XM vs speedtrader, Updated for 2025

Compare XM vs speedtrader

Each platforms for online trading will have some ups and downs, so a complete XM and speedtrader review cannnot be complete without embracing an objective perspective.

Compare speedtrader and XM in order to understand just how they line up with each prior to you choose to create an account. Conducting a comprehensive comparison helps to bring aspects in perspective in order that you're cognizant of what you should anticipate.

So you are looking for a broker and are choosing between XM or speedtrader. Which one is best in 2025?

Our XM vs speedtrader comparison contains the latest information so you can easily compare speedtrader against XM.

If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll acquire proficient at all the concepts of broker since you keep trading. For starters, you have to select the ideal broker who'll be transparent with you constantly.

Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. XM and speedtrader are just two such platforms that will take you and your investment into great heights. It is crucial that you compare XM vs speedtrader before you trust them with your cash.

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

Our entire XM vs speedtrader Review covers all you will need to learn about trading using either XM or speedtrader. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.

There's absolutely no sure-fire method to guarantee profits; thus, you should carefully analyze your broker before you choose them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments in danger.

XM and speedtrader are both brokers which have paved their way successfully to the brokerage world. Within this review, we've tried to collate a number of the important aspects of both XM and speedtrader. This review will help you to understand whether either speedtrader or XM is a fantastic fit for your investments or not. We have tried to breakdown all the features and charges for your convenience.

Benefits of XM and speedtrader Compared

XM offers a minimum deposit of $5 while speedtrader has a $250 minimum deposit.

Why smaller minimum deposits are good and how XM and speedtrader 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 speedtrader has around 100 on their platform.

The more instruments you can trade on the XM and speedtrader 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 speedtrader.

XM and speedtrader Contact Details

Being able to contact your broker through many ways is vital. XM and speedtrader have the following contact details and social medias that you can use.

speedtrader 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 speedtrader 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 the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

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

XM vs speedtrader - Frequently Asked Questions

XM vs speedtrader - Headquarters And Year Of Founding

XM was founded in 2009 and has its head office in Cyprus.

speedtrader was founded in 2017 and has its headquaters in Netherlands.

What is the minimum deposit for speedtrader or XM

The minimum deposit for XM is $5.

The minimum deposit for speedtrader 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 speedtrader are a good option.

XM vs speedtrader - 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).

speedtrader 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-F308.

Both XM and speedtrader have a strong set of rules for ensuring fair trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).

As per their privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare XM vs speedtrader Commission And Fees

XM and speedtrader are online brokerage 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 much better. In other words, an internet 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 prices of varying rates for a variety of services to make money. There are primarily three types of fees for this objective.

The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you are paying a spread, funding rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are people that are billed when you hold a leveraged position for more than a day.

Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.

In general, neither XM or speedtrader charge high fees in comparison to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who regularly trade, such as weekly or daily trading.

But, non-trading fees charged by XM and speedtrader are comparatively greater. Consequently, you're charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These are not about the sale and purchase of assets.

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

Compare Broker Fees For XM And speedtrader

What Languages Do XM And speedtrader Support?

Being able to talk easily with your online broker is a key element when comparing brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.

Below you can find all the languages that both XM and speedtrader support.

How Many Clients Do XM and speedtrader Have?

Both XM and speedtrader are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many users XM and speedtrader are working with

What Payment Methods Do XM and speedtrader Accept?

XM and speedtrader 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 speedtrader

What Can You Trade With XM and speedtrader?

XM offers 100 trading instruments and speedtrader offers 191.

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