freetrade vs XM, Who's Better?
Read our In-Depth freetrade vs XM Review - Updated for 2026
Our comprehensive analysis of freetrade and XM has been updated to reflect any changes for 2026 from industry experts with considerable expertise across Forex, Social Trading, & CFDs.
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 online trading platforms feature a few pros and cons, so a complete review of freetrade and XM cannnot be regarded as thorough without having an objective perspective.
Examine XM and freetrade to understand how these platforms stack up against each prior to you decide to open an account. Conducting a comprehensive comparison helps to bring aspects in perspective to ensure that you remain cognizant of what you should anticipate.
So you are looking for a professional broker and are choosing between freetrade or XM. Who should you choose?
This freetrade vs XM comparison contains the latest information so you can easily compare XM against freetrade.
If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will get adept at all of the concepts of brokerage as you keep trading. For starters, you need to select the ideal agent who will be transparent with you constantly.
Within 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. freetrade and XM are just two such trading platforms which will take you and your investment into 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 know about trading with either freetrade or XM. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and XM are both brokers which have paved their way successfully to the broker world. In this review, we have attempted to collate a number of the important facets of both freetrade and XM. This review can allow you to know whether either XM or freetrade is a good match for your own investments or not. We have tried to breakdown all of the features and charges for your convenience.
Benefits of freetrade and XM Compared
freetrade has a minimum deposit of $0 while XM offers 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 allows you to trade around 115 financial instruments while XM has around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade and XM 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 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 a broker through many ways is important. freetrade and XM have the following contact details and social medias that you can use.
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| Broker | freetrade | XM |
| 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 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. 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?
freetrade vs XM - Awards
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| Broker | freetrade | XM |
| Awards |
freetrade have won many industry awards over the years they have been running as a financial broker. We detail the most notable awards for freetrade below.
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XM have won numerous industry awards over the years they have been operating as a financial broker. We detail 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 headquaters 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 powerful set of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, customer information 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 many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily affected by the amount of clients they have.
However, this doesn't 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 types of penalties for this objective.
The first sort of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading charges. In such instances, you're spending a spread, funding speed, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are people that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake on your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither freetrade or XM charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often exchange, such as daily or weekly trading.
However, non-trading fees charged by freetrade and XM are relatively competitive. As a result, you are billed more for non-trading actions in your trading account, like deposits and withdrawal. These are not related to the sale and purchase of assets.
This freetrade vs XM review for 2026 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And XM
What Languages Do freetrade And XM Support?
Being able to communicate easily with your online platform is a key part of comparing brokers to find the best trading partner. 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 will find the languages that both freetrade and XM support.
How Many Clients Do freetrade and XM Have?
Both freetrade and XM are well established with their client base. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers 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 and 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?

