Weltrade vs XM

Weltrade vs XM Comparison Table 2023
Weltrade Review 2023	XM Review 2023
Review Not Yet Rated	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Weltrade is an established online broker providing tight spreads & powerful tools.	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
	$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
	"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
	Beginner-friendly education tools 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 easy account opening Powerful MT4 and MT5 platforms available via web, desktop or mobile Reliable 24/7 customer support in over 30 languages Hugely respected brand with 30+ industry awards Transparent fees with spreads from 0.6 pips 1000+ instruments including 50+ forex pairs
Cons
	$5 inactivity fee Traders from the US not accepted
Awards
Best Foreign Broker 2019 - Asia Forex Expo Best Customer Service 2017 - Forex Choice Best Trade Executions 2015 - China FX Expo Best Customer Service Russia 2014 - Global Financial Market 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
Instruments
Forex, CFDs, commodities, cryptocurrencies	Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$25	$5
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
Cashu EasyPay Neteller Perfect Money Skrill Visa	Apple Pay Credit Card Debit Card Google Wallet Neteller Perfect Money Skrill TransferWise Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	ASIC, CySEC, DFSA, FSC
Margin Trading
No	Yes
Margin Rate
	0.2%
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	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$15
Islamic Account
No	Yes
Account Currencies
	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 Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Silver	Cocoa Coffee Copper Corn Cotton Gold Oil Silver Soybeans Sugar Wheat
CFD Trading
Diversify your trading portfolio with CFDs.	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
1:1000	1:1000
FTSE Spread
N/A	1.5 pts (var)
GBPUSD Spread
2.1	1.9 (var)
Oil Spread
7	0.03 (var)
Stocks Spread
N/A	0.002 (var)
Forex Trading
Weltrade provides leveraged trading in the highly-liquid FX market.	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
	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
2.1	1.9
EURUSD Spread
1.5	1.6
EURGBP Spread
2.4	1.8
Assets
37	55+
Currency Indices
	USD
Cryptocurrency
Trade crypto-only pairs and crypto coins against fiat currencies.	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
Floating from zero	Variable
Coins
BCH BTC DSH EOS ETH LTC NEO XMR XRP ZEC	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

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