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FIG 01 — BROKER REVIEW
XM
6.8
3.8 ★ · 2,900 reviews
Best for: Beginners wanting a very low entry deposit and flexible leverage
Verified against XM's site · Aug 2026. Rules and pricing shift often — always confirm current terms on the broker's own site before trading.
FIG 02 — SPECIFICATIONS
Regulation
CySEC, ASIC, DFSA, IFSC (BZ)
Min deposit
$5
Spreads from
0.6 pips
Commission
None (Standard) / ~$3.50/lot/side (Zero)
Max leverage
1:1000 (offshore) / 1:30 (CySEC/ASIC)
Instruments
Forex, commodities, indices, stocks, metals, energies
Account types
Micro / Standard / Ultra Low
Platforms
MT4, MT5
Founded
2009
FIG 03 — VERDICT
Pros
- Very low $5 minimum deposit
- Flexible leverage range, no requotes
- Extensive educational content
Cons
- MT4/MT5 only, no proprietary platform
- Polarized reviews — withdrawal-delay complaints; not for US clients
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