eToro USA Securities vs XM
| eToro USA Review 2023 | XM Review 2023 |
|---|---|
4.1
eToro USA is #2 in our broker rankings. |
4.4
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 Traders from US accepted |
Traders from US not accepted
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eToro is a social investing platform that offers stocks, ETFs, options, and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, this brand is highly respected. eToro securities trading is offered by eToro USA Securities, Inc. |
XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted FSC-regulated broker has been well-known for its low spreads and competitive fees on 1000+ instruments. XM offers both the MT4 and MT5 platforms. |
| https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD. | |
| Bonus Offer | |
| Invest $100 and get $10 | $50 No Deposit Bonus When You Register A Real Account, Deposit Bonus Up To $5000, Free VPN Service |
| Promotions | |
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Improve The Speed & Reliability Of Your Trades With The XM VPS |
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| Comment by Reviewer | |
| "eToro is a top pick for users looking for social investing and copy trading. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer traders." | "XM will suit traders looking for a trustworthy broker with low fees, access to the reliable MetaTrader platforms, plus excellent market research and education." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Stocks, Options, ETFs, Crypto | Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $5 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $10 | 0.01 Lots |
| Regulator | |
| SEC, FINRA | ASIC, CySEC, DFSA, FSC |
| Margin Trading | |
| No | Yes |
| Margin Rate | |
| 0.2% | |
| 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 | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS, Android & Windows |
| Auto Trading | |
| Copy multiple traders simultaneously with the flexibility to pause and stop. Crypto only. | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| Mirror the positions and strategies of other traders with the eToro US copy trading service. Users can get started in three easy steps - select a trader, enter an amount, and hit copy. Crypto only. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| No | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | $15 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | Speculate on rising and falling prices with leveraged CFDs spanning popular financial markets. Users get low spreads and high-quality market insights to support CFD trading. |
| Leverage | |
| 1:1000 | |
| FTSE Spread | |
| 1.5 pts (var) | |
| GBPUSD Spread | |
| 1.9 (var) | |
| Oil Spread | |
| NA | 0.03 (var) |
| Stocks Spread | |
| $0 | 0.002 (var) |
| Forex Trading | |
| Forex trading not offered | XM offers ultra low spreads across a range of forex markets with no re-quotes or hidden charges. Forex can be traded 24/5 on desktop, web and mobile. Over 50 currency pairs are available including all majors. |
| Forex App | |
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. |
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| GBPUSD Spread | |
| 1.9 | |
| EURUSD Spread | |
| NA | 1.6 |
| EURGBP Spread | |
| 1.8 | |
| Assets | |
| 55+ | |
| Currency Indices | |
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| Cryptocurrency | |
| eToro US leads the way in cryptocurrency trading. 1% fee for buying or selling crypto added to the spread (from 0.75% for BTC), with their own wallet service and the largest number of cryptos to trade in the market. eToro copy trading is only for cryptos. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply. | XM offers crypto trading through CFDs. This means you can speculate on rising and falling prices with leverage. XM offers a good range of cryptocurrencies, including major tokens like Bitcoin. |
| Spread | |
| BTC 0.75% | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD. | |
| More Comparisons | |
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eToro USA vs |
XM vs |