| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | 275+ Markets To Trade | easyMarkets offers trading on its user friendly easyMarkets Platform, with tools such as dealCancellation, Freeze Rate and InsideViewer, and provides trading on MT4, MT5 (including automated trading with EAs) and TradingView About |
| XM | $5 Minimum Deposit | MT4, MT5 Trading Platforms | 1000+ Markets To Trade | XM offers both MT4 and MT5 and provides a Micro (cent type) account with low minimum trade sizes and a $5 minimum deposit About |
easyMarkets and XM Comparison
Both provide MT4 and MT5, allowing automated trading with Expert Advisors (EA) robots. easyMarkets also offers its easyMarkets Platform, available as a user friendly Web Trader and mobile app and TradingView. XM provides a Micro (cent) account with a low minimum deposit ($5) and minimum trade size.
easyMarkets is regulated by the CySEC in Cyprus, the ASIC in Australia, the FSAS in the Seychelles and the FSC in the British Virgin Islands. XM is regulated by the CySEC, the ASIC and the IFSC in Belize.
Quick comparison
Both offer MT4 and MT5. easyMarkets additionally provides the easyMarkets Platform and TradingView. XM has a Cent account.
Minimum deposit and account types
The minimum deposit for easyMarkets is $25 and the minimum deposit for XM is $5.
- easyMarkets offers Standard, Premium and VIP accounts (in the EEA, Standard and VIP are available). The minimum deposit for the Standard account is $25, for the Premium account is $2000 and for the VIP account is $10,000. Each ascending account type types offers lower minimum spreads. All account types provide a Personal Account Manager, 24/5 Phone and Live Chat and Trading Insights. The easyMarkets Platform offers dealCancellation, InsideViewer and Freeze Rate. The minimum trade size is 0.01 lots.
- 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 to trade
- easyMarkets provides 275+ CFDs covering Forex, Indices, Metals, Energy, Soft Commodities, Cryptocurrencies, Stocks and Options.
- XM offers 1000+ CFDs covering Forex, Indices, Metals, Energy, Soft Commodities, Cryptocurrencies and Stocks.
| Broker | Trading Platforms | Description |
|---|---|---|
| XM Broker | MT4, MT5 Trading Platforms | XM offers both MT4 and MT5, allowing automated trading with Expert Advisors (EAs) and has a cent type account with low trade sizes Description |
| easyMarkets Broker | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | easyMarkets has fixed spreads on MT4, the easyMarkets Platform and TradingView (from 0.7) and has variable spreads on MT5 (from 0.5) Description |
Cryptocurrency CFDs
- easyMarkets provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Cardano, Algorand, Solana, Chainlink, OmiseGO, Avalanche, Uniswap, Polkadot, Zcash, Polygon, Dash, Dogecoin, Monero and Chiliz CFDs.
- XM provides Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, Cardano, Algorand, Solana, Chainlink, OmiseGO, Avalanche, Aave, Axie Infinity, Basic Attention Token, Compound, Enjin, Fetch.ai, The Graph, SKALE, Storj, Sushi and Ox CFDs.
Spreads and leverage
- easyMarkets offers Forex spreads from 0.7 fixed and 0.5 variable without a commission charge. XM offers variable Forex spreads from 0.3 without a commission charge and 0 with a commission charge.
Maximum leverage for easyMarkets (CySEC regulated) is . Maximum leverage for XM (CySEC regulated) is .
Commissions
- easyMarkets does not charge commissions. The XM Zero account charges commission of $3.5 per lot per side.
Online trading platforms
easyMarkets offers MT4, MT5, the easyMarkets Platform and TradingView. XM provides MT4 and MT5.
Why easyMarkets or XM ?
Traders who want to trade on MT4 and MT5 may do so at either easyMarkets or XM. Those who want to trade on a user friendly platform may do so on the easyMarkets Platform and TradingView (at easyMarkets). Traders who want to use automated trading may do so at both. Those who want to trade on a Cent account with a low minimum trade size and deposit, can find the Micro account at XM. Those who want to trade with fixed spreads may do so on easyMarkets on most of its platform offering.
Comparison summary
- Both offer CFD trading
- Each provides MT4 and MT5
- easyMarkets offers the easyMakets Platform and TradingView
- easyMarkets has fixed or variable spreads
- Both allow automated trading
- easyMarkets has social trading on TradingView
- XM offers a Micro (cent) account with a $5 minimum deposit
