XM is one of the most popular retail forex brokers, serving millions of clients across 196 countries. The $5 minimum deposit and micro accounts make it ideal for beginners. XM offers leverage up to 1:888 and a variety of account types including Micro, Standard, Ultra Low, and Shares accounts. Regulated by ASIC, CySEC, and DFSA, XM maintains strong regulatory compliance. The broker frequently offers deposit bonuses and loyalty programs.