ForexPH.com
XM

XM

Lowest Deposit

Lowest Minimum Deposit — $5 to Start

4.5Reviewed March 2026
Min Deposit
$5
Spreads From
0.6 pips
Max Leverage
1:1000
Founded
2009
ASIC RegulatedCySEC RegulatedIFSC Belize Regulated
Open XM Account

Opens XM's official website. CFD trading involves risk of loss.

Quick Verdict

XM (Trading Point of Financial Instruments) was established in 2009 and is regulated by top-tier authorities including ASIC and CySEC. The broker has over 10 million clients worldwide. For Filipino beginners, XM is attractive due to its $5 minimum deposit, generous welcome bonus, and extensive free educational content. XM offers over 1,000 instruments across forex, stocks, commodities, and indices. The platform is MT4/MT5, familiar to most PH traders.

Our Rating Breakdown

Overall Score4.5
Regulation & Safety4.6
Spreads & Fees4.3
Trading Platform4.5
Customer Support4.7
Deposits & Withdrawals4.0

Pros & Cons

Pros

  • Industry-lowest $5 minimum deposit
  • Generous welcome bonus for new traders
  • Over 55 currency pairs available
  • Excellent educational resources
  • ASIC & CySEC regulated (top-tier)
  • No re-quotes, no hidden fees

Cons

  • No GCash support
  • Spreads not the tightest (from 0.6 pips)
  • Bonus comes with trading volume requirements

Key Trading Details

Minimum Deposit
Start with just $5 (~₱285)
Spreads From
0.6 pips
Maximum Leverage
1:1000
Commission
$0 commission on Standard and Micro accounts
Founded
2009
Regulation
ASIC, CySEC, IFSC Belize, DFSA

Deposit & Withdrawal Methods for Filipino Traders

Visa / Mastercard
BDO / BPI Bank Transfer
Skrill / Neteller
GCash
Not currently supported

Supported Trading Platforms

MetaTrader 4
MetaTrader 5
XM App

Frequently Asked Questions about XM (Philippines)

Is XM regulated and safe to use in the Philippines?+
Yes. XM is regulated by ASIC and CySEC. These are top-tier financial regulators that enforce strict capital requirements and client fund protection. While XM is not directly licensed by Philippine authorities (BSP or SEC), trading with internationally regulated brokers is widely practiced and not prohibited for individual Filipino traders.
What is the minimum deposit for XM in the Philippines?+
Start with just $5 (~₱285) This can be funded via Visa / Mastercard, BDO / BPI Bank Transfer, Skrill / Neteller.
Does XM support GCash deposits in the Philippines?+
No, XM does not currently support GCash deposits. Filipino traders can fund their account via Visa/Mastercard or international bank transfer. For GCash support, consider Exness which does accept GCash directly.
What trading platforms does XM offer?+
XM supports the following trading platforms: MetaTrader 4, MetaTrader 5, XM App. MetaTrader is the most widely used forex trading platform globally, offering advanced charting, automated trading (Expert Advisors), and a large community of resources.
What is the maximum leverage offered by XM?+
XM offers leverage up to 1:1000. While high leverage can amplify profits, it equally amplifies losses. For beginners, we recommend using low leverage (1:10 to 1:50) and always setting a stop loss on every trade. High leverage is a significant risk factor and should only be used by experienced traders.

Ready to Trade with XM?

XM offers the lowest minimum deposit in the industry ($5) and excellent education, making it ideal for beginners in the Philippines starting with limited capital.

Open XM Account

Opens XM's official website. CFD trading involves risk of loss.

Risk Warning: Trading forex and CFDs involves significant risk. 74–89% of retail investor accounts lose money. Past performance is not indicative of future results. Please ensure you fully understand the risks before trading.