Trading.com vs XM Comparison: Which Is Better for Traders?
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 - Trading.com or XM?
Our pick: XM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - XM looks preferable to Trading.com.
XM scored 4.7/5 and ranks 2 in our all Forex brokers list, whereas Trading.com has 4.1/5 and ranks 44.
This is not financial advice. See the full comparison below.
Who is Trading.com suitable for?
Broker Trading.com suits traders looking for low commissions and a convenient platform. Beginner traders may lack analytics and educational materials.
Who is XM suitable for?
Broker XM is suitable for both novice traders, thanks to educational materials, and experienced traders who value a variety of instruments.
Comparison Table of Trading.com and XM
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 4.1/5 | 4.7/5 |
| Foundation Year | 2017 | 2009 |
| Regulated in Countries | United Kingdom, United States | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles |
| Minimum Deposit |
|
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
|
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| Review | Trading.com Review | XM Review |
Trading.com Review
Trading.com is an attractive choice for traders due to its low commission policy, which makes trading more affordable. Using the MetaTrader 5 platform satisfies traders' needs for modern trading tools and functionality. Additionally, the broker supports various deposit and withdrawal methods without additional commissions, which is convenient for clients from different countries.
Trading.com is suitable for experienced traders who do not depend on the broker's training materials and analytics and who are looking for low-cost trading in a wide range of traditional financial instruments.
Pros and Cons of Trading.com
Pros
- Low trading fees.
- Multiple deposit and withdrawal methods.
- Quality technical support.
Cons
- Limited educational materials.
- Sparse analytics.
XM Review
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inactivity fee.
- Standard account has a higher spread than the market average.
XM is in the top 10 of the following ratings:
Reliability
| Broker | Trading.com | XM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2017 | 2009 |
| Regulated in Countries | United Kingdom, United States | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles |
| Regulators |
Trading.com
Broker Trading.com is reliable, as it is regulated by strict authorities in the UK and the US, ensuring the security of client funds.
XM
XM is a reliable and well-regulated broker with licenses in key jurisdictions. Segregated accounts, negative balance protection, and a compensation fund make it a safe choice for traders.
Pros
- Licenses from ASIC, CySEC, DFSA, and other regulators
- Segregation of client funds
- Negative balance protection and compensation scheme
Account Opening
| Broker | Trading.com | XM |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Trading.com
Account opening at Trading.com is fast and convenient.
XM
Opening an account with XM is fast and convenient: registration takes only a few minutes, the interface is intuitive, and document requirements are standard.
Pros
- Fast online registration
- Clear and straightforward KYC process
- Ability to open demo and additional accounts
Account Types
| Broker | Trading.com | XM |
|---|---|---|
| Account Types | 3/5 | 4.5/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Trading.com
Trading.com offers several accounts that satisfy most traders.
Pros
- Variety of account types.
- Minimum deposit of $5.
- Protection against negative balance.
Cons
- Lack of ECN accounts.
- No fixed spread accounts.
- No accounts for passive investing.
XM
XM broker offers various account types to satisfy the needs of different traders, from beginners to professionals.
Pros
- A wide choice of accounts for different experience levels
- Flexible trading conditions (leverage, deposit)
- Specialized accounts for stock trading
Cons
- No ECN or STP accounts
Commissions
| Broker | Trading.com | XM |
|---|---|---|
| Commissions | 4.5/5 | 4/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.7 | 1.7 |
| Commission per Lot |
Trading.com
Trading.com offers low commissions.
Pros
- No commission on trades.
- Tight spreads.
- No swap fees for major currency pairs.
Cons
- Inactivity fee.
XM
XM’s fees can be considered competitive: the Ultra Low account offers reduced spreads, while the absence of deposit and withdrawal fees lowers overall costs. With active trading, the conditions are attractive.
Pros
- Reduced spreads on the Ultra Low account
- No deposit or withdrawal fees
- Ability to lower costs through rebates
Cons
- Above-average spreads on the Standard account
- Inactivity fee applies
Deposit and Withdrawal
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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Trading.com
Trading.com offers convenient and cost-effective deposit and withdrawal methods.
Pros
- No fees for deposit and withdrawal.
- Fast processing of withdrawal requests.
- Multiple available methods.
Cons
- Lack of cryptocurrencies as a payment method.
