Markets.com
Xtrade
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Overview
Markets.com was founded in 2008 and is headquartered in Cyprus, while Xtrade was established in 2003 and is based in Australia. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Markets.com serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at Markets.com and $1 at Xtrade.
| Feature | Markets.com | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2003 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Markets.com 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 Markets.com). Neither broker charges withdrawal fees. Xtrade charges deposit fees; Markets.com does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Markets.com | Xtrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Markets.com offers MT4, MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Markets.com supports social and copy trading features, which Xtrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Markets.com | 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, MT5, 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 Markets.com and Xtrade compare. Markets.com has a video library; Xtrade does not. Markets.com integrates third-party research tools (Autochartist); Xtrade does not. Markets.com scores higher overall in education and research.
| Feature | Markets.com | 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. Markets.com uniquely supports bank transfer and credit/debit card and PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | Markets.com | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | Yes | 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 Markets.com and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Markets.com offers multilingual support. Both brokers are comparable on support quality.
| Feature | Markets.com | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish | Not available |