Compare Plus500 vs XM


Online brokers compared for fees, trading platforms, safety and more. See how Plus500 stacks up against XM!

Plus500 vs XM
overall rating
4.3
4.4
overall pros
  • Easy-to-use platform
  • Low CFD fees
  • Great account opening
  • Low CFD and withdrawal fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • Limited product range, only CFDs
  • Minimal research tools
  • Mediocre educational section
  • Limited product portfolio
  • Average forex fees
  • No investor protection for non-EU clients
fees
2.9
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
3.5
  • No withdrawal fee
  • Low CFD fees
  • Inactivity fee
  • Average FX fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
5.0
  • Credit/Debit card available
  • No deposit fee
  • Five withdrawals per month free
5.0
  • Credit/Debit card available
  • Several account base currencies
  • Free wire withdrawal above $200
web trading platform
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
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
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
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  • Outdated design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
1.9
  • CFD
2.5
  • Forex
  • CFD
  • Real stocks for clients under Belize (IFSC)
research
2.8
  • Good interactive chart
  • User-friendly
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
4.4
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
5.0
  • Live chat
  • Relevant answers
  • 24/7 availability
  • No phone support
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
2.5
  • Demo account
  • Educational videos
  • No trading platform tutorial videos
  • No webinars
  • No educational articles
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Listed on stock exchange
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • 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 Experienced traders looking for an easy-to-use platform and a great user experience Forex and CFD traders who prefer MetaTrader platforms and seek great account opening
×