Markets.com vs XM

If you are reading this article, you’re likely having trouble deciding whether Markets.com or XM is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Markets.com vs XM review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

Feature and Platform XM (visit site) Markets.com (visit site)
XM Markets.com
Headquarter: Cyprus Cyprus
Regulation :
IFSC, ASIC, CySEC, DFSA CySEC, FSCA
Type of Broker:
Market Maker Market Maker/STP
U.S. Clients Allowed:
Minimum Deposit:
$5 or a currency equivalent $250
Maximum Leverage:
1:888 1:30
Commissions / Spreads:
Spreads, Commission Spreads, Commission
Account 1:
Micro CFD
Account 2:
Standard Share Dealing
Account 3:
XM Ultra-Low Professional
Account 4:
Shares
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • English
  • Chinese
  • Other
  • English
  • Spanish
  • 7+
Support Hours:
24/7 24/5
E-mail Support:
SMS Support:
Chat:
Broker Offers:

Features and Platforms

Markets.com presents investors and traders with proprietary trading platforms on top of the out-of-the-box MT4/MT5 trading platforms. The competitive commission-free pricing environment, fourteen quality trading tools, the personalized financial live stream service XRay, and the Investment Strategy Builder offer clients an edge in financial markets. XM has grown into a brokerage powerhouse with more than 3,500,000 clients, upgraded MT4/MT5 trading platforms, and a trader-friendly cost structure. The generous bonuses and rewards, research, and education helped XM become one of the best overall retail brokers, while both offer traders an exceptional asset selection.

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Feature XM Markets.com
Type of Platform: MetaTrader 4, Web-based Proprietary trading platform, MT4, MT5
Platform Languages:
  • English
  • Chinese
  • Russian
  • Other
  • English
  • Spanish
  • 7+
OS Compatibility:
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
  • Windows
  • Mobile
  • Web
  • iPhone
  • iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Scalping:
Hedging:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:

Available Markets

Clients get 67 currency pairs and 25 cryptocurrency pairs at Markets.com, while XM maintains 57 and 0. The former also provides access to 28 commodities versus 15 at the latter. Markets.com extends its superior asset selection for equity traders, where 2,027 equity CFDs and 40 index CFDs trump the 1,243 and 28 available at XM. Markets.com also features 60 ETFs, 23 in-house themed stock baskets, and four bond CFDs. Both brokers offer shared trading, where Markets.com maintains significantly more choices than the 100 available at XM. While Markets.com grants a broader selection, both brokers provide a competitive selection.

Feature XM Markets.com
ETFs:
CFDs:
Commodities:
Metals:
Stocks:
Oil:
Gold:
Binary Options:
Indices:

Typical Spreads and Fees

Both brokers offer Forex traders an excellent commission-free trading environment commencing from a minimum spread of 0.6 pips. It equals $6.00 per 1.0 standard lot and ranks among the best across the industry. Investors pay a commission per trade at Markets.com and XM alike, and both brokers forward corporate actions like dividends to clients. Traders pay swap rates on leveraged overnight positions at Markets.com and XM together with third-party costs, dependent on the payment processor. A $10 monthly inactivity fee applies at Markets.com versus $5 at XM. Both brokers offer a competitive cost structure, with XM being superior.

Security and Trust

Traders get secure and trustworthy multi-asset brokers in Markets.com and XM. The UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities & Investments Commission (ASIC), regulated operating subsidiaries at both brokers. Markets.com has an additional unit authorized by the British Virgin Islands Financial Services Commission (FSC). XM has two subsidiaries with oversight by the Belize International Financial Services Commission (IFSC) and the Dubai Financial Services Authority (DFSA). A £/€/$1,000,000 excess of loss insurance policy exists at Markets.com, and both brokers segregate client deposits and offer negative balance protection.

XM vs Markets.com – Verdict

Clients at Markets.com have a competitive choice of trading platforms and tools, granting them a distinct competitive edge. Two proprietary trading platforms plus the out-of-the-box MT4/MT5 alternatives form the core, while fourteen quality trading tools upgrade the trading environment at Markets.com. Completing the list is the XRay personalized financial live stream service and the Investment Strategy Builder. XM maintains upgraded MT4/MT5 trading platforms. It also offers the MT4 MAM extension, supporting retail account management and passive income generation. The quality research and educational sections offer traders valuable content. XM also maintains a generous bonus and rewards system, extending its competitive trading environment. Both brokers deliver one of the best commission-free pricing environments, but XM has a better offer given its rewards system. The asset selection is excellent at Markets.com and XM, with the former in the lead, while both remain market-leading and trustworthy brokers.

Read full XM Review

FAQs

Does Markets.com or XM offer lower pricing?

Both brokers offer Forex traders a commission-free costs structure and minimum spreads of 0.6 pips. XM has overall lower pricing due to its reward system and lower inactivity fee.

Which trading platform is better: Markets.com or XM?

Markets.com offers two quality proprietary trading platforms for manual traders, but only the core MT4/MT5 trading platforms. XM has no proprietary solutions but presents upgraded MT4/MT5. Markets.com has more trading tools, making the broker choice dependent on the needs of the individual trader.

How many Forex pairs and CFDs are available to trade?

Markets.com offers 67 currency pairs and 2,274 CFDs versus 57 currency pairs and 1,343 CFDs at XM.

What are the minimum deposits for these brokers?

The minimum deposit at Markets.com is $250, above that of most brokers. XM remains more accessible with its minimum deposit of just $5, granting clients complete flexibility.

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