Broker comparison

XM

Legal entity: XM Global Limited — Jurisdiction BZ, Regulator: Financial Services Commission (Belize), Securities Industry Act 2021, licence 8557558

Legal entity: Trading Point of Financial Instruments Limited — Jurisdiction CY, Regulator: CySEC, licence 120/10

Legal entity: Trading Point MENA Limited — Jurisdiction AE-DIFC, Regulator: DFSA, licence F003484

Minimum deposit: 5 USD (checked 2026-07-29)

Commission: 3.5 USD per lot on the Zero account

Inactivity fee: 5 USD a month after 90 days without trades

Platforms: MetaTrader 4, MetaTrader 5, MT5 WebTrader, XM App

Spreads published by the broker (Standard), checked 2026-08-06:

AvaTrade

Legal entity: Ava Trade Markets Ltd — Jurisdiction VG, Regulator: BVI Financial Services Commission

Legal entity: AVA Trade EU Ltd — Jurisdiction IE, Regulator: Central Bank of Ireland, licence C53877

Minimum deposit: 100 USD (checked 2026-08-06)

Commission: none, spread only

Inactivity fee: 50 USD every 3 months without trades · plus 100 USD a year after 12 months

Platforms: AvaTrade WebTrader, AvaTrade App, AvaOptions, AvaSocial, MetaTrader 4, MetaTrader 5, DupliTrade

Spreads published by the broker, checked 2026-08-06:

FxPro

Legal entity: FxPro Markets Direct Costa Rica Latam, SRL — Jurisdiction CR

Legal entity: FxPro Global Markets Limited — Jurisdiction BS, Regulator: Securities Commission of The Bahamas, licence SIA-F184

Legal entity: FxPro UK Limited — Jurisdiction GB, Regulator: FCA, licence 509956

Commission: from 0 to 5 USD per lot

Inactivity fee: not published · the account is disabled after 3 months without trades

Platforms: FxPro WebTrader, MetaTrader 4, MetaTrader 5, cTrader, TradingView, FxPro Mobile

Spreads published by the broker, checked 2026-08-05:

NAGA

Legal entity: NAGA Markets Europe Ltd — Jurisdiction CY, Regulator: CySEC, licence 204/13

Legal entity: NAGA Capital Ltd — Jurisdiction SC, Regulator: Seychelles FSA, licence SD026

Minimum deposit: 10 USD (checked 2026-08-06)

Commission: none, spread only

Inactivity fee: not published

Platforms: NAGA Web Trader, NAGA App, MetaTrader 5

Spreads published by the broker, checked 2026-08-06:

InstaForex

Legal entity: InstaFinance Ltd — Jurisdiction VG, Regulator: BVI Financial Services Commission, licence SIBA/L/14/1082

Legal entity: Instant Trading EU Ltd — Jurisdiction CY, Regulator: CySEC, licence 266/15

Minimum deposit: 1 USD (checked 2026-08-06)

Commission: from 0 to 0.6 USD per lot

Inactivity fee: 10 USD a month after 3 months without trades

Platforms: MetaTrader 4, MetaTrader 5, InstaForex WebTrader

Spreads published by the broker (Insta.Standard), checked 2026-08-05T11:20Z: