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Compare TradeStation Global vs XM


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

TradeStation Global vs XM
overall rating
4.5 / 5.0
4.4 / 5.0
overall pros
  • Low trading fees
  • Wide range of products
  • Fast and relevant customer service
  • Low trading fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • Not user-friendly deposit and withdrawal
  • Complicated account opening
  • Under-developed web trading platform
  • Only CFDs and forex offered
  • Limited research tools
  • Inactivity fee
fees
4 stars
  • Low financing rate
  • Withdrawal fee
  • $10 inactivity fee
4 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
2 stars
  • Fully digital account opening
  • Dedicated account manager
  • Not user-friendly
  • Slow account opening, 1-2 days
  • Minimum account balance is $5,000
5 stars
  • Fast account opening
  • Fully digital account opening
  • Very low minimum deposit
deposit and withdrawal
2 stars
  • Several account base currencies
  • No charge for the first withdrawal every month.
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
5 stars
  • Credit/Debit card deposit and withdrawal
  • No deposit fee
  • Quick funding and withdrawal -within 3 days
  • $15 fee for withdrawals less than $200
web trading platform
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Difficult to set the alerts
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Wide variety of languages
  • No two-step (safe) login
  • No price alerts
  • Does not look nice
mobile trading platform
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
4 stars
  • User-friendly
  • Looks nice
  • Available in several languages
  • No two-step (safe) login
desktop trading platform
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No clear fee report available
  • Poor search function
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Available in several languages
  • No two-step (safe) login
  • Does not look nice
markets and products
5 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
1 stars
  • Forex
  • CFD
  • Crypto
research
3 stars
  • Good interactive chart
  • Good quality news flow
  • No analyst recommendations for stocks, bonds, etc.
  • Limited fundamental data
3 stars
  • Many technical-based analyzes
  • Great economic calendar
  • No fundamental data available
  • Missing news
customer service
4 stars
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7
4 stars
  • Live chat
  • Fast response time
  • Available in local languages
  • Missing 24/7
  • Sometimes irrelevant answers
education
0 stars
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Missing written education content
  • Regulated by top tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • Regulated by top tier financial authority
  • High level of investor protection
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Traders looking for low fees and a lot of products Forex and CFD traders looking for MetaTrader platforms and low trading fees