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XM.com VS FXOpen

Compare XM.com VS FXOpen and see what are their differences

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  3. » Reviews
  4. » Alternatives

XM.com logo XM.com

XM.

FXOpen logo FXOpen

FXOpen is a forex and cryptocurrency trading solution that manage the PAMM account and provides all backup with analytics and customer support.
  • XM.com Landing page
    Landing page //
    2023-08-24
  • FXOpen Landing page
    Landing page //
    2023-08-29

XM.com features and specs

No features have been listed yet.

FXOpen features and specs

  • Regulation and Security
    FXOpen is regulated by reputable financial authorities such as the FCA in the UK and ASIC in Australia, which ensures a higher level of security and compliance with industry standards.
  • Wide Range of Trading Instruments
    Offers a variety of trading instruments including forex, cryptocurrencies, commodities, indices, and stocks, allowing traders to diversify their portfolios.
  • Advanced Trading Platforms
    Provides platforms like MetaTrader 4 and MetaTrader 5, which are widely recognized for their advanced trading tools and user-friendly interfaces.
  • Varied Account Types
    FXOpen offers multiple account types such as Micro, STP, and ECN, catering to different trading needs and experience levels.
  • Competitive Spreads
    Offers competitive spreads on various currency pairs, which can lead to lower trading costs for users.

Possible disadvantages of FXOpen

  • Withdrawal Fees
    FXOpen may charge withdrawal fees for certain payment methods, which can add to the cost of transferring funds out of the trading account.
  • Inactivity Fees
    Charges an inactivity fee on dormant accounts, which can be a drawback for traders who do not trade frequently.
  • Limited Educational Resources
    The educational materials provided by FXOpen might be less comprehensive compared to some other brokers, which could be a disadvantage for beginners.
  • Complex Fee Structure
    Has a somewhat complex fee structure, particularly for ECN accounts, which might be challenging for new traders to understand fully.
  • Geographic Limitations
    Certain services and products may not be available to residents of specific countries, which could limit accessibility for some traders.

XM.com videos

+ Add

XM.COM BROKER REVIEW (The Good / The Bad / The Ugly)

More videos:

  • Review - XM.com Forex Broker Review - Should You Trade With Them?

FXOpen videos

+ Add

FXopen Review 2019: ECN Forex Broker by Thediaryofatrader.com

More videos:

  • Review - FXOpen UK Review - Best ECN and STP Forex Broker
  • Review - FXOpen Review By PFOREX.COM

Category Popularity

0-100% (relative to XM.com and FXOpen)

XM.com

FXOpen

Trading
36 36%
Trading
64% 64
Investing
30 30%
Investing
70% 70
Finance
35 35%
Finance
65% 65
Investment
100 100%
Investment
0% 0

User comments

Share your experience with using XM.com and FXOpen. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, XM.com seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

XM.com mentions (1)

  • UK traders
    I recommend AdmiralMarkets, IC Markets, ActivTrades and xm.com, I've heard Oanda is very good too. Source: almost 4 years ago

FXOpen mentions (0)

We have not tracked any mentions of FXOpen yet. Tracking of FXOpen recommendations started around Mar 2021.

What are some alternatives?

When comparing XM.com and FXOpen, you can also consider the following products

FXCM - FXCM is a UK-based Forex Capital Market that offers forex and CFDs trading and a part of Leucadia that is a diversified holding company.

Avatrade - Avatrade is an online and advanced FX & CFD broker that provides personal investment and trading facilities with the help of currency pairs, cryptocurrencies, commodities & indices as well.

OANDA - OANDA is an advanced forex and broker trading platform that helps you in currency data, exchange rate services for the investors and organizations.

EasyMarkets - EasyMarkets is an intuitive and robust online trading solution that trades CFDs on forex, shares & crypto, Indices, and commodities with the help of rated brokers.

Axi - Axitrader is an online trading platform that provides allow you to become a forex trader with the help of currency pairs, symbol and standard presentation, and leverage.

TraderMade Market Data - Forex and CFD Market Data. Try our data solutions for free or gain access to premium data. We provide historical and live forex data for querying, research, analysis and trading startegies.

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