XM vs FXCC

XM vs FXCC Comparison Table 2023
XM	FXCC
Review 4.4	Review 4.5
Traders from US not accepted	Traders from US not accepted
XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted CySEC-regulated broker has been well-known for its low spreads and competitive fees on 1000+ instruments. XM offers both the MT4 and MT5 platforms.	FXCC is a trustworthy trading broker regulated by the CySEC. The brokerage offers ECN trading executions, spreads from zero pips and no commissions. The brand is also well-known for its welcome bonuses and trading deals, including a free VPS.
Bonus Offer
Free VPN Services	100% First Deposit Bonus Up To $2000
Promotions
Improve The Speed & Reliability Of Your Trades With The XM VPS	Sign Up With FXCC To Use Their Free Forex 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."	"FXCC is a good option for traders looking for wide market access with high leverage up to 1:500 and access to the reliable MetaTrader 4 platform."
Pros
Beginner-friendly education tools including podcasts and expert-led webinars in 9 languages Premium research including market sentiment, fundamental insights and strategy builders Accessible trading accounts with a $5 minimum deposit and easy account opening Powerful MT4 and MT5 platforms available via web, desktop or mobile Reliable 24/5 customer support in over 25 languages Hugely respected brand with 30+ industry awards Transparent fees with spreads from 0.0 pips 1000+ instruments including 50+ forex pairs	Traders Corner Blog and other free educational resources for newer traders No deposit fees except industry-standard mining charges on cryptos No restrictions on strategies including scalping and hedging ECN spreads from 0.0 pips with no commission Islamic account for Muslim traders Trusted and licensed by the CySEC Expert Advisors supported 100% first deposit bonus
Cons
$5 inactivity fee Traders from the US not accepted	US traders not accepted Copy trading not offered No MetaTrader 5 download No trading on individual stocks and shares
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	Best STP Broker 2019 - World Finance Magazine Awards Best Trading Account (XL Account) 2019 - World Finance Magazine Awards Best Trading Account (XL Account) Europe 2018 - Global Banking & Finance Awards Best STP Broker Europe 2018 - Global Banking & Finance Awards Best Trading Account (XL Account) 2018 - JFEX Awards Best MT4 Broker 2018 - JFEX Awards Best Islamic Forex Broker (XL Account) 2018 - MENA Forex Show Awards Best STP/ECN Forex Broker 2018 - MENA Forex Show Awards Best Forex Trading Account 2017 - UK Forex Awards
Instruments
Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks	Forex, Indices, Metals, Energies, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$5	$0
Payment Methods
Multiple local payment methods available	Bitcoin Payments Boleto Credit Card Debit Card Ethereum Payments Mastercard Netbanx Asia Neteller Paysafecard Rapid Transfer Skrill Sofort UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 lots
Regulator
IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI	CySEC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
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	Yes
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	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android & Windows	Yes
Auto Trading
Yes (EAs)	EAs on MT4
Copy Trading
Yes	No
Copy Trading Platform
XM offers over copy trading on MT4 and MT5. Integrated signals can be used to inform trades, including buy and sell decisions and entry and exit points.
Social Trading
No	No
Trade Signals
Yes	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY ZAR CHF PLN	USD EUR GBP
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange SIX Swiss Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Precious Metals Silver Sugar Wheat	Gold Oil Palladium Platinum Precious Metals Silver
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 currencies, metals, energies, indices and cryptos with flexible leverage. 24/5 customer support is available to assist new clients while the MT4 platform comes with free tutorials and user guides.
Leverage
1:500	1:500
FTSE Spread
1.5 pts (var)	Variable
GBPUSD Spread
2.1 (var)	1.0 pip average
Oil Spread
0.05 (var)	Variable
Stocks Spread
0.1% (var)	NA
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.	FXCC offers leading fees compared to alternatives with spreads as low as 0.0 pips and $0 commission. Over 70 currency pairs are also available, providing more opportunities than most competitors.
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)	1.0 pip average
EURUSD Spread
1.6 pips (var)	0.2 pips average
EURGBP Spread
2 pips (var)	0.5 pips average
Assets
55+	70+
Currency Indices
USD
Cryptocurrency
Crypto trading not offered	Trade eight of the most popular cryptocurrencies, including Bitcoin, Ethereum and Litecoin. High leverage up to 1:10 is available on BTC and 1:5 on other cryptos.
Spread
	Variable
Coins
	BTC BCH ETH LTC XMR ZEC DAS XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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