GatesFX vs XM
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
XM wins this comparison — 5 out of 6 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. XM came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
XM winsXM has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 4.60/10. GatesFX scores 4.40/10 on our platform, which is respectable but trails behind.
GatesFX4.40
XM4.60Leverage & Instruments
XM offers greater trading power with maximum leverage of 1:1000 offshore / 1:30 EU & AU. This gives active traders more flexibility to size positions. GatesFX caps leverage at 1:1000, which may limit scalability for experienced traders looking for higher exposure.
GatesFX1:1000XM1:1000 offshore / 1:30 EU & AUDeposit & Withdrawal
XM winsXM supports a wider range of deposit and withdrawal options. It accepts Cards, Bank Transfer, Skrill, Neteller, SticPay, Crypto (USDT/USDC), including cryptocurrency, giving traders more flexibility. GatesFX offers Crypto, which may not suit all traders.
GatesFX$10.00XM$5Platforms & Tools
XM winsXM provides a broader range of trading platforms. It supports MT4, MT5, XM App, giving traders more flexibility in how they access the markets. GatesFX offers TradeLocker, MetaTrader 5, which covers the essentials but falls short on variety.
GatesFXXMRegulation & Safety
XM winsWhen it comes to regulation, XM holds the edge. XM is regulated by CySEC 120/10, ASIC 443670, DFSA F003484, FSC Belize 000261/309, a top-tier authority, while GatesFX operates under No Regulation. For traders who prioritise safety and fund protection, XM is the stronger choice in this category.
GatesFXXMTrading Costs
GatesFX winsXM offers more competitive trading costs overall. With EUR/USD spreads from 0.6 pips (Standard) / 0.0 + $3.5 commission (Zero) and commissions of commission-free, it undercuts GatesFX, which charges spreads of 1.0 Pips with $0 (Standard), $7/lot round turn (ECN Raw), $15/lot round turn (Deposit Bonus) commission. Cost-conscious traders will find XM more attractive.
GatesFX1.0 PipsXM0.6 pips (Standard) / 0.0 + $3.5 commission (Zero)Account Types & Min Deposit
XM winsXM is the more accessible choice for traders getting started. With a minimum deposit of $5, it requires less capital to open an account than GatesFX, which requires $10.00. Lower barriers to entry make XM the winner in this category.
GatesFX$10.00XM$5Our Pick
XM Wins This Round
Based on our side-by-side analysis, XM edges ahead in this matchup. Get started today.
Visit XMReady to Choose?
Frequently Asked Questions
Is GatesFX better than XM?
Based on our analysis across 7 key categories, XM wins with a score of 7–0. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, GatesFX or XM?
XM offers lower trading costs. GatesFX spreads start from 1.0 Pips while XM starts from 0.6 pips (Standard) / 0.0 + $3.5 commission (Zero).
Is GatesFX safer than XM?
XM is regulated by a higher-tier authority. GatesFX is regulated by No Regulation, while XM is regulated by CySEC 120/10, ASIC 443670, DFSA F003484, FSC Belize 000261/309.
Can I use MT5 with both GatesFX and XM?
GatesFX supports TradeLocker, MetaTrader 5 and XM supports MT4, MT5, XM App. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, GatesFX or XM?
XM has the lower minimum deposit requirement. GatesFX requires $10.00 while XM requires $5.
Is GatesFX regulated?
Yes, GatesFX is regulated by No Regulation. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, GatesFX or XM?
For beginners, XM is generally the stronger choice due to its lower minimum deposit. However, both brokers offer standard tools suitable for newer traders.