XM — review & details

In Forex & CFD brokers · By the Rateweb editorial team · How we rate · Details checked 30 Jul 2026

A large global MT4/MT5 broker with a published $5 minimum deposit and extensive free education. Ghanaian clients onboard under an offshore entity — verify which one, and its regulator, before funding.

Low minimum

XM

A large global MT4/MT5 broker with a published $5 minimum deposit and extensive free education. Ghanaian clients onboard under an offshore entity — verify which one, and its regulator, before funding.
★★★★☆
4.0/5 · How we rate
From $5 (published)
Minimum Deposit
MT4 / MT5
Platforms
Offshore entities — confirm the exact onboarding entity on the regulator's register
Regulation
None in Ghana — no local licensing regime exists
Local Recourse
0
Local Deposit
standard
Account
Pros
  • Very low published minimum deposit
  • Established MT4/MT5 platforms
  • Strong free education for beginners
Cons
  • Offshore onboarding — protections depend on the entity
  • No Ghanaian regulator to turn to
  • High-risk product regardless of broker
Visit XM

How XM compares in forex & cfd brokers

XM scores 4.0/5 in our forex & cfd brokers rankings. It's our current top pick in this category. Always compare a few before you decide — see the full forex & cfd brokers comparison.

XM
4.0/5 · this page
 Exness
3.9/5
Minimum Deposit From $5 (published) Varies by account — confirm in the cashier before funding
Platforms MT4 / MT5 MT4 / MT5
Regulation Offshore entities — confirm the exact onboarding entity on the regulator's register Offshore entities — verify the one that onboards Ghana
Local Recourse None in Ghana — no local licensing regime exists None in Ghana — no local licensing regime exists
Local Deposit 0 0
Visit XM → Visit Exness →

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Details last checked: July 2026

Ratings are Rateweb's editorial opinion. Product details are checked periodically but can change — confirm current terms with the provider before acting. We may earn a commission from some links, at no cost to you.