Updated May 13 2022
Overview | |
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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 | |
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Licenses | |
![]() Financial Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! ![]() |
No fresh news at the moment. Check again soon! ![]() |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2012 | 2009 |
💳 Minimum Deposit | |
0 | €, £, $ - 5 |
💰 Payment Methods | |
💵 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 | |
📙 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 |