XM
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74.07% of retail CFD accounts lose money.

Vs.

Valutrades
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66% of retail CFD accounts lose money.

XM Vs. Valutrades - Compare and Choose the Right One

Updated May 13 2022

Visit

74.07% of retail CFD accounts lose money.

Visit

66% 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.

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

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
  • Currency traders looking for an ECN broker
  • Professional currency traders looking for an API offering
  • Traders looking for a narrow range of commodities, cryptocurrencies 
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
  • FSAS (Seychelles)
  • FCA (UK)
The Good
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
  • Scalping is allowed (great for professional traders)
  • Competitive commissions of $3 per lot round turn
  • Access to ECN or DMA accounts 
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 is poor (only 80 instruments and no stocks or ETFs)
  • Doesn’t have its on trading application
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.

📍 Year Founded
2009 2012
💳 Minimum Deposit
€, £, $ - 5 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Maestro
  • American Express
  • AstroPay
  • Diners
  • SticPay
  • PayPal
  • Skrill
  • Neteller e-wallets
  • Wire transfers
  • Giropay
  • iDEAL
  • JCB
  • Klarna
  • POLiPaysafecard
  • Przelwy24
  • Rapid Transfer
  • AliPay
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR. 13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA. US, IR, SY
📊 STP Account
No No
📊 DMA Account
No Yes
📊 ECN Account
No Yes
Assets
📚 Available Assets

CFDs on stocks, commodities, currencies and indices.

CFDs on currencies, commodities, indices and cryptocurrencies

📙 Stocks
1286 N/A
📘 Currency Pairs
57 73
📗 Commodities
15 5
📕 Indices
14 25
📔 ETFs
N/A N/A
💸 Cryptocurrencies
N/A 4
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
10 46
📝 Notes:
All of XM's assets are CFDs.

All of Valutrades assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares) N/A
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
N/A Varies per cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
$100 (0.001 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold) Varies per commodity (eg: 0.01 Contracts of Gold)
📉 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 N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No No
📱 Android App
No No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

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

No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No

Three free withdrawals a month, then 5% processing fee

💰 Commissions

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

Yes (Eg: Forex commission of $3 per side with ECN account)

Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips Dynamic - From 0.1 Pips
📉 SP500
Dynamic - From 40 Pips Dynamic - From 34 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 22 Pips
📉 TSLA (Stock CFD)
Dynamic - From $9.4 N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
N/A Dynamic - From $90
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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