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XTB vs XM - Which Forex/CFD broker has better trading conditions?
Comparing the services of XM (XM Global and XM Trading) and XTB. Which Forex broker has a better condition for traders?
XTB vs. XM Comparison
XTB uses xStation 5 and Mobile, while XM operates on MT4 and MT5 platforms. XTB’s Web Trade is browser-compatible, whereas XM’s WebTrader is versatile for all PCs. Both are mobile-friendly and offer diverse market access. In forex, XTB provides 48 currency pairs with 0.1 pips spread; XM offers over 50 pairs at 0.6 pips. XTB trades 10+ crypto CFDs; XM emphasizes high leverage trading. While XTB has a rebate scheme, XM offers deposit bonuses. Finally, XTB executes market orders based on current price, and XM achieves 99.35% of its orders in under a second.
XTB vs XM – Which is better?
Trading in the financial markets requires a reliable broker that meets the individual needs of the trader. Here, we are comparing two prominent brokers in the industry: XTB and XM.
1. Trading Platforms:
XTB: Uses the xStation 5 and xStation Mobile for its trading operations. The xStation 5 platform is known for its user-friendly interface and advanced trading tools.
XM: Relies on the widely-used MT4 and MT5 platforms. These platforms are known for their robustness, technical analysis tools, and automated trading capabilities.
2. Web Trader:
XTB: They offer an MT5 Web Trade Platform that’s compatible across various browsers including Chrome, Firefox, Safari, and Opera. It caters to both beginners and advanced traders with its intuitive use and advanced tools.
XM: XM’s WebTrader is accessible for both PC and Mac, ensuring that traders can access the platform without any downloads.
3. Mobile Application:
XTB: Offers the xStation mobile app that provides access to over 2200 CFD markets, including FX, cryptocurrencies, and more.
XM: The all-in-one XM App is available on both MT4 & MT5, allowing traders to manage their trades on the go.
4. Device Compatibility:
Both XTB and XM provide platforms that are compatible with MAC PCs, iPads, iPhones, Android devices, and Android Tablets.
5. Number of Markets Offered:
XTB: They offer six financial markets, including Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, and more.
XM: Offers access to eight financial markets, expanding the options for traders.
6. Forex Trading:
XTB: They offer 48 currency pairs with low spreads starting from 0.1 pips. Trading is available 24/5 with microlot trading and no minimum deposit.
XM: Offers more than 50 currency pairs with spreads as low as 0.6 pips. They provide leverage up to 1000:1 and operate 24/5.
7. Cryptocurrency Trading:
XTB: Provides trading for over 10 crypto CFDs, including Bitcoin and Ethereum, with markets open 24/7. They have low trading costs with spreads starting from 0.22%.
XM: Cryptocurrency trading is available 24/7, with leverage up to 1:500 and zero swap products.
8. Stock CFDs:
XTB: Offers CFDs on more than 2100 equities with leverage up to 1:10 and 0% commission.
XM: Provides direct access to global equity markets with no commission. Traders can trade fractional shares and enjoy leverage up to 1:200.
9. Deposit and Withdrawal:
XTB: They support various methods including Bank Transfer, Mastercard, and e-wallets. Funding through bank transfers and certain cards is free, but e-wallet transfers may incur charges.
XM: Offers a wide range of payment methods with zero fees on deposits and withdrawals. They cover all major credit cards and e-wallets.
10. Bonuses and Incentives:
XTB: Does not offer deposit or no deposit bonuses. However, they have a bespoke rebate scheme to reward traders based on their activity.
XM: Offers a 50% deposit bonus up to $500 and additional bonuses on specific occasions. They also provide a no-deposit bonus equivalent to 30 USD.
11. Order Execution Policy:
XTB: Market orders are executed at the current market price based on the best price XTB can offer at a given moment.
XM: They boast an ultra-fast trade execution with no re-quotes. 99.35% of all orders are executed in less than 1 second.
Conclusion
Both XTB and XM are highly reputable brokers with robust trading platforms, diverse financial markets, and trader-friendly policies. Your choice between the two will ultimately depend on your specific trading needs, the markets you intend to trade, and your preference for certain platform features. Always consider what features are most important for your trading style and financial goals.
Are you interested in trading with XM?
