Page Summary
XM Group and XTB are leading brokerage firms. XM is a secure MetaTrader broker with licenses from the ASIC, IFSC, FCA, and CySEC. It provides access to excellent learning tools and market data. XM is a good fit for beginner traders.
XTB is a trustworthy online broker for beginner traders. It has an FCA license and a transparent fee structure. XTB offers easy-to-learn trading platforms and many educational tools. We recommend it for new investors who want to improve their trading skills.
Both brokerage firms have strengths and weaknesses. This article discusses the differences between XM Group and XTB.
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XM
XTB
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:888 | 1:500 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | $0 |
| Deposit Fee | 0 | $0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | €12 |
| Forex (EUR/USD) | 1.6 pips | 1.0 pips |
| Stocks & ETF | 0,1% – (min $5) | 0 |
| CFD (Gold) | 3 pips | 1.19 pips |
| Crypto | 100 pips | |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5 | $0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 100 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 55 | 57 |
| CFD Indices & Funds | 14 | 37 |
| CFD Stocks | 1286 | 1796 |
| CFD Commodities | 14 | 23 |
| CFD Crypto | 5 | 10 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Top findings from the XM Group vs. XTB review:
- XM Group is a trustworthy MetaTrader broker with a valuable learning center.
- XTB is a leading beginner-friendly broker with reliable educational materials.
- Both brokerage firms offer a demo account to test their offering.
Both brokers are excellent choices for new traders. XM Group has the full MetaTrader suite with many learning materials. XTB offers straightforward platforms, educational tools, and tutorials.
Level of experience
XM Group provides the MetaTrader suite. It offers investor trading support and a virtual trading account for testing its services. This brokerage firm is a top choice for beginners, as it has many learning materials and tools.
XTB offers simple-to-learn platforms with intuitive interfaces. All its tools are user-friendly, and it offers excellent educational materials.
Fees
The minimum initial deposit fee at XM starts at $5, while XTB doesn’t charge a fee. The average EUR/USD spread at XM is 1.6, while at XTB is 0.86. Both brokers have a transparent fee structure.
Assets
XM has 57 forex currency pairs, while XTB has 49 available pairs. XTB provides access to 9600 CFDs, while XM has 1372 available CFDs.
Trading platform
XM is a MetaTrader-only broker with MT4 and MT5. These suites are customizable and simple to understand. XM offers access to a valuable research center with trading signals and articles. We recommend it for beginner traders, as it has a diverse educational portfolio.
XTB has a beginner-friendly proprietary platform, desktop, web, and mobile app. It offers access to MT4 and social trading services. Its virtual trading account allows new traders to test its offering with virtual money.
Banking services
Banking services are an important component of online trading. XTB offers many funding solutions, including bank wire, credit/debit cards, PayPal and Skrill. XM has bank wire, credit/debit cards, and Skrill funding solutions.
Final verdict
XM Group and XTB are leading brokerage firms with beginner-friendly services. Both have strengths and weaknesses depending on your trading style and goals. We recommend both brokers for new investors, as they offer excellent educational content.
XM compared to other brokers:
XM review