| Feature | XM Trading | Markets.com | |
|---|---|---|---|
| Year Founded | 2009 | 2008 | |
| Regulatory Authorities | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), IFSC (Belize) | FCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), BVI FSC (British Virgin Islands) | |
| Minimum Deposit | $5 | $100 | |
| Maximum Leverage | Up to 1:888 | Up to 1:300 | |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Marketsx (proprietary platform) | |
| Number of Tradable Instruments | Over 1,000, including 55 forex pairs, CFDs on stocks, commodities, energies, precious metals, and indices | Over 8,000, including 65 forex pairs, CFDs on stocks, commodities, indices, ETFs, and bonds | |
| Account Types | Micro, Standard, XM Ultra Low, Shares | Single account type with platform-specific conditions | |
| Spreads | As low as 0.0 pips on XM Zero accounts; other accounts have higher spreads with no commission | Tight spreads, potentially lower on the proprietary Marketsx platform | |
| Commission Fees | XM Zero accounts have a small commission; other accounts are commission-free | Commissions may apply, varying by platform and account type | |
| Copy Trading | Available via XM Mirror Trader | Not available | |
| Demo Account | Yes, with $100,000 virtual funds | Yes, available for the Marketsx platform | |
| Deposit Methods | Credit/Debit Cards, Bank Wire Transfer, Electronic Payment Methods (e.g., Skrill, Neteller) | Credit/Debit Cards, Bank Wire Transfer, PayPal, Skrill, Neteller | |
| Withdrawal Methods | Same as deposit methods | Same as deposit methods | |
| Inactivity Fee | $5 monthly after 90 days of inactivity | Not specified | |
| Customer Support | 24/5 via live chat, email, and phone | 24/5 via live chat, email, and phone | |
| Educational Resources | Webinars, tutorials, market research | Webinars, tutorials, market analysis tools | |
| Promotions and Bonuses | Various bonuses and promotions, subject to regional regulations | Promotions may be available, subject to regional regulations | |
| Order Execution Type | Market execution, No Requotes | Market execution, No Requotes | |
| Execution Speed | Ultra-fast execution, typically under 1 second | High-speed execution, optimized for proprietary Marketsx platform | |
| Negative Balance Protection | Yes | Yes | |
| Trading Instruments Coverage | Forex, Stocks, Commodities, Indices, Cryptos, Energies, Precious Metals, Bonds | Forex, Stocks, Commodities, Indices, Cryptos, ETFs, Bonds, Thematic Investing | |
| Cryptocurrency Trading | Yes, as CFDs | Yes, as CFDs | |
| Fractional Share Trading | No | Yes | |
| Hedging & Scalping Allowed? | Yes | Yes | |
| Trailing Stop & Stop Loss | Available | Available | |
| Risk Management Tools | Stop loss, take profit, margin call alerts | Risk management tools, sentiment indicators, fundamental analysis tools | |
| Account Base Currencies | USD, EUR, GBP, JPY, AUD, CHF, HUF, PLN | USD, EUR, GBP, AUD, ZAR | |
| Islamic (Swap-Free) Accounts | Yes | Yes | |
| Social & Copy Trading Features | XM Mirror Trader, MQL5 Signals, Trading Community | Limited social trading features, no direct copy trading | |
| Advanced Trading Tools | Market Analysis, Forex Calculators, Trading Signals, MQL5 Integration | Technical analysis tools, Sentiment indicators, Fundamental analysis | |
| API Trading Support | Yes, via MetaTrader platforms | Limited API trading options | |
| Mobile Trading App | Yes, via MT4/MT5 apps | Yes, Marketsx and MetaTrader apps | |
| Web Trading Platform | Yes, XM WebTrader (MT4/MT5-based) | Yes, Marketsx WebTrader, MT4/MT5 Web | |
| Deposit Processing Time | Instant for most electronic methods | Instant for most electronic methods | |
| Withdrawal Processing Time | 24 hours for most methods | 1-3 business days | |
| Affiliate & Partnership Programs | Yes, multiple partnership programs | Yes, affiliate program available | |
| Advanced Charting Features | Customizable charts, indicators, EAs (Expert Advisors) | Advanced proprietary charting tools, sentiment-based trading | |
| Sentiment Analysis Tools | No | Yes, available on Marketsx | |
| Trading Signals & Research | Free daily technical & fundamental analysis, signals via MQL5 | Advanced insights, market intelligence tools | |
| Trading Contests | Occasionally offered | Not available | |
| Geographical Restrictions | Not available in the US and some restricted regions | Not available in the US and some restricted regions | |
| Retail Leverage | Up to 1:888 (regulated limits apply) | Up to 1:300 (regulated limits apply) | |
| Live Chat Support | Weekday | Weekday | |
| Phone Support | Yes | Yes | |
| Email Support | Yes | Yes | |
| Multilingual Support | Yes, available in multiple languages | Yes, available in multiple languages | |
| User Interface & Experience | Intuitive, MT4/MT5 standard design | Modern UI on Marketsx, MT4/MT5 standard otherwise | |
| Social Trading & Copy Trading | Yes, via XM Mirror Trader, MQL5 Signals | No built-in copy trading | |
| Demo Account | Yes, free $100,000 virtual funds | Yes, free demo available | |
| Deposit Bonus | Available (depending on region) | Rarely available | |
| Loyalty Program | Yes, includes trading rewards | No | |
| Trading Contests | Occasionally held | No | |
| Geographical Availability | Restricted Countries | US, Canada, North Korea, Iran, and other restricted jurisdictions | US, Canada, and other restricted jurisdictions |
| Minimum Deposit | $5 | $100 | |
| Deposit Methods | Bank Wire, Credit/Debit Cards, Skrill, Neteller, WebMoney | Bank Wire, Credit/Debit Cards, Skrill, Neteller, PayPal | |
| Withdrawal Methods | Same as deposit methods | Same as deposit methods | |
| Deposit Fees | No | No | |
| Withdrawal Fees | No for most methods | No for most methods | |
| Processing Time (Deposit) | Instant for most methods | Instant for most methods | |
| Processing Time (Withdrawal) | 24 hours for most methods | 1-3 business days |
XM Trading offers lower spreads, multiple account types, and strong MT4/MT5 support, making it ideal for automated and cost-efficient trading. Markets.com provides a proprietary platform, extensive research tools, and more asset variety, catering to traders seeking insights-driven investments.