ZuluTrade vs XM
ZuluTrade | XM |
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3.1
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4.4
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ZuluTrade is a renowned social-wealth management platform that allows investors to trade by copying the trades of experienced traders, also known as leaders. This award-winning platform supports social trading and copy trading across multiple assets and has a network of more than 90,000 Leaders and 1,000+ brokers. ZuluTrade is part of the Finvasia Group and is regulated in the EU, South Africa, Japan and Mauritius. |
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. |
Customer Reviews | |
4.3
Based on 4 XM customer reviews
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Bonus Offer | |
$30 No Deposit Bonus When You Register A Real Account | |
Comment by Reviewer | |
"We recommend ZuluTrade for investors interested in joining one of the world's largest and best-performing social trading networks. The platform is user-friendly and clients can copy trade in a variety of popular financial markets." | "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." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs; Forex, Stocks, Cryptos, Commodities, Indices | Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
Broker Dependant | $5 |
Trading Platforms | |
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Payment Methods | |
Investors - Broker-Dependent. Leaders - Bank Transfer, PayPal, Cryptos | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
HCMC in EU, FSA in Japan, FSC in Mauritius, FSCA in South Africa | ASIC, CySEC, DFSA, FSC, FSCA |
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 | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | iOS, Android & Windows |
App Review | |
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 MT4 and MT5 software on the move, with full access to the broker’s 1000+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to day trade from your hand. |
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Android App Rating | |
3.9 |
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iOS App Rating | |
4.7 |
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Auto Trading | |
ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading. | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Investors can follow the strategies and positions of 90,000+ traders spanning a range of financial markets. ZuluTrade is one of the top-rated and regulated copy trading platforms globally, with multiple industry awards, an excellent reputation and a suite of risk management tools and real-time analysis features. | XM global offers a pre-integrated signals service via the MT5 platform. Aspiring investors can view detailed performance metrics and copy the trades of strategy managers. It's easy to set up, only requiring a handful of steps after logging in to your MQL5 community account. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
Yes | Yes |
Tournaments | |
No | Yes |
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 | |
CFD trading not offered | Day traders can speculate on leveraged CFDs with zero commissions, spanning popular markets including currencies, equities and commodities. Additionally, the MetaTrader platforms collectively offer dozens of advanced technical indicators built for short-term strategies. |
Leverage | |
Broker Dependent | |
FTSE Spread | |
Broker dependent | 1.5 pts |
GBPUSD Spread | |
Broker dependent | 1.9 |
Oil Spread | |
Broker dependent | 0.03 |
Stocks Spread | |
Broker dependent | 0.002 |
Forex Trading | |
In the realm of Forex CFDs, ZuluTrade offers access to an extensive selection of currency pairs, enabling traders to engage in the exciting world of currency exchange with ease and flexibility. | XM offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges. Over 50 currency pairs are available, which is above the market average and is in line with one of our top award-winners, AvaTrade. |
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 | |
Broker dependent | 1.9 |
EURUSD Spread | |
Broker dependent | 1.6 |
EURGBP Spread | |
Broker dependent | 1.8 |
Assets | |
Broker dependent | 55+ |
Currency Indices | |
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Cryptocurrency | |
ZuluTrade supports Crypto CFDs, making it possible for traders to speculate on the price movements of cryptocurrencies like Bitcoin and Ethereum. This feature allows traders to participate in the cryptocurrency market without owning the underlying assets. | XM offers a handful of cryptocurrencies against the USD via the South African entity only. These are tradable via CFDs with high leverage up to 1:500. You can explore major tokens like Bitcoin, Ethereum and Ripple with just a $30 deposit. |
Spread | |
Broker dependent | 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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