XM vs Baxia Markets

XM vs Baxia Markets Comparison Table 2023
XM Baxia Markets
WINNER
XM is the better broker
4.4
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Baxia Markets is an offshore CFD broker providing access to forex, commodities, cryptos and indices. The online brokerage offers straight-through processing with tight spreads and ultra-low latency.

Pros
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MetaTrader 4 integration
  • Full range of investments
Cons
  • Weak regulatory oversight
Awards
  • 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

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Bonus
Free VPN Services $30 Welcome Bonus
Instruments
Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks CFDs on Forex, Commodities, Cryptos & Indices
Demo Account
Yes Yes
Minimum Deposit
5 $/€/£ $50
Payment Methods
Multiple local payment methods available
Minimum Trade
0.01 Micro lots 0.01 lots
Regulator
IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI SCB, FSA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes 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 Yes
ECN Account
Yes No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android & Windows MT4 & MT5 iOS & Android
Auto Trading
Yes (EAs) Yes (EAs)
Copy Trading
Yes 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. Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD trading via several live accounts with signals and tight spreads available. Use highly leveraged CFDs to speculate on popular financial markets.
Leverage
1:500 1:500
FTSE Spread
1.5 pts (var) From 1.0
GBPUSD Spread<
2.1 (var) From 0.0
Oil Spread
0.05 (var) From 1.0
Stocks Spread
0.1% (var) N/A
Forex Trading
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. Trade 56 major and minor currency pairs with spreads from 0.01 pips.
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 pips (var) From 0.0
EURUSD Spread
1.6 pips (var) From 0.0
EURGBP Spread
2 pips (var) From 0.0
Assets
55+ 56
Cryptocurrency
Trade popular crypto-fiat crosses with low spreads.
Spread
Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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