Coinbase Vs. XM - Compare and Choose the Right One


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Overview
Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.	XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.
Best For
Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.	Experienced traders looking to trade shares in high volume using their Zero account MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
Trust
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The Good
Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies	Competitive commissions on their Zero account Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
The Bad
Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges	No proprietary platforms or technology Expensive spreads and trading fees Lack of asset variety when compared to other brokers in the same range
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
🏛 Financial Regulators
Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.	ASIC (Australia) CySec (Cyprus) ADGM (United Arab Emirates)
📍 Year Founded
2012	2009
💳 Minimum Deposit
0	€, £, $ - 5
💰 Payment Methods
Visa Mastercard Bank Transfers Paypal	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
All available cryptocurrencies.	11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
Yes	NO
❌ Restricted Countries
None	US, CA.
📊 STP Account
No	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Assets
📚 Available Assets
Coinbase provides only real cryptocurrencies.	CFDs on stocks, commodities, currencies and indices.
📙 Stocks
N/A	1286
📘 Currency Pairs
N/A	57
📗 Commodities
N/A	15
📕 Indices
N/A	14
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
110+	N/A
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	10
📝 Notes:
Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives.	All of XM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A	Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
$2	N/A
📉 Minimum FX Trade Size
N/A	$100 (0.001 Lots)
📈 Minimum Commodities Trade Size
N/A	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A	N/A
📈 Minimum Futures Trade Size
N/A	All of XM's futures are commodities, same rules apply.
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
N/A	Up to 1:30
💪 Professional Leverage
N/A	N/A
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
No	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No
💰 Commissions
Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard.	Yes on Zero accounts ($7 per lot round turn).
Spreads
📈 EUR/USD
N/A	Dynamic - From 1.7 Pips
📉 SP500
N/A	Dynamic - From 40 Pips
📈 GOLD
N/A	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - From $9.4
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From 0.50% up to 2.0%	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No