XTB
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79% of retail CFD accounts lose money.

Vs.

XM
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74.89% of retail CFD accounts lose money.

XTB Vs. XM - Compare and Choose the Right One

Updated Jul 12 2022

Visit

79% of retail CFD accounts lose money.

Visit

74.89% of retail CFD accounts lose money.

Overview

XTB is an international broker specialised in CFD trading and low cost forex spreads.

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

Best For
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
  • 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

2

Other Licenses

2

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)
  • CMNV (Spain)
  • UKNF (Poland)
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
The Good
  • Low forex & stock spreads
  • Professional platform with customisable layouts
  • 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 or customise leverage
  • High commissions on stocks & ETFs
  • 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
2002 2009
💳 Minimum Deposit
$, €, £ - 0 €, £, $ - 5
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF. 11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, SY, IR. US, CA.
📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, ETFs, commodities, currencies, indices and cryptocurrencies

CFDs on stocks, commodities, currencies and indices.

📙 Stocks
1,877 1286
📘 Currency Pairs
57 57
📗 Commodities
21 15
📕 Indices
36 14
📔 ETFs
135 N/A
💸 Cryptocurrencies
5 N/A
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A 10
📝 Notes:

All XTB assets are CFDs.

All of XM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
$50 Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)
📉 Minimum ETFs Trade Size
$50 N/A
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) N/A
📉 Minimum FX Trade Size
$1,000 $100 (0.001 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold) 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
Up to 1:30 Up to 1:30
💪 Professional Leverage
N/A N/A
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
No Yes
💻 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
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
Yes, $10 a month after 1 year of inactivity

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

💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions
For Stocks and ETFs / 0.08% - $8 Minimum commission

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

Spreads
📈 EUR/USD
Dynamic - From 0 to 0.8 Pips Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $9.4
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
Dynamic - From $120 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No