XM vs easyMarkets, Updated for 2024

Compare XM vs easyMarkets

Every online trading platforms has certain advantages and disadvantages, and a complete review of XM and easyMarkets should not be complete without embracing a fair assessment.

Assess XM and easyMarkets to get a better understanding of the way they stack up against each prior to you decide to make an account. Performing a side-by-side comparison can bring aspects into perspective so that you remain aware of what you should anticipate.

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 latest information so you can easily compare easyMarkets 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 analyzing skills and comprehensive understanding. You'll acquire adept at all the concepts of brokerage as you keep trading. For starters, you need to select the right agent who'll be transparent with you always.

In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. XM and easyMarkets are just two such stages which will take you and your investment into great heights. It's important to compare XM vs easyMarkets until 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 everything you will need to learn about trading using either XM or easyMarkets. A good agent can multiply your first investments and provide you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment goals.

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

XM and easyMarkets are both brokers which have forged their way successfully into the brokerage world. In this review, we have attempted to collate a number of the important facets of both XM and easyMarkets. This review can help you to understand whether either easyMarkets or XM is a good match for your own investments or not. We've attempted to breakdown all the qualities and charges for your convenience.

Benefits of XM and easyMarkets Compared

XM has a minimum deposit of $5 while easyMarkets offers 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 allows you to trade around 100 financial instruments while easyMarkets allows you to trade around 100 financial instruments available.

The more 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 an online trading platform through many ways is a sign of a professional broker. XM and easyMarkets have the following contact details and social medias that you can use.

easyMarkets 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 easyMarkets will examine whether their mobile app meets all our requirements.

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

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 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

XM vs easyMarkets - Frequently Asked Questions

XM vs easyMarkets - Headquarters And Year Of Founding

XM was founded in 2009 and has its headquaters 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 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 easyMarkets are a good option.

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 strong set of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).

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

Compare XM vs easyMarkets Commission And Fees

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

However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of penalties for this purpose.

The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're paying a spread, financing speed, or a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those who are charged 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 actions you undertake on your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.

Generally, neither XM or easyMarkets charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often trade, for example daily or weekly trading.

But, non-trading fees billed by XM and easyMarkets are comparatively higher. Consequently, you are charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of resources.

This XM vs easyMarkets review for 2024 breaks down each of the relevant non-trading fees for you in detail.

Compare Broker Fees For XM And easyMarkets

What Languages Do XM And easyMarkets Support?

Being able to communicate easily with your trading broker is a key part of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their app as it is a key part of success when trading forex.

Here you can 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 customer base. It is really important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers they already work with.

Below you will find details of how many users 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 while easyMarkets offers 200.

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