XM offers a beginner-friendly online trading experience with low trading and non-trading fees. XM is a leading online broker with a transparent fee structure. It has top-tier licenses from the ASIC, FCA, CySEC, and IFSC.
Each online broker has a specific fee structure. This article discusses the fees at XM.
XM has low trading fees. For example, the stock fee for a $2,000 trade is $0. We review online brokers with real money and accounts. Our findings depend on many factors, including trading volume. Check our in-depth reviews to discover more about the trading fees at XM.
|Apple benchmark fee||$6.0||$10.6||$33.8|
|Vodafone benchmark fee||$1.2||$31.2||–|
|EURUSD benchmark fee||$9.5||$8.8||$8.3|
XM has low financing rates. For example, the yearly financing rate for Apple CFDs is 3.2%. Financing rates are essential if you plan to hold your positions for the long term.
Financing Rates Cpmpared
|Apple CFD financing rate||3.2%||2.7%||3.9%|
|Vodafone CFD financing rate||3.1%||2.8%||–|
|EURUSD financing rate||1.7%||1.5%||1.6%|
|EURGBP financing rate||1.6%||1.5%||1.6%|
XM has average non-trading fees. Non-trading fees are important when it comes to online trading. The withdrawal and deposit fee at XM is $0. Check our in-depth reviews to learn more about non-trading fees at XM.
Non-trading Fees Compared
XM does not charge a deposit fee for bank transfers, credit/debit cards, and electronic wallets. Deposit fees happen when transferring funds from your personal accounts to your brokerage account. Trustworthy online brokers offer fee-free deposits.
Deposit Fees Compared
XM does not charge a withdrawal fee for bank transfers, credit/debit cards, and electronic wallets. Charging a withdrawal fee is common among leading online brokers. Read our in-depth reviews to learn more about trading costs at XM.
Withdrawal Fees Compared
|Withdrawal fee with bank transfer||$0||$0||$3|
XM has a $15 one-off maintenance fee after one year of inactivity. A $5 per month fee follows this if the account remains inactive.
Inactivity Fee Compared
|Inactivity fee||$15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive.||$15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity||$5 per month after 6 months of inactivity|
XM is a leading online broker with an average fee structure. Trading costs at this broker are lower than with competitor brokerage firms. It is a top choice for new traders who want access to reliable trading services. Learn more about online trading and fees from our in-depth reviews.
XM compared to other brokers:
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.