Trading.com vs XM 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 Trading.com and XM
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 4.1/5 | 4.2/5 |
| Foundation Year | 2017 | 2009 |
| Regulated in Countries | United Kingdom, United States | Belize, Cyprus, Australia, United Arab Emirates |
| 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 |
Broker Trading.com suits traders looking for low commissions and a convenient platform. Beginner traders may lack analytics and educational materials.
Broker XM is suitable for both novice traders, thanks to educational materials, and experienced traders who value a variety of instruments.
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
- Inconsistency in technical support.
- 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, United Arab Emirates |
| Regulators | FCA FCA NFA NFA CFTC CFTC | BFSC BFSC CySEC CySEC ASIC ASIC DFSA DFSA |
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 Group is highly regarded for its reliability, holding ASIC, CySEC, FSC, and DFSA licenses.
Account Opening
| Broker | Trading.com | XM |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Trading.com
Account opening at Trading.com is fast and convenient.
XM
Opening an account with XM Group is straightforward and quick.
Account Types
| Broker | Trading.com | XM |
|---|---|---|
| Account Types | 3/5 | 4.3/5 |
| 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 fixed spread accounts.
- No ECN or STP accounts.
Commissions
| Broker | Trading.com | XM |
|---|---|---|
| Commissions | 4.5/5 | 2.5/5 |
| 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 commissions are rated as average.
Pros
- Low spreads on the Ultra Low account.
- No swaps on many currency pairs on the Ultra Low account.
Cons
- Wider spreads and higher swaps on the standard account.
- Inactivity fee.
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 |
| Trading Platforms |
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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
Analytics at XM are extensive and varied, providing traders with valuable resources for making informed decisions.
Pros
- Exclusive market analysis from professionals.
- Trading signals and tools such as Autochartist.
- The option to listen to news recordings.
Cons
- Real account required to access all materials.
Education
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 2/5 | 4.5/5 |
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.
Cons
- Lack of textual materials and books.
- No personalized learning options.
Customer Support
| Broker | Trading.com | XM |
|---|---|---|
| Rating | 4.3/5 | 4/5 |
| 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 technical support offers 24/7 access through various channels, but the service quality is inconsistent.
Pros
- Round-the-clock support.
- A variety of communication channels.
- Quick responses in some cases.
Cons
- Ineffectiveness of solutions, according to reviews.
