Plus500 Vs. XM - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 77% of retail CFD accounts lose money.	Visit 74.89% of retail CFD accounts lose money.
Overview
Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options.	XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.
Best For
Intermediate traders looking to trade short term Experienced traders looking to speculate using CFDs based on options	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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 3 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FCA (UK) ASIC (Australia) MAS (Singapore)	ASIC (Australia) CySec (Cyprus) ADGM (United Arab Emirates)
The Good
CFDs on american options offered Low minimum trade sizes Propietary platform with multi-charting tools	Competitive commissions on their Zero account Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
The Bad
No ability to remove leverage All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)	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
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
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.
📍 Year Founded
2008	2009
💳 Minimum Deposit Range
$100	$5
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Skrill	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.	11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, CU, SY, IR.	US, CA.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
2,245	1,382
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
2,000	1,286
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
70	57
📗 Commodities
0	0
📗 Commodities CFDs
25	15
📕 Indices
0	0
📕 Indices CFDs
26	14
📔 ETFs
0	0
📔 ETFs CFDs
95	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
14	0
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
15	0
📗 Futures
0	0
📗 Futures CFDs
0	10
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed	Variable - Fractions allowed
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed	Unavailable
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$100 (0.001 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Options Trade Size
Varies by Option (Eg: 5 contracts of Tesla Calls)	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
300	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$10 every 3 months of inactivity.	Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
None	Yes on Zero accounts ($7 per lot round turn).
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 70 Pips	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $5.2	Dynamic - From $9.4
📈 XLK (ETF - CFD)
Dynamic - From 7 Pips	Unavailable
📉 BTC
Dynamic - From $136	Unavailable
Research and Analysis
⭐ Watchlists
No	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	Yes