Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
XM
$5.00Tightest Spreads
TopFX
From 0.0 pips (RAW account); average 0.5 pips on majors like EUR/USD (ZERO account) pipsHighest Leverage
TopFX
1:Up to 1:30Best Rated
TopFX
Mobile Trading
Both
✓✓General Information
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
TopFX
Regulation
CySEC (Cyprus), FSA (Seychelles)
Founded
N/A
Headquarters
Cyprus (Headquarters in Limassol)
Overall Rating
Trading Conditions
| Feature | XM | TopFX |
|---|---|---|
| Minimum Deposit | $5.00 | $50.00 |
| Average Spreads | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard | From 0.0 pips (RAW account); average 0.5 pips on majors like EUR/USD (ZERO account) |
| Maximum Leverage | Up to 1:1000 | Up to 1:30 |
| Commission | None | None |
Account Types
XM
TopFX
Platforms & Tools
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
TopFX
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
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
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
Support
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
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
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