XM fees explained

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XM offers a beginner-friendly online trading experience with low trading and non-trading fees. XM is a leading online broker with a transparent fee structure. It has top-tier licenses from the ASIC, FCA, CySEC, and IFSC. 

Each online broker has a specific fee structure. This article discusses the fees at XM. 

Trading Fees 

XM has low trading fees. For example, the stock fee for a $2,000 trade is $0. We review online brokers with real money and accounts. Our findings depend on many factors, including trading volume. Check our in-depth reviews to discover more about the trading fees at XM. 

Apple benchmark fee$6.0$10.6$33.8
Vodafone benchmark fee$1.2$31.2
EURUSD benchmark fee$9.5$8.8$8.3

Financing Rates 

XM has low financing rates. For example, the yearly financing rate for Apple CFDs is 3.2%. Financing rates are essential if you plan to hold your positions for the long term. 

Apple CFD financing rate3.2%2.7%3.9%
Vodafone CFD financing rate3.1%2.8%
EURUSD financing rate1.7%1.5%1.6%
EURGBP financing rate1.6%1.5%1.6%

Non-trading Fees 

XM has average non-trading fees. Non-trading fees are important when it comes to online trading. The withdrawal and deposit fee at XM is $0. Check our in-depth reviews to learn more about non-trading fees at XM. 

Withdrawal fee$0$0$3
Deposit fee$0$0$0
Inactivity feeYesYesYes
Account feeNoNoNo

Deposit Fees 

XM does not charge a deposit fee for bank transfers, credit/debit cards, and electronic wallets. Deposit fees happen when transferring funds from your personal accounts to your brokerage account. Trustworthy online brokers offer fee-free deposits. 

Bank transferYesYesYes
Credit/debit cardYesYesYes
Electronic walletsYesYesYes
Deposit fee$0$0$0

Withdrawal Fees 

XM does not charge a withdrawal fee for bank transfers, credit/debit cards, and electronic wallets. Charging a withdrawal fee is common among leading online brokers. Read our in-depth reviews to learn more about trading costs at XM. 

Bank transferYesYesYes
Credit/debit cardYesYesYes
Electronic walletsYesYesYes
Withdrawal fee with bank transfer$0$0$3

Inactivity Fee 

XM has a $15 one-off maintenance fee after one year of inactivity. A $5 per month fee follows this if the account remains inactive. 

Inactivity feeYesYesYes
Inactivity fee$15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive.$15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity$5 per month after 6 months of inactivity

Final Verdict 

XM is a leading online broker with an average fee structure. Trading costs at this broker are lower than with competitor brokerage firms. It is a top choice for new traders who want access to reliable trading services. Learn more about online trading and fees from our in-depth reviews. 

XM compared to other brokers:

XM review


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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.


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