Infinox vs XM

Infinox vs XM Comparison Table 2023
Infinox	XM
Review 3.4	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Infinox is a UK-based and FCA-regulated broker that offers diverse trading products thanks to its STP and ECN account types and support for MetaTrader 4, MetaTrader 5 and a proprietary platform. Clients can also benefit from a free VPS that can support automated strategies and a social trading platform, catering to both beginner and seasoned traders.	XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.
Bonus Offer
	$30 No Deposit Bonus When You Register A Real Account
Promotions
	Improve The Speed & Reliability Of Your Trades With The XM VPS
Comment by Reviewer
"Serious day traders will appreciate the tight spreads and competitive fees available on Infinox's ECN account."	"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading."
Pros
The advanced IX Exchange will serve active day traders with sophsticated analysis tools A well-rounded broker with a choice of pricing models, platforms, apps and accounts The copy trading service and zero minimum deposit make Infinox suitable for beginners FCA is a tier-one regulator boosting the broker's trust and security score Multiple account currencies serving global traders No inactivity fee to deter casual traders Low starting deposit of just £1	Transparent and low fees with spreads from 0.0 pips that will protect day trading profit margins Beginner-friendly educational materials including podcasts and expert-led webinars in 16 languages Premium research including market sentiment, fundamental insights and strategy builders Accessible trading accounts with a $5 minimum deposit and fast account opening Powerful MT4 and MT5 charting platforms available via desktop and mobile apps Reliable 24/7 customer support with fast response times during testing Hugely respected broker authorized by tier-one regulators 1000+ instruments including 50+ forex pairs No re-quotes and no rejections policy
Cons
Market research is less insightful and frequent than competitors No weekend customer support	Weak regulatory oversight through the global entity Traders from the US not accepted $5 inactivity fee after 3 months VPS costs $28 per month PayPal not supported
Awards
Best Forex Broker For Long Term Trading 2022 Best Forex Copy Trading Platform Africa 2021 Best Trading Account Margin Rates 2020	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 Global Forex Broker of the Year 2020 - Global Forex Awards
Instruments
Forex, CFDs, Indices, Shares, Commodities, Futures	Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
Demo Account
Yes	Yes
Minimum Deposit
£1	$5
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments Finrax Maestro Mastercard Neteller Perfect Money Skrill Sticpay Visa Wire Transfer	Apple Pay Credit Card Debit Card Google Wallet Neteller Perfect Money Skrill TransferWise Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, SCB, FSCA	ASIC, CySEC, DFSA, FSC, FSCA
Margin Trading
Yes	Yes
Margin Rate
	0.2%
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
Yes	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
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS, Android & Windows
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
With IX Social (Infinox social trading), you can automatically replicate the trades of the best investors. On the negative side, the usability and choice of master traders lags behind competitors like eToro.	XM global offers a user-friendly copy trading service. Aspiring investors can copy the trades of strategy managers. Investors can find strategy managers by viewing performance metrics and can decide how much they want to invest. Strategy managers can earn 50% of profits.
Social Trading
Yes	Yes
Trade Signals
MQL4 & MQL5	Yes
VPS Hosting
Yes	Yes
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$5
Islamic Account
No	Yes
Account Currencies
USD EUR GBP AUD JPY	USD EUR GBP AUD JPY ZAR CHF SGD PLN HUF
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange S&P 500 Tokyo Commodity Exchange	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Cocoa Coffee Copper Cotton Gold Natural Gas Oil Silver Soybeans Sugar Wheat	Cocoa Coffee Copper Corn Cotton Gold Natural Gas Oil Silver Soybeans Sugar Wheat
CFD Trading
Trade CFDs on forex, stocks, commodities and indices with tight spreads and leverage limited to the FCA-sanctioned maximum of 1:30. Infinox traders benefit from lightning-fast execution speeds and a choice between STP and ECN pricing, making this a flexible option for beginner and serious traders.	Speculate on rising and falling prices with leveraged CFDs spanning popular markets, including currencies, equities and commodities. Traders get very low fees and high-quality market insights to support CFD trading.
Leverage
1:30 (UK), 1:200 (Global)	1:1000
FTSE Spread
0.9	1.5 pts
GBPUSD Spread
0.4	1.9
Oil Spread
0.06	0.03
Stocks Spread
0.02 USD	0.002
Forex Trading
Trade 45 major, minor and exotic forex pairs. This is an average range, but the broker offers attractive and very competitive tight floating spreads from 0.3. Useful features including a news feed set the broker apart from many rivals and can help plan forex strategies.	XM offers ultra low spreads across a wide range of forex assets 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.
GBPUSD Spread
0.4	1.9
EURUSD Spread
0.3	1.6
EURGBP Spread
0.3	1.8
Assets
45+	55+
Currency Indices
USD	USD
Cryptocurrency
Crypto trading not offered	XM offers crypto trading through CFDs. This means investors can go long or short with leverage. XM offers an excellent range of cryptocurrencies, including major tokens like Bitcoin, Ethereum and Ripple.
Spread
	Variable
Coins
	BTC ETH LTC XRP BCH ADA XLM EOS NEO TRX DASH MIOTA XMR ZEC ETC BTG OMG QTUM BTT NANO AAVE ALG
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
Infinox vs	XM vs