Feature | XM Trading | XTB |
---|---|---|
Year Established | 2009 | 2002 |
Regulation | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), IFSC (Belize) | FCA (UK), CySEC (Cyprus), KNF (Poland), DFSA (Dubai), FSC (Belize) |
Minimum Deposit | $5 | $0 |
Maximum Leverage | 1:888 (Non-EU clients), 1:30 (EU clients) | 1:500 (Non-EU clients), 1:30 (EU clients) |
Trading Platforms | MetaTrader 4, MetaTrader 5 | xStation 5 |
Tradable Instruments | Forex, CFDs on indices, commodities, metals, stocks | Forex, CFDs on stocks, commodities, metals, cryptocurrencies, ETFs |
Number of Instruments | 1,000+ | 2,100+ |
Account Types | Micro, Standard, Ultra Low, Zero | Standard, Pro, Islamic |
Spreads on EUR/USD | From 0.6 pips (Ultra Low accounts), From 0 pips (Zero accounts, with commission) | From 0.1 pips |
Commission Rates | $3.5 per lot (Zero accounts) | $4 per lot (Pro accounts) |
Deposit & Withdrawal Fees | None | None |
Inactivity Fee | $5 per month after 90 days | $10 per month after 12 months |
Deposit Methods | Credit/Debit Cards, Bank Wire Transfer, Skrill, Neteller | Credit/Debit Cards, Bank Wire Transfer, PayPal, Skrill, Neteller |
Withdrawal Methods | Credit/Debit Cards, Bank Wire Transfer, Skrill, Neteller | Bank Wire Transfer, Skrill, Neteller |
Educational Resources | Webinars, Video Tutorials, Articles | Webinars, Video Tutorials, Articles |
Customer Support | 24/5 via Live Chat, Email, Phone | 24/5 via Live Chat, Email, Phone |
Demo Account | Yes | Yes |
Islamic Account | Yes | Yes |
Mobile Trading App | Yes (iOS and Android) | Yes (iOS and Android) |
Social/Copy Trading | Yes | No |
Automated Trading | Yes (via MetaTrader EAs) | Yes (via xStation) |
VPS Service | Yes | No |
Negative Balance Protection | Yes | Yes |
Promotions/Bonuses | Deposit bonuses up to $5,000 (Not available for EU clients) | Welcome bonus for non-EU clients, Cashback (rebate) program for active traders |
Languages Supported | Multiple, including English, Spanish, French, German, Chinese | Multiple, including English, Spanish, French, German, Chinese |
Market Execution Speed | ~1 second on average | ~85 milliseconds |
Scalping Allowed | Yes | Yes |
Hedging Allowed | Yes | Yes |
Stop-Loss Protection | Yes, with guaranteed stop-loss orders available | Yes, but no guaranteed stop-loss orders |
Trailing Stop Orders | Yes | Yes |
One-Click Trading | Yes | Yes |
Custom Indicators | Yes (via MetaTrader) | Yes (via xStation) |
Charting Tools | 30+ built-in indicators and drawing tools (MetaTrader) | 37+ built-in indicators and drawing tools (xStation) |
Depth of Market (DOM) | Available on MT5 | Available on xStation |
Tick Chart Trading | No | Yes |
Sentiment Analysis Tool | No | Yes |
Market News Integration | Yes (via MetaTrader and website) | Yes (via xStation and website) |
Economic Calendar | Yes | Yes |
Asset Management Services | No | Yes (XTB Invest for stocks and ETFs) |
Cryptocurrency Trading | No (Only crypto CFDs) | Yes (Crypto CFDs and real crypto in some regions) |
ETF Trading | No | Yes |
Fractional Share Trading | No | Yes |
DMA (Direct Market Access) | No | No |
Trading Contests & Rewards | Yes, periodic competitions for traders | No |
Account Verification Time | Typically within 24 hours | Typically within 24 hours |
VIP or Premium Account Options | No | Yes (Lower spreads, personal account manager for VIP clients) |
Dedicated Account Manager | Yes (For higher-tier accounts) | Yes (For higher-tier accounts) |
Withdrawal Processing Time | 24 hours for most methods | Same-day for most methods |
Publicly Traded Company? | No | Yes (Listed on Warsaw Stock Exchange) |
Regulatory Fines in History | No major fines reported | In 2021, FCA fined XTB for failing to disclose some order execution practices |
