Broker Comparison

Plus 500 vs XM: Which Is Better?

A quick comparison between Plus 500 and XM across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
XM

Best overall based on rating, usability, fees, and account access.

Overall
XM
Beginners
Tie
Spreads
XM

Plus 500

Beginners

3.9out of 5
Plus 500
Minimum Deposit
$100
Islamic Account
Available
Trading Platforms
WebTrader | Mobile App
Best Overall

XM

Low deposit

4.5out of 5
XM
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5
Final Verdict

Which broker is better: Plus 500 or XM?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
XM

Best balance between rating, fees, trust, and usability.

Beginners
Close
Spreads
XM
Deposit
XM
Quick Summary

If you want the stronger overall choice, XM looks more suitable here. For beginners, the closer choice is both brokers. For lower spreads and active trading, XM looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between Plus 500 and XM

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: XMBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Small Edge
Plus 5004.2 / 5
XM4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Small Edge
Plus 5003.8 / 5
XM4.0 / 5

Trading Platforms

Based on platform quality and available trading tools.

Better: XM
Plus 5003.7 / 5
XM4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Better: XM
Plus 5004.0 / 5
XM5.0 / 5

Support & Customer Service

Compares support quality and overall user experience.

Better: XM
Plus 5003.8 / 5
XM4.5 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between Plus 500 and XM.

Quick Summary
XM

XM looks stronger in terms of cost or spreads.

Plus 500 Accounts
1
XM Accounts
4
Beginners
Very Close
Factor
Plus 500
XM
Main Account
Standard
Micro
Min Deposit
$100
$5
Spread
0.6 - 1.2
1.0 – 1.5
Commission
$0
$0
Execution
Market Execution
Market Execution

Plus 500 Accounts

1 available account

Standard
Spread
0.6 - 1.2
Commission
$0
Deposit
$100
Execution
Market Execution

XM Accounts

4 available accounts

Micro
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Standard
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Ultra Low
Spread
0.6 – 1.0
Commission
$0
Deposit
$5
Execution
Market Execution
Zero
Spread
0.0 – 0.3
Commission
$7 per lot
Deposit
$5
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
XM

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
XM
Short Decision

Choose XM if you want the strongest overall option. For an easier start, the closer choice is both brokers.

FAQs

Questions About Plus 500 and XM

Key questions before opening an account.

Plus 500
XM

How competitive are Plus500 spreads compared to other CFD brokers?

Plus500 typically offers spreads between 0.6 to 1.2 pips on major forex pairs. While competitive for a commission-free broker, spreads may be higher compared to ECN brokers that offer raw pricing.

Does Plus500 charge commissions or is everything included in the spread?

Plus500 uses a spread-based pricing model, meaning there are no separate commissions on trades. All trading costs are built into the spread, making pricing simple but sometimes less transparent.

What is the minimum deposit required to open a Plus500 account?

The minimum deposit at Plus500 starts from $100, which is standard for regulated CFD brokers and higher than entry-level platforms.

Is XM Zero account really cheaper than Standard accounts?

XM Zero offers spreads starting from 0.0 pips, but charges a commission of about $7 per lot round turn. In contrast, Standard accounts include costs in spreads starting around 1.0–1.5 pips, making Zero accounts more suitable for active traders.

What is the real spread on XM accounts in live trading?

XM Standard and Micro accounts typically have spreads between 1.0 to 1.5 pips, while Ultra Low accounts offer tighter spreads from around 0.6 pips. These spreads are variable and can increase during volatility.

Does XM use market execution or instant execution?

XM mainly uses Market Execution across its account types, allowing trades to be executed at the best available price without requotes, but with possible slippage during fast markets.

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