Sarwa vs. XM Comparison

This comparison guide helps individuals who struggle to pick in between Sarwa and XM to locate the very best online broker for their trading and financial investment needs. It assesses the highlights of both brokers alongside to aid users contrast their solution and make a notified choice.

To assist customers choose the right broker in between Sarwa and XM to locate the best-suited system, listed below is a listing of broker’s advantages and disadvantages, followed by a contrast of their main trading features, including trading platforms & tools, charges, mobile trading, down payment & withdrawal, possessions, policy, and consumer assistance.

Sarwa vs. XM: Summary

Sarwa logo

Sarwa is a UAE based robo-advisor founded in 2017. It is regulated by both UAE financial regulators: the DFSA and the FSRA. Sarwa combines automated and manual investment services across various markets including stocks, ETFs, mutual funds, cryptocurrencies and indices.

Sarwa charges $0 commissions on stocks and cryptocurrencies. The broker does not charge conversion, withdrawal or inactivity fees. This makes Sarwa a low cost broker.
The minimum deposit required at Sarwa is low ($0). They allow direct deposits and withdrawals in AED (no conversion fees apply). Funding options at Sarwa are limited to bank wire transfers.

Sarwa’s customer service is available by email and phone. Their website additionally features and extensive FAQ section that answers users common questions on a regular basis.

XM logo

XM is a Best-in-Class broker offering a complete MetaTrader suite coupled with upgrades to enhance trading experience and use of custom indicators. Through its various brands, XM offers traders a total of 1,230 CFDs across multiple asset classes, including forex, cryptos, stocks and CFDs.

XM offers low min deposits and wide range of account types. XM Forex offers low spreads and flexible lot sizes and is considered an average-risk trader. They are privately owned and do not operate a bank.

XM is regulated and authorized by the Australian Securities & Investment Commission (ASIC) and the UK’s Financial Conduct Authority (FCA)

Pros

  • Direct AED deposits (without conversion fees)
  • Automated and manual trading services
  • Suitable for both beginner and professional traders
  • Free financial advisory services
  • Option to visit their offices in Dubai or Abu Dhabi and receive direct investment advice
  • Competitive trading fees (0% commission on stocks and ETFs)

Cons

  • Few banking options
  • Limited markets

Pros

  • Very good customer support
  • Very competitive trading fees
  • Good choice of different trading platforms

Cons

  • Could have more deposit and withdrawal options

Key features

  • Low stock trading fees ($0 commission)
  • Wide range of assets (4,000 stocks & fractional shares)
  • Easy to use trading interface
  • Direct AED Deposits
  • Simple buy and sell options
  • Regulated by the DFSA and FSRA
  • 0$ Minimum Deposit

Key features

  • Access to 1,000+ trading instruments
  • Trade the markets your way using one or multiple of the 16 available trading platforms including MT4 and MT5
  • No re-quotes nor order rejections
  • Broad range of educational material offered in the form of webinars, videos, live trading education sessions, and podcasts
  • Extensive research tools via XM Research Centre including trade ideas, technical summaries, and a detailed economic calendar
  • Free VPS perfectly suited for EAs and other automated trading software

Sarwa vs. XM Comparison

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XM logo

XM

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BROKER COMPARISON

Sarwa logo
XM logo

Overall rating

4,2/5

4,1/5

Overall rating

4,2/5

4,1/5

Trading Platform & Tools

4.6

3.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:1 1:888
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

4.1

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 1.6 pips
Stocks & ETF 0.85% 0,1% – (min $5)
CFD (Gold) 0 3 pips
Crypto 0.75%
Options 0.85% 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.0

4.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.0

3.8

See details
Minimum deposit (in UAE) $0 $5
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.5

2.8

See details
Shares 4000 100
ETF & Funds 1 0
Crypto 1 0
Commodities 0 0
Indices 0 0
Options 1 0
Futures 1 0
Bonds 1 0
Forex Instruments 0 55
CFD Indices & Funds 0 14
CFD Stocks 0 1286
CFD Commodities 0 14
CFD Crypto 0 5
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

4.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.4

5.0

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Sarwa vs. XM Comparison Conclusion

The outcomes of our comparison of Sarwa vs. XM are wrapped up in the table below.

Broker:Best For:
SarwaStocks and ETFs; Robo-advisor
XMResearch & Education

Picking the best option between Sarwa and XM can be tough. Both online brokers have similarities yet differ concerning trading instruments, platforms & applications, regulation, down payment & withdrawals, and research study and education. Selecting the most effective broker relies on customers’ trading & investment objectives, private choices, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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