XM Review
By Itai Varochik | Last updated February 1, 2026
Affiliate Disclosure: GetASearch may earn a commission when you sign up through links on this page. This doesn't affect our ratings or editorial independence. Read our methodology.
Our Verdict
XM is the best forex broker for beginners thanks to its educational resources and micro accounts. Experienced traders may want tighter spreads elsewhere.
GetASearch Score: 7/10
Rating: 4.2/5 (780 reviews)
Pros
- Excellent education
- Micro accounts
- No requotes
- Wide regulation
Cons
- Higher spreads than competitors
- Limited crypto
- Dated platform UI
- Limited research
Score Breakdown
| Criteria | Score |
|---|---|
| Features | 7.0/10 |
| Ease of Use | 8.0/10 |
| Value for Money | 7.0/10 |
| Customer Support | 8.0/10 |
| Overall | 7.0/10 |
What is XM?
XM is a global forex and CFD broker serving over 10 million clients. It's known for its extensive educational resources, micro accounts for beginners, and no-requote policy.
XM Features
| Feature | Available | Description |
|---|---|---|
| Education Hub | Yes | Free courses and webinars |
| Micro Accounts | Yes | Trade with small amounts |
| No Requotes | Yes | Guaranteed execution |
XM Pricing
Spreads from 0.6 pips
Best For
- Forex beginners
- Small account traders
- Education seekers
- Global traders
Final Verdict
XM is the best forex broker for beginners thanks to its educational resources and micro accounts. Experienced traders may want tighter spreads elsewhere.