Questrade vs XM

Questrade vs XM Comparison Table 2022
Questrade XM
Not Yet Rated
United States Flag Traders from US not accepted
4.4
United States Flag Traders from US not accepted
Questrade is an online brokerage providing self-investing and trading products. 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
#1 Investor Satisfaction 2020 - J.D. Power's Self Directed Investor Satisfaction Study
Seal of Service Excellence 2019 - DALBAR
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
Bonus
5 commission-free trades Free VPN Services
Instruments
Forex, CFDs, indices, shares, precious metals, mutual bonds, options, warrants, GICs, ETFs Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks
Demo Account
Yes Yes
Minimum Deposit
$1,000 5 $/€/£
Payment Methods
Multiple local payment methods available
Minimum Trade
0.01 lots 0.01 Micro lots
Regulator
IIROC IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI
Margin Trading
No Yes
MetaTrader 4
No 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
Yes iOS, Android & Windows
Auto Trading
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 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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
Stock Exchanges
CFD Trading
Trade CFDs in online financial markets. Leveraged CFD trading via several live accounts with signals and tight spreads available.
Leverage
1:3.33 1:500
FTSE Spread
N/A 1.5 pts (var)
GBPUSD Spread<
2 2.1 (var)
Oil Spread
0.05 0.05 (var)
Stocks Spread
1 cent per share 0.1% (var)
Forex Trading
Trade on FX pairs with spreads from 0.8 pips. 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
2 2.1 pips (var)
EURUSD Spread
1.9 1.6 pips (var)
EURGBP Spread
2.1 2 pips (var)
Assets
110+ 55+
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