TD Ameritrade vs XM

TD Ameritrade vs XM Comparison Table 2023
TD Ameritrade	XM
WINNER TD Ameritrade is the better broker
Review Not Yet Rated Traders from US accepted	Review 4.4 Traders from US not accepted
One of the largest discount brokers in the US, with a fixed trading commission and access to a large array of trading products and securities.	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
Low minimum deposit Good execution speed Full range of instruments Strong regulation Demo account
Cons
No copy trading Few payment methods No MetaTrader 4 integration
Awards
Best Broker for Beginners 2022 - Investopedia Best Online Broker Awards Best Online Broker for Stock Trading Platform and Research 2022 - NerdWallet's Best-Of Awards #1 Platform & Tools, #1 Active Trading, #1 Options Trading, #1 Customer Service, and #1 Phone Support 2022 - StockBrokers.com Online Broker Review	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
	Free VPN Services
Instruments
Stocks, Futures, E-minis, Options, Forex, Crypto, ETFs, Volatility Index	Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks
Demo Account
Yes	Yes
Minimum Deposit
$0	5 $/€/£
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Cheque Wire Transfer	Multiple local payment methods available
Minimum Trade
None	0.01 Micro lots
Regulator
SEC, FINRA, CFTC	IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
Yes	No
eSignal
Yes	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	Yes
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	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
Yes - Auto trading available via bots	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
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
None
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP CAD AUD JPY ZAR CHF PLN
Stock Exchanges
Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Korean Stock Exchange Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange US Dollar Index
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Precious Metals Silver Sugar Wheat
CFD Trading
CFD trading not offered	Leveraged CFD trading via several live accounts with signals and tight spreads available.
Leverage
	1:500
FTSE Spread
	1.5 pts (var)
GBPUSD Spread<
	2.1 (var)
Oil Spread
	0.05 (var)
Stocks Spread
	0.1% (var)
Forex Trading
Trade 75+ major and minor currency pairs with floating spreads.	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
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.	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
Variable	2.1 pips (var)
EURUSD Spread
Variable	1.6 pips (var)
EURGBP Spread
Variable	2 pips (var)
Assets
75+	55+
Cryptocurrency
Invest in cryptocurrency via OTC Trusts, ETFs, mutual funds and Bitcoin futures
Spread
Commission fees apply
Coins
BTC ETH MBT MET
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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