XM vs Robinhood

XM vs Robinhood Comparison Table 2023
XM	Robinhood
Review 4.4	Review 0.9 Robinhood is #12 in our CFD broker rankings. We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
Traders from US not accepted	Traders from US 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.	Robinhood have pioneered mobile trading in the US. Their offer attempts to provide the cheapest share trading anywhere.
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
Cons
$5 inactivity fee Traders from the US not accepted
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
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, Options, CFD, Crypto, ETFs
Demo Account
Yes	No
Minimum Deposit
$5	$0
Payment Methods
Multiple local payment methods available	ACH Transfer Apple Pay Automated Customer Account Transfer Service Credit Card Debit Card Google Wallet
Minimum Trade
0.01 Lots	$10
Regulator
IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI	SEC
Margin Trading
Yes	No
Margin Rate
	2.5%
MetaTrader 4
Yes	No
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	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	No
P2P Trading
No	No
Spot Trading
Yes	No
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
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD JPY ZAR CHF PLN
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
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Oil Precious Metals Silver Sugar Wheat
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	1:2
FTSE Spread
1.5 pts (var)	N/A
GBPUSD Spread
2.1 (var)	N/A
Oil Spread
0.05 (var)
Stocks Spread
0.1% (var)	0.3% 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.	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
2.1 pips (var)
EURUSD Spread
1.6 pips (var)
EURGBP Spread
2 pips (var)
Assets
55+
Currency Indices
USD
Cryptocurrency
Crypto trading not offered	Robinhood offers crypto investing with zero commissions
Spread
	0%
Coins
	BTC ETH BCH LTC SOL DOGE BTG OMG XMR QTUM DASH XRP XLM ZEC NEO LSK
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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