XM vs XTB

XM vs XTB Comparison Table 2023
XM XTB
4.4
4.8
United States Flag Traders from US not accepted
United States Flag Traders from US not 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.

XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 2200 instruments on their xStation platform. They boast 500,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA.

81% of retail accounts lose money.
Bonus Offer
Free VPN Services
Promotions

Improve The Speed & Reliability Of Your Trades With The XM VPS

Earn Cashback When You Trade At XTB

Comment by Reviewer
"XM will suit traders looking for a trustworthy broker with low fees, access to the reliable MetaTrader platforms, plus excellent market research and education." "XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low trading fees. The free education center is also a bonus, as well as the straightforward account opening process."
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
  • 2200+ instruments covering major markets
  • Useful educational resources for beginners
  • FCA, KNF, CySEC, and IFSC-regulated
  • 24 hour support available Sunday to Friday
  • Multiple industry awards and respected brand
  • Cashback rebates for high-volume traders
  • Professional investing account
  • 1:500 leverage for global traders
  • Flexible account options
  • Mobile trading alerts
  • Spreads from 0.1 pips
Cons
  • $5 inactivity fee
  • Traders from the US not accepted
  • Single platform offering
  • Not available to US clients
  • Instrument portfolio limited to mostly CFDs
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
  • Best Forex Broker for Beginners 2022
  • Best Customer Service 2021
  • Best Forex Broker for Low Costs 2021
  • Best Mobile App for Investing 2020
  • #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
  • Best Polish Forex Broker 2019
  • Best Execution Broker 2019
Instruments
Forex CFDs, Commodity CFDs, Equity Indices CFDs, Precious Metals CFDs, Energy CFDs, Stocks Stocks, CFD, Forex, Crypto, ETFs, Volatility Index
Demo Account
Yes Yes
Minimum Deposit
$5 $0
Payment Methods
Multiple local payment methods available
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
IFSC, DFSA, CySEC, ASIC, FCA, BaFin, CNMV, MNB, CONSOB, ACPR, FIN-FSA, KNF, AFM, FI FCA, CySEC, IFSC, KNF, DFSA
Margin Trading
Yes Yes
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 Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS, Android & Windows
Auto Trading
Yes (EAs) Yes
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 Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
  • USD
  • EUR
  • GBP
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. Trade a large suite of 2100 CFDs with ultra-fast execution speeds and 24-hour trading. You can build a diverse portfolio with access to forex, indices, commodities, cryptos, stocks and ETFs. Retail traders also get negative balance protection and zero commissions.
Leverage
1:500 1:500
FTSE Spread
1.5 pts (var) 0.08%
GBPUSD Spread
2.1 (var) 0.1 pips
Oil Spread
0.05 (var) 0.03 pips
Stocks Spread
0.1% (var) 0.2% 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. Over 50 currency pairs are available including all majors. Trade 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Micro lot trading is also available and new currency traders can make near-instant deposits with no fees.
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.

With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.

GBPUSD Spread
2.1 pips (var) 0.1 pips
EURUSD Spread
1.6 pips (var) 0.2 pips
EURGBP Spread
2 pips (var) 0.1 pips
Assets
55+ 48
Currency Indices
  • USD
Cryptocurrency
Crypto trading not offered XTB offers an excellent range of crypto markets, all with competitive spreads. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts.
Spread
From 0.22%
Coins
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
81% of retail accounts lose money.
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