Compare FXTM vs XM


Online brokers compared for fees, trading platforms, safety and more. See how FXTM stacks up against XM!

FXTM vs XM
overall rating
4.2
4.3
overall pros
  • Superb customer service
  • Great educational tools
  • Digital and fast account opening
  • Low CFD and withdrawal fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • High stock CFD fees
  • Inactivity and withdrawal fees
  • Limited product portfolio
  • Limited product portfolio
  • Average forex fees
  • No investor protection for non-EU clients
fees
3.4
  • Low fees for stock index CFDs
  • Low EURCHF and EURGBP fees
  • High non-trading fees
  • Withdrawal fee
  • High stock CFD fees
3.8
  • No withdrawal fee
  • Low CFD fees
  • Inactivity fee
  • Average FX fees
account opening
5.0
  • Fast
  • Fully digital
  • User-friendly
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.0
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal - within 3 days
  • Most of the withdrawal options have a fee
5.0
  • Credit/Debit card available
  • Several account base currencies
  • Free wire withdrawal above $200
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Outdated design
  • Search function could be better
markets and products
2.4
  • Stock
  • Forex
  • CFD
  • Crypto
2.5
  • Forex
  • CFD
  • Real stocks for clients under Belize (IFSC)
research
3.8
  • Quality news flow
  • User-friendly
  • Technical analysis-based trading ideas
  • No fundamental data available
4.5
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Negative balance protection
  • Regulated by the top-tier ASIC
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex traders familiar with the MetaTrader 4 platform Forex and CFD traders who prefer MetaTrader platforms and seek low trading fees
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