingView in 2026 for enhanced charting capabilities. While XM doesn't have a proprietary mobile app, the MT4/MT5 apps are well-optimized and provide reliable mobile trading. The apps support biometric login for security and allow complete account management on the go.

XM provides MetaTrader 4 and MetaTrader 5 desktop platforms, the industry standards for forex and CFD trading. Both platforms support Expert Advisors (EAs) for automated trading, advanced charting with 30+ indicators, and one-click trading. In 2026, XM integrated TradingView for enhanced charting capabilities. Free VPS hosting is available for traders meeting volume requirements. XM also offers WebTrader for browser-based trading without downloads.

XM offers over 1,000 CFD instruments including forex, stock CFDs, indices, commodities, precious metals, and energies. With 57 forex pairs and 1,200+ stock CFDs, the selection is solid for most traders. However, cryptocurrency trading is not available on regulated entities (CySEC/ASIC), which may be a limitation for some traders. Leverage varies by regulatory entity - up to 30:1 for EU/AU clients under ESMA/ASIC rules, and up to 1000:1 for clients under the FSC Belize entity.