Alpha FX vs XM

Alpha FX vs XM Comparison Table 2022
Alpha FX XM
Alpha FX is a sophisticated forex broker supporting spot, forwards and options trading on 88 currency pairs with a selective, tailored experience and dedicated analysts for clients. XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Best MT4/MT5 Broker 2021 - DayTrading.com
Global Forex Broker of the Year 2020 - Global Forex Awards
Best FX Broke Europe 2018 - World Finance
Best Forex Execution Broker 2017 - Share
Bonus
None Free VPN Services
Instruments
Options, Forex Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs
Demo Account
No Yes
Minimum Deposit
N/A 5 $/€/£
Payment Methods
Cashu, Credit Card, Debit Card, Diners Club, M-Pesa, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money
Minimum Trade
N/A 0.01 Micro lots
Regulator
FCA, FINTRAC, FSA IFSC, DFSA, CySEC, ASIC
Margin Trading
Yes No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
No iOS, Android and Windows
Auto Trading
- Yes (EAs)
Trade Signals
- Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, ZAR, CHF
CFD
CFD trading not offered
Leverage
1:500
FTSE Spread
1.5 pts (var)
GBPUSD Spread
2.1 (var)
Oil Spread
0.05 (var)
Stocks Spread
0.1% Var
Forex
Alpha FX provides premium forex trading support for a range of major, minor and exotic currency pairs. XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.
GBPUSD Spread
8 2.1 pips (var)
EURUSD Spread
2 1.6 pips (var)
EURGBP Spread
4 2 pips (var)
Assets
88 55+
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