FXTM vs XM
| FXTM Review 2023 | XM Review 2023 |
|---|---|
4
|
4.4
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader. |
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. |
| Bonus Offer | |
| 30% up to $100 via Exinity Ltd | $50 No Deposit Bonus When You Register A Real Account, Deposit Bonus Up To $5000, Free VPN Service |
| Promotions | |
|
Improve The Speed & Reliability Of Your Trades With The XM VPS |
|
| Comment by Reviewer | |
| "FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform." | "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 | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex, CFDs, Indices, Commodities, Stocks | Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $5 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius) | ASIC, CySEC, DFSA, FSC |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS, Android & Windows |
| Auto Trading | |
| FXTM Invest plus Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| USD/EUR/GBP 5 per month | $15 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities. | 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 | |
| 1:30 (EU), 1:2000 (Global) | 1:1000 |
| FTSE Spread | |
| 1.3 pts | 1.5 pts (var) |
| GBPUSD Spread | |
| 0.3 (var) | 1.9 (var) |
| Oil Spread | |
| 9 pts (var) | 0.03 (var) |
| Stocks Spread | |
| 0.1% Var | 0.002 (var) |
| Forex Trading | |
| FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips. | 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 | |
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today. |
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 | |
| 0.3 (var) | 1.9 |
| EURUSD Spread | |
| 0.1 (var) | 1.6 |
| EURGBP Spread | |
| 0.2 (var) | 1.8 |
| Assets | |
| 50+ | 55+ |
| Currency Indices | |
|
|
| Cryptocurrency | |
| Crypto trading not offered | 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 | |
| Variable | Variable |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| More Comparisons | |
|
FXTM vs |
XM vs |