Can you buy ETFs at XM?
ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at XM, and if yes, under what conditions.
Unfortunately, ETFs are not available at XM. Check out our top list of the best ETF brokers in the world and browse a curated selection of the most recommended brokers for trading ETFs.
You might be wondering - how did we actually decide which brokers made the cut for our best ETF brokers toplist? It wasn't just guesswork. Our team of professional brokerage analysts got deep into the weeds, closely examining hundreds of features and data points across over 100 online brokers. We looked at things like which brokers had the lowest ETF trading fees, gave access to the most ETF markets globally, had the slickest desktop trading platforms that were still powerful for advanced traders, and provided top-notch research and charting tools.
XM has a below-average ETF trading score
Want to know if XM is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.
XM ended up with a pretty underwhelming ETF score of 3.3 stars . That's definitely below average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how XM stacks up against some of its closest competitors:
| Broker | ETF score |
|---|---|
| XM | 3.3 /5 |
| FxPro | 0.0 /5 |
| Admirals (Admiral Markets) | 0.0 /5 |
ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.
ETF trading fees at XM are low
Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?
Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.
ETF selection at XM
Let's take a close look at the ETFs offered by XM. We want to see if their selection is good enough to meet the needs of different types of investors.
There are - ETFs available at XM, which is not a wide selection. This can make it more challenging to diversify your portfolio.
Since XM is a CFD/forex broker, remember that the ETFs you can trade there may actually be CFDs or 'contracts for difference', not the actual ETFs themselves. CFDs are way riskier than regular ETFs, so you'll want to avoid them unless you're an experienced trader who knows what they're doing. For most investors, it's better to stick with purchasing the real ETF products rather than the CFD versions if that option is available.
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71.61% of retail CFD accounts lose money
Check out XM in detail and browse top alternatives
Want the inside scoop on what it's really like to trade with XM? Be sure to read BrokerChooser's XM review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on XM instead of just marketing fluff.
XM is not the best option for trading ETFs; to find a better alternative, check out our top list of the best ETF brokers in your country.
Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- XM stock conditions explained
- Stock trading at XM: an expert guide and rating
- XM penny stocks trading conditions explained
- XM fractional shares trading conditions explained
- Are margin interest rates low at XM?
- XM cash interest rate
- XM Mexican stocks trading availability
- XM US stock trading details
- XM Australian stocks trading availability
- XM Canadian stocks trading availability
- XM Japanese stocks trading availability
- XM French stocks trading availability
- XM Italian stocks trading availability
- XM Swiss stocks trading availability
- XM Hong Kong stocks trading availability
- XM Dutch stocks trading availability
- XM Spanish stocks trading availability
- XM Singapore stocks trading availability
- XM Swedish stocks trading availability
- XM Norwegian stocks trading availability
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.
