XM vs Ellevest, 2025 Update

Compare XM vs Ellevest

Each trading platforms has some advantages and disadvantages, and a complete review of XM and Ellevest should not be regarded as thorough without having an objective perspective.

Assess XM and Ellevest to understand how these platforms compare against each other before you make an account. A comprehensive comparison helps to put things into perspective to ensure that you remain cognizant of what you should anticipate.

So you are looking for a professional broker and are choosing between XM or Ellevest. Which one is best in 2025?

Our XM vs Ellevest comparison contains the latest information so you can easily compare Ellevest against XM.

If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of brokerage as you continue trading. For starters, you need to choose the ideal broker who will be clear with you constantly.

Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. XM and Ellevest are just two such companies that will take you and your investment into great heights. It's important to compare XM vs Ellevest until you trust them with your money.

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

Our entire XM vs Ellevest Review covers everything you need to know about trading using either XM or Ellevest. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.

There's absolutely no sure-fire method to guarantee profits; thus, you should carefully analyze your broker before you choose them. It is a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments at risk.

XM and Ellevest are both brokers that have paved their way successfully into the brokerage world. In this review, we've attempted to collate some of the important facets of both XM and Ellevest. This review will allow you to understand whether either Ellevest or XM is a good match for your investments or not. We have attempted to breakdown all of the qualities and charges for your advantage.

Benefits of XM and Ellevest Compared

XM offers a minimum deposit of $5 while Ellevest offers a $1 minimum deposit.

Why smaller minimum deposits are good and how XM and Ellevest 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.

XM allows you to trade around 100 financial instruments whilst Ellevest has around 100 available.

The more financial instruments you can trade on the XM and Ellevest 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 seriously do not want to miss out on a trading opportunity due to the limitations of XM or Ellevest.

XM and Ellevest Contact Details

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

Ellevest and XM 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 XM and Ellevest 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?

XM vs Ellevest - Awards

XM vs Ellevest - Frequently Asked Questions

XM vs Ellevest - Headquarters And Year Of Founding

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

Ellevest was founded in 2008 and has its head office in USA.

What is the minimum deposit for Ellevest or XM

The minimum deposit for XM is $5.

The minimum deposit for Ellevest is $1.

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 XM and Ellevest are a good option.

XM vs Ellevest - Regulation And Licencing In More Detail

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

Ellevest is regulated by Unregulated.

Ellevest is unregulated but XM has a strong collection of rules for ensuring fair trading onto its platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).

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

Compare XM vs Ellevest Commission And Fees

XM and Ellevest are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily influenced by the number of customers they have.

However, this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this purpose.

The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, funding speed, or even a commission. The sorts of trading fees and the rates vary from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight prices are those who are billed when you maintain a leveraged position for longer than daily.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing money, not investing for long periods, or withdrawals.

In general, neither XM or Ellevest charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often exchange, for example daily or weekly trading.

But, non-trading fees billed by XM and Ellevest are relatively higher. Consequently, you're billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of assets.

This XM vs Ellevest review for 2025 breaks down each of the applicable non-trading fees for you in detail.

Compare Broker Fees For XM And Ellevest

What Languages Do XM And Ellevest Support?

Being able to chat easily with your online broker is a key element when comparing brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.

Here you can find the languages that both XM and Ellevest support.

How Many Clients Do XM and Ellevest Have?

Both XM and Ellevest are well known and trusted. It is important to work with a broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.

Below you will find details of how many clients XM and Ellevest have

What Payment Methods Do XM and Ellevest Accept?

XM and Ellevest 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 XM and Ellevest

What Can You Trade With XM and Ellevest?

XM offers 100 trading instruments while Ellevest offers 275.

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