XM vs Saxo Bank

XM vs Saxo Bank Comparison Table 2022
XM Saxo Bank
4.4
United States Flag Traders from US not accepted
Not Yet Rated
United States Flag Traders from US not accepted
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. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
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 Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
5 $/€/£ $10000
Payment Methods
Cashu, Credit Card, Debit Card, Diners Club, M-Pesa, Perfect Money, QIWI, Sofort, Sticpay, UnionPay, WorldPay, Yandex Money Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 Micro lots Vary by asset
Regulator
IFSC, DFSA, CySEC, ASIC DFSA, MAS, FCA, SFC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No Yes
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
No No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android and Windows SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes (EAs) -
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, ZAR, CHF, PLN USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
Stock Exchanges
Deutsche Boerse, Euronext, Japan Exchange Group, Korean Stock Exchange, London Stock Exchange, SIX Swiss Exchange Trading London Stock Exchange, New York Stock Exchange, Shenzhen Stock Exchange
CFD
Leverage
1:500 1:30
FTSE Spread
1.5 pts (var) 1.2 pts (Variable)
GBPUSD Spread
2.1 (var) 0.7 (var)
Oil Spread
0.05 (var) 0.03
Stocks Spread
0.1% Var 0.10% (subject to min commission)
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.
GBPUSD Spread
2.1 pips (var) 0.7 (varies by region)
EURUSD Spread
1.6 pips (var) 0.2 (varies by region)
EURGBP Spread
2 pips (var) 0.6 (varies by region)
Assets
55+ 40+
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