Home
Brokers

Degiro vs XM

Degiro or XM – which is better for UK traders 2024? Compare Degiro and XM in this detailed breakdown of their platforms, features and fees.

Degiro vs XM Comparison Table 2024
Degiro	XM

2.8	4.4
Degiro is ranked #118 among UK brokers.	XM is ranked #10 among CFD brokers.
Review	Review
Degiro has closed or no longer accepts UK clients. DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.	XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been known for its low fees on 1000+ instruments. XM is regulated by multiple financial bodies, including the ASIC and CySEC.
Investing involves risk of loss
Pros
Low minimum deposit Multiple account currencies Commission-free stock trading Access 50 exchanges in 30 countries Beginner-friendly platform and app Regulated by BaFin and FCA No inactivity fee 90+ global awards 2+ million users	XM continues to deliver diverse and multilingual educational materials and offers a useful live education schedule for its webinars and insights 1000+ instruments are available, including recently added thematic indices, providing exposure to emerging industries Transparent and low fees with spreads from 0.0 pips that will help protect trading profit margins The broker offers premium research including market sentiment, fundamental insights and strategy builders Accessible trading accounts with a $5 minimum deposit and fast account opening Powerful MT4 and MT5 platforms are available with 60+ and 80+ technical charting tools XM is a hugely respected broker authorized by tier-one regulators
Cons
No copy trading No demo account No MT4 integration No CFD trading Few payment methods	There is weak regulatory oversight through the global entity There's $5 inactivity fee after only 3 months, though this won't affect active traders PayPal deposits are not supported
Awards
Best Online Broker - Qualebroker 2022 (Italy) Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy) Best Discount Broker - Broker Chooser 2022 (UK) Best Broker For Stock Trading - Broker Chooser 2022 (UK)	The Best Crypto CFDs 2022 - Financial Expo Egypt Best FX Service Provider 2022 - City of London Wealth Management Awards Best MT4/MT5 Broker 2021 - DayTrading.com Best FX Educational Broker in the MENA region 2021 - Dubai Expo Awards Best Trading Experience 2021 - Ultimate Fintech Best FX Service Provider 2021 - City of London Wealth Management Awards Best Broker in Customer Service 2020 - FX168 Global Forex Broker of the Year 2020 - Global Forex Awards
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
Stocks, ETFs, Bonds, Futures, Options, Warrants	Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto, Futures
Demo Account
No	Yes
Minimum Deposit
$0	$5
Payment Methods
Sofort Trustly Wire Transfer	Apple Pay Credit Cards Debit Card Google Pay Neteller Perfect Money Skrill Visa Wire Transfer
Minimum Trade
Variable	0.01 Lots
Regulator
BaFin, FCA	ASIC, CySEC, DFSA, FSC, FSCA
Mobile Apps
iOS, Android & Windows	iOS, Android & Windows
Trading App
	XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s 1000+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to trade from your hand.
iOS App Rating
	4.7
Android App Rating
	3.9
Margin Trading
Yes	Yes
Margin Rate
4%	0.2%
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	XM global offers a pre-integrated signals service via the MT5 platform. Aspiring investors can view detailed performance metrics and copy the trades of strategy managers. It's easy to set up, only requiring a handful of steps after logging in to your MQL5 community account.
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$5
Islamic Account
No	Yes
Account Currencies
USD EUR GBP SEK NOK DKK CHF PLN CZK	USD EUR GBP AUD JPY ZAR CHF SGD PLN HUF
Commodities
Gasoline Oil Gold Silver Livestock Copper Aluminium Cotton Coffee Cannabis	Cocoa Coffee Corn Cotton Copper Soybeans Sugar Wheat Gold Silver Oil Natural Gas
CFD
DEGIRO do not offer CFDs	Traders can speculate on leveraged CFDs with zero commissions, spanning popular markets including currencies, equities and commodities. Additionally, the MetaTrader platforms collectively offer dozens of advanced technical indicators built for short-term strategies.
Leverage
	1:30
FTSE Spread
N/A	1.5 pts
GBPUSD Spread<
N/A	1.9
Oil Spread
N/A	0.03
Stocks Spread
N/A (Flat fee applies)	0.002
Forex
Degiro do not offer Forex trading	XM offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges. Over 50 currency pairs are available, which is above the market average and is in line with one of our top award-winners, AvaTrade.
Assets
0	55+
GBPUSD Spread
N/A	1.9
EURUSD Spread
N/A	1.6
EURGBP Spread
N/A	1.8
Currency Indices
	USD

Degiro	XM
Review	Review
Investing involves risk of loss
More Comparisons
Degiro vs	XM vs