Interactive Brokers vs XM, for 2025

Compare Interactive Brokers vs XM

Each platforms for online trading feature certain ups and downs, so a complete Interactive Brokers and XM review cannnot be complete without adopting a balanced approach.

Examine Interactive Brokers and XM to get a better understanding of just how they stack up with each before you open an account. Performing a comparative analysis can put things in perspective in order that you're informed about what you should anticipate.

So you are looking for an online trading platform and are choosing between Interactive Brokers or XM. Who is better in 2025?

This Interactive Brokers vs XM comparison contains the latest information so you can easily compare XM against Interactive Brokers.

If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will get adept at all of the concepts of broker since you continue trading. For starters, you need to choose the right broker who'll be clear with you always.

In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. Interactive Brokers and XM are just two such trading platforms which will take you along with your investment to great heights. It is crucial that you compare Interactive Brokers vs XM until you trust them with your money.

Our Interactive Brokers vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Interactive Brokers and XM side by side.

Our entire Interactive Brokers vs XM Review covers everything you will need to learn about trading using either Interactive Brokers or XM. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing goals.

There's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It's a common misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments in danger.

Interactive Brokers and XM are both brokers that have found their way successfully into the brokerage world. Within this review, we have attempted to collate a number of the important aspects of both Interactive Brokers and XM. This review can help you to understand whether either XM or Interactive Brokers is a fantastic match for your own investments or not. We've tried to breakdown all of the features and fees for your convenience.

Benefits of Interactive Brokers and XM Compared

Interactive Brokers offers a minimum deposit of $1 while XM has a $5 minimum deposit.

Why smaller minimum deposits are good and how Interactive Brokers and XM compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

Interactive Brokers has around 100 financial instruments whilst XM has around 100 available.

The more instruments you can trade on the Interactive Brokers and XM platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Interactive Brokers or XM.

Interactive Brokers and XM Contact Details

Being able to contact your broker simply is important. Interactive Brokers and XM have the following contact details and social medias that you can use.

XM and Interactive Brokers Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.

In this part of our comparison of Interactive Brokers and XM we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of both apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

Interactive Brokers vs XM - Awards

Interactive Brokers vs XM - Frequently Asked Questions

Interactive Brokers vs XM - Headquarters And Year Of Founding

Interactive Brokers was founded in 1977 and has its head office in United States.

XM was founded in 2009 and has its headquaters in Cyprus.

What is the minimum deposit for XM or Interactive Brokers

The minimum deposit for Interactive Brokers is $1.

The minimum deposit for XM is $5.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Interactive Brokers and XM are a good option.

Interactive Brokers vs XM - Regulation And Licencing In More Detail

Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

Both Interactive Brokers and XM have a strong set of rules for ensuring fair trading on their own platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare Interactive Brokers vs XM Commission And Fees

Interactive Brokers and XM are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the number of customers they have.

However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 types of fees for this objective.

The first sort of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you're spending a spread, financing speed, or even a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight rates are those that are charged when you hold a leveraged position for more than a day.

Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake in your account. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.

In general, neither Interactive Brokers or XM charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as daily or weekly trading.

But, non-trading fees charged by Interactive Brokers and XM are comparatively greater. Consequently, you're charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.

This Interactive Brokers vs XM review for 2025 breaks down each of the applicable non-trading charges for you in detail.

Compare Broker Fees For Interactive Brokers And XM

What Languages Do Interactive Brokers And XM Support?

Being able to communicate completely with your trading broker is a key way of comparing brokers to find the best broker. Not only for support but to ensure you understand everything on their website and inside their application as it is a key factor to success when trading online.

Here you will find all the languages that both Interactive Brokers and XM offer communication in.

How Many Clients Do Interactive Brokers and XM Have?

Both Interactive Brokers and XM are well known and trusted. It is important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many customers Interactive Brokers and XM are working with

What Payment Methods Do Interactive Brokers and XM Accept?

Interactive Brokers and XM both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at Interactive Brokers and XM

What Can You Trade With Interactive Brokers and XM?

Interactive Brokers offers 100 trading instruments and XM offers 100.

Below you will find a full breakdown of what both Interactive Brokers and XM offer.