Comparison of World Forex and XM
| Feature | World Forex | XM |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 2009 |
| Broker Type | MM, STP | MM |
| Dealing | A-book, B-book | B-book |
| Execution | Market | Market |
| Regulation | SVGFSA, VFSC | BFSC, CySEC, ASIC, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:1000 | 1:1000 |
| Minimum Deposit | $1 | $5 |
| Base Currencies | USD, EUR, RUB, UAH | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
| Funding Methods | Visa/Mastercard, Apple Pay, Google Pay, Sberbank Online, Tinkoff, Alfa-Click, Promsvyazbank, Russkiy Standart, Payeer, Perfect Money, Volet, Bitcoin (BTC), Dash (DASH) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
| Inactivity Fee | ✖ | $15 after 12 months |
| Interest on Margin | 8.5% | ✖ |
| Withdrawal Fee | Varies by method | ✖ |
| Investor Protection | The Financial Commission Compensation Fund | Investor Compensation Fund (ICF) |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✖ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Metals, Energies, Stock CFDs, Indices, Cryptocurrencies, Digital Contracts | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | World Forex Review | XM Review |
About World Forex
World Forex (WForex) is a forex and CFD broker operating the World Forex brand since 2007. The broker offers MT4/MT5 and a WebTrader, plus a wide range of account types including Cent and PROFI with either floating or fixed spreads, a dedicated crypto account, and a separate ‘W-DIGITAL’ venue for American/European digital contracts. Minimum deposits start from $1 and maximum leverage on standard accounts can reach 1:1000 on a tiered basis. Corporate registration is in Saint Vincent and the Grenadines and Saint Lucia, and the broker is a member of The Financial Commission, providing access to its external dispute resolution and a compensation fund of up to €20,000 per complaint. World Forex additionally supports copy trading (WFCopy) and a broad set of deposit/withdrawal methods including bank cards, e-wallets, and crypto.
Pros
- Four main account types
- Very low entry requirements (from $1) and equity-tiered leverage up to 1:1000
- Copy trading via WFCopy; MT4/MT5 EAs supported; VPS option available
- Membership in The Financial Commission (compensation fund up to €20,000)
- Many funding options including cards, e-wallets and crypto
Cons
- No top-tier regulatory license
- Withdrawal commissions on several methods
- High swaps
About XM
XM is a globally recognized forex and CFD broker established in 2009. Regulated by reputable financial authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), XM provides a secure and transparent trading environment. The broker offers access to over 1000 financial instruments, including forex pairs, commodities, indices, metals, and energies, catering to both novice and experienced traders. One of XM's standout features is its commitment to client education and support. The broker provides extensive educational resources like webinars, tutorials, and market analyses to help traders make informed decisions. With multiple account types, competitive spreads, and support for popular trading platforms like MetaTrader 4 and MetaTrader 5, XM aims to deliver a flexible and user-friendly trading experience tailored to individual needs.
Pros
- Regulated by reputable authorities
- Wide range of trading instruments
- Multiple account types
- Competitive spreads and leverage
- Comprehensive educational resources
- Advanced trading platforms
- Multilingual customer support
Cons
- Inactivity fees
- Restricted in certain countries
World Forex & XM Regulation
| Feature | World Forex | XM |
|---|---|---|
Companies | Existrade LTD, Existrade Limited, World Forex Corp. | XM Global Limited, Trading Point Of Financial Instruments Ltd, Trading Point of Financial Instruments Pty Limited, Trading Point MENA Limited |
Countries | Saint Vincent and the Grenadines, Vanuatu | Belize, Cyprus, Australia, United Arab Emirates |
Regulators | SVGFSA, VFSC | BFSC, CySEC, ASIC, DFSA |
Investor Protection | The Financial Commission Compensation Fund | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
World Forex
Existrade LTD, Existrade Limited, World Forex Corp.
