The facts
Minimum deposit
$5
Deposit methods
UPI (deposit), Bank wire, Visa/Mastercard, Skrill, Neteller, Local bank transfer
UPI
Yes
Max leverage
1:1,000
Verdict score
7.1 / 10
Data as of 2026-10-24, from XM's own site and the sources on its full review. RBI list: RBI press release 2025-2026/1530, 19 Nov 2025.
Questions
What is the minimum deposit for XM?
The XM minimum deposit is $5.
Can I start with $10 at XM?
Yes.
Which brokers rated as well as XM need a smaller deposit?
IC Markets ($0), Fusion Markets ($0), Pepperstone ($0), Weltrade ($1).