PUPRIME vs XM, Who's Better?
Read our In-Depth PUPRIME vs XM Review - 2023 Update
Our comprehensive analysis of PUPRIME and XM has been revised for 2023 from industry experts with years of expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of PUPRIME vs XM does not apply to all countries as follows:
PUPRIME Excluded Countries
Singapore, United States of America, Australia, Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Botswana, Central African Republic, China, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Montenegro, Myanmar, Democratic Peoples Republic of Korea, Russian Federation, Serbia, Sierra Leone, Somalia, Sudan, Syrian Arab Republic, Tunisia, Ukraine, US Virgin Islands, Yemen, and Zimbabwe.
XM Excluded Countries
Canada, Israel, and United States of America.
Compare PUPRIME vs XM
Every online trading platforms feature some pros and cons, and any comprehensive analysis of PUPRIME vs XM cannnot be complete without having a fair assessment.
Assess XM and PUPRIME to understand just how they line up with each other prior to you decide to make an account. A side-by-side comparison helps to place factors into perspective so that you are informed about what to expect.
So you are looking for a professional broker and are choosing between PUPRIME or XM. Which one is best in 2023?
This PUPRIME vs XM comparison contains the most recent information so you can easily compare XM against PUPRIME.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll acquire adept at all the concepts of brokerage as you continue trading. For starters, you need to choose the ideal broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. PUPRIME and XM are two such companies that will take you along with your investment to great heights. It is crucial to compare PUPRIME vs XM until you trust them with your money.
Our PUPRIME vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust PUPRIME and XM side by side.
Our entire PUPRIME vs XM Review covers everything you need to know about trading using either PUPRIME or XM. A good broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you choose them. It is a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
PUPRIME and XM are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the vital aspects of both PUPRIME and XM. This review will help you to understand whether either XM or PUPRIME is a fantastic match for your investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of PUPRIME and XM Compared
PUPRIME has a minimum deposit of $50 while XM offers a $5 minimum deposit.
Why smaller minimum deposits are good and how PUPRIME 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.
PUPRIME has around 1500 financial instruments whilst XM allows you to trade around 1500 financial instruments on their platform.
The more instruments you can trade on the PUPRIME 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 should never want to miss out on a trading opportunity due to the limitations of PUPRIME or XM.
PUPRIME and XM Contact Details
Being able to contact your broker simply is important. PUPRIME and XM have the following contact details and social medias that you can use.
|Telephone Number||+248 4671 948||+357 250 29933|
|Address||9A, CT House, Providence, Mahe, Seychelles.||12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus|
|PUPRIME Twitter Account||XM Twitter Account|
|PUPRIME Facebook Page||XM Facebook Page|
|PUPRIME Instagram Account||XM Instagram Account|
|PUPRIME LinkedIn Page||XM LinkedIn Page|
|YouTube||PUPRIME YouTube Channel||XM YouTube Channel|
|Find Out More||
XM and PUPRIME Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing PUPRIME and XM will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
PUPRIME vs XM - Awards
PUPRIME have won numerous industry awards over the time they have been operating as an online broker. We show the most recognised awards for PUPRIME here.
XM have won numerous industry awards over the time they have been running as an online trading platform. We list the most notable awards for XM here.
|Find Out More||
PUPRIME vs XM - Frequently Asked Questions
PUPRIME vs XM - Headquarters And Year Of Founding
PUPRIME was founded in 2015 and has its headquaters in Seychelles.
XM was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for XM or PUPRIME
The minimum deposit for PUPRIME is $50.
The minimum deposit for XM is $5.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both PUPRIME and XM are a good choice.
PUPRIME vs XM - Regulation And Licencing In More Detail
PUPRIME is regulated by Pacific Union (Seychelles) Limited is authorised and regulated by the Financial Services Authority of Seychelles with License No. SD050. PU Prime (PTY) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under licence number 52218.
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both PUPRIME and XM have a powerful collection of rules for ensuring fair trading onto their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare PUPRIME vs XM Commission And Fees
PUPRIME and XM are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily affected by the amount of customers they have.
But this doesn't necessarily 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 different types of penalties for this purpose.
The first kind of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you are spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither PUPRIME or XM charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often exchange, such as daily or weekly trading.
However, non-trading fees charged by PUPRIME and XM are relatively greater. As a result, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This PUPRIME vs XM review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For PUPRIME And XM
What Languages Do PUPRIME And XM Support?
Being able to talk completely with your online platform is a key part of comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find the languages that both PUPRIME and XM offer communication in.
How Many Clients Do PUPRIME and XM Have?
Both PUPRIME and XM are well established with their customer base. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers PUPRIME and XM are active on their platform
What Payment Methods Do PUPRIME and XM Accept?
PUPRIME 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 PUPRIME and XM
What Can You Trade With PUPRIME and XM?
PUPRIME offers 1500 trading instruments while XM offers 100.
Below you will find a full breakdown of what both PUPRIME and XM offer.
PUPRIME vs XM:
Table Of Contents
- Compare PUPRIME vs XM
- Benefits of PUPRIME and XM Compared
- XM and PUPRIME Mobile App Comparison
- PUPRIME vs XM - Awards
- PUPRIME vs XM - Frequently Asked Questions
- What is the minimum deposit for XM or PUPRIME
- PUPRIME vs XM - Regulation And Licencing In More Detail
- Compare Broker Fees For PUPRIME And XM
- What Languages Do PUPRIME And XM Support?
- How Many Clients Do PUPRIME and XM Have?
- What Payment Methods Do PUPRIME and XM Accept?
- What Can You Trade With PUPRIME and XM?