XM Logo

XM demo account

Your expert
Adam N.
Fact checked by
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Does XM provide a demo account as of January 2024?

Yes, demo accounts are available at XM.

XM in a nuthsell: XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and the Belize authority IFSC.

XM educational tools, mobile platform, CFD fees and more

💻 Platform tutorial videos Yes
📃 Quality educational texts No
🎥 Webinars Yes
📱 Mobile platform score 3.3 stars
💰 XM minimum deposit $5
💰 XM S&P 500 CFD spread 0.5
💰 XM withdrawal fee $0
📃XM swap-free/Islamic account available Yes
💳 Deposit methods Bank transfer, Credit/debit cards, Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC)
🗺️ Country of regulation Cyprus, Australia, Belize, United Arab Emirates
📋 Read more Check out the XM review for 2024
BrokerChooser score
4.3 4.3 /5
Visit broker
75.33% of retail CFD accounts lose money
XM is not available in the United States
Check out the best alternatives

Looking for the best brokers for beginners?

Search no further. Our brokerage experts compiled a list of the best brokers for beginners based on extensive research and testing with real money.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Further reading

Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Visit XM 75.33% of retail CFD accounts lose money

Follow us

Regional settings

I'd like to trade with...