XM vs XS
A side-by-side comparison built from each broker's own published record — licenses checked against official registers, terms quoted from their own pages, with the source linked on every claim.
| Open account | ||
|---|---|---|
| Regulation | CySEC · FSC · DFSA | ASIC · CySEC · CMA · FSCA · FSA · LFSA · FSC · MOCI |
| License no. | CySEC 120/10 FSC not printed on public register (XM Global Limited listed as Active, categories: Trading in Securities as Principal; Arranging transactions in Securities, registration period 2026) DFSA F003484 | ASIC 374409 CySEC 412/22 CMA 20200000339 (licence category not stated on XS's page) FSCA 53199 FSA SD089 LFSA MB/21/0081 FSC GB25204786 MOCI 513918 on the regulations page; the site footer shows MOCI 2024/786 |
| Founded | 2009 | 2010 |
| Minimum deposit | $5 | $0 |
| EUR/USD spread from | "spreads as low as zero" (Zero Account); EURUSD-specific from-figure not published on public pages | 0.1 pips average on the Elite account (plus $6 round-turn commission, $500 minimum); 0.7 pips average on Pro ($500 minimum, no commission); 1.1 pips average on Standard (no minimum deposit, no commission) — averages as published by XS |
| Leverage | CySEC (Cyprus): Up to 30:1, depending on instrument FSC Belize: Flexible leverage up to 1000:1 | not specified on the page: Up to 1:2000 with dynamic leverage; margin call 40%, stop out 20% |
| Gulf Payments | ||
| Platforms | MetaTrader 4, MetaTrader 5, XM App | MetaTrader 4, MetaTrader 5, XS Trading App |
| Broker-published claim | Withdrawal requests are processed instantly by our Artificial Intelligence Back Office System, based on algorithmic parameters. You'll receive your money immediately, or on the same day your request is executed. Withdrawals via bank wire, credit or debit card usually take 2-5 business days to reach your account. [Source] | Published processing times: Neteller instant; Skrill 1 business day; bank transfer 1-7 working days; Visa & MasterCard 7-10 working days. XS states it charges no internal fees for deposits or withdrawals, but reserves the right to apply a withdrawal fee of up to 3% where there has been no trading activity or it identifies abuse. [Source] |
| Withdrawal methods | Credit/debit cards, Electronic payment methods (e-wallets), Bank wire transfer, Local bank transfer | Bank transfer, Visa & MasterCard, Skrill, Neteller |
| Crypto deposits/withdrawals | No | No |
| Islamic Accounts | Yes | Yes |
| Measured by us | Testing in progress | Testing in progress |
| Accepts clients from | Germany, Italy, United Arab Emirates, Kenya, Saudi Arabia, Malaysia, Turkey, China, Taiwan, Thailand, Vietnam, Indonesia | United Arab Emirates, Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Turkey |
| Open account | Open account |
We do not name a winner here. The two records sit side by side because the right answer depends on where you live, what you trade, and which entity would onboard you — all of which the table shows.
By Country
- XM + XS: United Arab Emirates, Saudi Arabia, Turkey
- XM Yes / XS No: Germany, Italy, Kenya, Malaysia, China, Taiwan, Thailand, Vietnam, Indonesia
- XS Yes / XM No: Kuwait, Qatar, Oman, Bahrain
Is XM or XS better?
Neither is better in the abstract. Compare the rows that apply to you: whether each broker accepts clients from your country, which entity and regulator you would be onboarded under, the minimum deposit, and how withdrawals work on the rail you would actually use.
Which is safer, XM or XS?
Safety follows the entity that holds your money, not the brand. Both records list every regulator and license number each broker publishes — check which entity serves your country, then verify that license on the regulator's own register.