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XM vs Roboforex
XM vs RoboForex: XM offers a $5 minimum and copy trading; RoboForex offers a $10 minimum and 12,000+ instruments.
WriterAbir KhanWriterWrites the guides · checks every figure against primary sources View profileAbout Abir →
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XM is a spread-only broker with a $5 minimum deposit, no commission and its own copy trading service. RoboForex is an offshore broker with a $10 minimum deposit, raw-spread accounts, more than 12,000 instruments on its own platform and a built-in copy trading service. The better fit depends on where you live, how often you trade and which company would hold your account.
Quick Answer
| Best for | Winner | Why |
|---|---|---|
| Starting small | XM | $5 against $10 |
| Raw-spread account | RoboForex | XM has no raw-spread account |
| Top-tier licences in the group | XM | CySEC and DFSA; RoboForex is offshore only |
| No inactivity fee | RoboForex | XM: $10 a month after 90 days without activity |
A “winner” here means the better published figure on that one line. It is not a recommendation: the right broker depends on where you live and how you trade.
Comparison Table
| XM | RoboForex | |
|---|---|---|
| Operating since | Over 15 years in business | 2009 |
| Company for international clients | XM Global Limited, licensed by the FSC in Belize (8557558) | RoboForex Ltd, registered with the FSC in Belize (9759600) |
| Regulators in the group | CySEC, DFSA, FSC Belize, FSA Seychelles, FSC Mauritius | FSC Belize |
| Minimum deposit | $5 | $10 ($100 for R StocksTrader) |
| Commission-free spreads | Ultra Low from 0.8 pips; Standard from 1.6 pips | Pro and ProCent from 1.3 pips |
| Raw-spread account | None | ECN and Prime from 0 pips plus a commission per $1 million traded |
| Maximum leverage | 1:1000 | 1:2000 on Pro and ProCent; 1:500 on ECN; 1:300 on Prime |
| Platforms | MT4, MT5, XM App | MT4, MT5, R StocksTrader |
| Copy trading | XM Copy Trading, from $50 per strategy | Copy Trading Service (formerly CopyFX), from $100 |
| Inactivity fee | $10 a month after 90 days without activity | Not listed |
| Withdrawal fee | None from XM | By method (for example Skrill 1%, cards up to 2.6% + $1.30); first withdrawal free on three Tuesdays a month |
| Swap-free | Islamic option on all accounts | Swap-free option on currencies and metals for new accounts |
| Bonus | 50% deposit bonus up to $100 and further bonuses (not in every country) | $30 Welcome Bonus; cashback |
Figures come from each broker’s official site, checked on 11 October 2026. Spreads move through the day, and conditions vary by country and by the company that holds your account.
Watch both video reviews
Our XM and RoboForex reviews on video. Tap a chapter to jump straight to safety, costs, withdrawals or the verdict.
XM review 8:42
RoboForex review 5:23
Regulation and Safety
XM’s group holds licences from CySEC in Cyprus and the DFSA in Dubai, plus offshore licences in Belize, Seychelles and Mauritius. Most international clients open accounts with XM Global Limited, licensed by the FSC in Belize. XM says negative balance protection applies to all clients.
RoboForex Ltd is registered with the FSC in Belize, an offshore regulator. It adds private protections: category A membership of The Financial Commission, whose Compensation Fund covers up to €20,000 per case, civil liability insurance of up to €2,500,000, and negative balance protection.
On paper XM has the stronger regulatory footprint, but that only helps if your account sits with one of its strictly regulated companies. Check which company your country places you with before you deposit.
Trading Costs
On commission-free accounts, XM lists: Ultra Low from 0.8 pips; Standard from 1.6 pips. RoboForex lists: Pro and ProCent from 1.3 pips. “From” figures are minimums, so expect wider live spreads, especially around news.
Only RoboForex offers a raw-spread account: ECN and Prime from 0 pips plus a commission per $1 million traded. XM is spread-only, which is simpler but usually costs more per trade for frequent traders.
XM’s inactivity fee: $10 a month after 90 days without activity. RoboForex lists no inactivity fee. Withdrawal fees: XM: none from XM; RoboForex: by method (for example Skrill 1%, cards up to 2.6% + $1.30); first withdrawal free on three Tuesdays a month.
Platforms and Copy Trading
XM offers MT4, MT5 and XM App. RoboForex offers MT4, MT5 and R StocksTrader.
XM’s copy trading: XM Copy Trading, from $50 per strategy. RoboForex’s copy trading: Copy Trading Service (formerly CopyFX), from $100. Copying another trader doesn’t remove risk: you can lose money as fast as trading yourself.
Leverage
XM’s maximum leverage: 1:1000. RoboForex’s: 1:2000 on Pro and ProCent; 1:500 on ECN; 1:300 on Prime.
A higher maximum is not an advantage in itself. Leverage multiplies losses as fast as gains, so beginners should use far less than either broker allows.
Which One Should You Choose?
Go with XM if:
- You want to start with as little as $5
- You prefer spread-only pricing with no commission
- You want copy trading and regular bonuses
Go with RoboForex if:
- You want to start from $10, including on a cent account
- You want thousands of stocks on R StocksTrader
- You want copy trading and a free VPS for active accounts
Whichever you choose, test a small withdrawal early, verify your account before you need your money, and risk only what you can afford to lose.
More XM and RoboForex comparisons
Each one sets the same checks side by side: regulation, costs, platforms and leverage.
- XM vs AvaTrade
- XM vs Elev8
- XM vs Exness
- XM vs FP Markets
- XM vs Fusion Markets
- XM vs FXTM
- XM vs IC Markets
- XM vs IUX
- XM vs LiteFinance
- XM vs Pepperstone
- XM vs Tickmill
- XM vs Vantage
- AvaTrade vs RoboForex
- Exness vs RoboForex
- RoboForex vs Elev8
- RoboForex vs FP Markets
- RoboForex vs FXTM
- RoboForex vs IC Markets
- RoboForex vs IUX
- RoboForex vs LiteFinance
FAQ
Which has the lower minimum deposit, XM or RoboForex? XM. XM: $5. RoboForex: $10 ($100 for R StocksTrader).
How are XM and RoboForex regulated? XM’s international clients deal with XM Global Limited, licensed by the FSC in Belize (8557558). RoboForex’s deal with RoboForex Ltd, registered with the FSC in Belize (9759600). Group regulators: XM: CySEC, DFSA, FSC Belize, FSA Seychelles, FSC Mauritius; RoboForex: FSC Belize.
Which is cheaper to trade with? It depends on the account. Commission-free: XM: Ultra Low from 0.8 pips; Standard from 1.6 pips; RoboForex: Pro and ProCent from 1.3 pips. Raw accounts: XM: none; RoboForex: ECN and Prime from 0 pips plus a commission per $1 million traded.
Does either charge an inactivity fee? XM: $10 a month after 90 days without activity. RoboForex: not listed.
Do both offer copy trading? XM: XM Copy Trading, from $50 per strategy. RoboForex: Copy Trading Service (formerly CopyFX), from $100.
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