Degiro Vs XM

Degiro and XM in Detail

The Degiro online trading platform gives traders from all over the world access to over 2,000,000 financial instruments, XM include over 1,000 available instruments. There are over 7,000,000+ registered customers that have taken advantage of the Degiro platform.

Degiro are regulated by Dutch Authority for the Financial Markets (AFM) (12048408), Dutch Central Bank (DNB), German Federal Financial Supervisory Authority (BaFin) (10119766).

XM is a renowned Cyprus financial trading brokerage established in 2009.

XM serves customers globally and are regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd . Depending on the country you are trading from Degiro may serve you from a different business entity to comply with its financial regulators.

XM is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. Degiro is listed as a publically traded company so are a reputable broker.

XM is a popular well known financial trading platform serving over 10,000,000 customers.

Benefits of Degiro and XM Compared

Below, we will give you a summary of the benefits Degiro and XM offer side by side.

Degiro offers a minimum deposit of 0 while XM have a 5 minimum deposit.

Why smaller trading deposits are good and how Degiro and XM compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Degiro or XM. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Degiro requires a minimum deposit of 0, whereas XM mandates a minimum deposit of 5. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Degiro or XM, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

Degiro allows traders to trade up to 2,000,000 financial instruments while XM have around 1,000 on their trading platform.

The more instruments available on Degiro and XM trading platforms the more potential financial instruments you can buy or sell for your portfolio. 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 seriously do not want to miss out on a trading opportunity due to the limitations of Degiro or XM.

The Degiro trading platform has 0 stocks listed while XM has 160 stocks listed.

Degiro allows retail traders to trade the following assets Share Dealing, Investment Fund trading, ETF Trading, Futures Trading, Leveraged Products, Bonds, Options, Warrants on the Degiro Webtrader, Mobile Apps, Android (Google Play), iOS (App Store) trading platforms.

Alternatively XM allows retail traders to trade Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs on the XM MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps trading platforms.

Compare Degiro and XM in more detail below.

Drawbacks of Degiro and XM Compared

Below we compare what drawbacks Degiro and XM have side by side.

Various potential downsides can be associated with certain brokers, including Degiro and XM. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Degiro compared to XM. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Degiro versus XM.

Degiro Vs XM Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Degiro or XM. A diversified portfolio with Degiro or XM can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Degiro or XM, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Degiro and XM.

Degiro Vs XM Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Degiro and XM, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Degiro and XM offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with Degiro or XM is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Degiro or XM could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Degiro, XM, and all brokers are subject to regulation.

We compare Degiro vs XM Crypto options below side by side.

Degiro Vs XM Commission and Fees

knowing your trading and commission fees with Degiro vs XM is extremely important. For the majority of the Degiro 2,000,000 financial instruments and XM 1,000 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Degiro and XM. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Degiro and XM before you invest because you must know what you are paying.

You ideally want to choose a broker like Degiro or XM that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with Degiro or XM. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential Degiro and XM fees, of course. Make sure you do your research and check the commission and fees with both Degiro and XM before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with Degiro or XM be aware of or 3rd party payment provider fees and currency conversion fees.

Degiro does not charge inactivity fees, while XM does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant Degiro and XM accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Degiro or XM account, or choose to close it.

Usually, the associated fees for dormant Degiro or XM accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Degiro or XM trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Degiro or XM you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Degiro or XM nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how Degiro vs XM compare side by side for commissions and fees.

Degiro Vs XM Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Degiro and XM platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Degiro or XM demo account.

Degiro Vs XM Mobile Trading

Trading on your mobile with Degiro and XM can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Degiro and XM mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Degiro or XM. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Degiro or XM can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with Degiro or XM is essential. Likewise, if you have an android phone, it's crucial to verify if Degiro or XM broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Degiro and XM have trading apps compatible with your device.

Degiro Vs XM Trading Account Types Offered

Degiro Vs XM Demo Account

A demo account with Degiro or XM is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Degiro and XM demo account.

Degiro Vs XM Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if Degiro or XM offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both Degiro and XM do offer Micro accounts.

Degiro Vs XM Standard Account

A standard account is available on Degiro and XM to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both Degiro and XM do offer clients Standard accounts.

Degiro Vs XM MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Degiro or XM or alternative.

Degiro and XM do not offer clients MAM accounts.

Degiro Vs XM ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with Degiro or XM or alternative.

Degiro and XM do not offer clients ECN accounts.

Degiro Vs XM Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with Degiro or XM or alternative.

Both Degiro and XM do offer clients Islamic accounts.

Degiro Vs XM STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with Degiro or XM or alternative.

Degiro and XM do not offer clients STP accounts.

Degiro Vs XM Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Degiro and XM do not offer clients Managed accounts.

Degiro Vs XM Withdrawal and Funding Methods

Degiro and XM have multiple deposit and withdrawal options. Funding and withdrawing from your Degiro and XM accounts to your chosen payment method should be straightforward. Lets see how Degiro and XM compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Degiro or XM.

