ScoreCM vs XTrade Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of ScoreCM and XTrade
| Broker | ScoreCM | XTrade |
|---|---|---|
| Rating | 3.4/5 | 3.3/5 |
| Foundation Year | 2024 | 2003 |
| Regulated in Countries | Dominica, Comoros | Belize |
| Minimum Deposit |
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| Spread | from 0.1 points | from 1 points |
| Max Leverage | 1:1000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | ScoreCM Review | XTrade Review |
ScoreCM is suitable for beginners and active scalpers with a modest deposit looking to trade on MT5 with high leverage, but not seeking a wide range of markets.
Xtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.
ScoreCM Review
ScoreCM is ideal for those looking to quickly start on MT5 with a small deposit and high leverage — suitable for beginners testing strategies and active scalpers. However, its offshore regulation and limited range of instruments make the platform less attractive for investors with substantial capital and those seeking broad diversification. Overall, the broker presents itself as a reliable entry-level 'workhorse' that requires cautious risk management.
Pros and Cons of ScoreCM
Pros
- Low entry threshold — Standard account opens with $10.
- High leverage up to 1:1000 (Forex) on the basic plan.
- Multiple commission-free deposit/withdrawal methods.
- Fast account opening: short form, auto-generated password, same-day verification.
- 24/5 multi-channel support.
Cons
- Offshore regulation and no compensation scheme.
- Short operating history (since 2024) and limited public reputation.
- Limited market offering — approximately 60 CFDs; no CFDs on stocks and soft commodities.
- High spreads/swaps on the Standard account and an annual $25 inactivity fee.
- Only one platform available (MT5).
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Reliability | 3.2/5 | 3.2/5 |
| Foundation Year | 2024 | 2003 |
| Regulated in Countries | Dominica, Comoros | Belize |
| Regulators | FSU FSU MISA MISA | - BFSC BFSC |
ScoreCM
ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.
Pros
- Two active licenses
- Segregation of client funds
Cons
- Low-tier offshore regulators
- No compensation fund
- Short operating history
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Account Opening | 4.5/5 | 4/5 |
| Minimum Deposit |
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ScoreCM
The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.
Pros
- 2–3 minutes to complete the form
- Intuitive KYC wizard
- Quick document approval
Cons
- Mandatory submission of 4 documents for KYC
- No social media registration
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Account Types | 3/5 | 2.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 1 points |
| Max Leverage | 1:1000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
ScoreCM
Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.
Pros
- Deposit starting at $10
- Raw spreads on Pro/Elite accounts
Cons
- No cent or fixed-spread account
- No Islamic (swap-free) plan
- No copy trading/PAMM
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Commissions | 2.5/5 | 2/5 |
| Spread | from 0.1 points | from 1 points |
| Average Spread (EURUSD) | 1.8 | 3 |
| Commission per Lot | $3.5 |
ScoreCM
ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.
Pros
- No deposit/withdrawal fees
Cons
- High spreads and swaps on the Standard account
- $25/year account inactivity fee
- No discounts for high volume trading
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Account Funding Methods |
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ScoreCM
The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.
Pros
- No broker fees
- Minimum deposit of $10
- Instant deposit via e-wallet or cryptocurrency
Cons
- No option to deposit or withdraw via card
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Markets and Products | 3/5 | 5/5 |
| Forex | 42 | 57 |
| Precious Metals | 10 | 9 |
| Energy Carriers | 4 | 5 |
| Indices | 6 | 25 |
| Cryptocurrency | 5 | 52 |
| Soft Commodities | - | 7 |
| Stocks | - | 300 |
| ETF | - | 13 |
| Bonds | - | 5 |
ScoreCM
ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.
Pros
- High leverage up to 1:1000
- CFDs available on cryptocurrencies
Cons
- Only about 60 instruments available
- No CFDs on stocks
- 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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Rating | 3.5/5 | 3.5/5 |
| Trading Platforms |
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ScoreCM
The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.
Pros
- Comprehensive MT5 offering: desktop, web, and mobile applications
- Support for algo trading and the MQL5 marketplace
Cons
- No MT4, cTrader, or TradingView
- No copy trading or social signals
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Rating | 3/5 | 4/5 |
ScoreCM
ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.
Pros
- Economic calendar
- Trading calculators
- Autochartist plugin
Cons
- Lacks daily market reviews and trade ideas
- No webinars/video analytics
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Rating | 3/5 | 4/5 |
ScoreCM
The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.
Pros
- Approximately 90 lessons across all levels
- Clear structure
- Extensive industry glossary
Cons
- No video lessons or webinars
- No interactive quizzes
- No live expert support
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
| Broker | ScoreCM | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
Twitter
LinkedIn
Instagram
Facebook
YouTubeScoreCM
Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.
Pros
- Live chat, email, phone, WhatsApp, Telegram
- Average response time ≤ 30 minutes
- Quick issue resolution
Cons
- Peak times may see delays in chat responses
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.
