All stock trading-related fees at XM

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It's great that you are interested in stock trading at XM. When looking for a stockbroker, one of the most important aspects are fees. However, sometimes it can be a daunting task to pay attention to all the relevant fees and it can be frustrating to pay for some fees you didn't even know existed. Don't worry, we are here to help you with that.

We at BrokerChooser test brokers' services with a live account and real money, so our knowledge is based on our first-hand experience.

In this article, we are going to walk you through all the fees that are relevant for stock trading at XM.

My key findings in a nutshell

My key findings in a nutshell

Tamás Gyuriczki

Investments • Stock Market • Market Analysis

As a financial expert with BrokerChooser, I play an integral role in the analyst team by actively reviewing many of the 100+ brokers that are listed on our site. I personally open accounts with real money, execute trades, test customer services. My hope is that my first-hand experience with these brokers, incorporated in our reviews, helps users find the most suitable broker for their needs.

Learn about our methodology

Tamás Gyuriczki

Investments • Stock Market • Market Analysis

I've thoroughly tested XM services with our analyst team by opening a real-money account and these are my most important findings:

• Fees are extremely important when choosing a broker for stock trading
• XM's stock and ETF trading fees are low
• Pay attention to less obvious fees like conversion fees
• Visit XM's site if you need more information about fees
• XM is a reliable broker regulated by at least one top-tier regulator

First, let's see if XM is available in your country

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71.61% of retail CFD accounts lose money

Disclaimer: 71.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Stock and ETF trading fees are charged for buying and selling stocks and ETFs through a brokerage platform. At XM, stock and ETF trading fees are low.

The following table shows the trading fees of a few popular stocks at XM. In these examples, a trade would mean buying a $2,000 position, holding it for one week, then selling it.

At XM, there is no deposit fee. This means that no money will be deducted from your deposits. Be aware, though, that your deposits may be subject to conversion fees. We will cover this later in the article.

At XM, there is no withdrawal fee. This means that no money will be deducted from your withdrawals. However, just like in the case of deposits, you should pay attention to conversion fees.

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71.61% of retail CFD accounts lose money

Conversion fees apply when you deposit money to your account in a currency other than your account base currency, or when you buy an asset denominated in a currency other than your account base currency. You can find out more about conversion fees on XM's website.

Custody fees at brokerages are charged for holding positions in certain types of assets, usually stocks, ETFs or bonds.

At XM, there is no custody fee. This means that you will not be charged for simply holding positions.

The account fee is usually a flat fee, charged in order to cover the costs of maintaining and administering an account. It is typically charged on a regular basis, usually monthly or quarterly.

XM charges no account fee. This means that you won't have to pay to the broker for simply maintaining your account.

The inactivity fee is a flat fee that is charged if the account hasn't seen any trading or other activity for a certain period of time. It is typically charged on a regular basis, usually monthly or quarterly.

At XM, there is an inactivity fee with the following conditions: $15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive.

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71.61% of retail CFD accounts lose money

Making sense of brokerage fees can be frustrating, so we hope that you found this guide useful. Keeping all of these fee types in mind should help you pick the right broker and make trading decisions more confidently.

We believe you are on the right track now, but if you are stuck somewhere, have a question, or a suggestion, please drop a message on our Forum.