| XM Zero | Standard | Micro | |
|---|---|---|---|
| Account Type | Forex | Forex | Forex |
| Trading Platform | MetaTrader4 (MT4), MetaTrader5 (MT5) | MetaTrader4 (MT4), MetaTrader5 (MT5) | MetaTrader4 (MT4), MetaTrader5 (MT5) |
| Minimum Deposit | $200 | $5 | $5 |
| Account Currency | EUR, JPY, USD | AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD, ZAR | AUD, CHF, EUR, GBP, HUF, JPY, PLN, RUB, SGD, USD, ZAR |
| Execution Type | ECN (Market) | STP (Market) | STP (Market) |
| Leverage | 500:1 | 1000:1 | 1000:1 |
| Spread Type | Variable | Variable | Variable |
| Minimum Spread | from 0.0 pips | from 1 pips | from 1 pips |
| Trading Commission | $3.5/per Lot | N/A | N/A |
| Minimum Trading Lots | 0.1 | 0.01 | 0.001 |
| Maximum Trading Lots | 50 | 50 | 100 |
| Decimal Pricing | 5 | 5 | 5 |
| Margin Call % | 50% | 50% | 50% |
| Stop Out % | 20% | 20% | 20% |
| EA (Automated Trading) | Allowed | Allowed | Allowed |
| Scalping | Allowed | Allowed | Allowed |
| Hedging | Allowed | Allowed | Allowed |
| News Time | Allowed | Allowed | Allowed |
| PAMM/MAM | Available | Available | Available |
| Islamic (Swap Free) | Optional | Optional | Optional |
| Interest on Margin | None | None | None | Sign up | Open XM Zero Account | Open Standard Account | Open Micro Account |
In today’s evolving global markets, having a broker you can trust, rely on, and understand your trading needs is crucial. With XM, traders are not just getting a broker; they’re acquiring a partner dedicated to seeing them succeed.
XM’s Commitment to Quality
At the heart of XM lies a driving force; to provide versatile financial services that count. The company believes in a balanced approach to trading, which is evident in their services and the way they think. They understand the importance of adapting to the fast-paced world of trading and ensuring that their client’s investment goals are achieved with an open and innovative mindset.
Exclusive XM Services
XM ensures that its clients have all the tools they need to succeed:
- Dedicated Support: With personal account managers available for every client.
- Empowering Knowledge: Free access to daily webinars, video tutorials, and forex market research. Plus, daily forex trading signals and technical analysis to keep traders ahead.
- Flexibility: 10 different platforms to choose from, ensuring traders can trade any time, from any device.
- Consistent Updates: Daily insights on forex market outlook to keep traders informed.
- Around-the-Clock Assistance: A 24/7 live help, ensuring issues are addressed promptly.
Dive into a World of Trading
Whether you’re a forex enthusiast, crypto aficionado, or CFD trader, XM has something for everyone:
- Trade 50+ global forex pairs.
- Dive into the crypto world with Bitcoin, Ethereum, Ripple, and more.
- Explore CFDs on major global indices, over 600 companies, and commodities like sugar, cocoa, and wheat.
- Enjoy turbo stocks with an impressive leverage of 1:200.
- Delve into metals like gold, silver, and palladium, and energy commodities like oil and gas.
Why XM Stands Out
- Licensed and Regulated: Trust in a broker that’s monitored by leading authorities like ASIC, CySEC, FSC, and DFSA.
- Worldwide Presence: XM is globally renowned, with clients from over 190 countries and a team proficient in 30+ languages.
- Client-First Approach: No matter the size of your investment, XM assures quality service, best execution, and unparalleled support to everyone.
- Transparent & Fair: No hidden charges or terms. What you see is what you get!
- Efficiency & Convenience: Seamless systems from account opening, managing, to trading.
Achievements and Credentials
- Over 10 million satisfied clients from more than 190 countries.
- An impressive track record with over 2.4 billion trades executed without any rejections or requotes.
- Over 120 cities globally visited by XM’s dedicated management team.
XM: More Than Just a Broker
As an industry leader since 2009, XM’s growth reflects its dedication to client satisfaction:
- A company that’s BIG, boasting over 10 million clients.
- One that’s FAIR, offering all its clients equal and ethical trading conditions.
- And most importantly, one that’s HUMAN, valuing real-world connections, and understanding the global trading community’s diverse needs.
The XM Mobile Experience
With the new XM MT4 & MT5 app, the power of trading is right in your pocket:
- Trade a variety of instruments seamlessly.
- Experience instant order executions without any re-quotes.
- Customize your account settings on-the-go.
- Stay updated with the latest charts, over 90 trading indicators, and timely news.
And if you’re new? The app installation process is a breeze! Simply find the app, register or log in, and start your trading journey!
In conclusion, with XM, you’re not just getting a broker; you’re investing in a trading partner that understands and caters to your needs. From their advanced trading platforms to their unmatched client support, XM provides a trading experience like no other. Dive into the world of trading with XM, and experience excellence at every turn.
Are you interested in trading with XTB?
| STANDARD Account | SWAP FREE Account | |
|---|---|---|
| Execution type | Market | Market |
| Available Instruments | Forex, Commodities, Indices, Cryptos, Stock CFDs, ETF CFDs | Forex, Commodities, Indices, Cryptos, Stock CFDs, ETF CFDs |
| Instruments | 2200+ | 2200+ |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum spread | 0.5 | 0.7 |
| Segregated account’s funds | Yes | Yes |
| Minimal Order | 0.01 | 0.01 |
| Automated trading | Allowed | Allowed |
| Account setup | Free | Free |
| Trading platform | xStation WEB, DESKTOP, MOBILE, TABLET | xStation WEB, DESKTOP, MOBILE, TABLET |
| Account setup & management | Free | Free |
| Forex, Indices, Commodities | No commission | No Commission |
| Cash Stocks | N/A | N/A |
| Stock CFDs and ETF CFDs | No commission | No commission |
| Swap | Charged | Swap Free |
| Cryptocurrencies | No commission | No commission |
| Sign Up | Open STANDARD Account | Open SWAP FREE Account |
With a legacy spanning nearly two decades, XTB stands tall as one of the preeminent stock exchange-listed FX & CFD brokers on the global stage. With a presence in over 13 countries, including economic hubs like the UK, Poland, Germany, France, and Chile, XTB has established a reputation of reliability and efficiency.