Degiro Vs XM Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Degiro or XM support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Degiro and XM support is always available when needed. Degiro and XM customer support is not just useful. broker customer support is crucial to your trading success!

Degiro Vs XM Live Chat

Live chat is important for several reasons. When you encounter a problem with Degiro or XM trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Degiro do not offer livechat support. On the other hand XM do offer livechat support.

Degiro Vs XM Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Degiro or XM you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Degiro or XM support team to answer satisfactorily. Email support with Degiro and XM will be needed.

Both Degiro and XM offer email support.

Degiro Vs XM Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Degiro or XM. We can get straight to the point, saving us time and frustration.

Both Degiro and XM offer phone support.

Lets see how Degiro and XM customer support compare side by side.

Degiro Vs XM Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Degiro and XM are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Degiro or XM have these in place, please be extremely cautious before you proceed with them.

We compare Degiro Vs XM financial regulation and licensing side by side below.

Degiro Vs XM Education Resources Compared

We compare Degiro and XM educational resources below.

Degiro Vs XM Risk Management Features

When trading with either Degiro or XM you will want to understand and make full use of all the risk management features on your Degiro or XM trading platforms.

We compare side by side the trading risk management features offered by Degiro and XM below.

Degiro Vs XM Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Degiro does not offer clients hedging, while XM does offer clients hedging.

Degiro Vs XM Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both Degiro and XM do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Degiro or XM. You must still monitor any live trades and your financial exposure and financial risk.

Degiro Vs XM Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both Degiro and XM do offer clients limit orders.

Degiro Vs XM Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Degiro does not offer clients negative balance protection, while XM does offer clients negative balance protection.

Degiro Vs XM Verdict

We hope this Degiro Vs XM guide has helped you decide who is best to trade with out of Degiro and XM.

When choosing a broker like Degiro or XM for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Degiro or XM are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Degiro or XM, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Degiro or XM.

Also, before you sign up with online brokers like Degiro or XM, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Degiro or XM before investing money into something.

Beware of the risks that come with trading with Degiro or XM. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Degiro and XM educational resources and financial research tools. If you are new to trading, sign up for a demo account with Degiro and XM to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Degiro or XM will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Degiro and XM fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Degiro or XM if your investment strategy is more long-term.

Degiro and XM Alternatives

If Degiro and XM are not what you are not quite what you are looking for we list some of the best Degiro and XM alternatives below.

Other Degiro and XM Vs Comparisons

If you are still looking for an alternative to Degiro and XM and want to see how Degiro or XM compares Vs other brokers check out the Degiro Vs and XM Vs list below.

Degiro Vs Alternatives

Still not happy have a look at some of our alternative Degiro Vs side by side comparisons below

• Degiro vs IC Markets
• Degiro vs Roboforex
• Degiro vs eToro
• Degiro vs XTB
• Degiro vs XM
• Degiro vs Pepperstone
• Degiro vs AvaTrade
• Degiro vs FP Markets
• Degiro vs easyMarkets
• Degiro vs SpreadEx

XM Vs Alternatives

Still not happy have a look at some of our alternative Degiro Vs side by side comparisons below

• XM vs IC Markets
• XM vs Roboforex
• XM vs eToro
• XM vs XTB
• XM vs Pepperstone
• XM vs AvaTrade
• XM vs FP Markets
• XM vs easyMarkets
• XM vs SpreadEx
• XM vs FxPro

Degiro Vs XM Frequently Asked Questions

We answer some of the most frequently asked Degiro Vs XM questions below.

Is Degiro any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Degiro legit? - Degiro are regulated by Dutch Authority for the Financial Markets (AFM) (12048408), Dutch Central Bank (DNB), German Federal Financial Supervisory Authority (BaFin) (10119766) and have been in business since 1934

Is XM any Good?

XM are regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd and have been in business since 2009.

Which is better Degiro or XM?

Degiro does not have a high rating, while XM does not have a high rating.

Is Degiro a con?

Degiro is regulated by Dutch Authority for the Financial Markets (AFM) (12048408), Dutch Central Bank (DNB), German Federal Financial Supervisory Authority (BaFin) (10119766) and have been in business since 1934. We recommend looking at a Degiro alternative that has more financial regulation.

Is XM a con?

XM is regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd and have been in business since 2009. XM is most definitely not a con as they are regulated by major financial regulators.

What happens if Degiro or XM go bust?

Degiro and XM are regulated, which means that as part of their regulatory obligations Degiro and XM have to offer a certain level of financial protection to their clients. Degiro and XM should by law keep client funds separate from Degiro and XM funds. If either Degiro or XM goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Degiro and XM websites and regulators.

Are Degiro or XM good for beginners?

Degiro and XM offer low deposits and access to a selection of market insights and news resources. Both Degiro and XM offer demo accounts. Demo trading accounts are a big plus for Degiro and XM as it shows they are interested in their customers.