This comparison guide helps individuals who struggle to pick in between Sarwa and XM to locate the very best online broker for their trading and financial investment needs. It assesses the highlights of both brokers alongside to aid users contrast their solution and make a notified choice.
To assist customers choose the right broker in between Sarwa and XM to locate the best-suited system, listed below is a listing of broker’s advantages and disadvantages, followed by a contrast of their main trading features, including trading platforms & tools, charges, mobile trading, down payment & withdrawal, possessions, policy, and consumer assistance.
Sarwa vs. XM: Summary
Sarwa is a UAE based robo-advisor founded in 2017. It is regulated by both UAE financial regulators: the DFSA and the FSRA. Sarwa combines automated and manual investment services across various markets including stocks, ETFs, mutual funds, cryptocurrencies and indices.
Sarwa charges $0 commissions on stocks and cryptocurrencies. The broker does not charge conversion, withdrawal or inactivity fees. This makes Sarwa a low cost broker.
The minimum deposit required at Sarwa is low ($0). They allow direct deposits and withdrawals in AED (no conversion fees apply). Funding options at Sarwa are limited to bank wire transfers.
Sarwa’s customer service is available by email and phone. Their website additionally features and extensive FAQ section that answers users common questions on a regular basis.
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
- Direct AED deposits (without conversion fees)
- Automated and manual trading services
- Suitable for both beginner and professional traders
- Free financial advisory services
- Option to visit their offices in Dubai or Abu Dhabi and receive direct investment advice
- Competitive trading fees (0% commission on stocks and ETFs)
Cons
- Few banking options
- Limited markets
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 stock trading fees ($0 commission)
- Wide range of assets (4,000 stocks & fractional shares)
- Easy to use trading interface
- Direct AED Deposits
- Simple buy and sell options
- Regulated by the DFSA and FSRA
- 0$ Minimum Deposit
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
Sarwa vs. XM Comparison
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Sarwa
XM
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:1 | 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 | 1.6 pips |
| Stocks & ETF | 0.85% | 0,1% – (min $5) |
| CFD (Gold) | 0 | 3 pips |
| Crypto | 0.75% | |
| Options | 0.85% | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 | $5 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 4000 | 100 |
| ETF & Funds | 1 | 0 |
| Crypto | 1 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 1 | 0 |
| Futures | 1 | 0 |
| Bonds | 1 | 0 |
| Forex Instruments | 0 | 55 |
| CFD Indices & Funds | 0 | 14 |
| CFD Stocks | 0 | 1286 |
| CFD Commodities | 0 | 14 |
| CFD Crypto | 0 | 5 |
| CFD Bonds | 0 | 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
Sarwa vs. XM Comparison Conclusion
The outcomes of our comparison of Sarwa vs. XM are wrapped up in the table below.
| Broker: | Best For: |
| Sarwa | Stocks and ETFs; Robo-advisor |
| XM | Research & Education |
Picking the best option between Sarwa and XM can be tough. Both online brokers have similarities yet differ concerning trading instruments, platforms & applications, regulation, down payment & withdrawals, and research study and education. Selecting the most effective broker relies on customers’ trading & investment objectives, private choices, 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.