XM vs BitMEX
XM Review 2023 | BitMEX Review 2023 |
---|---|
![]()
4.4
|
![]()
3.2
|
![]() |
![]() |
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. |
BitMEX is a crypto exchange and derivatives trading platform, launched in 2014, that offers low fees and starting deposit for a fiat–crypto onramp, spot trading, and crypto derivatives including perpetual contracts, traditional futures and quanto futures. BitMEX offers amongst the largest market liquidity of any cryptocurrency exchange. |
Bonus Offer | |
$50 No Deposit Bonus When You Register A Real Account, Deposit Bonus Up To $5000, Free VPN Service | Fee reduction for BMEX token holders |
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." | "Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering. The 100x leverage on Bitcoin is also higher than many alternatives." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto | Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $0.01 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | Variable |
Regulator | |
ASIC, CySEC, DFSA, FSC | Republic of Seychelles |
Margin Trading | |
Yes | Yes |
Margin Rate | |
0.2% | |
STP Account | |
No | No |
ECN Account | |
Yes | No |
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 | No |
Market Maker | |
Yes | Yes |
P2P Trading | |
No | Yes |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS, Android & Windows | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | BitMEX Market Maker, BotVS, and via API |
Copy Trading | |
No | No |
Social Trading | |
No | Yes |
Trade Signals | |
Yes | |
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 | |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
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. | CFD trading not offered |
Leverage | |
1:1000 | |
FTSE Spread | |
1.5 pts (var) | |
GBPUSD Spread | |
1.9 (var) | |
Oil Spread | |
0.03 (var) | |
Stocks Spread | |
0.002 (var) | |
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. | Forex trading not offered |
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 | |
1.9 | |
EURUSD Spread | |
1.6 | |
EURGBP Spread | |
1.8 | |
Assets | |
55+ | |
Currency Indices | |
|
|
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. | BitMEX offer the largest liquidity crypto trading environment anywhere. Contracts start from just $1. The firm is also compliant with global AML guidance and the platform offers cutting-edge crypto exchange and hedging. |
Spread | |
Variable | -0.01% maker, 0.075% taker |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | Yes |
![]() |
![]() |
More Comparisons | |
XM vs |
BitMEX vs |