XM vs OKX
XM | OKX |
---|---|
![]()
4.4
|
![]()
4.1
|
![]() |
![]() |
XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC. |
OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders. |
Bonus Offer | |
$30 No Deposit Bonus When You Register A Real Account | $10 in BTC |
Promotions | |
Improve The Speed & Reliability Of Your Trades With The XM VPS |
|
Comment by Reviewer | |
"XM is one of the best forex and CFD brokers we have tested. The flexible account types will suit a variety of short-term trading styles while the $5 minimum deposit and smooth sign-up process make it easy to start trading." | "OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures | Spot, futures, perpetual swaps, options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$5 | 10 USDT |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
0.01 Lots | Variable |
Regulator | |
ASIC, CySEC, DFSA, FSC, FSCA | VARA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
0.2% | |
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 | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | Yes |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS, Android & Windows | Android & iOS |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
XM global offers a user-friendly copy trading service. Aspiring investors can copy the trades of strategy managers. Investors can find strategy managers by viewing performance metrics and can decide how much they want to invest. Strategy managers can earn 50% of profits. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | No |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
CFD Trading | |
Speculate on rising and falling prices with leveraged CFDs spanning popular markets, including currencies, equities and commodities. Traders get very low fees and high-quality market insights to support CFD trading. | CFD trading not offered |
Leverage | |
1:1000 | |
FTSE Spread | |
1.5 pts | |
GBPUSD Spread | |
1.9 | |
Oil Spread | |
0.03 | |
Stocks Spread | |
0.002 | |
Forex Trading | |
XM offers ultra low spreads across a wide range of forex assets 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 investors can go long or short with leverage. XM offers an excellent range of cryptocurrencies, including major tokens like Bitcoin, Ethereum and Ripple. | OKX offers a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions. |
Spread | |
Variable | Variable |
Coins | |
|
|
Crypto Lending | |
No | Yes |
Crypto Mining | |
No | Yes |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
![]() |
![]() |
More Comparisons | |
XM vs |
OKX vs |