BROKER COMPARISON TOOL

XM vs Interactive Brokers

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

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Broker A

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Broker B

	XM	Interactive Brokers
Overall score	3.42 / 5	4.08 / 5
Regulation	CySEC No. 120/10 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD010 FCA-licensed; firm reference number not independently confirmed. XM also operates a second Seychelles-licensed entity, XM (SC) Limited, under licence SD190	FCA No. 208159
Entity	Trading Point of Financial Instruments Ltd	Interactive Brokers (U.K.) Limited
Founded	2009	1978
Headquarters	Limassol, Cyprus	Greenwich, Connecticut, USA
Minimum deposit	$5	Not independently confirmed
Avg. spread (EUR/USD)	1.1 pips	Not independently confirmed
Platforms	MT4, MT5	TWS (Trader Workstation), IBKR Desktop, IBKR Mobile, Client Portal (WebTrader)
Other Tier-1 regulators	ASIC, DFSA	NFA/CFTC (US), ASIC, CIRO, MAS, DFSA
Instruments	1,000+ across forex, stocks, indices, commodities, metals, crypto	No single total-instrument count published by the broker; stocks, options, futures, forex, bonds (1,000,000+ bonds), and mutual funds (500+ fund families) across 170+ markets in roughly 40 countries, per IBKR's own fact sheet.
Visit	Visit XM	Visit Interactive Brokers

Full XM review → · Full Interactive Brokers review → · Compare different brokers →

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.