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CXM vs XMTrading
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, CXM currently holds a stronger overall rating (4.5) than XMTrading (4.3).
CXM has a higher minimum deposit than XMTrading, at 10.0.
Both platforms offer their clients demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same maximum lot size (100.0), but CXM has a minimum lot size of 0.01, while XMTrading offers 0.1.
CXM offers a greater leverage limit of 1:2000, whereas XMTrading allows a maximum of only 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 10.0 | 5.0 |
| Commission | 0.0 | - |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.1 |
| Maximum lot size | 100.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN | Market Maker |
| Maximal leverage (1:?) | 2000 | 1000 |
| Availability | STP, ECN | Market Maker |
| Regulation | FCA (UK), FSA (Seychelles), FSC (Mauritius), CMA (UAE) | FSA (Seychelles), FSC (British Virgin Islands) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, TradingView, DXTrade | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XMTrading App |
| Funding/Withdrawal methods | Credit Card, Debit Card, Perfect Money, Neteller, Skrill, Bitcoin, AliPay, Multiple local methods, Sticpay, PayTrust, Payment Asia, SEPA, Crypto, USDT, QR & Vouchers, Visa, Mastercard | Wire Transfer, Credit Card, Multiple local methods, Sticpay |
| Account Currency | USD | USD, EUR, JPY |
| Languages | English, Spanish, Portuguese, Chinese, Indonesian, Malay, Thai, Arabic, Vietnamese, Hindi | English, Japanese, Russian, Malay, Thai, Vietnamese, Korean |
| Country | United Arab Emirates | Seychelles |
| Trading platform(s) timezone | United Arab Emirates, Cambodia, Mexico, Malaysia, Thailand, United Kingdom, Vietnam | Seychelles |
| Other trading instruments | Stocks, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, ETFs, Forex | Indices, Commodities, Energies, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
