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ETX Capital vs XM Group 2020

Is ETX Capital better than XM Group? After testing 30 of the best forex brokers over five months, ETX Capital is better than XM Group. Despite a long-tenured history in the forex markets and outstanding customer service, ETX Capital struggles to keep up with industry leaders when it comes to trading platforms, tools, and research.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature ETX Capital XM Group
Overall 4 4
Commissions & Fees 4 3.5
Offering of Investments 4 4
Platforms & Tools 3.5 3.5
Mobile Trading 3.5 3.5
Research 3 4
Education 3.5 4
Trust Score 82 84
77.40% of retail CFD accounts lose money 77.55% of retail CFD accounts lose money
ETX Capital Review XM Group Review
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Regulation

Feature ETX Capital XM Group
Trust Score 82 84
Year Founded
1965 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 2
Tier-2 Licenses
0 2
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature ETX Capital XM Group
ASIC Authorised (Australia)
No Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature ETX Capital XM Group
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
No Yes
Currency Pairs (Total Forex pairs)
60 57
CFDs - Total Offered
6000 1273
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No

Cost

Feature ETX Capital XM Group
Average Spread EUR/USD - Standard
0.81 (as of May 18) 1.6 (Aug 2020)
All-in Cost EUR/USD - Active
0.81 (as of May 18) 0.8 (Aug 2020)
Active Trader or VIP Discounts
No No

Funding

Feature ETX Capital XM Group
Minimum Initial Deposit
$£100 $5-100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature ETX Capital XM Group
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
No Yes
Social Trading / Copy-Trading
No Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No

Trading Tools

Feature ETX Capital XM Group
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
No Yes
Watchlists - Total Fields
7 (Default MT4/MT5)
Charting - Indicators / Studies (Total)
56 (Default MT4/MT5)
Charting - Drawing Tools (Total)
31 (Default MT4/MT5)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature ETX Capital XM Group
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
30 (Default MT4/MT5)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
No No

Research

Feature ETX Capital XM Group
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
AutoChartist
No Yes
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No Yes
Economic Calendar
No Yes

Education

Feature ETX Capital XM Group
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
No Yes
Investor Dictionary (Glossary)
Yes No

Major Forex Pairs

Feature ETX Capital XM Group
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature ETX Capital XM Group
Overall 4 4
Commissions & Fees 4 3.5
Offering of Investments 4 4
Platforms & Tools 3.5 3.5
Mobile Trading 3.5 3.5
Research 3 4
Education 3.5 4
Trust Score 82 84
ETX Capital Review XM Group Review
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Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare ETX Capital vs XM Group.

Does ETX Capital or XM Group offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ETX Capital offers better pricing overall for traders.

Is ETX Capital or XM Group safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. XM Group holds 2 global Tier-1 licenses, while ETX Capital holds 1. XM Group holds 2 global Tier-2 licenses, while ETX Capital holds 0. All regulators considered, XM Group has a Trust Score of 84.00, while ETX Capital 's Trust Score is 82.00.

Which trading platform is better: ETX Capital or XM Group?
To compare the trading platforms of both ETX Capital and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XM Group offers a better experience. With research, XM Group offers superior market research. Finally, we found XM Group to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While XM Group offers copy trading, ETX Capital does not. Both ETX Capital and XM Group offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
ETX Capital provides traders 60 currency pairs (e.g., EUR/USD) compared to XM Group's 57 available pairs. Forex pairs aside, ETX Capital offers traders access to 6000 CFDs while XM Group has 1273 available CFDs, a difference of 4,727.

Overall, between ETX Capital and XM Group, ETX Capital is the better forex broker.

ETX Capital Review
XM Group Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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