Feature | XM Trading | FXGT.com |
---|---|---|
Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities & Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Conduct Authority (FCA), International Financial Services Commission (IFSC) | Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA) in South Africa, Vanuatu Financial Services Commission (VFSC) |
Trading Instruments | CFDs on Stocks, Commodities, Cryptocurrencies, Forex, Indices, Stocks | Forex, Stocks, Cryptocurrencies, Indices, Commodities |
Maximum Leverage | Up to 1:1000 (Note: No leverage available for Shares account) | Up to 1:1000 |
Account Currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | BTC, ETH, USDT, ADA, XRP, EUR, USD |
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Payment Methods | Bank Transfer, Credit/Debit Card, Neteller, Skrill, UnionPay, WebMoney, XM Card, M-Pesa | Bank Wire, Credit/Debit Card, SticPay, Bitwallet |
Minimum Deposit | $5 | $5 |
Spreads | From 0.6 pips on EUR/USD | From 1 pip on EUR/USD |
Commission | Zero commissions on most accounts; XM Zero account has commissions with spreads from 0.0 pips | Commissions apply on ECN accounts: $6 per round turn for Forex, $5 for precious metals, 0.1% for cryptocurrencies |
Account Types | Micro, Standard, XM Ultra Low, Shares | Mini, Standard+, Pro, ECN |
Islamic Accounts | Available | Available |
Demo Accounts | Available | Available |
Educational Resources | Extensive, including webinars, tutorials, and real-time trading sessions | Limited, primarily glossaries and eBooks |
Customer Support | 24/5 support in multiple languages | Multilingual support via live chat, hotline, email |
Inactivity Fee | $15 after 12 months of inactivity, plus $5 monthly thereafter | $10 per month after 90 days of inactivity |
Negative Balance Protection | Yes | Yes |
Segregated Client Funds | Yes | Yes |
Investor Compensation Fund Member | Yes | Yes |
Order Execution Speed | 99.35% of orders executed in less than 1 second | Execution speed under 12 milliseconds |
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Trading Central | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, FxPro Edge, AutoChartist, Trading Central, DupliTrade, Quantower |
Mobile Trading Support | Yes | Yes |
Mac Device Support | Yes | Yes |
Available Trading Markets | Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | Forex, Stocks, Cryptocurrencies, Indices, Commodities |
Account Currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | BTC, ETH, USDT, ADA, XRP, EUR, USD |
Demo Account | Yes | Yes |
Islamic Account | Yes | Yes |
Negative Balance Protection | Yes | Yes |
Segregated Client Funds | Yes | Yes |
Investor Compensation Fund Member | Yes | Yes |
Inactivity Fee | $15 after 12 months of inactivity, plus $5 monthly thereafter | $10 per month after 90 days of inactivity |
Customer Support | 24/5 support in multiple languages | Multilingual support via live chat, hotline, email |
Educational Resources | Extensive, including webinars, tutorials, and real-time trading sessions | Limited, primarily glossaries and eBooks |
Order Execution Model | No Dealing Desk (NDD) | No Dealing Desk (NDD) |
Copy Trading | Not available | Available via DupliTrade |
VPS Hosting | Not specified | Available for automated trading |
Regulatory Authorities | Cyprus Securities and Exchange Commission (CySEC), Australian Securities & Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Conduct Authority (FCA), International Financial Services Commission (IFSC) | Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA) in South Africa, Vanuatu Financial Services Commission (VFSC) |
Order Execution Speed | 99.35% of orders executed in less than 1 second | Execution speed under 12 milliseconds |
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Trading Central | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, FxPro Edge, AutoChartist, Trading Central, DupliTrade, Quantower |
Mobile Trading Support | Yes | Yes |
Mac Device Support | Yes | Yes |
Available Trading Markets | Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | Forex, Stocks, Cryptocurrencies, Indices, Commodities |
Account Currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR | BTC, ETH, USDT, ADA, XRP, EUR, USD |
Demo Account | Yes | Yes |
Islamic Account | Yes | Yes |
Negative Balance Protection | Yes | Yes |
Segregated Client Funds | Yes | Yes |
Investor Compensation Fund Member | Yes | Yes |
Inactivity Fee | $15 after 12 months of inactivity, plus $5 monthly thereafter | $10 per month after 90 days of inactivity |
Customer Support | 24/5 support in multiple languages | Multilingual support via live chat, hotline, email |
Educational Resources | Extensive, including webinars, tutorials, and real-time trading sessions | Limited, primarily glossaries and eBooks |
Order Execution Model | No Dealing Desk (NDD) | No Dealing Desk (NDD) |
Copy Trading | Not available | Available via DupliTrade |
VPS Hosting | Not specified | Available for automated trading |
Regulatory Authorities | Cyprus Securities and Exchange Commission (CySEC), Australian Securities & Investments Commission (ASIC), Dubai Financial Services Authority (DFSA), Financial Conduct Authority (FCA), International Financial Services Commission (IFSC) | Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA) in South Africa, Vanuatu Financial Services Commission (VFSC) |
XM Trading offers a diverse range of trading instruments, lower spreads, and extensive educational resources, while FXGT.com provides a wider variety of account currencies, better copy trading options, and faster execution speeds. Both brokers offer competitive leverage, multiple platforms, and strong regulatory oversight.