RoboForex vs. XM Comparison

This comparison guide assists users who battle to pick in between RoboForex and XM to discover the most effective online broker for their trading and investment requirements. It evaluates the main features of the two brokers side by side to help users contrast their solution and make an educated decision.

To assist users pick the appropriate broker in between RoboForex and XM to locate the best-suited system, listed below is a checklist of broker’s benefits and drawbacks, complied with by a comparison of their major trading attributes, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, possessions, policy, and consumer support.

RoboForex vs. XM: Summary

roboforex-logo

RoboForex is a forex and CFD broker regulated by the IFSC. They provide users access to over 12,000 tradable instruments including CFDs on stocks, futures, indices, cryptocurrencies, and forex. RoboForex users can choose between various platforms including a proprietary platform (RoboForex Terminals), MetaTrader 4, MetaTrader 5, and cTrader.

RoboForex offers competitive trading fees compared to similar brokers in the industry (Pepperstone and IC Markets). They charge tight spreads from 0.0 pips EUR/USD and an additional commission. Apart from that, RoboForex doesn’t charge any hidden commissions or fees. The maximum leverage at RoboForex is 1:2000 and all clients get access to a free VPS server.

RoboForex’s customer support is available by email, phone, and live chat in English, Arabic, and over 10 other languages.

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 ($10)
  • Forex spreads from 0.0 pips (EUR/USD)
  • MT4, MT5 and cTrader integration
  • Excellent customer support
  • Access to 12,000 tradable assets
  • Availability of copy trading tools (CopyFX)

Cons

  • Limited banking options available

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

  • Access to 12,000 financial instruments
  • High welcome and profit share bonuses
  • Access to Expert Advisors (EA’s) through the R StocksTrader Strategy Builder
  • Social trading via CopyFX
  • Intuitive mobile trading app

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

RoboForex vs. XM Comparison

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Compare brokers
roboforex-logo

RoboForex

Open account Read review

79.43% of retail investor accounts lose money when trading CFDs

XM logo

XM

Open account Read review

75.59% of retail CFD accounts lose money

BROKER COMPARISON

roboforex-logo
XM logo

Overall rating

4,3/5

4,1/5

Overall rating

4,3/5

4,1/5

Trading Platform & Tools

4.3

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 2000:1 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

4.6

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) 1 1.6 pips
Stocks & ETF 0 0,1% – (min $5)
CFD (Gold) 7 3 pips
Crypto 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.4

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.1

3.8

See details
Minimum deposit (in UAE) $10.00 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.8

2.8

See details
Shares 12000 100
ETF & Funds 1000 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 40 55
CFD Indices & Funds 1100 14
CFD Stocks 12000 1286
CFD Commodities 100 14
CFD Crypto 0 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

3.8

5.0

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

Customer Support

4.7

4.5

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

Winner

RoboForex vs. XM Comparison Conclusion

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

Broker:Best For:
RoboForexForex and CFDs and Welcome bonuses
XMResearch & Education

Picking the right selection between RoboForex and XM can be challenging. Both online brokers have resemblances but differ regarding trading tools, platforms & applications, policy, down payment & withdrawals, and research and education and learning. Picking the best broker depends on individuals’ trading & investment objectives, individual 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.

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