Alpari vs. XM Comparison

This comparison overview aids customers who have a hard time to pick in between Alpari and XM to find the very best online broker for their trading and financial investment requirements. It analyzes the main features of the two brokers side-by-side to assist individuals contrast their solution and make an informed decision.

To aid users choose the ideal broker in between Alpari and XM to discover the best-suited system, below is a listing of broker’s pros and cons, adhered to by a comparison of their major trading features, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, guideline, and consumer assistance.

Alpari vs. XM: Summary

Alpari-logo

Alpari is a financial brokerage company founded in 1998. The broker is not regulated, and is therefore not considered safe. Users have access to multiple assets including stocks (600 US stock CFDs), forex (46 + forex pairs), commodities and indices.

Alpari’s trading platform has over 60,000 users and is compatible with MetaTrader 4 and 5.

Alpari offers commission-free CFD trading and charges forex spreads from 1,2 pips EUR/USD. Traders can receive up to 20% cashback on paid spreads and commissions through Alpari’s loyalty program.

Alpari’s customer support is available by email (support@alpari.com), phone (+442 080 896 850), and via live chat in Arabic and English.

XM logo

XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

Pros

  • Access to over 600 US stock CFDs and 46 forex pairs
  • Commission-free CFD trading
  • MetaTrader 4 and 5 compatibility
  • Low (floating) spreads from 1,2 pips (EUR/USD)
  • PAMM account availability

Cons

  • Has a history of insolvency
  • No valid trading licence

Pros

  • Very good customer support
  • Very competitive trading fees
  • Good choice of different trading platforms

Cons

  • Could have more deposit and withdrawal options

Key features

  • Zero commission CFD trading
  • Low minimum deposit ($100)
  • Access to PAMM services
  • Support for MetaTrader 4 & 5
  • High-quality market analysis and research
  • Over 600 CFDs and 46 forex pairs

Key features

  • Access to 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

Alpari vs. XM Comparison

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AvaFutures
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com Review
Capitalize.ai
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HF Markets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex Review March 2024
Lightspeed
LiteFinance
Magnifi
Markets.com
Merrill Edge
MEXEM
Moneta Markets
Multibank
Naga
Nemo Money Review UAE 2024
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Ideas
Trade Nation
TradeStation
Trading212
TrendSpider
Vantage
Vestinda
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers
XM logo

XM

Open account Read review

75.59% of retail CFD accounts lose money

BROKER COMPARISON

Alpari-logo
XM logo

Overall rating

3,2/5

4,1/5

Overall rating

3,2/5

4,1/5

Trading Platform & Tools

3.8

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1000:1 1:888
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

2.9

4.1

See details
Withdrawal Fee 0-2% 0
Deposit Fee 0 0
Inactivity Fee $5 after 6 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.4 1.6 pips
Stocks & ETF 0 0,1% – (min $5)
CFD (Gold) 3.3 3 pips
Crypto 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.0

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.7

3.8

See details
Minimum deposit (in UAE) $5.00 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.5

2.8

See details
Shares 0 100
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 61 55
CFD Indices & Funds 20 14
CFD Stocks 600 1286
CFD Commodities 8 14
CFD Crypto 0 5
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

2.5

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.2

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Alpari vs. XM Comparison Conclusion

The results of our comparison of Alpari vs. XM are wrapped up in the table below.

Broker:Best For:
AlpariTrading with multiple assets and PAMM investment services
XMResearch & Education

Picking the appropriate selection in between Alpari and XM can be challenging. Both online brokers have resemblances yet differ pertaining to trading tools, systems & applications, law, down payment & withdrawals, and study and education and learning. Selecting the best broker depends on customers’ trading & financial investment goals, private preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

This site is registered on wpml.org as a development site.