XM vs forex4you, 2024 Update
XM Rating
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forex4you 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 forex4you Guide |
Read our In-Depth XM vs forex4you Review - Updated for 2024
Our XM vs forex4you review has been refreshed for 2024 from knowledgeable insiders boasting significant financial experience across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of XM vs forex4you does not apply to all countries as follows:
XM Excluded Countries
Canada, Israel, and United States of America.
forex4you Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare XM vs forex4you
All platforms for online trading feature a few ups and downs, and any comprehensive review of XM and forex4you should not be complete without adopting a balanced approach.
Examine forex4you and XM in order to understand the way these platforms compare against each other before you create an account. A side-by-side comparison can put things in perspective so that you're cognizant of what to expect.
So you are looking for a broker and are choosing between XM or forex4you. Who is better in 2024?
Our XM vs forex4you comparison contains the most recent information so you can easily compare forex4you against XM.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire adept at all the concepts of brokerage since you continue trading. For starters, you have to select the right agent who will be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. XM and forex4you are just two such trading platforms that will take you and your investment into great heights. It's important that you compare XM vs forex4you before you trust them with your money.
Our XM vs forex4you comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and forex4you side by side.
Our entire XM vs forex4you Review covers all you need to know about trading with either XM or forex4you. A fantastic broker can multiply your initial investments and provide you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you select them. It's a common misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
XM and forex4you are both brokers which have paved their way successfully to the broker world. In this review, we've attempted to collate some of the vital facets of both XM and forex4you. This review will help you to understand whether either forex4you or XM is a fantastic match for your own investments or not. We've tried to breakdown all the features and fees for your convenience.
Benefits of XM and forex4you Compared
XM has a minimum deposit of $5 while forex4you offers a $250 minimum deposit.
Why smaller minimum deposits are good and how XM and forex4you 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 forex4you has around 100 financial instruments available.
The more financial instruments you can trade on the XM and forex4you 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 forex4you.
XM and forex4you Contact Details
Being able to contact your broker through many ways is important. XM and forex4you have the following contact details and social medias that you can use.
Broker | XM | forex4you |
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Telephone Number | +357 250 29933 | |
support@xm.com | ||
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | |
XM Twitter Account | forex4you Twitter Account | |
XM Facebook Page | forex4you Facebook Page | |
XM Instagram Account | forex4you Instagram Account | |
XM LinkedIn Page | forex4you LinkedIn Page | |
YouTube | XM YouTube Channel | forex4you YouTube Channel |
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forex4you 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.
In this part of our comparison of XM and forex4you we'll check whether either of their mobile apps tick all the boxes.
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 forex4you - Awards
Broker | XM | forex4you |
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Awards |
XM have won many industry awards over the years they have been operating as an online trading platform. We show the most notable awards for XM here.
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At the time of writing this forex4you review, and despite forex4you’s impressive offering, the company has surprisingly not garnered any awards to date. |
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XM vs forex4you - Frequently Asked Questions
XM vs forex4you - Headquarters And Year Of Founding
XM was founded in 2009 and has its headquaters in Cyprus.
forex4you was founded in 2020 and has its headquaters in UK.
What is the minimum deposit for forex4you or XM
The minimum deposit for XM is $5.
The minimum deposit for forex4you is $250.
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 forex4you are a good choice.
XM vs forex4you - 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).
forex4you 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-F227.
Both XM and forex4you have a strong set of rules for ensuring honest trading onto their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare XM vs forex4you Commission And Fees
XM and forex4you 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 internet broker isn't necessarily influenced by the amount of clients they have.
But this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly 3 types of penalties for this objective.
The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are spending a spread, funding speed, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake in your account. They're billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
In general, neither XM or forex4you charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by XM and forex4you are relatively greater. Consequently, you are charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't about the sale and purchase of assets.
This XM vs forex4you review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For XM And forex4you
What Languages Do XM And forex4you Support?
Being able to talk completely with your online broker 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 factor to success when trading online.
Below you will find the languages that both XM and forex4you support.
How Many Clients Do XM and forex4you Have?
Both XM and forex4you are well established with their customer base. It is important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers XM and forex4you are active on their platform
Broker | XM | forex4you |
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Clients / Users | 3,500,000+ | 142,500+ |
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What Payment Methods Do XM and forex4you Accept?
XM and forex4you 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 forex4you
What Can You Trade With XM and forex4you?
XM offers 100 trading instruments and forex4you offers 110.
Below you will find a full breakdown of what both XM and forex4you offer.
XM Review
XM vs forex4you:
Table Of Contents
- Compare XM vs forex4you
- Benefits of XM and forex4you Compared
- forex4you and XM Mobile App Comparison
- XM vs forex4you - Awards
- XM vs forex4you - Frequently Asked Questions
- What is the minimum deposit for forex4you or XM
- XM vs forex4you - Regulation And Licencing In More Detail
- Compare Broker Fees For XM And forex4you
- What Languages Do XM And forex4you Support?
- How Many Clients Do XM and forex4you Have?
- What Payment Methods Do XM and forex4you Accept?
- What Can You Trade With XM and forex4you?