Markets.com vs XM Comparison

Markets.com vs XM Broker Comparison

Markets.com versus XM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT5, Web Trader & Apps2000+CySEC, FCA, ASIC, FSCA
$5MT4, MT51000+CySEC, ASIC, IFSC

Markets.com and XM Comparison

These broker offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5). On MT5, XM has a more markets to trade and a relatively large number. Overall, Markets.com offers more markets on its user friendly web trader, which additionally has a relatively wide range of trading tools.

XM is regulated by the CySEC in Cyprus and is additionally regulated by the FCA in the United Kingdom and the ASIC in Australia.

Markets.com is operated by Safecap Investments Limited which is regulated by the CySEC in Cyprus and the FSCA in South Africa. Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd which is regulated by the ASIC in Australia. Markets.com Africa is operated by TradeTech Markets (South Africa) which is regulated by the FSCA in South Africa.

Quick comparison

Both provide MT4 and MT5. Markets also offers a web trader and apps and has more markets, though XM has a relatively large number on MT5.

Account types and minimum deposit

The minimum deposit for Markets.com is $100. The minimum deposit for XM is $/£5.

  • Markets.com offers a wide range of tools accessible from its trading platform, including Events & Trade (an economic calendar with trading opportunities and affected instruments), Financial Commentary, Financial News, Trading Central, Multi-Symbol Charts, Insider Trades, Analyst Recommendations, Bloggers Opinions, Hedge Fund Confidence, XRay (expert views), Video Tutorials Education on Demand and MARKETS View. For a minimum deposit of $250, Markets.com offers MARKETSX which provides its user friendly web trader with additional VIP support and can offer reduced spreads.
  • XM CySEC regulated offers three account types, a Micro and a Standard account, both with minimum deposits of $5 and the XM Zero account, with a minimum deposit of $100. 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.
  • 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

  • Markets.com offers Currency Pairs, Indices, Commodities, Stocks, Cryptocurrencies, ETFs and Bonds, with 2000+ available.
  • XM offers Currency Pairs, Indices, Commodities, Stocks and Cryptocurrencies, with 1000+ available on MT5 and 100+ available on MT4 (it does not offer Stocks or Cryptocurrency CFDs).

The XM Zero account offers trading in 50+ Forex pairs plus Gold and Silver.

Cryptocurrency CFDs

  • Markets.com provides Bitcoin Futures, Ethereum, Litecoin, Ripple, Dash and Bitcoin Cash.
  • XM provides Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

Forex spread for Markets.com are from 0.6 (for MARKETSX). Forex spreads for XM are from 0.6 (on the Ultra Low account). On the XM Zero account, Forex spreads are from 0 plus commission.

Maximum leverage for Markets.com operated by Safecap Invesements Limited (CySEC regulated) is . Maximum leverage for XM (CySEC regulated) is .

Commissions

  • XM charges a commission of $3.5 per lot per leg on its XM Zero account.

Online trading platforms

Both brokers offer MT4 and MT5. Markets.com additionally offers a web trader. Both brokers have mobile apps.

Why Markets.com or XM ?

Traders who want to trade on MT4 and MT5 may do so at either broker. Traders who wish to trade a large number of Stocks CFDs may do so at XM on MT5. Traders who wish to trade larger number of markets, including Stocks CFDs on a user friendly web trader may do so at Markets.com. Additionally, XM offers a Micro (cent) account which provides very small trade sizes and has a very low minimum deposit.

Comparison summary

  • Both brokers offer CFD trading
  • Each provides MT4 and MT5
  • Markets.com additionally provides a user friendly web trader
  • Overall, Markets.com offers more markets to trade (on its web trader)
  • XM has a lower minimum deposit and trade size

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