FXTM and XM go head to head in a stock CFD comparison. The tension centers on reach across exchanges and the availability of research tools.
FXTM and XM are closely matched; XM offers access to more exchanges (10 vs 6).
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
XM wins safety and regulation with broader licensing and compensation fund coverage.
| Editorial score | 3.7/ 5 | 3.7/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $5 |
| Spreads from | 1.5 pips | 0.6 pips▼ lower |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $5/month (after 90 days) |
| Deposit fee |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FXTM | XM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
FXTM and XM share the same editorial score of 3.7/5. One concrete differentiator: FXTM requires a lower minimum deposit.
XM lists tighter spreads from 0.6, compared with FXTM's 1.5. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
FXTM has no minimum deposit, while XM requires at least $5. This makes FXTM more accessible for traders with limited starting capital.
Both FXTM 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, two factors stand out: FXTM has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXTM lists maximum leverage of 20:1, 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.
FXTM supports MetaTrader 5, MetaTrader 4, while XM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4.
Neither FXTM 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.
Both FXTM and XM are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
XM wins for active traders due to broad share CFDs and 24/5 support.
FXTM wins for beginners with a $0 minimum deposit and multilingual support.
XM offers broader global access with 10 exchanges compared to FXTM.
Equally matched; neither offers fractional shares, DRIP, or IPO access.
| Free |
| Free |
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal fee | Free | Free for most methods |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FSCA FCA CySEC FSC | ASIC CySEC ASF FSC KNF |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Score 3.7 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker