Feature | XM Trading | Alpari |
---|---|---|
Established | 2009 | 1998 |
Regulation | ASIC, CySEC, FCA | Not regulated |
Minimum Deposit | $5 | $1 |
Maximum Leverage | 0.38888888888889 | 0.73611111111111 |
Trading Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
Tradable Instruments | Forex, CFDs, Commodities, Indices, Stocks, Cryptocurrencies | Forex, CFDs, Commodities, Indices |
Account Types | Micro, Standard, XM Ultra Low, Shares | Standard, Micro, ECN, PAMM |
Spreads | Variable, starting from 0.6 pips | Variable, starting from 0.4 pips |
Commission | None on most accounts | None on most accounts |
Deposit & Withdrawal Methods | Credit/Debit Cards, Bank Wire, Skrill, Neteller, WebMoney, UnionPay, FasaPay, Perfect Money | Credit/Debit Cards, Bank Wire, Skrill, Neteller, WebMoney, UnionPay, FasaPay, Perfect Money, Crypto |
Educational Resources | Webinars, Video Tutorials, Live Trading Sessions, Podcasts | Webinars, Articles, Tutorials |
Customer Support | 24/5 via Email, Phone, Live Chat | 24/5 via Email, Phone, Live Chat |
Promotions & Bonuses | 50% + 20% Deposit Bonus, Loyalty Program | Up to 20% Cashback through Loyalty Program |
Mobile Trading | Available on iOS and Android | Available on iOS and Android |
Demo Account | Yes | Yes |
Islamic Account | Yes | Yes |
Social/Copy Trading | Yes | No |
VPS Service | Free VPS for eligible clients | Available |
Languages Supported | Multiple including English, Arabic, Spanish, French, German, Chinese | Multiple including English, Arabic, Spanish, Russian, Chinese |
Inactivity Fee | Yes, $5 after 90 days of inactivity | Yes, $5 after 6 months of inactivity |
Negative Balance Protection | Yes | Not specified |
Order Execution Speed | 99.35% of orders executed in less than 1 second | Not specified |
Number of Tradable Instruments | Over 1,000 | Over 900 |
Cryptocurrency Trading | Yes | Yes |
PAMM Accounts | No | Yes |
Social/Copy Trading | Yes | No |
VPS Service | Free VPS for eligible clients | Available |
Languages Supported | Multiple including English, Arabic, Spanish, French, German, Chinese | Multiple including English, Arabic, Spanish, Russian, Chinese |
Order Execution Type | Market Execution | Market Execution |
Scalping Allowed | Yes | Yes |
Hedging Allowed | Yes | Yes |
Automated Trading | Supported via EAs on MT4/MT5 | Supported via EAs on MT4/MT5 |
Deposit Fees | None | None |
Withdrawal Fees | None | Varies by method |
Account Base Currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | USD, EUR, GBP, NGN |
Segregated Accounts | Yes | Yes |
PAMM/MAM Accounts | No | Yes |
Affiliate Program | Yes | Yes |
Trading Contests | Yes, for demo accounts | Yes, for live accounts |
Research Tools | Daily Market Analysis, Economic Calendar, Trading Signals | Market Analysis, Economic Calendar |
Platform Languages | Multiple including English, Arabic, Chinese, Japanese | Multiple including English, Arabic, Chinese, Russian |
Spread Types | Variable | Variable |
Stop-Out Level | 20% | 20% |
Requote Policy | No requotes | No requotes |
Order Types | Market, Limit, Stop, Trailing Stop | Market, Limit, Stop, Trailing Stop |
News Feed Integration | Yes | Yes |
Trading Central Integration | Yes | No |
One-Click Trading | Yes | Yes |
Custom Indicators | Supported | Supported |
Charting Tools | Advanced with multiple timeframes and indicators | Advanced with multiple timeframes and indicators |
API Trading | No | No |
Funds Security | Segregated client funds, Negative balance protection | Segregated client funds |
Regulatory Bodies | ASIC, CySEC, FCA | FSA (Seychelles), SVGFSA (St. Vincent and the Grenadines) |
Company Foundation Year | 2009 | 1998 |
Headquarters | Cyprus | Mauritius |
Client Support Languages | Multiple including English, Arabic, Chinese, Japanese | Multiple including English, Arabic, Chinese, Russian |
Website Languages | Multiple including English, Arabic, Chinese, Japanese | Multiple including English, Arabic, Chinese, Russian |
Account Verification Time | Typically within 24 hours | Typically within 24 hours |
Swap-Free Accounts | Yes, Islamic accounts available | Yes, Islamic accounts available |
Margin Call Level | 50% | 50% |
Available Cryptocurrencies | Bitcoin, Ethereum, Ripple, Litecoin, Dash | Bitcoin, Ethereum, Litecoin, Zcash, Tether |
CFD Trading | Yes, on various instruments | Yes, on various instruments |
Stock CFDs | Yes, over 1,000 stocks | Yes, over 600 stocks |
Commodity CFDs | Yes, including gold, silver, oil | Yes, including gold, silver, oil |
Index CFDs | Yes, multiple global indices | Yes, multiple global indices |
Minimum Trade Size | 0.01 lots | 0.01 lots |
Maximum Trade Size | 50 lots per trade | 100 lots per trade |
Number of Account Types | 4 | 4 |
Demo Account Expiry | 30 days of inactivity | 30 days of inactivity |
Deposit Processing Time | Instant for most methods | Instant for most methods |
Withdrawal Processing Time | 24 hours | 24 hours |
Trading Instruments Total | Over 1,000 | Over 250 |
Cryptocurrency Pairs | 5 | 4 |
Forex Pairs | 57 | 46 |
Commodities Offered | Gold, Silver, Oil | Gold, Silver, Oil |
Indices Offered | 14 | 20 |
Shares Offered | Over 1,000 | Over 600 |
Languages Supported on Platform | Multiple including English, Arabic, Chinese, Japanese | Multiple including English, Arabic, Chinese, Russian |
Customer Support Availability | 24-May | 24-May |
Contact Methods | Email, Phone, Live Chat | Email, Phone, Live Chat |
Educational Materials | Webinars, Video Tutorials, Live Trading Sessions, Podcasts | Webinars, Articles, Tutorials |
VPS Hosting | Free for eligible clients | Available |
Mobile Trading Platforms | iOS, Android | iOS, Android |
Desktop Trading Platforms | Windows, Mac | Windows, Mac |
Web Trading Platform | Yes | Yes |
Platform Customization | Yes | Yes |
Automated Trading Support | Yes | Yes |
Copy Trading | Yes | No |
Social Trading | Yes | No |
Trading Tools | Economic Calendar, Trading Signals, Market Analysis | Economic Calendar, Market Analysis |
Account Funding Methods | Credit/Debit Cards, Bank Wire, E-wallets | Credit/Debit Cards, Bank Wire, E-wallets, Cryptocurrencies |
Withdrawal Methods | Credit/Debit Cards, Bank Wire, E-wallets | Credit/Debit Cards, Bank Wire, E-wallets, Cryptocurrencies |
Bonus Programs | Deposit Bonus, Loyalty Program | Cashback Program |
Regulatory Status | Regulated | Not regulated |
Negative Balance Protection | Yes | Not specified |
Segregated Client Funds | Yes | Yes |
Investor Compensation Fund | Yes | No |
Order Execution Speed | 99.35% under 1 second | Not specified |
Slippage Policy | Minimal slippage | Not specified |
XM Trading offers tighter spreads, robust regulation, and extensive trading tools, while Alpari provides higher leverage, PAMM accounts, and cryptocurrency funding options. XM is better regulated, whereas Alpari offers more flexible account types.