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Soho Markets vs XM

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick XM leads on safety — winning 3 of 4 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Soho Markets Forex
46/100 risk
🇨🇾 Cyprus
Read review →
XM Forex
27/100 risk
🇨🇾 Cyprus
Read review →
Safety & Trust
Scam-risk score lower = safer
46
27
Verdict
Guarded
Guarded
Regulated
No
Yes
Licenses
0
6
Tier-1 regulators
0
2
Trustpilot score
2.2
Reviews collected
3179
Exit risk lower = safer
Severe
Known clones
0
10
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$5
Max leverage
1:1000
Min spread (best acct)
from 0.6
Commission
Cost grade
A
Account types
0
4
Best for
Suits
Traders who prioritize regulatory oversight and are willing to accept potential delays, Experienced traders who can navigate KYC and support hurdles
Not for
Risk-averse traders
Traders who require fast, reliable withdrawals, Beginners who may be overwhelmed by account blocks and support issues, Traders seeking transparent fee structures
Products & Funding
Instruments
Currency pairs (major, minor and exotic), stock CFDs, CFDs on cryptocurrencies, commodities, turbo stocks, precious metals, thematic indices
Deposit methods
--
Withdrawal
--
Execution
Speed
AAA
Slippage
AAA
Swap cost
A
Company
Founded
2022-04-06
2017-09-11
Headquarters
🇨🇾 Cyprus
🇨🇾 Cyprus
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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