Trading 212 vs XM - Online Brokerage Comparison

Trading 212 vs XM | Brokerage Comparison

Trading 212 vs XM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$100Web Trader & Apps1800+FCA, FSC
$5MT4, MT51000+FCA, ASIC, CySEC

Trading 212 vs XM Comparison

XM is a MetaTrader 4 (MT4) and MetaTrader 5 (MT5) broker. This means it can support both automated trading using robots (programs which trade on behalf of the trader in accordance with their algorithms) and trading where the trader executes their own trades. Trading 212 provides a web trader (and apps) which supports the trader who executes their own trades, providing a (human) trader friendly interface and tools such as Analysis and a News Feed on the platform itself.

Both brokers offer CFD trading. When trading a CFD the trader does not own the market. Trading 212 additionally provides Stocks and ETFs to own (they are not CFDs). Trading 212 has more markets to trade than XM, with 1800+ vs 1000+. However 1000+ is a relatively large number and is available on MT5.

Trading 212 is regulated by the FCA in the United Kingdom and the FSC in Bulgaria.

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

Quick comparison

XM offers MT4 and MT5. Trading 212 provides a web trader (and apps). XM supports trading with robots. Trading 212 offers CFDs (like XM) and as well provides Stocks and ETFs to own on its Invest account.

Minimum deposit and key account features

The minimum deposit for Trading 212 to trade CFDs is $/€/£100 (the minimum deposit for the Invest account is $/€/£29). The minimum deposit for XM is $5.

  • Trading 212 has a CFD and an Invest account. Trading 212 provides videos, news, analysis and an economic calendar on its trading platform and its website.
  • XM 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.
  • XM's Micro account allows smaller trade sizes than Standard account and XM Zero accounts, which allow larger trade sizes. An Islamic account is available for each of these account types. The Micro and Standard accounts do not charge commissions, the XM Zero account does charge commissions. XM offers a free VPS for clients who have a minimum balance of $5000 in their account, T&Cs apply. The smallest trade size is 0.001 lots. XM also provides a personal account manager, video tutorials, daily technical analysis, Forex market research and daily Forex signals, market outlook and webinars.

Markets

  • Trading 212 offers CFD trading in Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks, Soft Commodities and ETFs, with 1800+ available. Trading 212 on the Invest account offers real Stocks and ETFs, with 1800+ available.
  • XM offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks and Soft Commodities, with 1000+ available on MT5. There are 100+ available on MT4, as it does not offer Stocks or Cryptocurrency CFDs. The XM Zero account has Forex and Precious Metals, with 55+.

Trading 212 has 150+ Forex Pairs. XM has 50+ Forex Pairs.

Cryptocurrency CFDs

  • Trading 212 offers Bitcoin, Ethereum, Litecoin, Ripple, DASH, NEO, Monero and EOS.
  • XM offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Commissions

  • Trading 212 does not charge commissions.
  • The XM Zero account charges commission of $3.5 per lot per side.

Leverage

Maximum leverage for Trading 212 (FCA or FSC regulated) is . Maximum leverage for XM (FCA or CySEC regulated) is .

Platforms

Trading 212 offers a web trader and apps. XM offers MT4 and MT5 as desktop download, web traders and apps.

Why Trading 212 or XM ?

Traders who want to trade using automated trading strategies can do so at XM, which offers MT4 and its successor MT5, both of which let the trader use and build Expert Advisors (MT4 and MT5's online trading robots). Traders who want to trade CFDs (i.e. trade markets without owning them) can do so at either broker. However Trading 212 offers Stocks and ETFs to own on its Invest account (they are not CFDs). Trading 212's online trading platform is user friendly and designed with the human trader in mind, who executes their own trades. Traders who want to trade CFDs with smaller trade sizes can do so on XM's Micro account, which has a low minimum deposit.

Comparison summary

  • Both brokers offer CFD trading
  • Trading 212 additionally provides an Invest account with Stocks and ETFs to own
  • Trading 212 offers more markets to trade (1800+ vs 1000+ for XM on MT5)
  • XM has a relatively large number of markets for an MT5 broker
  • Traders can trade using online trading robots at MT4 and MT5 at XM
  • XM charges Forex commissions on its XM Zero account, otherwise it does not charge commissions
  • Trading 212 does not charge commissions, including for Stocks and ETFs to own
  • XM has a Micro (cent) account which offers small trade sizes and has a low minimum deposit

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