XM fees explained

Page Summary

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. 

Fee Comparison

XM FxPro FXTM
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. 

Financing Rates Cpmpared

XM FxPro FXTM
Apple CFD financing rate 3.2% 2.7% 3.9%
Vodafone CFD financing rate 3.1% 2.8%
EURUSD financing rate 1.7% 1.5% 1.6%
EURGBP financing rate 1.6% 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. 

Non-trading Fees Compared

XM FxPro FXTM
Withdrawal fee $0 $0 $3
Deposit fee $0 $0 $0
Inactivity fee Yes Yes Yes
Account fee No No No

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. 

Deposit Fees Compared

XM FxPro FXTM
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
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. 

Withdrawal Fees Compared

XM FxPro FXTM
Bank transfer Yes Yes Yes
Credit/debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
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 Fee Compared

XM FxPro FXTM
Inactivity fee Yes Yes Yes
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

Disclaimer

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