Compare TD Ameritrade vs XM


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

TD Ameritrade vs XM
overall rating
4.8
4.4
overall pros
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
  • Low CFD and withdrawal fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • You can trade only in the US markets
  • Slow and not fully digital account opening
  • No credit/debit cards and electronic wallets for money transfer
  • Only CFDs, forex, cryptos for Europeans
  • Average forex fees
  • Inactivity fee
fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
3.8
  • Low CFD fees
  • No withdrawal fee
  • Inactivity fee
  • Average FX fees
account opening
2.9
  • No minimum deposit
  • Many account types
  • Not fully digital
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee for wire transfers
5.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Free wire withdrawal above $200
web trading platform
3.8
  • User-friendly
  • Clear fee report
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No price alerts
  • Outdated design
mobile trading platform
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
4.8
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • Outdated design
  • Search function could be improved
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
2.9
  • Stock
  • Forex
  • CFD
  • Crypto
research
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
5.0
  • Phone support
  • Live chat
  • Fast response time
3.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 phone support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • 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 solid research and a well-equipped desktop trading platform Forex and CFD traders who prefer MetaTrader platforms and seek low trading fees
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