Broker to Trading

Both offer automated trading, both with MT4 and MT5 and AAAFx additionally with ActTrader. AAAFx has social and copy trading via ZuluTrade. XM offers a Micro (cent) account with a low minimum deposit.

AAAFx is regulated by the HCMC in Greece. XM is regulated by the CySEC in Cyprus, the ASIC in Australia and the IFSC in Belize.

Quick comparison

Both offer MT4 and MT5. AAAFx additionally provides ActTrader. AAAFx has social and copy trading (with ZuluTrade) while XM provides a Micro (cent) account with a low minimum deposit and trade size.

Minimum deposit and account types

The minimum deposit for AAAFx is $10 and the minimum deposit for XM is $5.

AAAFx offers and ECN, an ECN Plus and an ECN Zulu account. The ECN Plus account does not charge commissions (and has a $10,000 minimum deposit), the others do. AAAFx integrates with ZuluTrade for social and copy trading.
XM CySEC regulated offers three account types, the Micro, Standard and XM Zero accounts, all with minimum deposits of $5. An Islamic account is available for each account type. The Micro and Standard accounts do not charge commissions, the XM Zero account does charge commissions. The Micro and Standard accounts differ in terms of order sizes available. The minimum trade size is 0.0001 lots.
XM ASIC regulated offers the XM Ultra Low account instead of the XM Zero account. XM IFSC regulated offers the Micro, Standard and Ultra Low accounts and a Shares account (with real Shares to own). The minimum deposit for the Ultra Low account is $50. The minimum deposit for the Shares account is $10,000.
XM offers an economic calendar, a personal account manager, video tutorials, daily technical analysis, Forex market research and daily Forex signals, trading tools, market outlook and webinars. XM allows EAs, hedging and scalping.

Markets

• AAAFx offers 250+ covering Forex, Metals, Commodities, Indices, Cryptocurrencies and Stocks.
• XM offers 1000+ covering Forex, Metals, Commodities, Indices, Cryptocurrencies and Stocks.

Cryptocurrency CFDs

• AAAFx provides Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
• XM provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Aave, Cardano, Algorand, Avalanche, Axie Infinity, Basic Attention Token, Compound, Enjin, Fetch.ai, The Graph, Chainlink, OmiseGO, SKALE, Solana, Storj, Sushi, Stellar and Ox.

Spreads and leverage

• Both brokers can offer low spreads with a commission charge (on the XM Zero account at XM). AAAFx can additionally provide spreads from 0, without a commission charge. The XM Ultra Low account has EUR/USD spreads from 0.6 without a commission charge.

Maximum leverage for AAAFx (HCMC regulated) . Maximum leverage for XM (CySEC regulated) is .

Commissions

• AAAFx charges a commission of $0.99 per lot for the ECN Account, no commission charge for the ECN plus Account and a $10 per lot commission for the ECN zulu Account.
• XM charges a commission of $3.5 per lot per side on the XM Zero account.

Online trading platforms

AAAFx offers MT4, MT5 and ActTrader. XM provides MT4 and MT5.

Why AAAFx or XM ?

Traders who want to trade on MT4 or MT5 may do so at either. Traders who want to trade on ActTrader can do this at AAAFx. Those who want to use online trading robots can do so at either. Traders who want to social and copy trade can do this at AAAFX. Those who want a Cent type account with low minimum trade sizes (and a $5 minimum deposit) can find one at XM.

Comparison summary

• Both offer CFD trading
• Each provides MT4 and MT5
• AAAFx additionally offers ActTrader
• Both allow automated trading
• AAAFx provides copy trading via ZuluTrade
• XM has a Micro (cent) account with a $5 minimum deposit