XM vs TIO Markets
| XM | TIO Markets |
|---|---|
4.4
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2.9
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 Traders from US not accepted
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Traders from US not accepted
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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. |
TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips. |
| Bonus Offer | |
| $30 No Deposit Bonus When You Register A Real Account | |
| Promotions | |
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Improve The Speed & Reliability Of Your Trades With The XM VPS |
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| 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." | "After spending some time exploring the accounts, I think TIO Markets is best suited to experienced traders who can deposit at least $1000 to take advantage of the competitive trading conditions available with the VIP accounts. Nonetheless, it would be nice to see a more diverse range of assets on offer in my opinion." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $50 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, DFSA, FSC, FSCA | FCA |
| Margin Trading | |
| Yes | No |
| 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 | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS, Android & Windows | Yes |
| 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 | Yes |
| Account Currencies | |
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| 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. | Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback. |
| Leverage | |
| 1:1000 | 1:200 |
| FTSE Spread | |
| 1.5 pts | 20 |
| GBPUSD Spread | |
| 1.9 | 0.8 |
| Oil Spread | |
| 0.03 | 0.02 |
| Stocks Spread | |
| 0.002 | Variable |
| 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. | My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software. |
| 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. |
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| GBPUSD Spread | |
| 1.9 | 0.8 |
| EURUSD Spread | |
| 1.6 | 0.4 |
| EURGBP Spread | |
| 1.8 | 0.6 |
| Assets | |
| 55+ | 45+ |
| Currency Indices | |
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| 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. | Crypto trading not offered |
| Spread | |
| Variable | |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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XM vs |
TIO Markets vs |