XM vs Charles Schwab

XM vs Charles Schwab Comparison Table 2022
XM Charles Schwab
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best MT4/MT5 Broker 2021 - DayTrading.com
Global Forex Broker of the Year 2020 - Global Forex Awards
Best FX Broke Europe 2018 - World Finance
Best Forex Execution Broker 2017 - Share
Bonus
Free VPN Services None
Instruments
Forex CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs Stocks, Futures, Options, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
5 $/€/£ $1
Payment Methods
Cashu, Credit Card, Debit Card, Diners Club, M-Pesa, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money ACH Transfer, Wire Transfer
Minimum Trade
0.01 Micro lots 1
Regulator
IFSC, DFSA, CySEC, ASIC SEC, FINRA, FCA1
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No 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 Yes
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS & Android
Auto Trading
Yes (EAs) Yes
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, ZAR, CHF USD
CFD
CFD trading not offered
Leverage
1:500
FTSE Spread
1.5 pts (var)
GBPUSD Spread
2.1 (var)
Oil Spread
0.05 (var)
Stocks Spread
0.1% Var
Forex
XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader. Forex trading not offered
GBPUSD Spread
2.1 pips (var)
EURUSD Spread
1.6 pips (var)
EURGBP Spread
2 pips (var)
Assets
55+
Cryptocurrency
Crypto trading not offered Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks.
Spread
Floating
Coins
GBTC, BITW
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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