English 
Broker comparison between FOREX.com vs XM
Do you want to figure out which is the better broker, forex-com or xm?
In the following table, you can compare the features of forex-com and xm side by side to determine the best fit for your trading needs.
Wikifx rating
Basic Information
Benchmark
Account
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction.
2.Does forex-com or xm have a lower transaction costs and fees?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we believe that forex-com and xm are both reliable. We analyze the reasons as following:
Forex broker introduction
forex-com
General Information & Regulation
FOREX.com is the leading global retail online trading brand of Gain Capital, owned by NASDAQ-listed StoneX Group Inc. Founded in 1999, this company has developed into a global leader in online trading and operates through its regulated subsidiaries in seven major financial jurisdictions around the world, including the Financial Conduct Authority (FCA), the Commodity Futures Commission (CFTC), the American National Futures Association (NFA), the Australian Securities and Investments Commission (ASIC), and the Japan Financial Services Authority (FSA). Financial Services Authority (FSA), Monetary Authority of Singapore (MAS), and Cayman Islands Monetary Authority (CIMA). The company is currently regulated by two of the world's leading primary regulators, with credible security.
Market Instruments
The highly competitive quotes and quality trade execution of the Karson trading platform allow investors to trade over 180 products, more than 80 foreign exchange, 220 stocks, crude oil, commodities, gold, silver, stock indices, and other trading products. Popular OTC products are also offered including Gold/USD, EUR/USD, GBP/USD, CNH, Crude Oil Futures, Tesla, Alibaba, Tencent, Hong Kong Hang Seng Index, and Wall Street Dow Jones Index.
Minimum Deposit
FOREX.com's account types include MT4 accounts, MT5 accounts, and this company's exclusive accounts. The minimum deposit to open an account is $100, and this broker advises to have at least 1000 units of traders' account currecy.
FOREX.com Leverage
The default leverage for MT4 and MT5 accounts is 1:200, with 50, 100, and 400 times' leverage available. The default leverage for the company's exclusive accounts is 1:200, and the leverage of 1:400 is also available.
Spreads & Commissions
There are no commissions for Forex tradings, and the company only charges spreads. The main spreads for Forex products are 1.5 pips for EUR/USD, 1.6pips for GBP/USD, and 1.5 for AUD/USD, with spreads as low as 0.035 for gold and 0.35 for silver. The lowest spread for commodity futures (crude oil) is 0.04 pips, and the lowest spread for spot commodities is about 1.5 pips off the market price. The lowest spread for OTC stock indices trading is 1 pip, and the lowest spread for OTC stock trading is also 1 pip. SWAPs are calculated based on 10,000 positions and are denominated in U.S. dollars. SWAPs are executed at 5:00 p.m. EST and any positions held at that time are included in the SWAP calculation.
Trading Platform Applied
Karson Group offers investors the world's most advanced and popularly-used MT4 and MT5 platforms, as well as FOREX.com's exclusive trading platforms. The exclusive trading platform offers powerful tools for sophisticated traders who require sophisticated trading functionality and analytical tools, including powerful charting tools, a wide range of technical indicators, various charting tools, advanced analytical tools, and support for desktop, web, and mobile versions. FOREX.com's Metatrader platform is optimized to support all Expert Advisors (EA). Easily integrate traders' EAs into the company's platform and be free from third-party transitions or automatic synchronization.
Deposit & Withdrawal
This company welcomes deposit and withdrawal by the method of bank wire and credit card/ debit card. There are no fees for credit/debit card withdrawals, while wire transfers in USD may be subject to some bank charges. The company will process the withdrawal request within two business days and credit the client's receiving bank, depending on the bank's processing speed.
xm
Basic Information & Regulators of XM
Founded in 2009, XM has grown to become a globally recognized broker with over 600 professionals who have been working in the financial sector for many years, serving over 5,000,000 clients from 196 countries and regions. XM is currently regulated by the Financial Services Commission of Belize (Regulation No. 000261/158), the Cyprus Securities and Exchange Commission (Regulation No. 000261/106), and the International Financial Services Commission (Regulation No. 000261/106). XM is currently regulated by the International Financial Services Commission of Belize (Regulation No. 000261/106), the Securities and Exchange Commission of Cyprus (Regulation No. 120/10), the Australian Securities and Investments Commission (Regulation No. 443670), and the Dubai Financial Services Authority (Regulation No. F003484).