AI-Powered Trading Tools | No | No |
Cloud-Based Trading | No | No |
Trading Community/Forum | No | No |
Supported API Trading | Yes (via MetaTrader) | Yes (via xStation) |
Risk Management Tools | Standard risk management tools (stop loss, take profit, margin call) | Advanced risk management tools, including trading calculator and risk-per-trade features |
Leverage Adjustability | Yes | Yes |
Best For | Beginner to intermediate traders who prefer MetaTrader | Intermediate to advanced traders who want a feature-rich proprietary platform |
Swap-Free (Islamic) Accounts Available | Yes | Yes |
Micro Lot Trading | Yes (Available on Micro Account) | Yes |
Maximum Order Limit per Account | 200 positions | Unlimited |
Order Execution Model | Market Execution | Market Execution |
Fixed Spreads Option | No (Only variable spreads) | No (Only variable spreads) |
Guaranteed Stop-Loss Orders | No | No |
Slippage Protection | No | No |
Margin Call Level | 50% | 50% |
Stop-Out Level | 20% | 30% |
Margin for Hedged Positions | 50% | 50% |
Trade Size Minimum | 0.01 lots (Micro Lots) | 0.01 lots |
Trade Size Maximum | 50 lots | 100 lots |
Market Order Types Supported | Market, Limit, Stop, Trailing Stop | Market, Limit, Stop, Trailing Stop |
News Trading Allowed | Yes | Yes |
Breakout Trading Allowed | Yes | Yes |
Grid Trading Allowed | Yes | Yes |
Rebate Programs | Yes (For high-volume traders) | Yes (For active traders) |
VIP Access to Market Research | Yes, for higher-tier accounts | Yes, for VIP clients |
Broker-assisted Trading | No | No |
Partnership/Affiliate Program | Yes (Affiliate and Introducing Broker programs) | Yes (Affiliate and Introducing Broker programs) |
Multilingual Support | Yes (30+ languages) | Yes (15+ languages) |
Dedicated Learning Academy | Yes (Webinars, seminars, and video lessons) | Yes (xStation Academy with interactive courses) |
Trading Signals | Yes (via MetaTrader and third-party services) | Yes (via in-house research team) |
Third-Party Integrations | Yes (MetaTrader plugins, EA integrations) | Limited (xStation proprietary) |
Account Base Currencies Available | USD, EUR, GBP, JPY, AUD, CHF, HUF, PLN, RUB, SGD, ZAR | USD, EUR, GBP, PLN |
Copy Trading Platform | Yes (via MetaTrader signals) | No |
Referral Bonus Program | Yes | No |
Cryptocurrency Deposits & Withdrawals | No | No |
Dedicated WebTrader Platform | No (Uses MT4/MT5 WebTrader) | Yes (xStation Web) |
Weekend Trading Availability | No | Limited (Crypto CFDs only) |
Affiliate Commission Structure | CPA, Revenue Share, Hybrid | CPA, Revenue Share, Hybrid |
Withdrawal Fees for Bank Wire | No | No (But may depend on region) |
Segregated Client Funds | Yes | Yes |
Investor Compensation Fund Protection | Yes (Depending on region) | Yes (Depending on region) |
Two-Factor Authentication (2FA) | Yes (Via MetaTrader and Client Portal) | Yes (Via xStation and Client Portal) |
MT4 & MT5 Backtesting Features | Yes (Full Strategy Tester) | No (xStation has basic backtesting tools) |
Platform Customization Flexibility | High (MetaTrader allows script editing) | Limited (xStation is proprietary) |
Price Alerts and Notifications | Yes | Yes |
User Interface Simplicity | Moderate (MetaTrader has a learning curve) | High (xStation is user-friendly) |
Data Security and Encryption | SSL Encryption | SSL Encryption |
Regulatory Compliance Transparency | High | High |
Public Trust and Reputation | High (Well-established with no major controversies) | High (Publicly traded but faced regulatory scrutiny in the past) |
XM Trading is ideal for traders preferring MetaTrader, offering micro lot trading, copy trading, and flexible accounts, while XTB provides a fast, intuitive proprietary platform with superior execution speed and advanced tools for experienced traders.