DEGIRO vs XM Stock Broker Comparison
A head-to-head comparison of DEGIRO and XM across regulation, commissions, platforms, and editorial scoring.
DEGIRO offers some of Europe's lowest stock commissions with access to 50+ exchanges. It lacks an ISA or SIPP wrapper, making it less suitable for UK tax-efficient investing, but excellent for low-cost international exposure.
DEGIRO comes out ahead with an editorial score of 4.3/5 compared to XM's 3.7/5.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
XM has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
DEGIRO is better suited for long-term investing: dividend reinvestment.
XM has the edge for active traders: more platform options, advanced charting.
DEGIRO edges out XM with a higher editorial score (4.3/5 vs 3.7/5), indicating a stronger overall experience for new stock investors.
Commission data is not yet available for this pair. Check each broker's pricing page to compare trading costs directly.
DEGIRO vs XM: Side-by-Side Stock Broker Comparison
| Editorial score | 4.3/ 5 | 3.7/ 5 |
|---|---|---|
| Min deposit | N/A | $5 |
| Commission-free | No | No |
| Fractional shares | No | No |
| Dividend reinvestment | Yes | No |
| Extended hours | No | No |
| IPO access | No | No |
| Short selling | Yes | Yes |
| Regulators | AFM BaFin | ASIC CySEC ASF FSC KNF |
| Platforms | DEGIRO Platform | MetaTrader 4 MetaTrader 5 |
| Active bonuses | 2 offers | None |
| Visit broker | Visit DEGIRO | Visit XM |
DEGIRO vs XM Stock Broker Pros & Cons
- 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
- No Stocks & Shares ISA or SIPP available
- No fractional shares
- Limited customer support options
- Platform and app less polished than newer competitors
- 1,200+ share CFDs - one of the widest selections among multi-asset regulated brokers
- CySEC and ASIC regulated with compensation fund coverage
- Outstanding educational content and 24/7 multilingual support
- Share CFDs only - no real stock ownership or ISA/SIPP wrapper
- Spreads and commissions on standard accounts are higher than ECN alternatives
- High leverage (1000:1) available only on offshore entity - not ASIC/CySEC clients
DEGIRO vs XM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
| 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 |
| 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
Based on our independent editorial scoring, DEGIRO ranks higher with a score of 4.3/5 vs 3.7/5 for XM. The best choice still depends on your needs — commissions, features like fractional shares, and regulatory coverage all matter.
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 our regulatory safety criteria, with top-tier regulatory oversight, segregated client funds, compensation scheme coverage. For stock investors, regulatory safety is critical — always confirm a broker's specific licences and investor protections before depositing funds.
XM requires a minimum deposit of $5. Minimum deposit information is not currently available for the other broker.
DEGIRO supports DEGIRO Platform and XM offers MetaTrader 4, MetaTrader 5. Platform availability affects the tools, charting, and order types available to you. If you rely on a specific platform like MetaTrader or a proprietary web app, confirm compatibility before opening an account.
For beginners: XM offers negative balance protection; DEGIRO has a higher overall editorial score. Also compare educational resources, customer support quality, and the simplicity of each broker's platform before deciding.
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