XM
The broker offers convenient deposit and withdrawal methods with zero commission but lacks cryptocurrency support.
Pros
- Zero commission for deposits and withdrawals
- A minimum limit of only 5 dollars
- Quick processing of withdrawal requests
Cons
- No cryptocurrency deposit/withdrawal options
Markets and Products
| Broker | Trading.com | XM |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 55 | 55 |
| Precious Metals | 2 | 3 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 8 | 8 |
| Indices | 14 | 50 |
| Stocks | 1261 | 1307 |
| Cryptocurrency | - | 58 |
Trading.com
Trading.com offers a diverse range of markets and products.
Pros
- Wide selection of stocks and currency pairs.
- Access to various global markets.
Cons
- Lack of cryptocurrencies.
- Low leverage (max. 1:30).
XM
The broker offers a wide range of markets and products, including over 1500 items.
Pros
- A large selection of currency pairs
- Access to CFDs on various assets
- The ability to trade cryptocurrencies
Trading Platforms
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 3.5/5 | 4.5/5 |
| Trading Platforms |
|
|
Trading.com
Trading.com utilizes the reliable MT5 platform.
Pros
- Integration with robots and advisors.
- One-click trading, without requotes.
- Wide range of assets and analytical tools.
Cons
- Limited choice of platforms (only MT5).
XM
XM offers various versions of MT4 and MT5 platforms, providing flexibility in trading.
Pros
- Availability on various devices (PC, Mac, mobile)
- MultiTerminal for managing multiple accounts
- WebTrader for browser-based trading
Cons
- No alternatives to MetaTrader
Analytics
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 3/5 | 5/5 |
Trading.com
The analytical material set on Trading.com is not impressive.
Pros
- A variety of instruments for American traders.
- Technical analysis and trading signals.
Cons
- Limited set of instruments for the UK.
- Lack of materials for beginners.
XM
XM’s analytics are well structured and deeply integrated into the platform. Trading Central, market sentiment tools, calendars, and calculators make them useful for both active trading and careful pre-trade analysis.
Pros
- Trading Central integration and XM in-house analysis
- Economic calendar, corporate events, and calculators
- Clear market sentiment tools
Education
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 2/5 | 5/5 |
Trading.com
The educational materials on Trading.com are sparse and limited, especially for European clients.
Pros
- Availability of video tutorials.
- Guides for traders of different levels.
Cons
- No materials for European clients.
- Insufficient variety.
- Lack of webinars and podcasts.
XM
XM's educational materials are extensive and varied, suitable for all experience levels.
Pros
- A wide range of materials: webinars, videos, seminars
- Available in different languages
- Daily online sessions with experts
Customer Support
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 4.3/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
LinkedIn
Twitter
Facebook
Instagram
YouTubeTrading.com
Trading.com's technical support operates 24/5 and offers multiple communication channels.
Pros
- Operates 24/5.
- Fast and competent responses.
- Multiple communication channels.
Cons
- Lack of messengers for quick communication.
XM
XM’s customer support operates reliably 24/7, offering multiple contact channels and multilingual assistance. Most issues are resolved quickly and professionally, which supports the broker’s high service rating.
Pros
- 24/7 support via chat, email, phone, and messengers
- Multilingual assistance
- Strong knowledge of products and procedures
Comparisons of Trading.com and XM with other brokers
Conclusion
XM stands out as the better overall pick, while Trading.com trails on aggregate criteria.
XM scored 4.7/5 and ranks 2 in our rating; Trading.com has 4.1/5 and ranks 44.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Trading.com or XM?
XM comes out ahead by overall rank (score 4.7/5, position 2) versus Trading.com (score 4.1/5, position 44).
Which broker is better for beginners: Trading.com or XM?
XM is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Trading.com or XM?
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 Trading.com and XM?
Trading.com: MetaTrader 5. XM: MetaTrader 5, MetaTrader 4, WebTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Trading.com and XM?
Trading.com: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks. XM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Trading.com and XM?
Trading.com: Ultra-Low Standard, Ultra-Low Micro. XM: Standard, Micro, XM Ultra Low, Shares. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Trading.com and XM?
Trading.com: Neteller, Skrill, Bank Transfer, Credit and Debit Cards. XM: Neteller, Skrill, SticPay, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — Trading.com or XM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
