Broker comparison between XM vs FXTM

　　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.

　　General Information & Regulation

　　Founded in 2011, FXTM is an online forex broker, providing services for foreign exchange, indices, commodities, and more financial instruments. FXTM is regulated in multiple jurisdictions worldwide, with offices in Europe, the Middle East, Africa, Asia, and Latin America, attracting over 2 million clients from over 150 countries worldwide. Exinity Limited is regulated by the Mauritius Financial Services Commission, and Exinity UK Ltd is regulated by the Financial Conduct Authority (FCA) in the UK (Reg. No. 777911), and Forextime Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (Reg. No. 185/12).

　　Market Instruments

　　FXTM offers over 250 trading products to investors worldwide, covering a wide range of investment instruments such as currency pairs, precious metals, commodity CFDs, index CFDs, equities CFDs, and more.

　　Minimum Deposit

　　To meet different investors' investment needs and trading experience, FXTM has set up several account types. The main account types are Standard and ECN accounts. Standard Accounts are subdivided into Standard accounts (with the minimum deposit of $100/€/£), FX Cent accounts ( with the minimum deposit of $10/€/£), and Equity CFD accounts (with the minimum deposit of 100 USD/EUR/GBP). ECN accounts are divided into ECN accounts (with the minimum deposit 500 USD/EUR/GBP), ECN zero commission accounts (with the minimum deposit 200 USD/EUR/GBP) and FXTM Pro accounts (with the minimum deposit 25, 000 USD/EUR/GBP).

　　FXTM Leverage

　　Lverage Lever also differs depending on different accounts. Standard accounts with floating leverage of 1:2000, FX Cent accounts with the leverage of 1:1000 to 1:25 (FX), and the Equity CFD account with the fixed leverage 1:10 for US equities, 1:3 for European equities, the ECN accounts with the floating leverage 1:2000, the ECN Zero commission account 1:2000, and FXTM Pro account with a flexible leverage: 1:200 to 1:25.

　　Spreads & Commissions

　　Minimum spreads start at 1.3 pips for Standard accounts, 1.5 pips for Forex Cent accounts, and 0.1 pips for Equity CFD accounts. Minimum spreads start at 0.1 pips for ECN accounts with a commission of $2 per lot (one side), minimum spreads start at 1.5 pips for ECN zero commission, and 0 pips for FXTM Pro accounts. FXTM offers flexible rules for ECN MT4 accounts offer flexible rules for floating commissions. The more funds an investor has and the larger their trading volume, the lower the commission they pay. Please note that the commission formula for ECN MT4 is: (Volume * Contract Operation * Opening Price) / 1,000,000 * Commission * 2.

　　 FXTM Trading Platform

　　FXTM offers desktop, Apple, mobile, and tablet versions of the industry-leading trading platforms MetaTrader 4 and MetaTrader 5 to meet a wide range of traders' needs and increase their trading flexibility. If traders prefer to trade directly through their browser, they can use MT4 and MT5 on PC and Mac To trade, WebTrader - no download required! For traders with multiple accounts, FXTM also offers traders a Multiple Account Management System (MAM) on MT4 for easy management and ultimate convenience.

　　Deposit & Withdrawal

　　FXTM offers its clients various deposit and withdrawal methods, mainly VISA, MasterCard, Maestro credit cards, Skrill, Moneybookers, VLOAD, TC Pay wallet, NETELLER (VIP clients only), PayPal, Perfect Money, Bitcoin, Internet banking, local transfers in India and Pakistan, local transfers in Nigeria, no commission for deposits. Withdrawals via VISA, MasterCard, Maestro are subject to a fee of US$3/€2/£2. Withdrawals via PayPal are subject to 2%, withdrawals via Perfect Money are subject to a fee of 0.5%, withdrawals via Bitcoin are subject to a fee of 1%. There is no fee for other withdrawal methods.