Vantage vs XM
Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.
A Raw ECN account from $50 with US$3 per side, plus Standard STP, Pro ECN, Cent and Swap Free.
Standard and Ultra Low accounts from a $5 deposit, with a separate Shares account.
| Detail | Vantage | XM |
|---|---|---|
| Regulation | Vantage, CIMA Cayman Islands SIBL 1383491 · Vantage Global Limited, VFSC Vanuatu · Vantage FX Pty Ltd, ASIC AR 343547 · UK site run separately by Vantage Global Prime LLP under the FCA | XM Global Limited, FSC Belize licence 8557558 (Securities Industry Act 2021) |
| Minimum Deposit | US$50 (Raw ECN) | $5 (Standard, Ultra Low) · $10,000 (Shares) |
| Spread From | 0.0 pips (Raw ECN) | — |
| Commission | Raw ECN: US$3.00 per standard lot per side | — |
| Platforms | MetaTrader 4, MetaTrader 5, Vantage App, Vantage Web Trading | MetaTrader 4, MetaTrader 5, XM App |
| Account Types | Standard STP, Raw ECN, Pro ECN, Cent, Swap Free | Standard, Ultra Low, Shares |
What the figures say
- Minimum Deposit: Vantage lists US$50 (Raw ECN); XM lists $5 (Standard, Ultra Low) · $10,000 (Shares).
- Vantage publishes its spread from (0.0 pips (Raw ECN)); XM does not state one on the pages we read.
- Vantage publishes its commission (Raw ECN: US$3.00 per standard lot per side); XM does not state one on the pages we read.
- Platforms: Vantage lists MetaTrader 4, MetaTrader 5, Vantage App, Vantage Web Trading; XM lists MetaTrader 4, MetaTrader 5, XM App.
- Account Types: Vantage lists Standard STP, Raw ECN, Pro ECN, Cent, Swap Free; XM lists Standard, Ultra Low, Shares.
- Vantage also lists Shares, ETFs, Bonds, Gold.
- XM also lists Stocks.
A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.
Vantage: why traders choose it
- Raw ECN account from a US$50 minimum with spreads from 0.0 and US$3.00 per lot per side
- No deposit fees on the Raw ECN account
- Five account types, including a Cent account and a Swap Free account
- Gold CFDs tradable around the clock, beyond normal market hours
- Bonds and ETFs alongside forex, indices, commodities and shares
- Vantage App and web trading in addition to MetaTrader 4 and 5
XM: why traders choose it
- Standard and Ultra Low accounts open from $5
- Ultra Low is the account XM points high-volume traders to, for lower spreads and swaps
- A separate Shares account for buying stock, from $10,000
- Bonuses on the Standard account, described by XM as boosting trading power
- Copy trading, trading competitions and a loyalty club run alongside the accounts
Vantage pros
- A $50 raw-spread account is unusual; most brokers ask $100 to $200 for that pricing
- The international site states clearly that it is not the FCA-regulated UK business, rather than blurring the two
- Cayman and Australian entities are named with their registration numbers
Vantage cons
- The international entities are in the Cayman Islands and Vanuatu; the FCA and ASIC protections belong to other Vantage companies
- Standard STP and Pro ECN pricing was not on the page we read
- Leverage caps differ sharply by entity and were not stated on this page
XM pros
- One of the lowest entry points anywhere at $5
- The Ultra Low account gives a cheaper option without a commission model to learn
- MetaTrader 4 and 5 plus their own app, so nothing unfamiliar
XM cons
- The global site is the Belize entity; XM's European and Australian entities have different leverage caps and protections
- Spreads and leverage figures were not on the accounts page we read; they are in the account details after sign-up
- Bonuses come with their own terms, which are worth reading before taking one
About Vantage
Vantage's international site offers Standard STP, Raw ECN, Pro ECN, Cent and Swap Free accounts. The Raw ECN account opens from US$50 with spreads from 0.0 and a US$3.00 per side commission. The international business is regulated in the Cayman Islands and Vanuatu, separately from Vantage's FCA and ASIC entities.
About XM
XM offers three accounts on its global site: Standard and Ultra Low, both from a $5 minimum, and a Shares account from $10,000. The global entity, XM Global Limited, is licensed by the Financial Services Commission of Belize.
More comparisons
How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.