Online brokers compared for fees, trading platforms, safety and more. See how TradeStation stacks up against XM!
Last update of data—Aug 2022
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for traders focusing on US markets and buy-and-hold investing.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
TradeStation
TradeStation is a US stockbroker regulated by FINRA, a top-tier US regulatory body.
Recommended for traders focusing on US markets and buy-and-hold investing.
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.
TradeStation's service is on par with XM's and a comparison of their fees shows that TradeStation's fees are similar to XM's.
Account opening takes about the same effort at TradeStation compared to XM, deposit and withdrawal processes are considerably more complicated at TradeStation, while customer service quality is lower than XM's.
Our experts rated the trading platform of TradeStation as somewhat better than the platform of XM, found that clients have access to about the same number of markets and products with TradeStation, while XM provides just about the same quality of 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.
Brokers displayed might not be available in United States.