FXTM vs XTrade Comparison
Compare trading conditions, commissions and platforms of Forex brokers FXTM and XTrade. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FXTM or XTrade?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
FXTM
- Minimum deposit · USD
- 10 USD
- Different platforms
- MetaTrader 4
- MetaTrader 5
- Different markets
- None listed
- Cent account
- Yes
XTrade
- Minimum deposit · USD
- 250 USD
- Different platforms
- xTrade
- Different markets
- Soft Commodities
- ETF
- Bonds
- Cent account
- No
Comparison Table of FXTM and XTrade
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 7 of 7 parametersShowing 7 of 7 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Foundation Year | 2011 | 2003 |
| Regulated in Countries | Cyprus, United Kingdom, Mauritius, Kenya | Belize |
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 1 points |
| Max Leverage | 1:2000 | 1:400 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review |
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
XTrade Review
Xtrade offers a wide range of deposit and withdrawal methods, an extensive range of markets and trading products, and a variety of analytical tools. The broker is equipped with an extensive training center, which makes it attractive for novice traders who want to expand their knowledge and improve their trading skills. Responsive and feature-rich customer support enhances the usability of the broker's services.
Xtrade is suitable for novice traders, thanks to its accessible educational resources and wide range of trading products. However, potential clients should pay special attention to regulatory issues and trading costs before deciding to start working with this broker.
Pros and Cons of XTrade
Pros
- Wide range of deposit and withdrawal methods.
- Extensive selection of markets and products for trading.
- Diversity of analytical tools.
- Comprehensive educational center with various materials.
- Responsive and multifunctional technical support.
Cons
- Weak regulation may raise concerns about the security of client funds.
- Limited variety of accounts and services offered.
- Wide spreads, which can increase trading costs.
- Long processing time for withdrawal requests.
- Lack of alternatives to the offered trading platform, limiting traders' choices.
Reliability
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 4 of 4 parametersShowing 4 of 4 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 2011 | 2003 |
| Regulated in Countries | Cyprus, United Kingdom, Mauritius, Kenya | Belize |
| Regulators |
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
XTrade
The reliability of Xtrade International Ltd is questionable due to the lack of licenses from strict regulators, despite having a license from the Belize FSC.
Pros
- Segregated client accounts.
- Investor compensation fund.
Cons
- Lack of licenses from strict regulators.
Account Opening
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 2 of 2 parametersShowing 2 of 2 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
|
|
FXTM
Opening an account with FXTM is a simple and fast process.
XTrade
Account opening at Xtrade is fairly standard and transparent.
Pros
- Free and fast account opening.
- Clear verification instructions.
Cons
- High minimum deposit.
- Verification can be lengthy.
Account Types
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 9 of 9 parametersShowing 9 of 9 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Account Types | 4.5/5 | 2.3/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 1 points |
| Max Leverage | 1:2000 | 1:400 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | Yes | Yes |
| Swap-free Account | Yes | No |
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
XTrade
Xtrade offers a variety of accounts, but does not satisfy the needs of all categories of traders.
Pros
- Four types of accounts for different traders.
- Reduced spreads for Premium and VIP accounts.
Cons
- Absence of cent and Islamic accounts.
- No accounts with fixed spreads.
- Lack of copy trading service.
Commissions
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 4 of 4 parametersShowing 4 of 4 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Commissions | 3/5 | 2/5 |
| Spread | from 0.1 points | from 1 points |
| Average Spread (EURUSD) | — | 3 |
| Commission | per $1M turnover$20.00 | No data |
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
XTrade
Commissions at Xtrade are relatively high, which can increase a trader's costs.
Pros
- No withdrawal fee.
Cons
- High spreads.
- Inactivity fee of 50 USD.
Deposit and Withdrawal
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 2 of 2 parametersShowing 2 of 2 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| Account Funding Methods |
|
|
FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
XTrade
Xtrade offers a variety of deposit and withdrawal methods, but with lengthy processing times.
Pros
- Wide selection of payment systems.
- No fees on many methods.
Cons
- Long withdrawal processing time.
- Absence of cryptocurrencies.
Markets and Products
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 10 of 10 parametersShowing 10 of 10 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Markets and Products | 4.6/5 | 5/5 |
| Forex | 48 | 57 |
| Precious Metals | 3 | 9 |
| Energy Carriers | 3 | 5 |
| Indices | 13 | 25 |
| Stocks | 640 | 300 |
| Cryptocurrency | 11 | 52 |
| Soft Commodities | - | 7 |
| ETF | - | 13 |
| Bonds | - | 5 |
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
XTrade
Xtrade offers an extensive selection of markets and products, meeting the needs of various traders.
Pros
- Wide range of currency pairs.
- Numerous CFDs on stocks from different countries.
- Availability of cryptocurrencies.
Trading Platforms
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 2 of 2 parametersShowing 2 of 2 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| Trading Platforms |
|
|
FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
XTrade
Xtrade offers a functional and user-friendly platform.
Pros
- Web platform with no download required.
- Full-featured mobile application.
Cons
- Lack of popular platforms such as MT4 or MT5.
- Limited choice of platforms.
- No desktop version of the platform.
Analytics
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 1 of 1 parametersShowing 1 of 1 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Rating | 4/5 | 4/5 |
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
XTrade
Xtrade's analytics are well-developed, providing traders with a variety of market analysis tools.
Pros
- Daily video analysis.
- Economic calendar and up-to-date news.
- Specialized calculators for technical analysis.
Cons
- Lack of regular reviews from experts.
- No trading signals.
Education
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 1 of 1 parametersShowing 1 of 1 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
XTrade
Xtrade provides extensive educational materials covering various levels of complexity.
Pros
- Wide range of topics.
- Materials for beginners and professionals.
- Availability of video tutorials and e-books.
Cons
- Lack of webinars.
- Some topics may require deeper study.
Customer Support
Only matching known values are hidden. Rows with incomplete data stay visible.
Swipe the table left or right to view all data.
Showing 4 of 4 parametersShowing 4 of 4 parameters
| Broker | FXTM | XTrade |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
FXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
XTrade
Xtrade's customer support is responsive and diverse, but there are minor communication issues.
Pros
- Variety of communication channels.
- 24/5 availability during weekdays.
- Quick and professional response.
Cons
- Some reviews indicate problems with resolving disputes.
Comparisons of FXTM and XTrade with other brokers
Conclusion
When choosing between FXTM and XTrade, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: FXTM or XTrade?
FXTM ranks higher than XTrade in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: FXTM or XTrade?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — FXTM or XTrade?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FXTM and XTrade?
FXTM: MetaTrader 4, MetaTrader 5. XTrade: xTrade. See the “Platforms” section for details and selection tips.
What markets can you trade with FXTM and XTrade?
FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. XTrade: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXTM and XTrade?
FXTM: Micro, Advantage, Advantage Plus. XTrade: Standard, Platinum, Premium, VIP. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXTM and XTrade?
FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. XTrade: VLoad, Alipay, AstroPay, Boleto, CashU, FasaPay, Jeton, Bpay, Swift, Sofort, Visa, Mastercard, JCB, EPS, Giropay, iDeal, Przelewy24, POLi. Check method-specific fees/settlement times.
Which broker is safer — FXTM or XTrade — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
