Compare FXTM Vs Xtrade: Which is the Better Forex Broker in 2024?
FXTM Vs Xtrade, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FXTM Vs Xtrade, here is the direct comparison:
Compare | FXTM | Xtrade |
General Rating |
3.06/5 |
1.00/5 |
Score | ||
Trustpilot |
3.1/5 704 users |
3.7/5 102 users |
πΌ Regulation | ||
β Info | ||
β Established | 2011 | 2010 |
π² Min Deposit | $10 | $100 |
β Max Leverage | 1:2000 | 1:400 |
π’ Spread | Variable | Fixed |
πΈ Commissions | $2 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller, UnionPay, QIWI, Perfect Money, DIXIPAY, FasaPay, Crypto and Google Pay | CashU, Credit/debit cards, giropay, Neteller, paysafecard, QIWI, Skrill, SOFORT, UnionPay, WebMoney, Wire transfer and YooMoney |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Czech, English, Spanish, Persian, French, Hindi, Indonesian, Italian, Korean, Malay, Polish, Russian, Thai, Turkish, Urdu, Vietnamese, Chinese | Arabic, Chinese, English, Russian, Spanish |
πͺ Trade Now | Open FXTM | Open Xtrade |
Compare Again
Testimonials
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FXTM: Recover my fund without question
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FXTM: So far FXTM has always met my ideal trading conditions,...
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FXTM: One thing I like about FXTM is that they always...
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FXTM: I was having issues with withdrawals, but their customer support...
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FXTM: I don't understand why do they charged me overnight fees...
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Xtrade: Education Xtrade
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Xtrade: Simple.
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Xtrade: credibility
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Xtrade: Overall impression
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Xtrade: The onboarding process
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See More FXTM Testimonials
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See More Xtrade Testimonials
News
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FXTM Forex Broker Parts Ways with Financial Commission
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FXTM Exits EU Operations, Surrenders CySEC License
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FXTM UK Revenue Drop Despite Rising Profit in 2022
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OANDA fxTrade Desktop Version No Longer Downloadable
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FXTM Closed FX Retail Business in Europe
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FXTM Launched Education Program in Nigeria
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FXTM Welcomes A List Of New Trading Products
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FXTM Added Perfect Money, Competitive Payment Portal With Lower Fee
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FXTM Launched Shares Account for CFDs Trader
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See More Related FXTM News
Article
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How to Deposit and Withdraw in FXTM
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FXTM App Review: Every Trader's Perfect Mobile Companion
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How to Verify Account in FXTM
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How to Open Account in FXTM
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Discover 50% First Deposit Bonus on Xtrade
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FXTM Invest: Trading Made Easy for Investors and Strategy Managers
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See More Related FXTM Article
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See More Related Xtrade Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FXTM provides their pricing with Variable spread while Xtrade offers Fixed spread.
FXTM vs Xtrade: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FXTM enables trading with MetaTrader 4 (Limited with 60 days), MetaTrader 5 (Limited with 30 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, Xtrade provides trading with XTrade Platform with the support of Pending orders.
Is FXTM or Xtrade better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FXTM supports trading with Forex, Gold & silver, Commodities, Indices, CFD, Oil, Futures, Crypto, while Xtrade presents the ability of trading with Forex, Stocks, Indexes, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FXTM and Xtrade:
- Compare FXTM vs Forex4You
- Compare FXTM vs Orbex
- Compare FXTM vs Tickmill
- Compare Xtrade vs FBS
- Compare Xtrade vs Vantage Markets
- Compare Xtrade vs Interactive Brokers
For more comparisons, visit this page.