CM Trading
Xtrade
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Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while Xtrade was established in 2003 and is based in Australia. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. CM Trading serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at CM Trading and $1 at Xtrade.
| Feature | CM Trading | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Sector Conduct Authority (FSCA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2011 | 2003 |
| Country | Seychelles | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at CM Trading). Neither broker charges withdrawal fees. CM Trading applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; CM Trading does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | CM Trading | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
CM Trading offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CM Trading supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | CM Trading | Xtrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mirror Trader, Sirix, Web Trader, Tablet & Mobile apps | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CM Trading and Xtrade compare. CM Trading has a video library; Xtrade does not. CM Trading integrates third-party research tools (Autochartist); Xtrade does not. CM Trading scores higher overall in education and research.
| Feature | CM Trading | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading uniquely supports bank transfer and credit/debit card among the two brokers. CM Trading scores higher on deposit and withdrawal flexibility.
| Feature | CM Trading | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CM Trading and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. CM Trading offers multilingual support. Both brokers are comparable on support quality.
| Feature | CM Trading | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |