freetrade vs XM, Updated for 2025
Read our In-Depth freetrade vs XM Review - for 2025
This comprehensive analysis of freetrade and XM has been revised to reflect any changes for 2025 from knowledgeable insiders boasting considerable expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs XM does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
XM Excluded Countries
Canada, Israel, and United States of America.
Compare freetrade vs XM
All trading platforms will have some advantages and disadvantages, and any comprehensive review of freetrade and XM cannnot be complete without having a fair assessment.
Assess freetrade and XM in order to understand how they line up with one another before you decide to make an account. Conducting a side-by-side comparison will bring aspects in perspective to ensure that you're informed about what to expect.
So you are looking for a reputable broker and are choosing between freetrade or XM. Who should you choose?
Our freetrade vs XM comparison contains the latest information so you can easily compare XM against freetrade.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll acquire adept at all of the concepts of brokerage as you keep trading. For starters, you need to select the right broker who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. freetrade and XM are just two such platforms which will take you and your investment to great heights. It's crucial to compare freetrade vs XM until you trust them with your money.
Our freetrade vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and XM side by side.
Our full freetrade vs XM Review covers all you need to learn about trading using either freetrade or XM. A good broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your agent before you choose them. It's a frequent misconception that all brokers are the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
freetrade and XM are both brokers which have paved their way successfully into the brokerage world. Within this review, we have tried to collate a number of the vital facets of both freetrade and XM. This review can allow you to understand whether either XM or freetrade is a fantastic fit for your own investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of freetrade and XM Compared
freetrade offers a minimum deposit of $0 while XM has a $5 minimum deposit.
Why smaller minimum deposits are good and how freetrade and XM 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.
freetrade has around 115 financial instruments whilst XM has around 115 available.
The more instruments you can trade on the freetrade and XM 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 never want to miss out on a trading opportunity due to the limitations of freetrade or XM.
freetrade and XM Contact Details
Being able to contact your broker simply is a sign of a professional broker. freetrade and XM have the following contact details and social medias that you can use.
Broker | freetrade | XM |
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Telephone Number | +44 203 488 2539 | +357 250 29933 |
hello@freetrade.io | support@xm.com | |
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus |
freetrade Twitter Account | XM Twitter Account | |
freetrade Facebook Page | XM Facebook Page | |
freetrade Instagram Account | XM Instagram Account | |
freetrade LinkedIn Page | XM LinkedIn Page | |
YouTube | freetrade YouTube Channel | XM YouTube Channel |
Find Out More |
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XM and freetrade 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 freetrade and XM 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 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 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?
freetrade vs XM - Awards
Broker | freetrade | XM |
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Awards |
freetrade have won numerous industry awards over the time they have been operating as an online broker. We detail the most notable awards for freetrade below.
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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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Find Out More |
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freetrade vs XM - Frequently Asked Questions
freetrade vs XM - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
XM was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for XM or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for XM is $5.
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 freetrade and XM are a good choice.
freetrade vs XM - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both freetrade and XM have a strong collection of rules for ensuring honest trading on their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs XM Commission And Fees
freetrade and XM are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an online broker isn't necessarily affected by the amount 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 3 types of penalties for this objective.
The first kind of charges to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In these cases, you're paying a spread, funding speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are those that are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither freetrade or XM charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees charged by freetrade and XM are relatively higher. As a result, you're charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of assets.
This freetrade vs XM review for 2025 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And XM
What Languages Do freetrade And XM Support?
Being able to chat completely with your trading broker is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you will find all the languages that both freetrade and XM offer communication in.
How Many Clients Do freetrade and XM Have?
Both freetrade and XM are well known and trusted. It is really important to work with an online broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients freetrade and XM are active on their platform
What Payment Methods Do freetrade and XM Accept?
freetrade and XM 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 freetrade and XM
What Can You Trade With freetrade and XM?
freetrade offers 115 trading instruments while XM offers 100.
Below you will find a full breakdown of what both freetrade and XM offer.
freetrade Review
freetrade vs XM:
Table Of Contents
- Compare freetrade vs XM
- Benefits of freetrade and XM Compared
- XM and freetrade Mobile App Comparison
- freetrade vs XM - Awards
- freetrade vs XM - Frequently Asked Questions
- What is the minimum deposit for XM or freetrade
- freetrade vs XM - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And XM
- What Languages Do freetrade And XM Support?
- How Many Clients Do freetrade and XM Have?
- What Payment Methods Do freetrade and XM Accept?
- What Can You Trade With freetrade and XM?