XM vs afx group, Who's The Best?
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XM Rating
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afx group Rating
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77.29% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
XM vs afx group Guide |
Read our In-Depth XM vs afx group Review - Updated for 2025
This review comparing XM and afx group has been updated for 2025 from knowledgeable insiders boasting considerable expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of XM vs afx group does not apply to all countries as follows:
XM Excluded Countries
Canada, Israel, and United States of America.
afx group Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare XM vs afx group
All trading platforms will have a few ups and downs, so a complete review of XM and afx group should not be complete without having an objective perspective.
Compare afx group and XM to get a better understanding of the way these platforms line up against each prior to you choose to make an account. Conducting a comparative analysis can put things in perspective in order that you remain informed about what you should anticipate.
So you are looking for a professional broker and are choosing between XM or afx group. Which one is best in 2025?
This XM vs afx group comparison contains the latest information so you can easily compare afx group 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 area of trading demands expert assessing skills and thorough knowledge. You'll get adept at all the concepts of broker as you continue trading. For starters, you have to select the right agent who'll be clear with you constantly.
Within 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 create hefty returns. XM and afx group are two such stages which will take you and your investment into great heights. It is important to compare XM vs afx group until you trust them with your money.
Our XM vs afx group comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and afx group side by side.
Our entire XM vs afx group Review covers all you need to know about trading using either XM or afx group. A good agent can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
XM and afx group are both brokers which have forged their way successfully to the broker world. Within this review, we've tried to collate some of the important facets of both XM and afx group. This review will help you to understand whether either afx group or XM is a fantastic match for your investments or not. We have tried to breakdown all of the qualities and fees for your convenience.
Benefits of XM and afx group Compared
XM offers a minimum deposit of $5 while afx group offers a $250 minimum deposit.
Why smaller minimum deposits are good and how XM and afx group 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 afx group allows you to trade around 100 financial instruments available.
The more instruments you can trade on the XM and afx group 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 seriously do not want to miss out on a trading opportunity due to the limitations of XM or afx group.
XM and afx group Contact Details
Being able to contact an online trading platform easily is vital. XM and afx group have the following contact details and social medias that you can use.
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Broker | XM | afx group |
Telephone Number | +357 250 29933 | |
support@xm.com | ||
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | |
XM Twitter Account | afx group Twitter Account | |
XM Facebook Page | afx group Facebook Page | |
XM Instagram Account | afx group Instagram Account | |
XM LinkedIn Page | afx group LinkedIn Page | |
YouTube | XM YouTube Channel | afx group YouTube Channel |
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afx group 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.
In this part of our comparison of XM and afx group 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 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. 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 afx group - Awards
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Broker | XM | afx group |
Awards |
XM have won many industry awards over the time they have been running as a financial broker. We show the most notable awards for XM here.
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At the time of writing this afx group review, and despite afx group’s impressive offering, the company has surprisingly not garnered any awards to date. |
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XM vs afx group - Frequently Asked Questions
XM vs afx group - Headquarters And Year Of Founding
XM was founded in 2009 and has its headquaters in Cyprus.
afx group was founded in 2013 and has its headquaters in Geneva.
What is the minimum deposit for afx group or XM
The minimum deposit for XM is $5.
The minimum deposit for afx group is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and afx group are a good option.
XM vs afx group - 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).
afx group is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220.
Both XM and afx group have a strong set of rules for ensuring honest trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare XM vs afx group Commission And Fees
XM and afx group are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you're spending a spread, financing rate, or even a commission. The kinds of trading charges 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. Funding or overnight prices are those that are billed when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for operations like depositing cash, not trading for long periods, or withdrawals.
In general, neither XM or afx group 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 can be beneficial for people who often trade, for example daily or weekly trading.
But, non-trading fees charged by XM and afx group are relatively higher. As a result, you're billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This XM vs afx group review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For XM And afx group
What Languages Do XM And afx group Support?
Being able to talk completely with your online platform is a key way of comparing brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Below you will find all the languages that both XM and afx group offer communication in.
How Many Clients Do XM and afx group Have?
Both XM and afx group are well established with their client base. It is really important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients XM and afx group are active on their platform
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Broker | XM | afx group |
Clients / Users | 3,500,000+ | 14,000,000+ |
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What Payment Methods Do XM and afx group Accept?
XM and afx group 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 afx group
What Can You Trade With XM and afx group?
XM offers 100 trading instruments whilst afx group offers 103.
Below you will find a full breakdown of what both XM and afx group offer.
XM Review
XM vs afx group:
Table Of Contents
- Compare XM vs afx group
- Benefits of XM and afx group Compared
- afx group and XM Mobile App Comparison
- XM vs afx group - Awards
- XM vs afx group - Frequently Asked Questions
- What is the minimum deposit for afx group or XM
- XM vs afx group - Regulation And Licencing In More Detail
- Compare Broker Fees For XM And afx group
- What Languages Do XM And afx group Support?
- How Many Clients Do XM and afx group Have?
- What Payment Methods Do XM and afx group Accept?
- What Can You Trade With XM and afx group?