XM vs Interactive Brokers
XM | Interactive Brokers |
---|---|
![]()
4.4
|
![]()
4.3
Interactive Brokers is #12 in our CFD broker rankings. |
![]() |
![]() |
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. |
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Promotions | |
Improve The Speed & Reliability Of Your Trades With The XM VPS |
|
Bonus | |
Free VPN Services | |
Instruments | |
Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks | Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | $10000 |
Payment Methods | |
Multiple local payment methods available | |
Minimum Trade | |
0.01 Lots | $100 |
Regulator | |
IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI | SEC, FCA, IIROC, SFC |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1.55 - 2.59% | |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | Yes |
OmniTrader | |
No | Yes |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | Yes |
Trading Central | |
No | Yes |
STP Account | |
No | Yes |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS, Android & Windows | iOS, Android and Windows |
Auto Trading | |
Yes (EAs) | |
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 | |
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 | |
0 | |
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. | |
Leverage | |
1:500 | 1:50 |
FTSE Spread | |
1.5 pts (var) | 0.005% (£1 Min) |
GBPUSD Spread | |
2.1 (var) | Commission (.20 pts x trade value) |
Oil Spread | |
0.05 (var) | N/A |
Stocks Spread | |
0.1% (var) | From 0.003 per share, variable |
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. | |
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) | Commission (.20 pts x trade value) |
EURUSD Spread | |
1.6 pips (var) | Commission (.20 pts x trade value) |
EURGBP Spread | |
2 pips (var) | Commission (.20 pts x trade value) |
Assets | |
55+ | 70+ |
Currency Indices | |
|
|
Cryptocurrency | |
Crypto trading not offered | |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
![]() |
![]() |
More Comparisons | |
XM vs |
Interactive Brokers vs |