XM vs Amega
| XM Review 2023 | Amega Review 2023 |
|---|---|
4.4
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3
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 Traders from US not accepted
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Traders from US not accepted
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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. |
Amega is an offshore STP broker offering CFD trading on forex, stocks, indices and commodities with very high leverage up to 1:1000 and a zero-commission pricing structure. Traders access markets through the MT5 platform and can test the broker's services through a demo account. |
| Bonus Offer | |
| $50 No Deposit Bonus When You Register A Real Account, Deposit Bonus Up To $5000, Free VPN Service | |
| Promotions | |
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Improve The Speed & Reliability Of Your Trades With The XM VPS |
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| 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." | "Amega is a good option for traders seeking commission-free CFDs with tight spreads on the MT5 platform. We also rate the fast execution speeds of 0.1s which will appeal to active day traders." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto | CFDs, Forex, Shares, Indices, Commodities, Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $20 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, DFSA, FSC | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | 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 | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | MT5 |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $15 | $5 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| 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. | Trade CFDs on 100+ instruments from popular asset classes. Leverage up to 1:200 is available on precious metals, while stocks, indices and energies can access 1:20 max leverage and 1:10 for commodities. On the negative side, the depth of assets is limited vs other CFD brokers. |
| Leverage | |
| 1:1000 | 1:1000 |
| FTSE Spread | |
| 1.5 pts (var) | From 0.8 pips |
| GBPUSD Spread | |
| 1.9 (var) | From 0.8 pips |
| Oil Spread | |
| 0.03 (var) | From 0.8 pips |
| Stocks Spread | |
| 0.002 (var) | From 0.8 pips |
| Forex Trading | |
| 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. | Trade 70+ major, minor and exotic forex pair CFDs with up to 1:1000 leverage, no commission fees and competitive spreads from 0.8 pips. FX trades can also be executed via the reliable and fast MetaTrader 5 software. |
| 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. |
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| GBPUSD Spread | |
| 1.9 | From 0.8 pips |
| EURUSD Spread | |
| 1.6 | From 0.8 pips |
| EURGBP Spread | |
| 1.8 | From 0.8 pips |
| Assets | |
| 55+ | 70+ |
| Currency Indices | |
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| Cryptocurrency | |
| 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. | Trade popular digital tokens against fiat currencies. Go long or short on Bitcoin and get 24/7 instant cashback when you trade in high volumes. However, traders looking for low-cap tokens should look at alternative brokers. |
| Spread | |
| Variable | From 0.8 pips |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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XM vs |
Amega vs |