Safety Analysis of XM
The trader holds several mainstream regulatory licenses. All users of the company enjoy a negative balance protection policy so that users will not be exposed to the risk of losing more than their account balance. Besides, the company does not charge any fees for deposit and withdrawal.
Market Instruments of XM
XM provides investors with access to the most popular and mainstream financial tradable instruments in the financial markets, with over 1000 instruments in 6 asset classes, mainly Forex (55 currency pairs, including major, cross-currency pairs, and non-mainstream currency pairs), commodities, stock indices, precious metals (Gold and Silver), energies, and stocks.
Leverage & Account of XM
To meet different traders' trading experience and needs, XM has set up four different account types: Micro (minimum deposit of $5), Standard (minimum deposit of $5), Ultra Low Spread (minimum deposit of $50), and Stock (minimum deposit of $10,000). The leverage settings for Mini, Standard and Super Spread accounts are: $5-$20,000 for 1:1 to 1:888 leverage, $20001-$100,000 for 1:1 to 1:200 , and greater than $100,000 for 1:1 to 1:100. Stock accounts are not available for leverage.
Spreads & Commission Fees of XM
The spreads on standard accounts start from 1.6 pips for EURUSD, 1.8 pips for EURGBP, 0.3 pips for Gold, and 0.03 pips for Silver. The spreads on the Micro account start from 1.6 pips for EURUSD, 1.8 pips for EURGBP, 0.3 pips for Gold, and 0.03 pips for Silver. The spreads on the Ultra Low Spreads account start from 0.7 pips for EURGBP, 0.06 pips for EURUSD, 0.2 pips for Gold, and 0.022 pips for Silver. The spreads on Ultra-Low Spread Mini accounts start from 0.7 pips on EURGBP, 0.6 pips on EURUSD, 0.2 pips on Gold, and 0.022 pips on Silver. No commission is charged for Mini, Standard, and Ultra-Low Spread accounts. Stock trading commission: 4% per transaction for all US stocks (minimum $1 commission per trade), 0.10% per transaction for all UK stocks (minimum $9 per trade), 0.10% per transaction for all German stocks (minimum $5 per trade).
Trading Platform Applied
XM provides traders with the market-leading and highly acclaimed MT4 and MT5 trading platforms available for PC, Mac, mobile (iPad, Android, iPhone), web, and multi-terminal.
Deposit & Withdrawal
XM welcomes credit cards, electronic payments (Skrill, NETELLER), local bank transfers, etc. The broker does not charge any service fee for deposits or withdrawals.
Does forex-com or xm have a lower transaction costs and fees?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive forex-com and xm are, we first considered common fees for standard accounts. On forex-com, the average spread for the EUR/USD currency pair is Depends on the trading commodity pips, while on xm the spread is as low as 1.
Which broker is safer, forex-com or xm?
To determine the safety of a forex brokers, our experts take various factors into consideration in a multi-dimensional manner. This includes which regulatory licenses the forex trader holds and how reputable those licenses are. We also consider the history of a forex dealer, as long-standing dealers are usually more reliable and trustworthy than newer start-ups. forex-com is regulated by ASIC,FCA,FSA,NFA,IIROC,CIMA,MAS. xm is regulated by ASIC,CYSEC,FSC,FSA,DFSA.
Which broker provides better trading platform, forex-com or xm?
When our experts review a broker, they usually open real trading accounts and trade through the broker's trading platform. This gives us a better overall assessment of the quality of the platform, the ease of use and the features it offers. forex-com Available trading platforms include Standard account, tradable financial instruments include Micro Account、Standard Account、Ultra Low Spread Standard & Micro Account、Stock Account xm works/provides Standard account trading platform, trading instruments Micro Account、Standard Account、Ultra Low Spread Standard & Micro Account、Stock Account
