XTB VS XM Comparison in 2024

In this article we are going to list in a comparative table the differences between XTB Broker and XM Broker.

XTB broker started its activity in 2002 (under the name X-Trade Brokers). It started in Poland and has expanded internationally. It currently has offices in 14 countries and clients all over the world. It has important regulations, such as the UK FCA, and offers a versatile portfolio of services with more than 6100 financial instruments to invest in and its own comprehensive xStation trading platform.

XM is a Forex and CFD broker offering a wide range of financial instruments for trading, including over 55 currency pairs, indices, precious metals and energies. XM clients can trade on trading platforms such as MetaTrader 4 and Metatrader 5 and have access to a free demo account to practice their skills. The broker is regulated by several international financial authorities. In addition, XM offers a wide range of promotions for traders (not available for European clients).

Here is a comparison of both brokers:

XTB	XM
SELECT BROKER
Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB	Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB
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Go to XTB	Go to XM
Name
XTB	XM
Trustpilot Rating
3,9 / 5	2,9 / 5
Regulation
FCA, FSC, CySEC, KNF, DFSA	CySEC, ASIC, FSC
Established since
2002	2009
Headquarters
London, United Kingdom	Limassol (Cyprus), Sydney (Australia) and Belize.
Execution Type
Market Maker	Market Maker
Min Deposit
0 $	5 € / $
Max Leverage
1:500	1:30
Trading Platforms
Proprietary Webtrader (xStation 5), Mobile Versions (iOS and Android)	MetaTrader 4, MetaTrader 5, Webtrader MT4 MT5, Mobile Versions (MT4, MT5)
IOS APP
ANDROID APP
WEB
GO TO XTB	GO TO XM
EUR/USD Spread
Spreads from 0.1 pips.	From 0.6 pips on Ultra Low Micro and Ultra Low Standard accounts and from 0 pips (with commission) on XM Zero account.
Minimum Size
0.01 Lots	0.01 Lots
Payment Methods
Funding methods vary according to the resident country of the client.Examples: Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), Neteller	Credit and Debit Cards, Bank Wire Transfer, Skrill (MoneyBookers), Neteller
Demo Account
Islamic Account
Social Trading
Scalping
Hedging
Algorithmic trading
VPS
Financial Intruments
Over 6100: Forex, indices, commodities, stocks, ETFs and cryptocurrencies.	More than 1000: Wide range of Forex currency pairs. Also commodities, precious metals, indices and stocks.
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Go to XTB	Go to XM
Pros
More than 6,100 financial instruments to trade. Excellent customer support and free training resources. Fast and intuitive xStation platform for all types of traders.	Good customer service. Low spreads from 0.6 pips in Ultra Low accounts and from 0 pips in Zero accounts (with commission per lot traded). Free demo account, customizable balance and unlimited usage time.
Cons
Does not offer MetaTrader 4 or MetaTrader 5. Only its own trading platform. Demo account limited to 30 days of use. Not valid for automatic trading or copy trading.	More limited offer of instruments than other brokers, especially in terms of cryptocurrencies. It is not possible to trade shares on XM if we choose the MetaTrader 4 platform. Not suitable for social trading.
Offer
VISIT BROKER (*) 76%-85% of retail investors lose money when trading CFDs with this broker. Excellent customer support.	VISIT BROKER (*) Between 74-89 % of retail investor accounts lose money when trading CFDs. Good customer support and low spreads.