Online brokers compared for fees, trading platforms, safety and more. See how Robinhood stacks up against XM!
Last update of data—Aug 2022
Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for beginners and buy-and-hold investors focusing on the US stock market.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
Robinhood
Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
Recommended for beginners and buy-and-hold investors focusing on the US stock market.
XM
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
Robinhood's service is on par with XM's and a comparison of their fees shows that Robinhood's fees are slightly lower than XM's.
Account opening takes about the same effort at Robinhood compared to XM, deposit and withdrawal processes are considerably more complicated at Robinhood, while customer service quality is considerably lower than XM's.
Our experts rated the trading platform of Robinhood as better than the platform of XM, found that clients have access to about the same number of markets and products with Robinhood, while XM provides better research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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