XM
XM Global Limited, Trading Point Of Financial Instruments Ltd, Trading Point of Financial Instruments Pty Limited, Trading Point MENA Limited
Countries
World Forex
Saint Vincent and the Grenadines, Vanuatu
XM
Belize, Cyprus, Australia, United Arab Emirates
Regulators
World Forex
SVGFSA, VFSC
XM
BFSC, CySEC, ASIC, DFSA
Investor Protection
World Forex
The Financial Commission Compensation Fund
XM
Investor Compensation Fund (ICF)
Investor Protection Size
World Forex
€20 000
XM
€20 000
Publicly Traded
World Forex
XM
Segregated Accounts
World Forex
XM
Guaranteed Stop Loss
World Forex
XM
Negative Balance Protection
World Forex
XM
Account Types
| Account | World Forex | XM |
|---|---|---|
Market Maker Account | ||
| Account Name | W-CENT | Standard |
| Min Deposit | $1 | $5 |
| Lot Size | 0.1 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.6 | 1.6 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:1000 |
| Stop Out | 5% | 20% |
| Margin Call | 20% | 50% |
STP Account | ||
| Account Name | W-PROFI | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 5% | — |
| Margin Call | 20% | — |
Fix Spread Account | ||
| Account Name | W-PROFI-fix | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Market | — |
| Min Spread | 1.8 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 5% | — |
| Margin Call | 20% | — |
Cent Account | ||
| Account Name | W-CENT-fix | Micro |
| Min Deposit | $1 | $5 |
| Lot Size | 0.1 | 0.01 |
| Spread Type | Fixed | Floating |
| Execution | Market | Market |
| Min Spread | 1.8 | 1.6 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:1000 |
| Stop Out | 5% | 20% |
| Margin Call | 20% | 50% |
Crypto Account | ||
| Account Name | W-CRYPTO | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.0 | — |
| Fee | 1% per 1 lot | — |
| Max Leverage | 1:25 | — |
| Stop Out | 20% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | W-DIGITAL | — |
| Minimum Deposit | $1 | — |
| Option Types | American digital contracts; European digital contracts; 0–100 digital | — |
| Minimum Stake | $1 | — |
| Payout | from 40% to 100% | — |
| Expiration Time | from 60 seconds to 7 days | — |
Market Maker Account
Account Name
World Forex
W-CENT
XM
Standard
Min Deposit
World Forex
$1
XM
$5
Lot Size
World Forex
0.1
XM
0.01
Spread Type
World Forex
Floating
XM
Floating
Execution
World Forex
Market
XM
Market
Min Spread
World Forex
0.6
XM
1.6
Fee
World Forex
No
XM
No
Max Leverage
World Forex
1:1000
XM
1:1000
Stop Out
World Forex
5%
XM
20%
Margin Call
World Forex
20%
XM
50%
STP Account
Account Name
World Forex
W-PROFI
XM
—
Min Deposit
World Forex
$1
XM
—
Lot Size
World Forex
0.01
XM
—
Spread Type
World Forex
Floating
XM
—
Execution
World Forex
Market
XM
—
Min Spread
World Forex
0.6
XM
—
Fee
World Forex
No
XM
—
Max Leverage
World Forex
1:1000
XM
—
Stop Out
World Forex
5%
XM
—
Margin Call
World Forex
20%
XM
—
Fix Spread Account
Account Name
World Forex
W-PROFI-fix
XM
—
Min Deposit
World Forex
$1
XM
—
Lot Size
World Forex
0.01
XM
—
Spread Type
World Forex
Fixed
XM
—
Execution
World Forex
Market
XM
—
Min Spread
World Forex
1.8
XM
—
Fee
World Forex
No
XM
—
Max Leverage
World Forex
1:1000
XM
—
Stop Out
World Forex
5%
XM
—
Margin Call
World Forex
20%
XM
—
Cent Account
Account Name
World Forex
W-CENT-fix
XM
Micro
Min Deposit
World Forex
$1
XM
$5
Lot Size
World Forex
0.1
XM
0.01
Spread Type
World Forex
Fixed
XM
Floating
Execution
World Forex
Market
XM
Market
Min Spread
World Forex
1.8
XM
1.6
Fee
World Forex
No
XM
No
Max Leverage
World Forex
1:1000
XM
1:1000
Stop Out
World Forex
5%
XM
20%
Margin Call
World Forex
20%
XM
50%
Crypto Account
Account Name
World Forex
W-CRYPTO
XM
—
Min Deposit
World Forex
$1
XM
—
Lot Size
World Forex
0.01
XM
—
Spread Type
World Forex
Floating
XM
—
Execution
World Forex
Market
XM
—
Min Spread
World Forex
0.0
XM
—
Fee
World Forex
1% per 1 lot
XM
—
Max Leverage
World Forex
1:25
XM
—
Stop Out
World Forex
20%
XM
—
Margin Call
World Forex
80%
