B
fxgiants logo

fxgiants

8.4/10

XM

7.6/10
10/10WinnerRegulation9/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
10/10WinnerDeposits & Withdrawals6/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

fxgiants was founded in 2011 and is headquartered in Cyprus, while XM was established in 2009 and is based in Cyprus. fxgiants holds licences including Financial Conduct Authority (FCA), while XM is regulated by International Financial Services Commission(IFSC) among others. fxgiants serves 250,000+ clients worldwide; XM has 3,500,000+. The minimum deposit is $250 at fxgiants and $5 at XM.

fxgiants wins this category
FeaturefxgiantsXM
Min. Deposit$250$5
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F242International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
Founded20112009
CountryCyprusCyprus
Clients250,000+3,500,000+

Fees

Fees are a critical factor when choosing between fxgiants and XM, directly affecting your bottom line as a trader. fxgiants has a lower barrier to entry with a minimum deposit of $250 (vs $5 at XM). Neither broker charges withdrawal fees. XM applies inactivity fees on dormant accounts; fxgiants does not. fxgiants charges deposit fees; XM does not. Overall, XM scores higher on fees in our assessment.

XM wins this category
FeaturefxgiantsXM
Min. Deposit$250$5
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

fxgiants offers MT4, MT5, cTrader, while XM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XM supports social and copy trading features, which fxgiants does not offer. The two brokers are closely matched on platform offering.

Tied
FeaturefxgiantsXM
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how fxgiants and XM compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. fxgiants scores higher overall in education and research.

fxgiants wins this category
FeaturefxgiantsXM
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. fxgiants accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while XM supports 3 (bank transfer, credit/debit card, Neteller). fxgiants uniquely supports PayPal and Skrill among the two brokers. fxgiants scores higher on deposit and withdrawal flexibility.

fxgiants wins this category
FeaturefxgiantsXM
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both fxgiants and XM offer live chat support. Both provide phone support. Email support is available at both brokers. fxgiants supports 8 languages and XM supports 20, giving XM broader global reach. Both brokers are comparable on support quality.

Tied
FeaturefxgiantsXM
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicArabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish