Compare XM Vs FXTM: Which is the Better Forex Broker in 2024?
XM Vs FXTM, 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 XM Vs FXTM, here is the direct comparison:
Compare | XM | FXTM |
General Rating |
3.38/5 |
3.06/5 |
Score | ||
Trustpilot |
2.6/5 580 users |
3.1/5 704 users |
πΌ Regulation | ||
β Info | ||
β Established | 2009 | 2011 |
π² Min Deposit | $5 | $10 |
β Max Leverage | 1:1000 | 1:2000 |
π’ Spread | Variable | Variable |
πΈ Commissions | $3.50 | $2 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, Western Union, CashU, QIWI, iDEAL, SOFORT, FasaPay, giropay, paysafecard and Moneta.Ru | WebMoney, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller, UnionPay, QIWI, Perfect Money, DIXIPAY, FasaPay, Crypto and Google Pay |
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 | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, German, Greek, English, Spanish, French, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Swedish, Thai, Turkish, Chinese | Arabic, Czech, English, Spanish, Persian, French, Hindi, Indonesian, Italian, Korean, Malay, Polish, Russian, Thai, Turkish, Urdu, Vietnamese, Chinese |
πͺ Trade Now | Open XM | Open FXTM |
Compare Again
Testimonials
-
XM: Explore!!!
-
XM: full-fledged trading platform
-
XM: THE BEST
-
XM: Claim Bonus
-
XM: Good for beginners
-
FXTM: Recover my fund without question
-
FXTM: So far FXTM has always met my ideal trading conditions,...
-
FXTM: One thing I like about FXTM is that they always...
-
FXTM: I was having issues with withdrawals, but their customer support...
-
FXTM: I don't understand why do they charged me overnight fees...
-
See More XM Testimonials
-
See More FXTM Testimonials
News
-
Compete and Win USD2,500 in the XM Weekly Demo Contest
-
FXTM Forex Broker Parts Ways with Financial Commission
-
XM Collaborates with EDF to Support Education for Disadvantaged Students
-
XM Forex Broker and We Listen Malaysia Join Forces to Empower Orphans
-
XM Collaborates with BenihBaik to Help Indonesia's Underprivileged Communities
-
XM Holds Hand with Red Cross Home for the Disabled for Magical Disney Outing
-
Unlock Your Fortune: Claim Your XM Angpao Bonus Today!
-
FXTM Exits EU Operations, Surrenders CySEC License
-
XM Contributes on Literacy Support to Orphans and Homeless in Iraq
-
See More Related XM News
-
See More Related FXTM News
Article
-
How to Deposit and Withdraw in FXTM
-
FXTM App Review: Every Trader's Perfect Mobile Companion
-
Exploring XM Exclusive Technical Indicators
-
How to Verify Account in FXTM
-
How to Open Account in FXTM
-
Explore XM MT5 Performance in Various Devices
-
Getting Started with XM Copy Trading for New Investors
-
Earn Money by Sharing Strategy on XM Copy Trading
-
Get to Know MT4 Platform with XM Video Tutorials
-
See More Related XM Article
-
See More Related FXTM Article
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Forex4You
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- 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, XM provides their pricing with Variable spread while FXTM offers Variable spread.
XM vs FXTM: 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, XM enables trading with MetaTrader 4, MetaTrader 5, Social Trading, Web. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FXTM provides trading with MetaTrader 4 (Limited with 60 days), MetaTrader 5 (Limited with 30 days) with the support of One-click trading, Trailing stop, Pending orders.
Is XM or FXTM 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, XM supports trading with Forex, Gold & silver, CFD, Oil, Crypto, Stocks, Commodities, Indices, while FXTM presents the ability of trading with Forex, Gold & silver, Commodities, Indices, CFD, Oil, Futures, 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 XM and FXTM:
- Compare XM vs Forex4You
- Compare XM vs IC Markets
- Compare XM vs DeltaStock
- Compare FXTM vs GOMarkets
- Compare FXTM vs Blueberry Markets
- Compare FXTM vs FxPro
For more comparisons, visit this page.