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XM vs Weltrade (2026): Which Broker Is Better?

Compare fees, spreads, minimum deposits, platforms and regulatory information side by side. Conditions vary by country and legal entity.

Data last verified 2026-10-31Sources and verificationHow we compare brokers

Quick verdict

XM has the higher Brokeradar score

XM leads this comparison with an editorial score of 4.6/5. Weltrade has the lowest recorded entry deposit at $1, while XM offers the broadest platform selection in our current dataset. The right choice still depends on the entity available in your country and the account type you use.

Comparing 2 brokers

XM
Editorial score
★ 4.6 / 5
Min Deposit
$5
Spreads From
0.8 pips
Max Leverage
Up to 1:1000
Regulation
CySEC, FSC Belize, ASIC, DFSA UAE, FSCA South Africa, FSA Seychelles, FSC Mauritius, CMA Kenya
Platforms
MT4, MT5, XM App
Islamic Accounts
Yes, Swap-Free
Established Year
2009
Data last verified
2026-10-31
Read ReviewOpen Account
Weltrade
Editorial score
★ 3.0 / 5
Min Deposit
$1
Spreads From
0.0 pips on Raw Spread
Max Leverage
Up to 1:2000 dynamic on MT5
Regulation
FSCA
Platforms
MT4, MT5
Islamic Accounts
Yes, Swap-Free
Established Year
2006
Data last verified
2026-11-02
Read ReviewOpen Account

XM vs Weltrade: key differences

Calculated from the recorded data for each broker. The account type and legal entity you are onboarded by can change these figures.

  • Lower minimum deposit

    Advantage: Weltrade

    XM
    $5
    Weltrade
    $1

  • Higher maximum leverage

    Advantage: Weltrade

    XM
    Up to 1:1000
    Weltrade
    Up to 1:2000 dynamic on MT5

  • Platforms only one broker offers

    Platforms available at only one of the compared brokers.

    XM
    XM App
    Weltrade
    —

  • Licences only one broker holds

    Regulators that appear for only one of the compared brands.

    XM
    CySEC, FSC Belize, ASIC, DFSA UAE, FSCA South Africa, FSA Seychelles, FSC Mauritius, CMA Kenya
    Weltrade
    FSCA

  • More account base currencies

    Advantage: XM

    XM
    4
    Weltrade
    2

  • Longer track record

    Advantage: Weltrade

    XM
    2009
    Weltrade
    2006

XM vs Weltrade: fees and spreads

XM trading costs

Published spreads start from 0.8 pips. The minimum deposit recorded is $5. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.

Weltrade trading costs

Published spreads start from 0.0 pips on Raw Spread. The minimum deposit recorded is $1. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.

Regulation and country availability

A broker brand can serve customers through multiple legal entities. Licenses, leverage limits and compensation arrangements may therefore differ between two customers using the same brand.

XM

Licenses recorded: CySEC, FSC Belize, ASIC, DFSA UAE, FSCA South Africa, FSA Seychelles, FSC Mauritius, CMA Kenya.

Review XM safety details

Weltrade

Licenses recorded: FSCA.

Review Weltrade safety details

Who should choose each broker?

Choose XM if…

  • ✓ Super low $5 minimum deposit
  • ✓ Excellent educational webinars
  • ✓ Huge array of deposit bonuses

Consider first: Doesn't offer cTrader or TradingView; Crypto CFDs availability is limited in EU.

Choose Weltrade if…

  • ✓ MT5 dynamic leverage and multiple account tiers
  • ✓ Entry from USD 1 on Micro and Cent
  • ✓ FSCA intermediary role and product-supplier distinction are publicly explained

Consider first: Weltrade Ltd, the trading counterparty, is not regulated by the FSCA; United States, Canada, UK, EU and several other regions are restricted.

Sources and verification

Figures on this page come from the Brokeradar dataset and should be verified against the official broker pages and regulator registers below before you fund an account. Entity, leverage and fee schedules change and vary by country.

How we compare brokers

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