This comparison overview helps users who struggle to select between ETX Capital and XM to locate the best online broker for their trading and investment demands. It assesses the highlights of the two brokers alongside to assist individuals compare their service and make a notified choice.
To aid customers choose the appropriate broker between ETX Capital and XM to discover the best-suited system, below is a listing of broker’s benefits and drawbacks, complied with by a comparison of their primary trading features, consisting of trading platforms & tools, charges, mobile trading, deposit & withdrawal, assets, guideline, and customer assistance.
ETX Capital vs. XM: Summary
ETX Capital is a UK based brokerage firm founded in 1965. It offers access to over 6000 tradable instruments including shares, forex, commodities, crypto and CFDs. ETX Capital offers a variety of trading platforms and features including a pro version platform, copy trading app and MT4 integration.
ETX Capital charges competitive trading fees and offers multiple advanced order types including GTC, GSLO, and OCO.
ETX Capital customer service is available 24-7 through email, live chat, and phone.
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
- Low spreads from 0.6 pips EUR/USD
- Compatibility with MT4
- Great choice of different trading platforms (desktop and mobile)
- Fast account opening
- Very good for Research and Education
Cons
- The offer (and choice) of trading instrument could be better
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
- Low overall trading fees
- Compatibility with MT4
- Wide range of educational materials
- Low, floating spreads
- Advanced order types
- Free unlimited demo trading account
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
ETX Capital vs. XM Comparison
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ETX Capital
XM
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 400:1 | 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
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.6 pips | 1.6 pips |
| Stocks & ETF | 0.4 pips | 0,1% – (min $5) |
| CFD (Gold) | 0.4 pips | 3 pips |
| Crypto | Variable | |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $5 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| 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 | 62 | 55 |
| CFD Indices & Funds | 30 | 14 |
| CFD Stocks | 5000 | 1286 |
| CFD Commodities | 29 | 14 |
| CFD Crypto | 4 | 5 |
| CFD Bonds | 11 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
ETX Capital vs. XM Comparison Conclusion
The outcomes of our comparison of ETX Capital vs. XM are wrapped up in the table listed below.
| Broker: | Best For: |
| ETX Capital | Forex and CFD trading |
| XM | Research & Education |
Choosing the best selection in between ETX Capital and XM can be hard. Both online brokers have similarities yet vary concerning trading tools, platforms & apps, policy, down payment & withdrawals, and research study and education. Picking the best broker relies on individuals’ trading & investment goals, private choices, 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.