XM vs easyMarkets, Who's The Best?
Read our In-Depth XM vs easyMarkets Review - 2024 Update
This comprehensive analysis of XM and easyMarkets has been refreshed for 2024 by knowledgeable insiders boasting significant financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of XM vs easyMarkets does not apply to all countries as follows:
XM Excluded Countries
Canada, Israel, and United States of America.
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Compare XM vs easyMarkets
Each trading platforms will have some ups and downs, so a complete analysis of XM vs easyMarkets cannnot be regarded as thorough without having an objective perspective.
Examine easyMarkets and XM to understand the way they line up against each prior to you decide to create an account. Performing a comprehensive comparison helps to place factors into perspective in order that you remain cognizant of the expectations.
So you are looking for a professional broker and are choosing between XM or easyMarkets. Which one is best in 2024?
This XM vs easyMarkets comparison contains the most recent information so you can easily compare easyMarkets against XM.
If you are a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You will acquire adept at all the concepts of brokerage since you continue trading. For starters, you have to select the ideal agent who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. XM and easyMarkets are two such stages that will take you and your investment to great heights. It's important to compare XM vs easyMarkets before you trust them with your money.
Our XM vs easyMarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and easyMarkets side by side.
Our full XM vs easyMarkets Review covers all you need to know about trading with either XM or easyMarkets. A fantastic agent can multiply your initial investments and give you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investment goals.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It is a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
XM and easyMarkets are both brokers that have forged their way successfully to the brokerage world. Within this review, we've attempted to collate a number of the important facets of both XM and easyMarkets. This review can allow you to know whether either easyMarkets or XM is a good match for your investments or not. We have tried to breakdown all of the qualities and fees for your convenience.
Benefits of XM and easyMarkets Compared
XM has a minimum deposit of $5 while easyMarkets has a $100 minimum deposit.
Why smaller minimum deposits are good and how XM and easyMarkets 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 whilst easyMarkets allows you to trade around 100 financial instruments available.
The more financial instruments you can trade on the XM and easyMarkets 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 easyMarkets.
XM and easyMarkets Contact Details
Being able to contact a broker simply is vital. XM and easyMarkets have the following contact details and social medias that you can use.
Broker | XM | easyMarkets |
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Telephone Number | +357 250 29933 | +357 25 828 899 |
support@xm.com | support@easymarkets.com | |
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | 1 Griva Digheni, Limassol, Limassol 3035, CY |
XM Twitter Account | easyMarkets Twitter Account | |
XM Facebook Page | easyMarkets Facebook Page | |
XM Instagram Account | easyMarkets Instagram Account | |
XM LinkedIn Page | easyMarkets LinkedIn Page | |
YouTube | XM YouTube Channel | easyMarkets YouTube Channel |
Find Out More |
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easyMarkets 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 easyMarkets we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the 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 easyMarkets - Awards
Broker | XM | easyMarkets |
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Awards |
XM have won several industry awards over the years they have been operating as an online broker. We detail the most recognised awards for XM here.
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easyMarkets have won a lot of industry awards over the years they have been running as an online broker. We show the most recognised awards for easyMarkets below.
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Find Out More |
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XM vs easyMarkets - Frequently Asked Questions
XM vs easyMarkets - Headquarters And Year Of Founding
XM was founded in 2009 and has its head office in Cyprus.
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
What is the minimum deposit for easyMarkets or XM
The minimum deposit for XM is $5.
The minimum deposit for easyMarkets 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 easyMarkets are a good choice.
XM vs easyMarkets - 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).
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both XM and easyMarkets have a powerful set of rules for ensuring honest trading onto their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare XM vs easyMarkets Commission And Fees
XM and easyMarkets are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. That is, an internet broker isn't necessarily influenced by the number of clients they have.
But this does not 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 different types of fees for this objective.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, 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 could be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are billed when you maintain a leveraged position for longer than daily.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They're charged for surgeries like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither XM or easyMarkets charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees charged by XM and easyMarkets are relatively competitive. Consequently, you're charged more for non-trading actions in your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of assets.
This XM vs easyMarkets review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For XM And easyMarkets
What Languages Do XM And easyMarkets Support?
Being able to talk easily with your online broker is a key part of comparing online brokers to find the best broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading online.
Here you will find the languages that both XM and easyMarkets offer communication in.
How Many Clients Do XM and easyMarkets Have?
Both XM and easyMarkets are well established with their client base. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers XM and easyMarkets are active on their platform
What Payment Methods Do XM and easyMarkets Accept?
XM and easyMarkets 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 easyMarkets
What Can You Trade With XM and easyMarkets?
XM offers 100 trading instruments whilst easyMarkets offers 200.
Below you will find a full breakdown of what both XM and easyMarkets offer.
XM Review
XM vs easyMarkets:
Table Of Contents
- Compare XM vs easyMarkets
- Benefits of XM and easyMarkets Compared
- easyMarkets and XM Mobile App Comparison
- XM vs easyMarkets - Awards
- XM vs easyMarkets - Frequently Asked Questions
- What is the minimum deposit for easyMarkets or XM
- XM vs easyMarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For XM And easyMarkets
- What Languages Do XM And easyMarkets Support?
- How Many Clients Do XM and easyMarkets Have?
- What Payment Methods Do XM and easyMarkets Accept?
- What Can You Trade With XM and easyMarkets?