XM Group and TD Ameritrade are top brokerage firms. XM Group is a secure broker with licenses from the ASIC, CySEC, FCA, and IFSC. XM Offers access to the MetaTrader suite and leading educational content. It is a good fit for new traders who want to improve their trading knowledge.
TD Ameritrade is a leading US-based stockbroker with excellent platforms. It has a competitive fee structure and versatile portfolio. TD Ameritrade has many learning tools, which is why we recommend it for new investors.
Trading Platform & Tools
|MetaTrader 4 (MT4)|
|MetaTrader 5 (MT5)|
|Mutual Fund Management|
|Cost Per Trade||0||0|
|Cost Per Month||0||0|
|Forex (EUR/USD)||1.6 pips||1.3 pips|
|Stocks & ETF||0,1% – (min $5)||$6.95|
|CFD (Gold)||3 pips||0|
|Options||0||0.65 per options contract fee|
|Conversion Fees||0||$75 transfer fee|
Deposit & Withdrawal
|Minimum deposit (in UAE)||$5||0|
|Islamic Account Transfer|
|ETF & Funds||0||13000|
|CFD Indices & Funds||14||0|
|Tier 1 License|
|Tier 2 License|
|Tier 3 License|
Research & Education
|Daily News Updates|
|Market Indepth Analysis|
|Pers. Training & Room|
|Multilingual||English / Spanish|
|Personal Account Manager|
Top findings from the XM Group vs. TD Ameritrade review:
- XM is a beginner-friendly brokerage firm with a valuable learning center.
- TD Ameritrade is a trustworthy online broker with many learning and research tools.
- Both brokers offer a virtual trading account to test their offering.
XM Group and TD Ameritrade are trustworthy brokers with access to reliable learning materials. Both offer tutorials and beginner videos. XM and TD Ameritrade are a top choice for beginner traders.
Level of experience
XM Group offers access to the complete MetaTrader suite. This comes with user-friendly interfaces and valuable tools. XM has investor trading support and a demo account.
TD Ameritrade offers many educational materials, paper trading, and other useful learning tools. It has user-friendly platforms with intuitive interfaces.
The minimum deposit fee at XM Group starts at $5, while TD Ameritrade does not charge a fee. The average EUR/USD spread at XM is 1.6, while at TD Ameritrade is 1.06.
TD Ameritrade provides 73 forex currency pairs, while XM has 57 available pairs. XM Has 1372 CFDs while has no available CFDs.
XM has the MT4 and MT5 suites, but it doesn’t offer a proprietary platform. These suites are customizable, user-friendly, and intuitive. XM has valuable research and educational center with articles and trading signals.
TD Ameritrade has proprietary platforms focused on learning tools. It offers access to professional research and educational data on all its platforms. It offers webinars, articles, and many research tools.
Banking services are an asset for traders of all levels of experience. XM Group has many funding options, including bank transfers, credit/debit cards, and Skrill. TD Ameritrade has one funding solution, bank transfers.
XM Group and TD Ameritrade are top brokerage firms in 2021 with beginner-friendly services. Both have advantages and disadvantages depending on your trading style and goals. XM is a good choice for new investors who want access to reliable learning tools. We recommend TD Ameritrade for traders at all levels because of its comprehensive offer.
XM compared to other brokers: