FXPesa vs XM

FXPesa vs XM Comparison Table 2022
FXPesa XM
WINNER
XM is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
4.4
United States Flag Traders from US not accepted
FXPesa offers forex and CFD trading from its headquarters in Kenya. 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.
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

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Bonus
30% deposit bonus up to $150 Free VPN Services
Instruments
Stocks, CFD, Forex Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks
Demo Account
Yes Yes
Minimum Deposit
$5 5 $/€/£
Payment Methods
Multiple local payment methods available
Minimum Trade
No minimum 0.01 Micro lots
Regulator
CMA 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
OmniTrader
No No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
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
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
MT4, FXPesa Trader iOS, Android & Windows
Auto Trading
Yes (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
MT4 Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs on popular financial assets, including indices and commodities. Leveraged CFD trading via several live accounts with signals and tight spreads available.
Leverage
1:400 1:500
FTSE Spread
From 0.7 pips 1.5 pts (var)
GBPUSD Spread<
From 0.2 pips 2.1 (var)
Oil Spread
From 0.028 pips 0.05 (var)
Stocks Spread
Not Available 0.1% (var)
Forex Trading
FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. 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

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
From 0.2 pips 2.1 pips (var)
EURUSD Spread
From 0 pips 1.6 pips (var)
EURGBP Spread
From 0.2 pips 2 pips (var)
Assets
66 55+
Cryptocurrency
Crypto trading not offered
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
More Comparisons
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