Interactive Brokers vs XM
By Akash · Facts re-checked (UTC)
Here is how Interactive Brokers and XM compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Interactive Brokers | XM | |
|---|---|---|
| Regulators | FCA, CBI, ASIC | CySEC |
| Minimum deposit | No account minimum | $5 (Standard and Ultra Low; XM Global) |
| Commission | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I | – |
| Platforms | Trader Workstation (TWS), IBKR Mobile, Client Portal | – |
| Retail accounts losing money | 59.7% | – |
Full reviews: Interactive Brokers review · XM review
Frequently asked questions
What is the minimum deposit at Interactive Brokers and XM?
Interactive Brokers: No account minimum. XM: $5 (Standard and Ultra Low; XM Global).
Are Interactive Brokers and XM regulated?
Interactive Brokers: FCA, CBI, ASIC. XM: CySEC.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more