Compare moomoo vs XM


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

moomoo vs XM
overall rating
4.5
4.5
overall pros
  • Free stocks, ETFs and options
  • Fast and easy account opening
  • Quality analytical tools
  • Low stock CFD and withdrawal fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • Limited product portfolio
  • Only bank transfer for deposit/withdrawal
  • No live chat or telephone support
  • Limited product portfolio
  • Average forex and stock index CFD fees
  • No investor protection for non-EU clients
fees
4.7
  • Commission-free stocks, ETFs, and options
  • No inactivity fee
  • High margin rates
3.8
  • No withdrawal fee
  • Low stock CFD fees
  • Inactivity fee
  • Average FX fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Fast
  • Available only in the US and Singapore
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
1.9
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High wire withdrawal 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
  • Poor design
mobile trading platform
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
4.5
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
3.4
  • 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  • Outdated design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
2.1
  • Stock
  • ETF
  • Options
2.5
  • Forex
  • CFD
  • Real stocks for clients under Belize (IFSC)
research
5.0
  • Good interactive chart
  • Data on asset fundamentals
  • Good set of analytical tools
4.4
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
1.5
  • Good email support
  • No phone support
  • No live chat
  • No 24/7 support
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
2.0
  • Demo account
  • Educational texts
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • No negative balance protection
  • 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 Investors and traders looking for zero-commission trading and focusing on US markets. Forex and CFD traders who prefer MetaTrader platforms and seek great account opening
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