Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
XM
$5.00Tightest Spreads
XM
From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard pipsHighest Leverage
XM
1:Up to 1:1000Best Rated
XM
Mobile Trading
Both
✓✓General Information
eToro
Regulation
CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), FSA (Seychelles)
Founded
N/A
Headquarters
Israel (Global HQ)
Overall Rating
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
Trading Conditions
| Feature | eToro | XM |
|---|---|---|
| Minimum Deposit | $50.00 | $5.00 |
| Average Spreads | From 1 pip (forex majors); variable on CFDs/stocks | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard |
| Maximum Leverage | 1:30 | Up to 1:1000 |
| Commission | None | None |
Account Types
eToro
XM
Platforms & Tools
eToro
cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
eToro
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), PayPal, Bank Wire Transfer, Neteller, Skrill, Trustly, ClearPay
Withdrawal Methods
Bank Wire Transfer, PayPal, Credit/Debit Cards, Neteller, SkrillPayment Methods: USD/GBP/EUR accounts; supports local currencies in EEA/UK to avoid FX fees
Withdrawal Fee
None
XM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
Withdrawal Fee
None
Support
eToro
Support Languages
English, Spanish, French, German, Italian, Arabic, Chinese, Japanese, Korean, Portuguese, Russian, Thai, Turkish (20+ total)
Support Channels
24/5 live chat, email, ticket system; multilingual phone in select regions
Account Manager
Available
XM
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
Account Manager
Not Available
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