DEGIROvs
XMStock Broker Comparison
In this matchup, DEGIRO emphasizes low-cost stock trading and broad exchange access, while XM leans into CFDs and regulation. The tension centers on cost versus product scope.
Our Verdict
DEGIRO winsClear Winner
DEGIRO edges XM on the editorial score, 4.3/5 to 3.7/5. This is driven by higher Fees & Spreads and Trust & Regulation scores.
DEGIRO
4.3/5
XM
3.7/5
Key Differences
- 1Exchanges covered: 50+ for DEGIRO vs 10 for XM.
- 2Platform: DEGIRO uses proprietary platform; XM uses MT4/MT5.
- 3Compensation scheme: XM offers compensation scheme; DEGIRO does not.
Who should choose DEGIRO vs XM?
Find out which stock broker best suits your investing profile.
Choose DEGIRO if…
Choose DEGIRO if you want among Europe's lowest stock commissions. You also gain access to 50+ exchanges with transparent flat-fee pricing and no minimum deposit.
Choose XM if…
Choose XM if you want access to 1,200+ share CFDs and 24/7 multilingual support. You also benefit from CySEC and ASIC regulation and strong educational content.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
Recommended
XM wins safety & regulation with compensation scheme and multiple regulators.
Best for long-term investors
Recommended
DEGIRO vs XM: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.3/ 5 | 3.7/ 5 |
| Min deposit | N/A | $5 |
| Spreads from | N/A | 0.6 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $5/month (after 90 days) |
| Deposit fee | Free |
DEGIRO vs XM Stock Broker Pros & Cons
Pros
- Among Europe's lowest stock commissions
- Access to 50+ exchanges worldwide
- Transparent, flat-fee pricing structure
- Regulated by BaFin, AFM, and under MiFID II
- No minimum deposit requirement
Cons
- No Stocks & Shares ISA or SIPP available
DEGIRO vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
DEGIRO
criteria wins
5
XM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | DEGIRO | XM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Pass |
DEGIRO vs XM: Frequently Asked Questions
DEGIRO rates 4.3/5 versus 3.7/5 for XM. DEGIRO edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
XM starts from 0.6. Current spread data is not available for DEGIRO. Check both brokers' websites for up-to-date spread and commission pricing.
XM requires $5. Minimum deposit information is not currently available for DEGIRO.
Both DEGIRO and XM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, XM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
DEGIRO lists maximum leverage of 1:1, while XM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
DEGIRO supports DEGIRO Platform, while XM supports MetaTrader 5, MetaTrader 4. DEGIRO has exclusive access to DEGIRO Platform. XM has exclusive access to MetaTrader 5 and MetaTrader 4.
Neither DEGIRO nor XM is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
XM scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
