GoFX vs XM

GoFX vs XM Comparison Table 2023
GoFX XM
WINNER
XM is the better broker
3.4
United States Flag Traders from US not accepted
4.4
United States Flag Traders from US not accepted
GoFX is an online broker aimed at traders from Thailand. Multiple account tiers, no deposit bonuses and loyalty promos available. 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.
Pros
  • Full range of investments
  • Low minimum deposit
  • No demo account
  • MT4 integration
Cons
  • Weak regulatory oversight
  • No copy trading
Awards
  • Fastest Growing Broker 2021 - Forex 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

Improve The Speed & Reliability Of Your Trades With The XM VPS

Bonus
$50 No Deposit Bonus Free VPN Services
Instruments
Forex, Cryptos, CFDs on Stocks, Indices & Commodities 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
0.01 Lots 0.01 Micro lots
Regulator
FSA 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
No No
Autochartist
No 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
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android 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 (via MT4) Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
Stock Exchanges
Commodities
CFD Trading
Speculate on several markets without owning the underlying asset. High leverage available. Leveraged CFD trading via several live accounts with signals and tight spreads available.
Leverage
1:3000 1:500
FTSE Spread
0.01 1.5 pts (var)
GBPUSD Spread<
0.00001 2.1 (var)
Oil Spread
0.01 0.05 (var)
Stocks Spread
Variable 0.1% (var)
Forex Trading
Trade major and minor currency pairs on the MT4 platform. 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
0.00001 2.1 pips (var)
EURUSD Spread
0.00001 1.6 pips (var)
EURGBP Spread
0.00001 2 pips (var)
Assets
28 55+
Cryptocurrency
Trade popular cryptos with USD cross pairs.
Spread
0.0001
Coins
  • BTC
  • ADA
  • ETH
  • LTC
  • DOG
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
GoFX
vs
XM
vs