Pepperstone vs. XM Comparison

This contrast overview aids users who struggle to pick between Pepperstone and XM to discover the most effective online broker for their trading and investment requirements. It evaluates the main features of both brokers side by side to aid customers compare their service and make a notified decision.

To help customers pick the appropriate broker in between Pepperstone and XM to discover the best-suited system, listed below is a listing of broker’s pros and cons, adhered to by a contrast of their primary trading attributes, including trading systems & tools, costs, mobile trading, deposit & withdrawal, properties, policy, and client support.

Pepperstone vs. XM: Summary

Pepperstone logo

Pepperstone is an Australian based forex and CFD broker founded in 2010. The broker is regulated by top-tier financial authorities including the Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC). Their platform offers access to 180 + financial instruments including forex and CFDs on stocks, indices, commodities and cryptocurrencies. The combined offering of cTrader, MetaTrader and various social trading features makes this broker a great fit for copy and algorithmic traders.

Pepperstone charges lower trading fees compared to other forex and CFD brokers like AvaTrade and IG. They charge zero spreads on most forex pairs and a fixed commission of $3,50.

Pepperstone’s customer service is available through phone, email, online chat and an extensive FAQ section.

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

  • Low minimum deposit ($0)
  • Low Forex spreads from 0.0 pips
  • Multiple third party integrations (MT4, MT5, cTrader, Tradingview)
  • Extensive Social trading features
  • Excellent education and research materials

Cons

  • Lack of video educational materials
  • Limited advanced order types

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

  • 60+ Forex pairs and 700+ different CFDs
  • MetaTrader 4, MetaTrader 5, cTrader trading platforms
  • TradingView integration
  • Zero spreads on a few forex pairs including EUR/USD
  • Special set of tools for professional traders
  • Islamic swap-free account available

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

Pepperstone vs. XM Comparison

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Compare brokers
Pepperstone logo

Pepperstone

Open account Read review

74-89% of retail CFD accounts lose money

XM logo

XM

Open account Read review

75.59% of retail CFD accounts lose money

BROKER COMPARISON

Pepperstone logo
XM logo

Overall rating

4,9/5

4,1/5

Overall rating

4,9/5

4,1/5

Trading Platform & Tools

4.8

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:500 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

4.9

4.1

See details
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 1.6 pips
Stocks & ETF 0 0,1% – (min $5)
CFD (Gold) 1.3 3 pips
Crypto 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.7

3.8

See details
Minimum deposit (in UAE) $0 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

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 63 55
CFD Indices & Funds 123 14
CFD Stocks 600 1286
CFD Commodities 31 14
CFD Crypto 23 5
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.9

5.0

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

Customer Support

4.8

4.5

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

Winner

Pepperstone vs. XM Comparison Conclusion

The outcomes of our contrast of Pepperstone vs. XM are involved the table listed below.

Broker:Best For:
PepperstoneForex and CFDs and algorithmic trading
XMResearch & Education

Selecting the appropriate selection in between Pepperstone and XM can be tough. Both online brokers have similarities yet differ regarding trading tools, platforms & apps, guideline, down payment & withdrawals, and research and education. Picking the most effective broker depends on customers’ trading & financial investment objectives, specific preferences, and experience level.

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.

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