A Focus on Continuous Improvement
At the heart of XTB’s success is an undying commitment to technological advancement. The modern trading world is immensely driven by technology, and recognizing this, XTB has relentlessly focused on enhancing its trading application, aspiring to position xStation as the epitome of reliability and functionality in trading apps.
Earning Global Trust
Having secured the trust of over 657,000 global customers, XTB’s credentials are further fortified by its regulation under some of the world’s foremost supervision authorities, such as the FCA, KNF, CySEC, and FSC. This translates to unparalleled security for investments, making XTB a go-to choice for both novice and seasoned traders.
Guidance at Every Step
XTB’s support framework is designed not just to assist but to educate. With a 24/5 customer service model, they offer an expansive repository of educational resources, from beginner videos to advanced webinars, ensuring that traders are always informed and empowered.
XTB’s Trading Platform: A Cut Above the Rest
- Fully customizable and user-friendly interface
- Speedy execution ensuring seamless trades
- In-built trader’s calculator, performance statistics, sentiment analytics
- Enhanced chart trading and real-time market order depth visualization
Explore more about XTB’s platforms
Diverse Trading Options
From forex with impressively low spreads to trading in commodities like Gold and Silver, XTB provides a comprehensive suite:
- Forex: Trade 48 currency pairs anytime with no minimum deposit constraints.
- Indices: Engage with over 20 Indices globally with transparent rollovers and high leverage.
- Commodities: Round-the-clock trading in popular commodities with competitive spreads.
- Stock CFDs: Dive into more than 2100 equities with ultra-fast execution.
- ETF CFDs: Explore 60 ETF CFDs with zero commission.
- Cryptocurrencies CFDs: Engage with 10+ leading cryptocurrencies, ensuring safety from hacker threats.
Special Offers and Cashbacks
XTB’s exclusive cashback offer adds an enticing layer to the trading experience. Upon account creation, traders can tap into a myriad of benefits including cashback on trades, fast execution speeds, and access to over 1,500 markets.
Two Dynamic Platforms to Choose From
- xStation 5: Tailored for all trader types, xStation 5 stands out for its trade transparency, real-time market commentary, comprehensive charting package, and more.
- MetaTrader4: Celebrated for its simplicity, MT4 offers a plethora of analytical tools and a burgeoning community, providing traders with endless resources.
Security, Trust, and Transparency
With global regulations, annual audits by top-tier firms, and stringent anti-money laundering policies, XTB emphasizes transparency and trust. Their allegiance to safeguarding client data, combined with the publishing of quarterly financial results and other relevant information, underlines their commitment to clients.
In conclusion, XTB isn’t just a trading platform; it’s a holistic trading ecosystem built on trust, innovation, and client success. With award-winning solutions and a client-centric approach, XTB ensures that every trader, novice or expert, has the tools and support they need to succeed in the dynamic world of trading.
FAQs to summarize the article
- What trading platforms do XTB and XM use?
- XTB uses xStation 5 and xStation Mobile, while XM relies on MT4 and MT5 platforms.
- How do their web trading platforms differ?
- XTB offers the MT5 Web Trade Platform compatible with various browsers, while XM’s WebTrader is available for both PC and Mac without requiring any downloads.
- Are their platforms mobile-friendly?
- Yes, XTB offers the xStation mobile app, and XM provides the XM App available on both MT4 & MT5.
- Which markets can I trade with XTB and XM?
- XTB offers six financial markets, while XM provides access to eight different markets.
- How do their forex trading features compare?
- XTB offers 48 currency pairs with spreads from 0.1 pips, while XM offers over 50 pairs with spreads starting at 0.6 pips.
- Can I trade cryptocurrencies with these brokers?
- Yes, both brokers offer cryptocurrency trading. XTB provides over 10 crypto CFDs, and XM offers cryptocurrency trading with leverage up to 1:500.
- What about stock CFDs?
- XTB offers CFDs on over 2100 equities, whereas XM provides direct access to global equity markets without commission.
- Are there any bonuses or incentives?
- XTB does not offer deposit bonuses but has a rebate scheme. On the other hand, XM provides a 50% deposit bonus up to $500 and additional occasional bonuses.
- How efficient is their order execution policy?
- XTB executes market orders based on the best available price. XM boasts that 99.35% of their orders are executed in less than 1 second.
- How do XTB and XM ensure security and trust?
- XTB is regulated by bodies like the FCA, KNF, CySEC, and FSC and has a focus on transparency and client data protection. XM is monitored by ASIC, CySEC, FSC, and DFSA, emphasizing a client-first approach and transparent operations.
