XM vs XTB
XM and XTB side by side: costs, licences, platforms and scores.
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| Broker | XM | XTB |
|---|---|---|
| Overall score | 7.8 | 7.9 |
| Regulation | 7.8 | 8.2 |
| Costs | 7.4 | 7.5 |
| Platform | 7.8 | 8.4 |
| Education | 8.5 | 8.2 |
| Support | 7.6 | 7.0 |
| Cost per lot EUR/USD | €10.14 | €11.06 |
| Typical spread EUR/USD | 1.1 pip | 1.2 pip |
| Commission | None | None |
| Minimum deposit | €5 | None |
| Regulator | CySEC | CySEC |
| Platforms | MetaTrader 4, MetaTrader 5, Web trader, Proprietary | Web trader, Proprietary |
| Instruments | Forex, Indices, Commodities, Shares | Forex, Indices, Commodities, Shares, ETFs, Crypto |
| Customer service | 24/5 via chat, email and phone, in many languages | Weekdays via chat, phone and email; hours and languages depend on your country |
| Founded | 2009 | 2004 |
Which one suits you?
Best for: MetaTrader users starting with a small amount
XM is a Cyprus-based broker (CySEC) where you trade through MetaTrader 4, MetaTrader 5 or its own app. EU clients choose between an Ultra Low account without commission and a Zero account with tight spreads plus commission. Strong on education and analysis, narrower in instruments.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.3% of retail investor accounts lose money when trading CFDs with XM. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Best for: Traders who want a complete proprietary platform
XTB is a Polish, listed broker. You trade through its own xStation platform in more than 2,600 CFDs on forex, indices, commodities, shares, ETFs and crypto. No minimum deposit and no commission on forex, but no MetaTrader either.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with XTB. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.