XM vs Amega
XM Review 2023 | Amega Review 2023 |
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4.4
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3
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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 | |
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 | |
XM vs |
Amega vs |