XM
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73.03% of retail CFD accounts lose money.

Vs.

Webull
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Your capital is at risk.

XM Vs. Webull - Compare and Choose the Right One

Updated May 26 2022

Visit

73.03% of retail CFD accounts lose money.

Visit

Your capital is at risk.

Overview

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

Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.

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
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
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

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
  • HKMA (Hong Kong)
  • FINRA (United States)
The Good
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
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
  • No international clients at the moment
  • No joint accounts
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.

📍 Year Founded
2009 2017
💳 Minimum Deposit
€, £, $ - 5 €, £, $ - 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR. 1 - USD
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries
US, CA. EU, UK, CA, JP, IN, IR, MY, ZA, AU.
📊 STP Account
No No
📊 DMA Account
No Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, commodities, currencies and indices.

Real stocks, ETFs and cryptocurrencies

📙 Stocks
1286 10,000+ real stocks from 5 exchanges worldwide
📘 Currency Pairs
57 0
📗 Commodities
15 0
📕 Indices
14 0
📔 ETFs
N/A 2400+ Real ETFs
💸 Cryptocurrencies
N/A 20
📒 Bonds
N/A 0
📓 Options
N/A Several Option Chains
📗 Futures
10 N/A
📝 Notes:
All of XM's assets are CFDs. WeBull is mostly dedicated to U.S client and does not provide CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares) $5
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
N/A Varies by cryptocurrency
📉 Minimum FX Trade Size
$100 (0.001 Lots) N/A
📈 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 contract
💪 Retail Leverage
Up to 1:30 1:4
💪 Professional Leverage
N/A N/A
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
💻 Web trader
Yes No
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 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 No
💰 Commissions

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

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

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