XM vs Etrade, Updated for 2025

Compare XM vs Etrade

Every online trading platforms feature a few advantages and disadvantages, so a complete review of XM and Etrade would not be complete without adopting a fair assessment.

Examine XM and Etrade in order to understand how these platforms line up with one another prior to you make an account. Conducting a comparative analysis can put things in perspective in order that you are informed about what to expect.

So you are looking for an online trading platform and are choosing between XM or Etrade. Which one is best in 2025?

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

If you are a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You'll get proficient at all the concepts of broker as you continue trading. For starters, you have to select the ideal broker who'll be transparent with you constantly.

Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. XM and Etrade are two such trading platforms which will take you and your investment to great heights. It's important to compare XM vs Etrade until you trust them with your cash.

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

Our full XM vs Etrade Review covers everything you need to know about trading with either XM or Etrade. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.

There is no sure-fire way to guarantee profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

XM and Etrade are both brokers which have found their way successfully to the broker world. In this review, we've attempted to collate some of the vital aspects of both XM and Etrade. This review will help you to know whether either Etrade or XM is a fantastic match for your investments or not. We've tried to breakdown all the qualities and fees for your advantage.

Benefits of XM and Etrade Compared

XM has a minimum deposit of $5 while Etrade offers a $100 minimum deposit.

Why smaller minimum deposits are good and how XM and Etrade 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 has around 100 financial instruments while Etrade has around 100 financial instruments available.

The more financial instruments you can trade on the XM and Etrade trading 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 XM or Etrade.

XM and Etrade Contact Details

Being able to contact an online trading platform easily is a sign of a professional broker. XM and Etrade have the following contact details and social medias that you can use.

Etrade and XM Mobile App Comparison

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

This part of comparing XM and Etrade will examine whether their mobile app meets all our requirements.

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

Although most brokers do OK in this area, there are some bad apples out there. 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?

XM vs Etrade - Awards

XM vs Etrade - Frequently Asked Questions

XM vs Etrade - Headquarters And Year Of Founding

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

Etrade was founded in 2012 and has its headquaters in United States.

What is the minimum deposit for Etrade or XM

The minimum deposit for XM is $5.

The minimum deposit for Etrade is $100.

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 XM and Etrade are a good option.

XM vs Etrade - 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).

Etrade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Both XM and Etrade have a powerful collection of rules for ensuring fair trading onto their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).

In accordance with their privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare XM vs Etrade Commission And Fees

XM and Etrade are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.

However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three types of penalties for this purpose.

The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, funding rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than daily.

Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They are billed for operations like depositing money, not trading for long periods, or withdrawals.

Generally, neither XM or Etrade charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who often trade, such as daily or weekly trading.

But, non-trading fees billed by XM and Etrade are comparatively higher. As a result, you're billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of resources.

This XM vs Etrade review for 2025 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For XM And Etrade

What Languages Do XM And Etrade Support?

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

Here you will find the languages that both XM and Etrade offer communication in.

How Many Clients Do XM and Etrade Have?

Both XM and Etrade are well established with their customer base. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many users XM and Etrade are active on their platform

What Payment Methods Do XM and Etrade Accept?

XM and Etrade 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 Etrade

What Can You Trade With XM and Etrade?

XM offers 100 trading instruments and Etrade offers 87.

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