easyMarkets vs XM
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for easyMarkets and XM, side by side, across the categories that decide your costs and safety.
Who Wins?
XM wins on overall score (4/5 vs 3.9/5). easyMarkets is the pick if you value risk-averse traders; choose XM if you value beginners with small budgets. The tables below show where each actually wins.
Who this is for: easyMarkets suits traders who prioritise risk-averse traders; XM suits traders who prioritise beginners with small budgets.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between easyMarkets and XM.
Pros & Cons
Pros
- Unique dealCancellation feature
- Fixed spreads
- Very low minimum deposit
- Negative balance protection
- TradingView integration
Cons
- Higher fixed spreads
- Limited instruments
- Proprietary platform basic
Pros
- Ultra-low $5 minimum deposit
- Excellent educational resources
- Multi-regulated (FCA, CySEC, ASIC)
- No deposit or withdrawal fees
- Excellent customer support (24/5)
Cons
- Higher spreads than ECN brokers
- Limited research tools
- Inactivity fee after 90 days
Which Broker Should You Choose?
easyMarkets vs XM: FAQ
Which is better, easyMarkets or XM?
Overall, easyMarkets scores 3.9/5 and XM scores 4/5. The right pick depends on what you value: easyMarkets for risk-averse traders, XM for beginners with small budgets.
Which is cheaper, easyMarkets or XM?
On our fees score, easyMarkets is 3.5/5 and XM is 4.2/5. easyMarkets advertises spreads from 0.7 pips, XM from 0.6 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, easyMarkets or XM?
easyMarkets holds 2 licence(s), including ASIC, CySEC. XM holds 4 licence(s), including FCA, ASIC, CySEC, IFSC. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, easyMarkets or XM?
easyMarkets offers 200+, XM offers 1,000+. Choose the range that covers what you actually trade.
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
Other Broker Matchups
Trading Terms Explained
New to some of the jargon in this comparison? These explainers cover the concepts that decide your costs and risk.
Minimum deposits, spreads, leverage and regulator licences include data from FX-Brokers.info. Data: FX-Brokers.info Public API - https://fx-brokers.info/api/v1/brokers.