CFD Global FX vs XM

OANDA vs XM Comparison Table 2023
CFD Global FX vs XM	XM
Review 4.5 OANDA is #1 in our broker rankings.	Review 4.4
Traders from US accepted	Traders from US not accepted
OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus	XM.com offers a range of account types and a $5 minimum deposit to appeal to all levels of trader. With 1000+ markets and low variable spreads XM.com provides an excellent trading experience.
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
Awards
Best US Broker 2023 - DayTrading.com Best Trading Tools winner (Online Personal Wealth Awards 2021) Awarded highest overall client satisfaction (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Awarded highest client satisfaction for mobile platform/app (Investment Trends 2021 US Leverage Trading Report, Margin Forex) Voted Most Popular Broker 2021 (TradingView Broker Awards) Voted Best Forex and CFD Broker 2021 (TradingView Broker Awards)	The Best Crypto CFDs 2022 - Financial Expo Egypt Best FX Service Provider 2022 - City of London Wealth Management Awards Best MT4/MT5 Broker 2021 - DayTrading.com Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards Best Trading Experience 2021 - Ultimate Fintech Best FX Service Provider 2021 - City of London Wealth Management Awards Best Broker in Customer Service 2020 - FX168 Best Customer Service Experience 2020 – Global Business Awards Global Forex Broker of the Year 2020 - Global Forex Awards Best FX Service Provider for 2020 - City of London Wealth Management Awards
Promotions
Get $200 In Transfer Fee Rebates When You Switch To Firstrade Double Your Deposit With The World Forex Welcome Bonus CloseOption Runs Weekly Trading Contest With $3K Prize Pot	Improve The Speed & Reliability Of Your Trades With The XM VPS
Bonus
$5,000 welcome bonus with a deposit of $500	Free VPN Services
Instruments
Forex	Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks
Demo Account
Yes	Yes
Minimum Deposit
$0	5 $/€/£
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits	Multiple local payment methods available
Minimum Trade
$0	0.01 Micro lots
Regulator
CFTC, NFA	IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
FxTrade, MT4	iOS, Android & Windows
Auto Trading
EAs	Yes (EAs)
Copy Trading
No	Yes
Copy Trading Platform
	XM offers over 1,000 instruments and copy trading on MT4 and MT5. Although you may not get the same interactive feel as some of the proprietary platforms, the MetaTrader platforms will not disappoint in terms of their advanced trading features and tools, including MQL5 signals.
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD JPY CHF HKD SGD	USD EUR GBP CAD AUD JPY ZAR CHF PLN
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng London Stock Exchange Nasdaq Russell 2000	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Korean Stock Exchange Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange
Commodities
Copper Corn Gold Palladium Platinum Silver Wheat	Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Precious Metals Silver Sugar Wheat
CFD Trading
CFD trading not offered	Leveraged CFD trading via several live accounts with signals and tight spreads available.
Leverage
1:30 EU, 1:200 Global	1:500
FTSE Spread
1.0	1.5 pts (var)
GBPUSD Spread<
3.4	2.1 (var)
Oil Spread
3.0	0.05 (var)
Stocks Spread
Variable	0.1% (var)
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions.	XM.com deliver ultra low spreads across a range of forex markets. Flexible lot sizes while Micro and Zero accounts accommodate every level of trader.
Forex App
The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.	XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities. Try it out today.
GBPUSD Spread
3.4	2.1 pips (var)
EURUSD Spread
1.6	1.6 pips (var)
EURGBP Spread
1.7	2 pips (var)
Assets
70	55+
Cryptocurrency
Speculate on the world's biggest cryptos by market cap
Spread
$100
Coins
BTC ETH LTC BCH PAXG LINK MATIC UNI AAVE SOL
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
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