XM
—
Additional Features
Demo Account
World Forex
XM
VIP Account
World Forex
XM
Swap-Free Account
World Forex
XM
Copy Trading
World Forex
XM
VPS
World Forex
XM
PAMM/MAM Accounts
World Forex
XM
Binary Options
Account
World Forex
W-DIGITAL
XM
—
Minimum Deposit
World Forex
$1
XM
—
Option Types
World Forex
American digital contracts; European digital contracts; 0–100 digital
XM
—
Minimum Stake
World Forex
$1
XM
—
Payout
World Forex
from 40% to 100%
XM
—
Expiration Time
World Forex
from 60 seconds to 7 days
XM
—
Funding and Fees
| Feature | World Forex | XM |
|---|---|---|
Base currencies | USD, EUR, RUB, UAH | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
Deposit and withdrawal methods | Visa/Mastercard, Apple Pay, Google Pay, Sberbank Online, Tinkoff, Alfa-Click, Promsvyazbank, Russkiy Standart, Payeer, Perfect Money, Volet, Bitcoin (BTC), Dash (DASH) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
Inactivity fee | $15 after 12 months | |
Interest on margin | 8.5% | |
Withdrawal fee | Varies by method |
Base currencies
World Forex
USD, EUR, RUB, UAH
XM
USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF
Deposit and withdrawal methods
World Forex
Visa/Mastercard, Apple Pay, Google Pay, Sberbank Online, Tinkoff, Alfa-Click, Promsvyazbank, Russkiy Standart, Payeer, Perfect Money, Volet, Bitcoin (BTC), Dash (DASH)
XM
Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney
Inactivity fee
World Forex
XM
$15 after 12 months
Interest on margin
World Forex
8.5%
XM
Withdrawal fee
World Forex
Varies by method
XM
Trading Platforms and Conditions
| Feature | World Forex | XM |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
World Forex
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
XM
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
World Forex
-
XM
0 ms
Scalping
World Forex
XM
Expert Advisors (EAs)
World Forex
XM
Depth of Market (DOM)
World Forex
XM
Spread
World Forex
low
XM
low
Trading Assets
| Asset | World Forex | XM |
|---|---|---|
Currencies | 55 | 55 |
Indices | 0 | 50 |
Stocks | 46 | 1307 |
Cryptocurrencies | 17 | 58 |
Bonds | 0 | 0 |
Metals | 4 | 3 |
Energies | 2 | 3 |
Soft Commodities | 0 | 8 |
ETFs | 0 | 0 |
Currencies
World Forex
55
XM
55
Indices
World Forex
0
XM
50
Stocks
World Forex
46
XM
1307
Cryptocurrencies
World Forex
17
XM
58
Bonds
World Forex
0
XM
0
Metals
World Forex
4
XM
3
Energies
World Forex
2
XM
3
Soft Commodities
World Forex
0
XM
8
ETFs
World Forex
0
XM
0
Education and Analytics
| Feature | World Forex | XM |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
World Forex
XM
Indicators
World Forex
XM
Robots
World Forex
XM
Signals
World Forex
XM
Autochartist
World Forex
XM
Expert Analytics
World Forex
XM
News Feed
World Forex
XM
Education Articles
World Forex
XM
Webinars
World Forex
XM
Seminars
World Forex
XM
Bonuses
| Bonus | World Forex | XM |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $5000 | 100%, up to $5000 |
| Details | Learn More | Learn More |
Welcome Bonus
Is available
World Forex
XM
Size
World Forex
100%, up to $5000
XM
100%, up to $5000
Details
World Forex
Contests
| Feature | World Forex | XM |
|---|---|---|
| Live Contests | ||
| Is available | ||
| Contests List | — |
|
Live Contests
Is available
World Forex
XM
Contests List
World Forex
—
XM
- StarterStart Balance: $500 · Prize Pool: $15000 · Period: WeeklyLearn More
- ProStart Balance: $1000 · Prize Pool: $30,000 · Period: WeeklyLearn More
Customer Support
| Contact | World Forex | XM |
|---|---|---|
Email | support@wforex.com | support@xm.com |
Phone | +448704798221 | +5012236696 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | ||
TikTok | — | TikTok |
Email
World Forex
Phone
World Forex
Telegram
World Forex
XM
—
Facebook
World Forex
—
XM
LinkedIn
World Forex
—
XM
Instagram
World Forex
—
TikTok
World Forex
—
XM
Which Broker is Better?
After comparing World Forex and XM, XM comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.