TopFX vs XM: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

TopFX
TopFX
VS
XM
XM

Quick Summary

Best for Beginners

XM

$5.00

Tightest Spreads

TopFX

From 0.0 pips (RAW account); average 0.5 pips on majors like EUR/USD (ZERO account) pips

Highest Leverage

TopFX

1:Up to 1:30

Best Rated

XM

4.50
/5

Mobile Trading

Both

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General Information

TopFX

Regulation

CySEC (Cyprus), FSA (Seychelles)

Founded

N/A

Headquarters

Cyprus (Headquarters in Limassol)

Overall Rating

4.50/5

XM

Regulation

ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.50/5

Trading Conditions

Feature TopFX XM
Minimum Deposit $50.00 $5.00
Average Spreads From 0.0 pips (RAW account); average 0.5 pips on majors like EUR/USD (ZERO account) From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard
Maximum Leverage Up to 1:30 Up to 1:1000
Commission None None

Account Types

TopFX

Islamic Account ECN Accounts Classic Account Raw Account

XM

Standard Accounts Islamic Account Raw Account Micro Accounts

Platforms & Tools

TopFX

MetaTrader 4, WebTrader

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

TopFX

Deposit Methods

💳 Credit/Debit Cards (Visa & Mastercard) | 🏦 Bank Wire | 💸 e-Wallets (Skrill, Neteller, PayPal) | 🪙 Crypto (BTC, ETH, USDT) | 🌍 Local Options (PIX, M-Pesa, FasaPay)

Withdrawal Methods

Same as deposits; minimum €100, processed in 1 business day (up to 5 for wires)

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

TopFX

Support Languages

English, Spanish, Arabic, Chinese, French, German, Italian, Portuguese, Russian (24/7 support)

Support Channels

24/7 via live chat (response <1 min), email, phone (+357 25 268 800); multilingual team

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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