Saxo vs XM
By Akash · Facts re-checked (UTC)
Here is how Saxo and XM compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Saxo | XM | |
|---|---|---|
| Regulators | Danish FSA, FCA | CySEC |
| Minimum deposit | No minimum deposit (individual account) | $5 (Standard and Ultra Low; XM Global) |
| Spreads from | 1 pip EUR/USD minimum (global page; varies by country) | – |
| Commission | USD 3 fixed commission on FX trades under 50,000 units | – |
| Platforms | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView | – |
| Retail accounts losing money | 66% | – |
Full reviews: Saxo review · XM review
Frequently asked questions
What is the minimum deposit at Saxo and XM?
Saxo: No minimum deposit (individual account). XM: $5 (Standard and Ultra Low; XM Global).
Are Saxo and XM regulated?
Saxo: Danish FSA, FCA. 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