FXTM (ForexTime) vs XM: which broker is better in 2026?
We compare FXTM (ForexTime) and XM — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, XM edges ahead (3.6/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaFXTM (ForexTime)XM
Overall score 3.5 3.6
Regulation & safety 3.0 3.0
Fees & deposit 3.5 3.5
Platform & assets 4.0 4.0
User support 3.5 4.0
Trust score68/10069/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5, XM app
Fee modelStandard / advantage spread; figures varyStandard / ultra-low spread; figures vary
Pros & cons
- Strong presence in Africa & Asia; good education
- FCA/CySEC licenses for certain entities
- MT4/MT5 + various account types
- Many retail clients via the Mauritius entity (lighter regulation)
- Standard spread is not the cheapest
- Leverage is high-risk
- Very large client base, strong multilingual education & support
- MT4/MT5 + many instruments
- CySEC license for the EU entity
- Many retail clients via the offshore entity (Belize) — weaker protection
- Standard spread is not the cheapest
- Leverage is high-risk
Regulation at a glance
FXTM (ForexTime)
ForexTime (FXTM) — regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius). Many clients via the Mauritius entity.
XM
Trading Point group — regulated by CySEC (Cyprus), ASIC (historically), DFSA (Dubai), FSC (Belize), FSCA (South Africa). Many retail clients via the offshore entity (Belize).