| Feature | XM Trading | FXTM |
|---|---|---|
| Year Established | 2009 | 2011 |
| Regulatory Authorities | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FCA (UK), FSCA (South Africa) | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius) |
| Minimum Deposit | $5 | $10 |
| Maximum Leverage | Up to 1:1000 (varies by region and account type) | Up to 1:2000 (varies by region and account type) |
| Account Types | Micro, Standard, Ultra Low, Zero | Micro, Advantage, Advantage Plus |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), FXTM Trader App |
| Tradable Instruments | Forex, Commodities, Indices, Stocks, Metals, Energies | Forex, Commodities, Indices, Stocks, Metals, Cryptocurrencies |
| Spreads | From 0.6 pips on Ultra Low accounts | From 0.0 pips on Advantage accounts |
| Commission Fees | Zero accounts: $3.5 per lot per side; other accounts: commission-free | Advantage accounts: $0.80–$4 per lot; Advantage Plus: commission-free |
| Deposit & Withdrawal Fees | No deposit or withdrawal fees | Withdrawal fees may apply, e.g., $3 for bank cards |
| Inactivity Fee | $5 monthly after 90 days of inactivity | $5 monthly after 6 months of inactivity |
| Customer Support | 24/5 via live chat, email, phone | 24/5 via live chat, email, phone |
| Educational Resources | Webinars, seminars, tutorials, research tools | Webinars, seminars, tutorials, research tools |
| Promotions & Bonuses | Up to $5,000 deposit bonus, loyalty programs | Cashback rebates, refer-a-friend program |
| Accepted Countries | Not available in the United States | Not available in the United States |
| Order Execution Speed | Average execution time <1 second | Ultra-fast execution, averaging milliseconds |
| Slippage Protection | No re-quotes, minimal slippage | No re-quotes, variable slippage possible |
| Hedging & Scalping Allowed | Yes, both allowed | Yes, both allowed |
| Islamic (Swap-Free) Accounts | Available for all account types | Available for selected account types |
| Negative Balance Protection | Yes, provided across all accounts | Yes, provided across all accounts |
| Account Currency Options | USD, EUR, GBP, JPY, AUD, and more | USD, EUR, GBP, NGN, and more |
| Deposit Methods | Bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, Bitcoin (varies by region) | Bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, Local Payment Methods (varies by region) |
| Withdrawal Processing Time | Instant to 24 hours for most methods | 24 hours for most methods |
| Trading Hours | 24/5 for Forex and other instruments, 24/7 for cryptocurrencies (if applicable) | 24/5 for Forex and other instruments, 24/7 for cryptocurrencies |
| Mobile Trading App | No proprietary app, uses MT4/MT5 mobile apps | FXTM Trader App + MT4/MT5 mobile apps |
| Social & Copy Trading | No in-house copy trading, but supports MetaTrader signals | FXTM Invest (dedicated copy trading service) |
| Automated Trading (EAs) | Supported on MT4 & MT5 | Supported on MT4 & MT5 |
| Algorithmic Trading | Available via Expert Advisors (EAs) | Available via Expert Advisors (EAs) |
| VIP & Premium Account Services | Yes, dedicated support and benefits for high-volume traders | Yes, offers VIP programs with lower spreads and priority support |
| Market Analysis & Research | Daily market updates, fundamental & technical analysis | Daily market reports, economic calendar, trading insights |
| Web-Based Trading | Yes, via XM WebTrader | Yes, via FXTM WebTrader |
| Spreads on Major Pairs (EUR/USD) | As low as 0.6 pips (Standard), 0.0 pips (Zero account) | As low as 0.0 pips (Advantage account) |
| Deposit Bonus & Promotions | Up to $5,000 deposit bonus, trading competitions | Cashback programs, occasional deposit bonuses |
| Regulatory Compliance & Investor Protection | Segregated client funds, licensed in multiple jurisdictions | Segregated client funds, regulated under multiple authorities |
| Trading Instruments Count | 1,000+ instruments | 250+ instruments |
| Cryptocurrency Trading | Limited (depending on regulation) | Available (Bitcoin, Ethereum, Litecoin, etc.) |
| Index Trading | Yes, major and minor indices | Yes, wide range of global indices |
| Stock Trading | Available via CFDs (shares from US, UK, Europe) | Available via CFDs (US, UK, Europe, Asia) |
| Commodity Trading | Metals, energies, agriculture | Metals, energies, soft commodities |
| ETF Trading | Limited ETF CFDs | Available ETF CFDs |
| Bond Trading | No | Yes |
| Fractional Shares Trading | No | No |
| DMA (Direct Market Access) | No, operates as a market maker | No, operates as an STP/ECN broker |
| Order Execution Model | Market Maker, STP | STP, ECN (Advantage Account) |
| Depth of Market (DOM) | Not available | Available in ECN accounts |
| Guaranteed Stop-Loss | Not guaranteed | Not guaranteed |
| One-Click Trading | Yes | Yes |
| Custom Indicators & Scripts | Allowed on MT4/MT5 | Allowed on MT4/MT5 |
| VPS Hosting for Algo Traders | Yes, free for eligible traders | Yes, free for eligible traders |
| Minimum Lot Size | 0.01 lots | 0.01 lots |
| Maximum Open Orders | 200 positions | No specific limit |
| Trailing Stops | Yes | Yes |
| Pending Orders | Yes (Limit, Stop, OCO, etc.) | Yes (Limit, Stop, OCO, etc.) |
| News Trading Allowed | Yes | Yes |
| Lot Size for Professional Traders | 100 standard lots per trade (varies by account) | 100 standard lots per trade (varies by account) |
| Margin Call & Stop-Out Level | 50% Margin Call, 20% Stop-Out | 80% Margin Call, 50% Stop-Out |
| Swap Fees on Overnight Positions | Yes, varies by instrument | Yes, varies by instrument |
| High-Frequency Trading (HFT) Allowed | Yes | Yes |
| Institutional Trading Services | No dedicated institutional services | No dedicated institutional services |
| Rebate & Cashback Programs | Yes, via loyalty program | Yes, available for active traders |
| Trading Competitions | Yes, occasional | Yes, occasional |
| Affiliate & IB Programs | Yes, partnership programs available | Yes, partnership programs available |
| Multilingual Support | Available in 30+ languages | Available in 20+ languages |
| Local Office Presence | Yes, in selected regions | Yes, in selected regions |
| Social Media Presence & Updates | Active on YouTube, Facebook, Twitter | Active on YouTube, Facebook, Twitter |
| Risk Management Tools | Negative Balance Protection, Margin Call Alerts | Negative Balance Protection, Risk Management Alerts |
| Trading Signals & Indicators | Yes, free signals for clients | Yes, FXTM trading signals |
| Market Sentiment Analysis | Available for major assets | Available for major assets |
| AI or Machine Learning-Based Features | No AI-driven tools | No AI-driven tools |
XM Trading offers a wider range of tradable assets and lower stop-out levels, while FXTM excels in ECN trading, crypto availability, and copy trading features. Both brokers support algorithmic trading, VPS hosting, and multilingual customer support.