XM
XTB
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Overview
XM was founded in 2009 and is headquartered in Cyprus, while XTB was established in 2002 and is based in Poland. XM holds licences including International Financial Services Commission(IFSC), while XTB is regulated by Financial Conduct Authority (FCA) among others. XM serves 3,500,000+ clients worldwide; XTB has 250,000+. The minimum deposit is $5 at XM and $0 at XTB.
| Feature | XM | XTB |
|---|---|---|
| Min. Deposit | $5 | $0 |
| Regulation | International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego |
| Founded | 2009 | 2002 |
| Country | Cyprus | Poland |
| Clients | 3,500,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between XM and XTB, directly affecting your bottom line as a trader. XTB has a lower barrier to entry with a minimum deposit of $0 (vs $5 at XM). XTB charges withdrawal fees while XM does not, giving XM an edge for frequent withdrawers. XM applies inactivity fees on dormant accounts; XTB does not. The two brokers are broadly comparable on fee structure.
| Feature | XM | XTB |
|---|---|---|
| Min. Deposit | $5 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
XM offers MT4, MT5, cTrader, while XTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | XM | XTB |
|---|---|---|
| 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, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how XM and XTB 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. XTB scores higher overall in education and research.
| Feature | XM | XTB |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. XM accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while XTB supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). XTB uniquely supports PayPal and Skrill among the two brokers. XTB scores higher on deposit and withdrawal flexibility.
| Feature | XM | XTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both XM and XTB offer live chat support. Both provide phone support. Email support is available at both brokers. XM supports 20 languages and XTB supports 12, giving XM broader global reach. Both brokers are comparable on support quality.
| Feature | XM | XTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |