XM
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74.07% of retail CFD accounts lose money.

Vs.

easyMarkets
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75% of retail CFD accounts lose money.

XM Vs. easyMarkets - Compare and Choose the Right One

Updated Jan 08 2022

Visit

74.07% of retail CFD accounts lose money.

Visit

75% of retail CFD accounts lose money.

Overview

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

Best For
  • 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
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
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The Good
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
The Bad
  • No proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers in the same range
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
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 documents (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
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
📍 Year Founded
2009 2001
💳 Minimum Deposit
€, £, $ - 5

$, €, £ 25 for Standard account, 2,000 for premium and 10,000 for VIP 

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.

19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC

🗽 Available to U.S Citizens
NO No
❌ Restricted Countries
US, CA. US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE
📊 STP Account
No No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, commodities, currencies and indices.

CFDs on commodities, forex, stocks, cryptocurrencies and indices.

📙 Stocks
1286 64
📘 Currency Pairs
57 62
📗 Commodities
15 17
📕 Indices
14 13
📔 ETFs
N/A N/A
💸 Cryptocurrencies
N/A 17
📒 Bonds
N/A N/A
📓 Options
N/A 23
📗 Futures
10 No
📝 Notes:
All of XM's assets are CFDs.

All of easyMarkets assets are CFDs

Trading Experience
📈 Minimum Stock Trade Size
Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares) Varies per stock (Eg: AMZN 0.05, APPL 0.25)
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
N/A $2,500 (0.025 lots)
📉 Minimum FX Trade Size
$100 (0.001 Lots) Varies per commodity (Eg: $25 for WTI, $75 for XAG)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) N/A
📉 Minimum Bonds Trade Size
N/A >N/A
📈 Minimum Futures Trade Size
All of XM's futures are commodities, same rules apply. N/A
📉 Minimum Options Trade Size
N/A Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD)
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
Yes Yes, it's possible to adjust it using pre-set levels by EasyMarkets.
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes, for Web and App accounts
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

N/A
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes on Zero accounts ($7 per lot round turn).

No
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips

Fixed per account (Eg: 1.7 Pips Standard MT4, 1.2 Pips Premium MT4 and 0.7 Pips VIP MT4)

📉 SP500
Dynamic - From 40 Pips Fixed at 150 Pips
📈 GOLD
Dynamic - From 35 Pips

Fixed per account (Eg: $0.05 Standard MT4, $0..4 Premium MT4 and $0.03 for VIP MT4)

📉 TSLA (Stock CFD)
Dynamic - From $9.4 $13
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
N/A

Fixed from $110 for Web/App and $100 for MT4 accounts

Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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